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Oil Field Services News

Bozhong 34-1 Receives Silver Prize of High Project for 2009
China >> 1/18/2010 - In the commendation meeting for Strengthening Safety and Quality Management of Major Projects and Constructing National High-quality Projects held by China Association of Construction Enterprise Manag...
Iraq Sets Nassiriya Oilfield Deal Deadline Jan 24
Iraq >> 1/17/2010 - Iraq's oil minister said that a group of companies led by Japan's Nippon Oil Corp was "stalling" in talks to develop the Nassiriya oilfield and that a deal had to be done by Jan. 24 or Iraq would go i...
Iraq and Shell Sign the Majnoon Oilfield Contract
Iraq >> 1/17/2010 - The Ministry of Oil of the Republic of Iraq, Royal Dutch Shell plc (“Shell”) and Petronas Carigali (“Petronas”) signed a 20-year contract to provide technical assistance in the development of the Majn...
Iraq to Sign Final Deal With Eni Group for Zubair
Iraq >> 1/17/2010 - Iraq's Oil Ministry and a group led by Italian oil major Eni will sign a final deal for the development of the Zubair oilfield on Jan. 22, Iraqi Oil Minister Hussain al-Shahristani said. ...
KRG Statement On Kurdistan Oil Contracts & Revenues
Iraq >> 1/17/2010 - After talks with the Kurdistan Region’s Prime Minister Dr Barham Salih, Iraq’s Prime Minister Nouri al-Maliki on 3rd January said in a statement to the press, “It is time to look at this file and sett...
Kazakhstan Hopes to End Karachaganak Row in 2010
Kazakhstan >> 1/15/2010 - Kazakhstan hopes to resolve a dispute with a group of foreign companies led by BG (BG.L) and Eni (ENI.MI) over the huge Karachaganak gas field this year, Energy Minister Sauat Mynbayev said. ...
Kazakhstan's Kashagan Group to Cut 2010 Spending
Kazakhstan >> 1/15/2010 - A group of energy companies developing the Kashagan oil field in Kazakhstan will cut 2010 spending to $7 billion from an earlier plan of $10 billion, Kazakh state oil firm KazMunaiGas. The oilfield...
Keystone Increased Oil in Place Numbers for Shaikan
Iraq >> 1/15/2010 - Gulf Keystone Petroleum Ltd. announced significantly increased oil in Place Numbers for Shaikan Discovery. Shaikan-1 has been independently evaluated by Dynamic Global Advisors ("DGA"). This final eva...
BP, CNPC Pay $500 m Signing Fee for Iraq Oilfield
Iraq >> 1/15/2010 - Oil major BP and Chinese partner CNPC have paid a $500 million (306 million pounds) signature bonus due on the contract they won to develop Iraq's supergiant Rumaila oilfield, a senior Iraqi oil secto...
TNK-BP Takes Mature Approach
Russia >> 1/14/2010 - TNK-BP’s most mature production asset, Orenburgneft, appears to have has played a surprisingly important role in the company’s expected 2.5% crude output increase in 2009. ...
EnerGulf Provides update on Block 1711, Namibia
Namibia >> 1/13/2010 - EnerGulf Resources Inc. EnerGulf is pleased to provide updates of its projects, block 1711 Offshore Namibia. Block 1711 - NAMCOR, (the National Petroleum Corporation of Namibia) has been appointed by ...
Beach Provides Update on North Shadwan Concession
Egypt >> 1/13/2010 - Beach Energy Limited reported activities include: North Shadwan Concession, Gulf of Suez. The NS 377-5 oil field development well targeting oil in the Kareem Formation spudded on 12 January (Beach 20%...
Petroceltic Updates Operations on Its Isarene Permit
Algeria >> 1/12/2010 - Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa and the Mediterranean, in association with its partner Sonatrach, the Algerian Nation...
Russia's Output Of Crude Oil Up, Gas Down in 2009
Russia >> 1/11/2010 - During the past year, Russia's crude oil output increased while the gas output plunged, said the state enterprise Central Dispatching Department of Fuel Energy Complex (CDU TEK). ...
XTRACT Updates Operations in Alasehir License
Turkey >> 1/11/2010 - Xtract Energy Plc is pleased to provide the following update on operations in the Alasehir license area at its Turkish associate company Extrem Energy AS. ...
Tethys Provides Update on Activities in Uzbekistan
Uzbekistan >> 1/11/2010 - Tethys Petroleum Limited gave an update on activities in Uzbekistan. Tethys is honoured to announce that the President of Uzbekistan, his Excellency President Karimov, has issued an Order that include...
Iraq to Finalize Oil Deals Later This Month
Iraq >> 1/10/2010 - Iraq's Oil Ministry will finalize deals later this month with foreign energy firms for its Majnoon, Gharaf, Qayara and Najmah fields, a ministry official said. ...
Iraq Cabinet Ratifies Four Major Oilfield Deals
Iraq >> 1/5/2010 - Iraq's cabinet has ratified contracts with foreign firms to develop four oilfields, pushing Iraq a step closer toward finalizing deals that may make it a leading world oil producer, the government sai...
Transglobe Updates Its Recent Operations in Egypt
Egypt >> 1/5/2010 - TransGlobe Energy Corporation is pleased to provide an update on its operations and production. Two oil wells were completed since the last update provided on November 25, 2009. The Company's first ho...
Dana Gas Makes 9th New Discovery and Ups Production
Egypt >> 1/5/2010 - Dana Gas PJSC, the Middle East's first and largest regional private sector natural gas company, has announced that it has successfully achieved its end of year production target for Egypt operations b...

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