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Oil Field Services News

Max Petroleum Updates Operations in Kazakhstan
Kazakhstan >> 10/21/2009 - Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, announces the results of its third and final prospect review for 2009 based on the Group’s interpretation of 5,...
Serica Provides an Update on the Kambuna Field
Indonesia >> 10/21/2009 - Serica Energy plc provides an update on the Kambuna field, offshore Sumatra, Indonesia, in which Serica holds a 50% working interest. After six weeks of production from the Kambuna field, commercial s...
DNO's Q3 Production Reports in Yemen
Yemen >> 10/19/2009 - DNO is pleased to report production for third quarter 2009. DNO's working interest production was 44,578 bopd in third quarter. DNO's net entitlement production increased from 11,753 bopd in second qu...
DNO's Q3 Production Reports in Kurdistan Region
Iraq >> 10/19/2009 - DNO's working interest (WI) production from the Tawke field in Kurdistan in third quarter 2009 was 37,036 bopd and DNO's net entitlement production was 24,796 bopd. Gross production in third quarter w...
Novatek Launches the 2nd Stage of Yurkharovskoye
Russia >> 10/19/2009 - Novatek announced the initial launch of the second stage of Phase Two development at its wholly owned Yurkharovskoye field, providing the Company with the potential to increase annual productive capac...
Iraq's 2nd Round of Oil Deals Set for Dec 11-12
Iraq >> 10/18/2009 - Iraq will hold a second auction of contracts to develop some its prized oilfields on Dec. 11-12, and plans to meet oil majors in coming weeks to seal deals rapidly renegotiated after a lacklustre firs...
Iraq Cabinet Ratifies BP/CNPC Contract for Rumaila
Iraq >> 10/17/2009 - Iraq's cabinet ratified a contract with BP and China's CNPC to develop the super-giant Rumaila field, the first major oilfield deal to be signed after an international auction, the head of the licensi...
Hindustan Oil Commences Production from Py-1 Field
India >> 10/16/2009 - The Company has informed the Stock Exchanges as follows: “In compliance with the applicable provisions, if any, of the Listing Agreement entered into with the stock exchanges, we are pleased to inform...
TNK-BP Expects Medium-Term Increase of Production
Russia >> 10/15/2009 - TNK-BP is expecting a significant medium-term increase of its production owing to development of the Uvat and Russkoe fields, Mikhail Fridman, Head of Alpha Group and Interim Chief Executive Officer o...
PGNiG Opens Its Branch in Egypt
Egypt >> 10/14/2009 - PGNiG opens its Branch in Cairo, Egypt, on 14 October 2009. This is directly related to the Company's plans and activities in this country. In Egypt, PGNiG SA will focus on primarily exploration for a...
UAE's Dana, Crescent Plan $60 bln Gas City in Iraq
Iraq >> 10/14/2009 - UAE firms Dana Gas and Crescent Oil are looking to build a gas city in Iraq's western province of Anbar that they hope would draw $60 billion in investment said Province Governor Qassim al-Fahdawi. ...
Aladdin Oil & Gas Increases Gas-Reserves
Russia >> 10/14/2009 - Aladdin Oil & Gas Company ASA increases their gas reserves in Middle Sediolskoye (MS) license based on discovery well 7A drilled earlier this year and proved gas in the main reservoir. ...
Eni Awarded the Licence for the Zubair Giant Field
Iraq >> 10/13/2009 - Eni has been awarded the license for the development of the Zubair giant field in Iraq, following a successful first round bid. The license has been awarded to an Eni-led consortium (with Eni as Opera...
Iraq Studying New Exxon, Lukoil West Qurna Bids
Iraq >> 10/11/2009 - Iraq's Oil Ministry is considering revised offers from Exxon Mobil and Lukoil for West Qurna, one of several oilfields for which Iraq failed to secure a developer in a June auction. The auction was th...
HZ 21-1 Rapidly Resumes Production after Typhoon
China >> 10/8/2009 - CNOOC Limited announced that thanks to the joint efforts made by the Company and the CACT Operators Group, Huizhou 21-1 gas field has resumed its production after being hit by Typhoon Koppu. ...
Key Points of BP-CNPC Deal for Iraq's Rumaila Field
Iraq >> 10/8/2009 - BP and China National Petroleum Corp (CNPC) signed an oilfield contract with Iraq that marked a milestone in the country's plan to open up its vast oil resources to world oil majors. Rumaila is the wo...
Total to Develop Timimoun Gas Project in Algeria
Algeria >> 10/7/2009 - Total (37.75%), Sonatrach (51%) and Cepsa (11.25%) announce that the Algerian National Oil and Gas Development Agency (ALNAFT) has approved the development plan for the Timimoun natural gas project, l...
BG-Led Kazakh Oilfield Expansion Is ‘Under Question’
Kazakhstan >> 10/6/2009 - The BG Group Plc and Eni SpA-led planned expansion of the Karachaganak oilfield is “under question,” Lyazzat Kiinov, Kazakhstan’s deputy energy minister, said in Almaty today. ...
Chevron Kazakh Venture to Raise Oil Output
Kazakhstan >> 10/5/2009 - Kazakhstan's largest oil producer, Chevron-led venture Tengizchevroil, will produce 22.5 million tonnes of oil this year, up from 17.3 million tonnes in 2008, a senior Kazakh official said on Monday. ...
Russia September Oil Output Hits Record 10 mln bpd
Russia >> 10/2/2009 - Russia's monthly oil production exceeded 10 million barrels per day in September for the first time, approximately 25 percent more than the total pumped by nearest rival Saudi Arabia as OPEC persists ...

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