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Oil Field Services News

Dana Strikes Sixth Deal in Egypt
Egypt >> 5/20/2008 - Dana Petroleum signed an agreement with Santos Egypt Pty Ltd to acquire a 40% interest in the South East July Production Sharing Contract (“SE July PSC”), located in the Gulf of Suez, offshore Egypt. ...
Tunisian Government Approved 3 Years Renewal for Ksar Hadada
Tunisia >> 5/14/2008 - Petroceltic as operator of the Ksar Hadada permit has been informed by the Tunisian Government Approved 3 Years Renewal for Ksar Hadadathat the application to enter the first renewal period has been a...
LOI to Acquire Four Russian Oil Licences
Russia >> 5/13/2008 - Aladdin Oil & Gas Company ASA has entered into a letter of intent to acquire 80 percent of four Russian oil licences in the Orenburg-area for USD 17, 5 million. One of the licences is presently in pro...
Successful Gas/Condensate Horizontal Well for Mosaic Oil at Waggamba-4H PL202 Surat-Bowen Basin
Australia >> 5/5/2008 - Mosaic Oil NL advised that the Waggamba-4H gas/condensate horizontal development well has been successfully completed for production. On clean-up flow, the Waggamba-4H well has flowed at a stabilised ...
Kosmos Energy’s Mahogany-2 Appraisal Well Confirms Jubilee Field Discovery Offshore Ghana
Ghana >> 5/5/2008 - Kosmos Energy announced that the company’s Mahogany-2 well drilled offshore the Republic of Ghana on the Kosmos-operated West Cape Three Points Block has encountered a substantial light oil column bas...
Frontera Resources Announces Operations Update at the Taribani Field Unit
Georgia >> 5/1/2008 - Frontera Resources Corporation announced an update of its operations at the Taribani Field Unit within Block 12, Georgia. During the last week of April, operations to apply artificially induced fractu...
Candax Provides Updates on El Bibane Development Project and Production Outlook
Tunisia >> 4/30/2008 - Candax Energy provided an update on its Tunisian operations for the completion of the El Bibane offshore re-development project and an outlook on the Company's growing production. The El Bibane field ...
Temporary shutdown of the Al-Jurf field, Libya
Libya >> 4/28/2008 - Mabruk Oil Operations, a subsidiary of Total, confirms that it has temporarily shutdown production on the Al-Jurf field offshore Libya. Mabruk Oil Operations is the operator and Total has a 37.5% work...
Melrose Resources Provides Operations Update in Egypt
Egypt >> 4/24/2008 - Production:
Melrose's net entitlement production from the El Mansoura and South East El Mansoura concessions during the first quarter 2008 averaged 14,890 boepd, comprising 69% gas and 31% ...
Otto Energy provides Galoc Oil Field Development Update
Philippines >> 4/18/2008 - Otto Energy Limited provided an update on the progress of the Galoc Field Development, offshore Philippines. The development sequence for the Galoc Oil Field is nearing completion with the final stage...
Vangold Successfully Completes First Phase Rwanda Work Program
Rwanda >> 4/18/2008 - Vangold Resources announced that it has received a report, Oil Slicks /Seeps Survey in Lake Kivu, which completes the first phase work program in Rwanda. Vangold has the exclusive rights to the 1,631 ...
TNK-BP Will Invest $60 Million in 2008 into Development of the Russkoe Field
Russia >> 4/2/2008 - TNK-BP is going to invest $60 million into development of the Russkoe field in the Yamalo-Nenets Autonomous Area, said Sergey Brezitsky, Executive Vice President, Upstream, TNK-BP. According to Mr. Br...
High-Flow-Rate Well Put into Operation in Gunashli
Azerbaijan >> 3/30/2008 - On March 27 the high-flow-rate well 244 was put into operation through the platform 13 in Gunashli field. The daily flow rate of the well is 140 tons of oil and 23 thousand cubic meters of gas. It was...
DNO announces an update on the projects in Kurdistan
Iraq >> 3/14/2008 - DNO confirmed that it has signed revised agreements with the Kurdistan Regional Government ("KRG") amending the production sharing contract it holds for the Dohok and Erbil license areas. The Dohok ar...
New VLCC Hits the Seas
Saudi Arabia >> 3/12/2008 - Vela International Marine Limited’s Al-Butain Star, the first of six Very Large Crude Carriers (VLCCs) ordered from Daewoo Shipbuilding and Marine Engineering, entered service Feb. 22 after a naming c...
Centric Provides Update on Activities in Russia
Russia >> 2/27/2008 - Centric Energy provided an update on its activities in Russia. The South Temryuk 1 well in southern Russia is now at its final depth having penetrated both of the main objective horizons. The well is ...
New Roduction Facility Commissioned at Kumkol Fielf in Kazakhstan
Kazakhstan >> 2/26/2008 - Turgai Petroleum, a joint venture with the equal interests of LUKOIL Overseas and PetroKazakhstan commissioned a new modular water injection pump station at the Kumkol field in the Kyzylorda Region of...
Oando acquires two Nigerian oil mining leases from Shell for USD$625 million
Nigeria >> 2/25/2008 - Oando PLC has acquired Shell Nigeria Exploration and Production’s 49.8% stake in two oil Blocks, namely OML 125 and OML 134. The two deepwater blocks offshore Nigeria were won by Oando in an internati...
Matra Petroleum Announces Operational Update in Russia
Russia >> 2/13/2008 - Matra Petroleum announced the following operational update in Russia. Drilling progress on Arkhangelovskoe -11 has improved and the well is currently at 1544m. As announced on 5 February 2008 Arkhange...
Jura Provides Operations Update in Pakistan
Pakistan >> 2/11/2008 - Block 22: The Khanpur 2 well that was completed in January has been tied-in to the Block 22 processing facilities. The Operator, Petroleum Exploration (Pvt.) Limited (“PEL”), is currently produ...

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