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Oil Field Services News

Groundstar Awarded Exclusive Negotiation Rights For Two Blocks In Syria
Syria >> 1/15/2008 - Groundstar Resources announced that the Ministry of Petroleum and Mineral Resources of the Syrian Arab Republic has awarded Groundstar the exclusive right to negotiate Production Sharing Contracts wit...
Calvalley Petroleum Announces Operations Update in Yemen
Yemen >> 1/14/2008 - Calvalley receives approval to award EPCM contract: Calvalley solicited tenders from qualified Engineering firms to carry out the Engineering, Procurement and Construction Management (“EPCM”) o...
Occidental Petroleum Awarded Major Development Contract in Libya
Libya >> 11/26/2007 - Occidental Petroleum Corporation announced today it has signed agreements with the Libyan National Oil Corporation (NOC) to upgrade several of its existing petroleum contracts. The new agreements will...
Toreador Discloses Temporary Shut Down of Turkish Gas Production
Turkey >> 11/26/2007 - Toreador Resources Corporation today disclosed that over the weekend production in the South Akcakoca Sub-basin (SASB) project in the Black Sea offshore Turkey was shut down by system operator TPAO (t...
Fire Incident on Haradh-'Uthmaniyah Gas Pipeline
Saudi Arabia >> 11/18/2007 - On Sunday, Nov. 18, at about 00:25 a.m., a fire occurred on the Haradh-‘Uthmaniyah gas pipeline, 30 km away from Hawiyah Gas Plant, where maintenance work for new tie-ins was being conducted. We regre...
Total Announces Production Period Extended on Bongkot Field and New Development to be Launched
Thailand >> 11/5/2007 - Total announces that the Thai authorities have approved the extension for ten years of the production period for Bongkot, the largest gas field in Thailand. Bongkot consists of Blocks B15, B16, and B1...
SAGA starts commercial oil production
Russia >> 10/29/2007 - SAGA Oil has achieved a commercial break through in Russia and signed its first agreement for delivery and sales of oil and will now start commercial production. SAGA Oil’s subsidiary PROMGEOTEK has f...
StatoilHydro Announces Production Start-up at Marimba, Offshore Angola
Angola >> 10/26/2007 - Production at the Marimba North field in block 15 off the Angolan coast where StatoilHydro has a 13.33% interest, has begun. According to operator ExxonMobil, Marimba North will produce 80 million bar...
Signing a New Petroleum Agreement for GANOPE
Egypt >> 10/9/2007 - Eng. Sameh Fahmi, Minister of Petroleum, signed a new petroleum agreement for Ganoub El Wadi Holding Petroleum Co. (GANOPE) for oil and gas exploration in El Mesaha area at the Western Desert with Mel...
Eni signs Memorandum of Understanding on Corocoro field
Venezuela >> 6/26/2007 - Eni signed today in Caracas a Memorandum of Understanding which defines the terms for the transfer of the development activity of the Corocoro field to the “mixed enterprise” regime.

Eni will ...
Iran, Oman to develop Hengam gas field
Iran >> 5/28/2007 - Iran and Oman came up with an agreement to jointly develop the Persian Gulf’s Hengam gas field, said the Iranian Offshore Oil Company (IOOC). Talking to MNA, Mahmud Zirakchian said a joint working com...
Iran Approves General Plan For Jofeir Development
Iran >> 5/10/2007 - The National Iranian Oil Company (NIOC) has approved a general plan submitted by Belorusneft and Belneftekhim for Belarusian participation in the development of the Jofeir field in Iran. "The associat...
Concession Agreement to Develop Meleiha Block in Egypt was extended to 2024
Egypt >> 4/13/2007 - The Extension of the Concession Agreement on the Meleiha Block in the Western Desert as ratified by the Parliament of the Arab Republic of Egypt has come into effect.The extension of the Concession Ag...
Halliburton Opens Corporate Headquarters In The United Arab Emirates
United Arab Emirates >> 3/19/2007 - Halliburton opening a corporate headquarters office in the United Arab Emirates. Halliburton Chairman, President and Chief Executive Officer Dave Lesar will move to Dubai to lead the company’s effort...
Essar, Iran in Talks to Develop Azadegan
Iran >> 3/16/2007 - The Essar Group is in talks with Iran to develop the giant Azadegan oilfield, where a deal with a Japanese firm ended last year, to ensure fuel for a planned refinery and steel plant in Iran, a compan...
Salman Field To Start Gas Production in Spring
Iran >> 2/13/2007 - Plans are there to start gas production from the Salman Offshore Oil and Gas Field in southern Iran within the next three months, an official with the Iranian Offshore Oil Company (IOOC) said on Monda...
Iran, Qatar Reach Agreement on Joint Management of Oilfield
Iran >> 12/27/2006 - Iran and Qatar have reached an agreement on the joint management of the Mobarak Oilfield that is shared by Iran and the Persian Gulf state. A joint platform has been built at Mobarak Oilfield around I...
ONGC, Reliance Indus in Talks to Develop Iraqi Oil Field
Iraq >> 12/26/2006 - India's Oil and Natural Gas Corp. and Reliance Industries Ltd. are in talks to jointly develop an oil field in Iraq, ONGC's chief executive said. The two companies have started preliminary discussions...
Iran in talks with LUKoil over North Azadegan Oilfield
Iran >> 12/26/2006 - National Iranian Oil Company (NIOC) is currently in talks with Russia’s LUKoil on the development of North Azadegan Oilfield, southern Iran, NIOC managing director said. “Negotiations are at primary s...
Iran, Belarus agree to develop Iranian oilfield
Iran >> 12/25/2006 - Oil Minister Kazem Vaziri-Hamaneh announced Iran-Belarus agreement on the development of an Iranian oilfield. “During our recent visit to Belarus, we came to an agreement to develop Jofeir Oilfield, s...

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