News
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News Archived
Explo-production -
Market Trend -
Miscellaneous -
News from the Pipe Producers -
Pipe Line Projects
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Explo-production
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May 25, 2010
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- Sonangol says plans pre-salt oil exploration
State-owned oil company Sonangol is preparing to develop Angola's ultra deepwater oil exploration known as pre-salt, the head of Sonangol, Manuel Vicente, was cited as saying on Tuesday.
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April 6, 2010
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- IRAQ - Shell to ramp up Majnoon output
Anglo-Dutch supermajor Shell expects to pump as much as 175,000 barrels of oil equivalent per day from the massive Majnoon oil field in Iraq in 2012.
- UAE - Shah gas sees 2014 start-up
The Shah gas project, a joint venture between state-run Abu Dhabi National Oil Company (ADNOC) and ConocoPhillips, may start up by the second or third quarter of 2014.
- Total, Qatar eye African ventures
French supermajor Total and Qatar have agreed to invest jointly in production projects in West Africa, the French oil company’s chief executive Christophe de Margerie said.
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March 25, 2010
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February 22, 2010
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- Iraq sets up new oil outfit
Baghdad has established its fourth oil company that would manage fields in the country and areas around the capital.
- KOC taps Shell to unlock tough gas reserves
State-owned Kuwait Oil Company (KOC) has signed a five-year service contract with Shell to develop gas fields found in Jurassic reservoirs in northern Kuwait.
- ADCO dishes out $700mn Bab deal
Abu Dhabi Company for Onshore Oil Development (ADCO) has awarded a $683.3 million contract to state-owned National Petroleum Construction Company (NPCC) to increase the output of the Bab oilfield in the emirate.
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January 5, 2010
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- Sonangol seals Iraq deals
Angolan state oil company Sonangol has signed initial agreements with Iraq to develop the Qaiyarah and Najmah oil fields in northern Iraq.
- Egypt to drill 556 wells in 2010
EGYPT may drill 520 exploratory and development oil wells and 36 natural gas wells this year, according to the Egyptian Minister of Petroleum.
- Big oil success for Iraq
Iraq’s oil production capacity could triple from 2.5 million barrels per day (bpd) to 12 million bpd in six years, Iraq’s oil minister said as the country edges closer to the league of big oil producers.
- Tatneft finds Syrian bounty
Russian explorer Tatneft has found a commercial discovery in South Kishma oilfield in Syria with recoverable resources amounts to 4.89 million tonnes, the company said.
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November 16, 2009
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- Halliburton bags major Ghawar gig
Saudi Aramco has awarded Halliburton a five year integrated drilling contract to develop wells in the south of Ghawar, the world’s largest oil field.
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November 9, 2009
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October 15, 2009
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September 21, 2009
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Market Trend
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March 25, 2010
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November 9, 2009
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Miscellaneous
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November 9, 2009
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- Enoc completes Dragon takeover
Dubai-controlled downstream outfit Emirates National Oil Company (Enoc) took full control of independent player Dragon Oil after it has agreed to buy the remaining 48% of the exploration and production company valued at $3.88 billion.
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September 21, 2009
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- Total Warns of Future Supply Crunch
French giant Total said that it would boost output next year, but warned of possible problems with supplies as cost cutting looks set to limit global production capacity.
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News from the Pipe Producers
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November 17, 2009
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Pipe Line Projects
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November 9, 2009
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