News / International
Weatherford Wins $843M Iraq Zubair Field Contract
U.S. giant oil services company Weatherford International Ltd. won a $843 million crucial oil field facilities contract from Eni SpA-led group that will boost oil production from Iraq's Zubair oil field by some 300,000 barrels a day, a government spokesman said. OMV, Wintershall in Adnoc sour gas pact
Germany's Wintershall and OMV of Austria have teamed up with Abu Dhabi National Oil Company (Adnoc) to sink appraisal wells at a sour gas play in UAE. Iraq asks Obama to halt Exxon’s Kurdish deal
Iraq has asked U.S. President Barack Obama to stop Exxon Mobil exploring for oil in its autonomous Kurdistan region, saying the U.S. company's actions could have dire consequences for the country's stability. Statoil Presents $740M Svalin Field Plan to Norwegian Government
Statoil said that it expects first production from its Svalin field in the North Sea to begin in 2013 as it presented its $740 million development plan for the field to the Norwegian government on Friday. Libya To Offer New Production-Sharing Contracts
Libya will offer new production-sharing agreements to international oil companies on improved terms to existing contracts, but this won't happen this year, said the country's Minister of Oil and Gas, Abdurahman Benyezza Wednesday. Shell sells three onshore Nigeria oil blocks
Royal Dutch Shell's Nigeria operation is working on selling three oil blocks in its latest move to divest some onshore assets, a spokesman said on Friday. Transocean may raise $1 bln from rig sale
Transocean , owner of the world's largest offshore drilling fleet, has put its Middle East rig assets up for sale, in a deal likely to raise $1 billion for the Switzerland-based company, three sources said. Norway’s DNO Strikes Oil at Peshkabir-1 Well
Norway's DNO International revealed Monday that it has struck oil at its Peshkabir-1 well, which previously yielded only water. 
