News / International

Seadrill Gets $1.2B, Five-Year Contract for West Polaris

Offshore deepwater drilling specialist Seadrill announced that it is advanced discussions regarding a new five-year contract for the drillship West Polaris (UDW drillship). The potential revenue for this new contract is approximately $1.16 billion.

Weather disrupts Iraq, Kuwait oil exports

Bad weather has disrupted oil exports from Iraq's southern offshore terminal and forced neighbouring Kuwait to halt all of its oil exports, a shipping source and government official told Reuters on Sunday.

Lukoil Receives Right to Explore Block 10 Project in Iraq

Russia's biggest privately owned oil producer OAO Lukoil Holdings said Friday it has received the right to explore the Block 10 project in Iraq.

Shell confirms exit from Libya blocks

Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move since the overthrowing of Muammar Gaddafi's regime.

Statoil eyes Kurdistan entry

Statoil is looking at possible opportunities in Kurdistan as the Norwegian state oil company prepares to pull the plug on its participation in the West Qurna 2 project in Iraq, its exploration chief has revealed.

Gulf Keystone Spuds Sheikh Adi-2 Well

Gulf Keystone is pleased to announce that the Sheikh Adi-2 exploration well spudded on the Sheikh Adi block in the Kurdistan Region of Iraq. The Sheikh Adi block is located immediately to the west of the Company's Shaikan block, which is a major discovery.

Jordan Seeks Contractors for Work on Oil Terminal in Aqaba Port

Jordan invited contractors to apply to prequalify as bidders for engineering, procurement and construction work on an oil terminal in the port of Aqaba, the Ministry of Energy and Mineral Resources said.

Iran Finds First Caspian Sea Oil for More Than a Century

Iran has discovered oil in its Caspian Sea waters for the first time in more than a century, the state-run Fars news agency reported.

Saudi Oil Output Exceeds Russia’s

Oil production in Saudi Arabia, the world's largest crude exporter, rose to 9.923 million barrels a day in March, from 9.853 million barrels a day in February, overtaking Russia as the world's largest producer for the first time in six years, official data showed Sunday.

South Korea poised to halt Iran oil imports from July

South Korea will effectively become the first of Iran's major Asian customers to halt oil purchases from July 1, when a European Union insurance ban will prevent further imports.

Page 1017 of 1158

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password