News / International

Iran Discovers Large Light Crude Oilfield

A huge light crude oilfield with considerable reserves has been discovered in southwest Iran, the Mehr News Agency reported on Wednesday.

Iraq confirms BP/Baghdad Kirkuk oilfield talks

Iraq's Deputy Prime Minister for Energy Hussain al-Shahristani confirmed on Wednesday that talks were taking place between BP and Baghdad over the northern Kirkuk oilfield.

Dolphin narrows list for EPC award

Abu Dhabi-based Dolphin Energy confirmed it has created a shortlist of companies for an engineering, procurement and construction contract related to its plant in Ras Laffan, Qatar.

IMF: oil prices to jump 30% on Iran sanctions

Oil prices will gain 30 percent on average in 2012 compared with a year earlier on possible supply disruption from Iran, the International Monetary Fund warned.

Iraq says Exxon won’t move on Kurdish oil blocs

Exxon Mobil has told Baghdad it will not break ground on its oil blocs in the semi-autonomous Kurdish north until the central government approves the contracts, Iraq's top energy official said on Wednesday.

Saudis get Karan trains rolling

Saudi Aramco has started testing the first of three trains at an expanded gas processing facility for its offshore Karan field that are set to deliver an output boost for the project later this year, according to a report.

Shell assessing $4 bln Nigeria oil projects

Royal Dutch Shell Plc is assessing projects that could be worth around $4 billion to boost oil production in Nigeria and cut flaring of associated natural gas, Chief Executive Peter Voser said in comments published on the company's website.

Anadarko hits West Africa oil shows

Anadarko Petroleum has struck oil shows at two wells at off pair of near neighbours in West Africa.

Saipem awarded new E&C onshore contract worth $350 million in Saudi Arabia

The Lump Sum Procure and Build contract has been awarded by the Emarat of the Makkah Province for the implementation of a new Stormwater Drainage System within the framework of the Jeddah Stormwater Drainage Program - Package 8, to be developed in Jeddah, on the Western coast of Saudi Arabia.

Hunt makes Kurdistan find

A ''significant oil accumulation'' has been found at Hunt Oil Middle East's Simrit-2 exploration well, located in the Ain Sifni production sharing contract in Kurdistan, a partner to the project has announced.

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