News / International

Borouge extends lifetime of steel pipelines

At the Arabplast Exhibition held in Dubai from January 8 – 11, 2011, Borouge, a leading provider of innovative, value creating plastics solutions, showed how it is contributing to the Oil and Gas Industry in the Middle East, helping them extend the lifetime of their steel pipelines by internally lining them with durable, corrosion resistant polyethylene.

BAN KI-MOON to speak at World Future Energy

His Excellency Ban Ki-Moon, Secretary-General of the United Nations, today announced his participation and attendance at the fourth annual World Future Energy Summit (WFES), held in Abu Dhabi from 17-20 January 2011, and hosted by Masdar.

Ghana: Tullow’s Tweneboa-3 appraisal well confirms Greater Tweneboa Area resource potential

Tullow Oil has announced that the Tweneboa-3 appraisal well in the Deepwater Tano licence offshore Ghana has successfully encountered gas condensate in excellent quality sandstone reservoirs.

Nigeria: Shell sees strong interest in sale of Nigerian oil blocks

The Sunday Times newspaper has reported that at least 18 consortia are working on bids for four onshore oil fields in the Niger Delta being sold by Shell Petroleum Development and Production Company (SPDC) and its partners Total and Eni.

Dana Petroleum and Tullow Oil announce successful Cormoran-1 well offshore Mauritania

Dana Petroleum, a wholly owned subsidiary of the Korean National Oil Corporation (KNOC), advises that the Cormoran-1 exploration well has been drilled to a total depth of 4,695 metres below sea level and has been plugged and abandoned as a gas discovery.

Hess invests $5.6 billion in 2011

Hess Corp., the New York-based oil company, revealed its plans to invest $5.64 billion this year, mainly to finance its exploration and production operations.

Syria operations is mixed bag for Gulfsands

Gulfsands Petroleum which is involved in oil and gas production, exploration and development activities in Syria, Iraq, Tunisia, Italy and the US, has released an update on its operations in Syria.

China’s Net Oil Imports Rise After Refiners Boost Fuel Output on Shortage

China, the world's biggest energy user, increased net imports of crude oil by 1.4 percent in December from a month earlier as refineries maintained high operating rates to ease a diesel shortage.

South Sudan Votes in Referendum to Declare Oil-Rich Region’s Independence

Southern Sudanese voters turned out for the second day of balloting in a referendum on independence that appeared set to establish the oil-rich region as the world’s newest nation.

Israel’s new offshore gas exploration may change the game

The last week's confirmation of the largest underwater discovery of natural gas in a decade off Israeli shores has made many in the Jewish state dizzy with talk of becoming a global energy power possessing reserves worth tens of billions of dollars.

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