News / International

AuDax primes Lambouka bit

AuDax Resources, the Australian listed explorer, announced that it was appointed to start drilling a well in the Lambouka prospect, off Tunisia, after conducting 3D seismic survey.

Woodchips for BP’s Gulf Oil Spill Clean Up

Green Energy Resources Inc. offered to commit 100,000 tons of woodchips for the gulf oil spill. Woodchips for oil containment is a proven technology listed with the Federal EPA.

Bowleven announces commencement of drilling operations in Etinde Permit

Bowleven, the West Africa focused oil and gas exploration group listed on AIM, announced that it has commenced drilling operations on the Etinde Permit (Etinde), offshore Cameroon.

DNO: initial results from the testing of Yaalen-3

DNO reported initial results from the testing of Yaalen-3, in the Republic of Yemen. The first test in Yaalen-3 flowed 1,400 barrels of oil per day, with no water. The test rate was restricted by the equipment used during the test, and the Company expects that this interval has the capacity to flow in the order of 4,000 - 5,000 bopd.

BP Provides Update on Gulf of Mexico Oil Spill Response

BP provided an update on developments in the response to the MC252 oil well incident in the Gulf of Mexico, suggesting a run rate of cash far higher than some analysts had predicted.

New technology ‘to boost Saudi recovery rates’

Saudi Oil Minister, Ali Naimi said that his country is aiming to boost recovery rates at key producing oilfields up to 70% through using a new technology.

TNK-BP and IOCOI establish a joint venture to develop fields in Iraq

TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq.

Nigeria: Shell can’t meet oil production target

Royal Dutch Shell PLC announced last Friday that it would not be able to fulfill some of its oil production contracts after a fire on one of its major pipelines in Nigeria that the company has blamed on thieves.

BP Chief: Main Strategy to Contain US Oil Spill Almost a Failure

Oil giant BP's chief operating officer says the company's main strategy for containing a massive oil spill in the Gulf of Mexico has not worked.

Tethys Oil Commences Drilling of Saiwan East Well

Drilling of the Saiwan East-3 ("SE-3") well on Block 4 onshore Oman has commenced. Well SE-3 is an appraisal well drilled to appraise and develop the discovery of light oil in the Khufai formation made in 2009.

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