News / International

Afren and Eni spud Nunya-1X well in Keta Block, offshore Ghana

Afren has announced that operator Eni Ghana has commenced drilling of the Nunya-1X exploration well on the Keta Block, located offshore Ghana.

Iraq-Turkey oil exports resume after blast

Iraq has resumed oil exports via an undamaged pipeline to Turkey after they were cut by an explosion in the country's northern neighbour, officials said on Monday.

Harvest Natural Resources Updates Drilling Operations – Qarn Alam Block 64, Oman

Harvest Natural Resources, Inc. announced that the Al Ghubar North-1 (AGN-1) exploration well onshore Oman has reached a total depth (TD) of 10,482 feet.

Technip awarded two contracts for the Jubilee project in Ghana

Technip was awarded by Tullow Ghana Limited two contracts, worth approximately €100 million, for the Phase 1A of the Jubilee project. The Jubilee field is located offshore Ghana at a water depth of 1,300 meters.

Militants claim attack on Nigeria Eni oil pipeline

A Nigerian militant group based in the oil-producing Niger Delta said on Sunday it had attacked an oil pipeline owned by Italian firm Eni where witnesses said there was a fire late on Saturday.

Aramco to invest $90b in boosting refining capacity

Saudi Aramco will invest $90 billion in the next five years to increase refining capacity by 50 percent to 6 million barrels a day.

Tullow ‘Could Double Production’ in 5 Years after Ugandan Deal

The news that the Ugandan government has finally awarded the U.K. oil firm three production licenses brings "extra flexibility" to its balance sheet

Gulf Keystone Cleared for Algeria Stake Sale

Gulf Keystone announced that all required documentation has been executed and all necessary Government approvals obtained pursuant to the agreement between the Company and BG Group, the Operator, providing for the transfer of the Company's right, title and interest for no consideration in the Hassi Ba Hamou (HBH) Permit to the Operator and Sonatrach.

NYMEX-U.S. crude drops toward $97 on oil stocks data

U.S. crude oil prices slipped towards $97 a barrel on Thursday as a larger-than-expected rise in crude oil stocks outweighed support from upbeat manufacturing data in China, the United States and Germany.

Petrobras Launches $7B Bond Deal

Brazilian state-run Petroleo Brasileiro, or Petrobras, completed its four-tranche $7 billion bond deal in the U.S. credit markets Wednesday, according to a person familiar with the deal.

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