News / International
Wintershall to raise spending on exploration
Wintershall, the largest crude oil and natural gas producer in Germany, announced that it's planning to invest more than $4.10 billion over the next three years in oil and gas exploration. EU’s gas crisis plan clears first hurdle
European Union proposals to force countries to build new emergency gas infrastructure were approved by a parliament panel, but a requirement to prepare for 60 days of supply cuts was reduced to 45 days. Kazakhstan: Total signs an agreement with OTG
Total announced that it inked an agreement to acquire a 50% interest in Kazakhstan's concession held by Oil Techno Group (OTG), the Kazakh subsidiary of Poland's Petrolinvest. The roughly 5,500 sq km onshore license presently being explored is located in northwestern Kazakhstan. Tethys Oil: Oman 3D Seismic Survey Operations Expand
The 3D seismic survey over the East Saiwan structure on Block 4 has been completed. The information is now being processed and new maps will be available shortly. Africa Oil Corp.: Lion Energy Farmout Receives Exchange Approval
Africa Oil Corp. reports that the TSX Venture Exchange has accepted for filing documentation pertaining to the August 19, 2009 farmout agreement between Lion Energy Corp. ("Lion Energy") and Africa Oil. Longford to serve as operator of Kurdistan block
Longford Energy announced that it has been recently appointed as the Operator of the Chia Surkh Block and plans to commence seismic acquisition during the second quarter of 2010. BP to start production of heavy Alaska oil
BP announced that it's close to finish the founding of a $100 million facility that will be the site of the company’s first commercially produced heavy oil from Alaska's North Slope. Gulf Keystone raises initial $24 million for drilling
Gulf Keystone Petroleum said that it raised 16 million pounds ($24 million) to start the initial stages of its 2010 drilling program in Iraq, with expectations for the number to rise during the year. 
