News / International
OMV Touts 60% Pre-War Level Production in Libya
Austrian energy giant OMV said Thursday its oil production in Libya now stands at 60% of the pre-war level, up from 30% in November. Circle Oil completes Morocco pipeline
AIM-listed Circle Oil has announced it has completed a pipeline in Morocco to deliver gas it discovered in the past four years in the Rharb Basin to local industry. RAK Petroleum and DNO International Complete Merger
Ras Al Khaimah, UAE -- RAK Petroleum Public Company Limited today announced that it has completed the merger of its Middle East-North Africa operating subsidiaries into Norway's DNO International ASA. Oil Advances for First Day in Four on Iranian Dispute, Euro Debt Meeting
Oil rose in New York for the first time in four days on growing concern that the dispute between Iran and western governments may lead to a disruption in Middle East crude exports. Libya to Revisit Oil Contracts
Some of Libya's oil contracts will be reviewed by the country's new government, former interim prime minister Ali Tarhouni said, putting scores of foreign firms on notice. Dana Petroleum awarded new North Sea acreage
Dana Petroleum plc in a 50/50 partnership with Sorgenia E&P (UK) Ltd has secured blocks 42/27, 47/2b (split) and 47/3g (split) in the UK Southern North Sea, in the final stage of the 26th round of UK offshore licensing. Technip awarded two-year extension of Statoil Frame Contract for Subsea Services
Technip was awarded the last option for the Statoil frame contract for diving, pipeline repair, contingency and modification services. The frame contract has been held by Technip since January 2007 and is now extended to the latest possible completion date of December 2014. Court Ruling Seeks to Bar National Strike in Nigeria
A Nigerian court on Friday issued an order seeking to block nationwide indefinite strikes planned by the labor unions against soaring petrol prices. 
