News / International
Iraq plans to drill 150 Wells in 2010
Iraq is planning to drill around 150 oil wells next year which will increase the country's crude oil production by 250,000 barrels a day, head of the state-run Iraqi drilling company said. Total starts up Yemen LNG production
Total announces that the Yemen LNG liquefaction plant started producing Liquefied Natural Gas (LNG) on October 15, 2009. Total is lead shareholder of Yemen LNG and holds a 39.62% interest, alongside the state-owned company Yemen Gas Company (16.73%), Hunt Oil Company (17.22%), SK Energy (9.55%), Korea Gas Corporation (6%), Hyundai Corporation (5.88%), and GASSP1 (5%). Eni wins license for Giant Iraqi oil field in first round
Eni has been awarded the license for the development of the Zubair giant field in Iraq, following a successful first round bid. The license has been awarded to an Eni-led consortium (with Eni as Operator), consisting of the US Occidental Petroleum Corporation and Korea Gaz Corporation. Total interested in continuing Pars LNG Project
Total has resumed contacts to enter the Pars liquefied-natural-gas export scheme in Iran, a state company said, despite rising tensions between the West and the Islamic Republic. Apache to sell 50 MMcf per day for $5 per MMBtu through Argentina’s Gas Plus Program
Apache Corporation announced government approvals of new contracts to supply 50 million cubic feet (MMcf) of natural gas per day from two fields in Argentina's Neuquen and Rio Negro provinces at a price of $5 per million British thermal units (MMBtu). Exxon-Sabic venture to cost $5b
ExxonMobil Chemical and Saudi Basic Industries Corp (Sabic) joint-venture synthetic rubber plants were expected to cost about $5 billion (Dh18.39 billion), a senior company executive said. Shell and Halliburton push the limits of extreme well conditions in Libya
Halliburton announces the recent deployment of its new Hostile Sequential Formation Tester II (HSFT-II™) tool. This latest formation evaluation tool allows operators to evaluate formations at increased pressures and temperatures, up to 30,000 pounds per square inch (psi) and 450°F, respectively, and in boreholes as small as four inches. No other commercially available formation testing tool is rated for such operating conditions. Jordan to weigh BP Risha plan
The Jordanian Cabinet is set to discuss a draft gas exploration agreement with BP to develop the Risha gas field before giving it final approval, according to reports. 
