News / International
Statoil increases its presence in Indonesia
Statoil has farmed in to three offshore exploration licenses in Indonesia, significantly expanding the presence in the country. Kenya: BG Group signs Production Sharing Contracts for offshore Blocks L10A and L10B
BG Group has signed Production Sharing Contracts with the Government of Kenya for two offshore exploration blocks - L10A and L10B. BG Group will be operator on both blocks and will hold a 40% equity interest in Block L10A and a 45% interest in Block L10B. The initial work programme consists of a commitment to acquire seismic data during an initial exploration period of two years. ExxonMobil in dispute with Nigeria over oil licence renewal
Nigeria's state oil company said on Monday that ExxonMobil has until Thursday to express its interest in three large oil-drilling licences that the U.S. energy firm says it has already been granted. UAE developing Umm Lulu oil field in Arabian Gulf
Abu Dhabi Marine Operating Company (ADMA-OPCO) is developing a major new oil field about 30 km northwest of the city in the Arabian Gulf. The Umm Lulu field will be developed in stages and contains sufficient reserves to eventually reach production of more than 100,000 barrels per day. Dana Gas to consider listing in London exchange
Dana Gas will consider a wide range of options, including a potential listing on the London Stock Exchange, before deciding on the approach most likely to enhance the company's value, its's chief executive told Gulf News. Taqa profit falls 47% as UK tax on North Sea rises
Abu Dhabi National Energy Company (Taqa) said yesterday its net profit for the fiscal first quarter fell 47 per cent year on year to Dh152 million due to an increase in taxes on operations in the UK North Sea. Chariot Oil & Gas Announces Increase in Namibia Resources
Chariot Oil & Gas Limited, the AIM listed Africa focused oil and gas exploration company, announces an increase of a further 1.5 billion barrels in its estimate of gross mean unrisked prospective resources from its Southern licence 2714A offshore Namibia. Gulfsands Petroleum Announces Oil Discovery in KHE-101, Syria
Gulfsands Petroleum plc, the AIM listed oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., provides an update on operations in Syria. 
