News / International
ExxonMobil kicks off deepwater drilling at Libya Well
Exxon Mobil Corp. said it is beginning to drill the first of three deepwater exploration wells off the coast of Libya, ramping up activity in the oil-rich nation by the world's largest publicly traded oil company. Chevron announces first oil production from Frade field in Brazil
Chevron Corporation announces that its subsidiary Chevron Brasil Upstream Frade Ltda. has commenced crude oil production from the Frade Field, the company's first operated deepwater development in Brazil. Latest Apache North Sea Well brought on production at 10,500 barrels/day
Apache Corporation said that its Forties Charlie 6-3 well commenced production at a rate of 10,500 barrels of oil per day. The well is the seventh development well brought on production at Forties in 2009; its initial production rate is the field's highest since 1994. Weak dollar helps crude prices to rise above $68
Oil rose above $68 a barrel on Tuesday, reversing earlier losses, supported by a weaker dollar and ahead of inventory data expected to show a fall in crude stocks. Gazprom sees dip in Europe exports
Russian gas giant Gazprom expects to export 60 billion cubic metres to Europe in the first half of the year, adding that shipments for the full year should reach 140 Bcm, a dip on last year's figures. Island Oil & Gas awarded exploration permits in Morocco
Island Oil & Gas Plc, announces that its wholly owned subsidiary Island International Exploration Morocco ("IIEM") has signed with the Office National des Hydrocarbures et des Mines ("ONHYM") two Petroleum Agreements ("the Agreements") for the contiguous areas of Sidi Moussa Offshore ("Sidi Moussa") and Foum Draa Offshore ("Foum Draa"). Iraq fires up production from Nassiriyah oil field
Iraq has started crude oil production from a giant oil field in southern Iraq for the first time, in a bid to increase the country's crude output, an official with the South Oil Co. said. Blom to survey area in Algerian desert for O&G Pipeline project
Blom has signed a contract with Italian Saipem for laser scanning and aerial photography of a large area in the Algerian desert. The survey will be executed to provide data for a new oil and gas pipeline project in the area. 
