News / International
Saipem wins US$ 580 million onshore contract in Algeria
Algerian oil company Sonatrach awarded Saipem the EPC contract for gas pipeline GK3 – lot 3, covering the engineering, procurement and construction of a gas transportation system. Tethys Oil: initial evaluation of Saiwan East – 2 completed
The initial evaluation of the Saiwan East-2 well on Block 4, onshore Oman, has been completed. An over 400 metres column of heavy oil saturation in the upper target formations has been confirmed. TAQA Arabia is awarded EUR 118 Million contract to construct Gas Distribution Network in Libya
TAQA Arabia, Citadel Capital's full-service regional energy distribution platform, has been awarded a EUR118 million contract to build the infrastructure for a gas distribution network that will connect 370,000 households in the Libyan cities of Tripoli, Benghazi and Misurata with safe, clean natural gas. The contract marks the company's entry into the lucrative Libyan market. Circle Oil confirms gas discovery in Morocco’s Sebou Permit
Circle Oil announced that the CGD-10 exploration well has been drilled, logged and successfully tested in the Sebou Permit, Morocco. Saudi Aramco’s production team finishes trial of New Separator Tech
The EXPEC Advanced Research Center (EXPEC ARC) and North Ghawar Producing Department (NGPD) have completed successful field trials of the new Inline Water Separator (IWS). The IWS is composed of a series of compact vessels with proprietary technologies to separate water from oil. KRG celebrates historic achievement with first Crude Oil export
Iraqi President Jalal Talabani, Kurdistan Region President Masoud Barzani, and Kurdistan Regional Government (KRG) Prime Minister Nechirvan Barzani joined in celebrating the start of crude oil exports from the Kurdistan Region. Chevron steams up the Neutral Zone
US supermajor Chevron is considering deploying a steam flooding technique to boost oil output across the Neutral Zone between Kuwait and Saudi Arabia, a top executive said. Opec echoes call to curb speculation
Opec's Secretary General said more balance was needed between the amount of oil traded in the physical markets and the "paper" markets, which the group has often blamed for causing price swings. 
