News / International

Kenya: Apache farms into Origin Energy’s Block L8 PSC in the Lamu Basin offshore Kenya

Origin Energy has reached agreement with a subsidiary of US independent Apache Corp to divest a 50% undivided interest in a Production Sharing Contract (PSC) for petroleum exploration and production, pertaining to Block L8 located in the Lamu Basin, offshore Republic of Kenya.

Edison completes renegotiations with Eni for the supply of natural gas from Norway

Edison successfully completed the renegotiation with ENI for concerning the price for the long-term contract for the supply of natural gas from Norway expiring at the end of the year.

Iraq to auction giant field in 2011

Iraq plans to hold a licensing auction later this year to award the giant Nassiriya oil field to international oil companies, the country's Deputy Prime Minister for Energy Hussein al-Shahristani told a visiting Japanese minister of trade and industry, according to the Dow Jones Newswires.

Sonde Resources Wraps Up Ops Offshore Tunisia

Sonde Resources has completed drilling and production testing of its inaugural well on the 7th of November Block, offshore Tunisia / Libya, the Zarat North-1 appraisal well, in which Sonde owns a 100% working interest.

Rumaila Exceeds 10% Improved Production Target

The Rumaila Operating Organisation (ROO) has met a major milestone in the re-development of the super-giant field in Southern Iraq by increasing production by more than 10 per cent above the 1.066 million barrels a day (b/d) initial production rate agreed in December 2009.

Platts: OPEC Pumps 29.27 MMbpd in Dec

The 12-member Organization of the Petroleum Exporting Countries' (OPEC) crude oil production averaged 29.27 million barrels per day (b/d) in December, up 170,000 b/d from an estimated 29.1 million b/d in November, according to a just-released Platts survey of OPEC and oil industry officials and analysts.

Borouge extends lifetime of steel pipelines

At the Arabplast Exhibition held in Dubai from January 8 – 11, 2011, Borouge, a leading provider of innovative, value creating plastics solutions, showed how it is contributing to the Oil and Gas Industry in the Middle East, helping them extend the lifetime of their steel pipelines by internally lining them with durable, corrosion resistant polyethylene.

BAN KI-MOON to speak at World Future Energy

His Excellency Ban Ki-Moon, Secretary-General of the United Nations, today announced his participation and attendance at the fourth annual World Future Energy Summit (WFES), held in Abu Dhabi from 17-20 January 2011, and hosted by Masdar.

Ghana: Tullow’s Tweneboa-3 appraisal well confirms Greater Tweneboa Area resource potential

Tullow Oil has announced that the Tweneboa-3 appraisal well in the Deepwater Tano licence offshore Ghana has successfully encountered gas condensate in excellent quality sandstone reservoirs.

Nigeria: Shell sees strong interest in sale of Nigerian oil blocks

The Sunday Times newspaper has reported that at least 18 consortia are working on bids for four onshore oil fields in the Niger Delta being sold by Shell Petroleum Development and Production Company (SPDC) and its partners Total and Eni.

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