News / International

Statoil Completes First Hassi Mouina Well

Statoil and Sonatrach have completed and tested its first onshore exploration and appraisal well in the Hassi Mouina license in the Sahara Desert, Algeria. The companies are now underway with the drilling of license well number two.

SK to build $624m Kuwait plant

State-owned Kuwait Oil Company (KOC) signed a $624.6 million deal with South Korea's SK Engineering & Construction today to build an oil and gas gathering centre in the Gulf state's northern Sabriya field.

Gazprom Signs PSA for Libyan Offshore Hydrocarbon Block

Russian natural gas giant OAO Gazprom (GSPBEX.RS) has signed an agreement to explore and develop Libya's offshore hydrocarbon block No. 19, Gazprom said in a statement Monday.

OMV achieves its third gas discovery in Pakistan

OMV announced a discovery and successful testing of gas in its Latif 1 exploration well in the Latif Exploration Block in Northern Sindh province/Pakistan. This is an additional discovery in an area where OMV has discovered two major gas fields before, Miano and Sawan, which were brought on stream in 2001 and 2003.

Venezuela signs oil deal with China

Venezuela has signed deals to supply oil to China as part of a drive by Hugo Chavez, the south American nation's president, to break his dependence on energy exports to the United States.

Yemeni workers attack LNG facility

Hundreds of rioting workers damaged a liquefied natural gas export terminal being built in south-eastern Yemen and set fire to cars and a helicopter belonging to the facility, security sources said.

Total chief remains in custody

Total boss Christophe de Margerie will remain in police custody for another 24 hours, as French police continue their investigation into alleged kickbacks in an Iranian gas deal, a judicial source said today.

Statoil Prepping to Shoot Seismic in Libya

Statoil is preparing to shoot seismic in Libya. During the year, around 2,000 kilometers of 2D seismic will be gathered from the Kufra license in the southeast area of the country.

Saudi allocates land for Total oil refinery

Saudi Arabia has allocated land for the construction of a $6.4 billion oil refinery by France's Total and state conglomerate Saudi Aramco, the official SPA news agency reported Tuesday.

Qatar becomes world’s top Liquefied Natural Gas producer

The start-up of RasGas Train-5 with 4.7m tonnes per annum (mtpa) production capacity brings Qatar's total LNG capacity to approximately 30.7 mtpa, making it the world's largest LNG producer, Dr Mohammed Saleh Al Sada, Managing Director of RasGas Company, said here yesterday.

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