News / International
New technology ‘to boost Saudi recovery rates’
Saudi Oil Minister, Ali Naimi said that his country is aiming to boost recovery rates at key producing oilfields up to 70% through using a new technology. TNK-BP and IOCOI establish a joint venture to develop fields in Iraq
TNK-BP Holding and Iraq Oil Company for Oil Investments (IOCOI) have signed an agreement to establish a joint venture aimed at identifying potential projects to acquire, develop and operate oil and gas fields on the territory of Iraq. Nigeria: Shell can’t meet oil production target
Royal Dutch Shell PLC announced last Friday that it would not be able to fulfill some of its oil production contracts after a fire on one of its major pipelines in Nigeria that the company has blamed on thieves. BP Chief: Main Strategy to Contain US Oil Spill Almost a Failure
Oil giant BP's chief operating officer says the company's main strategy for containing a massive oil spill in the Gulf of Mexico has not worked. Tethys Oil Commences Drilling of Saiwan East Well
Drilling of the Saiwan East-3 ("SE-3") well on Block 4 onshore Oman has commenced. Well SE-3 is an appraisal well drilled to appraise and develop the discovery of light oil in the Khufai formation made in 2009. Foster Wheeler Awarded PMC Contract by ADCO for Oil Field Development in UAE
Foster Wheeler AG announced that its Global Engineering and Construction Group has been awarded a project management consultancy (PMC) contract by the Abu Dhabi Company for Onshore Oil Operations (ADCO) for the Bab Field expansion and the development of the Qusahwira Field in the United Arab Emirates. Qatargas pushes on with LNG maintenance
Qatargas, one of Qatar's top two exporters of liquefied natural gas would complete scheduled maintenance on two LNG production facilities by the end of May, according to reports. Fluor Wins Offshore FEED Contract in Abu Dhabi
Fluor Corporation announced that its Fluor Offshore Solutions unit has been awarded a front-end engineering and design (FEED) contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for offshore facilities located 120 kilometers off the northwest coast of Abu Dhabi City. 
