News / International
KNOC keen on Jubilee slice
The South Korea's national oil company (KNOC) is eyeing Ghana's giant Jubilee oil field, according to the Korean firm and Ghana's state oil agency. Shell: new discovery in the Gulf of Mexico
The Royal Dutch Shell announced a significant new oil discovery in the deepwater eastern Gulf of Mexico, located at the Appomattox prospect in 2,200 meters of water in Mississippi Canyon blocks 391 and 392. Key Energy Services Enters Middle East Market
Key Energy Services Inc. has formed a joint venture with AlMansoori Specialized Engineering of Abu Dhabi, United Arab Emirates. The new joint venture, AlMansoori-Key Energy Services L.L.C., will be headquartered in Abu Dhabi and will provide well intervention services in the Middle East and North Africa. ExxonMobil eyes BG
Mouth-Watering five star rumors of a multi-billion pound energy deal swept dealing rooms! Shares in British gas producer BG Group have risen following market talk about ExxonMobil's interest in the company, traders said. OPEC decides to keep production targets steady
The city of Vienna saw the 156th meeting of representatives of OPEC (Organization of the Petroleum Exporting Countries). They decided not to make any changes in production quotas or oil prices, and praised the current world crude oil price of about $80 as high enough to encourage new exploration and production and low enough to avoid killing the global economy's fragile recovery. Official Opening Of Kupe Gas And Oil Field
The $1.3 billion Kupe Gas Project in Taranaki was officially opened today by Prime Minister John Key. The availability of cheap Maui gas and low oil prices constrained the development of Kupe for a long period. Wintershall to raise spending on exploration
Wintershall, the largest crude oil and natural gas producer in Germany, announced that it's planning to invest more than $4.10 billion over the next three years in oil and gas exploration. EU’s gas crisis plan clears first hurdle
European Union proposals to force countries to build new emergency gas infrastructure were approved by a parliament panel, but a requirement to prepare for 60 days of supply cuts was reduced to 45 days. 
