News / International

Tethys Oil: Oman 3D Seismic Survey Operations Expand

The 3D seismic survey over the East Saiwan structure on Block 4 has been completed. The information is now being processed and new maps will be available shortly.

Africa Oil Corp.: Lion Energy Farmout Receives Exchange Approval

Africa Oil Corp. reports that the TSX Venture Exchange has accepted for filing documentation pertaining to the August 19, 2009 farmout agreement between Lion Energy Corp. ("Lion Energy") and Africa Oil.

Longford to serve as operator of Kurdistan block

Longford Energy announced that it has been recently appointed as the Operator of the Chia Surkh Block and plans to commence seismic acquisition during the second quarter of 2010.

BP to start production of heavy Alaska oil

BP announced that it's close to finish the founding of a $100 million facility that will be the site of the company’s first commercially produced heavy oil from Alaska's North Slope.

Gulf Keystone raises initial $24 million for drilling

Gulf Keystone Petroleum said that it raised 16 million pounds ($24 million) to start the initial stages of its 2010 drilling program in Iraq, with expectations for the number to rise during the year.

Gabon offering 42 offshore oil blocks for exploration

The government of Gabon said that it's offering 42 additional offshore deepwater and ultra deepwater oil blocks for exploration.

Oman boosts oil flows

Statistics showed that Oman oil production increased to an average of 849,400 barrels per day. It was also reported that Oman sold its oil at an average price of $77.64 per barrel in January, up from $73.40 per barrel a month earlier.

UniQ Land Seismic System Reaches 80,000 Channel Milestone

WesternGeco announced that the UniQ integrated point-receiver land seismic system has set a new industry record in Kuwait for Kuwait Oil Company (KOC) in acquiring data from 80,000 live digital point-receiver channels at a two-millisecond sample interval.

Iran wants OPEC ceiling unchanged

Masoud Mirkazemi, Iranian Oil Minister said that his country wants OPEC oil output ceiling to remain unchanged when the group meets during this month.

Performance improvement project helps realise 16% increase in rig’s productive time

Aberdeen-based performance improvement business Exceed has worked closely with the team on a Transocean-owned rig to achieve significant operational benefits.

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