News / International

Devon to sell off ACG stake

A senior official at Azeri state energy company Socar announced that Devon Energy is thinking of selling its stake in the Azeri-Chirag-Gunsheli oilfields.

Start-up of RasGas Train 7 boosts Qatar’s LNG production capacity

Ras Laffan Liquefied Natural Gas Company Limited (3) (RL 3), part of RasGas companies, announced the successful completion and start-up of its seventh liquefied natural gas (LNG) train.

Total to invest $20b in Nigeria

French oil major Total SA is investing $20 billion with partners in four energy projects in Nigeria over the next four to five years, a company spokesman announced.

Lundin revives life into Thistle

Sweden's Lundin Petroleum announced that it will restart the operations in the Thistle field for the first time in over 20 years.

Tethys Petroleum gives details on Kazakhstan Oil Test-Test Analysis and Forward Program

Tethys Petroleum Limited today gave further details on the testing of the recent AKD01 (Doris) exploration oil discovery on the Akkulka Block in Kazakhstan and briefed on the Company's future plans to appraise the discovery.

Saudis make new gas hit

Saudi Arabia reported finding new gas in the northern Jalamid area, which it said could be commercially exploited.

Qatar and Mobil initiate AKG-2 Project

Exxon Mobil Corporation and Qatar Petroleum confirmed that the Al Khaleej Gas-Phase 2 (AKG-2) project, with 1,250 million cubic feet per day (mcfd) of sales gas capacity, initiated operations in December 2009.

Khafji output to reach 300,000bpd

Kuwait Gulf Oil Company's managing director, Bader Al Khashti, said that production from Al Khafji oilfield is expected to rise to 300,000 barrels per day (bpd) by the end of the first quarter.

Companies ‘can’t afford’ to drill for North Sea oil and gas

A recent survey of 70 active companies by industry body Oil & Gas UK shows that a large number of companies cannot afford to increase oil and gas exploration in the North Sea, in spite of an increase in known reserves.

PetroChina: high gas flow in the Yingmai block

China National Petroleum Corp. (CNPC), PetroChina’s parent company, announced that it acquired a high gas flow at a well in Tarim oilfield.

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