News / International

Dubai to build LNG regasification terminal AND appoints Shell as advisor and main LNG supplier

Dubai Supply Authority (DUSUP) today announced it is to develop a floating Liquefied Natural Gas regasification facility at the DP World Jebel Ali Terminal in Dubai. The new facility will supplement the Emirate’s existing supplies of natural gas during summer peak demand, delivering environmental and security of energy supply benefits.

Shell and Total face deadline pressure in Iran

Tehran: A senior Iranian oil official was on Monday quoted as saying a deadline for France's Total and Royal Dutch Shell to agree on developing two major energy assets in the Gulf would expire on April 18.

AlMansoori, Corex To Establish Facility In Abu Dhabi

Innovative leading oilfield service provider, AlMansoori Production Services (MPS), has signed a joint venture agreement with one of the world's leading core analysis companies, Corex, to establish a new facility in Abu Dhabi.

Island Oil & Gas Awarded New Licence in Morocco

Island Oil & Gas plc announces that the Ministre de l’Energie, des Mines, de l’Eau et de l’Environment of Morocco has formally approved the ‘Tarfaya Onshore’ Petroleum Agreement (the ‘Permit’) awarded to Island’s wholly owned subsidiary Island International Exploration Morocco (“IIEM”) by the Office National des Hydrocarbures et des Mines (“ONHYM”) in November 2007.

Australia ‘will fail to triple LNG production by 2020’

Perth: Australia will fail to meet its target of tripling liquefied natural gas (LNG) output by 2020 due to severe labour shortage and capacity constraints, the chief of major producer Woodside Petro-leum said on Wednesday.

Eurogas Announces Farmout of Sfax Exploration Permit, Offshore Tunisia

Eurogas Corporation announces that Eurogas and Atlas Petroleum Exploration Worldwide, Ltd. ("APEX") have entered into a Farmout Agreement with Delta Hydrocarbons B.V. ("Delta Hydrocarbons") with respect to the Sfax Offshore Exploration Permit located offshore Tunisia in the Gulf of Gabes.

Apache announces three successful horizontal wells in Northeast British Columbia

Apache Corporation announced today that horizontal wells drilled in the Ootla shale play in Northeast British Columbia test-flowed at rates of 8.8 million cubic feet (MMcf), 6.1 MMcf and 5.3 MMcf of gas per day.

Shell plans floating LNG unit off Australian coast

Perth: Anglo-Dutch oil major Royal Dutch Shell is considering using floating liquefied natural gas (LNG) production technology for a gas field off Western Australia, a company executive said.

Oil surges $3 to above $109 level

London: Oil surged more than $3 a barrel yesterday, above the $109 level, lifted by a strong rally in gas oil and as optimism that banks will manage to shore up the financial system fuelled buying across commodities and equities.

Two Transocean Rigs Contracted For $928 Million In Five-Year Deal

Transocean Inc. announced that the ultra-deepwater drillship Dhirubhai Deepwater KG2 (formerly Deepwater Pacific 2), which is owned by a joint venture in which the company has 50 percent interest, has been awarded a five-year drilling contract from Reliance Industries. The contract is expected to commence in the first quarter 2010 following shipyard construction, sea trials, mobilization to India and customer acceptance.

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