News / International

Bahrain, Qatar to jointly tap oil & gas sectors

The Minister Oil and Gas and Chairman of the National Oil and Gas Authority Abdul Hussein Mirza yesterday said that Qatar and Bahrain would continue to explore possibilities of joint ventures in oil and gas sectors as part of their joint initiative to tap the huge opportunities in these areas.

Taqa to buy PrimeWest

Abu Dhabi National Energy Company (Taqa) will buy Canada's PrimeWest Energy Trust for C$5 billion (US$4.9 billion) in cash.

Kuwait favours BP ahead of Shell as partner in China refinery plan

Kuwait wants to drop Royal Dutch Shell as a partner and is instead considering BP in a project to build a $5 billion oil refinery in Guangdong in China, Kuwait's state news agency Kuna reported yesterday.

Indonesia’s talks with ExxonMobil hit a hurdle

Indonesia and ExxonMobil have halted negotiations on the disputed Natuna D-Alpha gas block, now controlled by the US company, an official at energy watchdog BPMIGAS said yesterday.

Three die on North Sea vessel

Three men have died on the Viking Islay standby vessel after an accident on the BP Amethyst gas field off the UK.

Iran, China, Malaysia to finalize Ressalat oilfield talks soon

Iran, China, and Malaysia will reach an agreement on the development of the Ressalat oilfield in the near future, said the managing director of the Iranian Offshore Oil Company (IOOC) here on Saturday.

Total announces first production from Snohvit Gas field in Norway

Total announces that the Snohvit gas field, in the Barents Sea, has started production. Total holds an 18.4% interest in this project, which is operated by Statoil (33.53%). The partners are Petoro (30%), Gaz de France (12%), Hess (3.26%) and RWE-DEA (2.81%).

BJ PPS Announces Appointments in Middle East & Asia Pacific Region

BJ Process and Pipeline Services has appointed Andrew Manning as area manager – Middle East. With over 15 years experience in the oil and gas industry, Andrew is responsible for overseeing all the division’s process and pipeline operations carried out by the 250 employees in the Middle East.

Halliburton to expand Dubai hub

Halliburton said it would commit additional resources to its Dubai headquarters to target the more than $8 billion in oil services contracts expected in the eastern hemisphere over the next few years.

Crescent should pay higher price for gas, says Iran

Iran will find other customers for gas assigned to a deal being negotiated with Crescent Petroleum or use the fuel itself if the UAE firm does not agree to pay a higher price, said Iran's oil minister.

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