News / International

Hess Announces Nimblefoot-1 Natural Gas Discovery in Australia

Hess Corporation announced today that the Nimblefoot-1 exploration well on Australia's Northwest Shelf discovered natural gas. The well encountered 93 feet (28 meters) of net gas pay.

First Oil From Bualuang Field in the Gulf of Thailand

SOCO International plc notes the recent announcement from Salamander Energy plc that first production of crude oil from the Bualuang Oil Field in block B8/38, in the Gulf of Thailand, occurred on 27th August 2008. SOCO’s 99.93% owned Thailand subsidiary, SOCO Exploration (Thailand) Co. Ltd., holds a 40% interest in the field, following a farm-out.

Seven dead in Dubai helicopter crash

Services operator Petrofac said a helicopter carrying out a routine infield flight off Dubai crashed into the deck of the Resilient jackup drilling rig during take-off before breaking and falling into the sea yesterday evening, killing all seven passengers on the flight.

Venezuela, South Africa Explore Orinoco Oil Deals

Venezuela's President Hugo Chavez met with his South African counterpart Thabo Mbeki Tuesday in a meeting where both leaders vowed to explore joint oil projects in the Orinoco basin.

Total to Hold Talks with Syria to Extend Oil Block Agreement

Total SA's Chief Cxecutive will be part of a French presidential trip to Syria this week and the company is holding talks with the Syrian government to extend an oil block agreement, a spokeswoman said.

AMEC wins five-year offshore programme management consultancy contract, Abu Dhabi

AMEC plc, the international engineering and project management company, has been awarded a five-year programme management consultancy (PMC) contract by Zakum Development Company (ZADCO) in Abu Dhabi, United Arab Emirates.

Iraq cabinet gives nod to $3bn China deal

Iraq's cabinet has approved a $3 billion oil service contract with China, the government of Prime Minister Nuri al-Maliki said today, in a move that could signal the shape of anticipated future oil deals.

Tullow Oil Reports Positive Kingfisher-2 Well Test Results in Uganda

Heritage Oil, the operator of the Kingfisher-2 exploratory appraisal well in Block 3A, Uganda, in which Tullow Oil plc (Tullow) is a 50%partner, today issued the following press release.

Fire at Kuwait’s largest oil refinery

A fire broke out on Wednesday at Kuwait's largest oil refinery, an oil official said. .

UAE Shares Drop for Third Day as Oil Trades Slips to a Five-Month Low

UAE shares dropped for a third day as oil traded near its lowest in five months, with the Dubai benchmark stock index sliding 0.6 per cent to close at 4,715.73 and the Abu Dhabi bourse slipping 0.2 per cent to 4,350.68 points.

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