News / International
Algeria invites bids for oil exploration
Opec member Algeria, unveiling details of its seventh exploration and production licensing round, invited prequalified companies on Sunday to bid for acreage with what it called high potential for petroleum resources. Interpipe launch new anti-corrosive coating line for oil and gas pipes
Leading steel pipe and railway wheels producer Interpipe has announced the opening of a new production line at Interpipe NMPP mill. The new line gives Interpipe the capacity to produce pipes with an external anti-corrosive 3-layer coating for both seamless and welded pipes up to 530 mm for oil and gas transportation. Total investment in the project has reached USD $8.5 million. Successful Appraisal Well Results For Kosmos Energy, Offshore Ghana
Kosmos Energy has conducted a second drillstem test of the Mahogany-2 appraisal well in the Jubilee Field offshore the Republic of Ghana. The well tested at a flow rate of 4,448 barrels of oil per day (BOPD) of 39-degree API gravity crude and approximately 5.1 million cubic feet per day of associated natural gas on a 36/64-inch choke with a flowing tubing pressure of 1,936 pounds per square inch during a second drillstem test. Baghdad sets up new oil player
The Iraqi government said it is setting up a new oil company in the south-eastern province of Maysan with the goal of more than tripling oil production in the region in the next five years. Petroceltic Announces US$55 Million Cash Investment And Strategic Alliance With Iberdrola
Petroceltic International plc announces that it has entered into a strategic alliance and financing arrangements with Iberdrola, to develop the Company’s oil and gas assets in North Africa and Italy Mart Resources Announces First Export & Sale Of Crude Oil From Umusadege Field, Nigeria
Mart Resources, Inc. and its partners Midwestern Oil and Gas Company PLC (Operator) and Suntrust Oil Company Nigeria Limited announce their first crude oil export from the Umusadege field, located onshore Nigeria. Kuwait’s crude oil exports to Japan up 24 percent
Japan's crude oil imports from Kuwait jumped 24.0 percent in May from a year earlier to 10.42 million barrels for the fourth straight month of expansion, according to the report released Monday by the government agency. OMV participates in additional exploration license in Norway
OMV Aktiengesellschaft, the leading oil and gas group in Central Europe, strengthens its E&P position in the core region Northwestern Europe by acquiring a 30% interest in the exploration license PL 301CS in Norway from the Canadian company Talisman and the Danish company DONG. 
