News / International
Equator Exploration announces farm out deal with BG Exploration, offshore Nigeria
Equator Exploration Limited announces a farm out of part of its Participating Interest in the Production Sharing Contract ('PSC') in Oil Prospecting License ('OPL') 323, offshore Nigeria. Iraq’s deputy oil minister kidnapped
Gunmen dressed as local security forces on Tuesday stormed into a heavily guarded state compound in Baghdad to kidnap the deputy oil minister in the highest profile abduction in Iraq for months. AlMansoori Offers Directional Drilling with Target Energy Acquisition
AlMansoori Specialized Engineering (MSE), Abu Dhabi, United Arab Emirates, has strengthened its services portfolio by acquiring Target Energy Group Limited headquartered in Aberdeen, UK. Yemen Offers 11 Blocks in First Offshore Oil & Gas Bid Round
Yemen launched its first offshore bid round Wednesday, offering 11 blocks spanning the Red Sea and Gulf of Aden areas. The Red Sea blocks on offer are 55, 22 and 23, located to the south of Saudi Arabia. Saudi Aramco and Schlumberger develops BHGM technology
Saudi Aramco, the world's largest oil company, and Schlumberger, the leading oilfield services provider, are jointly developing new borehole gravity metering (BHGM) technology to measure the movement of deep-reservoir fluids at a precision scale never before attained. Iran, Iraq sign oil pipeline deal
Iran and Iraq signed an agreement to build pipelines for the transfer of Iraqi crude oil and oil products, the state-run Iran news network Saturday quoted the oil ministry as announcing. Chavez tips oil price to hit US$100/barrel
World oil prices are headed for US$100 ($133) a barrel, Venezuelan President Hugo Chavez predicted yesterday, and said he would cut supplies to the United States if the US Government "attacks" the South American nation again. PetroChina turns to Chevron’s superior technology for gas production
PetroChina chose US oil and gas company Chevron to help produce natural gas from a field where nearly four years ago a gas blow-out killed hundreds, the Wall Street Journal said. 
