News / International
Iraq Displaces Iran as India Supplier
India’s Mangalore Refinery and Petrochemicals Ltd (MRPL) has replaced Iran with Iraq in its list of oil suppliers and has purchased its first cargo of Basra Light from Baghdad.
UAE Number Two Oil Supplier to Japan
The UAE’ exports of crude oil to Japan amounted to 25,089 million barrels during December last year, representing 22.8% of total Japanese imports, which was 110,135 million barrels.
French Total Forging ahead in Abu Dhabi
A top executive of the French oil company Total said they are pleased with the new concession agreement signed with Abu Dhabi National Oil Company (Adnoc) and the Supreme Petroleum Council to develop Abu Dhabi’s oil fields for forty years.
Cape Three Points Offshore Ghana Development Underway
MILAN, Italy -- Eni, Vitol, and Ghana National Petroleum Corp. (GNPC), along with the President of the Republic of Ghana John Dramani Mahama and the Minister of Petroleum Emmanuel Armah-Kofi Buah, have signed an agreement to proceed with the Offshore Cape Three Points project in Ghana.
Tight Budgets to Impact Deepwater Africa Ambitions
EDINBURGH, UK – Wood Mackenzie predicts a 30% reduction in spending on exploration and appraisal offshore Africa this year.
EnQuest Halts Investment in Tunisia
EnQuest Plc has exited from its small investment in Tunisia. In May 2013, EnQuest agreed to acquire interests in the Didon producing oil field and the Zarat permit, from PA Resources AB and certain of its subsidiaries (PAR), and PAR was to retain a partial interest in the assets following EnQuest’s acquisition.
Greek PM Tsipras: Turkey Must Respect Cyprus’ Offshore Rights
Greece's prime minister says Turkey must respect Cyprus' right to search for gas off its shores instead of issuing threats, so that suspended talks to reunify the ethnically divided island can resume.
Southwestern Energy Acquires Interest in Statoil Unconventional Oil Asset
Statoil and Southwestern Energy Company have completed their previously announced transaction, whereby Statoil has reduced its average working interest in the non-operated US southern Marcellus onshore asset from 29% to 23%.
