News / International
PTTEP & Partners discover 2 oil fields in Algeria
Mr. Tevin Vongvanich, President and CEO of PTT Exploration and Production Public Company Limited or PTTEP disclosed that PTTEP with its Partners SONATRACH and CNOOC Limited has successfully discovered crude oil in the 4th and the 5th exploration wells in Hassi Bir Rekaiz project, Algeria. BP’s Norway Ula Field Shut After Oil Leak Pending Investigation
BP Plc said its Ula oil field off Norway, shut down following an oil leak, won't start again until after an internal investigation has been completed. Iraq to Pay Foreign Oil Companies in Kurdistan
The Iraqi central government has agreed to pay foreign companies working in Iraq's Kurdistan region 1 trillion Iraqi dinars ($850 million) for costs incurred to produce and export crude oil from the region as part of an agreement clinched with the Kurdistan Regional Government, or KRG, in northern Iraq Thursday, the KRG's ministry of natural resources said in a statement Friday. Oman ‘offering six new oil blocks’
Oman has invited foreign explorers to bid on six oil blocks set to be awarded before the end of the year as the Middle Eastern state eyes a seven-figure daily oil output. Statoil announces new oil discovery on Utsira High
Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin. BP Expects to Start Libya Oil Exploration Drilling Next Year
BP PLC expects to start next year deep-sea drilling work off the coast of Libya, as the U.K. oil giant resumes it $2 billion exploration program halted by the rebel overthrow of Col. Moammar Gadhafi's regime last year. Blast at Venezuela oil refinery kills 39
An explosion rocked the Amuay oil refinery in northwestern Venezuela, killing 39 people, including a 10-year-old boy, a Venezuelan official said Saturday. Kurdistan ‘restarts oil exports’
Oil-rich Kurdistan has restarted crude exports as a ''goodwill gesture'' to the central government in the south, according to a report. 
