News / International
Shell sells three onshore Nigeria oil blocks
Royal Dutch Shell's Nigeria operation is working on selling three oil blocks in its latest move to divest some onshore assets, a spokesman said on Friday. Transocean may raise $1 bln from rig sale
Transocean , owner of the world's largest offshore drilling fleet, has put its Middle East rig assets up for sale, in a deal likely to raise $1 billion for the Switzerland-based company, three sources said. Norway’s DNO Strikes Oil at Peshkabir-1 Well
Norway's DNO International revealed Monday that it has struck oil at its Peshkabir-1 well, which previously yielded only water. Anadarko Announces New Natural Gas Discovery Offshore Mozambique
Anadarko Petroleum Corporation announced the Atum exploration well discovered another significant natural gas accumulation within the Offshore Area 1 of the Rovuma Basin. Petrobras finds oil in the third well drilled in the Santos Basin
Petrobras has announced the discovery of good quality oil in the third well drilled in the Santos Basin pre-salt cluster's Sul de Guara region. According to the Rights Transfer contract, Petrobras is entitled to produce up to 319 million barrels of oil equivalent in this area. Libya’s National Oil Corporation Discovers New Oil Field
Libya's National Oil Corporation (NOC) has announced that the Arabian Gulf Oil Company (AGOCO), wholly owned by the NOC, has drilled the D1-NC8 new field wildcat well to a total depth of 7,020 feet. OPEC Draws Fine Line Between Oil Balance, Chaos
Members of the Organization of Petroleum Exporting Countries will hold their first meeting of the year next week and, following steep declines in oil prices and ahead of European Union sanctions on Iran, they should have plenty to talk about. CGGVeritas Announces R&D Collaboration with Saudi Aramco
CGGVeritas announced that it has signed a Memorandum of Understanding (MOU) with Saudi Aramco for collaborative research and development of geophysical acquisition, processing, analysis and interpretation technologies. 
