News / International
BP Lifts Force Majeure on Libyan Exploration
BP has lifted Force Majeure in respect of its Libyan Exploration and Production Sharing Agreement (EPSA) with the National Oil Corporation (NOC) effective 15th May 2012. Seadrill Gets $1.2B, Five-Year Contract for West Polaris
Offshore deepwater drilling specialist Seadrill announced that it is advanced discussions regarding a new five-year contract for the drillship West Polaris (UDW drillship). The potential revenue for this new contract is approximately $1.16 billion. Weather disrupts Iraq, Kuwait oil exports
Bad weather has disrupted oil exports from Iraq's southern offshore terminal and forced neighbouring Kuwait to halt all of its oil exports, a shipping source and government official told Reuters on Sunday. Lukoil Receives Right to Explore Block 10 Project in Iraq
Russia's biggest privately owned oil producer OAO Lukoil Holdings said Friday it has received the right to explore the Block 10 project in Iraq. Shell confirms exit from Libya blocks
Shell has decided to quit its Libyan exploration blocks amid insecurity and harsh contracts, in the first such move since the overthrowing of Muammar Gaddafi's regime. Statoil eyes Kurdistan entry
Statoil is looking at possible opportunities in Kurdistan as the Norwegian state oil company prepares to pull the plug on its participation in the West Qurna 2 project in Iraq, its exploration chief has revealed. Gulf Keystone Spuds Sheikh Adi-2 Well
Gulf Keystone is pleased to announce that the Sheikh Adi-2 exploration well spudded on the Sheikh Adi block in the Kurdistan Region of Iraq. The Sheikh Adi block is located immediately to the west of the Company's Shaikan block, which is a major discovery. Jordan Seeks Contractors for Work on Oil Terminal in Aqaba Port
Jordan invited contractors to apply to prequalify as bidders for engineering, procurement and construction work on an oil terminal in the port of Aqaba, the Ministry of Energy and Mineral Resources said. 
