News / International
Namibia: Chariot Oil & Gas commences drilling on the Tapir South Prospect
Chariot Oil & Gas has announced that its wholly owned subsidiary, Enigma Oil & Gas Exploration, has commenced drilling the first well, 1811/5-1, of its 4 to 5 well drilling programme offshore Namibia. South Sudan says Sudan tried to build “illegal” oil pipeline
South Sudan accused Sudan of trying to build an "illegal" 25-km oil pipeline crossing the border towards the South's oil fields, a day after talks to resolve a damaging oil dispute between the two sides were postponed. Iran oil development fund could reach $55bln-president
Iran's President Mahmoud Ahmadinejad said on Saturday the country's sovereign wealth fund could reach $55 billion by March next year if oil prices kept high, in an apparent bid to defend his economic record in the face of increasing isolation. US SEC Probes Eni, Total On Libya Operations
The U.S. Securities and Exchange Commission has sent formal requests to Italy's Eni SpA and France's Total SA related to the companies' Libyan businesses, the companies disclosed in regulatory filings. Technip awarded subsea contract for the Lucius field in the Gulf of Mexico
Technip was awarded a lump sum contract by Anadarko Petroleum Corporation for the development of the Lucius field, located in the Keathley Canyon area of the Gulf of Mexico at a water depth of approximately 7,000 feet (2,130 meters). Argentina’s Neuquen Province Pulls Petrobras, Others’ O&G Concessions
Argentina's Neuquen Province has revoked oil and gas concessions held by three companies, including Petrobras Argentina SA, in a broader dispute over investment in exploration and production. Spectrum commences new Luderitz Survey, Offshore Namibia
Spectrum, in partnership with the National Petroleum Corporation of Namibia (NAMCOR), has commenced a new project in the Luderitz basin following the successful completion of an extended 2D Multi-Client seismic survey covering the deep water Orange Basin, offshore Namibia. Blast on Iraq Kirkuk-Ceyhan pipeline shuts oil flows
An explosion on one of the two pipelines bringing crude from Kirkuk in Iraq to the Turkish port of Ceyhan on the Mediterranean led to a large fire on Thursday, shutting oil flows on that pipe, a Turkish energy official said. 
