News / International

Exxon, BP, Conoco Agree to Start Alaska’s Pt. Thomson Production by 2016

Exxon Mobil Corp., ConocoPhillips and BP PLC have agreed to start producing natural gas at their Pt. Thomson development in Alaska by May 2016 at the latest, according to a settlement agreement between the companies and the state of Alaska.

Kuwait’s crude oil exports to Japan jump 36.3 percent

Kuwait's crude oil exports to Japan jumped 36.3 percent in February to 8.24 million barrels, or 284,000 barrels per day (bpd), for the first rise in two months, the government said Friday.

Aker Solutions signs Bahrain deal

Aker Solutions has been awarded a contract by Enerserv W.L.L to deliver 600 sets of surface wellheads and trees to the Awali Oilfield in Bahrain. This is the first surface wellhead contract won by Aker Solutions in Bahrain, which marks a successful inroad into this important Middle East market.

Iraq approves oil payments to KRG producers

Iraq's central government has approved payment of close to $560 million to oil producers in the autonomous Kurdish region, its finance minister said, after Kurdish authorities threatened to halt exports due to a lack of payments from Baghdad.

Tullow announces Ngamia-1 oil discovery in Kenya Rift Basin

Tullow Oil plc (Tullow) announces that the Ngamia-1 exploration well in Kenya has encountered in excess of 20 metres of net oil pay.

Kuwait”s crude oil exports to China jump 49.8 percent

Kuwait's crude oil exports to China jumped 49.8 percent in February from a year earlier to 962,000 tons, equivalent to around 243,000 barrels per day (bpd), for the third straight month of expansion, latest official data showed.

Eni: new important success in Mozambique, Area 4 potential enhanced further with Mamba North East 1 results

Eni announces a new giant natural gas discovery in Area 4, offshore Mozambique, at the Mamba North East 1 exploration prospect.

Brazil prosecutor says Chevron can’t stop oil leak

A Brazilian prosecutor plans to allege this week that U.S. oil company Chevron has no way to stop a leak in an offshore oil field caused by a November drilling accident.

Iraq approves Hormuz oil exports contingency plan

Iraq has approved a plan to expand its oil export routes by adding capacity from its northern fields and building a pipeline to ship oil from southern fields to Ceyhan in Turkey, a government spokesman said.

BP acquires additional interest in Block 2714A offshore Namibia in deal with Petrobras

Chariot Oil & Gas notes that its partners in Southern Block 2714A, Petrobras and BP Exploration (Namibia), have completed a transaction whereby BP has acquired a further 20% equity interest in Block 2714A from Petrobras.

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