| Amada Engineering – Efficiency through consolidation |
United Arab Emirates >> 7/6/2008 - With the adoption of on-line media such as CDROM and CD-R, and DVD RAM corporate IS departments are now providing on-line and near line access to hundreds of files across the network within seconds. A...
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| JGC Wins Major EPC Contract for Manifa Central Processing Facilities, Package 2 in Saudi Arabia |
Saudi Arabia >> 7/3/2008 - JGC Corporation and its subsidiary JGC Arabia Ltd. have been awarded by Saudi Arabian Oil Company (Saudi Aramco) the engineering, procurement, construction (EPC) services contract for a large-size Uti...
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| Incremental encounters three potential gas zones in Arpaci 2A |
Turkey >> 7/3/2008 - Incremental Petroleum and Otto Energy announced that Arpaci 2A, the last well in the 2008 drilling campaign in the Edirne licence, has encountered three potential gas bearing intervals between 160 m a...
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| Saudi Aramco and Sinopec Signed MOU |
Saudi Arabia >> 7/2/2008 - Saudi Aramco and China Petrochemical Corporation (Sinopec Group) met in Dhahran to sign a Memorandum of Understanding (MOU) in a mutual effort to deepen the existing cooperation between the two compan...
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| Gulfsands Announces Khurbet East Early Production Facility Construction Completed |
Syria >> 7/2/2008 - Gulfsands Petroleum announced that construction and installation of the 10,000 bpd Early Production Facility for the Khurbet East Field has now been completed. Handover of this facility has been achie...
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| Emerald Provides Khurbet East Field Update, Block 26, Syria |
Syria >> 7/1/2008 - Emerald Energy provided the following update on activities in the Khurbet East field in Block 26, Syria. The procurement, construction and installation of the early production facility in the Khurbet ...
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| Gulf Keystone provides update on activities in its Kurdistan blocks |
Iraq >> 6/25/2008 - Shaikan Block: The Shaikan Block is operated by Gulf Keystone Petroleum International Ltd.("GKPL") with a working interest of 75% in partnership with both Kalegran Ltd ("Kalegran"), a subsidiar...
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| Korean National Oil Company Assigned 20% Interest in Sangaw North Block |
Iraq >> 6/25/2008 - Sterling noted today’s announcement by the Kurdistan Regional Government of Iraq (“KRG”) that the Korean National Oil Company (“KNOC”) has been nominated by the KRG to receive the Third Party Interest...
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| Saipem awarded a new onshore lump-sum contract in Kuwait |
Kuwait >> 6/25/2008 - Saipem awarded by Kuwait Oil Company (KOC) the Lump Sum Turnkey EPC contract to build the Gas Booster Station 160 located in Southeast Kuwait. The work covers the engineering, procurement, constructio...
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| RasGas sings a new service agreement with GE Energy |
Qatar >> 6/25/2008 - GE Energy signed a multi-million, multi-year service agreement with RasGas Company Limited, covering two LNG trains and Al-Khaleej Gas (AKG) Plant-2 at RasGas' LNG and gas production complex in Ras La...
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| Drilling Success Continues to Extend Reserves and Production Growth at Tanganyika's Tishrine Block |
Syria >> 6/25/2008 - Tanganyika Oil Company provided an update on the Tishrine drilling and appraisal program. The Company's second quarter drilling program has continued to prove reserves and discovered resource boundari...
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| Talisman Energy Signs Agreement With KRG |
Iraq >> 6/23/2008 - Two wholly-owned subsidiaries of Talisman Energy entered into agreements with the Kurdistan Regional Government (KRG) within Iraq for interests in Blocks K44 and K39 respectively, effective upon comp...
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| Saudi Aramco and Total create the Jubail Refining and Petrochemical Company |
Saudi Arabia >> 6/22/2008 - The Saudi Arabian Oil Company (Saudi Aramco) and Total signed the Shareholders Agreement and other core agreements for the establishment of their joint venture, the Jubail Refining and Petrochemical ...
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| TomCo Energy re-commencement of oil production at Heletz, Israel |
Israel >> 6/19/2008 - TomCo announced the re-commencement of oil production at the Heletz Field in southern Israel, where TomCo acquired a 50% and a 25% interest in two licenses in April 2008. The Heletz Field, with an est...
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| Circle Oil Granted Extension for Block 49 in Oman |
Oman >> 6/17/2008 - Circle Oil announced the granting of permission for the first extension period for its Block 49 permit in the Sultanate of Oman commencing July 1st 2008. Circle has completed extensive reprocessing an...
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| Emerald Energy Provides Khurbet East Field Update, Block 26, Syria |
Syria >> 6/17/2008 - Emerald Energy provided the following update on activities in the Khurbet East field in Block 26, Syria. Khurbet East No.6, the second horizontal development well in the Khurbet East field, has been d...
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| Calvalley Petroleum to commence production from the Roidhat field |
Yemen >> 6/17/2008 - Calvalley Petroleum announced that it has successfully finalized an agreement with the Ministry of Oil and Mineral Resources of the Republic of Yemen and the third party operator of Block 18 and the e...
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| Dana Gas investing over US$ 500 million in 2008 |
United Arab Emirates >> 5/18/2008 - Dana Gas PJSC announced investments of over US$ 500 million this year in the Company’s projects in Northern Iraq, Egypt and the UAE. Dana Gas posted revenues of over AED 1 billion in 2007 which was it...
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| Addax Petroleum Announces Cameroon Exploration Results |
Cameroon >> 7/4/2008 - Addax Petroleum Corporation announced the initial results of its Cameroon exploration campaign where the Corporation has recently completed drilling its first exploration wells in the Ngosso and Iroko...
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| Melrose Resources Provides Exploration and Appraisal Drilling Update in Egypt |
Egypt >> 7/3/2008 - Ar Rub No.1: The Ar Rub No.1 exploration well has been drilled to test a deep Sidi Salim exploration play in the northern area of the South East El Mansoura concession. The well reached a total...
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| CEPSA Announces Renewal of Contract to Continue Operating the RKF Field in Algeria |
Algeria >> 7/2/2008 - CEPSA signed an agreement with the Algerian national oil company Sonatrach to extend the association contract for the RKF field operation for an additional five-year period. The renewal of this agreem...
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| Bramlin Announces Gas Sales Agreements and Operational Update in Cameroon |
Cameroon >> 7/2/2008 - Bramlin announced that its wholly owned subsidiary, Rodeo Development Ltd., the operator of the Logbaba natural gas field near Douala, Cameroon, has executed three agreements to sell natural gas to in...
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| Heritage Oil Provides Kingfisher 2, Uganda Drilling Update |
Uganda >> 6/30/2008 - Heritage Oil Limited announced that the Kingfisher-2 exploration and appraisal well in Block 3A, Uganda, has currently reached a drilled depth of 2,922 metres. Excellent oil shows have already been en...
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| Dana Gas Announces New Oil Discovery in Egypt |
Egypt >> 6/29/2008 - Dana Gas announced a discovery from a new oil zone in its Egyptian concessions, marking the first discovery in the company’s US$ 170 million drilling campaign for 2008. Drilling of the “Al Baraka-2” w...
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| Gulf Keystone Provides RM-1 Well Drilling Update, Algeria |
Algeria >> 6/26/2008 - Gulf Keystone Petroleum announced that drilling of the RM-1 exploration well on the Hassi Ba Hamou Permit (HBH Permit) in Algeria has been completed and tested. The RM-1 well, which was started on 7 M...
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| Mart Resources Announces First Export & Sale of Crude Oil and Operational Update for Umusadege Field |
Nigeria >> 6/26/2008 - Mart Resources and its partners Midwestern Oil and Gas Company PLC (Operator) and Suntrust Oil Company Nigeria Limited announced their first crude oil export from the Umusadege field, located onshore ...
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| Saipem awarded a new contract in Angola |
Angola >> 6/25/2008 - The contract has been awarded by Bechtel Overseas Corporation to the PLNG consortium led by Petromar, a Saipem subsidiary, for the construction of the containment systems as part of the overall projec...
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| OCI Receives New Construction Awards for the Skikda LNG Project in Algeria |
Algeria >> 6/24/2008 - Orascom Construction Industries awarded two construction contracts by Kellogg, Brown & Root International Inc. (“KBR”) for the civil works and piling installation of the new LNG train in Skikda, Alger...
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| Kosmos Energy Sign Agreements for Additional Deepwater Rig in West Africa |
Ghana >> 6/24/2008 - Kosmos Energy announced that the company signed agreements with Atwood Oceanics Pacific Limited, a wholly owned subsidiary of Atwood Oceanics and Noble Energy, under which Kosmos will utilize Atwood’s...
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| Universal to Acquire a 30% Carried Interest in Off-Shore Namibian Oil and Gas Exploration Licence |
Namibia >> 6/24/2008 - Universal Power entered into a Letter of Intent (“LOI”) to acquire a 30% carried interest in Petroleum Exploration Licence 2815 offshore Namibia. The Company will pay US $1,500,000 for the interest up...
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| Tullow Announces Successful Ngege-1 exploration well in Block 2 Uganda |
Uganda >> 6/24/2008 - Tullow Oil plc announced further success in Uganda’s Lake Albert Rift Basin with the Ngege-1 exploration well encountering both oil and gas. The well is the second in a continuous exploration campaign...
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| Occidental Petroleum Signs Agreements in Libya |
Libya >> 6/23/2008 - Occidental Petroleum Corporation announced the signing of the full 30-year agreements with the Libyan National Oil Company (NOC) to upgrade its existing petroleum contracts. Occidental Petroleum Chair...
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| Signing of Exploration, Production and Sharing Agreements between NOC and Oxy Libya Oil & Gas & OMV |
Libya >> 6/23/2008 - NOC signed five EPSA'S with Oxy Libya Oil & Gas and OMV. These EPSAs cover all blocks being operated by these companies and will take effect as of 1st December 2007. These Agreements which are based o...
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| Elixir Petroleum Completes 3D Seismic Acquisition Programme Offshore Sierra Leone |
Sierra Leone >> 6/23/2008 - Elixir Petroleum Limited announced the completion of a 1,222 km2 3D seismic acquisition programme over Block SL-4, located offshore Sierra Leone. The survey was completed on time and on budget. The se...
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| AMEC Paragon contributes to successful installation of Chevron's Takula Gas Processing Platform |
Angola >> 6/19/2008 - AMEC announced that subsidiary AMEC Paragon made significant contributions to the successful installation of the Takula Gas Processing Platform (TGPP), which recently has been completed in Block 0 off...
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| Kosmos Energy Announces $500 Million Equity Funding |
Ghana >> 6/19/2008 - Kosmos Energy announced that the company has secured an additional $500 million equity funding program led by Warburg Pincus and Blackstone Capital Partners (an affiliate of The Blackstone Group), two...
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| Petro-Canada and Libyan National Oil Corporation Sign New EPSA Contracts |
Libya >> 6/19/2008 - Petro-Canada signed six new exploration and production sharing agreements (EPSAs) with the Libyan National Oil Corporation (NOC). The commercial terms of the new agreements, including the signing bonu...
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| RWE Dea enters into Mauritania |
Mauritania >> 6/19/2008 - RWE Dea acquired a 30 % interest from Repsol YPF (operator) in the onshore blocks Ta09 and Ta10 in Mauritania. The transaction was approved by the Ministry of Petroleum and Mining in Nouakchott on Jun...
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| Circle Oil signs farm-in agreement to Mahdia Permit offshore Tunisia |
Tunisia >> 6/19/2008 - Circle Oil announced the signing of a farm-in agreement to the Mahdia Permit offshore Tunisia with Tethys Oil and Mining Ltd. The Mahdia permit covers an area of 3780 square kilometres and is bounded ...
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| Vaalco Energy Restores Production at Gabon Facility and Announces Arrival of Ebouri Field Platform |
Gabon >> 6/18/2008 - Vaalco Energy announced that production at its Etame and Avouma / Tchibala fields in offshore Gabon, West Africa, has successfully been restored following the transfer of equipment to upgrade the Floa...
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| Bumi Armada wins FPSO contract for Nigeria from Nigerian Agip Exploration |
Nigeria >> 6/17/2008 - Bumi Armada Berhad awarded a contract to provide a floating production, storage and offloading (FPSO) vessel to Nigerian Agip Exploration Ltd (NAE), a subsidiary of Eni SpA. Bumi Armada beat 2 other m...
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| RWE announces first gas discovery in North El Amriya concession |
Egypt >> 6/9/2008 - RWE Dea made a new gas discovery in the Egyptian Nile Delta. In the onshore part of the concession North El Amriya the Amriya-1x well encountered two reservoir intervals of a total of 19 m thickness w...
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| Regal announces first production of ERB-A-1X in Egypt |
Egypt >> 6/9/2008 - Regal announced first oil from the ERB-A-1X well. Regal holds a 25% working interest in the East Ras Budran Concession in Egypt which is operated by Apache East Ras Budran Corp. LDC (“Apache”). The Co...
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| Dana Makes Significant Gas Discovery in Egypt |
Egypt >> 6/2/2008 - Dana Petroleum announced that it has made a significant gas discovery with its first exploration well in Egypt. The WEB-1X well is the first drilled by the Dana Petroleum and Gaz de France partnership...
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| Dana Strikes Sixth Deal in Egypt |
Egypt >> 5/20/2008 - Dana Petroleum signed an agreement with Santos Egypt Pty Ltd to acquire a 40% interest in the South East July Production Sharing Contract (“SE July PSC”), located in the Gulf of Suez, offshore Egypt. ...
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| CNOOC Ltd’s Wenchang Fields Start Trial Production Successfully |
China >> 7/2/2008 - CNOOC Limited announced that leading by Wen 19-1, WenChang (Wen) oil fields have successfully run into trial production stage. Currently, through 7 wells the fields can produce approximately 14,000 ba...
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| Tethys Petroleum Announces Commencement of AKK15 Shallow Gas Exploration Well |
Kazakhstan >> 6/30/2008 - Tethys Petroleum Limited announced the commencement of shallow gas exploration well AKK15 in its Akkulka Exploration Block in Kazakhstan. The primary target of this well is gas in the Tasaran Sandston...
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| CNOOC Announces the Startup of Xijiang 23-1 |
China >> 6/24/2008 - CNOOC Limited announced that its new oil field Xijiang (XJ) 23-1 in the South China Sea has successfully started production. XJ23-1 is located in Block XJ04 in the Pearl River Mouth Basin, about 19 ki...
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| Saipem signs the contract for the Nord Stream pipeline worth more than 1 billion Euro |
Russia >> 6/24/2008 - Saipem and Nord Stream AG have signed the contract for laying the Nord Stream gas pipeline, worth more than 1 billion Euro. Nord Stream is a twin natural gas pipeline that will link Vyborg, Russia and...
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| QPI, PetroChina & Shell sign LOI for refinery and petrochemical manufacturing in China |
China >> 6/23/2008 - In the presence of His Highness Sheikh Tamim Bin Hamad Al-Thani, the Heir Apparent of the State of Qatar, Qatar signed with PetroChina Company Limited, and Shell (China) Limited (Shell), a Letter of I...
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| Eni makes new gas discovery in Pakistan |
Pakistan >> 6/23/2008 - Eni made a new on-shore gas discovery in Pakistan with the Saqib 1A well, located in the Mubarak exploration block, in the South Eastern province of Sindh. Eni holds a 38% stake in the Mubarak block. ...
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| SABIC and SINOPEC sign strategic cooperation agreement |
China >> 6/21/2008 - Saudi Basic Industries Corporation (SABIC) and China Petrochemical Corporation (SINOPEC) signed today (Saturday, June 21, 2008) a strategic cooperation agreement to expand the scope of partnership at...
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| BG Group and CAPCO Sign Agreement for Long-Term LNG Supply to Hong Kong |
China >> 6/20/2008 - BG Group announced that its wholly owned subsidiary BG LNG Trading (BGLT) has signed a Liquefied Natural Gas (LNG) Heads of Agreement with Castle Peak Power Company (CAPCO), Hong Kong. Under the propo...
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| Lukoil completed construction of the first stage of the Yuzhno Khylchuyu field |
Russia >> 6/20/2008 - Today, OAO Lukoil First Executive Vice President Ravil Maganov, President of ConocoPhillips Russian/Caspian Region Don Wallette and Head of the Nenets Autonomous District Administration Valery Potapen...
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| Rolls-Royce expands into Shtokman field |
Russia >> 6/20/2008 - Rolls-Royce won a breakthrough contract in the expanding Arctic exploration and production offshore market. It is to supply mooring equipment for two ice-class drilling rigs to be operated in the Shto...
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| Pertamina and Talisman Energy Set Mutually Beneficial Cooperation |
Indonesia >> 6/19/2008 - Pertamina and Talisman Energy signed an MOU on Enhanced Oil Recovery. The MoU was signed by Pertamina's Corporate Sr. Vice President Upstream, Karen Agustiawan and Talisman's Acting Country Manager, D...
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| GE Providing Controls Technology for 50 New Biomass Power Plants in China |
China >> 6/18/2008 - GE Energy is providing distributed control systems for 50 new biomass-fueled power plants that are being built in China as the country works to rapidly develop new renewable energy sources to meet its...
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| Vega Resources to raise capital for its Russian licenses |
Russia >> 6/18/2008 - Vega Resources is seeking to raise a total of USD 30-50 million to fund exploration and operations at three licenses in the Rostov region of Russia. Third party assessments conducted by PGS Russia & C...
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| Newfield Commences Production From New Development Offshore Malaysia |
Malaysia >> 6/17/2008 - Newfield Exploration Company announced that the East Belumut/Chermingat fields in PM 323 recently commenced production and the Puteri field in PM 318 is expected to commence production later this week...
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| Petronas Awards Block SK310 to Newfield, Mitsubishi and Petronas Carigali |
Malaysia >> 6/17/2008 - Petronas awarded a Production Sharing Contract (PSC) for Block SK310 offshore Sarawak to Newfield Sarawak Malaysia Inc, Mitsubishi Corporation and Petronas Carigali Sdn Bhd. Block SK310 is located in ...
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| Lukoil net income rose by 143.5 in the first quarter of 2008 |
Russia >> 6/4/2008 - Lukoil net income reached $3,163 million in the first quarter of 2008, which is an increase of 143.5% y-o-y. EBITDA was $4,846 million, which is 99.3% higher y-o-y. Revenue from sales rose by 59.4%, t...
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| Volga Gas Announces First Production from Uzenskaya Well |
Russia >> 12/5/2007 - Volga Gas Plc announced that oil production has commenced from Uzenskaya £1 and first revenues have been received. The Company has structured an agreement to sell all its oil production at its surface...
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