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BP CEO Says Talks Ongoing on Abu Dhabi Concessions
BP CEO Says Talks Ongoing on Abu Dhabi Concessions United Arab Emirates >> 11/5/2012 - BP PLC's (BP) Chief Executive Bob Dudley downplayed a report that the U.K.-based oil giant may not be allowed to make a bid for the renewal of a shared license to operate some of Abu Dhabi's largest o...
Activities in South Azadegan Start Again with the New Amendment
Iran >> 11/4/2012 - Managing Director of Petroleum Engineering and Development Company (PEDEC) said the new amendment to South Azadegan contract was signed with the Chinese company and the contract was effective. ...
Gazprom Neft Considers Business Development
Gazprom Neft Considers Business Development Russia >> 10/29/2012 - At its meeting on 26 October, Gazprom Neft’s board of directors considered the future development of the company’s international business. Gazprom Neft’s strategy provides for a gradual transformation...
New Techniques at Filanovsky Field
Russia >> 10/29/2012 - LUKOIL became the first Russian company to have conducted pilot offshore hydraulic fracturing at well No. 8 of the Vladimir Filanovsky field located in the Northern Caspian Sea. ...
Onshore Units of SP Phases 22-24 Coming Online
Iran >> 10/23/2012 - Farhad Izadjou operator of phases 22-24 told Shana construction of onshore facilities of the phases have made 69 percent progress adding some units will become operational as of December. ...
PCLD Launches the Nasiriya Integrated Project
PCLD Launches the Nasiriya Integrated Project Iraq >> 10/21/2012 - I am pleased to announce the launch of the Nasiriya Integrated Project and to invite interested companies to become formally qualified to participate in its development. ...
Phase 12 of Iran South Pars 82% Complete
Iran >> 10/20/2012 - The development of the largest phase of Iran’s South Pars gas field (the phase 12) is complete by 82 percent and will be inaugurated in the calendar month of Bahman (January 20-February 18), ISNA quot...
Iran Oil Development Plans with Estimated Cost of $14b
Iran >> 10/13/2012 - Iran has prepared new oil development plans, with an estimated cost of $14 billion, related to oilfields located in the Persian Gulf, the Mehr News Agency quoted Iranian Offshore Oil Company’s (IOOC) ...
Russia's Gazprom Neft Still Interested in Kurdistan
Russia's Gazprom Neft Still Interested in Kurdistan Iraq >> 10/10/2012 - Gazprom Neft, the oil arm of Russia's top natural gas producer Gazprom, is still interested in Kurdistan's oil, a Gazprom Neft source said, rebutting reports it had frozen projects in the Iraqi provin...
Successfully Executing at the Barzan Gas Project
Qatar >> 10/10/2012 - As Qatar anticipates an increased demand for energy to fuel infrastructure projects over the next decade, the Barzan Gas Project becomes of monumental significance for the sustainable growth of Qatar....
Iraq Government Approves Block 10 Development
Iraq Government Approves Block 10 Development Iraq >> 10/9/2012 - Russia's No.2 crude producer LUKOIL said the Iraqi government has approved the geologic exploration, development and production contract for Block 10 in the southern part of the country. LUKOIL alread...
Investing Sinai Oil is National Security
Egypt >> 10/6/2012 - Minister of Petroleum Eng. Osama Kamal said on Friday 05/10/2012 that the petroleum sector's contribution to the national plan for Sinai reconstruction and implementation of the integrated strategic v...
OMV Makes Major step Towards Energy Security in Pakistan
Pakistan >> 10/5/2012 - OMV and its joint venture partners signed the development and production lease deed for Latif gas field located in the Sindh province of Pakistan. OMV is the operator of Latif concession and holds a 3...
LUkoil & Saipem Sign Contract For Filanovsky Field
Russia >> 10/4/2012 - LUKOIL-Nizhnevolzhskneft (a wholly-owned LUKOIL subsidiary) and Saipem SPA (Italy) signed a contract for transportation and installation of production faciliteis as part of the infrastructure developm...
Iran Direct Fired Heaters Produced Domestically
Iran >> 10/2/2012 - Mehdi Fakour announced the inauguration of Sarvestan oilfield development in near future and said for the first time in the country direct fired heaters have been designed, made and installed at Sarve...
Iran and Vietnam Talk on Danan Block Development
Iran >> 10/1/2012 - By ending seismic operations at Danan block it is expected the Vietnamese side to accelerate drilling operations in the block, Iranian minister of petroleum Rostan Qasemi announced. ...
Iraq Cabinet Approves 3 Oil & Gas Deals
Iraq Cabinet Approves 3 Oil & Gas Deals Iraq >> 9/25/2012 - As part of Iraq's drive to attract investment to develop its energy sector, the cabinet has approved three oil and gas contracts awarded to foreign firms in a May auction, the government spokesman sai...
Israel Okays Development of Gaza Offshore Gas Field
Israel >> 9/23/2012 - Israel has held new talks with the Palestinians over the development of a gas field off the coast of the Gaza Strip, the Israeli foreign ministry said in a new report released. ...
Iran to Sign Development Contracts of 3 Oil and Gas Fields
Iran >> 9/23/2012 - Speaking in a regular meeting of high ranking oil industry managers with media representatives, Mohsen Khojasteh Mehr said: One aspect of oil industry strategy includes focusing on exploration in bord...
JV to Create Oil & Gas Free Zone at Khor Al-Zubair
JV to Create Oil & Gas Free Zone at Khor Al-Zubair Iraq >> 9/22/2012 - The specialized free zone will cover 11mn sqm and be located next to Iraq’s strategic oil and gas port in Khor Al-Zubair. The zone will provide a mixed-use site for manufacturing and storage and fulfi...

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