:: Schlumberger Opens Research Center
Posted: 30 March 2006
Schlumberger Oilfield Services, the leading oilfield services company in Saudi Arabia for more than 60 years, inaugurated this week in Dhahran its fifth worldwide research center.

:: New oil and gas discovery in Tunisia
Posted: 30 March 2006
The first exploration well (Warda 1) in block Jenein Sud covering 1,992 square kilometre, 700 km south of the Tunisian capital Tunis, tested gas and oil. The well was spudded on 27 December 2005 and encountered several oil and gas bearing zones.

:: AlMansoori opens new office in Abu Dhabi
Posted: 29 March 2006
Oilfield services provider AlMansoori Specialized Engineering (MSE) recently created a new operations base in Abu Dhabi to house its Health, Safety, Environment and Quality (HSEQ) management team.

:: New research centre to focus on Middle East’s carbonate reservoirs
Posted: 29 March 2006
The state-of-the-art centre, to be known as the Schlumberger Dhahran Centre for Carbonate Research, houses a team of international scientists working on oil and gas industry research projects in collaboration with other research institutes, both in the Kingdom and worldwide.

:: Deal closed on Upper Zakum: ExxonMobil to get 28% equity stake in one of the world’s largest oilfields
Posted: 28 March 2006
ExxonMobil has closed a major deal with the Abu Dhabi National Oil Company (ADNOC) through which ExxonMobil Abu Dhabi Offshore Petroleum Company Limited (EMAD) receives a 28 per cent undivided interest out of ADNOC's 88 per cent interest in the Upper Zakum Oil Field.

:: Innovative CSR schemes launched
Posted: 28 March 2006
RasGas, the Qatar-based liquefied natural gas producer has recently launched four innovative initiatives under its Corporate Social Responsibility (CSR) programme.

:: Baker Hughes names CFO
Posted: 28 March 2006
Baker Hughes has named Peter A. Ragauss, 48, as its senior vice president and chief financial officer effective 26 April 2006.

:: Schlumberger wins Algerian drilling contract
Posted: 27 March 2006
Petroceltic has awarded a major drilling contract to Schlumberger for its 2006 drilling programme in Algeria.

:: ADNOC receives 2 bi-fuel vehicles
Posted: 27 March 2006
Abu Dhabi National Oil Company (ADNOC) has received two especially made cars that are powered by compressed natural gas (CNG) as well as by the regular traditional gasoline.

:: QP and Hydro to build aluminium plant
Posted: 27 March 2006
Qatalum, the joint venture company, will see the building of primary aluminium plant comprised of a smelter, a casthouse and a carbon plant as well as a dedicated power plant.

:: Centurion inks deal with Shell
Posted: 27 March 2006
Centurion has signed an agreement with Shell Egypt West Manzala and Shell Egypt West Qantara.

:: Aramco’s first fully automated plant opens
Posted: 27 March 2006
The 300,000 barrel per day (bpd) Haradh crude increment was opened last week. The plant, which has a maximum production capacity of 300,000 bpd of Arabian Light crude, has a gas processing capacity of 140 million standard cubic feet (scf) per day of associated gas.

:: Largest AUV-survey completed
Posted: 27 March 2006
Fugro was contracted by BP Exploration ( Egypt) Ltd. to undertake a regional site investigation at Raven, located in the West Nile Delta using Fugro's Hugin 3000 Echo Surveyor AUV.

:: New injection moulding grade from Borealis
Posted: 27 March 2006
Borealis has launched Borstar HE3490-IM, a unique polyethylene (PE) grade specifically for the injection moulding of PE100 pressure pipe fittings. This solution provides the fitting manufacturers with a better alternative to the extrusion materials which they currently use – a material that combines the higher pressure performance of a PE100 material with the processing friendliness of a PE80.

:: Pluto gas field to supply Japan with LNG
Posted: 27 March 2006
Woodside Energy’s wholly owned Pluto gas field in Western Austr alia is to supply LNG to Kansai Electric, one of Japan’s major electricity suppliers.

:: Keppel wins fourth rig from SeaDrill
Posted: 27 March 2006
Keppel Fels has secured a $132 million contract from a SeaDrill for a KFELS B class jackup rig. Delivery of this new order is expected in the second quarter of 2008.

:: First well drilled
Posted: 27 March 2006
DNO has drilled its first exploration well within its production sharing agreement (PSA) area in Iraqi Kurdistan.

:: HSBC is GCC’s most active
Posted: 27 March 2006
Due to the $2.25 billion bond and simultaneous $970 million bank tranche to fund Qatar ’s RasGas III project, the highest market share in the GCC was jointly held by Goldman Sachs and Lehman Brothers, with three transactions each, totalling $1.176 billion.

:: Indonesian and Lebanese firms to explore Yemen
Posted: 27 March 2006
PT Medco Energy International has signed a memorandum of with Uni Oil Company of Lebanon to explore for oil and gas in Yemen.

:: Isramco’s loss blamed on increase in lease
Posted: 27 March 2006
From $2,402,000 in Q4 of 2004, Isramco’s revenue plunged down to $612,000 in Q4 of 2005.

:: Swift switch
Posted: 27 March 2006
A gas system that switches gas to liquefied gas at the flick of a switch was launched recently by Thermo Electron.

:: New seismic technology for increased oil production
Posted: 27 March 2006
Hydro has invested in a new form of seismic technology that can contribute to increasing the recovery rate from oil fields.

:: Show in report
Posted: 27 March 2006
The Fifth Middle East Refining and Petrochemicals Conference and Exhibition (Middle East Petrotech 2006) ended on a buoyant note on 18 January.

:: LUKSAR announced 2005 Results
Posted: 27 March 2006
LUKSAR Energy, a joint-venture between LUKOIL Overseas (80 percent) and Saudi Aramco (20 percent) has approved the 2005 results of the company's operational and economic activities.