OilExec International Ltd

 
News
July 2006

:: GTL on the roll
Posted: 31 July 2006
The Pearl GTL project, said to be the worldÿs largest integrated Gas to Liquids (GTL) complex, was launched on Thursday amid speculations that it will be postponed due to pressures on cost.

:: China approves refinery deal with Kuwait
Posted: 31 July 2006
China has approved a $5 billion domestic oil refinery joint venture with Kuwait.

:: PDO opens tender for second small-fields service contract
Posted: 31 July 2006
Petroleum Development Oman (PDO) invites companies to participate in its tender to develop cluster of small oil fields.

:: Iran to tender South Pars 23 and 24
Posted: 31 July 2006
The National Iranian Oil Company (NIOC) opens the tender of South Pars 23 and 24, Iranÿs Mehr news agency reported.

:: New land wireline units launched
Posted: 31 July 2006
AlMansoori Specialized Engineering of Abu Dhabi, has launched the new generation of land wireline units (Al Qaher) with the first destined for Saudi Arabia.

Crystal Ball

:: Oxy Libya awards contract to BJ Services
Posted: 31 July 2006
BJ Tubular has been awarded a contract by OXY Libya LLC to provide casing and tubing running services, as well as float equipment, centralisers and thread compounds.

:: Sky and Crescent to drill second well
Posted: 31 July 2006
Sky Petroleum and Crescent Petroleum will drill a second well in the United Arab Emiratesÿ Mubarek Field.

:: Wood Group names country manager for Libya
Posted: 31 July 2006
Wood Group ESP appointed Trevor Adams as its new Country Manager for Libya.

:: Totalÿs first find in Libya
Posted: 31 July 2006
Total said it has discovered oil in Block NC 191 in southwestern Libya, around 800 kilometres south of Tripoli. Total is the operator of the block and holds a 100% stake.

:: Expanding safeguard contracts in Algeria
Posted: 31 July 2006
Boots & Coots International Well Control has expanded one of its two five-year SafeGuard contracts in Algeria with the signing of a new amendment worth $12.3 million in additional revenues.

:: Aker Kvaerner, Sinopec to expand in the Middle East
Posted: 31 July 2006
China Petrochemical Corporation (Sinopec)and Aker Kvaerner signed an agreement to jointly execute projects internationally with particular focus in Saudi Arabia and other markets in the Middle East.

:: GE invests $175 Million in oilfield services
Posted: 31 July 2006
Expanding its investments in oilfield services, GE Energy Financial Services has announced that, through its affiliates, it has provided a total of $175 million to three Canadian companies: High Arctic Energy Services Trust, Western Lakota Energy Services, and Production Enhancement Group.

:: Petroceltic to spud Algerian well
Posted: 31 July 2006
Irish firm Petroceltic International said it plans to begin drilling in its Algerian Isarene Permit on July 30.

:: Philippines starts coal production
Posted: 31 July 2006
Forum Energy plc, the AIM-quoted energy group operating in the Philippines, has started producing production from its Naga coal mine development in Central Cebu.

:: Three Turkish licenses for TransAtlantic
Posted: 31 July 2006
TransAtlantic Petroleum was awarded three exploration licenses in Southeast Turkey. The three licenses - where the company is the owner and operator - are for a term of four years and cover a total of 162,762 acres.

:: Chevron man moves to Madagascar Oil
Posted: 31 July 2006
Madagascar Oil Limited (MOL), Madagascar's leading onshore oil and gas company, has announced the appointment of Alex Archila as joint Chief Executive Officer.

:: Gulfsands appoints chairman
Posted: 31 July 2006
AIM listed oil and gas Gulfsands Petroleum appointed Andrew West, 48, one of Gulfsandsÿ current non-executive directors, as non-executive Chairman of the Board.

:: Management change in Woodside
Posted: 31 July 2006
Woodside Energy, a wholly-owned subsidiary of Woodside Petroleum announced changes in senior management.

 

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