:: Parliament demands answers on reserves and Project Kuwait
Posted: 07 August 2006
The newly appointed Energy Minister for Kuwait was in the spotlight to finally clarify just how big the country’s oil reserves are, reports the August issue of Pipeline Magazine.

:: Rasgas names new chief
Posted: 07 August 2006
RasGas Company Limited on Tuesday announced the appointment of Dr Mohamed Saleh Al Sada as the company’s new managing director.

:: Pearl Energy awarded block 06/94 in Vietnam
Posted: 07 August 2006
Aabar Petroleum Investments Company has announced that its wholly owned subsidiary, Pearl Energy Limited, was among three companies who have been jointly awarded the petroleum contract for a block in Vietnam.

:: Aramco signs 10-year contract with Exel
Posted: 07 August 2006
Saudi Aramco has signed a 10-year contract with Exel Saudi Arabia, an Olayan Group joint-venture partner, to provide comprehensive logistical services for Saudi Aramco throughout the Kingdom.

:: Bechtel, Jacobs win refinery deal
Posted: 07 August 2006
Bechtel Corporation and Jacobs Engineering Group have been awarded a contract by Motiva Enterprises, jointly owned by Saudi Refining and Shell Oil Company, to provide engineering, procurement, and construction services for a proposed 325,000 barrel per day (BPD) refinery expansion at its Port Arthur, Texas, facility.

:: J. Ray McDermott awarded offshore project for Qatargas 3 and Qatargas 4
Posted: 07 August 2006
J. Ray McDermott Eastern Hemisphere Ltd., a subsidiary of J. Ray McDermott, S.A., was recently awarded an engineering, procurement, construction, and installation (EPCI) contract for three wellhead topsides bound for Qatar ’s North field, for Qatargas 3 and Qatargas 4 offshore projects.

:: Lukoil and Sonatrach sign co-operation deal
Posted: 07 August 2006
Lukoil and an Algerian state oil company Sonatrach signed Memorandum of Understanding in Moscow. The Memorandum deals with issues of mutual cooperation in the area of oil and gas exploration, field development and petroleum refining.

:: NPCC wins another contract from Maersk Oil Qatar
Posted: 07 August 2006
The National Petroleum Construction Company (NPCC) of Abu Dhabi, United Arab Emirates, has been awarded by Maersk Oil Qatar AS, Qatar, another major EPIC Contract for Submarine Pipelines for Block 5 Field Development Plan of Al Shaheen Field, Qatar. Block 5 is operated by Maersk Oil Qatar AS under a Production Sharing Agreement with Qatar Petroleum.

:: Saipem wins $430 Million in offshore construction projects
Posted: 07 August 2006
Saipem has been awarded two new contracts worth in excess of US $430 million for offshore construction in Egypt and Brazil.

:: Thule Power wins Aramco contract
Posted: 07 August 2006
Thule Drilling ASA has been awarded a four year contract by Saudi Aramco for the Thule Power jackup which is currently undergoing modifications and re-activation at the QGM Shipyard in Hamriyah, United Arab Emirates.

:: Tomoe Valve opens new business unit in Middle East
Posted: 07 August 2006
Tomoe Valve Limited, a leader in the design and manufacturing of valves and process control systems, has opened a new business unit in the Middle East to build upon the company’s rapid market growth in this region and directly support its expanding installed customer base.

:: Black Sea’s Largest Q-Technology 3D Projects
Posted: 07 August 2006
Turkish state oil company Turkiye Petrolleri A.O. (TPAO) has contracted WesternGeco to conduct the largest high-specification Q-Marine 3D exploration surveys ever undertaken in the Black Sea .

:: Centurion finds new gas in Egypt
Posted: 07 August 2006
Centurion Energy International said that the Luzi-1 exploration well (Centurion 50%, Shell 50%), which is located on the eastern side of the company's West Manzala concession in the Egyptian Nile Delta, has been drilled to test a prospect on trend with the El Wastani field.

:: Dialog and Sedres form Saudi joint venture
Posted: 07 August 2006
Dialog Group Berhad said that its subsidiary Dialog ( Labuan) Ltd (DLL) entered into a joint venture agreement with M/s Sedres Maritime on August 1, 2006.

:: Groundstar takes stake in another Egyptian block
Posted: 07 August 2006
Groundstar Resources Ltd. said that it has entered into a preliminary farm-in agreement with Aminex Petroleum Egypt Limited (APEL) to acquire a 20% working interest in the onshore West Esh El Mallaha (WEEM) block located within the prolific oil producing Gulf of Suez Basin.

:: Gulf Keystone expands in Algeria
Posted: 07 August 2006
Gulf Keystone Petroleum Limited has made a major expansion of its exploration and appraisal activities in Algeria with the introduction of BG North Sea Holdings Limited, a subsidiary of BG Group Plc, as strategic partner in the Hassi Ba Hamou Perimeter exploration, appraisal and exploitation contract (HBH).

:: Ferguson accommodating AJS in Southern North Sea Project
Posted: 07 August 2006
Leading offshore accommodation providers Ferguson Modular has secured a 2 year contract for the supply of a 16 person accommodation complex on Shells (ONEGAS) Sean-P Gas Platform in the Southern North Sea for offshore services speci alists AJS.

:: SOCO issues operations update
Posted: 07 August 2006
London-based SOCO International plc, an oil and gas exploration and production company that has interests in Vietnam, Yemen, Thailand, Republic of Congo (Brazzaville), Democratic Republic of Congo (Kinshasa), and production operations in Yemen, on Monday released the following operations update.

:: Foster Wheeler awarded contract for Chevron's Olokola Gas project
Posted: 07 August 2006
Foster Wheeler said that two subsidiaries in its Global Engineering and Construction Group, Foster Wheeler Energy Limited and Foster Wheeler (Nigeria) Limited, in a joint venture with National Engineering & Technical Company Limited (NETCO), have been awarded the front-end engineering design (FEED) by Chevron Nigeria Limited (CNL) for the non-associated gas wellhead platforms and pipelines portion of CNL's Olokola Gas Supply Project (OKGS).

:: Nabrajah 11 reaches total depth - DNO
Posted: 07 August 2006
DNO ASA said that the Nabrajah-11 in Yemen has been drilled as an appraisal well on the southwestern corner of the Nabrajah structure. The well has been drilled to a total depth of 2,924 m and 480 m into the basement.

:: Aabar’s profit shoots up
Posted: 07 August 2006
Aabar Petroleum Investments Company PJSC (Aabar) said its operating profit had risen from $735,000 in the January-March period of this year to $10 million in the April-June period.

:: Aminex concludes two deals on its Egyptian concession
Posted: 07 August 2006
Aminex has concluded two separate transactions in connection with its Block 2, West Esh El Mellaha ("WEEM") concession in the Eastern Desert of Egypt: