:: Qatargas to supply LNG to Thailand
Posted: 04 February 2008
Qatargas would supply 1 million tonnes of liquefied natural gas (LNG) per year under a long term agreement to Thailand’s PTT Public Company Limited, the company said, marking a new Asian market after Japan.

:: BP finds major deep gas in Egypt
Posted: 04 February 2008
BP Egypt has made a significant gas discovery at record depths in the Nile Delta, the company has announced.

:: RWE upstream unit gets Libya Oil Exploration Concession
Posted: 04 February 2008
RWE Dea, the upstream unit of German utility RWE AG, has been awarded a new crude oil exploration concession in Libya during the Mediterranean country’s latest licensing round.

:: Bahrain tenders get the green light
Posted: 04 February 2008
Bahrain’s consultative council has approved the two tenders for exploration of oil and gas off the kingdom’s shores, backing a speedy process to step up its exploration efforts.

:: Baghdad stops Kurdish deals
Posted: 04 February 2008
Despite repeated warnings to nullify contracts, the federal government of Iraq has taken action by suspending crude exports to countries involved in Kurdish oil contracts in protest against the ongoing deals made in the autonomous northern Iraqi state.

:: ICROC, NDC signs 7 onshore rigs in long-term deal
Posted: 04 February 2008
Iran Central Regions Oil Company (ICROC) and North Drilling Company (NDC) have signed a 10-year deal for chartering seven onshore drilling rigs, IRNA news agency reported.

:: Taqa earns $272 million from global venture in 2007
Posted: 04 February 2008
Abu Dhabi National Energy Company’s (Taqa) profits grew by 107% to Dh1 billion ($272.33 million) in 2007, marking an eventful year of strategic buyouts for portfoliobuilding.

:: Aabar reaches a 166% climb on higher production and oil prices in 2007
Posted: 04 February 2008
Abu Dhabi-listed Aabar Energy has netted a 166% climb on revenues in 2007, the UAE-based E&P company has announced, citing higher production from the group’s continuing operations in Southeast Asia and increasing oil prices.

:: Dana Gas maiden year records Dh1 billion
Posted: 04 February 2008
Abu Dhabi-listed Dana Gas has posted revenue of Dh1.036 billion for the first year of its operation in oil and gas production in the Middle East.

:: GE turbine technology to power Qafco expansion
Posted: 04 February 2008
The Qatar Fertilizer Company (Qafco) has signed a letter of intent (LOI) with GE Oil & Gas for the supply of gas turbine and compressor technology for an expansion project that will result in one of the world’s largest fertilizer plants.