:: NOCs face emerging risks
Posted: 03 March 2008
National oil companies are facing a whole new set of business-critical risks they need to be adequately prepared for, Marsh Inc. CEO, Dan Glaser, has warned.

:: kVA to deliver generators for Pearl GTL
Posted: 03 March 2008
Aberdeen-based generator specialist kVA Limited has secured a major contract to provide diesel generators for the two Pearl gas-to-liquid (GTL) platforms offshore in Qatar, the company said.

:: Bahrain signs exploration deal with Thai company
Posted: 03 March 2008
Bahrain has signed a new oil exploration deal with a major Thai company, hoping that the contract will bring a wave of oil discoveries after 75 years, Bahrain media reported.

:: Aabar subsidiary farms out 20% interest in 3 offshore Thai exploration concessions
Posted: 03 March 2008
Pearl Energy, a subsidiary of UAE-based Aabar Energy, has entered into a farm-out arrangement with Australian company Horizon Oil Limited to transfer 20% participating interest in three exploration concessions offshore in the Gulf of Thailand , the company said.

:: Dana Gas expects initial gas flow in Iraqi Kurdistan by mid-2008
Posted: 03 March 2008
UAE-based Dana Gas will soon supply the first 150 million cubic feet of natural gas per day to Kurdistan from a local gas field as power generation project is progressing at a rapid pace in the northern Iraqi region.

:: Addax, Kurdistan revise Taq Taq contract
Posted: 03 March 2008
Addax Petroleum Corporation has signed an agreement with the Kurdistan Regional Government (KRG) amending the production sharing contract it holds together with Genel Enerji in respect of the Taq Taq license area in the Kurdistan Region of Iraq.

:: CNOOC tight-lipped on Iran-China gas deal
Posted: 03 March 2008
Iran and China National Offshore Oil Corp (CNOOC) is to sign a major contract to develop the North Pars gas field according to Iran’s Oil Ministry news website Shana, but details of the supposed agreement remains undisclosed.

:: Indian company to develop Iran’s Farsi field
Posted: 03 March 2008
India’s Oil National Gas Company (ONGC) is set to develop Iran’s Farsi field as Iran Offshore Company is finalising a financial proposal for developing the offshore gas and oilfield, Iran’s oil and gas ministry website reported.

:: Emarat, Dana Gas ties up for domestic gas pipeline project
Posted: 03 March 2008
UAE’s Dana Gas and Emirates General Petroleum Corporation (Emarat) have agreed to form a joint venture to own, manage and operate the Middle East ’s first common user gas pipeline, which will be completed in March this year.

:: COADE concludes Middle East exhibition tour
Posted: 03 March 2008
Software engineering specialist COADE has completed its first Middle East COADE Discovery Tour events, held February 11 th in Abu Dhabi and February 13 th in Doha, Qatar, the company announced.