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:: UAE firms begin pumping Kurdish gas
UAE-based companies Dana Gas and Crescent Petroleum have announced the start-up of natural gas production, processing and transportation via pipeline in their major joint project in the Kurdistan Region of Iraq.
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:: Kazakhstan ropes in ConocoPhillips, Mubadala
Kazakhstan state-energy company KazMunayGas (KMG) have signed an agreement with US oil major ConocoPhillips and Abu Dhabi-owned investment arm Mubadala Development Company for the exploration and development of Nursultan or “N” Block in the Caspian Sea.
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:: Qatargas, Nakilat receives flagship LNG carrier
Qatargas and Nakilat have received the delivery of ‘Mozah,’ the world’s largest LNG carrier at the Samsung Heavy Industries shipyard on Geoje Island last week.
:: PDO extends CGGVeritas contract
French seismic company CGGVeritas has been awarded a multi-year contract extension by Petroleum Development Oman (PDO) to undertake a high-productivity, high-density onshore seismic acquisition project in Oman.
:: Sterling farms-out Kurdistan interest to Addax
UK-based independent Sterling Energy will retain a 66.67% interest in the Sangaw North Production Sharing Contract (PSC) after it has agreed to farm-out a 33.33% interest in the acreage located in the Kurdistan Region of Iraq, to Addax Petroleum Sangaw Limited.
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:: Lamprell first half profit jumps 32%
UAE-based engineering and construction provider Lamprell has reported a 32% increase in net profit to $47.8 million for the first half of 2008, an increase from $36.2 million in 2007.
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:: Cosmo Oil takes 29.5% stake in Qatar block
Japan’s Cosmo Oil has acquired 29.5% stake in Block 11 to join an oil field development project offshore Qatar through its fully owned subsidiary.
:: Emerald reports Khurbet East steady flow
UK-based independent Emerald Energy is planning to expand the processing capacity at the Khurbet East field after it has reported a steady production rate in the Syrian block.
:: EFC to supply choke control systems in Middle East
UK-based instrumentation, monitoring and control systems manufacturer Electro-Flow Controls (EFC) has completed contracts worth more than $1 million for choke control systems in the Middle East and the UAE.
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