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| 10 Mar 10 |
Ghana offshore oil discoveries may sustain 3 production vessels
Oil reserves discovered offshore Ghana could be sufficient to one day allow production from three floating production, storage and offloading, or FPSO, vessels, said Tullow Oil Wednesday. |
| 10 Mar 10 |
Libya warns US it may give energy sector priority to Chinese and Russian companies
Libya is considering giving priority to Chinese and Russian firms over U.S. energy companies because of its diplomatic row with Washington, a newspaper quoted Libya's top oil official as saying. |
| 10 Mar 10 |
Tullow Oil's 2009 full year results highlight continued exploration success
Tullow Oil's financial results for 2009 are in line with market expectations and ensure the Group remains well funded to continue to execute its medium term exploration, appraisal and development programmes. |
| 10 Mar 10 |
Ugandan bourse may exclude Tullow Oil from index
Uganda's budding bourse may exclude Britain's Tullow Oil from its all-share index because the firm's shares could distort views of the market's performance, a top bourse official said. |
| 10 Mar 10 |
Australia: New Standard Energy seeks to open Canning Basin shale gas province
New Standard Energy will accelerate the progress of its shale gas exploration acreage in Western Australia's Canning Basin following an internal and external review of the shale gas prospectivity in its exploration acreage. |
| 10 Mar 10 |
Indonesia: TGS continues expansion of Indonesia 2D programme
TGS has confirmed the continuation of its multi-client 2D seismic acquisition programme in offshore Indonesia. An additional 7,300 kms of 2D seismic data is now being acquired in three areas along the Sundaland Margin. |
| 10 Mar 10 |
Philippines: Strike Energy terminates negotiations with Blade Petroleum to farm into Cadlao oil field
Strike Energy has completed its evaluation of the Cadlao oil field, located in the Philippines, and has concluded that mutually acceptable farm-in terms cannot be reached with Blade Petroleum, holder of the Cadlao interest. |
| 10 Mar 10 |
Hungary: Ascent updates testing and production in the Peneszlek area of the Nyirseg permits
Ascent Resources, through its subsidiary PetroHungaria, has successfully tested and completed the PEN-101 well, in the Penészlek area of the Nyírség exploration permits in eastern Hungary. |
| 10 Mar 10 |
Chile: GeoPark Holdings announces new partnership structure for Otway and Tranquilo Blocks
GeoPark Holdings has agreed with its partners, and submitted a request for Chilean government approval, to restructure and strengthen the participating interests of the Otway and Tranquilo blocks in southern Chile. |
| 10 Mar 10 |
UK: Endeavour announces full year results and updates UKCS development projects
Endeavour has announced full year results and updated its UKCS Rochelle, Cygnus, Bacchus and Columbus development projects. |
| 10 Mar 10 |
Government of Western Australia grants permits for geothermal projects
The Government of Western Australia has granted ten new exploration permits to companies looking to develop geothermal energy projects in Western Australia. |
| 09 Mar 10 |
Chevron sees upstream growth driven by Australian natural gas developments
Chevron Corp enters the decade with an upstream portfolio of major capital projects that uniquely positions the company for future growth, executives said Tuesday at a meeting with financial analysts in New York. |
| 09 Mar 10 |
Norway: Talisman receives consent to drill well 9/2-11 in PL 316 DS
Talisman Energy Norge has received consent to drill exploration well 9/2-11 in the southern North Sea in PL 316 DS. The well is located approx. 11 km north of Yme. |
| 09 Mar 10 |
Uganda's opposition seeks to revoke oil deals
Uganda's opposition will revoke existing production sharing agreements and force oil companies in the country to renegotiate their deals, a senior official said on Tuesday. |
| 09 Mar 10 |
Peru: Talisman Energy to invest $16 million on seismic in two Peruvian jungle blocks
Talisman Energy is set to invest more than $16 million this year on seismic tests in Peruvian jungle Blocks 134 and 158, with the option to proceed with exploratory drilling and further investment. |
| 09 Mar 10 |
New Zealand: GNS Science sees Reinga Basin as one of New Zealand's most prospective frontier basins
GNS Science says that seismic and satellite data show that the Reinga Basin, off the northwest coast of the North Island, is one of the most prospective frontier basins in the New Zealand region. |
| 09 Mar 10 |
GoM: Statoil pre-empts Devon's sale of St Malo development
Statoil has increased its working interest in the Union-operated St Malo development to 21.5% by exercising its preferential rights on a proposed sale of Devon's share in the development. |
| 09 Mar 10 |
Egypt: Sea Dragon signs alliance agreement with Tanmia Petroleum for development opportunities in Egypt
Sea Dragon Energy has entered into an agreement with Tanmia Petroleum under which they will have the exclusive right to appraise, develop and produce certain undeveloped and under-developed oil and natural gas opportunities in Egypt. |
| 09 Mar 10 |
Azerbaijan: Development of Chirag Oil Project approved - 6th production platform on the ACG field
Statoil reports that an important new step was taken on 9 March to further develop the giant Azeri-Chirag-Gunashli oil field in Azerbaijan when the ACG partnership signed a USD 6 billion investment agreement to develop the Chirag Oil Project. |
| 09 Mar 10 |
US: Conoco CEO says US ignoring shale gas potential
The U.S. has vast supplies of natural gas locked tight in shale that could offer a long-term energy solution, but the government is ignoring the resource's potential, Jim Mulva, the chief executive officer of ConocoPhillips said. |
| 09 Mar 10 |
Chevron seeking international opportunities including shale gas
Chevron has been looking for acquisitions but hasn't yet found any, the company's chief executive said, adding that Chevron prefers to invest in shale gas outside the U.S and on developing its current portfolio. |
| 09 Mar 10 |
Iraq: Gulf Keystone announces Bijeel-1 oil discovery in Kurdistan
Gulf Keystone has announced that Kalegran, a 100% subsidiary of MOL Hungarian Oil and Gas, and the operator of the Akri Bijeel Block in Kurdistan, concluded a successful oil test in the Bijeel-1 exploration well in the Akri Bijeel Block. |
| 09 Mar 10 |
Azerbaijan: SOCAR and RWE to sign MoU for the Nakhichevan field in the Caspian Sea
Azeri state energy firm SOCAR and German utility RWE are expected to sign a memorandum of understanding on Wednesday to explore the Nakhichevan gas and oil deposit in the Caspian Sea |
| 09 Mar 10 |
Gazprom Neft says Russian taxes are hindering ventures with international oil companies
Gazprom Neft, the oil arm of Russia’s gas export monopoly, said Russian taxes are hindering ventures with international oil companies and are the main obstacle for its expansion at home and abroad. |
| 09 Mar 10 |
Egypt: Circle Oil announces successful production testing of Al-Amir SE-5 appraisal well
Circle Oil has announced that the Al-Amir SE-5 appraisal well has been successfully drilled and production tested in the Al-Amir Development Lease in the onshore North West Gemsa Concession in Egypt. |
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