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| 03 Feb 12 |
Iraq: DNO updates Kurdistan drilling activity
Norwegian company DNO has provided an update on its drilling activity in the Kurdistan region of Iraq. |
| 03 Feb 12 |
Tanzania: Maurel & Prom drilling Ziwani-1 exploration well in Mnazi Bay Concession
Wentworth Resources has announced that operator Maurel & Prom has spudded the onshore Ziwani-1 exploration well, the first new well to be drilled in the Mnazi Bay concession area since the MS-1X exploration well. |
| 03 Feb 12 |
UK: Tangiers Petroleum announces admission to trading on London’s AIM market
Following its recently announced AUD$6.35 million placement to UK, North American and Australian investors, the Company is well positioned to unlock the potential of its oil and gas exploration projects in Morocco and Australia. |
| 03 Feb 12 |
China 2012 net crude imports to grow slowest in 6 years
China's net crude oil imports are expected to rise 5.9 percent this year, the slowest growth rate since 2006, as a slack export market cuts into consumption, local media reported on Friday, citing a CNPC report. |
| 02 Feb 12 |
Brazil sets record for crude oil and natural gas production in 2011
Brazil set a record for crude oil and natural gas production in 2011 as ongoing tests at recently discovered oil fields continue to boost the country's output. |
| 02 Feb 12 |
Cuba: Repsol begins deepwater exploration drilling offshore Cuba
Spanish oil firm Repsol YPF has begun offshore drilling in Cuban waters as part of its global exploration operations, resuming exploration in the area after it failed to find exploitable oil in 2004. |
| 02 Feb 12 |
UK: Subsea 7 awarded contract Clair Ridge Project contract, West of Shetland
Subsea 7 has announced the award of a contract valued at approx. $100 million from BP Exploration Operating Company for the Clair Ridge Project, West of Shetland. |
| 02 Feb 12 |
Norway: Total launches the Hild field development in the North Sea, Norway
Total, operator of the Hild licence, has launched the development of the field located in the Norwegian North Sea. This development will represent an investment of US$4.2 billion. |
| 02 Feb 12 |
Argentina: Americas Petrogas reaches TD on Los Toldos II Vaca Muerta shale well
Americas Petrogas has announced that its Los Toldos Este vertical well has reached total depth (TD) of approx. 3,250 meters. The well was cored during drilling and extensive logging operations are currently underway. |
| 02 Feb 12 |
Norway: Wintershall spuds Maria appraisal well in the Norwegian Sea
Wintershall, earlier this week spudded the Maria appraisal well in the Norwegian Sea. The Maria discovery is one of the most significant oil discoveries in Norway in recent years. |
| 02 Feb 12 |
Greenland: Polarcus awarded second 3D acquisition project offshore Greenland
Polarcus has announced that the Company has received a Letter of Intent from Shell Kanumas for a nominal 8,500 sq km 3D seismic acquisition project offshore Greenland. |
| 02 Feb 12 |
Iraq: Statoil seeks Iraq's OK to sell West Qurna-2 oil field stake
Norway's Statoil wants to sell its stake in a giant 12.9 billion barrel oilfield in southern Iraq to Russia's LUKOIL, and the Iraqi oil ministry has no objection 'in principle', an Iraqi oil official said on Thursday. |
| 02 Feb 12 |
Russia: Rosneft and Sberbank reach agreement in principle on Taas-Yuryakh project
Rosneft and Sberbank signed a tentative agreement on the acquisition by Rosneft of a 35.3 percent stake in Taas-Yuryakh Neftegazodobycha, which holds production licences for the Srednebotuobinsk oil and gas condensate field. |
| 02 Feb 12 |
Canada: PetroChina buys Canada shale stake from Shell
PetroChina said on Thursday it has signed an agreement to buy a 20 percent stake in a shale gas project in Canada from Royal Dutch Shell, the latest in a series of overseas acquisitions by Chinese state energy giants. |
| 02 Feb 12 |
UK: Nautical Petroleum acquires 25% interest in North Sea Block 3/27a in deal with First Oil Expro
Nautical Petroleum has entered into an agreement with First Oil Expro to acquire a 25% interest in North Sea Block 3/27a, which contains the Hydra Prospect. |
| 02 Feb 12 |
Russia: Petrogrand preparing to spud first Russian well
Swedish company Petrogrand is preparing to drill the first of three wells in Russia in 2012. Two wells will be drilled in the Nizhnepaninsky licence area and one well in the Muromsky-2 licence area. |
| 02 Feb 12 |
Shell announces 4Q and and full year 2010 unaudited results
Royal Dutch Shell’s fourth quarter 2010 earnings, on a current cost of supplies (CCS) basis, were $5.7 billion compared to $1.2 billion a year ago. |
| 02 Feb 12 |
Royal Dutch Shell sets out new growth agenda
Shell has updated shareholders on progress against its strategic plan to generate profitable growth. |
| 02 Feb 12 |
Namibia: Chariot Oil & Gas announces conclusion of farm-out agreement with BP in Namibia Block 2714A
Chariot Oil & Gas has announced that its wholly owned subsidiary, Enigma Oil & Gas Exploration, has received full approval from the Ministry of Mines and Energy in Namibia for its farm-out agreement with BP in Block 2714A. |
| 02 Feb 12 |
Gulfsands Petroleum announces corporate update
Gulfsands Petroleum, the oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., has provided a corporate update. |
| 02 Feb 12 |
UK: Alkane Energy announces acquisition of Greenpark Energy
Alkane Energy, the profitable alternative energy company, has conditionally agreed to acquire the entire issued share capital of Greenpark Energy for a total consideration of up to £5.725 million. |
| 02 Feb 12 |
Uganda: Tower Resources preparing to spud the Mvule-1 well onshore Uganda
AIM-listed Tower Resources has provided an update on operational progress in Uganda, where the Mvule-1 well is now expected to spud within 6-9 days. |
| 02 Feb 12 |
President Petroleum announces proposed placing to raise gross proceeds of £6.2 million
President Petroleum has announced that it has conditionally placed 13,829,525 New Ordinary Shares with institutional investors at a price of 45 pence per share, to raise gross proceeds of £6.2 million. |
| 02 Feb 12 |
Kazakhstan: Max Petroleum announces production test results at the Sagiz West and Asanketken fields in Kazakhstan
Maz Petroleum reports 430 bopd from a second Triassic interval in the SAGW-1 well in the Sagiz West field, along with 1,005 bopd from a second Jurassic interval in the ASK-1 well in the Asanketken field. |
| 02 Feb 12 |
Nigeria: Mart Resources announces UMU-9 well results and Umusadege field operational update
Mart Resources and its co-venturers, Midwestern Oil and Gas Company (Operator of the Umusadege field) and SunTrust Oil Company have provided an operational update on the Umusadege field, onshore Nigeria. |
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