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Genel Energy make cretaceous discovery at Peshkabir-2

  Genel Energy plc ('Genel' or 'the Company') notes the announcement made this morning by DNO ASA, as operator of the Tawke licence (Genel 25% working interest).  The Peshkabir-2 well currently drilling on the Tawke PSC has discovered oil in the Cretaceous horizon in the southern flank of the Pes ...

OilVoice Press


Posted 3 months agoPress > Genel EnergycretaceousPeshkabir-2

DNO Makes Cretaceous Oil Discovery at Peshkabir

DNO ASA, the Norwegian oil and gas operator, today announced that the Peshkabir-2 well currently drilling in the Kurdistan region of Iraq has discovered oil in the Cretaceous horizon in the southern flank of the Peshkabir field.   The well flowed at a stable rate of 3,800 barrels of 28 ° API ...

OilVoice Press


Posted 3 months agoPress > DNOPeshkabir-2

Operational update from Genel Energy

Genel Energy plc ('Genel' or 'the Company') issues the following update in respect of the Taq Taq field (Genel 44% working interest). The third and final well of the 2016 Taq Taq drilling programme, TT-16y, has been successfully drilled and completed in the main Shiranish reservoir. The well is nat ...

OilVoice Press


Posted 4 months agoPress > Genel EnergyOperations Update

Trump Says U.S. Should Have Stolen Iraq’s Oil, ‘Maybe We’ll Have Another Chance’

While addressing the CIA on Saturday, President Donald Trump took a break from lambasting the media to remind everyone that he thinks the U.S. should have stolen Iraq's oil. He made the argument numerous times on the campaign trail, suggesting that the U.S. could take Iraq's oil while fighting IS ...

OilVoice Press


Posted 3 months agoLink > Donald TrumpIraq

Petrofac secures US$75 million contract with South Oil Company

Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project (ICOEEP). The one-year contract, with a one-year option, was awarded following a competitive tender and Petrofac, as the incumbent, plans to build on its four-year track r ...

OilVoice Press


Posted 4 months agoPress > South Oil CompanyPetrofacICOEEP +1

BP's Rumaila oilfield achieves 3 billion barrel production landmark

Production increased by more than 40% since BP joined partnership to redevelop Rumaila oilfield in 2010 Oil production rate highest in 27 years Around $200 billion generated for the Iraqi economy Production boosted by new technologies, refurbishment of existing assets and one of the largest wat ...

OilVoice Press


Posted 4 months agoPress > BPIraqRumaila

Gulf Keystone - Shaikan Crude Export Route Update

Gulf Keystone, operator of the Shaikan Field in the Kurdistan Region of Iraq, is today providing an update on the Shaikan crude export route. The Kurdistan Regional Government's Ministry of Natural Resources ("MNR") is to begin exporting all Shaikan crude production via trucks to Turkey, from the en ...

OilVoice Press


Posted 2 months agoPress > Gulf KeystoneShaikan field

Restrata provides new security solution for firms in Basrah

A security system which brings together up-to-the-minute information on key security developments in Iraq and the implications for companies operating in the region will launch this month. Restrata's new web-based portal is set to go live and will serve as a platform to provide reporting and longer ...

Jamie MacDonald


Posted 7 days agoPress > restrataIraqBasrah

Jacobs awarded contract extension by Saudi Aramco

Jacobs Engineering Group Inc. (NYSE:JEC) announced today it received an amendment from Saudi Aramco for its general engineering services (GES) contract. While officials did not disclose the contract value, the five-year extension builds on the framework of the original contract signed in 2011. Ser ...

Katie Woodward - OilVoice


Posted 5 months agoPress > JacobsSaudi AramcoContract

Wood Group secures multi-million dollar framework agreement with Saudi Aramco

Wood Group has secured a five year, multi-million dollar framework agreement to continue to provide engineering and project management services to Saudi Aramco's onshore capital programmes in the Kingdom of Saudi Arabia. Effective immediately, the contract also includes three, one year extension o ...

OilVoice Press


Posted 3 months agoPress > Wood GroupSaudi Aramco

Cape awarded insulation work packages for Jazan Project in the Kingdom of Saudi Arabia

Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, is pleased to announce Cape RB Hilton has been awarded three substantial insulation work packages from Nasser S. Al Hajri Corporation (NSH) for the Jazan project ...

OilVoice Press


Posted 3 months agoPress > CapeSaudi ArabiaKSA +1

Shell to Sell stake in Sadaf Chemicals joint venture in Saudi Arabia to Sabic

Shell and SABIC have signed an agreement whereby SABIC will acquire Shell's 50% share in the petrochemicals SADAF joint venture, located in Jubail, Kingdom of Saudi Arabia for $820 million. The SADAF joint venture encompasses six world-scale petrochemical plants with a total output of more than 4 m ...

OilVoice Press


Posted 3 months agoPress > ShellSadaf ChemicalsSaudi Arabia +1

Exclusive: Cost of pump-at-will oil policy spurred Saudi OPEC U-turn

Sources say the kingdom may have stretched its current limits by extracting a record of around 10.7 million bpd this year, which could be one reason why Riyadh pushed so hard for a global deal to cut production.Riyadh, the world's top oil exporter, felt the burn of cheap oil this year when crude w ...

Adam Marmaras - OilVoice


Posted 4 months agoLink > OPECoil priceSaudi Arabia

Oil hits highest since mid-2015 as OPEC and rivals agree historic deal

LONDON Oil rose by as much as 6.5 percent on Monday to an 18-month high after OPEC and some of its rivals reached their first deal since 2001 to jointly reduce output to try to tackle global oversupply and boost prices.Brent crude futures were up $2.38 at $56.72 per barrel by 1002 GMT, having hit ...

Adam Marmaras - OilVoice


Posted 4 months agoLink > OPECoil price

Oil surges 10pc as OPEC agrees to cut production

The deal brokered at talks in Vienna was achieved after OPEC's largest producer Saudi Arabia gave ground and agreed that Iran — still recovering from trade sanctions — was a special case and would be exempted from the cuts. The deal will reduce output by 1.8MMbd from January 2017 and runs for 6 m ...

Adam Marmaras - OilVoice


Posted 4 months agoLink > OPECoil priceSaudi Arabia +1
Last fetch 4/26/2017 2:00:32 AM