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 Gulf Oil and Gas Newsletter Sep 2007 Vol 5 Issue 37
 
 10/1/2007 2:15:09 PM
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Gulf Oil and Gas Newsletter Sep 2007 Vol 5 Issue 37
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Newsletter Volume 05 Issue 37

 Middle East & Asia Highlights
Saipem Signs New Contract Offshore Saudi Arabia
Saudi Aramco has signed with a consortium comprising Saipem and its Saudi Arabian partners TAQA and Al Rushaid a long term agreement for the construction, transport and installation of offshore facilities in the Kingdom, aimed at maintaining the Country’s oil production capacity (Maintain Potential Facilities Programme) .  More... 		 

WAVE First Large 3D Contract with BP and 2D contract with OMV
Wavefield Inseis ASA has been contracted by BP to carry out a seismic survey to the west of the Shetland Islands. The project, due to commence in May 2008, is expected to take 35-45 days and will involve a 4D marine survey within block 204 of the UK Continental Shelf.  More... 		 
 Africa Highlights @ GulfOilandGas
Brownfield Awarded LNG Contract in Equatorial Guinea
Petrofac has been awarded a new contract in Equatorial Guinea for the provision of project management and engineering support services to ongoing modifications and new projects for Equatorial Guinea LNG Operations, S.A. (EG LNG) within the Punta Europa Plant facility, Bioko Island.  More... 		 

ATI Petroleum is awarded two oil and gas blocks in Tunisia
ATI Petroleum Ltd. (ATIP), awarded Ayacha and Ksar Ghilane oil and gas blocks in Tunisia. ATIP management announced the official awarding of two blocks of oil and gas for exploration and development in Tunisia. ETAP, Tunisia’s national oil and gas company, has assigned Block RA8 Ayacha and Block RA9 Ksar Ghilane to ATIP.  More... 		 
 Events @ GulfOilandGas
Offshore Communications 2007
OC 2007 - Connecting the Offshore Oil & Gas and Maritime Industries With The Latest Communications Technologies. The 7th Annual Offshore Communications Conference & Exhibition, in Houston, TX, USA, Nov. 6-8, is the only international event dedicated to state-of-the-art communications technologies for Offshore Oil & Gas.  		  

Energy Expo 2007
India is both a major energy producer and consumer. India currently ranks as the world’s eleventh greatest energy producer, accounting for about 2.4% of the world’s total annual energy production, and as the world’s sixth greatest energy consumer, accounting for about 3.3% of the world’s total annual energy consumption.  		  

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  Oil Market @ GulfOilandGas
Oil Market Highlights - Sep 07
The OPEC Reference declined 4.4% or $3.18 in August to settle at $68.71/b. Concern that economic risks and equity market turbulence might dent energy demand offset the drop in seasonal fuel inventories amid refinery outages and continued draws on crude oil stocks.  More...
World Oil Supply
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Balance of Supply/Demand




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