Gulf Oil and Gas Newsletter Nov 2008 Vol 6 Issue 48

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Gulf Oil and Gas Newsletter Nov 2008 Vol 6 Issue 48

8/24/2009 2:22:44 PM

tonyGOG

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Gulf Oil and Gas Newsletter Nov 2008 Vol 6 Issue 48

Newsletter Volume 06 Issue 48

Asia & Middle East Highlights

Zhaikmunai Provides Update On Kazakhstan Operations
Zhaikmunai LP, the oil and gas exploration, development and production company, provides an update on its Kazakh operations for the period from July to 30 September 2008. More...

Cambay-74 Oil Well Onstream, India
Oilex is very pleased to report that the Cambay-74 oil production well has been brought onstream following a brief test program. During that test, the well flowed at an average stabilised rate of 542 barrels of oil per day (bopd) on 6.3mm choke with an average of 280 cubic feet of gas per barrel of oil (GOR 280) at a flowing tubing pressure of 722 psi. More...

CNPC and IPIC Sign EPC Contract of Crude Pipeline Project
CNPC and IPIC (International Petroleum Investment Co.) signed all the documents of the EPC contract for the Abu Dhabi Crude Oil Pipeline project in Abu Dhabi, capital city of the United Arab Emirates. More...

Oman Block 56 Drilling Update
The exploration drilling program in Oman Block 56 is continuing and is anticipated to be completed in early January 2009. The rig has mobilised to the location of Al Jumd-1 in the northern part of the block and is expected to spud within 5 days. More...

Africa Highlights @ GulfOilandGas

Positive Appraisal on The Moho-Bilondo License
Total announces today positive appraisal results for the Moho Nord Marine-3 well, lying around 80 kilometres offshore of the Republic of Congo in 1,030 metres of water in the northern part of the Moho-Bilondo license. The discovery follows on from the Moho Nord Marine-1 and 2 finds in 2007. More...

PA Resources Makes Oil Discovery at Didon North
PA Resources has made an oil discovery at the Didon North prospect in the Zarat permit offshore Tunisia. The exploration well Didon North-1 has encountered 14 meters of oil pay in the El Gueria formation. More...

Events @ GulfOilandGas

Offshore Arabia 2009
Offshore Arabia conference and exhibition continues on its third year to highlight a number of pressing and dividing issues from a scientific perspective to the best practices and solutions for the benefit of energy and environment. More...

14th Middle East Maintenance Management Conference 2008
The 14th Maintenance Management Conference is designed to develop maintenance managers’ understanding on maintenance management concepts and to build their competencies in overcoming obstacles and devising maintenance strategies and plans.
More...

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Oil Market @ GulfOilandGas

Crude Oil Price Movements - Nov 08
The petroleum market emerged in October reacting uncertainly to the US financial bailout plan. Ample crude oil supply added to the market bearishness. The weaker economy was seen slowing oil demand growth. Hence, the OPEC Reference Basket plunged in the first week by $8.27/b or 8.4% to settle at $90.01/b. The outlook continued to deteriorate into the second week on concerns that the US financial market turmoil might spread worldwide triggering an outflow of investment away from the dollar-denominated commodities. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

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Gulf Oil and Gas Newsletters 2008

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