Gulf Oil and Gas Newsletter July 2007 Vol 5 Issue 26

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Gulf Oil and Gas Newsletter July 2007 Vol 5 Issue 26

7/10/2007 10:00:42 AM

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Gulf Oil and Gas Newsletter July 2007 Vol 5 Issue 26

Newsletter Volume 05 Issue 26

Middle East Highlights @ GulfOilandGas

J. Ray McDermott Awarded Pipeline Project in Qatar
J. Ray McDermott, S.A., has been awarded a contract by Qatargas 3 and Qatargas 4 for the construction engineering, transportation and installation of two 38" diameter pipelines, totaling 130 kilometers in length, and two 22" diameter interconnecting pipelines, in Qatar's North Field. More...

Transglobe Announces Well Results On Block S-1, Yemen
TransGlobe Energy Corporation announced a new Lam A oil producer at An Nagyah #26, Block S-1, Yemen (25% working interest). An Nagyah #26, which commenced drilling June 3, 2007, reached a total measured depth of 2,003 meters. More...

Africa Highlights @ GulfOilandGas

Rosa Starts Production Offshore Angola
Sonangol, as concessionaire, and Total, as operator, announced that the Angola’s deepwater Rosa field in Block 17 started production on June 18. Discovered in January 1998 at some 135 kilometres off the coast of Angola in water depths of 1,350 metres. More...

Total Gabon’s Convention of Establishment Renewed
Total announces that Total Gabon and Gabon have signed an agreement to renew for 25 years the convention of establishment, which expired on June 30, 2007. The convention of establishment defines, among other things, the legal and tax system governing Total Gabon’s concessions, operating licenses and crude transportation installations. More...

Events @ GulfOilandGas

Downstream Project Development & Optimisation
Maximising Business Agility in the Refining & Petrochemicals Industry. This Forum features some of the main players of Europe’s Downstream industry, as well as from the areas of EU prospective economic enlargement– North Africa and the Near East - to present their business development strategies.

OMNA 2007
The OMNA 2007 exhibition will be the definitive market place for companies, organisations and extractive industry professionals involved or looking to secure business in the oil, gas and mining industries in North West Africa.

Global Refining Strategies
Global Refining Strategies, Houston 2007 brings together the world’s refining leaders to explore strategies that can be implemented to improve the long-term value of the refining business in the face of tighter environmental mandates, market uncertainties and heightened security measures.

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Oil Market @ GulfOilandGas

Crude Oil Price Movements - June 07
The OPEC Reference Basket started the month on a bearish note retreating from the rise in the previous week on geopolitical issues in the Middle East. Although the Basket saw a gain on the first day of the month, however, bearishness dominated the rest of the week amid a rise in US crude stocks and easing geopolitical tensions in the Middle East and West Africa. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

www.gulfoilandgas.com

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Gulf Oil and Gas Newsletters 2007

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