Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 2

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Gulf Oil and Gas Newsletters 2008

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Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 2

2/10/2008 8:51:07 AM

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Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 2

Newsletter Volume 06 Issue 02

Asia & Middle East Highlights

Hardy announced Commencement of Drilling Exploration Well on India Licence
Hardy Oil and Gas announced the spudding of its first exploration well KGV-D3-A1 on the KG-DWN-2003/1 (D3) exploration licence on the East coast Krishna-Godavari deep water basin in India. More...

WorleyParsons Awarded Contract by Sarawak Shell Bhd
WorleyParsons announced that its Malaysian joint venture, Ranhill WorleyParsons, has been awarded a three year Maintenance Engineering Services Contract by Sarawak Shell Bhd. The Contract will have expected revenue of US$60million. More...

Edison Signs a contract for the exploration of hydrocarbons in Iran
Edison strengthens its upstream operations: the objective is to achieve annual production equal to 15% of the Group’s total needs. During a ceremony attended by Iran’s Oil Minister Gholam Hossein Nozari, Edison signed today a contract for the exploration of hydrocarbons in Iran. More...

Signatures Launch RT Expansion Project
Progress on the Ras Tanura Refinery Arabian Heavy Expansion Project took a major step forward recently as Mohammed Y. Al-Qahtani, president and CEO of Aramco Services Co., and Edward Pagano, president of U.S. Operations for the Worley Parsons Resources and Energy Co., signed an agreement to launch the first phase of the project . More...

Africa Highlights @ GulfOilandGas

ExxonMobil announces start of Kizomba C
Exxon Mobil announced that it has started production from the Kizomba C development, designed to develop 600 million barrels of oil from the Mondo, Saxi and Batuque fields in approximately 2,400 feet (800 meters) of water more than 90 miles (145 kilometers) off the coast of Angola. More...

FCP Completes FEED Study For MLE Field Development in Algeria
First Calgary Petroleum in partnership with Sonatrach, announced that the Front End Engineering and Design Study undertaken by Genesis for the MLE field development work has now been successfully completed and was on budget. More...

Events @ GulfOilandGas

SAOGE 2008 - Saudi Arabia International Oil & Gas Exhibition & Conference
SAOGE 2008 - Saudi Arabia International Oil & Gas Exhibition & Conference will be held in Dhahran, Saudi Arabia, from 16th to 18th June 2008, hosted and supported by Saudi Aramco. It will be the sole event in Saudi Arabia in the Oil & Gas industry.

Global Refining Summit 2008
Join us in Barcelona for Global Refining 2008 – the annual ‘must attend’ conference and networking event that brings together refinery operators from the world’s leading oil and gas companies.

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Oil Market @ GulfOilandGas

The Oil Futures Market - Dec 07
Lower interest rates and a drop in US crude oil stocks inspired speculative flows into the oil futures market at a time when the dollar exchange rate weakened. Geopolitical developments in the Mideast and the prospect of a healthy US economy maintained the bullish market sentiment. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

www.gulfoilandgas.com

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Gulf Oil and Gas Newsletters 2008

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