Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 3

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Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 3

2/10/2008 8:57:35 AM

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Gulf Oil and Gas Newsletter Jan 2008 Vol 6 Issue 3

Newsletter Volume 06 Issue 03

Asia & Middle East Highlights

Technip awarded EPCM contract for a new generation biodiesel plant in Singapore
Technip has been selected by Neste Oil Corporation as contractor for the engineering, procurement and construction management (EPCM) of its new generation NExBTL renewable diesel plant to be built in Singapore. The companies intend to continue their partnership for other future NExBTL plants. More...

Tethys Announced AKK13 New Gas Discovery
Tethys Petroleum Limited announced a new gas discovery with the results of the Akkulka AKK13 exploration well in Kazakhstan. The AKK13 well was drilled some 3.6 miles (5.7 km) north-west of AKK12 to a total depth of 1.910 feet (582 metres). More...

Qatar Petroleum International and Gaz de France establish long-term partnership
Chairman of Qatar Petroleum and Chairman of Gaz de France signed a partnership agreement in Doha. This memorandum of understanding plans the development of cooperation between the two groups at an international level, in particular in the areas of exploration-production, liquefied natural gas (LNG), gas storage and downstream activities. More...

AMEC wins £163m oil and gas contract extension in Kuwait
AMEC has had a major project management consultancy services contract renewed by Kuwait Oil Company (KOC). The contract is worth approximately £163m (92,999,522KWD) over the next five years. The contract covers consultancy services in project management, front-end engineering and related activities for KOC's upstream oil and gas assets in Kuwait. More...

Africa Highlights @ GulfOilandGas

Eni Starts Production From Mondo Field, Deepwater Angola
Eni has started production from Kizomba C Project – Mondo field, located deepwater at some 145 km off the coast of Angola. The Kizomba C Project includes the development of the Mondo, Saxi and Batuque fields, located in the Block 15 at a water depth of some 800 meters, through two floating production, storage and offloading (FPSO) vessels and a total of 36 subsea wells. More...

White Nile Production Sharing Agreement signed in Ethiopia
White Nile has signed a Production Sharing Agreement with the Government of Ethiopia for a 29,000 sq km block in the Southern Rift Basin in south-western Ethiopia. Under the terms of the PSA, White Nile has received sole rights for the exploration, development and production of petroleum in the contract area in return for satisfying various development commitments. More...

Events @ GulfOilandGas

MOC 2008
MOC 2008 Mediterranean Offshore Conference & Exhibition will be held on May 20-22, 2008 in Alexandria, Egypt with the High Patronage of the Minister of Petroleum of Egypt.

MMEC 2008, Mozambique Mining & Energy Conference
MMEC is designed to showcase and explore developments in Mozambique’s minerals and energy resources, organised jointly by AGMM and AME Trade Ltd. The event will focus on the potential opportunities, lessons learned by key investors and current developments in these sectors.

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Oil Market @ GulfOilandGas

Stock Movements - Dec 07
USA: US commercial oil stocks followed their seasonal trend falling a further 12 mb to stand at 1,002 mb at the end of November, around 4 mb above the five-year average. The drop was roughly split between crude oil and products. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

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