Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 6

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Gulf Oil and Gas Newsletters 2008

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Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 6

2/10/2008 9:07:43 AM

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Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 6

Newsletter Volume 06 Issue 06

Asia & Middle East Highlights

Shell to co-develop deepwater Gumusut-Kakap field offshore Malaysia
Shell announced that Final Investment Decision has been taken to jointly develop the Gumusut-Kakap field, located in deepwater, offshore Sabah, Malaysia. Sabah Shell Petroleum Company will be operator of the development, which will employ the region’s first deepwater Floating Production System, with a processing capacity of 150,000 barrels of oil per day. More...

Tethys Receives First Gas Revenue For Gas Sales in Kazakhstan
Tethys Petroleum has received its first payment for commercial gas sales. Tethys recently completed a 35 mile (56 km) pipeline and associated compression plant, connecting Tethys’ Kyzyloi Gas Field to the Bukhara-Urals trunkline, one of Central Asia’s major export trunklines. More...

NOL Announces Three Year Contract Award for Semi-submersible Energy Driller offshore India
Northern Offshore announced that Oil and Natural Gas Corporation Limited Drilling Services, Mumbai region, has awarded its wholly owned affiliate Jet Drilling (S) Pte. a three-year contract for the semi-submersible rig Energy Driller for operations offshore India. More...

Keppel FELS completes second major Singaporean project for Qatar
Keppel FELS Limited has completed the construction of its second jackup drilling rig for Gulf Drilling International Ltd, a joint venture between Qatar Petroleum and Japan Drilling Co. More...

Africa Highlights @ GulfOilandGas

BP Makes Fifteenth Oil Discovery in the Ultra-deep Water Block 31 Angola
Sonangol EP and BP Exploration (Angola) announced the Portia oil discovery in ultra-deepwater Block 31, offshore Angola. Portia is the fifteenth discovery that BP has drilled in Block 3. More...

Acquisition of Partial Interest in Exploration Concession in the Republic of Mozambique
Mitsui & Co., announced that it has entered into a definitive agreement with Anadarko Petroleum Corporation to acquire a partial interest in oil and gas exploration block in the Republic of Mozambique, which is being promoted by Anadarko, Empresa Nacional de Hidrocarbonetos and Artumas Group. More...

Events @ GulfOilandGas

TOG 2008
The Technology of Oil and Gas Forum and Exhibition (TOG), is the only established oil and gas event to take place in Libya on a regular basis. Since 2002, TOG has been a firm fixture in the worldwide energy calendar and is held biennially.

Asia Pacific Refinery & Petrochemical Conference 2008
Asia Pacific Refinery & Petrochemical Conference is based on booming oil markets of China, focusing on AP regional refinery and petrochemical industry. With direct markets information, the event will cover the most concerned topics of refinery, such as Asian downstream investment, new technologies for processing, international cooperation of upstream and downstream.

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Oil Market @ GulfOilandGas

Stock Movements - Jan 08
US total commercial oil stocks dropped significantly in December to hit their lowest level in the last three years of nearly 970 mb. The draw of around 32 mb in December, the biggest in ten months, which is comparable to the typical draws seen at the end of the year, was largely motivated by tax considerations. 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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