Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 8

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Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 8

3/13/2008 4:59:05 PM

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Gulf Oil and Gas Newsletter Feb 2008 Vol 6 Issue 8

Newsletter Volume 06 Issue 08

Asia & Middle East Highlights

Transocean Announces Contract for GSF Explorer
Transocean announced the award of a 689-day contract by a consortium headed by Marathon International Petroleum Indonesia for the ultra-deepwater drillship GSF Explorer to drill a series of exploration wells in a deepwater province in Indonesia. More...

Salamander Energy spuds South Phu Horm 1 (SPH-1) well, Thailand
Salamander Energy announced the spudding of the South Phu Horm 1 (SPH-1) appraisal well in Block L15/43, Khorat Basin, North East Thailand. The SPH-1 location is approximately 3 km south of PH-5, the most southerly producing well on the Sinphuhorm Gas Field. More...

Reinforced cooperation with Arkhangelsk Oblast
StatoilHydro signed a Memorandum of Understanding with Arkhangelsk Oblast Administration. The agreement is another milestone in the company’s long-term commitment to the North-West Russia. More...

RasGas adds seven new Nakilat ships to its expanding LNG fleet
This week, RasGas, Teekay Nakilat and J5 will name seven Q-Flex LNG carriers, entering into RasGas charters, in ceremonies at both the Samsung Heavy Industries (SHI) and Daewoo Shipbuilding and Marine Engineering (DSME) shipyards in South Korea. More...

Africa Highlights @ GulfOilandGas

PA Resources Spuds New Well On The Didon Field
PA Resources has spudded a new well, Didon-8, on the Didon field in Tunisia. Didon-8 will be drilled into the western compartment which is expected to hold recoverable oil reserves. The third phase of the Didon field development has started by the spud of the well Didon-8 in Tunisia. More...

Circle Oil Announces Successful Completion of Moroccan Seismic Survey
Circle Oil announced the successful completion of the 3D seismic acquisition programme in the Sebou and Gaddari areas of its concession in the Rharb Basin Morocco. A total of 145 square kilometres of 3D seismic with a 12.5 metre bin size and 57 line kilometres of 2D seismic data have been acquired by PGS Onshore. More...

Events @ GulfOilandGas

Oil & Gas Refinery Asia 2008
This conference will address the challenges faced by the refiners in all the emerging markets and will cover key topics such as refinery economics, supply and demand issues, investment strategies and opportunities, the impact of high oil prices, refinery integration as well as the latest in technological advances and the expansion of low-cost production facilities.

Middle East Pipeline Infrastructure & Safety Forum
Pipeline transportation systems in the Middle East have been increasingly under the spotlight after the recent massive surge in export demand. As a result of increased product demand from both local and international markets, the Middle East is well aware of the importance of transporting oil and gas to respective markets as cost effectively as possible.

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Oil Market @ GulfOilandGas

Oil Market Highlights - Feb 08
The OPEC Reference Basket averaged $1.31 or 1.5% higher in January at $88.50/b. The Basket was sharply volatile in the first month of the year, reaching a record-high of $93.78/b on 3 January before declining again to $83.84/b on 22 January, the lowest level in some three months. 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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