Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 34

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Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 34

9/29/2008 2:25:43 PM

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Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 34

Newsletter Volume 06 Issue 34

Asia & Middle East Highlights

PTTEP Inked MOU on FLNG Alliance with Golar LNG
PTTEP signed the Memorandum of Understanding with Golar LNG Limited to collaboratively develop Floating Liquefaction Natural Gas production (FLNG) globally. This collaboration starts the new PTTEP’s strategic direction to expand its E&P business and to drive its growth from commercializing stranded gas and to secure natural gas supply to Thailand. More...

The refining base of Dalian Petrochemical becomes operational
The last newly-built unit-hydrocracking unit of the refining base at Dalian Petrochemical, was successfully started up at the first try. This represented that China's largest refining base, whose primary and secondary processing capacity totaled 20.5 million tons, being put into full operation. More...

Samsung Engineering Awarded 314 million USD Bahrain oil refinery order
Samsung Engineering awarded a 314 million USD oil refinery order from Bahrain's National oil company, Bapco, Nogaholding and Finland's Neste Oil Oyj joint venture under the name Bahrain Base Oil Company. The lube base oil plant will be built on Persia's coast in the Sitrah, Bahrain region where an essential oil shipping port is located. More...

Tethys Oil Announces Jas 2 Drilling Successfully Completed
The drilling of the JAS-2 well on Block 15 onshore Oman has finished and the well has reached a total measured depth of 4,018 metres. A horizontal section of 927 metres has been drilled in the reservoir section at a vertical depth of just over 3,000 metres. An extensive test programme will commence next week. More...

Africa Highlights @ GulfOilandGas

Tethys Oil Announced Drilling Rig Signed For Exploration Well Onshore Morocco
A drilling rig contract for the drilling of an exploration well on the Bouanane licence onshore Morocco has been entered into by the operator Dana Petroleum on behalf of the partner group including Tethys Oil and Eastern Petroleum. More...

PA Resources Farm-In To Tunisia Exploration Licence
PA Resources farmed-in to a 35 percent working interest in the onshore exploration permit Jenein Centre in southern Tunisia under an agreement with the Canadian oil and gas company Storm Ventures International Inc. More...

Events @ GulfOilandGas

Exploration & Production Technology Summit
Building on four years of success in providing timely information and world-class events to the European E&P market, the Exploration & Production Technology Summit now crosses the Atlantic to deliver an unparalleled event experience to North America’s most progressive E&P operators, oil & gas majors, growing Independents and emerging junior E&P corporations.

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.

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Oil Market @ GulfOilandGas

Oil Market Highlights - Aug 08
The OPEC Reference Basket rose $2.89/b or 2% in July to set a new monthly high of $131.22/b. In daily terms, the Basket jumped sharply higher in the first days of the month to peaking at $140.73 on 4 July with US dollar weakness and geopolitical tensions dominated the upward trend. 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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