Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 35

Forum Home

Aggregated

Oil and Gas Newletters

Gulf Oil and Gas Newsletters 2008

Gulf Oil and Ga...

Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 35

9/29/2008 2:32:38 PM

US_NL

171 posts

Gulf Oil and Gas Newsletter Aug 2008 Vol 6 Issue 35

Newsletter Volume 06 Issue 35

Asia & Middle East Highlights

Vantage Drilling Company Announces Contract Award for Ultra-Premium Jackup Emerald Driller
Vantage Drilling Company announced that its ultra-premium jackup rig, the Emerald Driller awarded a two year contract to operate in Southeast Asia. The contract is expected to commence early February 2009, following the completion of its construction and commissioning activities in Singapore. More...

CGGVeritas Announces Award for Ultra High-Density Land Seismic Contract
CGGVeritas awarded a contract by Qatar Petroleum to undertake a large, ultra high-density high-resolution onshore seismic survey. The expected value of the contract is approximately $140 million dollars. Work on the project will commence around year-end 2008 and is anticipated to have a duration of about thirty months. More...

Scorpion Offshore Receives Letter of Commitment for Offshore Freedom
Scorpion International, through its Saudi Arabian venture partner, Odfjell Drilling Services LLC, received a letter of commitment for the Offshore Freedom for operations in the Arabian Gulf beginning late first quarter 2009. The proposed contract is for 4 years and is anticipated to generate approximately US$ 282 million in revenue. More...

Soco Announces Successful Vietnam Appraisal Well
SOCO Vietnam Ltd., announced that the Te Giac Trang appraisal well, the TGT-7X on Block 16-1 in the Cuu Long Basin offshore Vietnam, flowed at a combined maximum rate of approximately 8,100 barrels of oil per day ('BOPD') from two drill stem tests ('DSTs'). More...

Africa Highlights @ GulfOilandGas

Vanco and Lukoil Secure Drilling Unit for Ghana Deepwater Drilling
Vanco Ghana Ltd, together with partner Lukoil Overseas Ghana Ltd, completed contractual arrangements for the Aban Abraham drillship to drill the Dzata-1 well, which will be the first exploration test on the Cape Three Points Deepwater block, offshore Ghana. More...

Candax Spuds Ezzaouia 18 Well Onshore Tunisia
Candax Energy announced that Ezzaouia 18 well (31.4% WI), onshore Tunisia was spudded. The well is targeting an area in the western side of the Ezzaouia field which based on the reservoir mapping and modelling, has un-developed up-dip reserves in the main productive Jurassic reservoir. More...

Events @ GulfOilandGas

3rd MENA Aromatics & Derivatives
CMT's 3rd MENA Aromatics & Derivatives conference scheduled on 21-22 Oct 2008 in Doha, Qatar will bring together leading industry panels to discuss pertinent issues including the development of new Middle East capacities & its impact on global BTX trade patterns, project status in Qatar, Abu Dhabi, Kuwait, Saudi Arabia, India & Eastern Europe.

12th African Oil, Gas & Minerals, Trade and Finance Conference and Exhibition
The 2008 Conference will be jointly organized by UNCTAD and the Government of Equatorial Guinea through its Ministry of Mines, Industry and Energy of Equatorial Guinea, in cooperation with Cubic Globe Ltd.

Brought to you by:

Oil Market @ GulfOilandGas

The Oil Futures Market - Aug 08
The petroleum complex emerged the month on a strong bullish trend. A draw on the US crude oil stocks, the weak dollar exchange rate and escalating geopolitical tensions in the Mideast were the main drivers. In the first weekly period, Nymex WTI front month contracts averaged $3.79 firmer at $139.07/b, after peaking above the $140/b level for the first time. More...

World Oil Supply
World Oil Demand
Balance of Supply/Demand

www.gulfoilandgas.com

Page 1 of 1

Aggregated

Oil and Gas Newletters

Gulf Oil and Gas Newsletters 2008

Gulf Oil and Ga...