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 Gulf Oil and Gas Newsletter Mar 2007 Vol 5 Issue 13
 
 5/23/2007 1:52:26 PM
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Gulf Oil and Gas Newsletter Mar 2007 Vol 5 Issue 13
Gulf Oil and gas Home Page

Newsletter Volume 05 Issue 13

  Middle East Highlights @ GulfOilandGas
Tethys Oil to Commence Re-entry Well in Oman
Dalma Land Rig 3 will be mobilized from Block 44, located about 90 kilometres away from Block 15. The mobilization and the rig up of the 115 rig loads and 11 camp loads are expected to take 8 – 10 days.  More... 		 

Calibre Provides Update on Bina-Bawi 1 Exploration Well in Northern Iraq
Calibre Energy, Inc. announced that the Bina-Bawi 1 exploration well, located in Iraqi Kurdistan, was waiting on material and testing equipment for the planned testing of the well .  More... 		 

  Africa Highlights @ GulfOilandGas
Statoil Completes First Hassi Mouina Well
Operator Statoil in partnership with Sonatrach have completed and tested its first onshore exploration and appraisal well in the Hassi Mouina licence in the Sahara Desert, Algeria. The companies are now underway with the drilling of licence well number two.  More... 		 

Gazprom Signs PSA With NOC
A Production Sharing Agreement (PSA) has signed between Gazprom and Libyan National Oil Company (NOC) as regards hydrocarbon exploration and development in Block 19 of Libya’s Mediterranean Sea offshore.  More... 		 

  Events @ GulfOilandGas
Atyrau 2007
Atyrau Oil & Gas is a well-established regional event. The exhibition takes place annually and hosts 130 exhibitors from 13 countries worldwide. The event has grown steadily over the last few years. In 2006, the number of exhibitors grew by 20% in comparison with the previous year.  		 

Oiltech 2007
The growing potential of Atyrau Region and implementation of the Caspian basin development project draws a great deal of interest from companies throughout the world and contributes to the success of oil and gas exhibitions annually held in Atyrau. The number of exhibitors is growing every year.   		 

Global Refining Strategies 2007
The Global Refining Strategies 2007 brings together heads of refining from the world’s leading oil and gas companies to address the key issues associated with current supply shortages and explore the latest strategies and technologies that can be implemented to ensure profitable operations for the future.   		 

 

 

 

  Oil Market @ GulfOilandGas
Oil Trade - Mar 07
OECD crude oil imports increased 323,000 b/d in January to average around 30.7 mb/d supported by the rise in US crude oil imports. Product imports stood at 12.6 mb/d, a gain of 400,000 b/d from the previous month. Similarly, crude oil and product exports rose by around 30,000 b/d and 200,000 to average 6.9 mb/d and 10.2 mb/d respectively. Consequently, OECD net crude oil and product imports increased by 480,000 b/d to average 26.3 mb/d in January.  More...
World Oil Supply
World Oil Demand
Balance of Supply/Demand



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