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 Gulf Oil and Gas Newsletter Apr 2007 Vol 5 Issue 15
 
 5/23/2007 2:16:05 PM
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Gulf Oil and Gas Newsletter Apr 2007 Vol 5 Issue 15
Gulf Oil and gas Home Page

Newsletter Volume 05 Issue 15

  Middle East Highlights @ GulfOilandGas
Aramco Signs Deal for Shaybah Pipeline
Saudi Aramco recently signed a contract with construction contractor Stroytransgaz (Saudi Arabia) to begin construction on the new SHABAB-2 Pipeline Capacity Expansion Project.  More...
 

Tanganyika Provides Syria Operations Update
Average gross field production during the first quarter of 2007 was 2,509 bbls/d (Company net: 1,099 bbls/d). Four wells were drilled and a fifth spudded during the quarter into the Shiranish reservoir, including OD-153, which indicated oil in three new horizons .  More...
 

  Africa Highlights @ GulfOilandGas
Artumas Signs Mozambique Exploration and Production Concession Contract
Artumas Group Inc. announced the signing on April 18, 2007 by its wholly owned subsidiary Artumas Mozambique Petrleos Limitada, of the Exploration and Production Concession Contract (EPCC) for the Rovuma Onshore Block in the Rovuma Basin in northern Mozambique.  More...
 

White Nile Commences Drill Programme with First Well in Southern Sudan
White Nile Ltd announced the commencement of drilling operations with the spudding of the Kedelai exploration well in Block Ba, 200 km due north of Juba, in the Jonglei State of Southern Sudan.  More...
 

  Events @ GulfOilandGas
Russian Petroleum & Gas Congress 2007
RPGC will take place along side the MIOGE 2007 International Oil & Gas Exhibition at the Expocentre in Moscow. RPGC is Russia’s major international event dedicated to the development of the country’s oil and gas sector. 
 

OGU 2007
OGU is the only major oil and gas event in Uzbekistan, one of the fastest growing markets in the CIS.The event’s tenth anniversary in 2006 was marked by a 20% increase in both exhibition space and exhibitor numbers compared to the previous year.  
 

CEER 2007
The Ministry of Energy continues to highlight the importance of renewable energy to Algeria and the world energy market, through the 2nd international conference and exhibition CEER 2007. Algeria plays a very important role in world energy markets, both as a significant hydrocarbons producer and exporter. 
 

 

 

 



  Oil Market @ GulfOilandGas
Oil Market Highlights - Apr 07
The OPEC Reference Basket experienced volatility in March amid falling equity markets although OPEC kept output unchanged. Geopolitical concerns in the Mideast and West Africa renewed the fear premium in the market while declining gasoline inventories in the US strengthened bullish sentiments.  More...
World Oil Supply
World Oil Demand
Balance of Supply/Demand




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