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 Gulf Oil and Gas Newsletter May 2008 Vol 6 Issue 22
 
 6/3/2008 9:36:54 AM
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Gulf Oil and Gas Newsletter May 2008 Vol 6 Issue 22
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Newsletter Volume 06 Issue 22

 Asia & Middle East Highlights
Eni wins a new exploration block in Indonesia
Following an International Licensing Round, Indonesia has awarded a new exploration block to Eni. The West Timor Block is located in onshore and offshore the south-west region of Timor Island and encompasses some 4,075 square km, of which 2,725 square km offhsore and 1,350 square km onshore.  More...
 

Total announces a significant discovery of gas and condensates, offshore Brunei
Total announced a significant discovery of gas and condensates on Block B, offshore Brunei, in a water depth of 62 metres, approximately 50 kilometres from the coast. Total, with a participation of 37.5% is the operator of this block, in association with Shell (35%) and local partners (27.5%).  More...
 

Petronas Awards PSC for Blocks PM303 and PM324 Offshore Malaysia
Petronas awarded a Production Sharing Contract for Blocks PM303 and PM324 offshore Peninsular Malaysia to Total E&P Malaysia and Petronas Carigali Sdn Bhd. Blocks PM303 and PM324 are located in the central part of the Malay Basin in water depths ranging from 50 metres to 80 metres.  More...
 

Natco Technologies to be Used in the Manifa Arabian Heavy Crude Programme
Natco Group announced that it will provide equipment and technology to Foster Wheeler for the Saudi Aramco Manifa Arabian Heavy Crude Programme, in the Kingdom of Saudi Arabia.  More...
 
 Africa Highlights @ GulfOilandGas
Saipem awarded by Total E&P new offshore contract in Angola
Saipem awarded by Total E&P Angola offshore contract. This contarct is for the Block 17 Gas Export Project consisting of exporting Block 17 gas to Block 2 area for injection into two oil depleted reservoirs located off the Angolan shore, about 230 kilometres northwest of Luanda.  More...
 

NOC signs Production Sharing Agreement with the Consortium of Sonatrach, Oil India and Indian Oil
NOC signed an Exploration and Production Sharing Agreement with a Consortium led by Sonatrach (Operator) and Oil India and Indian Oil. The Agreement covers Contract Area (95/96) Blocks 2/1, 2&4 in Ghadames basin.  More...
 
 Events @ GulfOilandGas
Asian Oil & Gas Show 2008
With rapidly increased interests and needs in the oil and gas industry in Asia-Pacific region, INDEX Conferences & Exhibitions Organisation Est. is delighted to host the ‘Asian Oil and Gas Show 2008’ with the Korea Petroleum Association, which will be a platform for opportunities and future developments in exploration, production, marketing, finance and environment of oil and gas business, including any other relevant areas.  
 

OH&S Week
The Occupational Health and Safety Week (OHS Week, 22 – 26 June 2008, Dubai) represents a unique learning and networking opportunity for all health and safety professionals. With safety a top concern, OHS Week is pleased to incorporate the 6th Annual Safety Management Congress where safety professionals will demonstrate how they devised policies and implemented strategies to ensure compliance with regulatory authorities. 
 


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  Oil Market @ GulfOilandGas
The Oil Futures Market - May 08
The CFTC reported that in the first weekly period non-commercials on the Nymex reduced net positions by 6,800 lots to net longs of 47,100, the narrowest level in eight weeks. Nonetheless, open interest volume rose by some 19,000 to 1,381,600.  More...
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