Industry Developments
Tanzania
Tanzania may hold a new oil and gas exploration licensing round in 2009 should the country fail to sign agreements with oil companies for four areas that are currently under negotiations,...
2008-08-19Tunisia
Canada's Eurogas has announced that its Ras el Besh-3 well, on the Sfax offshore permit in Tunisia, has struck oil in a 10 metre (m) thick carbonate sequence in the Reineche formation....
2008-08-19United Arab Emirates
Abu Dhabi Gas Industries Company (Gasco) is looking at developing the offshore Hail sour gas field, according to London-based Middle East Economic Digest (MEED).
2008-08-18Iraq
Iraq may abandon plans to sign up to US$3bn worth of short-term technical service contracts (TSCs) with oil majors, according to a statement by Charles Ries, the co-ordinator for...
2008-08-18Nigeria
The Nigerian Government is threatening to impose harsh penalties on international oil companies (IOCs) that fail to offer a certain, as yet unspecified, amount of gas for domestic...
2008-08-18Georgia
Turkey has opted against signing a new pipeline deal with Iran. US pressure appears to have forced Ankara to back-down from plans to invest an estimated US$3.5bn in a new gas pipeline...
2008-08-15Djibouti
Libya Oil Holding Company has been awarded a US$300mn contract in the Democratic Republic of Congo to build oil storage and control station facilities and an oil pipeline.
2008-08-14Angola
After Marathon Oil received a top bid of US$1.8bn for a 20% stake in Angola's deepwater Block 32, the company is now hoping to push the price higher to US$2bn, according to sources...
2008-08-14
