Market intelligence, trend analysis and forecasts for the Oil and Gas industries across the regions

Industry Developments

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Mozambique

South Africa's Sasol Petroleum Sofala has announced the completion of its first exploration well in blocks 16 and 19 offshore Mozambique.

2008-11-21

Ghana

Japanese conglomerate Mitsui has acquired a 20% stake in the Keta Block offshore Ghana from independent oil and gas explorer Afren. Japanese companies have been increasingly active... 2008-11-21


Turkey

ExxonMobil and Turkish state-owned Türkiye Petrolleri Anonim Ortakligi (TPAO) have announced an agreement to invest up to US$450mn on exploration projects in the Back Sea.

2008-11-20

Syria

UK explorer Gulfsands Petroleum has announced that its Yousefieh-1 well in Syria's Block 26 has struck 63 metres (m) of net oil pay in Cretaceous sediments.

2008-11-19

Saudi Arabia

Saudi Arabia's state-owned Saudi Aramco has announced that it has cancelled a contract for the development of the Manifa oil field that it awarded to Italy's Snamprogetti, a... 2008-11-19


Iran

Iran has signed a Memorandum of Understanding (MoU) with Turkey covering the joint development of Phases 22-24 of the South Pars gas field and setting out plans to transport gas from... 2008-11-18


Qatar

Wintershall, a wholly-owned subsidiary of Germany's BASF, has announced that it has been awarded operatorship of another exploration licence offshore Qatar.

2008-11-18

Saudi Arabia

French oil major Total said on November 12 that the award of construction tenders for its US$10bn Jubail refinery joint venture (JV) with Saudi Aramco has been delayed because of... 2008-11-17


Iraq

Turkey's state owned oil company Türkiye Petrolleri Anonim Ortakligi (TPAO) is entering the final stage of talks with Anglo-Dutch major Royal Dutch Shell on jointly bidding for... 2008-11-17


China

State-run National Iranian Oil Company (NIOC) has signed a development plan for Iran's North Pars gas field with China National Offshore Oil Corporation (CNC), according to an NIOC... 2008-11-14

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