Crude output - Oman

Tuesday, February 16th, 2010

Oman aims to increase its crude output by 6% to an average of 860,000bpd in 2010, compared with 812,500bpd in 2009. The rise would mark a third consecutive year of ...


Knowledge Reservoir Realigns and Strengthens Service Offerings

Monday, February 8th, 2010

Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced a realignment and strengthening of its business structure and service offering to enable the company to more aggressively pursue ...


Knowledge Reservoir Leverages Improved Oil Recovery Expertise Across Global Projects

Monday, October 5th, 2009

 Knowledge Reservoir, a leading geosciences and engineering consulting company, today announced several new initiatives in the area of Improved Oil Recovery (IOR). Building on its reputation as the leader in deepwater ...


CGGVeritas Oman Crew Set Safety Milestone and Production Record

Friday, September 18th, 2009

CGGVeritas announced today that Ardiseis, its regional joint venture with TAQA in Oman and the wider Middle East region, achieved a double milestone with its Oman land acquisition crew who ...


Crude oil for September 2009 delivery dropped down $1.61 to $65.62 a barrel in after-hours electronic trading on the New York Mercantile Exchange. ;London Brent fell $1.33 to $68.55 a barrel on London’s ICE Futures Europe exchange ; Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day

Wednesday, July 29th, 2009

Dolphin Energy of Abu Dhabi, in a move to increase its Qatari gas supply by one billion cubic per feet per day to meet growing UAE and Omani demand and ...


Oil News from around the web,US crude for August delivery fell $1.58 to $65.15 a barrel by 0018 GMT. London Brent crude fell 74 cents to $64.87

Monday, July 6th, 2009

France's Total and China National Petroleum Corporation plan to bid for two large oil blocks being auctioned in Venezuela, instead of one in which they had already shown interest. The sources ...


KazMunayGas, ConocoPhillips and Mubadala Announce Signing of Project Agreements for Exploration and Development of N Block, Offshore Kazakhstan

Monday, June 15th, 2009

ConocoPhillips [NYSE: COP], JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and development of the ...


Crude Oil Explained

Tuesday, May 12th, 2009

Major trading centers of crude oil The major trading centers of crude oil in the world are New York Mercantile Exchange (NYMEX), CME International Petroleum Exchange of London (IPE) Tokyo Commodity Exchange (TOCOM) Types of ...


Total and INPEX launch the offshore FEED for the Ichthys LNG project in Australia

Thursday, April 30th, 2009

 Total announces that the joint venture holding the Australian exploration permit WA-285-P (Total 24%, INPEX 76% operator) has decided to launch the Front End Engineering and Design (FEED) for the ...


Heritage Oil Announces Its Annual Financial Report for the Year Ended 31 December 2008

Thursday, April 30th, 2009

CALGARY, ALBERTA--(Marketwire - April 30, 2009) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Heritage Oil Limited (LSE:HOIL) ("Heritage" or ...


Occidental Petroleum and Mubadala Sign Development and Production Sharing Agreement for the Bahrain Field Development

Monday, April 27th, 2009

LOS ANGELES, April 27, 2009 (GLOBE NEWSWIRE) -- Occidental Petroleum Corporation (NYSE:OXY) and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have ...


Heritage Announces the Sale of Its Oman Holdings for US$28 Million

Wednesday, April 8th, 2009

CALGARY, ALBERTA--(Marketwire - April 8, 2009) - THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES. Heritage Oil Limited ("Heritage" or the ...


CGGVeritas Multi-Year Extension of Oman Processing Contract

Friday, December 5th, 2008

CGGVeritas (ISIN: 0000120164 – NYSE: CGV) announced today that it has been awarded a multi-year contract extension by Petroleum Development Oman (PDO) to perform seismic data processing and imaging services ...


Occidental Petroleum Corporation and Mubadala Development Company sign epsa to develop gas fields in Oman

Monday, November 24th, 2008

ABU DHABI, November 24, 2008 — Occidental Petroleum Corporation (OXY) and Mubadala Development Company of Abu Dhabi (Mubadala) today announced the signing of an Exploration and Production Sharing Agreement (”EPSA”) ...


BG Group Interim Strategy Update

Tuesday, November 4th, 2008

Excellent exploration and appraisal results with success in eight countries so far in 2008 BG Group estimates its net share of reserves and resources in Brazil at over 3 billion boe(i) BG ...


Dolphin Energy Limited to supply gas to Oman

Sunday, November 2nd, 2008

Dolphin Energy Limited yesterday said it began to supply gas to Oman today, completing the strategic Qatar-UAE-Oman natural gas grid first proposed in 1999. The company announced that Dolphin gas from ...


Heritage Oil contracts rig to drill well in the Kurdistan region of Iraq

Thursday, October 30th, 2008

 /THIS PRESS RELEASE IS NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES./      CALGARY, Oct. 30 /CNW/ - Heritage Oil Limited (LSE: HOIL), an ...


Margins for Oman Crude Oil Futures Contracts Changed by NYMEX

Thursday, June 5th, 2008

New York, N.Y., June 4, 2008 --  The New York Mercantile Exchange, Inc. today announced margin changes for the Oman crude oil futures and financial futures contracts, effective at the ...


NYMEX to Change Margins for Oman Crude Oil Futures Contracts

Wednesday, May 21st, 2008

New York, N.Y., May 20, 2008 --  The New York Mercantile Exchange, Inc. today announced margin changes for the Oman crude oil futures contact, effective at the close of business ...


Dolphin Energy Limited Inaugurated

Tuesday, May 13th, 2008

Mohammed bin Zayed, Tamim bin Hamad inaugurate Dolphin plant His Highness Sheikh Tamim bin Hamad Al Thani, Crown Prince of Qatar, His Highness Sheikh Mohammed bin Zayed Al Nahyan, ...


Dolphin project

Thursday, May 8th, 2008

More than 500 officials and oil executives from the UAE and other countries will converge on the giant Qatari Ras Lafan industrial city next week for the formal inauguration of ...


GE Compression Technology Selected to Increase Production of Depleted Gas Wells in Oman

Friday, April 25th, 2008

Contract Covers Several Projects Over Seven Years FLORENCE, ITALY - April 24, 2008 :- For more efficient extraction of gas from depleted wells in four of its gas fields, Petroleum Development ...


HERITAGE OIL TO EXPAND INTO TANZANIA WITH TWO EXPLORATION LICENCES

Sunday, April 13th, 2008

Heritage Oil Limited, an independent upstream exploration and production company, announces the signing of documentation to farm-in to two exploration licences in Tanzania. The licences, known as the Kimbiji and ...


PDO discovers more oil

Tuesday, February 12th, 2008

Petroleum Development Oman (PDO) is pleased to announce that it has discovered significant new volumes of oil at the Budour Northeast oil field, which was itself discovered only last year. ...