:: Azeri, Iranian presidents open natural gas pipeline
Posted: 02 January 2006
Azeri President Ilham Aliyev and his Iranian counterpart Mahmoud Ahmadinejad opened a natural gas pipeline last month. The pipeline is designed to supply the Nakhichevan province with Iranian gas.

:: Green light for Philippines E&P
Posted: 02 January 2006
Philippine President Gloria Macapagal-Arroyo gave the green light for the immediate exploration and production of the Camago-Malampaya reservoir in the central province of Palawan.

:: Iran’s Anaran block is Norsk Hydro’s 2006 highlight
Posted: 02 January 2006
Norsk Hydro has proved more than 1 billion barrels of crude at the Iranian Anaran field, said Hydro exploration executive Erik Finnstroem.

:: EPC contract awarded for two major LNG Projects
Posted: 02 January 2006
Qatar Petroleum (QP), ConocoPhillips, and Shell awarded two major LNG contracts to Chiyoda and Technip France Joint Venture for Qatargas 3 and 4 LNG projects.

:: Aramco’s new operating plan sees more oil wells, new petrochemical opportunities
Posted: 02 January 2006
ue to unprecedented corporate push to increase oil output to help meet burgeoning global demand, Saudi Aramco’s newly approved Operating Plan anticipates that its drilling rig fleet will more than from year-end 2004 through 2006. The plan projects a 61 percent increase in the number of development wells drilled in 2006 from 2005.

:: Another gas discovery in Austria
Posted: 02 January 2006
OMV made a new gas discovery in the Vienna Basin , the second this year following the success in Strasshof announced in the second quarter.

:: New oil company to be set up in Kuwait
Posted: 02 January 2006
The Gulf Investment House said it plans to float a company for special services in the oil sector in the coming months.

:: Drilling equipment contract to Weatherford
Posted: 02 January 2006
Hydro has awarded oil services company Weatherford a frame agreement for delivery of centralizer equipment to all Hydro drilling operations in the Norwegian offshore sector.

:: Weatherford completes pre-commissioning in offshore Libya
Posted: 02 January 2006
Weatherford Libya has completed pre-commissioning work for Saipem Offshore Libya. Work included flooding, cleaning, hydrotesting, dewatering, nitrogen packing and caliper pig inspection of five pipelines.

:: Latest compressor to be installed in Indonesia’s LNG project
Posted: 02 January 2006
GE's Oil & Gas group has completed the testing of its new AN250 axial compressor. The new compressor offers a 20 per cent increase in capacity, the company reported during its Turbomachinery Symposium last month.

:: BJ appoints new Middle East manager
Posted: 02 January 2006
BJ Services has appointed Carl Mook as Middle East & Asia Pacific manager. He will oversee all financial and operations management for the division throughout the region.

:: Oil discovered in the deepest well drilled in the US Gulf of Mexico
Posted: 02 January 2006
Significant new deepwater oil was discovered in the deepest well drilled in the US Gulf of Mexico.

:: Oil price to set new records in 2006
Posted: 02 January 2006
Year 2006 promises a very high potential for oil prices to set new records, says Dr A.F. Alhajji, Gulf Energy Program Moderator, Dubai-based Gulf Research Center at the recent Media Energy Workshop.

:: Peru to use GE’s compression technology
Posted: 02 January 2006
GE's Oil & Gas group will supply two turbo-compressor trains to Pluspetrol Perú Corporation S.A., the operator of Block 56 of the Pagoreni gas field, a remote region 500 kilometres east of Lima, Perú.

:: SPS awarded multi million wellbore contracts
Posted: 02 January 2006
Talisman Energy has awarded SPS a £5 million contract to provide wellbore assurance services for its assets in the UKand Norwegian sectors of the North Sea . The three year contract includes wellbore cleanup, pit cleaning services and supply of surface filtration services.

:: Statoil employs agent software to boost responsiveness
Posted: 02 January 2006
Norwegian-based Statoil, one of the world's largest suppliers of crude oil and natural gas, is developing software to support oil trading and operations management, using the JACK intelligent agent development toolkit from Agent Oriented Software (AOS), with additional application development support from Cambridge Consultants.

:: Verenex’ 2006 budget for Libyan exploration approved
Posted: 02 January 2006
Verenex has unanimously approved a $48 million budget for 2006 Libyan exploration programme particularly in Area 47.

:: Schlumberger marks 25 years in China
Posted: 02 January 2006
Schlumberger recently marked 25 years of continuous operation between the three Chinese major resource holders: PetroChina, Sinopec and CNOOC.

:: New career site launched
Posted: 02 January 2006
Statoil recently launched its updated website www.statoil.com for careers and recruitment. Aimed at everyone looking for a job, a traineeship or an apprenticeship with the company, the site provides an overview of vacancies, the group’s selection criteria.