BP, CNPC win Iraqi Rumaila Oil Field development deal: BP and China National Petroleum Corp. have won a contract for the development of Iraq's Rumaila oil field, the first of eight giant Iraqi oil and gas development projects for which Iraq began receiving bids Tuesday, Iraqi officials said.
Chevron achieves first Steam Injection at Steamflood project onshore PNZ : Chevron announced that its subsidiary, Saudi Arabian Chevron (SAC), has achieved first steam injection at its Large Scale Pilot (LSP) steamflood project at the Wafra Field, an Eocene heavy-oil carbonate reservoir in the onshore Partitioned Neutral Zone (PNZ).
Iran Largest China Crude Supplier: Energy Intelligence reported that Chinese crude imports rose by 5.5 percent to 4.04 million barrels per day in May, with Iran becoming the largest supplier.
Qatar becomes first GCC nation to supply LNG to East Europe: Qatar has agreed to supply one million tonnes of liquefied natural gas (LNG) per year to Poland to further expand its global supply network and become the first Gulf Arab LNG producer to penetrate the growing East European gas market.
Saudi Aramco and ConocoPhillips Relaunch bidding process for Yanbu project: The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips announce the re-launch of the bidding process for the construction of the planned 400,000 barrel-per-day export refinery at the Yanbu Industrial City, in the Kingdom of Saudi Arabia.
Iraq pushes ahead with second round: Iraq plans to bring forward a second bidding round for major energy contracts, a spokesman said today, adding Baghdad may also give foreign players another chance to bid for oilfields that were not awarded during an energy auction this week.
Petrofac awarded Gas Compression Project in Oman: Petrofac, the international oil & gas facilities service provider, has been awarded a contract worth more than US$350 million for the Kauther gas-field depletion-compression project. The contract was awarded on behalf of the Government of Oman by Petroleum Development Oman (PDO), which has been developing the Sultanate's gas fields on behalf of the Government since 1978.
Oil shoots back above 70 dollars: Oil rebounded above 70 dollars per barrel on Wednesday, after sharp losses the previous day, as traders awaited the weekly update on energy inventories in leading consumer the United States.
ExxonMobil kicks off deepwater drilling at Libya Well : Exxon Mobil Corp. said it is beginning to drill the first of three deepwater exploration wells off the coast of Libya, ramping up activity in the oil-rich nation by the world's largest publicly traded oil company.
Natural Gas Daily
01-07-2009
|
3.80
Egypt Suez Blend 33 Weekly
26-06-2009
|
64.36
Current Rig Utilization in Egypt - May 09
Stock Market
Alexandria Mineral Oils
(AMOC.CA)
Date
|
Start
|
End
02-07-2009
|
47.87
|
48.63
Sidi Kerir Petrochemicals
(SKPC.CA)
02-07-2009
|
11.70
|
12.47
Currency Exchange Rates02-07-2009
US Dollar
5.5855 EGP
Euro
7.8872 EGP
Sterling
9.2613 EGP
Yen
5.8538EGP
Egypt Rig Market Report 2009
Addressing rig count statistical overview, main contractors and operators in Egypt, daily rig rates analysis of 2007- 2008, the challenges faced in the rig market in Egypt and more.
EOG is proud to announce the success of its
"Integrated Solutions for Horizontal Well Design Workshop"
Held from 7-10 July 2008 at the Maritim Jolie Ville Resort &
Casino Hotel in Sharm El Sheikh-Egypt
