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Petroceltic seeks Algerian extension
Thursday, March 4, 2010 |
Petroceltic, Irish exploration firm, announced that it will have more operating projects in Algeria, Italy and Tunisia in 2010.
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BP to quit five African states
Tuesday, March 2, 2010 |
BP stated that it would pull out of five countries in southern Africa, but would still invest in Egypt and South Africa.
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Success of the OMOC-N-1 well: flow over 1,700 bpd
Monday, March 1, 2010 |
The exploration well OMOC-N-1, drilled in the Onal AEE, has identified a 111-metre column of oil in the Grès du Kissenda. Pump tests have established a flow of 1,700 bpd of oil (flow limited by the pump’s maximum capacity) with an API of 33.4.
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Algeria's Sonatrach reports big gas discovery
Sunday, February 28, 2010 |
Algeria's Sonatrach announced a new natural gas discovery at El Kheit Tessekha extension-1 well in the Menzel Ledjmat contract area of the Berkine basin, flowing with a rate of 44.18 million cubic feet per day.
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Total to invest $20b in Nigeria
Thursday, February 25, 2010 |
French oil major Total SA is investing $20 billion with partners in four energy projects in Nigeria over the next four to five years, a company spokesman announced.
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Shell cuts Nigeria oil output after pipeline sabotage
Monday, February 1, 2010 |
Royal Dutch Shell had to shut down three oil flow stations in Nigeria's Niger Delta region due to a pipeline attack, the company spokeswoman said
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Libya: OPEC will not raise production
Thursday, January 14, 2010 |
A senior Libyan oil official said that his country is pleased with the current oil price, around $80 a barrel, adding that the Organization of Petroleum Exporting Countries (OPEC) is not expected to increase the production unless the price of barrel reaches $100.
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Pipeline attack cuts Chevron Nigeria oil output
Monday, January 11, 2010 |
U.S. Oil Major Chevron said it was forced to shut down 20 thousand barrels per day (bpd) of crude oil production in Nigeria after confirming a breach to one of its pipelines.
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Shell looks to offload Nigerian assets for $5bn
Sunday, January 3, 2010 |
The Anglo-Dutch supermajor Shell's plans to sell US$5 billion worth of oil assets in Nigeria has been met by bemusement by the West African state's government.
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Algeria's Khelil sees oil at $70-80 next year
Sunday, January 3, 2010 |
Oil prices are likely to hover between $70 and $80 a barrel next year if the world economy strengthens, Algerian Energy and Mines Minister Chakib Khelil said.
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CNOOC, Total and Repsol consortia win Algerian exploration permits
Monday, December 21, 2009 |
Algeria's Ministry of Energy awarded three exploration licenses out of 10 permits on offer at a public session, said the Head of the licensing committee Djilali Takkherst.
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Arous Al-Bahar discovery well flows oil, gas offshore Libya
Thursday, December 3, 2009 |
Hess Corporation's fully-owned subsidiary Hess Libya Exploration Limited (HLEL) has carried out a successful test of its discovery well A1-54/01 offshore Libya in the Mediterranean Sea.
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Shell and Halliburton push the limits of extreme well conditions in Libya
Wednesday, October 7, 2009 |
Halliburton announces the recent deployment of its new Hostile Sequential Formation Tester II (HSFT-II™) tool. This latest formation evaluation tool allows operators to evaluate formations at increased pressures and temperatures, up to 30,000 pounds per square inch (psi) and 450°F, respectively, and in boreholes as small as four inches. No other commercially available formation testing tool is rated for such operating conditions.
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