Thursday 20 June 2013
 
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Oil exploration

Total joins Exxon, Kufpec in S Sudan oil search

French oil company Total will partner with US major Exxon Mobil and Kuwait's Kufpec in South Sudan to search for oil in the restive Jonglei state, a senior lawmaker in the African country said. Sudan's 1983-2005 civil war

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Total to start Libya offshore exploration in May

France's Total said it aimed to start offshore exploratory drilling in Libya next month for gas, in a further sign the Opec member's energy industry is returning to normal after the 2011 war. Speaking at the Libya Oil &

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Staying power in a volatile region

He is one of the Middle East oil and gas industry’s most powerful men. And probably one of its busier individuals, in charge of a portfolio of strategic interests stretching across the region. But in the relative calm of corporate headquar

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Terra wins Kuwait Oil Company deal

   Terra Energy & Resource Technologies, a natural resource exploration technology company, has been granted a services contract by Kuwait Oil Company (KOC) for oil and gas exploration in Kuwait.   &nbs

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Iraq to sign major oil exploration deals

Iraq will sign initial contracts in July with three foreign companies that won deals to explore oil and gas blocks as it looks to attract more foreign investment to develop its energy sector. The Opec member is expected to be the world'

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Exxon signs deals with Iraqi Kurds: FT

Exxon Mobil last month signed oil and gas exploration deals with Iraq's Kurdistan, becoming the first oil major to deal with the region which has had strained relations with Baghdad, the Financial Times said on Friday. It agreed with the K

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ECG invests $60m in US oil exploration firm

Energy Capital Group (ECG), a private global investment firm, has made a strategic investment of $60 million in US-based NEOS GeoSolutions, a provider of exploration solutions in the onshore oil and gas and mining industries. The investmen

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RAK Petroleum posts $5.17m operating profit

UAE-based RAK Petroleum Public Company, which operates key oil blocks in the Gulf region, has posted a net operating profit of Dh19 million ($5.17 million) for the first quarter on turnover of Dh63 million. Announcing the results for the q

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Apache, Dana in Egypt oil exploration deals

Apache Corp, Dana Petroleum and Merlon International will explore for oil in Egypt's western desert under deals signed with the government on Thursday, state news agency MENA reported. Apache and Dana will drill five exploratory wells

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Dubai's EAX steps up Seychelles exploration

Dubai-based East Africa Exploration (EAX) and partner Britain's Avana Petroleum have started a second seismic survey of part of the Seychelles' seabed estimated to hold more than one billion barrels of oil. The oil and gas explorat

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