Tag: oil and gas

According to The Tehran Times, a development plan for joint gas and oil fields has been put on the agenda by the Oil Ministry.

A treaty between the UK and Norway that will pave the way to a USD 2 billion worth of additional North Sea oil and gas investment by 2010 is expected to be signed early next year.

Russian energy companies have agreed to help rebuild Afghanistan's devastated oil and gas industries.

Sandvik Steel AB (Sweden) and Swagelok (USA) have together produced an integrated fluid system solution using Sandvik’s super duplex stainless steel grade SAF 2507™, that performs successfully in highly corrosive, chloride-containing environments, such as oil and gas exploration and production.

ChevronTexaco plans to invest USD 3 billion in its projects at the major oil and gas field Tenghiz in Atyrau region in western Kazakhstan, Chevron-Texaco Vice President George L. Kirkland has said.

Vietnam has signed a contract worth USD 21 million to explore and exploit oil and gas offshore Touggourt, some 700km from Algiers.

BJ Tubular Services (Aberdeen, Scotland) is increasing its South American presence with a new operations base in Macae, Brazil, located approximately 250km north of Rio de Janeiro.

Petronas, together with Empresa Nacional de Hidrocarbonetos de Mocambique (ENH), has been awarded the exploration and production contract for the offshore Zambezi Delta Block by the government of Mozambique.

El Paso Energy Partners LP has entered into an agreement with Pioneer Natural Resources Co. and Mariner Energy Inc. to construct, instal, own and operate a new production hub platform and associated facilities for Falcon field on East Breaks Blocks 579, 580, and 623 in the Gulf of Mexico.

The US Senate has voted to reshape US energy policy for the first time in more than a decade, approving USD 14 billion in tax incentives to create or save power, but rejecting oil drilling in an Alaskan wildlife refuge.