Yemen Exploration & Production Co. (YEPC), a venture of Hunt Oil Co., ExxonMobil Corp., and South Korea’s SK Corp., said operations in oil fields in Yemen’s Marib region have come to a halt after the alleged violation of a contract by the Yemeni government.
Houston, has announced the signing of a global agreement with Schlumberger to provide tubular goods and services for projects managed by Schlumberger under its Integrated Project Management (IPM) service.
Arabian Gulf Oil Co.’s (AGOCO) horizontal well programs in various fields in eastern, middle, and western Libyan oil fields have successfully increased initial production rates, although complicating well completions and cleanouts.
Microhole technology involves adapting conventional coiled tubing to ultrasmall-diameter boreholes, in the range of 3-4-in. diameter and smaller than a commercially defined “slimhole.”
The Dewan Mushtaq Group of Pakistan plans to submit a commerciality declaration and development plan by the end of 2005 for Rodho gas-condensate field in the Middle Indus basin.
The LNG industry will grow more in the next 7 years than it did in its first 40 years, projects a study by Cambridge Energy Research Associates, Cambridge, Mass.
Investment in deepwater exploration, development, and production will remain strong during the next 5 years, totaling more than $20 billion/year by 2010, reported John Westwood Nov.
Although China’s demand for petroleum products will continue to grow this year, the rate of growth may decline after unprecedented growth in 2004 of nearly 15%, said Fesharaki Associates Consulting & Technical Services Inc.
Japanese Prime Minister Junichiro Koizumi and Russian President Vladimir Putin have agreed to the construction of a two-stage pipeline aimed eventually at delivering crude oil produced in eastern Siberia to the Pacific (OGJ, Nov.
Broader, earlier public involvement could be a realistic alternative to litigation under the National Environmental Policy Act, witnesses told a US House Resources Committee panel Nov.
Rising oil and gas prices and hurricane-related production disruptions have forced many US independent producers to report third-quarter accounting charges related to hedging.
Selected low-income residents of Massachusetts will receive discounted home heating oil this winter under an agreement proposed by Venezuelan President Hugo Chavez.
Saudi Aramco has completed a project to recover iso-pentane at its Yanbu’ gas terminal for use in gasoline blending, a project designed to help meet the kingdom’s increasing demand for gasoline, according to Ahmad A.
