| Beach Provides Update on North Shadwan Concession Egypt >> 1/13/2010 - Beach Energy Limited reported activities include: North Shadwan Concession, Gulf of Suez. The NS 377-5 oil field development well targeting oil in the Kareem Formation spudded on 12 January (Beach 20%... Chinas Yanchang to Tap Madagascar Oil Blocks Madagascar >> 1/13/2010 - Chinas Shaanxi Yanchang Petroleum Group has bought 15 percent of a Hong Kong-listed firm that operates oil blocks in Madagascar, marking one of the few non-major Chinese oil firms venturing into over... Petroceltic Updates Operations on Its Isarene Permit Algeria >> 1/12/2010 - Petroceltic International plc, the upstream oil and gas exploration and production company focused on North Africa and the Mediterranean, in association with its partner Sonatrach, the Algerian Natio... Apache Latest Oil Egypt Discovery Tests 5,085 bpd Egypt >> 1/12/2010 - Apache Corporation reported that its WKAL-A-2X discovery tested 5,085 barrels of oil and 130 thousand cubic feet (Mcf) of gas per day - the fourth successful exploration test in West Kalabsha Concessi... Dana Gas Announces a New Oil Discovery in Komombo Egypt >> 1/12/2010 - Dana Gas, the Middle Easts first and largest regional private sector natural gas company, is pleased to announce the Al Baraka-4 well, drilled as an appraisal of the Al Baraka Field in the Komombo Co... Afren Announces Successful Completion of Ebok-6 Nigeria >> 1/12/2010 - Afren Announces that The Ebok-6 appraisal well was drilled by the Transocean Adriatic IX jack up drilling unit to a total depth of 4,296 ft md on the Ebok D2 Southern Lobe (D2SL), with drilling oper... Solo Oil Announces Likonde-1 Well Spud in Tanzania Tanzania >> 1/11/2010 - Solo Oil PLC announces that it has been advised by Tullow Oil PLC, operator of the Ruvuma PSA in southern Tanzania, that the Likonde-1 well was spudded at 0730 hrs on 9th January 2010. Likonde-1 well... Alfa Laval Wins SEK 60 m Refinery Order in Algeria Algeria >> 1/8/2010 - Alfa Laval – a world leader in heat transfer, centrifugal separation and fluid handling – has received an order for Alfa Laval Packinox heat exchangers from an Algerian refinery. The order value is ab... Egypts EGPC Seeks $2 bn Financing -Bankers Egypt >> 1/8/2010 - Egypts state-owned Egyptian General Petroleum Corporation (EGPC) is looking to secure a $2 billion; 58-month debt financing that will be used for export finance, bankers close to the deal said. ... BMEL Completes New Shallow Water Seismic Program Tanzania >> 1/8/2010 - Black Marlin Energy Limited (BMEL), the Dubai based oil and gas Exploration Company is pleased to announce the completion of over 350 kilometres of shallow water marine seismic data acquisition by i... Cooper Completes Bargou 3D Seismic Acquisition Tunisia >> 1/8/2010 - Cooper Energy is pleased to announce that the marine 3D seismic survey over the Hammamet West Oil Field has been completed on time, within budget (US$1.8 million) and without incident. The 209 km2 (17... Geotrace Completes Onboard Data Processing Libya Libya >> 1/7/2010 - Geotrace has completed an onboard data processing project for BPs Sirt basin concession, offshore Libya. The 3D marine survey in Libyas Gulf of Sirt covered 17,500 sq km (6,756 sq mi). The contract ... Exile Announces Successful Appraisal Akepo Field Nigeria >> 1/7/2010 - Exile Resources Inc. announced results of the well test and completion of the Akepo-1 ST discovery (with its partners Sogenal Ltd (Oil and Gas Company) the operator and Oando Exploration and Productio... Victoria Updates On Logbaba Gas and Condensate Ops Cameroon >> 1/6/2010 - Victoria Oil & Gas Plc, the oil and gas exploration and development company with assets in Cameroon and the FSU, is pleased to announce an update on its Logbaba gas and condensate project (Logbaba) ... Beach to Provide Drilling Update in N.Shadwan Egypt >> 1/6/2010 - Beach Energy Limited provided drilling report on North Shadwan Concession - Gulf of Suez. The Nafta-1 rig has been moved to the NS 377-5 oil development well drill location (Beach 20%). ... Transglobe Updates Its Recent Operations in Egypt Egypt >> 1/5/2010 - TransGlobe Energy Corporation is pleased to provide an update on its operations and production. Two oil wells were completed since the last update provided on November 25, 2009. The Companys first ho... Dana Gas Makes 9th New Discovery and Ups Production Egypt >> 1/5/2010 - Dana Gas PJSC, the Middle Easts first and largest regional private sector natural gas company, has announced that it has successfully achieved its end of year production target for Egypt operations b... Cove Energy Completes Mozambique Offshore Farm-in Mozambique >> 1/5/2010 - Cove Energy plc, the AIM quoted upstream oil and gas company, is pleased to announce that following the receipt of the consent of the Government of the Republic of Mozambique, as represented by the Mi... Chariot Completes 3D Seismic Programme Acquisition Namibia >> 1/5/2010 - Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, is pleased to announce that the recent 3D seismic programme acquired in the Northern blocks, 1811 A & B, offshore Namibia... Aminex Provides Update on Esh El Mellaha Concession Egypt >> 1/4/2010 - Aminex is planning an active drilling programme in 2010. Aminexs West esh el Mellaha-2 concession: South Malak-1 well reached a revised total depth of 11,200 feet (3,415 metres) on 21st October 2009.... Egypt Plans to Drill 520 Exploratory Wells In 2010 Egypt >> 1/1/2010 - The Egyptian Ministry of Petroleum unveiled a plan to drill 520 exploratory oil and gas wells involving investments of USD two billion in 2010. The plan envisages drilling 36 gas wells in the country... HYD Submits Acreage Relinquishment Plan to Guinea Guinea >> 12/31/2009 - Hyperdynamics Corporation announced that the government of the Republic of Guinea has received the Companys relinquishment plan of 64% of its original offshore oil and gas contract area and its 2010-... Universal Completes the Purchase of Block 2815 Namibia >> 12/31/2009 - Universal Power Corp announced that it has completed the purchase of an additional 60% interest in Petroleum Exploration Licence (EL) 2815 offshore Namibia subject to TSX Venture Exchange approval. ... Contract Extension for Songa Saturn in Eq Guinea Equatorial Guinea >> 12/30/2009 - Songa Offshore SE is pleased to announce that a one (1) well firm, plus one (1) optional well extension agreement to the existing one well contract have been reached with CNOOC Africa Limited EG Branc... Sonatrach Announced 5 New Hydrocarbon Discoveries Algeria >> 12/29/2009 - Sonatrach announced as part of its research activities in own effort, five new hydrocarbon discoveries in the basins of Berkine and Illizi Amguid / Hassi Messaoud. ... Sudan to Export First Shipment of Ethanol Sudan >> 12/27/2009 - Sudan will start to export first shipment of Ethanol produced by Kenana Sugar Company. Last July President Omer Al-Bashir inaugurated the ethanol plant in Kenana, about 250 km south of Khartoum, where... Upstream and Downstream Business Opportunities As a leading provider of Energy Market Intelligence, Gulfoilandgas.com offers a comprehensive upstream and downstream projects data that is fully integrated with our projects news, tenders & leads database and company online stores. More... Asia & Middle East Highlights China North East Orders New Deep Well Drilling Rig Source: www.gulfoilandgas.com 12/4/2009, Location: Asia Rigs China North East Petroleum Holdings Ltd., a leading independent oil producing and oilfield services company in Northern China, announced that its oilfield services subsidiary, Song Yuan Tiancheng Drilling Engineering Co. Ltd. ("Tiancheng") has ordered a 4,000 meter drilling rig to add to its operational fleet. This new rig will be delivered this month and is expected to be fully operational by January 2010. Once the drilling rig is delivered, Tiancheng will have eight operational drilling rigs, including two with a drilling depth of 4,000 meters, three that can drill up to 3,000 meters and three with the ability to drill up to 2,000 meters. Mr. Hongjun Wang, President of China North East Petroleum commented, "We believe the addition of a new deep well drilling rig is the right strategic move for our business at this time. PetroChina has recently decided to expand its oil refinery in the northern province of Jilin and their refining capacity is expected to increase to 10 million metric tons per year, or approximately 200,000 barrels a day, up from 7 million tons annually. PetroChina is a major customer of ours and we believe that a second deep-well rig in our fleet could allow us to drill deeper into the Jilin oilfield on their behalf, potentially benefiting both our drilling services and oil production segments." Manas 1st Year Mongolian Program Completed Early Source: www.gulfoilandgas.com 12/4/2009, Location: Asia Oil Field Services Manas Petroleum Corporation is pleased to report that DWM Petroleum, its 100% owned subsidiary, has completed its year-1 work program on blocks 13 and 14 in Mongolia, ahead of schedule. The work was originally expected to be completed on April 21, 2010. The operation was managed by Boris Goldinshtein, Manas General Manager for Central Asia, with operations being performed by Manas Gobi ltd., located in Ulan Bataar. The technical work entailed the collection and processing of: - geological data from previous exploration campaigns, - geological mapping, - geological structural sections, and, - paleontolic stratigraphical work and gravimetry. The resulting technical data were merged into a data base which was then queried to identify geologically interesting structures. The results produced definitive and interesting anomalies which is planned to be further analyzed through acquired seismic studies. The Mongolian government has acknowledged their satisfaction with the technical work performed to date and have subsequently released, as of December 1, 2009, DWM s $ 2 Million Dollar Bank Guarantee. A portion of this money will be used for ongoing operational purposes with the remainder to be used to repay a debt obligation linked to the original Bank Guarantee. Manas owns a 74% interest in blocks 13 and 14, which cover an aggregate of over 20,000 square kilometers, or almost five million acres, of land located on Mongolia s southern border. Manas 1st Year Mongolian Program Completed Early Source: www.gulfoilandgas.com 12/4/2009, Location: Asia Oil Field Services Manas Petroleum Corporation is pleased to report that DWM Petroleum, its 100% owned subsidiary, has completed its year-1 work program on blocks 13 and 14 in Mongolia, ahead of schedule. The work was originally expected to be completed on April 21, 2010. The operation was managed by Boris Goldinshtein, Manas General Manager for Central Asia, with operations being performed by Manas Gobi ltd., located in Ulan Bataar. The technical work entailed the collection and processing of: - geological data from previous exploration campaigns, - geological mapping, - geological structural sections, and, - paleontolic stratigraphical work and gravimetry. The resulting technical data were merged into a data base which was then queried to identify geologically interesting structures. The results produced definitive and interesting anomalies which is planned to be further analyzed through acquired seismic studies. The Mongolian government has acknowledged their satisfaction with the technical work performed to date and have subsequently released, as of December 1, 2009, DWM s $ 2 Million Dollar Bank Guarantee. A portion of this money will be used for ongoing operational purposes with the remainder to be used to repay a debt obligation linked to the original Bank Guarantee. Manas owns a 74% interest in blocks 13 and 14, which cover an aggregate of over 20,000 square kilometers, or almost five million acres, of land located on Mongolia s southern border. Qatargas Sends First Q-Max LNG Cargo to the US Source: www.gulfoilandgas.com 12/6/2009, Location: Middle East LNG Carriers Qatargas saw the departure of the first Q-Max vessel with a liquefied natural gas (LNG) cargo onboard to the United States of America. The vessel Umm Slal, which set sail from Ras Laffan Port with 240,000 cubic meters of LNG, is expected to reach the Sabine Pass LNG terminal in Louisiana on New Year s eve. Faisal Al Suwaidi, Chairman and Chief Executive Officer of Qatargas, said: “We are really proud to send the first Q-Max LNG cargo to the United States at the end of 2009, which has been one of the most eventful years for Qatargas.” He added: “This cargo is quite exciting for us as Umm Slal will be the first Q-Max to cross Atlantic and deliver LNG to the Americas. Coming close on the heels of our first Q-Flex LNG to China, this cargo underscores the increasing role of Qatargas in providing stable energy supplies to the world – from the East to the West.” The Q-Max has 80 percent more capacity than conventional LNG carriers, with about 40 percent lower energy requirements due to the economies of scale created by their size, and the efficiency of the engines. Q-Max LNG carriers are unique to Qatar and are purpose built to allow for more efficient transport of Qatar s natural gas to markets throughout the world. Africa Highlights @ GulfOilandGas Neptune Supplies Subsea Tree Frames for Kizomba Source: www.gulfoilandgas.com 12/2/2009, Location: Africa Offshore Construction Neptune s Aberdeen based fabrication division, Neptune Deeptech, has been awarded a contract from GE Oil & Gas for the provision of five subsea tree frames that will be installed on the deepwater Kizomba Satellites Project, offshore Angola. The Kizomba Satellites Project is operated by Esso Exploration Angola (Block 15) Limited, a subsidiary of ExxonMobil Corporation. Under the terms of the agreement Neptune Deeptech will provide the tree frames over a period of nine months. All fabrication work for the project will be carried out at the company s Aberdeen facilities. Mr Lange said the contract award reflected Neptune s strategic focus on investigating new and emerging opportunities in the deepwater and frontier regions of West Africa, Brazil and the Gulf of Mexico. “Recent industry research suggests global expenditure across the world s major deepwater precincts will be more than $27 billion a year over the next four years,” he explained. “Leading the charge will be Africa that is tipped to account for 40% of the total global spend. “Projects such as this one will help to establish Neptune as a trusted provider of engineered solutions to the deepwater oil and gas industry and will provide us with additional opportunities for international expansion,” he added. Mr Lange said the new contracts were an addition to the $20 million in international projects announced recently, approximately 60% of which are due to be completed in the second half of FY2010, reflecting Neptune s second half revenue and earnings weighting. Chariot Oil to Acquire Further Seismic Off Namibia Source: www.gulfoilandgas.com 12/1/2009, Location: Africa Seismic survey Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company is pleased to announce that a second 3D seismic acquisition programme has commenced in the Northern blocks, 1811 A&B offshore Namibia. This programme will cover 600 km/sq, focusing on an area of specific interest over the previously identified Zamba prospect. The work is being undertaken by CGG Veritas. The programme is expected to be completed by the end of December and processing and interpretation will commence immediately after completion. This activity complements the previously acquired 900km/sq which will be available for review in the dataroom which is opening in the first quarter of 2010. Paul Welch, CEO commented, “This final seismic programme will conclude a comprehensive acquisition campaign undertaken across all our Namibian acreage and is of particular interest as it is being shot over a target defined from an earlier 2D seismic programme. We look forward to the results of the interpretation and will be reporting on these in due course.” | 
