Recent Articles

KOGAS Says Starts Commercial Crude Oil Production in Iraq's Badra
Monday, September 01, 2014 Korea Gas Corp starts commercial crude production in Iraq's Badra oilfield as planned, the state-run South Korean company says.
Turkey's TPAO Signs $1.5B Deal To Buy Total's Stake In Azeri Gas Project
Friday, May 30, 2014 TPAO signs a $1.5B deal to acquire Total's 10% stake in Azerbaijan's Shah Deniz gas project.
Turkey's TPAO Says In Talks With Exxon, OMV, MOL For Joint Oil Exploration
Wednesday, February 19, 2014 Turkey is holding talks with international oil companies for joint oil exploration in Black Sea, the head of state-owned exploration firm TPAO says.
Dragon Oil, TPAO, Ghazanfar Signs PSCs for 2 Blocks in Afghanistan
Thursday, October 10, 2013 Dragon Oil and joint venture partners Turkiye Petrolleri A.O. and Ghazanfar Group sign production sharing contracts for the Sanduqli and Mazar-i-Sharif blocks in Afghanistan with the Afghan Ministry of Mines and Petroleum.
Iraq Awards $348M of Drilling Deals for Maysan Oilfields
Tuesday, September 03, 2013 Iraq has awarded $347.8 million worth of drilling contracts for the Maysan oilfields in the south of the country, a government statement says.
Iraqi Cabinet Approves Exploration Deal with Kuwait Energy
Wednesday, January 09, 2013 Iraq's cabinet has approved a deal with a Kuwait Energy-led group to explore for gas and oil at an exploration block in southern Iraq, an Iraqi cabinet spokesman said.
Eight Energy Companies Showing Interest in Afghan O&G
Thursday, July 05, 2012 Seven energy companies have joined ExxonMobil in expressing interest to bid for the right to explore for O&G in Afghanistan, according to that country's Ministry of Mines.
Iraq Plans Further O&G Auction after Terms Deter Bidders
Thursday, May 31, 2012 Iraq plans a further O&G licensing auction after its fourth round held this week resulted in just 3 of 12 blocks being awarded.
TPAO Lines Up GSP Jackup for Turkey Drilling
Thursday, April 26, 2012 MODU GSP Jupiter provides offshore drilling services under a new contract with TPAO.
Kuwait Energy Scores in Bidding Contest for Iraqi Fields
Wednesday, October 20, 2010 Kuwait Energy has been awarded 20 year term gas development contracts for Siba and Mansuriya gas fields in Iraq's third bidding round.
CNOOC, TPAO Finalize Iraqi Oil Field Deal
Monday, May 17, 2010 CNOOC and Turkish Petroleum have signed a contract to develop and produce the Missan Oil Fields.
ExxonMobil Primes Deepwater Bit for Turkish Black Sea
Tuesday, March 16, 2010 ExxonMobil will use Transocean's Deepwater Champion, a specially designed, newly built drillship, to explore the deepwater Black Sea offshore Turkey.
ExxonMobil Joins Hunt for Hydrocarbons in Black Sea
Tuesday, January 12, 2010 An ExxonMobil affiliate signed an agreement with a Petrobras affiliate and the Turkish National Oil Company to explore for hydrocarbons in the deepwater Black Sea offshore Turkey.
Shell Renegotiates with Iraq for Kirkuk Field Rights
Friday, October 16, 2009 Shell is reportedly renegotiating with Iraq about the Kirkuk oil field, one of Iraq's largest oil producing areas, after it didn't win access to the field in the country's first licensing auction held in Baghdad in June.
TPAO Spuds Bati Ayazli-1 in Black Sea Off Turkey
Wednesday, October 07, 2009 TPAO has commenced operations on the Bati Ayazli-1 exploration well in the South Akcakoca Sub basin located in the Black Sea, offshore Turkey.
StatoilHydro Marks 15 Years Since Signing 'Contract of the Century'
Wednesday, September 16, 2009 September 20 will mark exactly 15 years since the signing of what is known in Azerbaijan as the "Contract of the century," namely the production sharing agreement for the giant ACG oil field, where StatoilHydro is one of the partners.
Oil Majors Seen Bidding for Iraq's Prized Oil Fields
Monday, June 29, 2009 Several major oil companies are expected to bid Tuesday for eight prized Iraqi oil and gas fields listed in the first such tender in more than three decades.
ExxonMobil, TPAO Get Green Light for Black Sea Exploration
Monday, June 08, 2009 The Turkish government approved an agreement between ExxonMobil and TPAO to jointly explore deepwater prospects in the Samsun Block and 3921 Block in the Black Sea.
Brazil's Lula Sees Petrobras Furthering Investments Abroad
Thursday, May 21, 2009 Brazil's President Lula is pushing state-run Petrobras to make overseas investments as the company prepares to finalize an exploration deal in Turkey with TPAO.
Turkey Unable to Strike Deal with Chevron, RWE
Thursday, May 14, 2009 According to a report from Reuters, talks with Turkey about oil and gas exploration have stalled with both US Chevron and German RWE Dea.