Gas
Algerian gas will in future be resold more readily by European gas buyers after a deal struck today between the European Union and Algeria’s state champion, Sonatrach. 
Melrose Resources in Egypt declared test results at the West Khilala-5 well confirm a consistent reservoir across the northern limits of the field, and the company hinted a production tie-back was in order. 
Dolphin Energy announced today that natural gas, from its production wells offshore Qatar, is now flowing to UAE customers for the very first time. 
Teton Energy Corporation announced today that 7 additional wells have been connected to gas sales in the DJ Basin. This now brings the total number of producing wells to 20 in both the Chundy and Grant Field areas. 
Endeavour International Corp. in Norway has upped its stake in two production licenses offshore the Nordic country and has become operator in a deal with Germany’s RWE Dea. 
Malcom Wicks is back at the post of U.K. Minister of State for Energy on the appointment of U.K. Business, Enterprise and Regulatory Reform Minister John Hutton, the government declared Tuesday.
Alstom helps Middle East market with €150M order Jul 10, 2007
Paris-based energy-services company Alstom has done its part to create a gas market in the Middle East with a €150M order to install five gas turbines in Kuwait at the new Az Zour power plant being built in Kuwait. 
India’s 50-block August licensing round could be cancelled if participating supermajors pull out in reported “protest” over government intervention in production-sharing contracts, it was learned Tuesday. 
TNK-BP’s gas business in Russia will spend $4 billion investing and acquiring in Russian and abroad this year, judging from a company statement. 
Libya’s National Oil Corporation has launched a licensing round aimed at its “prospective gas areas throughout the prolific geologic basins”, including four offshore blocks of some 10,300 square kilometres. 
Statoil will look at producing the newly defined Ermintrude discovery in the North Sea via a tie-in to the Sleipner, Volve or Gudrun fields, after the detection of new extensions of gas and oil. 
Electromagnetic Geoservices has been awarded a contract by an unnamed energy company to determine the hydrocarbon content of potential reservoirs offshore eastern Canada using seabed-logging technology. 
Statoil has has handed out five-year contracts for pipeline coating services worth NOK3 billion ($515 million) with Bredero, Socotherm and Eupec, the oil company heralded Friday. 
Aker Kvaerner has signed a NOK 434 million ($74.5 million )contract with Subsea 7 Norway to deliver steel-tube umbilical for Norsk Hydro's Vega and Troll O2 developments in the North Sea. 
Norwegian oil company Statoil and partners have proved more gas at the Yttergryta prospect in the Norwegian Sea. |
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