Nigeria renews ExxonMobil oil licences for 20 years
Nigeria has renewed oil licences which will let US energy giant ExxonMobil operate three big fields that produce about 500,000 barrels of crude a day for 20 years,

Brazil At Risk Of Becoming One Big Petrobras
It’s probably not the biggest risk Brazil faces, but it is worth noting that the one true magnet that’s attracting all of that foreign capital flowing into Brazil is due to just one company: oil and gas rich Petrobras (PBR).

Romania: OMV/Exxon Black Sea well discovers huge gas field
An offshore Black Sea well jointly owned by ExxonMobil and OMV's Petrom unit has discovered what could be the biggest gas find in OMV's history, Domino-1 well is the first deep water exploration well in Romanian waters and is located in the Neptun Block, 170 km offshore.

Iraq improves terms for 4th oil and gas bidding round
Iraq has improved the terms under which it will auction off 12 oil and gas exploration blocks in a fourth energy bidding round, firms said the deals were unattractive. The auction has been postponed several times by the oil ministry. The auction is now scheduled for May 30-31.

PRD Energy awarded petroleum production license covering over 3,400 acres onshore Germany
PRD Energy has been awarded the Molme Production License covering approximately 3,400 acres in Germany. The license is located onshore in the state of Lower Saxony, Germany and has been awarded to PRD Energy GmbH, a wholly-owned subsidiary of the Company.

Escondido Resources II releases results of horizontal drilling in South Texas
Escondido Resources II, LLC today announced the results of the company’s 2011 horizontal drilling program in South Texas. Escondido drilled 17 wells in 2011, Production from the new wells is expected to boost Escondido’s total production to nearly 90 MMcf/d.

UK: Centrica acquires portfolio of UK North Sea assets from Total
Centrica, the parent company of British Gas, has reached an agreement with Total E&P UK (and its affiliates) to acquire their non-operated portfolio of producing oil and gas assets and associated infrastructure in the Central North Sea (CNS) for a total cash consideration of $388 million (£246 million).

Norse Energy estimates increase in reserves
Norse Energy Corp. ASA has completed the year end 2011 reserves certification process whereby Schlumberger Data and Consulting Services has certified increased proved reserves and contingent resources as detailed below. Total 1P Proved Reserves as of 31 December 2011 increased from ~34.4 Bcf. to ~43.4 Bcf. compared to December 31, 2010, an increase of ~26 percent.

IAEA- Iran denied access to IAEA team to visit
Parchin military site
The team requested access both during this visit and during a first trip in late January to the Parchin military site where it suspects suspicious nuclear activities are carried out

CNPC to set up logistics hub in Dubai / UAE
BEIJING -CNPC, China's major producers take steps to minimize possible geopolitical risks, plan to assemble equipment in Dubai in the United Arabic Emirates. The regional business hub will act as a halfway house on the road to the turbulent areas.

Iraq approves Petrofac's $329.8 million tender for Badra oil field
Iraq's cabinet approved a $329.8 million tender on Tuesday with British oil service firm Petrofac for the country's Badra oil field. Petrofac plans to build a major crude processing facility to help production at the field to reach 170,000 barrels of oil per day (bpd) in 2017

Indonesia: Pertamina EP discovers gas in Pagardewa, South Sumatra
Pertamina EP, the upstream business unit of state-owned oil and gas company Pertamina, has discovered new gas reserves in the PAFE Pagardewa area in South Sumatra. 'The gas will all be supplied to [state gas distributor] PT PGN for the South Sumatra-West Java [SSWJ] pipeline,'

Norway: NPD to acquire seismic in the northeastern sector of the Barents Sea
The Government has decided that the NPD will map the geology in the northeastern part of Norway’s new sea area in the Barents Sea. According to the plan, the seismic surveys will start this summer and continue into 2013.

Kazakhstan: Caspian Energy announces new discovery at West Zhagabulak field
Caspian Energy and partners have encountered net pay zones aggregating 184.8 metres at a new discovery well in the West Zhagabulak field of Kazakhstan.

Norway: Statoil awards Asgard field seabed compression facility contract to Technip
In connection with the development of the world’s first seabed gas compression facility on the Åsgard field, Technip Norway has been awarded the contract for the marine operations of the project. The contract is valued at NOK 1,2 billion.

EnerGulf estimates 3.16 billion barrels oil at Namibia block
Vancouver/ Canada - EnerGulf Resources Inc. has received a prospective oil resources report for four prospects and nine leads on Block 1711, Offshore Namibia, including a mean estimate of 3.166 billion barrels of potentially recoverable oil.

Oil Market Trends 2011
The top oil story of 2011 was without a doubt the record gap that developed between the two main benchmarks for pricing oil; West Texas Intermediate (WTI) and Brent crude.

Are We Running Out of Oil?
Despite the continued growth in global consumption of petroleum, proven oil reserves have increased steadily over the past twenty years, in large part because oil companies have revised their estimates of reserves in known fields.

10 Reasons Why FPSOs Are The Future Of Oil And Gas
The average semi-submersible oil rig takes 3-4 years to kit out and build, and a jack-up rig 2-3 years. From laying the keel in dry dock to first launch, an FPSO could be rolled out in months to a year, or even less if an existing vessel is simply being modified into an FPSO.

Obama Administration Announces Major Steps toward Science-Based Energy Exploration in the Arctic
BSEE Issues Approval for Shell Chukchi Sea Oil Spill Response Plan- WASHINGTON - Building on the Obama Administration’s record of taking steps to expand safe and responsible development of our nation’s oil and gas resources

Canada threatens trade war with EU over oil sands
Canada has threatened to lodge a World Trade Organization complaint against the European Union if the bloc labels oil from Alberta's tar sands as highly polluting, Canada would 'explore every avenue at its disposal to defend its interests, including at the World Trade Organization'..

GoM: Mexico and US sign cross-border oil deal for deep water
Mexico and the United States signed an agreement on Monday to help U.S. firms and Mexican oil monopoly PEMEX exploit deep water oil resources in the Gulf of Mexico that straddle the countries' maritime boundaries. The deal, negotiated last year, will lift the moratorium on oil exploration and production in the western gap portion of the Gulf..

--Data Manager --Inferential Modeling Platform --Loop Performance Manager --Predict and Control

IADC ( international Drilling Association ) Programs

UBO RIG PASS WellCAP PLUS HSE RIG PASS Program Well Control - Accreditation Program Ballast Control & Stability Training Competence Assurance Accreditation Program

SPE (Society of Petroleum Engineers) Training Courses

-- Petroleum Engineering Certification Program -- Advanced Well Control -- Asset Management - Tools, Process, -- Flow Assurance: From Basic Science to Operations -- Transient Well Testing -- Shale Gas Completions, Fracturing and Production

--Rig Technician Training Level 1 (Motorman) --Rig Technician Training Level 2 (Derrickman) --First Line Supervisors Blowout Prevention --International Well Control Training

OPEC Crude Oil Reserves
Venezuela	296.50
Saudi Arabia	264.52
Iran	151.17
Iraq	143.10
Kuwait	101.50
United Arab	97.80
Libya	47.10
Nigeria	37.20
Qatar	25.38
Algeria	12.20
Angola	9.50
Ecuador	7.21
Report by OPEC for 2010

List of offshore drilling companies.
These companies drill off shores all over the world.

Nabors Industries
Transocean
Diamond Offshore Drilling
Rowan Companies, Inc.
Schlumberger
Stena Drilling
Tesco Drilling
Prosafe
Abbot Group
Acteon
Akita Drilling
Altinex
Atwood Oceanics, Inc.
Baker Hughes
China Oilfield Services
Dolphin Drilling
Egyptian Drilling Company
Franklin Howard International
Fred. Olsen Energy
Global Marine Drilling
GlobalSantaFe Corporation
IKM Subsea Design
Japan Drilling Co
Maersk Contractors
KCA Deutag Drilling
Crosco Drilling
Neptune Drilling
National Drilling Services

World’s Top10 biggest oilfield services companies list
1. Schlumberger(http://www.slb.com)
2. Halliburton(http://www.halliburton.com)
3. Saipem (http://www.saipem.it)
4. Transocean(http://www.deepwater.com)
5. Baker Hughes(www.bakerhughes.com)
6. Fluor(http://www.fluor.com)
7. Weatherford International(http://www.weatherford.com)
8. BJ Services Company(www.bjservices.com)
9. Petrofac(http://www.petrofac.com/)
10. China Oilfield Services Ltd.(http://www.cnoocs.com)