Granting of Twelve Concessions to Drill for Oil
Posted on: Sunday, 19 February 2006, 15:00 CST
Al-Hayat newspaper reported on oil exploration in Tunisia as of the end of December 2005. The Tunisian government granted twelve concessions to foreign companies to drill for oil during 2005
. Eight new oil wells were discovered, with average daily production of each one reaching 20,000 barrels. It is estimated that the total daily oil production in 2006 will reach 820,000 barrels. Concessions for oil exploration were given to the American Pascal Petroleum Company and the Austrian Geostat Technology Company.Source: Info-Prod Research (Middle East)
Related Articles
- Essential Oil Composition of Species in the Genus Achillea
- Forces Beyond Demand Growth Reshaping Trade in Oil and Gas
- Oxy Group to Steam Heavy Oil From Oman's Mukhaizna Field
- Venezuela Pushes Plan for Cheap Oil in Caribbean
- First Chinese Oil Import Pipeline a Step Towards Supply Diversity
- Investment Cited As Most Likely Limit to Oil Supply
- Oil-Import Politics
- CERA: Global Oil, NGL Production to Rise By 2010
- Market Gives OPEC Opportunity to Improve Oil Reserves Data
- Caspian Nations Pursuing Oil Exports at Greatly Varying Paces
Rating: 2.8 / 5 (10 votes)
 |
 |
Rate this article:
User Comments (0)
RSS Feeds