Chronology-Petroleum Affairs

The Middle East Journal, Summer 2005 | Go to article overview

Chronology-Petroleum Affairs


Jan. 30: US oil companies were awarded the majority of contracts offered at the first open license auction in Libya since the removal of US sanctions. [BBC, 1/30]

Feb. 2: India's Oil and Natural Gas Corporation was awarded a $1.2 billion contract to build an oil refinery in Sudan. [AFP, 2/2]

Feb. 6: Fifteen hundred tons of oil spilled into the Mediterranean Sea following the collision of two oil tankers off Egypt's northern coast. [Al-Jazeera, 2/6]

Feb. 24: Royal Dutch Shell and the Qatar Company for oil signed a deal to provide the US with natural liquid gas. The contract was estimated to be worth over eight billion dollars. [AN, 2/24]

Mar. 2: India's state-run oil and Natural Gas Corporation won a contract to explore and develop Qatar's offshore Najwat Najem oilfield, estimated to hold 300 million barrels of oil reserves. [Al-Jazeera, 3/2]

Mar. 9: Iran announced the discovery of two new oil fields in the Khuzestan region. [TT, 3/9]

Mar. 12: Reliance Industries, India's largest private sector company, signed a deepwater oil exploration and production agreement with the government of Oman. …

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