
	May 2nd 2012

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Record profits for Sharjah gas group

Sharjah�based gas company Dana Gas has posted a record gross profit of AED 1.33 billion (US$362 million) for the year ended December 31, 2011

Lukoil starts drilling first oil well in Iraq's West Qurna-2

Lukoil has started production drilling and construction of an oil processing unit at the West Qurna-2 field, which has estimated reserves of 14 billion barrels


Egyptian gas set to flow back into Jordan	Lamprell nets additional rig deal from NDC	Baker Hughes remains upbeat despite Q1 profit fall

Jordanian energy officials have said that gas supplies from Egypt will resume in mid-May	Abu Dhabi's National Drilling Company (NDC) has awarded Lamprell a US$333 million contract for the construction of two jackup rigs	Baker Hughes' first quarter profit for 2012 has fallen to US$379 million from $381mn for the same period in 2011
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Developments

Construction to start on gas-fired power plant in Oman

Gulf Keystone achieves record flow rate at Shaikan-4 well

Weatherford Q1 profit soars

PDO to invest heavily in Enhanced Oil Recovery projects

Aramco's Karan Gas Project gets a head start

Other publications by Alain Charles Publishing Ltd

May 2nd 2012

Record profits for Sharjah gas group

Lukoil starts drilling first oil well in Iraq's West Qurna-2

Egyptian gas set to flow back into Jordan

Lamprell nets additional rig deal from NDC

Baker Hughes remains upbeat despite Q1 profit fall

Developments