WorldOil

AUGUST 2003

Special Focus

  • Africa: Africa is unstoppable

    P. Gawenda, J-M. Conne, A. Hayman, M. Marchat and D. Massaras, IHS Energy Global E&P Services
    Upbeat exploration results in the west and north, mounting natural gas reserves in the northeast, highly prospective acreage and increased investment combine to make Africa the destination on everyone's list

  • Far East: Energy demands spur developments

    Tony Sitathan, (Indonesia, Malaysia, Thailand, Vietnam, Myanmar and Brunei)
    Reviving economies and modernization are increasing demands for both domestic output and oil and gas imports from neighboring countries

  • FSU/Eastern Europe: Reform in Russia leaves unsolved problems

    A. Grant McCrea and Andrei Yakovlev, Dewey Ballantine LLP
    Despite apparent positive changes in Russia's investment climate in Russia, E&P investors should continue to carefully consider substantial legal risks

  • FSU/Eastern Europe: Sustained growth is finally achieved

    Sergei Rudnitsky and Alexander Rodionov
    Production declines are a thing of the past, allowing the larger producers to consider how far their output can grow

  • Middle East: A steady pace continues

    Dr. A. F. Alhajji
    Higher oil prices have reduced budget deficits, but the invasion of Iraq weakened economic growth. Foreign investment has been delayed, and economic reforms are moving at a very slow rate

  • North America: Drilling activity will soar

    Canada by R. Curran, Mexico Sergio M. Galina Hidalgo
    Strong oil and gas prices finally produced results during the first half. US and Canadian operators will boost gas drilling further to exploit higher prices

  • South America: Against all odds, the continent marches forward

    Mayra Rodríguez Valladares
    Despite political instability in many countries, energy sector investment remains strong

  • South Pacific: Offshore developments stressed

    International operators are being offered licenses to find/ develop more reserves offshore, particularly gas, to supply expanding markets

  • Western Europe: The downward trend continues

    North Sea portions written by Deloitte & Touche-Petroleum Services Group
    Despite strong oil prices, declining drilling, production and reserves all reflect a mature North Sea

  • World Trends

    Most regions will do better

Features

Columns

  • Editorial Comment

    Thomas R. Wright, Jr., Publisher
    Gulf's new Chinese magazine; Farewell to all

  • Drilling advances

    Robert E. Snyder, Executive Eng. Editor
    Executive Eng. EditorNew IADC handbook; Tension riser system

  • Oil and gas in the Capitals

    John McCaughey,Contributing Editor, Washington
    Spencer Abraham and Alan Greenspan become natural gas advocates

  • What's new in exploration

    Perry A. Fischer, Editor
    Solution to marine fouling? Colombia's Gibraltar discovery; Giant discovery

News & Resources

  • Industry at a glance

    Vol. 224 No. 8   Sensing an opportunity to seize market share abdicated by Iraq, producers in the Former Soviet Union have been ramping up their oil production. FSU output averaged between 10.11 and 10.16 million bopd dur

  • World of Oil

    Kurt S. Abraham, Managing/International Editor

    Vol. 224 No. 8  KURT S. ABRAHAM, MANAGING/INTERNATIONAL EDITOR   Click Here for Kurt's Opinion Iraqi oil sector takes steps toward normalc

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