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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Algeria
Algeria depends on energy for 95% of its outside revenues. Recent years have
see
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Angola
The 30-year-long civil war continues unabated. Although more than 700,000 bopd
is
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Congo
Officials from Angola and Congo met in February 2000 to discuss ways to
benefit mu
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Cote D'ivoire
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Opportunity knocks
Look for continued exploration success in the West; massive gas
development in the
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Gabon
A West African regional meeting was called in November 1999 by Nigerian
President
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Libya
Libya is hoping that its cooperation in the Lockerbie bombing trial, currently
ong
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Nigeria
Fires, riots, ethnic massacres, bombings, protests, declarations of force
majeur
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Others
Vanco Energy acquired
Namibia’s offshore 2.4 million-acre Block 1711. The firm is curr
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Dr. A. F. Alhajji, Contributing Editor
Sudan
Sudan became an oil exporter in August 199
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August 2000 Vol. 221 No. 8
International Outlook
AFRICA
Tunisia
President Zine El Abidine Ben Ali was re-elected in October 1999, along with
his
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Brunei
In a 50/50 partnership with the government, Brunei Shell Petroleum (BSP) has,
u
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Economic recovery improves outlook
With the recession winding down, and domestic growth resuming, foreign
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
India
The principal upstream operator in India is state-owned Oil and Natural Gas
Comm
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Indonesia
An anticipated restructuring of the oil and gas sector did not occur. The
House of Repre
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Malaysia
After being hammered by the Asian crisis of 1997 and 1998 (7.5% decline in
gr
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Myanmar
Under the Ministry of Energy, the state oil company for upstream is the Myanma
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Others
Reviewing several of the area’s countries with essentially no oil or gas
i
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Pakistan
The government approved the new Petroleum Policy in 1994, causing a surge in
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Philippines
Players in the country’s upstream oil industry include the Philippine
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Thailand
After suffering a 9.4% decline in real gross domestic product (GDP) for 1998,
Thailand re
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August 2000 Vol. 221 No. 8
International Outlook
FAR EAST
Viet Nam
Viet Nam’s per-capita commercial energy consumption is still among the
l
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Azerbaijan
The top story in Azerbaijan’s E&am
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Belarus
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August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Eastern Europe
Albania. Occidental Petroleum (operator, 50%) and partners lifted
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Kazakhstan
The republic last year marked its 100th
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Other FSU Republics
Although it is a transit corri
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Signs of recovery begin to appear
Soaring oil prices have breathed new life into many of the forme
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Turkmenistan
Most of Turkmenistan’s oil and g
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Ukraine
Oil and condensate output was 75,688 bpd,
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Interfax Petroleum Agency
August 2000 Vol. 221 No. 8
International Outlook
FSU/EASTERN EUROPE
Interfax Petroleum Agency, Moscow
Uzbekistan
In late April, Uzbek President Islom Ka
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
All countries, except Iran and Turkey, by
Dr. A. F. Alhajji, Contributing Editor
UAE –
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
UAE – Dubai
Despite higher oil price
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August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Iran
According to an annual IHS Energy Group study, Iran topped the list of the
wor
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Iraq
Despite United Nations (UN) economic
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Kuwait
The recent explosion at Mina al-Ahmadi oil re
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Neutral Zone
Saudi Arabia shares this 6,2
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Oman
Despite the fact that Oman is not a
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Others
Bahrain. To improve the efficien
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Qatar
As one of the world’s largest
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Disciplined output pays off
Windfall oil revenues and conservative spending have given the new
mi
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Syria
The death of Hafez Al-Assad, the el
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August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Turkey
Electrical energy demand in Turkey is growing 10% annually. This year,
electrical energy
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Dr. A. F. Alhajji
August 2000 Vol. 221 No. 8
International Outlook
MIDDLE EAST
Dr. A. F. Alhajji, Contributing Editor
Yemen
Recent economic reforms and new inv
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R. Curan
August 2000 Vol. 221 No. 8
International Outlook
NORTH AMERICA
Canada
Robert Curran, Calgary, Alberta
Early in 2000, oil and gas pro
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August 2000 Vol. 221 No. 8
International Outlook
NORTH AMERICA
Cuba
Mexico and Venezuela renewed the 20-year-old San Jose accord, which calls for
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August 2000 Vol. 221 No. 8
International Outlook
NORTH AMERICA
Mexico
The PRI party’s 71 years of rule ended on July 2 when PAN party candidate
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August 2000 Vol. 221 No. 8
International Outlook
NORTH AMERICA
Others
Greenland saw the Qulleq 1 offshore well drilled
this s
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August 2000 Vol. 221 No. 8
International Outlook
NORTH AMERICA
The Upturn Continues
The 50% rise in drilling looks spectacular, but it follows a 66-year
low i
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Argentina
New President Fernando De la R
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Bolivia
In 1999, the country moved to au
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Brazil
Early this year, President Cardos
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Chile
The economy
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Colombia
The country is developing a mor
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Ecuador
Conversion to a dollar-based mon
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Others
No wells we
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Peru
President Alberto Fujimori decided
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Stuart Wilkinson, Contributing Editor
Trinidad And Tobago
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Stuart Wilkinson
August 2000 Vol. 221 No. 8
International Outlook
SOUTH AMERICA
Competing for foreign investment
Good discoveries and huge gas development plans require ample
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August 2000 Vol. 221 No. 8
International Outlook
SOUTH PACIFIC
Discoveries go on with subdued activity
The region’s future depends on new oil discoveries and sec
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August 2000 Vol. 221 No. 8
International Outlook
SOUTH PACIFIC
New Zealand
This island country produces an estimated 41,000 bopd and over 500 MMcfgd,
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August 2000 Vol. 221 No. 8
International Outlook
SOUTH PACIFIC
Papua New Guinea
Large structures such as Moran, Hides, Hedenia, Kutubu and Gobe have given
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August 2000 Vol. 221 No. 8
International Outlook
SOUTH PACIFIC
Zone Of Cooperation
In the area between Timor Island and northern Australia, NW of Darwin,
Ph
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Robyn Fowler and Susannah James
August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Robyn Fowler and
Susannah James, Arthur Andersen-Petroleum Services Group, London
Denm
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August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
France
Licensing. In 1999, there was a 24% increase in the surface area
covere
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August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Germany
No license deals took place in the German offshore sector and no exploration
or appr
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Robyn Fowler and Susannah James
August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Robyn Fowler and
Susannah James, Arthur Andersen-Petroleum Services Group, London
Irel
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August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Italy
Exploration. Hardman Resources of Australia and JKX Oil and Gas of the
U
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Robyn Fowler and Susannah James
August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Robyn Fowler and
Susannah James, Arthur Andersen-Petroleum Services Group, London
Nether
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Robyn Fowler and Susannah James
August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Robyn Fowler and
Susannah James, Arthur Andersen-Petroleum Services Group, London
Norway
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August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
Others
Portugal. Mohave Oil and Gas of Houston is drilling in the Lusitanian
b
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Robyn Fowler and Susannah James
August 2000 Vol. 221 No. 8
International Outlook
WESTERN EUROPE
North Sea operators are still holding back
While onshore E&P firms have been quick to exploit high
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August 2000 Vol. 221 No. 8
Feature Article
WORLD TRENDS
Price does matter
ompared to
a year ago, global oil prices have skyrocketed. Some reasons include m