Emanuelle Energy, a subsidiary of Israel Land Development - Energy, intends to exercise an option to participate in the shallow water 388/Samuel license offshore Israel.

Representatives of 30 oil companies and service groups have attended a technology forum organized by ITF and sponsored by Kuwait Oil Co.

Adira Energy has received two independent resource reports on its shallow water Gabriella and Yitzhak licenses offshore Israel.

A paper from Rice University’s Baker Institute for Public Policy recommends improvements to the pipelines crossing the Arabian Peninsula.

Petroleum Development Oman (PDO) has joined ITF, the UK-based technology facilitator for the global oil and gas industry.

Israel’s Petroleum Commissioner has approved Adira Energy’s farm-out of 25% of its interest in the shallow water Yitzhak license to the AGR Group and Ellomay Oil and Gas 2011 LP.

Loading operations have started for two new platform tripods for the South Pars gas field in the Persian Gulf.

National Petroleum Construction Co. (NPCC) is more optimistic over its prospects in 2012 after what it calls a “flat” 2011.

Renaissance Services plans to raise up to $130 million of additional capital via a private placement.

Arab Shipbuilding & Repair Yard (ASRY) has opened a new 1.38-km (0.86-mi) repair quay wall.

Khazar Oil Co. is reported to have discovered a potentially large gas field in the Iranian sector of the Caspian Sea.

Adira Energy has entered into a series of farm-out agreements in the Yitzhak license offshore Israel.

Husky Energy has started production from a two-well pilot scheme on the West White Rose field offshore Newfoundland.

Delek Energy has provided an update on its E&P activities offshore Israel.

Kuwait Energy Co. (KECKEC) says it intends to bid for drilling right offshore Lebanon in the Levant basin when bidding opens there.

High on the list of frontier areas beckoning explorers are the Arctic offshore regions bordering the US, Canada, Europe, and Russia, with growing interest in Greenland.

Egyptian General Petroleum Corp.’s 2011 exploration bid includes blocks offshore in the Gulf of Suez.

Iran plans to hold an auction for development of the oil layer of the South Pars gas field in the Persian Gulf.

Adira Energy has received two independent reports covering potential resources in its shallow water Gabriella and Yitzhak licenses offshore Israel.

The Israel Petroleum Commissioner’s Office has granted GeoGlobal Resources an extension for a planned drilling program in two offshore licenses.