Lukoil and China National Petroleum Corp to Join in Developing 3rd World Oil Reserves

BEIJING (XFN-ASIA) - China National Petroleum Corp, the parent of PetroChina Co Ltd (HK 0857), has signed a strategic cooperation agreement with Russia's biggest private oil company Lukoil with an emphasis on exploration and production, the two companies said.

Under the agreement, which was signed on Sept 8, the two companies plan to expand their co-operation in existing projects as well as work together on exploration, development and refining projects in third countries.

The two companies each hold a 20 pct stake in an international consortium carrying out geological exploration in Uzbekistan's part of the Aral Sea.

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08.09.2007Libyaninvestment.com
Gazprom, NOVATEK and LUKOIL are going to participate in the tender on the development of the field in Libya, National Oil Corp. informed.

The fields are set out at the tender within the EPSA-4 program. They were selected by the Lybian side as probable project operators. Other participants involve
Gasprom Libya B.V.,
Lukoil Overseas Holding,
Novatek JSC,
Gas de France,
Pakistan Petroleum Limited,
BG Libya,
Woodside Energy Ltd,
ExxonMobil Libya Limited,
Total E & P Libye,
Wintershall Holding AG,
Statoil ASA,
Hess Libya Limited,
Sonatrach,
OMV Petroleum Exploration GmbH,
Conoco Libya Ltd,
Maersk Olie og Gas AS,
Polskie Gornictwo Naftowe i Gazownictwo SA,
Shell Exploration and Development
Libya GmbH,
BP Exploration Libya Limited,
Eni North Africa B.V.,
Marathon International Petroleum Libya,
Ltd., Oxy Libya, LLC,
Chevron Intrternational Exploration and Production Company,
Petronas Carigali Overseas,
Inpex Corporation
Petrobras-Petroleo Brasileiro S.A,
Petrocanada Libya Exploration B.V.,
PTTEP Public Company Limited,
ONGC Videsh Ltd.,
Talisman Energy Inc.,
RWE Dea AG,
Oil & Gas Development Co. Limited,
Naftogaz of Ukraine,
Pan American Energy LLC.
The list of probable investors involve Edison International Spa, Mubadala Development,
Burren Energy plc,
Addax Petroleum,
MOL Plc,
INA Industrija Nafte d. d.
Hellinic Petroleum S. A.
Oil India Limited
Itochu Corporation
Japan Petroleum Exploration Co., Ltd.
Mitsubishi Corporatiion,
Mitsui Oil Exploration Co. LTD.
JOGMEC, SK energy,
Korea Gas Corporation,
Indian Oil Corporation Limited
Nippon Oil Exploration Limited
Centrica Energy
E.On Ruhrgas
Union Fenosa
Bridas Corporation.
[akm.ru]