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Current Oil and Gas Headlines


Middle East Oil & Gas News

Oil Search Continue the Testing Operations
Iraq >> 5/23/2013 - Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,351 metres and undertaking a well test on the open hole section, which includes the Euphrates Formation. ...

Dno Hits 100,000 bopd Milestone at Tawke Field
Iraq >> 5/23/2013 - DNO International ASA ,the Norwegian oil and gas company, announced that oil production from the Tawke field in the Kurdistan Region of Iraq has averaged over 100,000 barrels a day during the previous...

Middle East Oil Supply - May 2013
Oman >> 5/23/2013 - Middle East oil supply is believed remain steady in 2013 and drop 10 tb/d to average 1.49 mb/d, representing a downward revision of 10 tb/d from the previous month. This revision comes from Syria as u...

Technip Awarded Flare Modification Contract in Abu Dhabi
United Arab Emirates >> 5/23/2013 - Technip was awarded by ADMA-OPCO a lump-sum turnkey contract for the engineering, procurement, construction, pre-commissioning, commissioning and start-up assistance for flares modification and revamp...

Turkey Aims to Sign Oil & Gas Deals with Kurdistan
Iraq >> 5/22/2013 - Turkey is looking to sign commercial contracts this year with Russian and U.S. companies operating in northern Iraq for joint oil and gas exploration, Turkey's Energy Minister Taner Yildiz told Reuter...

BP to Invest $2.85 Billion in Iraq’s Rumaila Oil Field
Iraq >> 5/22/2013 - Oil major BP has allocated $2.85 billion to develop Iraq's Rumaila oilfield in 2013, up from $2.2 billion last year, the head of the joint management committee for the field told Reuters. ...

Kurdish Oil Sales to Rise as Exports Reach Turkey
Iraq >> 5/22/2013 - Iraqi Kurdistan's crude oil sales to world markets, deemed illegal by Baghdad, are set to rise by nearly 50 percent next month as trucks start deliveries to a second export terminal in Turkey, industr...

Noble Energy Announces Karish Discovery in Israel
Israel >> 5/22/2013 - Noble Energy, Inc. (NBL) announced a natural gas discovery at the Karish prospect offshore Israel. The discovery well was drilled to a total depth of 15,783 feet and encountered 184 feet of net natur...

WesternZagros Starts Garmian Drilling Program
Iraq >> 5/21/2013 - WesternZagros Resources Ltd. (WZR) (WesternZagros) has started its latest Garmian Block drilling program in the Kurdistan Region of Iraq. The Mil Qasim Upper Bakhtiari-1 well was spudded on May 19, 20...

Shell Sees Majnoon Field Production Within 2-3 Months
Iraq >> 5/21/2013 - Royal Dutch Shell PLC aims to start production from a greenfield project in Iraq's Majnoon oil field within the next two to three months, Chief financial Officer Simon Henry said. ...

Kuwaiti Oil Service Workers on Strike over Pay
Kuwait >> 5/21/2013 - Around 80 percent of workers at Kuwait's main, state-run oil services company are on strike calling for better pay, a union official said, the latest sign of wage pressures in the Gulf Arab country. ...

India’s L&T Awarded EPC Contract for Midyan Project
Saudi Arabia >> 5/21/2013 - Saudi Aramco has awarded Larsen & Toubro (L&T) an EPC contract to build facilities for onshore Midyan gas field, state news agency SPA reported. ...

Newpark Resources Announces Middle East Contract Award
Kuwait >> 5/20/2013 - Newpark Resources, Inc. announced that it has been awarded and has entered into a contract with the Kuwait Oil Company to provide drilling fluids and related services for land operations. The agreemen...

Aramco Upgrades GOSP with GE’s Technology
Saudi Arabia >> 5/20/2013 - GE (GE) has replaced an aging compressor control system at Saudi Aramco’s Haradh gas/oil separation plant in Saudi Arabia’s Eastern Province with advanced technology that automates the control process...

KPC Replaces Oil Officials after $2.2 Billion Dow Payment
Kuwait >> 5/19/2013 - State-run Kuwait Petroleum Company (KPC) appointed a new chief executive and suspended other top officials after the country paid $2.2 billion in damages to Dow Chemical Co (DOW.N) over a scrapped pla...

Sohar Refinery Shutdown was for Maintenance
Oman >> 5/19/2013 - Oman Oil Refineries and Petroleum Industries Company (Orpic) Chief Executive Officer has denied that Sohar Refinery had experienced problems during it’s shutdown in February. He has confirmed that the...

Saudis Cut March Crude Exports
Saudi Arabia >> 5/19/2013 - Saudi Arabia, Kuwait, and Venezuela reduced crude oil exports in March from the previous month while West African members of the Organization of Petroleum Exporting Countries increased shipments, acco...

Abu Dhabi Faces Tight Deadline to Renew Oil Concession
United Arab Emirates >> 5/19/2013 - Abu Dhabi’s state oil company is under pressure to take a quick decision on which foreign companies will get concessions in one of the Middle East’s oldest oilfields. ...

Chiyoda Almana Awarded Engineering Services Contract
Qatar >> 5/17/2013 - Chiyoda Corporation (Chiyoda), Japan’s leading engineering and construction firm, announces that its subsidiary in Qatar, Chiyoda Almana Engineering LLC (Chiyoda Almana), has been awarded a Front End ...

Oil Search Completes the Logging of Taza 1 St2 Well
Iraq >> 5/16/2013 - Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,351 metres and completing wireline logging of the open-hole interval. ...

Pertamina Reviews Acquisition of Oil & Gas Asset in Oman
Oman >> 5/16/2013 - Indonesia's PT Pertamina is evaluating the acquisition of an oil-and-gas asset in Oman, as the state-owned energy firm seeks to boost production at home and overseas, Chief Executive Karen Agustiawan ...

PDO Signs US$40 Million Contract
Oman >> 5/15/2013 - Petroleum Development Oman (PDO) signed a US$40 million contract with one of its Super Local Community Contractors (SLCCs) as part of its In-Country Value (ICV) drive to boost Omani business and to cr...

Turkey's State Oil Co & Exxon to Develop in Kurdistan
Iraq >> 5/14/2013 - Turkey's state-run oil firm has struck an agreement with U.S. oil giant Exxon Mobil Corp. (XOM) to develop joint projects in Kurdish-administered northern Iraq, the country's Prime Minister Recep Tayy...

Orpic Plans Study to Build $4b Project
Oman >> 5/14/2013 - Oman Oil Refineries and Petroleum Industries Company (Orpic) plans to conduct a study for a proposed steam cracker plant to produce polypropylene and polyethylene as part of its business development p...

Circle Oil Announces Preliminary Results in 2012
Oman >> 5/13/2013 - Circle Oil Plc, the international oil and gas exploration, development and production company, is pleased to announce its results for the year ended 31 December 2012. Circle operates two concessions i...

Chiyoda Awarded $600m Contract for Laffan Refinery 2
Qatar >> 5/13/2013 - The contract for the Engineering, Procurement, Supply, Construction and Commissioning (EPSCC) of the Laffan Refinery 2 (LR 2) Project, the second condensate refinery at Ras Laffan Industrial City, has...

Cathelco Supply Pipework Anti-Fouling Systems
United Arab Emirates >> 5/13/2013 - Cathelco have won a series of orders to supply seawater pipework anti-fouling systems for jackup rigs which are to be built by Lamprell Energy Ltd, the UAE based provider of diversified engineering se...

Yanbu Refinery to Reach Full Capacity This Week
Saudi Arabia >> 5/12/2013 - State-giant Saudi Arabian Oil Co., or Saudi Aramco, has restarted its Red Sea Yanbu refinery, which it owns with Exxon Mobil Corp. (XOM), after nearly two months of maintenance to bring a new clean-fu...

Lebanon Has 30 Trillion Cubic Feet of Offshore Gas
Lebanon >> 5/10/2013 - Preliminary surveys of Lebanese offshore fields show reserves of 30 trillion cubic feet of natural gas and 660 million barrels of oil, Lebanon's energy minister said, adding that production could begi...

Sipchem Starts Up Ethyl Acetate & Butyl Acetate Plant
Saudi Arabia >> 5/10/2013 - Saudi International Petrochemical Company (Sipchem) announces the start-up of ethyl acetate (EA) & butyl acetate (BA) plant owned by Sipchem Chemicals Company (fully owned by Sipchem) at its complex i...

Oil Search Completed the Taza 1 St2 Well Test
Iraq >> 5/9/2013 - Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,351 metres and conditioning the hole prior to running wireline logs over the open-hole section.

During the week, the well t...


TAQA Appoints UK, Iraq Managing Directors
Iraq >> 5/9/2013 - Abu Dhabi, United Arab Emirates – TAQA, the global energy company based in Abu Dhabi, has appointed Pete Jones to the position of Managing Director for TAQA’s UK oil and gas business. Mr Jones will be...

Oman Crude Oil and Condensates Production
Oman >> 5/9/2013 - The Monthly Report released by the Ministry of Oil and Gas pointed out that the Sultanate"s crude oil and condensates production in April 2013 amounted to 26,963,149 barrel, an average of 898,772 barr...

Militants Bombed Kirkuk-Ceyhan Pipeline
Iraq >> 5/8/2013 - Militants blew up a pipeline carrying Iraqi crude from Iraq's northern city of Kirkuk to Turkey's Mediterranean port of Ceyhan on Monday night, stopping the flow of oil, an Iraqi oil ministry spokesma...

WorleyParsons Awarded Contract for Al Shaheen Field
Qatar >> 5/8/2013 - Maersk Oil Qatar A/S (Maersk Oil) has awarded WorleyParsons Qatar WLL a four year "General Design Contract" to conduct engineering design modifications and material definition for works associated wit...

Blocks 3&4 Production update in April 2013
Oman >> 5/7/2013 - Tethys’ share of the production, before government take, from Blocks 3 and 4 onshore the Sultanate of Oman amounted in April 2013 to 129,916 barrels of oil, corresponding to 4,331 barrels of oil per d...

Calvalley Discovers New Oil Pool in Block 9
Yemen >> 5/7/2013 - Calvalley Petroleum Inc. is pleased to announce results from the drilling of its Ras Nowmah South exploration prospect. The well was drilled to a total depth of 1,530 meters and intersected the Qishn ...

Shell Iraq Awarded a Contract to Wood Group & CCC
Iraq >> 5/6/2013 - Shell Iraq Petroleum (Shell) has awarded a commissioning services contract to Wood Group-CCC (WGCCC), a company equally owned by Wood Group PSN (WGPSN) and Consolidated Contractors Company (CCC), prov...

Gulf Keystone Set for Significant Production Growth
Iraq >> 5/2/2013 - Gulf Keystone, a leading independent E&P operator in the Kurdistan Region of Iraq, is pleased to provide an update on its four blocks in the Kurdistan Region of Iraq, including the world-class discove...

Oil Search Continue the Testing Operations
Iraq >> 5/2/2013 - Oil Search reports that, the Taza 1 ST2 well was at a depth of 3,351 metres and continuing a well test of the Euphrates Formation and part of the Dhiban Formation. ...


Africa Oil & Gas News

QPI and Total Seal a Strategic Partnership in Congo
Congo >> 5/22/2013 - Qatar Petroleum International (QPI) and Total are pleased to announce the signing of a framework of Agreement whereby QPI will participate in Total E&P Congo through its subscription to a 15% share ca...

Hermes Datacomms Wins a Contract from Tullow Oil
Ethiopia >> 5/22/2013 - Hermes Datacommunications has won a significant contract to support Tullow Oil plc with their operations in Africa. The 24-month deal sees the company use it’s pan–African satellite platform to provid...

Chariot Extends First Renewal Phase, Offshore Namibia
Namibia >> 5/22/2013 - Chariot Oil & Gas has announced that the Ministry of Mines and Energy in Namibia has granted a one year extension for the First Renewal Phase on the Central Area Blocks, (Licence 19, covering Blocks 2...

Tanzanian Gas Pipeline Plan Sparks Riot
Tanzania >> 5/22/2013 - Residents of a gas-rich region of Tanzania rioted to protest that they would not benefit from a government budget proposal to construct a pipeline from their territory to the capital, senior officials...

Kosmos Announces Results from Sipo-1 Exploration Well
Cameroon >> 5/20/2013 - Kosmos Energy Ltd announced results from the Sipo-1 exploration well onshore Cameroon. Drilled on the Ndian River Block in the Rio del Rey Basin, the well was targeting the Miocene Isongo Formation. T...

Egypt Appoints New CEO for EGPC
Egypt >> 5/20/2013 - Egypt's oil ministry appointed Tarek El-Barkatawy chief executive of state-owned Egyptian General Petroleum Corp. (EGPC). Mr. El-Barkatawy replaces Sherif Haddara, who was appointed oil minister in a ...

Oceaneering Announces Burullus Phase IXa Contract
Egypt >> 5/20/2013 - Oceaneering International, Inc. announced that it has secured a contract from Saipem to supply umbilicals for the Burullus West Delta Deep Marine Phase IXa development located offshore Egypt. ...

Carla South Sidetrack Finds Oil in Block I
Equatorial Guinea >> 5/20/2013 - The Carla South I-7 ST-1 sidetrack to the I-7 exploration well in Block I has encountered oil in good quality sandstones. The sidetrack in Block I in Equatorial Guinea has reached a total measured dep...

Libya's Ports Reopen, Gas Complex Attacked
Libya >> 5/20/2013 - Libya's oil terminals at Tobruk and Zueitina re-opened over the weekend after protests forced both ports to shut, Libya's deputy oil minister Omar Shakmak said. ...

HRT Announces Results of Wingat Well
Namibia >> 5/20/2013 - HRT Participaçoes em Petroleo S.A through its wholly-owned subsidiary HRT Walvis Petroleum (Proprietary) Ltd. ("HRT Walvis"), announces that its first exploration well (Wingat-1 2212/07/1) in a multi ...

Launching the 4th Tanzania Bidding Round in October 2013
Tanzania >> 5/19/2013 - The Government of the United Republic of Tanzania through Tanzania Petroleum Development Corporation (TPDC) is pleased to announce the 4th Tanzania Deep Offshore and North Lake Tanganyika Licensing Ro...

Aminex Issues its Interim Management Statement in Tanzania
Tanzania >> 5/19/2013 - Aminex PLC (Aminex), an independent oil and gas company listed on the main market of both the London and Irish Stock Exchanges with activities primarily focused on the coastal margin of East Africa, i...

Petrofac Expects Modest Growth Hit by In Amenas Delays
Algeria >> 5/16/2013 - British oil services firm Petrofac said it expected modest growth in net profit this year after its books were hit by the shut down of the In Amenas gas plant in Algeria following an attack in January...

SPDC Declares Force Majeure on Gas Supplies to NLNG
Nigeria >> 5/16/2013 - Shell Petroleum Development Company Limited (“SPDC”) has declared force majeure on gas supplies to Nigeria LNG, effective 09:00 hrs (Nigerian time) on Wednesday, May 15 2013. ...

DualEx Provides Update on Upcoming Tunisia Drilling
Tunisia >> 5/16/2013 - DualEx reports that the Hydrocarbon Committee has formally approved a one-year extension to the initial term of the Bouhajla Permit, which will now expire on April 29, 2014. As previously announced, t...

Total Buys Shell's Retail Network in Egypt
Egypt >> 5/15/2013 - French oil company Total SA Wednesday confirmed it acquired Royal Dutch Shell PLC's fuel retail network in Egypt as part of its strategy to strengthen its distribution position in the country and wide...

Protesters Halt Oil Exports from Libyan Terminal Again
Libya >> 5/15/2013 - Oil exports from Libya's eastern port of Zueitina have been halted by protesters who stormed the terminal, forcing workers to leave their positions, three industry sources on Wednesday. ...

NuEnergy Commences Airborne Geophysical Survey in Malawi
Malawi >> 5/15/2013 - Indonesian and African focused energy company NuEnergy Gas Limited is pleased to announce that it has commenced an airborne geophysical survey at its Exclusive Prospecting License (EPL 0360/2012) in t...

Afren Completes Farm out Agreement on OPL 310
Nigeria >> 5/14/2013 - Afren plc announces the completion of a farm out agreement with Lekoil Limited ("Lekoil") on the OPL 310 licence, located offshore Nigeria, and an update on the exploration drilling programme on the b...

Mashreq to Build Fuel Terminal on the Suez Canal
Egypt >> 5/13/2013 - Citadel Capital, the leading investment company in Africa and the Middle East, announced today that core platform company Mashreq Petroleum has signed a 25-year concession agreement with the East Port...

Simba Energy Signs MoU with Ajax to Farm out Block 2A
Kenya >> 5/13/2013 - Simba Energy Inc. (Simba), the onshore pan-African oil and gas explorer with assets in Kenya, Guinea and Chad, is pleased to announce that it has signed a memorandum of understanding (MOU) with Ajax E...

Tullow Oil Spuds Etuko-1 Well in Block 10BB
Kenya >> 5/13/2013 - Africa Oil Corp. (Africa Oil) is pleased to announce that Tullow Oil Plc, the operator of Block 10BB in Kenya, has commenced drilling at the Etuko (formerly Kamba) prospect. This well will target a ne...

Proserv Wins a Sampling System Contract for PSVM Field
Angola >> 5/9/2013 - Market-leading energy services company Proserv has won a multi-million dollar contract in Angola, underpinning the company’s fast-evolving subsea status and increasing demand for its sampling system i...

Approval of 3 Petroleum Prospecting Licences in Botswana
Botswana >> 5/9/2013 - SacOil Holdings Limited, the African independent upstream oil and gas company, is pleased to announce that its Botswana subsidiary, Transfer Holdings (Proprietary) Limited, has been advised by the Bot...

Westbridge Establishes Strategic Alliance in Nigeria
Nigeria >> 5/9/2013 - Westbridge Energy Corporation announced it has entered into a strategic alliance agreement (the "Agreement") with United Oil and Gas Nigeria Limited ("UOG") to jointly acquire and develop near term pr...

Ophir & BG Group Extend Deepsea Metro I Rig Contract
Tanzania >> 5/9/2013 - Ophir Energy plc (Ophir) announces that it has secured a drilling rig and executed a letter of agreement for Rig Share Assignment with BG Group for the continuation of its 2013- 2014 East African offs...

Northern Petroleum Spuds GM-ES-4 Exploration Well
French Guiana >> 5/8/2013 - Northern Petroleum Plc is pleased to announce that GM-ES-4, the third well of the current four well exploration programme in the Guyane Maritime Permit (French Guiana) has been spudded by Shell as Ope...

Tullow CEO Sees Uganda Oil Plan MOU Agreed in Next Weeks
Ghana >> 5/8/2013 - U.K.-listed oil explorer Tullow Oil PLC is weeks away from an agreement with the Ugandan government on the final outline of a plan paving the way for investments of some $12 billion to develop the cou...

Correction to Announcement of Accra Block Entry
Ghana >> 5/8/2013 - The Company’s announcement regarding its entry into the Accra Block offshore Ghana incorrectly stated that the Starfish-1 well is estimated to hold an estimated gross prospective un-risked mean resour...

Rialto Completes Accra Block Farm-in with Tap Oil
Ghana >> 5/8/2013 - The Company is pleased to announce that it has received notification from Tap Oil Limited that Rialto has satisfied the conditions under its Farm-in Agreement, for its acquisition of a 12.5% participa...

RAK Petroleum Acquires Interest in Ivory Coast Block 27
Ivory Coast (Cote D'Ivoire) >> 5/8/2013 - RAK Petroleum Public Company Limited, the energy investment company, announced net profits of AED 271.6 million for the year ended 31 December 2012, marking a fourth consecutive year of profitability ...

Apache Announced Three Discovers in Egypt
Egypt >> 5/7/2013 - Apache Corporation announced drilling success with three new discovery wells in Egypt's Western Desert. "Apache's discoveries, made in three separate basins, highlight the company's diverse potential ...

CAMAC Announces Approval of Drilling Permit for Oyo Well #7
Nigeria >> 5/7/2013 - CAMAC Energy Inc announced that Nigeria's Department of Petroleum ("DPR") approved Allied Energy Plc's application for a drilling permit for Oyo well #7. ...

South Sudan to Pay Sudan $2 Billion in Oil Fees by 2015
Sudan >> 5/7/2013 - Sudan looked set to receive $2 billion in oil pipeline fees from South Sudan by the end of 2014 and should prioritize overhauling its agricultural sector with the money, the International Monetary Fun...

Swala Awards US$7.3MM 2D Seismic Contract to Polaris
Tanzania >> 5/7/2013 - Swala Energy Limited (Swala), the oil and gas explorer with oil exploration assets located along the East African Rift System, is pleased to announce that its 65% owned subsidiary, Swala Oil and Gas (...

Nexans Wins 25 Million Euro Contract for Lianzi Project
Angola >> 5/6/2013 - Nexans, a worldwide expert in the cable industry, has been awarded a 25 million Euro contract by Subsea 7, a global leader in seabed-to-surface engineering, construction and services to the offshore e...

ERHC to Farm-out Part of its Interest in Kenya Block 11A
Kenya >> 5/6/2013 - ERHC Energy Inc., a publicly traded American company with oil and gas assets in Sub-Saharan Africa, announced that it has signed a letter of intent with an integrated international oil and gas company...

Petro Viking Signs LOI to Acquire Interests in Namibia
Namibia >> 5/6/2013 - Petro Viking Energy Inc is pleased to announce that it has entered into a Letter of Intent ("LOI") with each of two Namibian corporations which hold current applications for offshore blocks in Namibia...

Sirius Signs Exclusivity Off-take Agreement with Glencore
Nigeria >> 5/4/2013 - Sirius is pleased to announce that it has entered into an Exclusivity Off-take Agreement (“the Agreement”) with Glencore Energy UK Limited (“Glencore”) which includes provision for a conditional pre-f...

Nigerian Lawmakers to Probe State Oil Firm Deals without Tenders
Nigeria >> 5/3/2013 - Nigerian lawmakers said that next week they will investigate deals in which the state-oil firm gave two local firms with no previous operating experience the rights to make potentially billions of dol...


Asia Oil & Gas News

Leyshon Resources Provide Update On Well Testing
China >> 5/22/2013 - Leyshon Resources Limited advises that, further to the announcement of April 22nd, flow testing of the two wells ZJS5 and ZJS6 by its wholly owned subsidiary, Pacific Asia Petroleum Limited (PAPL), is...

Max Successfully Drilled Baichonas West Appraisal Well
Kazakhstan >> 5/22/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that the BCHW-2 appraisal well in the Baichonas West field has reached a total vertic...

Asian Product Markets and Refinery Operations – April 2012
Vietnam >> 5/22/2013 - The Asian market continued bearish on the back of increasing supplies outpacing the regional seasonal weak demand, causing margins to fall, with the exception of fuel oil, which remained strong on the...

Azerikimya Commissions Nitrogen-Oxygen Unit & Water-Cooling Complex
Azerbaijan >> 5/21/2013 - Nitrogen-oxygen unit and water-cooling complex was commissioned at Ethylene-polyethylene Plant of Azerikimya PU.The event was attended by SOCAR President Rovnag Abdullayev, head of the Executive Power...

China Oil Trade - April 2013
China >> 5/21/2013 - China’s crude oil imports rose slightly in March by 10 tb/d or 0.2% to average 5.5 mb/d, while refineries registered lower crude runs. In an annual comparison, crude imports dropped by 119 tb/d or 2% ...

Gazprom and Serbia Press Forward with South Stream
Russia >> 5/21/2013 - Sochi hosted a working meeting among Alexey Miller Chairman of the Gazprom Management Committee, Milan Bacevic, Minister of Natural Resources, Mining and Spatial Planning of the Republic of Serbia and...

Pan Orient announce Thailand L53-DC3 Oil Discovery
Thailand >> 5/21/2013 - Pan Orient Energy Corp. is pleased to announce that the L53-DC3 appraisal well is currently on a 90 day production test producing 15 degree API oil by electrical submersible pump at a rate of approxim...

Testing and Production of 2nd Well of Phase-III of Kharsang Field
India >> 5/20/2013 - Jubilant is pleased to announce that KSG#66 (previously referred to as KPL-3E-4), the second of the six development wells of the Phase-III-Extension drilling campaign in the Kharsang Field, Arunachal ...

Spudding of the 4th Well of Phase of Kharsang Field
India >> 5/20/2013 - Jubilant is pleased to announce that KPL-3E-2, the fourth well of the six well Phase-III-Extension development drilling campaign in the oil producing Kharsang Field, was spudded on 17 May 2013. ...

GEECL wins 25 % stake in ONGC’s Raniganj CBM block
India >> 5/20/2013 - Great Eastern Energy Corporation Ltd. (GEECL), on Monday, said it had won a 25 per cent stake in Oil and Natural Gas Corporation’s (ONGC) Raniganj coal-bed methane (CBM) block in West Bengal. ...

Turkey, Egypt Agree with Iran Proposed Petrochemical OPEC
Iran >> 5/20/2013 - Iranian deputy oil minister says, Turkey and Egypt has agreed with Irans proposal to form an international petrochemical association much like Organization of Petroleum Exporting Countries (OPEC), sta...

Marine-1 Drilling Rig to Start Operations in SP Phase 20
Iran >> 5/20/2013 - Marine-1 drilling rig is set to start drilling 12 wells in phase 20 of the South Pars gas field after completing its operations in the oil layer of the field, Managing-Director of the International Dr...

Gazprom Neft to Invest 50 Billion Rubles in Moscow Refinery
Russia >> 5/20/2013 - Gazprom Neft has adopted a mid-term investment program for its Moscow Oil Refinery. The company will invest over 50 billion rubles in modernization of the enterprise in 2013-2015, which will make it p...

Talisman Announces 1st Oil from HST/HSD Development, Vietnam
Vietnam >> 5/20/2013 - Talisman Energy Inc. has announced first oil production from its Hai Su Trang and Hai Su Den (HST/HSD) development, offshore Vietnam. Gross production is expected to reach 15,000 bbls/day once the fac...

Iran Invests $16 bln in South Pars Gas Field
Iran >> 5/19/2013 - An Iranian oil company official has stated that 16 billion dollars is due to be invested for the development of South Pars gas field within next ten months, as far as projections are concerned. ...

Japan Economy – May 2013
Japan >> 5/19/2013 - Since the newly elected government has shown its willingness to push the economy out of its deflationary corner and lift growth levels beyond its current potential of around 1%, expectations for this ...

Turkey to Transit 2bcm of Iranian Gas to Europe
Iran >> 5/18/2013 - Turkey will to transit 2 billion cubic meters of Iranian gas annually to Europe, the Mehr News Agency reported. ...

Largest SP Gas Field Jacket Installed
Iran >> 5/18/2013 - The final jacket of the South Pars gas field phase 19 as the largest jacket of the gas field was set up in its specific place in depth of 72 meters in the Persian Gulf waters. ...

India Oil Trade in April 2013
India >> 5/17/2013 - India’s crude oil imports dropped In March both on a monthly and on an annual basis. The drop is equal to 75 tb/d or 2% m-o-m, while y-o-y it saw a slight decline of 9 tb/d or 0.3%, to average 3.60 mb...

Indonesia Offers 21 Oil and Gas Blocks in Tender
Indonesia >> 5/17/2013 - According to public relations of Iranian Offshore Engineering and Construction Company quoted from the Shana, Indonesia opened a rights tender for 21 oil and gas exploration blocks, two of which are f...

Far East Spudded 15th and 16th Wells of 2013
China >> 5/16/2013 - Far East Energy Corporation announced that production wells 115V and 119V have reached total depth; preliminary gas content has been determined for the SYE03 appraisal well; and two more wells have be...

Salamander Energy Signed PSCs in Indonesia
Indonesia >> 5/16/2013 - Salamander Energy plc announces that it has signed Production Sharing Contracts (PSCs) for the Northeast Bangkanai and West Bangkanai license areas, onshore central Kalimantan, Indonesia. Salamander i...

Cargotec Wins EUR 22 Million to Deliver AHC Subsea Crane
South Korea >> 5/16/2013 - Cargotec's MacGregor has received EUR 22 million order to deliver a 900-tonne active heave-compensated (AHC) MacGregor subsea crane to the South Korean shipyard, Hyundai Heavy Industries Co Ltd. The c...

Tethys Petroleum Signs Protocol of Intent in Uzbekistan
Uzbekistan >> 5/16/2013 - Tethys Petroleum Limited announced that it has signed a Protocol of Intent ("POI") with the Uzbek State oil and gas company, National Holding Company "Uzbekneftegaz" ("UNG") for exploration work on th...

ABB Wins Long-Term Service Agreement From China LNG Shipping
China >> 5/15/2013 - ABB, the leading power and automation technology group, signed a long-term Preventive Service agreement with China LNG Shipping International Co. Ltd (CLSICO) to provide maintenance services to all AB...

Pertamina Signs First Unconventional PSC in Indonesia
Indonesia >> 5/15/2013 - JAKARTA - PT Pertamina (Persero) has signed the first Sumbagut Non-Conventional Oil and Gas PSC, which is the first MNK PSC in Indonesia and raises Pertamina as the pioneer in developing shale gas in ...

Iran allocates $450m for oil, gas exploration projects
Iran >> 5/15/2013 - Iran has allocated 5.5 trillion rials (about $450 million) to oil and gas exploration projects in the current Iranian calendar year, which started on March 21, Hormoz Qalavand the head of exploration ...

Approval of Licence Extension Asanketken Field on Trial Production
Kazakhstan >> 5/15/2013 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has received final regulatory approval of a two-year extension of the explora...

FSU Oil Trade in April 2013
Russia >> 5/15/2013 - In March, total crude oil exports from the FSU declined by 57 tb/d or 0.9% to average 6.4 mb/d. Crude exports through the Russian pipeline increased by 62 tb/d or 1.5% to average 4.1 mb/d, while crude...

Construction of Kazachya Compressor Station Starts
Russia >> 5/15/2013 - The construction of the Kazachya compressor station (CS) started in the Krasnodar Territory. At the moment, the foundation is being built for the station facilities. ...

Iran and Lebanon Boosting Oil Cooperation
Iran >> 5/14/2013 - Iran and Lebanon oil officials reached new agreements on expanding cooperation in oil and gas industry during a meeting held in Beirut May 12. ...

Gazprom & Petrovietnam Sign MOU in Natural Gas Use
Russia >> 5/14/2013 - In Moscow Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee and Nguyen Vu Truong Son, Vice President of Petrovietnam State Oil and Gas Corporation signed in the presence of Dmitry M...

Gazprom Neft Completes 1st Oil Shipment from Novoport Field
Russia >> 5/14/2013 - Gazprom Neft has completed its first season, which lasted from February through April of this year, of oil shipments from Novoport field. A total of over 10,000 tons of crude oil was shipped from the ...

Gazprom Neft Launches New Associated Gas Utilization Project
Russia >> 5/13/2013 - Gazprom Neft is beginning a project to build a compressor station at Yety-Purovskoye field (developed by Gazprom Neft Noyabrskneftegaz) in Yamalo-Nenets Autonomous Okrug. The new compressor station, w...

Asia Oil Supply – April 2013
India >> 5/12/2013 - Asia’s oil production is expected to remain steady in 2013, compared with last year, with a minor increase of 30 tb/d to average 3.65 mb/d, representing an upward revision of 25 tb/d from the previous...

Iran to Build 6 Oil Refineries in Africa
Iran >> 5/12/2013 - Iran will establish six oil refineries in Africa, the chairman of the union of Iranian exporters of oil derivatives announced. ...

NIDC Providing Engineering and Technical Services
Iran >> 5/12/2013 - Managing director of National Iranian Drilling Company (NIDC) says the company is able to compete with foreign companies in providing engineering and technical services pertaining to drilling industry...

Japan Economy – April 2013
Japan >> 5/11/2013 - Data that has been released on the Japanese economy for the 1Q13 has pointed at continued deceleration when compared to last year. Exports have not entirely recovered yet and domestic demand is still ...

Caspian and China Oil Supply – April 2013
Azerbaijan >> 5/10/2013 - Kazakhstan’s oil output is expected to increase by 80 tb/d to average 1.67 mb/d in 2013, indicating an upward revision of 15 tb/d from the previous MOMR. This revision came on the back of updated prod...

Songa Venus Secures Contract Extension in Vietnam
Vietnam >> 5/10/2013 - Songa Offshore SE is pleased to announce an agreement has been reached with Mubadala Petroleum to further extend the Venus program to cover an additional two firm wells and two option wells in Vietnam...


Global Oil & Gas News

MEO Awarded Bonaparte Basin Exploration Permit WA-488-P
Australia >> 5/23/2013 - MEO Australia Limited advises that it has has been awarded a new exploration permit, WA-488-P in the Bonaparte basin, as part of the 2012 Gazettal Round. MEO will hold 100% interest in the permit. ...

Beach Agreed with Bengal to Farm-in to 50% of ATP 732
Australia >> 5/23/2013 - Beach Energy Limited and Bengal Energy Limited have agreed the key terms of a farm-in to explore for oil in ATP 732 (“Tookoonooka”). Subject to completion of the necessary documentation and appropriat...

Technip, Samsung & Huanqiu Awarded Contract for LNG Project in Canada
Canada >> 5/22/2013 - Technip, leader of a consortium with Samsung Engineering Co Ltd and China Huanqiu Contracting & Engineering Corporation, was awarded by Pacific NorthWest LNG Limited Partnership a contract for the fro...

Zinfra Wins an AU $36Mln Contract on Wheatstone Project
Australia >> 5/21/2013 - Zinfra is pleased to announce it has entered into an agreement with Bechtel for the design and construction of a 132 kV High Voltage Power Cable System for the Chevron-operated Wheatstone Project in W...

KBR Awarded FEED Contract for World-Scale LNG Project
Canada >> 5/21/2013 - KBR announced it was awarded a contract by Pacific NorthWest LNG Ltd., a subsidiary of Malaysia’s state-owned oil company (PETRONAS) and Japan Petroleum Exploration Co., Ltd. (JAPEX), to execute front...

AGR Secures North West Africa Well Management Contract
Norway >> 5/21/2013 - Global oil services provider AGR Petroleum Services has signed an £18million/ NOK 160 million contract with Genel Energy. The company is to deliver Well Management services for Genel Energy’s North/We...

Solo Signs Share Purchase Agreement with Pan Minerals
Switzerland >> 5/21/2013 - Solo confirms that it has signed a definitive Share Purchase Agreement (SPA) with Swiss based Pan Minerals & Oil AG (Pan Minerals) as previously announced on 9 May 2013 to acquire a 15% shareholding i...

Pioneer Provides Results for 1st Horizontal Wolfcamp Well
United States >> 5/21/2013 - Pioneer Natural Resources Company (“Pioneer” or “the Company”) announced that it has placed on production the Company’s first horizontal Wolfcamp Shale well in Martin County, Texas. The Mabee K #1H we...

Emerson’s DVC6200 Valve Controller without Position Transmitter
United States >> 5/21/2013 - Emerson’s Fisher FIELDVUE DVC6200 digital valve controller series now incorporates a 4-20mA position transmitter that can also be configured as a discrete switch. Having the valve position transmitter...

American Eagle Provides Financial Results for 1Q
United States >> 5/21/2013 - American Eagle Energy Corporation ("American Eagle" or the "Company") files Form 10-Q and provides results of operations for the first quarter of 2013. ...

First Oil from Fletcher Finucane Ahead of Schedule
Australia >> 5/20/2013 - Santos announced that oil production has commenced ahead of schedule and on budget from the $490 million Fletcher Finucane project in the Carnarvon Basin offshore Western Australia. ...

HRT Concluded Drilling of 1-HRT-11- AM Well
Brazil >> 5/20/2013 - HRT Participaçoes em Petroleo S.A announces that its wholly-owned subsidiary HRT O&G Exploraçao e Produçao de Petroleo Ltda ("HRT O&G") concluded the drilling of well 1-HRT-11- AM, on the Cajazeira pr...

Use of Mechanical Seal with DiamondFace Coating in Multi-Phase Pumps for Petroamazonas in Ecuador
Ecuador >> 5/20/2013 - Multi-phase pumps for crude oil are truly multi-talented. They reliably pump mixtures of crude oil, formation water, and natural gas, in vastly differing concentrations and compositions. The pump's se...

New API 682 Standard for Mechanical Seals and Supply Systems
Germany >> 5/20/2013 - Nearly six years of work went into the current update of the API 682 mechanical seal standard, due to come into force shortly. Since its introduction in 1994, API 682 has become "the" standard that se...

SOCAR Turkey Signs STAR Refinery Construction Agreement
Turkey >> 5/20/2013 - An agreement on construction of the Star refinery was signed at Chiraghan Hotel in Turkey. The document was signed by head of SOCAR Investments Division and Petkim’s Chairman of Board Vagif Aliyev, Ch...

PAA Constructs Extension of Western Oklahoma Pipeline
United States >> 5/20/2013 - Plains All American Pipeline, L.P. announced it is constructing a 95-mile extension of its existing Oklahoma crude oil pipeline system to service increasing production from the Granite Wash, Hogshoote...

First Use of NG to Power Equipment for Hydraulic Fracturing
United States >> 5/20/2013 - Cabot Oil & Gas Corporation announces the use of Marcellus Shale natural gas to fracture wells via innovative dual fuel technology. This marks the first time "field" gas has been used in northeastern ...

Chesapeake Names Robert Douglas Lawler CEO
United States >> 5/20/2013 - Chesapeake Energy Corporation announced that Robert Douglas (“Doug”) Lawler, 46, Senior Vice President, International and Deepwater Operations at Anadarko Petroleum, will join Chesapeake as Chief Exec...

Petrominerales Awarded 3 Blocks in the 11th Bid Round
Brazil >> 5/17/2013 - Petrominerales is pleased to announce that, following the Brazilian 11th Bid Round ("Bid Round"), administered by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis of Brazil ("ANP"), we ...

Southwestern Closes Acquisition of Marcellus Shale
United States >> 5/17/2013 - Southwestern Energy Company announced that it has closed its recently announced acquisition of approximately 162,000 net acres in the Marcellus Shale in Pennsylvania. The properties were acquired fr...

MC Advances Plans for LNG Exports from USA
United States >> 5/17/2013 - Mitsubishi Corporation (MC) has signed a 20-year tolling agreement with Cameron LNG (CLNG), a subsidiary of Sempra Energy (Sempra), for the liquefaction of natural gas which would enable export of liq...

BP One Step Closer to Completion of Carson Refinery
United States >> 5/17/2013 - BP announced that it expects to complete the sale of its Carson Refinery and Southwest U.S. retail assets to Tesoro Corporation in the second quarter of this year now that the transaction has received...

Chevron Agrees Terms of Argentina Shale Investment with YPF
Argentina >> 5/16/2013 - Argentine energy company YPF (YPF.N) signed an agreement with U.S. oil major Chevron Corp on Wednesday to define the terms and conditions of Chevron's investment of up to $1.5 billion in Argentina's v...

ATCO Awarded A$100 Mln Contract on Wheatstone Project
Australia >> 5/16/2013 - ATCO Structures & Logistics Pty. Ltd (ATCO) is pleased to announce that it has entered into an agreement with Bechtel to design, manufacture, transport and install 357 modular units for the Chevron-op...

Premier Awarded 3 Blocks in Brazil’s 11th Round
Brazil >> 5/16/2013 - Premier is pleased to announce that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in ...

Petrobras Buys the Most Blocks in the 11th Round
Brazil >> 5/16/2013 - Petrobras announces that it acquired the most blocks offered in the 11th Bid Round held by the National Petroleum Agency (ANP). Petrobras bought, whether on its own or in partnerships, 34 of the 289 b...

Gran Announces Successful Acreage Awards in Brazil
Brazil >> 5/16/2013 - Gran Tierra Energy Inc., a company focused on oil exploration and production in South America, announced successful bids on three blocks in the recently completed 2013 Brazil Bid Round administered by...

OGX & MPX Signs an Agreement for 4 Blocks in Round 11
Brazil >> 5/16/2013 - OGX Petroóleo e Gas Participacoes S.A. (“OGX”), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has signed an agreement (...

Technip Awarded Contract for Polyethylene Expansion Project in Canada
Canada >> 5/16/2013 - Technip was awarded by NOVA Chemicals Corporation the detail engineering, and procurement services contract for the Polyethylene 1 expansion project located at their Joffre site near Red Deer in Alber...

TOYO Awarded FEED for Polyethylene Plant in USA
United States >> 5/16/2013 - Toyo Engineering Corporation (TOYO, President and CEO Katsumoto Ishibashi) was awarded a contract from Sasol North America, Inc. (Sasol) to provide Front End Engineering Design (FEED) services for a 4...

FCX & PXP Announce Preliminary Results of Merger Election
United States >> 5/16/2013 - Freeport-McMoRan Copper & Gold Inc. and Plains Exploration & Production Company announced the preliminary results of the elections made by PXP stockholders regarding the form of merger consideration t...

Chariot Awards Four Blocks in Barreirinhas Basin
Brazil >> 5/15/2013 - Chariot Oil & Gas Limited is pleased to announce that the Company has, subject to final contract, been successful in its bids for a 100% interest and operatorship in four shallow-water exploration lic...

Geopark Awards Seven New Blocks in Round 11
Brazil >> 5/15/2013 - GeoPark Holdings Limited ("GeoPark"), the Latin American oil and gas explorer, operator and consolidator with operations and producing properties in Chile, Colombia and Argentina, is pleased to announ...

Geopark Enters SPA for $ 140m in the BCAM-40 Block
Brazil >> 5/15/2013 - Panoro Energy ASA's wholly-owned subsidiary Panoro Energy do Brasil Ltda has on 14 May 2013 entered into a sales and purchase agreement (SPA) to divest its Brazilian subsidiary Rio das Contas to GeoPa...

Ecopetrol Awards Three Blocks in Brazil Bidding Round
Brazil >> 5/15/2013 - Ecopetrol S.A. announces that it submitted the highest bids for three exploratory blocks in the 11th Bidding Round carried out yesterday by the Agencia Nacional do Petroleo, Gas Natural e Biocombustiv...

OGX Acquires 13 Exploration Blocks in 11th Bid Round
Brazil >> 5/15/2013 - OGX Petroleo e Gas Participacoes S.A. (“OGX”), the Brazilian oil and gas company responsible for the largest private-sector exploratory campaign in Brazil, announces that it has acquired a working int...

BP Wins 8 Exploration Blocks in Brazil Round 11
Brazil >> 5/15/2013 - BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP wi...

Statoil Awarded 6 Licences Offshore Brazil
Brazil >> 5/15/2013 - Statoil was the highest bidder on 6 licences in Brazil's 11th licensing round, the first licencing round in the country since December 2008. With the new licences, Statoil has strengthened its positio...

Clontarf Concludes Agreement on its Peruvian Blocks
Peru >> 5/15/2013 - Clontarf Energy plc announces that it has concluded an agreement on its Peruvian oil and gas exploration Blocks. ...

Expanding Line of Micro Motion ELITE Coriolis Flowmeters
United States >> 5/15/2013 - Emerson Process Management has added the Micro Motion ELITE CMFS sensor platform to its line of Coriolis flowmeters to deliver precise measurement to smaller line sizes (pipelines less than 2 inches o...


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