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Middle East Oil & Gas News

Oxy Oman Signs Contracts with Two Local Firms
Oman >> 5/22/2018 - Occidental Oman (Oxy Oman) has signed two oil field service contracts with local Omani companies as part of its in-country value (ICV) strategy that aims to maximise the company’s contribution to soci...
Kuwait Energy Appoints Adviser as It Looks to Sell Iraq Asset
Iraq >> 5/20/2018 - Kuwait Energy, an independent oil and gas company, has hired investment bank Perella Weinberg Partners (PWP) to advise it on options that could include selling all or part of its Block 9 asset in sout...
HEESCO Signs Sharing Contracts with 3 International Companies
Iraq >> 5/17/2018 - The minister of oil confirmed on the keenness of the ministry of oil to develop the performance of the national companies to execute the technical & engineering projects according to the newest intern...
WorleyParsons Wins Saudi Aramco GES Contract
Saudi Arabia >> 5/16/2018 - WorleyParsons has been awarded a General Engineering Service (GES) contract by Yanbu Aramco Sinopec Refining Company (YASREF) to help optimize the production of its facilities. ...
Iraq Invites Bids to Build Oil Refinery in Diwaniya
Iraq >> 5/15/2018 -  Investors interested in bidding to build a 70,000 barrel-per-day oil refinery in Diwaniya south of Baghdad have until July 31 to make offers, the Iraqi oil ministry said in a statement. ...
Qatar Petroleum to Build a World-scale Petrochemicals Complex
Qatar Petroleum to Build a World-scale Petrochemicals Complex Qatar >> 5/15/2018 - Qatar Petroleum has invited a group of leading international companies, with extensive experiences in the petrochemicals industry, to submit proposals for partnering with Qatar Petroleum in the develo...
JDR Bags Safaniya Work From McDermott
Saudi Arabia >> 5/15/2018 - JDR Cable Systems, the leading supplier of subsea power cables and umbilicals to the global offshore energy industry owned by TFKable Group, has been awarded a contract by McDermott for the Safaniya p...
KBR Awarded EPCM Contract by BOC to Develop Majnoon Field
KBR Awarded EPCM Contract by BOC to Develop Majnoon Field Iraq >> 5/14/2018 - KBR, Inc. has been awarded a contract by Basra Oil Company (BOC) for the development of the Majnoon Oil Field in Basra, Iraq. Under the terms of the contract, KBR will provide overall project manageme...
ADNOC and Cepsa Sign Agreement for New LAB Facility
United Arab Emirates >> 5/14/2018 - The Abu Dhabi National Oil Company (ADNOC) has signed a project development agreement with Cepsa of Spain for a new, world-scale Linear Alkylbenzene (LAB) facility in ADNOC’s refining and petrochemica...
Total Signs an Agreement to Develop Integrated Gas Project in Oman
Oman >> 5/13/2018 - Total has signed a Memorandum of Understanding (MoU) with the Government of Oman to develop natural gas resources in Oman. This MoU covers both upstream and downstream businesses. ...
ADNOC Announces AED 165B Investment Plan to Become Leading Downstream Player
ADNOC Announces AED 165B Investment Plan to Become Leading Downstream Player United Arab Emirates >> 5/13/2018 - The Abu Dhabi National Oil Company (ADNOC) unveiled plans to invest AED 165 billion (US $45 billion) alongside partners, over the next five years, to become a leading global downstream player, enablin...
Yemen's Aden Refinery Seeking 150,000 tonnes of Oil Products
Yemen >> 5/13/2018 - Yemen’s Aden refinery is seeking 150,000 tonnes of oil products for the local market in two separate tenders, the state news agency SABA said. ...
Award for Design of Oman Petchem Complex Soon
Oman >> 5/12/2018 - Having signed in place agreements for the implementation of the $7 billion Duqm Refinery project, the joint venture partners — Oman Oil Company and Kuwait Petroleum International (KPI) — are now prepa...
LUKOIL Signs New Development Plan for West Qurna-2 Field
Iraq >> 5/11/2018 - LUKOIL and the Basra Oil Company signed a Development Plan of West Qurna-2 field that provides for an oil production plateau of 800 thousand barrels per day. According to the Plan, the oil production ...
Bahrain Launches $1 bln Energy Fund
Bahrain >> 5/10/2018 - Bahrain’s government has launched an energy fund that aims to raise $1 billion from local, regional and international investors to develop the kingdom’s energy assets, Oil Minister Sheikh Mohammed bin...
Iraq Sets June 14 Bid Deadline for Kut Oil Refinery Project
Iraq >> 5/9/2018 - Investors interested in bidding for a project to build a 100,000 barrel-per-day refinery in Kut have until June 14 to make offers, an oil ministry statement said. ...
Iraq Lifts Oil Output at Eni's Zubair Field
Iraq >> 5/9/2018 - Iraq has lifted oil production at Eni’s Zubair field in the south by 50,000 barrels per day (bpd) to 475,000 bpd, an Iraqi oil official said. ...
Rolls-Royce & Siem Offshore Sign Cooperation Agreement
United Arab Emirates >> 5/9/2018 - Rolls-Royce has signed a long-term service agreement with offshore vessel owner Siem Offshore for the maintenance of its deck machinery installations aboard 12 state-of-the art anchor handling vessels...
Energean Receives Class Approval for FPSO Design for Karish-Tanin
Israel >> 5/8/2018 - Energean Oil & Gas (LSE), the independent oil and gas exploration and production company focused on the Eastern Mediterranean, announces that it has received Class approval from DNV-GL, the global qua...
Iraq, BP Sign Kirkuk Oilfield Development Contract
Iraq >> 5/7/2018 - Iraq’s state-run North Oil Company signed an agreement with BP to triple output from the Kirkuk fields in the north of the country, Oil Minister Jabar al-Luaibi said. The agreement was signed in the s...
Oman Working with McKinsey to Integrate Refining, Petrochemical Assets
Oman >> 5/7/2018 - Oman is working with consultancy Mckinsey & Co to integrate its refining and petrochemical industries into one entity, a senior Omani official and a financial source familiar with the matter said. ...
Agreement Signed to Set up LPG Bottling Plant in Musandam
Oman >> 5/6/2018 - A cooperation agreement to establish a Liquefied Petroleum Gas (LPG) bottling plant in Musandam was signed by Oman Oil Company Exploration and Production (OOCEP), Fund for Development of Youth Project...
Qatar Petroleum Awards North Field Expansion Contract to McDermott
Qatar >> 5/6/2018 - Qatar Petroleum has awarded the Detail Design to Approved for Construction status for the offshore jackets for the new North Field Expansion Project to McDermott. ...
Saudi Aramco Awards 16 Local Firm Deals Worth $7 Billion
Saudi Aramco Awards 16 Local Firm Deals Worth $7 Billion Saudi Arabia >> 5/5/2018 - Saudi Aramco has further expanded its In-Kingdom Total Value Add (IKTVA) program and strengthened its relationship with local industry players by awarding purchase agreements to 16 Saudi pressure vess...
Israeli Court Dismisses Petition Against Karish-Tanin Development
Israel >> 5/3/2018 - Energean Oil & Gas (LSE), the independent oil and gas exploration and production company focused on the Eastern Mediterranean, announces that the petition filed by Hof Hacarmel Regional Council agains...
ADNOC, Borouge Sign Deal to Handle Ruwais Container Terminal Operations
United Arab Emirates >> 5/2/2018 - ADNOC Logistics and Services, the shipping and services arm of the Abu Dhabi National Oil Company (ADNOC), has signed a contract with Borouge, a leading provider of value creating plastics solutions, ...
Polarcus Awarded XArray 3D Project in Asia Pacific
United Arab Emirates >> 5/2/2018 - Polarcus Limited has received a Letter of Award for an XArray 3D marine seismic acquisition project in Asia Pacific. The project duration is approximately two months and is expected to start immediate...
Chiyoda Sign MOU to Provide Latest Technology for Abu Dhabi LNG Plant
United Arab Emirates >> 5/2/2018 - Chiyoda Corporation has concluded a memorandum of understanding (MOU) with Abu Dhabi Gas Liquefaction Company Limited (ADNOC LNG) to provide state-of-the-art digital technologies, including artificial...
Oman Plans 6 New Solar, Wind Power Projects
Oman >> 5/1/2018 - Adding new momentum to its nascent renewables energy programme, Oman has unveiled plans for six new solar and wind powered projects aimed at delivering a total of around 2,650 megawatts (MW) of renewa...
Zion Resumes Operations on Megiddo-Jezreel #1 Well in Israel
Israel >> 4/30/2018 - Zion Oil & Gas, Inc has resumed operations on its Megiddo-Jezreel #1 (MJ #1) well. After receiving formal approval from the Israeli Energy Ministry, Zion will now begin to flow test the MJ #1 well aft...
KCA Deutag Acquires Omani and Saudi Arabian Businesses of Dalma Energy
Oman >> 4/30/2018 - KCA Deutag has completed the acquisition of the Omani and Saudi Arabian businesses of land drilling contractor Dalma Energy. ...
KBR Wins FEED Contract for Saudi Oil-to-Chemicals Complex
KBR Wins FEED Contract for Saudi Oil-to-Chemicals Complex Saudi Arabia >> 4/30/2018 - KBR, Inc. has been awarded a contract by Saudi Arabian Oil Company (Saudi Aramco) and SABIC as the second Project Management Contractor (PMC) to provide Pre-Front End Engineering Design (Pre-FEED), Fr...
ARO Drilling Awarded Four Contracts from Aramco for Rowan Jack-ups
Saudi Arabia >> 4/30/2018 - Rowan Companies plc expects that four of its idle jack-ups will be leased to ARO Drilling to fulfill four three-year contracts that ARO Drilling has been awarded by Saudi Aramco. ...
INPEX Appointed Asset Leader for Lower Zakum Offshore Concession
United Arab Emirates >> 4/30/2018 - Inpex Corporation has been appointed as Asset Leader for the Lower Zakum Oil Field offshore Abu Dhabi in the United Arab Emirates (UAE) by the Abu Dhabi National Oil Company (ADNOC). INPEX, which rece...
Iraq Awards 6 Exploration Blocks for Rehabilitation & Development
Iraq >> 4/29/2018 - Mr. Jabbar Ali Al-Luiebi the minister of oil confirmed on the keenness of the ministry of oil to rehabilitate and develop the exploration blocks to raise the oil reserves. ...
Qatar Signs 15 Year Contract to Supply Vietnam with LPG, Naphtha
Qatar >> 4/29/2018 - Qatar Petroleum has announced an agreement to supply Vietnam with up to 2 million tons per year of LPG and Naphtha for a period of 15 years. ...
OMV and ADNOC Sign New Offshore Concession Agreement
OMV and ADNOC Sign New Offshore Concession Agreement United Arab Emirates >> 4/29/2018 - His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and His Excellency Sebastian Kurz, Austrian Federal Chancellor witness...
SRG Secures AUD $26.5M LNG Tank Project in Kuwait
Kuwait >> 8/7/2017 - SRG Limited, a leading complex services company, is pleased to announce that it has secured a AUD $26.5 million contract with Hyundai Engineering and Construction Co., Ltd. for the provision of specia...

Africa Oil & Gas News

EBRD Finances Upgrade of Egypt’s Suez Refinery
EBRD Finances Upgrade of Egypt’s Suez Refinery Egypt >> 5/23/2018 - Supporting the modernisation of Egypt’s oil industry, the EBRD is providing a US$200 million for major investments in energy efficiency and refurbishment of the oil refinery owned by Suez Oil Processi...
Libyan Protesters Shut Down Eastern Raguba Oilfield
Libya >> 5/23/2018 - Libyan protesters shut down the eastern Raguba oilfield which had 5,000 barrels per day (bpd) of crude production feeding Brega port, said a spokesman for the owner, state-run Sirte Oil. ...
Bowleven Provides Etinde Operational Update
Cameroon >> 5/22/2018 - Bowleven, the Africa focused oil and gas company traded on AIM, is pleased to announce the spud on 21 May 2018 of the IM-6 appraisal well at the Etinde block, Cameroon, by the block's operator, New Ag...
Result of Kelvin-1X Exploration Well in Egypt
Result of Kelvin-1X Exploration Well in Egypt Egypt >> 5/22/2018 - SDX Energy Inc. (SDX), announces that the Kelvin-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator) has been drilled to a total depth of 8075 feet, encountering 606 net...
Egypt Sets Deadlines for Oil & Gas Exploration Bids
Egypt Sets Deadlines for Oil & Gas Exploration Bids Egypt >> 5/22/2018 - Egypt has set October 1 and October 8 deadlines for two major international tenders for oil and gas exploration spanning 27 onshore and offshore blocks, the oil ministry said. ...
Egypt to Launch 2 Oil & Gas Exploration Bid Rounds in 2018
Egypt to Launch 2 Oil & Gas Exploration Bid Rounds in 2018 Egypt >> 5/21/2018 - Egypt will launch two international bid rounds for oil and gas exploration in 2018, the petroleum ministry said in a statement. ...
Azinam Plans to Execute Multi-Well Programme Offshore Namibia
Namibia >> 5/21/2018 - Azinam Limited, the Seacrest Capital Group backed explorer focused on offshore Namibia, is pleased to announce that it is planning a multi-well drilling campaign over the next 24 months. The planned d...
Egypt Will Announce Winner for Coal-Fired Power Plant, Next Week
Egypt Will Announce Winner for Coal-Fired Power Plant, Next Week Egypt >> 5/20/2018 - Egypt next week will announce the winning consortium to build a 6,000 megawatt coal-fired power plant in the Red Sea port of Hamrawein after having received bids from three international consortiums, ...
Kenya Oil Production on Course after Agreement on Revenue Share
Kenya >> 5/19/2018 - Kenya will start the small scale export of crude oil from its fields in the far northern county of Turkana in June after an agreement on how to share the revenue, averting delays, the presidency said ...
SDX Energy Confirms Significant Gas Discovery at Ibn Yunus-1X
Egypt >> 5/18/2018 - SDX Energy Inc., the North Africa focused oil and gas company, has announced the positive results of the well test conducted on the Ibn Yunus 1X well following the recent conventional natural gas disc...
Ghana to Award Nine New Oil Blocks offshore West Coast
Ghana >> 5/17/2018 - Ghana is set to award nine new upstream oil blocks for commercial exploration off its western coast beginning this year, the energy ministry said on Thursday. ...
Rig Contract Signed for the Drilling of Ubima-1
Nigeria >> 5/17/2018 - Eland Oil & Gas PLC, an oil and gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that it has signed a rig contract with KCA Deut...
Eland Oil & Gas Provides Opuama-9 Update
Nigeria >> 5/16/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce the following update on the Opuama-9 well in lice...
Egypt to Pay off $850M in Debt to Foreign Oil Companies
Egypt to Pay off $850M in Debt to Foreign Oil Companies Egypt >> 5/14/2018 - Governor of Egypt's Central Bank Tarek Amer said that the country is expected to make an $850 million payment on its debts to foreign oil companies. ...
The Egyptian Cypriot Hope Pipeline to Cost $1B
The Egyptian Cypriot Hope Pipeline to Cost $1B Egypt >> 5/14/2018 - Last week, the Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, agreed to establish the hope pipeline, which sha...
Farm-out of EG-24 exploration licence
Equatorial Guinea >> 5/14/2018 - Ophir announces that it has entered into a farm-out agreement with Kosmos Energy covering the EG-24 exploration licence in Equatorial Guinea. Under the terms of the agreement, Kosmos will acquire a 40...
Panoro Energy Drills Successful Appraisal Well on Tortue Field
Gabon >> 5/14/2018 - Panoro Energy is pleased to announce the successful drilling of the DTM-3 appraisal well located at the Tortue field, within the Dussafu License, offshore Gabon. The DTM-3 appraisal wellbore was desig...
Swala Extends The 2nd &3rd Closing Dates of Orca Investment
Tanzania >> 5/14/2018 - Swala Oil & Gas (Tanzania) plc announced that Orca Exploration Group Inc. (“Orca”) has agreed to an additional extension to the date by which the second closing and third closing of the previously ann...
Libya's Bahr al-Salam Gas Field Resumes Operations
Libya's Bahr al-Salam Gas Field Resumes Operations Libya >> 5/13/2018 - Libya’s offshore Bahr al-Salam gas field has resumed operations with production of 380 million cubic feet per day, state firm NOC said after completing upgrade and maintenance. ...
Total Launches Engineering Studies for Petrochemical Project in Arzew
Algeria >> 5/11/2018 - As part of the comprehensive partnership announced in 2017, Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, western Algeria. ...
Arrival of the Topaz-Driller
Cameroon >> 5/11/2018 - Bowleven, the Africa focused oil and gas exploration group, is pleased to announce the arrival of the Topaz-Driller rig in Cameroon waters. The two well appraisal drilling campaign on the Etinde asset...
Egypt & China's GCL Signs MOU for $2B Solar Panel Factory
Egypt & China's GCL Signs MOU for $2B Solar Panel Factory Egypt >> 5/10/2018 - China’s GCL Group has signed a memorandum of understanding (MOU) with Egypt’s ministry of military production to build a solar panel facility at a cost of up to $2 billion, state-run newspaper Al-Ahra...
Eni Starts Up Zohar Third Production Unit
Eni Starts Up Zohar Third Production Unit Egypt >> 5/10/2018 - Eni announces the start-up of the third production unit (T-2) of the Zohr project, increasing the installed capacity to 1.2 bcfd. Zohr is now producing 1.1 bcfd in ramp-up, equivalent to approximately...
Noble Signs Agreement to Progress Development of Alen Natural Gas
Equatorial Guinea >> 5/10/2018 - Noble Energy, Inc. has executed, along with the Government of the Republic of Equatorial Guinea and necessary third-parties, a Heads of Agreement establishing the framework for development of natural ...
Calima Energy Awarded Block 2813B in Namibia's Orange River Basin
Namibia >> 5/10/2018 - Calima Energy Limited has expanded its asset portfolio in Africa through the award of a Petroleum Agreement for offshore Block 2813B, covering an area of 5,344 km2 in the Orange River Basin of Namibia...
Eni Completes the Ramp-up of Ochigufu Field, Offshore Angola
Angola >> 5/9/2018 - Eni has completed the ramp-up of the Ochigufu field, in Angola’s deep offshore, reaching the production plateau of 24,000 barrels/day (b/d) less than 2 months from start-up. This result allows the ope...
Egypt & Uganda Sign Energy, Industrial & Agricultural Agreements
Egypt & Uganda Sign Energy, Industrial & Agricultural Agreements Egypt >> 5/9/2018 - Egypt and Uganda signed a number of cooperation agreements on Tuesday in a ceremony in Cairo attended by ministers of both countries and presided over by Egyptian President Abdel-Fattah El-Sisi and hi...
Egypt Approves Oil Exploration Deal with Eni & Tharwa of Mediterranean
Egypt Approves Oil Exploration Deal with Eni & Tharwa of Mediterranean Egypt >> 5/9/2018 - Egypt has approved an exploration agreement with Italy’s Eni and the Egyptian Tharwa company to search for oil and gas in the Mediterranean off the coast of northern Sinai, the Egyptian oil minister s...
Sonatrach to Produce Clean-Burning Fuels Using Honeywell Technology
Algeria >> 5/8/2018 - Honeywell (HON) announced that Sonatrach will use technologies from Honeywell UOP to expand the Skikda Refinery on the eastern Mediterranean coast of Algeria. The new technologies will enable Sonatrac...
SDX Spudded Kelvin-1X Exploration Well in Egypt
SDX Spudded Kelvin-1X Exploration Well in Egypt Egypt >> 5/8/2018 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce that it has spud its Kelvin-1X exploration well at South Disouq, Egypt (SDX 55% working interest and operator). ...
Savannah Spudded Amdigh-1 Well
Niger >> 5/8/2018 - Savannah Petroleum PLC announces that the second well in its three well Niger drilling campaign, Amdigh-1, was spudded on 6 May 2018. Amdigh-1 is located on the R3 portion of the R3/R4 PSC Area in the...
Marubeni & BMCE Bank of Africa Sign MOU for New Businesses
Morocco >> 5/7/2018 - Marubeni Corporation (Marubeni) has signed a Memorandum of Understanding (the Agreement) with BMCE Bank of Africa (BMCE) for the joint development of new business opportunities in Morocco and other Af...
SDX Energy Announces Gas Discovery at LMS-1 Well in Morocco
Morocco >> 5/7/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that a conventional natural gas discovery has been made at its LMS-1 exploration well on the Lalla Mimouna p...
ExproSoft Partners with Altea Resources in Algeria
Algeria >> 5/3/2018 - ExproSoft, a supplier of well integrity and reliability software to the oil & gas industry, has partnered with Altea Resources, a global oilfield solutions provider, with focus on the Algerian market....
TWMA to Deliver Drill Cuttings Management Services to New Age
Cameroon >> 5/3/2018 - TWMA, a provider of specialized drilling waste management services, is set to deliver drill cuttings management services to New Age Cameroon Offshore Petroleum (New Age) in a two well, offshore drilli...
Anglo Provides Operational and Financial Update
Congo >> 5/3/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to provide the following operational update on its 56% owned Tilapia field ('Tilapia') in the Republic of the Congo togeth...
Eni Announces an Oil Discovery in the Faghur Basin in Egypt
Eni Announces an Oil Discovery in the Faghur Basin in Egypt Egypt >> 5/3/2018 - Eni announces an oil discovery on the A-2X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 103 Km North of the oasis of Siwa. The well is the first one...
One Year Extension to R1/R2 Production Sharing Contract
Niger >> 5/3/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce it has received a one year extension to its R1/R2...
ION Commences New 2D Multi-Client Program Offshore West Africa
Ghana >> 5/2/2018 - ION Geophysical Corporation announced acquisition began on a new 2D multi-client program offshore Ghana in partnership with Geoex and Ghana Geophysical. ION and its partners will acquire up to 7,200 ...
Flintstone Secures Moorings System Contract in Ghana
Ghana >> 5/2/2018 - Flintstone Technology has secured a substantial contract with MODEC for its in-line tensioning and pull through connection mooring system to be deployed off West Africa. ...

Asia Oil & Gas News

Rig Inspection Deal to Aqualis Offshore
Turkmenistan >> 5/23/2018 - Aqualis Offshore has been awarded a one-year Rig Inspection service agreement with Petronas Carigali (Turkmenistan) Sdn. Bhd, to conduct drilling rig integrity inspection services for its drilling pro...
SP Flowing Pipelines & Jackets Under Inspection
Iran >> 5/22/2018 - A project to inspect flowing pipelines, jackets for gas and accommodation platforms was started in order to protect south pars offshore facilities. ...
Iran Ready for Gas Supply to Iraq Households, Industries
Iran >> 5/21/2018 - An Iranian gas official said the country was ready to start supplying natural gas to the housing, commercial and industrial sectors of neighboring Iraq. ...
Efforts Continue to Save Iran Oil Market Share
Iran >> 5/21/2018 - Climate Action and Energy Commissioner Miguel Arias Ca?ete met Iranian Minister of Petroleum Bijan Zangeneh in his Tehran office on Saturday in a bid to protect Iran"s oil trade following US withdrawa...
Iran Signs Agreement with Pergas Consortium to Develop Irans Oilfield
Iran >> 5/21/2018 - Iran has signed a deal with Pergas Consortium, a group of international oil and gas companies based in London, to develop Irans Karanj oilfield in its southwestern province of Khuzestan, local media r...
Jadestone Energy Provides an Update on New Contract for Ogan Komering, Indonesia
Indonesia >> 5/20/2018 - Jadestone Energy Inc. (JSE) announces that a new gross split Production Sharing Contract (“PSC”) for the Ogan Komering working area has been signed between PT Pertamina Hulu Energi Ogan Komering (“Per...
All New Decision in OPEC Needs Unity
Iran >> 5/20/2018 - Iranian Oil Minister Bijan Zanganeh says Tehran’s oil exports to remain unchanged if the Iran nuclear deal is salvaged by the EU following the US withdrawal from the multinational accord. ...
CNOOC Signs PSCs with Husky
China >> 5/18/2018 - CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed two production sharing contracts (PSCs) with Husky Oil Operations (China) Limited (Husky) f...
Company Deals at Risk from U.S. Sanctions on Iran
Iran >> 5/18/2018 - French gas and power group Engie (ENGIE), Polish gas firm PGNiG (PGN) and German lender DZ Bank were the latest companies on Friday to say that their business dealings with Iran would be affected by t...
Volga Gas Commences LPG Production at its Dobrinskoye Gas Processing Plant
Russia >> 5/18/2018 - Volga Gas, the oil and gas exploration and production group operating in the Volga Region of Russia, has announced that production of liquid petroleum gases (LPG) has commenced at its Dobrinskoye gas ...
Chinese Pipeline Selects Rotork ELB for Increased Line Break Safety
China >> 5/17/2018 - The Rotork Electronic Line Break (ELB) is a robust, self-contained system that combines pipeline pressure monitoring with intelligent valve control. It continuously monitors upstream and downstream pi...
Lukoil Completes Integrated Geophysical Model for Denisov License Area
Russia >> 5/17/2018 - LUKOIL has built an integrated geological and geophysical model of fields and exploration structures of the Denisov depression in Timan-Pechora oil and gas province. The modelling, completed with 3D s...
Efficient Technology of TatNIPIneft
Russia >> 5/17/2018 - The experts of the TATNEFT’s TatNIPIneft have developed a technology for using glass fiber processing by-products in the construction of wells. ...
Power of Siberia Gas Pipeline 83% complete, over 1,790 Kilometers Built
Russia >> 5/17/2018 - The Gazprom Management Committee took note of the information about the ongoing construction of the Power of Siberia gas pipeline and the shaping of gas processing infrastructure in Russia’s Far East....
Total’s Position Related to the South Pars 11 Project in Iran
Iran >> 5/16/2018 - On 4 July 2017, Total, together with the other partner Petrochina, executed the contract related to the South Pars 11 (SP11) project, in full compliance with UN resolutions and US, EU and French legis...
Keppel to Build Two Dredgers for Van Oord
Singapore >> 5/16/2018 - Keppel Offshore & Marine's (Keppel O&M) wholly-owned subsidiary Keppel Singmarine Pte Ltd (Keppel Singmarine) has secured contracts from Van Oord to build two high-specification Trailing Suction Hoppe...
Rosneft Starts Drilling Offshore Production Wells in Vietnam
Vietnam >> 5/16/2018 - Rosneft Vietnam B.V. has started drillling of LD-3P (Lan Do field) production well as part of Block 06.1 development. Rosneft acts as an operator of this project which proves high level of its compete...
Iran to Increase Oil Output from Azar, South Azadegan Oilfields
Iran >> 5/15/2018 - The CEO of the Petroleum Engineering and Development Company (PEDEC) says the company is planning to ramp up crude oil production from the joint Azar and South Azadegan oilfields during the current Ir...
Marubeni & Northvolt Sign MoU for Collaboration in the Lithium-Ion Battery Business
Japan >> 5/15/2018 - Marubeni Corporation (Marubeni) has signed a Memorandum of Understanding (hereinaftrer, “the Agreement”) with Northvolt AB (hereinafter “Northvolt”) for collaboration in the lithium-ion battery (herei...
New Analyzer Systems Shipped to One of the Biggest Oil Refineries in Russia
Russia >> 5/15/2018 - Ten new analyzer systems have been shipped to one of the biggest oil refineries in Russia. Modcon provides process analyzers and complete integrated analyzer systems and all related services from init...
Nord Stream 2 Starts Offshore Preparatory Pipelay Works in Germany
Russia >> 5/15/2018 - Nord Stream 2 has started the offshore preparatory works for the subsequent pipe laying in the Bay of Greifswald. Five dredgers are now working on the trench for the two pipeline strings. 'We ask all ...
Gazprom & Bulgarian Energy Minister Discuss Potential Gas Supplies to Europe via TurkStream
Russia >> 5/15/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Temenuzhka Petkova, Minister of Energy of the Republic of Bulgaria, took place in Moscow today. ...
Order Acquisition of Compressor for Global Hydrogen Supply Chain Demonstration Project
Japan >> 5/14/2018 - Kaji Technology Corporation (“KAJI”) has been awarded a contract for one Reciprocating Compressor for De-hydrogenation plant under Global Hydrogen Supply Chain Demonstration Project based on Organic C...
Petro Matad Provides Update on Mongolia 3D Seismic Campaign
Mongolia >> 5/14/2018 - Petro Matad, the AIM quoted Mongolian oil explorer, has provided an operational update for its planned 2018 exploration drilling programme: ...
Gazprom Neft’s Omsk Refinery Increases Production of New-Generation Diesel Fuels
Russia >> 5/14/2018 - Site preparation and pre-development for a future diesel fuels hydrotreating facility has been started at the Gazprom Neft Omsk Refinery. The new complex, with an annual production capacity of 2.5 mil...
Farzad B Gas Field Contract to be Signed Soon
Iran >> 5/13/2018 - A contract to develop Farzad B gas field will be signed with India in a close future. National Iranian Oil Company (NIOC) is negotiating with an Indian company, ONGC, to develop Farzad B gas field. T...
More than 93% of Gas Pipeline Constructed
Iran >> 5/13/2018 - The director of projects in construction and engineering affairs announced that more than 93 percent of pipelaying operations have been performed in south pars development plans. ...
No Message Received from Total to Abandon Phase 11
Iran >> 5/13/2018 - No message has been received from Total to abandon south pars phase 11 development. Total is decisively negotiating on tender in details that indicates serious determination to continue its activities...
China's CNPC Ready to Take Over Iran Project If Total Leaves
Iran >> 5/11/2018 - China's state-owned energy major CNPC is ready to take over Total's stake in the giant Iranian South Pars gas project if the French company leaves amid newly announced U.S. sanctions, industry sources...
Sparrows Group Appoint Superkrane as Sole Agent in Indonesia
Indonesia >> 5/10/2018 - Sparrows Group has appointed heavy lifting equipment supplier Superkrane as their sole agent in Indonesia. The new agreement brings together offshore and onshore crane and lifting equipment specialist...
Response to Notice of Cancellation of PPL 560
Papua-New Guinea >> 5/10/2018 - Rawson Oil and Gas Limited (Rawson) has an interest in Papua New Guinea (PNG) Petroleum Prospecting Licences (PPL) 549 and 560 as well as a number of PPL applications via its 60% ownership share in ...
Rolls-Royce Supplies First MTU Tier 4 Final Oil & Gas Engines in China to Jereh Petroleum Equipment
China >> 5/9/2018 - Rolls-Royce has received its first order in China for Series 4000 MTU engines fulfilling EPA Tier 4 final emissions regulations. Key customer Jereh Petroleum Equipment has ordered 16 engines of type 1...
Crude Oil Prices Could Increase After Trump’s Decision
Crude Oil Prices Could Increase After Trump’s Decision Iran >> 5/9/2018 - The U.S. President Trump abandoned a nuclear deal with Iran that was agreed in late 2015, raising the risk of conflict in the Middle East and casting uncertainty over global oil supplies at a time whe...
Progress of Pipe-building Deal with Tubacex Satisfactory
Iran >> 5/9/2018 - The CEO of the National Iranian Oil Company (NIOC) said the implementation of a contract with Spain’s Tubacex for providing CRA pipelines is “satisfactory”, adding removing production bottlenecks of t...
No Signs of Total Walking out of SP 11 Deal Yet
Iran >> 5/9/2018 - The CEO of the Pars Oil and Gas Company (POGC) said the company has so far received no official messages from French energy major Total for pulling out of a deal it cut with Iran to develop a major ga...
British Firm Cuts MoU with IOTC
Iran >> 5/9/2018 - UK-based Dunlop Oil & Marine Ltd. signed an outline agreement with the Iranian Oil Terminals Company (IOTC) one day after US announced it would withdraw from Iran’s nuclear deal.
Japan Firm Plans Licensing of Iran Petchem Projects
Iran >> 5/9/2018 - Japan’s Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...
IOTC & Dunlop Ink Protocol for Cooperation
Iran >> 5/9/2018 - The Iran Oil Terminals Company (IOTC) and Britain's Dunlop signed a memorandum of understanding for equalizing the technical specifications of floating hoses. ...
NIOPDC Signs Memorandum with Domestic Manufacturer
Iran >> 5/9/2018 - The National Iranian Oil Products Distribution Company (NIOPDC) has signed a memorandum of understanding with Supplying Petrochemical Industries Part Equipment and Chemical Engineering Company (SPEC) ...
Japan Firm Plans Licensing of Iran Petchem Projects
Iran >> 5/9/2018 - Japan’s Mitsubishi Chemical is finalizing several licensing agreements with a number of Iranian petrochemical companies. ...

Global Oil & Gas News

SeaBird to Supply 2D Survey in North West Europe
Cyprus >> 5/23/2018 - SeaBird Exploration is pleased to announce that the company has signed an agreement to supply one 2D vessel for an upcoming survey in North West Europe during this coming summer season. The project is...
HydraWell Won a Contract to Provide Technology & Services for Repsol
Norway >> 5/23/2018 - Repsol Norge AS (Repsol) has awarded a frame agreement to HydraWell to provide technology and services for the operator’s plug and abandonment on the Norwegian continental shelf. ...
Equinor Awarded 9 Licences in the 30th Offshore Licensing Round
United Kingdom >> 5/23/2018 - Equinor is pleased to have been awarded 9 new licences in the 30th Offshore Licensing round, 8 as operator, as announced by the Oil and Gas Authority (OGA). ...
Sembcorp Completes Integrated Platform Topsides for Culzean Field
United Kingdom >> 5/22/2018 - Three fixed platform topsides, newly completed at Sembcorp Marine Admiralty Yard for French oil supermajor TOTAL, are destined for the High Pressure-High Temperature (HPHT) Culzean gas field in the UK...
Santos Receives Revised Harbour Energy Proposal
Australia >> 5/21/2018 - Santos advises that on 21 May 2018 it received a revised binding, conditional proposal from Harbour Energy Australia Pty Ltd (Harbour) to acquire 100% of Santos shares by way of a scheme of arrangemen...
Comet Ridge Spuds Galilee Basin Well Albany-1
Australia >> 5/21/2018 - Comet Ridge Limited has announced that Easternwell’s Rig 101 spudded the Albany 1 sandstone appraisal well at 1430 hrs on Saturday 19 May 2018. At 0600 hrs this morning, the rig was drilling ahead at ...
Anadarko Names Mitchell W. Ingram EVP
United States >> 5/21/2018 - Anadarko Petroleum Corporation (APC) announced that Mitch Ingram, formerly Executive Vice President (EVP), International & Deepwater Operations and Project Management, has been named EVP, Internationa...
Sembcorp Marine Awarded Contract for the Vito FPU’s Hull, Topsides
United States >> 5/21/2018 - Sembcorp Marine Ltd is pleased to announce that its wholly-owned subsidiary, Sembcorp Marine Rigs & Floaters Pte. Ltd., has been awarded a contract by Shell Offshore Inc. (Shell) to construct and int...
Eniram Inks MoU to Participate in Project Forward Initiative
Finland >> 5/18/2018 - Eniram, a Wartsila company, has signed a Memorandum of Understanding (MoU) with Athens-based Arista Shipping to participate in the Project Forward initiative, which is led by Arista. The project has d...
DNO Completes USD 400 Million Bond Placement
Norway >> 5/18/2018 - DNO ASA, the Norwegian oil and gas operator, has completed the private placement of USD 400 million of new, five-year senior unsecured bonds to be issued at 100 percent of par with a coupon rate of 8....
Deepocean Awarded Long Term Life of Field Subsea Services Contract from Equinor
Norway >> 5/18/2018 - DeepOcean AS, a subsidiary of DeepOcean Group Holding BV (DeepOcean), has been awarded a long term contract involving subsea life of field services on Equinor operated fields. ...
Rex Energy Initiates Sale Process for All Remaining Assets
United States >> 5/18/2018 - Rex Energy Corporation, an independent oil and gas exploration and production company, announced that, following its previously announced strategic review, it has decided to begin an orderly sale proc...
ION Announces New 2D Multi-client Program Offshore Canada
Canada >> 5/17/2018 - ION Geophysical Corporation announced a new 2D multi-client program offshore Grand Banks in Newfoundland, Canada. In the first phase of GrandSPAN, ION will acquire approximately 10,000 km of data with...
Wartsila Starts Building Hamina LNG Terminal
Finland >> 5/17/2018 - The LNG terminal to be built at the Finnish Port of Hamina by the technology group Wartsila under a turnkey contract has reached financial close and received the necessary building permits. ...
Tendeka’s Field Trial with North Sea Operator Proves a Success
United States >> 5/17/2018 - Independent global completions service company Tendeka has demonstrated a further capability of its PulseEight wireless technology with a major North Sea operator. ...
Wood Awarded Contract Extension
Australia >> 5/16/2018 - Wood has extended its framework agreement with Chevron Australia to provide master contractor services to the Gorgon Stage Two development located offshore Western Australia. ...
Borr Drilling Buys Five Jack-Up Newbuilding from Keppel
Bermuda >> 5/16/2018 - Borr Drilling Limited (Borr Drilling) has placed USD350 million of convertible bonds with a coupon of 3.875% per annum and a conversion premium of 37.5% above a reference price of USD4.87/share. In co...
Petrobras Reports Oil & Natural Gas Production in April
Brazil >> 5/16/2018 - Petroleo Brasileiro S.A. – Petrobras reports that, in April, its total production of oil and gas, including natural gas liquids (NGL), was 2.68 million barrels of oil equivalent per day (boed), with 2...
Aker Solutions Won Troll Phase 3 Topside Modification Contract
Aker Solutions Won Troll Phase 3 Topside Modification Contract Norway >> 5/16/2018 - Aker Solutions secured a contract valued at over NOK 1 billion from Equinor to deliver a module for the Troll A platform that will help increase output at one of Norway's largest natural gas fields. ...
Wintershall Plans for $1.2B Nova Field Development
Norway >> 5/16/2018 - Wintershall has together with its partners Capricorn, Spirit Energy, Edison and DEA submitted the Plan for Development and Operation for its operated North Sea Nova field (formerly Skarfjell) to the N...
DOF Subsea Awarded IMR Frame Agreement
United Kingdom >> 5/16/2018 - DOF Subsea has been awarded an Inspection, Maintenance and Repair ("IMR") Frame Agreement by Equinor. The duration of the contract is 5 years and commences in 2019. During the course of the Frame Agre...
Petrofac to Support UK Wind Farm Projects
United Kingdom >> 5/16/2018 - Petrofac has secured a long-term Framework Agreement (FA) with Transmission Capital to provide engineering services across six of its OFTO (Offshore Transmission Owner) assets. ...
ABB & INPEX Sign Agreement to Support Ichthys LNG Project
Australia >> 5/15/2018 - Enabling comprehensive support services for around USD $200 million dollars-worth of ABB technology currently installed to enhance the efficiency and productivity of the Ichthys Liquefied Natural Gas ...
Statoil Selects SUEZ for the "Johan Castberg" Oil Project in Norway
Norway >> 5/15/2018 - Following an engineering and design study to protect the production wells of the Johan Castberg project in Norway, Statoil awarded the contract for the supply of equipment and the production of the se...
Maersk Oil UK Limited Awarded WorleyParsons a Contract Extension
United Kingdom >> 5/15/2018 - WorleyParsons has been awarded a contract extension by Maersk Oil UK Limited, part of the Total group. ...
Preparations for Europe’s First LNG Dredger Conversion Get Underway at Damen Shiprepair Dunkerque
Netherlands/Holland >> 5/14/2018 - Work has begun at Damen Shiprepair Dunkerque on the conversion of the trailing suction hopper dredger (TSHD) Samuel de Champlain from diesel-electric propulsion to dual-fuel capability combining MGO a...
Name Change is Expected to be Adopted 15 May 2018
Norway >> 5/14/2018 - The annual general meeting (AGM) in Statoil ASA (OSE: STL, NYSE:STO) will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA. ...
Statoil Name Change to Equinor Expected to be Adopted 15 May 2018
Norway >> 5/14/2018 - On15 May 2018, the annual general meeting (AGM) in Statoil ASA will vote on the proposal to change the company’s name, from Statoil ASA to Equinor ASA. ...
Power Cable Being Installed at Johan Sverdrup
United Kingdom >> 5/14/2018 - The laying of the cable supplying Johan Sverdrup with power from shore started last week. This helps make the North Sea giant one of the oil and gas fields with the lowest CO2 emissions worldwide.
Shearwater GeoServices Awarded Two 4D Surveys in the North Sea
United Kingdom >> 5/14/2018 - Shearwater GeoServices (Shearwater) has been awarded two 4D surveys for the North Sea market. The 4D surveys will commence in the second quarter of 2018 and will be conducted back-to-back over a perio...
Agilent Completes Acquisition of Genohm
United States >> 5/14/2018 - Agilent Technologies Inc. has completed the acquisition of Lausanne, Switzerland-based Genohm, a developer of highly differentiated, on-premise and cloud-based software solutions for laboratory manage...
Japanese Companies in Charter Agreement with Petrobras for Mero Field FPSO
Brazil >> 5/11/2018 - MODEC, Inc., Mitsui & Co., Ltd., Marubeni Corporation and Mitsui E&S Holdings Co., Ltd. have agreed that Mitsui, MOL, Marubeni and Mitsui E&S will invest in a long-term charter business currently prom...
Nostra Terra Spuds Third Well in the Permian
United States >> 5/11/2018 - Nostra Terra, the oil and gas exploration and production company with a portfolio of assets in the USA and Egypt, is pleased to announce the commencement of drilling of its third well in the Permian B...
Oceaneering Wins Monitoring and Inspection Scope of Work
United States >> 5/11/2018 - Oceaneering International, Inc. (Oceaneering) announced that one of its wholly owned subsidiaries, Oceaneering International Services Limited, has been selected as a contributor to the Carbon Trust-le...
First Oil & Contract Start-Up for The Petrojarl I FPSO
Canada >> 5/10/2018 - Teekay Offshore Partners L.P. (TOO) (Teekay Offshore or the Partnership) announced that the Petrojarl I floating production, storage and offloading (FPSO) unit has successfully achieved first oil and ...
ION Announces Seventh 3D Reimaging Program in Mexico
Mexico >> 5/10/2018 - ION Geophysical Corporation (IO) announced its seventh 3D multi-client reimaging program offshore Mexico. Based on the success of both the Campeche and Mexican Ridges 3D reimaging programs, now total...
McDermott Completes Combination with CB&I
United States >> 5/10/2018 - McDermott International, Inc. has completed its combination with Chicago Bridge & Iron Company N.V. (CB&I), creating a premier, fully integrated provider of technology, engineering and construction so...
Amerisur Resources Announces Operations Update in Colombia
Colombia >> 5/9/2018 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on operations in Colombia. ...
Cargotec to Establish JV Specialised in Dry Bulk Handling with JCE Invest AB
Finland >> 5/9/2018 - Cargotec has signed an agreement with JCE Invest AB to establish a joint venture, Bruks Siwertell Group, specialized in dry bulk handling. The new joint venture will own Siwertell AB (previously part ...
BP Chooses hte to Test Commercial Refining Catalysts
Germany >> 5/9/2018 - hte , the high throughput experimentation company has been selected by BP to evaluate commercial catalysts for both naphtha reforming and hydrocracking applications using high throughput technology un...

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