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Middle East Oil & Gas News

Saudi Aramco Sets Bids to Expand Hawiyah Gas Plant
Saudi Arabia >> 8/16/2017 - Saudi Aramco has received bids from international engineering firms to expand the Hawiyah gas plant, industry sources said. They said the companies that submitted their proposals, on Sunday, were: Sou...
KBR Awarded PMC Contract for Dalma and H&G Islands Projects for ADNOC
United Arab Emirates >> 8/15/2017 - KBR, Inc. has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineeri...
CB&I Wins Storage Project in Saudi Arabia
Saudi Arabia >> 8/14/2017 - CB&I has been awarded a contract by Técnicas Reunidas, S.A. for new product storage tanks that will be part of a clean fuels expansion project at Saudi Aramco's refinery in Ras Tanura, Saudi Arabia. ...
Sadara Commissions Last Plant of its Saudi Petchem Complex
Saudi Arabia >> 8/14/2017 - Sadara Chemical Company (Sadara), a joint venture between Saudi Aramco and The Dow Chemical Company celebrates the commissioning of the last of its 26 plants – an isocyanates section currently produci...
Kuwait to Finish Cleaning up Oil Spill
Kuwait >> 8/13/2017 - Kuwait will finish cleaning up a crude oil spill in the country's southern waters in the Gulf this week, a Kuwaiti newspaper report said, quoting the country's oil minister. Essam al-Marzouq told the ...
PDO and Oman LNG Sign Collaboration Deal
PDO and Oman LNG Sign Collaboration Deal Oman >> 8/13/2017 - Petroleum Development Oman (PDO) and Oman Liquefied National Gas (Oman LNG) have signed a three-year partnership agreement to enhance technical and commercial co-operation.
Khafji Joint Operations Confirm Safety of Facilities, No Oil Spill
Saudi Arabia >> 8/13/2017 - Khafji joint operations confirmed the safety of their facilities and that they are free from any oil spill after reports of an oil spill from an oil tanker in the northeast of the Arabian Gulf. ...
Oman Wanfang Plans 25 New Projects in Duqm
Oman >> 8/12/2017 - Oman Wanfang, which is the master developer of China Oman Industrial Park in Duqm, plans to develop 25 new projects, which will take the total number of projects within the industrial park to 35. The ...
Saudi Arabia Favours New York for Aramco Listing Despite Risks
Saudi Arabia >> 8/11/2017 - Saudi Arabia favours New York for the main foreign listing of state oil giant Aramco, even though some financial and legal advisers have recommended London as a less problematic and risky option, peop...
Iraq Wants to Reopen Old Saudi Crude Exports Pipeline
Iraq >> 8/10/2017 - Former Iraqi oil minister Ibrahim Bahr Al Olum said it was necessary for Iraq to regain an old pipeline that used to export Iraqi crude through Saudi Arabia, Saudi-owned Al Hayat newspaper reported. ...
Fluor’s Phosphate Megaproject in Saudi Arabia Begins Production
Saudi Arabia >> 8/10/2017 - Fluor Corporation announces that the Ma’aden Wa’ad Al-Shamal Phosphate Company’s (MWSPC) Umm Wu’al Phosphate Project in Saudi Arabia has started production of ammonia, merchant-grade acid and fertiliz...
TAQA Starts Production from Kurdistan Oil Block
United Arab Emirates >> 8/10/2017 - Abu Dhabi National Energy Company PJSC (TAQA), a leading global energy company headquartered in Abu Dhabi with operations in 11 countries, announced its financial results and operational highlights fo...
Receipt of Payment for KRI Oil Exports from Taq Taq Field
Iraq >> 8/9/2017 - Genel Energy plc announces that the Taq Taq field partners have received a gross payment of $12.24 million from the Kurdistan Regional Government (‘KRG’) for oil sales during May 2017. ...
DNO Receives $39.59mn from Kurdistan for May 2017 Crude Oil Deliveries
Iraq >> 8/9/2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 39.59 million from the Kurdistan Regional Government as payment towards May 2017 crude oil deliveries to the export market fr...
ICL Signs MoU with Energean for Long-Term Supply of Natural Gas
Israel >> 8/9/2017 - ICL, a leading global specialty minerals and specialty chemicals company, announced that it has signed a non-binding Memorandum of Understanding ("MoU") with Energean Israel Limited ("Energean") to en...
Leviathan Partners in Talks to Pipe Israeli Gas to Egypt Via Jordan
Israel >> 8/9/2017 - Companies developing Israel’s largest natural gas reservoir are negotiating an alternative delivery route to key target market Egypt to skirt financial disputes that have held up an export deal, accor...
Saudi Energy Minister Says Discussed Stabilizing Oil Market with Iraq
Saudi Arabia >> 8/9/2017 - Saudi Arabia's energy minister said that he had discussed efforts to stabilize oil markets with his Iraqi counterpart during a joint meeting. ...
GE Renewable Energy Books $100+MM Deal for Hydro Pumped Storage Project in Israel
Israel >> 8/8/2017 - GE Renewable Energy has booked a turnkey contract with Star Pumped Storage Ltd for the 344 MW Kokhav Hayarden hydro pumped storage station, the second to be installed in Israel. ...
Saudi Arabia to Allow Full Foreign Ownership of Engineering Firms
Saudi Arabia >> 8/8/2017 - Saudi Arabia will allow foreign companies to own engineering services companies in full, without requiring them to partner with a Saudi-owned firm, the cabinet announced. ...
Saudi Aramco Awards First Contract for Planned Shipyard Complex
Saudi Arabia >> 8/8/2017 - Saudi Aramco said it has awarded the first major contract in the planned construction of a $5.2 billion shipyard complex designed to reduce Saudi Arabia's dependence on oil exports. ...
Saudi Kayan Secures $1.2B Loan to Repay Maturing Debt
Saudi Arabia >> 8/8/2017 - Saudi Kayan Petrochemical Co said it had secured a $1.2 billion Islamic loan from National Commercial Bank (NCB) to help repay a previous facility with the lender that matures next week. ...
Hexagon Composites Awarded New Major Order in Iraq
Iraq >> 8/7/2017 - Hexagon Composites' subsidiary Hexagon Ragasco has received a new major order for LPG cylinders from Gas Filling Company (GFC) at a total value of around USD 15 million (approximately NOK 120 million)...
ADNOC in Discussions for New Offshore Oil Concession
ADNOC in Discussions for New Offshore Oil Concession United Arab Emirates >> 8/7/2017 - The Abu Dhabi National Oil Company (ADNOC) is in advanced discussions with more than a dozen potential partners who have expressed a significant interest in the offshore concession, currently operated...
Tecnicas Reunidas & Daewoo Confirms the Award of the Process Units Package
Oman >> 8/5/2017 - Técnicas Reunidas has been selected by DRPIC to execute the Project of the Process units project for the new refinery of Duqm in Oman. ...
Petrofac JV Awarded $2B Duqm Refinery Contract in Oman
Oman >> 8/4/2017 - Petrofac, in a 50/50 joint venture with Samsung Engineering, has received notification of intent to award a contract worth approximately US$2 billion with Duqm Refinery and Petrochemical Industries LL...
Aramco Signed MoU with KBR to Strengthen In-Kingdom Procurement of Services
Saudi Arabia >> 8/3/2017 - Saudi Aramco’s commitment to develop a competitive and reliable local supply chain through its In-Kingdom Total Value Add (IKTVA) program was given a significant boost with the signing of a Memorandum...
ABB Wins $30M Order to Strengthen Power Infrastructure in Iraq
Iraq >> 8/2/2017 - ABB has won an order to supply and install a substation at the 3,000 megawatt (MW) Rumaila power plant, located in the Basra region of southern Iraq. The completed power plant will be operated by Sham...
Iraq's July Oil Exports Dip on Lack of Shipments from Kirkuk
Iraq >> 8/1/2017 - Iraq's oil exports fell to 3.230 million barrels per day in July from 3.273 million bpd in June as no shipments were made from the northern Kirkuk field, the oil ministry said. ...
SNC-Lavalin Transitions into EPC Phase of Ammonia Plant Contract
Oman >> 8/1/2017 - SNC-Lavalin has received a notice to proceed from Salalah Methanol Company LLC (SMC) with the Engineering, Procurement and Construction (EPC) phase of its anhydrous liquid ammonia plant project, locat...
Saudi's SWCC Gets Bids to Advise on Desalination Scheme Privatisation
Saudi Arabia >> 8/1/2017 - Several banks have submitted bids to Saudi Arabia's Saline Water Conversion Corporation (SWCC) to advise on the privatisation of its $7.2 billion Ras Al Khair desalination and power plant, banking sou...
Saudi Arabia Oil Demand - July 2017
Saudi Arabia Oil Demand - July 2017 Saudi Arabia >> 8/1/2017 - In Saudi Arabia, oil demand growth figures for May returned to the declining trend seen in the first three months of the year. Oil requirements fell by 0.10 mb/d, or 4%, compared to the same month in ...
Gulf Petrochem Group Closes US$150m Financing Deal
United Arab Emirates >> 7/31/2017 - Gulf Petrochem Group (GP), has successfully raised US$ 150 million from a group of international and local financial institutions based in the GCC. In an environment of continued low global oil prices...
Iran, Iraq Moving Closer to Construction of Kirkuk Pipeline
Iraq >> 7/30/2017 - Iran and Iraq are moving closer to building a pipeline that would export crude oil from the northern Iraqi fields of Kirkuk via Iran, Iranian Oil Minister Bijan Zanganeh said after meeting his Iraqi c...
Reducing Power Consumption with a World’s First in Automation Technology
Saudi Arabia >> 7/30/2017 - Southern Area Oil Operations has successfully completed the world’s first pilot project to implement Advanced Process Control (APC) technology in the Khurais oil field to reduce power consumption by e...
ADNOC to Decide on Japan Oil Concession Renewal by Early 2018
United Arab Emirates >> 7/28/2017 - Abu Dhabi National Oil Co (ADNOC) expects to make a final decision on whether to renew Japanese firms' oil concessions in Abu Dhabi oilfields before year-end or very early next year, its top executive...
Iraq Orders to Raise the Production Capacity of Najaf Refinery to 50.000 B/D
Iraq >> 7/27/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil visited Najaf governorate and met with the responsible officials in there. He also ordered to raise the production capacity of Najaf refinery to (5...
Iraq Exports Reach 59370 Ton of Liquid Gas & 356008 m3 of C5 since the Begin of 2017
Iraq >> 7/27/2017 - Mr. Al-Luiebi said that the plans of the ministry of oil to develop the gas sector achieved positive results via raising the invested quantities and elevating of the exported quantities of liquid gas ...
Saudi-led Coalition Stops Oil Tankers from Entering Yemen
Saudi Arabia >> 7/27/2017 - A Saudi-led military coalition and the government of Yemen denied four oil tankers access to a Yemeni port last week, a move that could hurt the flow of aid and exacerbate a cholera outbreak in the co...
Sadara Brings Kingdom’s First Polyols Plant On-stream
Saudi Arabia >> 7/27/2017 - Sadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, has successfully started up the Kingdom’s first Polyols plant. This manufacturing facility produces special...
Internationally Acclaimed ADIPEC 2017 Awards Open for Nominations
United Arab Emirates >> 7/27/2017 - The prestigious ADIPEC 2017 Awards are now open for nominations, with five categories focused on issues crucial to the progress and resilience of the energy sector. ...

Africa Oil & Gas News

Sirius Shares Temporarily Suspended Pending AIM Re-Admission Document
Nigeria >> 8/16/2017 - Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that a Joint Operating Agreement has now been signed by Siri...
NNPC Says its Production Costs Cut to $23 a Barrel
Nigeria >> 8/16/2017 - Nigeria's production cost per barrel of crude oil is down to $23, the state oil company said, after the country last month said the cost was $29 a barrel, one of the highest levels in the world. The N...
KBA(E) & Batok Offshore to Deliver Range of Services in West Africa
Nigeria >> 8/15/2017 - KB Associates Europe Limited KBA(E) is delighted to announce a new partnership with the local representative – Batok Offshore and Oil Services Nigeria Limited for the arrangement of KBA(E)’s specialis...
African Petroleum Awaits Government Feedback Regarding A1 & A4 Licences
Gambia >> 8/14/2017 - Further to the announcement on 20 July 2017 regarding African Petroleum’s A1 and A4 licences in The Gambia, the Company confirms that it continues to await feedback from the government of The Gambia o...
Hyperdynamics Updates Drilling Status of Fatala-1 Well
Guinea >> 8/14/2017 - Hyperdynamics Corporation provided an update on the drilling status on the Fatala-1 exploration well offshore the Republic of Guinea as it nears completion of the initial portion of the well. ...
Erin Energy Spuds Oyo-9 Well Offshore Nigeria
Nigeria >> 8/14/2017 - Erin Energy Corporation (Erin Energy) has commenced drilling of the Oyo-9 well (Oyo-9). Oyo-9 is being drilled with the Pacific Bora sixth-generation drilling rig on the Oyo field offshore Nigeria. Th...
Sirius Signs US$10m Financing Agreement for Ororo Field Crude
Nigeria >> 8/14/2017 - Sirius Petroleum, the investing company focused on oil and gas exploration and development opportunities in Nigeria, is pleased to announce that following completion of technical due diligence on the ...
Orca & Swala Discuss Regarding Investment in Orca Group
Tanzania >> 8/14/2017 - Orca Exploration Group Inc. (Orca) confirms that it is in discussions with Swala Oil & Gas (Tanzania) plc regarding a possible minority investment in PAE PanAfrican Energy Corporation (PAEM), a Maurit...
Invitation for International Bid Round for Exploration & Production Service Agreement 2017
Invitation for International Bid Round for Exploration & Production Service Agreement 2017 Egypt >> 8/13/2017 - The General Petroleum Company (GPC) invites petroleum companies in the fields of exploration and production (oil & gas) to submit offers for undertaking oil and gas exploration and production services...
Tullow Oil Launches Oil and Gas Exploration in Zambia
Zambia >> 8/11/2017 - British company Tullow Oil started exploring for oil and gas in Zambia, Africa's No.2 copper producer, as the country pushes to diversify its economy and reduce its reliance on the industrial metal. C...
ENI and Anadarko to Build LNG Terminals in Mozambique
Mozambique >> 8/10/2017 - Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government to build two liquefied natural gas terminals in the southern African country. The terminals will be buil...
ABB software solution to improve outage response at major U.S. utility
Swaziland >> 8/10/2017 - ABB has successfully delivered its latest distribution and outage management systems to ComEd, a unit of Chicago-based Exelon Corporation, the United States’ leading energy provider. The software solu...
Africa Oil Supply - July 2017
Africa Oil Supply - July 2017 Congo >> 8/9/2017 - Africa’s oil supply is projected to grow by 50 tb/d to average 1.87 mb/d in 2017 (excluding Equatorial Guinea that joined OPEC on 25 May 2017). It is expected that oil production in 2017 will grow in ...
Foreign Oil Firms' Egypt Investments $8.1b in 2016-2017
Foreign Oil Firms' Egypt Investments $8.1b in 2016-2017 Egypt >> 8/9/2017 - Investment by foreign oil firms in Egypt rose to $8.1 billion in 2016-2017 from $6.6 billion a year earlier, Petroleum Minister Tarek El-Molla told Reuters on Wednesday. ...
Atwood Oceanics Wins New Contract for Atwood Achiever
Mauritania >> 8/9/2017 - One of Atwood Oceanics, Inc. subsidiaries agreed to a one well contract at an undisclosed day rate for operations offshore Northwest Africa with Kosmos Energy Ventures for the ultra-deepwater rig, the...
ACWA Power Awarded 3 Solar PV Projects of Egypt FiT Program II
ACWA Power Awarded 3 Solar PV Projects of Egypt FiT Program II Egypt >> 8/8/2017 - Eng, Gamal Abd-Al Rehem, Chairman of the Egyptian Electricity Transmission Company (EETC) and Mr. Mohammad Abunayyan, Chairman of ACWA Power, attended the signing of the Power Purchase Agreement with ...
Wartsila to Supply 22 MW Power Plant to Morocco
Morocco >> 8/7/2017 - Wartsila is to supply a 22 MW baseload power plant to Morocco’s state utility under an EPC contract. The power plant consists of two Wartsila 46 engines, operating on heavy fuel oil with the capabilit...
Cairn Energy Provides SNE North-1 Exploration Well Result
Senegal >> 8/7/2017 - Cairn is pleased to announce the results of the SNE North-1 exploration well offshore Senegal. The well encountered oil and gas in the primary objective and oil in the deeper secondary objective, in a...
Egypt’s General Petroleum Production Rates 'unprecedented'
Egypt’s General Petroleum Production Rates 'unprecedented' Egypt >> 8/4/2017 - Egypt’s state-owned General Petroleum Company has reached unprecedented production rates of 57,000 barrels of oil equivalent per day, the petroleum ministry said in a Friday statement. ...
NNPC Signs Agreements to Boost FG Revenue by $16 Billion
Nigeria >> 8/3/2017 - Two sets of alternative financing agreements on Joint Venture (JV) projects to boost reserves and production in line with government’s aspiration were executed in London between the Nigerian National ...
Nigeria to Extend Gas Pipeline to Cote d’ Ivoire
Nigeria >> 8/2/2017 - The Nigerian National Petroleum Corporation (NNPC) has said the West African Gas Pipeline (WAGP) would be extended from Ghana to Cote d’ Ivoire as part of the Federal Government West African energy in...
ABB Provides the First Ever Sustainable Modular Protection Automation
Swaziland >> 8/2/2017 - ABB, the pioneering technology leader, has incorporated new Sustainable Modular Protection (SMP) standards into two separate pilot projects and provided full EPC support for Pacific Gas and Electric C...
ABB to Launch New Flush-Mounted Rotary LED-Dimmer
Swaziland >> 8/2/2017 - ABB, the pioneering technology leader, is about to launch the successor to their extremely popular flush-mounted rotary dimmer 6523 U-102. With LED lights representing the most modern and efficient so...
Aminex Appoints Chief Operating Officer & Head of Legal
Tanzania >> 8/2/2017 - Aminex is pleased to announce the appointments of Aaron LeBlanc as Chief Operating Officer with immediate effect and Brian Cassidy as Head of Legal effective 1 September 2017. ...
OMV Closes Divestment of Ashtart Field in Tunisia
Tunisia >> 8/2/2017 - OMV, the international integrated oil and gas company based in Vienna, closed the sale of its 50% stake in the Ashtart oil field, an offshore field in the Gulf of Gabes, Tunisia, as well as OMV’s 50% ...
Pacific Bora Drilling Rig Arrives to Oyo Field
Nigeria >> 8/1/2017 - Erin Energy Corporation (Erin Energy or the Company) announced the arrival of the Pacific Bora drilling rig to the Oyo field offshore Nigeria. Erin Energy plans to use Pacific Bora to drill the Oyo-9 ...
Air Products Wins Contract for Coral South FLNG Project
Mozambique >> 7/31/2017 - Air Products (APD), the world’s leader in liquefied natural gas (LNG) technology and equipment, announced an agreement with TP JGC Coral France for the supply of its proprietary cryogenic coil wound h...
Anadarko Reaches Significant Mozambique LNG Milestone
Mozambique >> 7/31/2017 - Anadarko Petroleum Corporation (APC) had finalized two agreements with the Government of Mozambique – together known as the "marine concessions" – which would allow it to design, build and operate the...
DeepOcean Acquires Searov Offshore SAS
Congo >> 7/30/2017 - DeepOcean has acquired French company Searov Offshore SAS and has expanded its presence in West Africa. Searov, established in 2008, is an agile and cost effective ROV service provider with a strong f...
Schneider Electric Inaugurates Renovated Electrical Lab in Kenya
Kenya >> 7/29/2017 - Schneider Electric, the global specialist in energy management and automation, in partnership with the Salesian Don Bosco Foundation in Kenya inaugurated the new electrical lab at the Don Bosco Boys T...
Saipem Awarded Contract Worth $900M for Zohr Field
Saipem Awarded Contract Worth $900M for Zohr Field Egypt >> 7/28/2017 - Saipem and Petrobel have finalized offshore contract variations worth 900 million USD for Engineering, Procurement, Construction and Installation (EPCI) activities in relation to the “Optimised Ramp U...
Halliburton Resolves Investigations Regarding Angola & Iraq Operations
Angola >> 7/27/2017 - Halliburton Company announced the resolution of the previously disclosed investigations regarding the Company's operations in Angola and Iraq. These investigations began after the Company received an ...
Egypt Expects Gas Output to Hit 6.2 b cubic feet per day by End-2017/18
Egypt Expects Gas Output to Hit 6.2 b cubic feet per day by End-2017/18 Egypt >> 7/27/2017 - Egypt expects its natural gas production to rise to 6.2 billion cubic feet per day by the end of the 2017/2018 fiscal year which began this month, Petroleum Minister Tarek El Molla told Reuters on Thu...
CMT’s Leading Biomass Series to Host ‘BIOMASS TRADE & BIOENERGY AFRICA’ Summit
South Africa >> 7/27/2017 - The Biomass Series in Africa has on-board some of the early movers of Africa’s unexploited biomass and biogas energy markets. South Africa’s power utility – Eskom that is planning to build its first b...
Total & Worldline with InTouch to Support Deployment of Guichet Unique
Cameroon >> 7/24/2017 - Total and Worldline [Euronext: WLN] signed binding technological, commercial and financing agreements with African fintech InTouch on July 13, 2017. Under the agreements, Total and Worldline will supp...
Windfire to Acquire Off-Shore Oil Blocks in Namibia
Namibia >> 7/24/2017 - Windfire Capital Corp. (Windfire) has signed a letter of intent (the "Letter of Intent"), dated July 24, 2017, with DMiner Asset Management Inc. (DMiner), pursuant to which Windfire proposes to acquir...
Eland Oil & Gas Provides Update on Nigeria Operations
Nigeria >> 7/24/2017 - 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 provide an operational update for the six months ended 3...
Sparrows Group & SPIE Seal 1st Joint Cranes Contract in Congo
Sparrows Group & SPIE Seal 1st Joint Cranes Contract in Congo Congo >> 7/20/2017 - Sparrows Group and SPIE Oil & Gas Services have secured our first joint delivery project, which is in West Africa, after Total E&P Congo awarded us the crane maintenance contract on the Moho Nord deve...
Signing Two Agreements for Conducting Geophysical Survey in the Red Sea
Signing Two Agreements for Conducting Geophysical Survey in the Red Sea Egypt >> 7/20/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources announced that the Red Sea maritime border demarcation agreement with Saudi Arabia grants Egypt the opportunity to start Petroleum acti...
Aminex Expects to Submit Ntorya FDP in Early September
Tanzania >> 7/20/2017 - Aminex has now received a further payment from Tanzania Petroleum Development Corporation (TPDC) for Kiliwani gas sales. The Company continues to work with TPDC to bring arrears fully up to date. Amin...

Asia Oil & Gas News

Greka Drilling Awarded Two New Contracts by PetroChina CNPC
China >> 8/16/2017 - AIM-listed Greka Drilling, the largest independent and specialized unconventional oil & gas driller in Asia, has been awarded two new drilling contracts with PetroChina Huabei Oilfield (a subsidiary o...
ABB Brings Reliable Power Supply to the Himalayas
India >> 8/16/2017 - ABB will upgrade 20 substations in India’s northern state of Himachal Pradesh, located in the foothills of the western Himalayas. The substations will be equipped with the latest control and protectio...
China to Build New Shale Gas Bases & Offer More Oil & Gas Block Tenders
China >> 8/15/2017 - China is likely to build two shale gas bases in the south of the country and open up tenders for more oil and gas exploration blocks in the world's biggest energy producer, the Ministry of Land Resour...
Tekmar Energy Awarded it’s First Large Contract in Mainland China
China >> 8/15/2017 - Tekmar Energy (Tekmar), the European based market leading specialists in cable protection systems (CPS) for Offshore Windfarms has recently been awarded a large contract to protect array cables on the...
Bumi Armada Signs USD134 million Contract with LUKOIL for Filanovsky Field
Russia >> 8/15/2017 - Bumi Armada has signed a supplementary agreement with LUKOILfor additional Engineering, Procurement, Construction and Installation ('EPCI') scope. ...
Jacobs Secures Engineering Role for the Kuala Lumpur to Singapore High Speed Rail Project
Singapore >> 8/15/2017 - Jacobs Engineering Group Inc. (JEC) has secured one of six coveted Reference Design Consultant (RDC) packages for the high profile Kuala Lumpur - Singapore High Speed Rail project (KL-SG HSR), which w...
ODE, Northland Power & Yushan Energy Jointly Host Taiwan Offshore Wind Delegation
Taiwan >> 8/15/2017 - ODE, Northland Power and Yushan Energy jointly hosted, at Barrow, a delegation of Civic Leaders and industrialists from Taiwan during their recent offshore wind fact finding mission to the UK. The mis...
Norway’s DNO Submit Plan to Develop Changouleh Oil Field
Iran >> 8/14/2017 - National Iranian Oil Company has received a proposal from Norway’s DNO oil and gas operator for the development of Changouleh Oil Field, a major one in western parts of the country. ...
Iran to Share MTP Technology Ownership with Air Liquide
Iran >> 8/14/2017 - Iran says it will share with Air Liquide ownership of the technical knowhow needed for production of propylene from methanol, a senior petrochemical official said. ...
Unprecedented Number of Foreign Exhibitors Expected at Iran Plast 2017
Iran >> 8/13/2017 - Managing Director of National Petrochemical Company (NPC) Marziyeh Shahdaei said she expects an unprecedented turnout of foreign participants at the upcoming edition of IranPlast exhibition, slated fo...
BAGCR Petrol Output at 10ml/d
Iran >> 8/12/2017 - Bandar Abbas Gas Condensate Refinery, also known as Persian Gulf Star Refinery, is supplying nearly 10 million liters of Euro-4 gasoline on a daily basis, the refinery's managing director says. Spe...
Iran, Turkey, Russia Sign Oil, Gas Investment Agreement
Iran >> 8/12/2017 - Iran, Russia and Turkey have signed an agreement for joint investment in oil and gas development projects. The agreement was signed in Moscow on Tuesday between Iran's Ghadir investment company, Russi...
The Viking in Laem Chabang
Thailand >> 8/11/2017 - 9,000 kilometres, culture and religion separate Aibel’s yards in Thailand and Haugesund. But they have a common goal: Making the Johan Sverdrup Drilling Platform the best of its kind. ...
OPEC Veteran Zanganeh to Be Reappointed as Iran Oil Minister
Iran >> 8/9/2017 - Iran’s President Hassan Rouhani proposed the reappointment of its longest-serving oil minister, Bijan Namdar Zanganeh, who fought to restore crude production and closed a landmark deal with Total SA t...
Yokogawa Releases FieldMate® R3.03 Versatile Device Management Wizard
Japan >> 8/9/2017 - Yokogawa Electric Corporation announces the August 14 release of FieldMate® R3.03, a significantly enhanced version of the FieldMate device management software tool. The FieldMate software has the ver...
Gazpromneft-Aero Increases Retail Jet Fuel Sales By 13% in 1H of 17
Russia >> 8/9/2017 - Based on its 1H17 results, Gazpromneft-Aero, the jet fuel operator of Gazprom neft, has increased retail sales of jet fuel to 1.1 million tonnes. This represents a 13% rise year-on-year and ensures th...
Pertamina First Wells Drilling at Mahakam Working Area
Indonesia >> 8/8/2017 - PT Pertamina (Persero) through its subsidiary company, PT Pertamina Hulu Mahakam (PHM) has conducted the first PHM drilling spud in Tunu field within the Mahakam Working Area, conducted by Total E & P...
Range Resources Announces Acquisition of Oil & Gas Interests in Indonesia
Indonesia >> 8/8/2017 - In line with the growth strategy of the Company, Range is pleased to announce an acquisition of interests in an established oil block in Indonesia. The Company has signed a Sale and Purchase Agreement...
GIC Signs Agreement with Unit International & Zarubezhneft
Iran >> 8/8/2017 - Iran's Ghadir Investment Company has signed a trilateral agreement with Russia's Zarubezhneft and Turkish energy company Unit International to finance oil and gas development projects. ...
SP13; Offshore Pipeline Passes Through Half
Iran >> 8/8/2017 - SOUTH PARS – 50 kilometers of the first offshore pipe laying operation was completed. Project director of phase 13 announced that the operation has begun since June when onshore lines of A and Bwere p...
Three Giants Teaming up for an Ambitious Schedule
Malaysia >> 8/8/2017 - Petroliam Nasional Berhad (PETRONAS) is Malaysia’s fully integrated oil and gas multinational, wholly-owned by the Malaysian Government. PETRONAS' largest downstream investment in Malaysia is the Peng...
Gazprom & Uniper Celebrate 25 Years of Scientific and Technical Cooperation
Russia >> 8/8/2017 - St. Petersburg hosted today the events celebrating 25 years of scientific and technical cooperation between Gazprom and Uniper. ...
Gazprom Neft Increases Sales of Premium-Class Bitumen Materials by 40% in 1H 2017
Russia >> 8/8/2017 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, achieved sales of 58,500 tonnes of premium bitumen products in 1H 2017, 40 percent higher than the first six months of 20...
Gazprom Neft Given Direct Access to the Moscow Exchange (MOEX) Money Market
Russia >> 8/8/2017 - Gazprom Neft has been given direct access to the Moscow Exchange (MOEX) Money Market via a central counterparty (CCP). The company successfully conducted its first transaction — the placement of a Rub...
Amec Foster Wheeler Wins Hyundai Engineering Contract for Gas-to-Liquid Plant in Uzbekistan
Uzbekistan >> 8/8/2017 - Amec Foster Wheeler has been awarded a lump sum contract by Hyundai Engineering Co. Ltd for the delivery of hydrogen plant technology and design and materials supply for a Terrace WallTM steam reforme...
Iran Plans to Award $15bn in New Oil Deals
Iran >> 8/7/2017 - The next Iranian oil and gas award would be based on the framework of the agreement signed with the French energy giant Total last month over the development of South Pars Phase 11, the deputy directo...
Iran Eyes $5b in Petchem Investments
Iran >> 8/7/2017 - Iran is close to absorbing over 5 billion dollars in fresh investments by three European majors in the near future. Iran's National Petrochemical Company (NPC) has devised policies to absorb fresh inv...
Fluor Awarded Contract for PETRONAS Isononanol Chemical Plant in Malaysia
Malaysia >> 8/7/2017 - Fluor Corporation (FLR) was awarded an engineering, procurement and construction management (EPCM) contract by PETRONAS Refinery and Petrochemical Corporation Sdn. Bhd. for an isononanol plant located...
Woodside in Gas Discovery Offshore Myanmar
Myanmar >> 8/7/2017 - Woodside advises that the Pyi Thit-1 exploration well in Block A-6 in the Southern Rakhine Basin, located offshore Myanmar, has intersected a gross gas column of approximately 65 metres. A net gas pay...
Lukoil Supports First Environmental Expedition to Vilkitsky Island in the Arctic Ocean
Russia >> 8/7/2017 - LUKOIL supported an environmental expedition to scavenge Vilkitsky Island in the east of the Kara Sea, as envisaged by a cooperation agreement between the company and the government of the Yamal-Nenet...
Wartsila Engines & Propulsion Solutions to Power Two New Fishing Trawlers
Russia >> 8/7/2017 - The technology group Wartsila has been contracted to provide the engines and the complete propulsion package, including the propulsion control system for two new fishing trawlers being built for Murma...
Transneft Diascan Performs Diagnostics of More Than 300 Oil Tanks
Russia >> 8/7/2017 - Diagnostics Directorate of Transneft Diascan performed examination of 328 tanks for oil and petroleum products storage within the 7 months of 2017. The works were performed as part of the integrated p...
Namibia Keen on Enhancing Economic Ties with Iran
Iran >> 8/6/2017 - Iranian Minister of Petroleum Bijan Zangeneh said Namibia has indicated keenness to enhance economic ties with Iran and enjoy the capabilities of Iranian companies in developing a newly-discovered gas...
Korean Firm Inks HOA for Upgrade Deal with TRC
Iran >> 8/6/2017 - South Korea’s SK Engineering and Construction Co. (SKEC) signed a heads of agreement on Saturday for a 1.6 billion euro upgrade of the Tabriz refinery in northwest Iran. ...
Zangeneh Receives Indonesian General
Iran >> 8/6/2017 - Iranian Minister of Petroleum Bijan Zangeneh received Indonesian Coordinating Maritime Affairs Minister Luhut Binsar Panjaitan in his Tehran office on Sunday.
Russia Economy - July 2017
Russia Economy - July 2017 Russia >> 8/6/2017 - Improvements in household consumption and gross fixed capital formation (GFCF) were larger than the negative impact of lower net exports in 1Q17, leading to GDP growth of 0.5% y-o-y. Household consump...
Nord Stream 2 Begins Public Consultation on Draft EIA Report in Russia
Russia >> 8/4/2017 - Nord Stream 2 AG, the developer of a new natural gas pipeline through the Baltic Sea to supply Russian gas to the key EU market, has published a draft environmental impact assessment (EIA) report for ...
Gazpromneft Marine Bunker Sees 16% Year-On-Year Increase in Sales of Marine Fuels
Russia >> 8/4/2017 - In H1 2017 Gazpromneft Marine Bunker, operator of Gazprom Neft’s bunkering business, has recorded sales of 516,800 tonnes of marine fuels at ports throughout North—West Russia: a 16-percent increase y...
BTC Transported 2.4 mln tons of Azerbaijani Oil in July 2017
Azerbaijan >> 8/3/2017 - 2 mln 403 thousand 234 tons of Azerbaijani oil were transported via BTC main export pipeline in July 2017. 15 mln 577 thousand 521 tons of oil were transported via this pipeline in January-July. In ge...
Drilling Works for July 2017
Azerbaijan >> 8/3/2017 - SOCAR (excluding Joint Ventures and Operating Companies) conducted 9673 meters of drilling works in July 2017. Of this amount, development drilling made up 9071 metres, and exploration drilling - 602...

Global Oil & Gas News

Woodside Expects First Wheatstone LNG Cargo in September
Australia >> 8/16/2017 - Woodside Petroleum expects the first cargo from the Wheatstone liquefied natural gas project in September, Chief Executive Peter Coleman said. "We're targeting first cargo in September," Coleman told ...
Woodside Petroleum Half-Year Profit Jumps 4 Percent
Australia >> 8/16/2017 - Woodside Petroleum said its half-year profit rose 49 percent, buoyed by higher oil prices and lower costs, but missed analysts' forecasts. Australia's biggest independent oil and gas producer posted a...
DNB Purchases 584,442 Shares of Statoil
Norway >> 8/16/2017 - On behalf of Statoil, DNB has on 15 August 2017 purchased 584,442 shares for use in the group's Share saving plan. The shares have been acquired at a price of NOK 145.68 per share. Before distribution...
Beerenberg Signs ISS Frame Agreement with Wintershall
Norway >> 8/16/2017 - On Tuesday 15th of August Beerenberg signed a frame agreement with Wintershall for delivery of ISS services on the Brage installation. The 4-year frame agreement includes 3 options of 2 years’ extensi...
Santos Expects Non-Cash Impairment of Approx. US$690 Million
Australia >> 8/15/2017 - Santos expects to recognise a non-cash net impairment charge of approximately US$690 million after tax in its 2017 half-year results to be released on 24 August 2017. ...
Cheal-D1 Exploration Well Successfully Drilled & Cased
New Zealand >> 8/15/2017 - Mr. David Sidoo, President and CEO of East West Petroleum Corp. (East West), is pleased to announce the successful drilling and casing of the Cheal-D1 exploration well, located near the northern porti...
Songa Offshore Signs Agreement to Combine with Transocean
Norway >> 8/15/2017 - Songa Offshore SE (Songa Offshore) hereby announces an agreement with Transocean Ltd. (Transocean) whereby the parties have agreed to seek to complete a business combination (the "Combination"), to be...
SDRL Amends Secured Credit Facility
Norway >> 8/15/2017 - Seadrill Limited (SDRL) has amended the term credit facility provided to Seadrill Eminence Ltd., a wholly owned subsidiary of the Company, to mature on September 14, 2017. The amendment was implemente...
DNV GL Applies Data Analytics Techniques to Reduce Downtime
Norway >> 8/15/2017 - Opportunities for digitalization are currently being embraced by the oil and gas sector. However, there are few practical use cases of it yet. Lundin Norway and DNV GL have developed the first step in...
Announcement of Dividend per Share for Q12017 in NOK
Norway >> 8/15/2017 - Statoil announced 4 May 2017 dividend per share of USD 0.2201 for first quarter 2017. The NOK dividend per share is based on average USDNOK fixing rate from Norges Bank in the period plus/minus three ...
Lamprell Reaches Settlement with Cameron
United States >> 8/15/2017 - Lamprell has reached an amicable settlement with Cameron International Corporation (Cameron), a subsidiary of Schlumberger Limited (Schlumberger) in respect of the issues associated with the jacking e...
Chevron Technology Ventures Launches Catalyst Program
United States >> 8/15/2017 - Chevron Technology Ventures, LLC (CTV) has launched its Catalyst ProgramTM, an initiative to promote technology innovation in the Houston area and beyond. ...
Whiting Petroleum Sells Fort Berthold Area Assets for $500m
United States >> 8/15/2017 - Whiting Petroleum Corporation has an agreement to sell its Fort Berthold Indian Reservation area assets located in Dunn and McLean Counties, North Dakota to RimRock Oil & Gas Williston, LLC. The cash ...
FPSO Ichthys Venturer Arrives in Australian Waters
Australia >> 8/14/2017 - The INPEX-operated Ichthys LNG Project marks another major milestone with the safe arrival of its Floating Production, Storage and Offloading (FPSO) facility in Australian waters today. ...
Santos to Redirect Gas to South Australian Economy
Australia >> 8/14/2017 - Santos had signed an agreement with ENGIE in Australia for the supply of gas to the Pelican Point Power Station that will help support South Australia’s energy needs. The contract is for 15PJ, startin...
Woodside Begins Production at Persephone Gas Field
Australia >> 8/14/2017 - BP confirmed the start of production from another two of the seven Upstream major projects that it expects to come online in 2017. Five of these seven projects have now started up. ...
Genie Energy Acquires Florida-Based Commercial NG Supplier
United States >> 8/14/2017 - Genie Energy Ltd, announced that its Genie Retail Energy division has acquired Mirabito Natural Gas, a Ft. Lauderdale, Florida-based natural gas supplier, from Angus Energy for $3 million plus Mirabit...
BNK Petroleum Completes Hartgraves Fracture Stimulation
United States >> 8/14/2017 - BNK Petroleum Inc. is pleased to announce the completion of the fracture stimulation of the Hartgraves 1-6H well (100% working interest) which is located in BNK’s Tishiminogo field, in the SCOOP regio...
McDermott Appoints John Freeman as Senior Vice President
United States >> 8/14/2017 - McDermott International, Inc. (NYSE:MDR) announced today that John Freeman has been appointed Senior Vice President, General Counsel and Corporate Secretary, effective today. He succeeds Liane Hinrich...
Husky Agrees to Acquire US Midwest Refinery
United States >> 8/14/2017 - Husky Energy has entered into definitive agreements to acquire the Superior Refinery, a 50,000 barrel per day permitted capacity facility located in Superior, Wisconsin from Calumet Specialty Products...
Waitsia-4 Appraisal Well Reaches Total Depth
Australia >> 8/11/2017 - AWE Limited (AWE), the Operator of Production Licences L1/L2 in the northern Perth Basin, Western Australia, advises that the Waitsia-4 appraisal well reached Total Depth (TD) of 3,744 m Measured Dept...
SBM Offshore Confirms Settlement on its Yme Insurance Claim
Netherlands/Holland >> 8/11/2017 - SBM Offshore confirms that a settlement contract has now been executed with an extended group of primary layer insurers further to its announcement on July 17, 2017 that Heads of Terms had been agreed...
Comet Ridge Updates Mira Field Operations
Australia >> 8/10/2017 - Comet Ridge Limited is pleased to provide an operational update on the field work presently occurring in and around the Mira production pilot, in the northern central part of the Mahalo Block, approxi...
Shell's Techtonic to Spearhead Digital Revolution In Energy Industry
Netherlands/Holland >> 8/10/2017 - Advanced technologies and disruptive innovation are vital to help meet future global energy needs. Since its set up in 2015, the IT Hub Bangalore is one of four IT hubs for Shell globally, and with 2,...
Aker BP Hires Odfjell Drilling Rig for Norway
Norway >> 8/10/2017 - Aker BP ASA has awarded an agreement to Odfjell Drilling for the lease of the semi-submersible drilling rig Deepsea Stavanger for a period of approximately 9 months, with commencement in February 2018...
Kvaerner Awarded Decommissioning Contract
Norway >> 8/10/2017 - Kvaerner has been awarded a contract with A/S Norske Shell for the disposal and demolition of the Subsea Compression Pilot at Nyhamna. The scope of work consists of removal and demolition of approxima...
Tüpras Selects Jacobs EUROCLAUS® Technology for Three Refineries
Turkey >> 8/10/2017 - Jacobs Engineering Group Inc.’s (JEC) proprietary EUROCLAUS® sulfur recovery technology was selected by Tüpras for its new sulfur recovery units that will be installed in the company’s Izmit, Izmir an...
Revised Ownership Structure in UK Offshore Wind Project
United Kingdom >> 8/10/2017 - Statoil has signed a swap agreement with Innogy and SSE for equity interests in the Dogger Bank offshore wind development project. ...
Premier Appoints Roy Franklin as Non-Executive Chairman
United Kingdom >> 8/10/2017 - Premier is pleased to announce that Roy Franklin will join the company’s Board as Non-Executive Chairman with effect from 1st September 2017. He succeeds Mike Welton who, after eight years as Chairman...
Xodus Appoints New Director to Drive Decommissioning Strategy
United States >> 8/10/2017 - Xodus Group has appointed Enrico Salardi as its decommissioning director to lead the company’s experienced ‘decom division’ which was formed in 2015. Mr Salardi has more than 20 years’ experience in t...
AWE Limited to Impair AAL Carrying Value
Australia >> 8/9/2017 - Following on from AWE Limited’s (AWE) reserves update, issued, the company expects to impair the carrying value of the Ande Ande Lumut (AAL) Oil Project and has reviewed the treatment of the US$88 mil...
AWE Limited Updates Reserves and Resources
Australia >> 8/9/2017 - AWE Limited (AWE) provides the following update on the company’s 2P Reserves and 2C Contingent Resources as at 30 June 2017. In the company’s June 2017 Quarterly Report (issued 28 July 2017), AWE advi...
CEE & CIS Downstream Project Management Conference
Austria >> 8/9/2017 - Successful implementation of complex revamp and construction projects without budget overruns and schedule slippage is the dream of any refinery manager. ...
Sempra Renewables Acquires California Solar project from Canadian Solar Subsidiary Recurrent Energy
Canada >> 8/9/2017 - Recurrent Energy, a wholly owned subsidiary of Canadian Solar Inc. ("Canadian Solar") (CSIQ), announced that Sempra Renewables LLC, a unit of Sempra Energy (SRE), has acquired its 200 MWac/281 MWp Gre...
SNC-Lavalin-Dragados-Pennecon Partnership to Work with Husky Energy on Canadian offshore project
Canada >> 8/9/2017 - SNC-Lavalin (SNC), Dragados Canada and Pennecon Ltd are pleased to announce that their General Partnership (GP) has been awarded a construction contract from Husky Energy as part of the company's West...
Shell Launches Methane Detection Pilot
Canada >> 8/9/2017 - Shell has launched a methane detector pilot at one of its shale gas sites near Rocky Mountain House in Alberta, Canada. The pilot test is part of a wider multi-stakeholder initiative called the Methan...
ABB to Upgrade Sweden-Germany HVDC Power Transmission Link
Norway >> 8/9/2017 - ABB has won an order from Baltic Cable AB, a subsidiary of Norway based Statkraft, one of Europe's leading renewable energy generators to upgrade the Baltic Cable high-voltage direct current (HVDC) tr...
Vestas Entered into a Conditional Agreement with Zuma Energia in Mexico
United States >> 8/9/2017 - On 8th August, the Mexican Secretariat of Energy (SENER) held a press conference regarding the financing of the projects awarded in the renewable energy auction in Mexico in September 2016. In relatio...
Jacobs Wins Construction Management Contract from Chevron
United States >> 8/9/2017 - Jacobs Engineering Group Inc. (JEC) signed a Master Services Agreement (MSA) expansion amendment with Chevron Products Company (Chevron) to provide elective construction management (CM) services on an...
Canacol Energy Enters Into Sabanas Gas Flowline Agreement
United States >> 8/9/2017 - Canacol Energy  Ltd. (Canacol) has signed an agreement for the construction, operation and ownership of the 82 kilometer long Sabanas gas flowline from its Jobo gas plant to the connection point with ...

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