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Middle East Oil & Gas News

DNO Reports Payment for Tawke Deliveries
Iraq >> 1/22/2018 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 53.71 million from the Kurdistan Regional Government as payment for October 2017 crude oil deliveries to the export market from the...
Iraq, BP to Sign Agreement to Boost Kirkuk Oil Production
Iraq >> 1/18/2018 -  Iraq plans to sign an agreement with BP to boost production from the northern Kirkuk oilfields, an Iraqi oil official said. The agreement will be signed at the offices of Iraqi state-run North Oil Co...
Aramco Signs Agreement with Chevron, CB&I to Boost Petrochemicals Technology
Saudi Arabia >> 1/18/2018 - CB&I has entered into a Joint Development Agreement with Saudi Aramco that includes Chevron Lummus Global (CLG), CB&I's joint venture with Chevron U.S.A. Inc., for the development, commercialization a...
TGT Announces Middle East Well Diagnostics Breakthrough
United Arab Emirates >> 1/18/2018 - EmPulse® multi-barrier integrity diagnostics system successfully tested on 28% chromium tubulars, ensuring asset integrity and better well performance in challenging production environments. ...
Fugro Undertakes Marine, Land Surveys for Hail, Ghasha Gas Development
United Arab Emirates >> 1/18/2018 - Fugro has commenced a programme of geophysical and geotechnical surveys for Artelia, Abu Dhabi as part of the Hail and Ghasha development, a landmark project by the Abu Dhabi National Oil Company (ADN...
Receipt of Payment for KRI Oil Exports from Taq Taq PSC
Iraq >> 1/17/2018 - Genel Energy plc announces that the Taq Taq partners have received a gross payment of $10.10 million from the Kurdistan Regional Government for oil sales during October 2017. ...
Kuwait Oil Minister Says So Far No Plan to Exit Oil Cuts
Kuwait >> 1/17/2018 - Kuwait’s oil minister Bakhit al-Rashidi said there is no plan or intention so far to exit from a production-cutting agreement among OPEC and non-OPEC oil producers. “The production-reduction agreement...
Gulf Keystone Signs Oil Sales Agreement with Kurdistan Government
Iraq >> 1/16/2018 - Gulf Keystone announces that a crude oil sales agreement has been signed between Gulf Keystone Petroleum International Ltd ("GKPI"), on behalf of the Shaikan contractors, and the Kurdistan Regional Go...
Iraq Ministry of Oil Declares Qualified Companies to Develop 9 Blocks
Iraq >> 1/14/2018 - The petroleum contracts & licensing directorate of the ministry of oil declared the qualification of 5 different international companies, from 8 companies. The companies have presented for the qualifi...
KPI Acquires 50 pct Ownership of Mega Omani Refinery
Kuwait >> 1/14/2018 - Kuwait's High Petroleum Commission has confirmed that Kuwait Petroleum International (KPI), a Kuwait Petroleum Corporation (KPC) affiliate, now owns a 50 percent share of Oman's Duqm refinery. ...
26 Firms to Bid for Oil, Gas Blocks in Iraq's Border Areas
Iraq >> 1/12/2018 - The Iraqi oil ministry said 26 companies have qualified to bid for oil and gas blocks in border areas. Five companies qualified recently to take part in the bidding round, alongside 21 others already ...
BP Awards Jacobs Phase 2 of the Khazzan Tight Gas Project
BP Awards Jacobs Phase 2 of the Khazzan Tight Gas Project Oman >> 1/11/2018 - Jacobs Engineering Group Inc. (JEC) has been selected by BP to provide engineering, procurement and construction management (EPCM) services for the Phase 2 of the Khazzan Project in the Sultanate of O...
Polarcus Awarded 3D Marine Seismic Project in South America
United Arab Emirates >> 1/11/2018 - Polarcus Limited has received a letter of award for the acquisition of a 3D marine seismic project in South America. The project will commence in Q1 2018 and has a scheduled duration of approximately ...
Start of Operations at Al-Sabriya Jurassic Oil, Gas Field
Kuwait >> 1/10/2018 - Kuwait Oil Co announced the immediate launch of operations at Al-Sabriya field, which will produce Jurassic oil and gas. The field is the first of three similar projects, which have been under constru...
Oman Awards Block 57 to Lebanon's Petroleb
Oman >> 1/10/2018 - The Ministry of Oil and Gas has awarded oil concession block 57 to Lebanon-based company Petroleb SAL. The ministry signed an exploration and production-sharing agreement with the Lebanese firm for de...
ADNOC Awards Two FEED Contracts for Offshore Gas Mega Project
ADNOC Awards Two FEED Contracts for Offshore Gas Mega Project United Arab Emirates >> 1/9/2018 - The Abu Dhabi National Oil Company (ADNOC) awarded the two Front End Engineering Design (FEED) contracts for ADNOC’s planned offshore ultra-sour gas mega project, which consists of the Hail, Ghasha an...
ShaMaran Petroleum Corp. Provides Atrush Production Update
Iraq >> 1/8/2018 - ShaMaran Petroleum Corp. reports that operations in the Atrush field in Kurdistan are continuing in a normal, safe and secure manner. Atrush is currently producing at approximately 27 thousand barrels...
Iraq Bans Kurdish Firm Kar Group from Operating Kirkuk Oilfields
Iraq >> 1/8/2018 - Iraq’s parliament voted to ban Kurdish engineering firm Kar Group from operating Kirkuk’s oilfields, following Iraq’s recapture of the Kurdish-held oil region in October. ...
Iraq Agrees with Orion to Invest in Gas Production from Nahr Bin Omar Field
Iraq >> 1/8/2018 - Iraq has reached an initial agreement with U.S. energy company Orion to invest in the production of gas from the Nahr Bin Omar southern oilfield, an oil ministry statement said. ...
Iraq Ministry of Oil Agrees with Oren Company to invest in Bin-Omar Field
Iraq >> 1/8/2018 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared for an agreement with Oren American Company to invest the flare gas which is associated with the oil up-streaming from Bin-Omar oil field ...
Kuwait Energy in Merger Talks with London-listed SOCO International
Kuwait >> 1/8/2018 - SOCO International plc notes the recent press speculation regarding a possible transaction with Kuwait Energy plc. SOCO confirms that, in the context of its stated objective to strategically reshape i...
Algeria's Sonatrach May Invest in Iraq Oil & Gas
Iraq >> 1/7/2018 - Algerian state energy company Sonatrach will study possible investments in oil exploration and natural gas projects in Iraq, the Iraqi oil ministry said in a statement on Sunday. ...
Zion Oil & Gas Exploratory Well Update in Israel
Israel >> 1/5/2018 - Zion Oil & Gas, Inc. (ZN) announces that its Megiddo-Jezreel #1 well (MJ #1) is currently at a depth of 4,330 meters (~14,200 feet), which is approximately 1,000 meters deeper since recommencing drill...
Saudi Arabia converts Aramco into joint-stock company ahead of historic IPO
Saudi Arabia >> 1/5/2018 - Saudi Arabia has changed the status of its national oil giant Aramco to a joint-stock company as of Jan. 1, in a key step for an initial public offering (IPO) planned for later this year. ...
Polarcus Extends Multi-client Collaboration & Vessel Agreement with TGS
United Arab Emirates >> 1/5/2018 - Reference is made to the stock exchange release published by Polarcus Limited on 17 October 2016 regarding a multi-client collaboration and vessel agreement with TGS-NOPEC Geophysical Company ASA ("TG...
Iraq's Exports from Southern Oilfields Hit Record 3.535 mln bpd in December
Iraq >> 1/1/2018 - Oil exports from Iraq’s southern Basra ports rose to a record high of 3.535 million barrels per day (bpd) in December from 3.5 million bpd the previous month, two oil officials said. ...
Saudi Aramco Launches International Maritime Industries Joint Venture
Saudi Arabia >> 12/30/2017 - Saudi Aramco and its partners; Lamprell Plc, the National Shipping Company of Saudi Arabia (“Bahri”); and Hyundai Heavy Industries Co. Ltd. (HHI), announced the official launch of their International ...
KIPCO Completes KD 100 million Seven-year Bond Issue
Kuwait >> 12/28/2017 - KIPCO – the Kuwait Projects Company (Holding) – has announced that it has successfully completed the issuance of a KD 100 million (US$ 331 million) bond issue. This the first ever seven-year corporate...
Kuwaiti Ministry Signs $42M to Import, Assemble Power Cables
Kuwait >> 12/28/2017 - The State of Kuwait signed a KD 14 million (US$ 42 million) deal to import and assemble XLPE insulated cables and fiber optics, said Minister of Oil and Minister of Electricity and Water Bakheet Al-Ra...
Iraq Ministry of Oil Signs Contract to Develop the East Baghdad Oil Field
Iraq >> 12/27/2017 - In the presence of the minister of oil, the ministry of oil signed the initial form of the contract to develop the (East Baghdad field- The southern part) with Jinhua Chinese Company. ...
Tethys Oil Provides Production Update November 2017
Oman >> 12/27/2017 - Tethys Oil's share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in November 2017 to 346,498 barrels of oil, corresponding to 11,550 barrels of oil ...
Saudi Aramco’s First Autonomous Underwater Vehicle
Saudi Arabia >> 12/27/2017 - A new autonomous underwater vehicle (AUV) that can conduct offshore platform debris surveys to identify seabed clearance and potential debris was recently inaugurated by Saudi Aramco. ...
ADNOC and OCP Sign Long-Term Sulphur Sales Agreement
United Arab Emirates >> 12/27/2017 - The Abu Dhabi National Oil Company (ADNOC) and the OCP Group of Morocco (OCP) announced the signing of a long-term sales agreement whereby ADNOC will supply OCP with granulated sulphur. ...
Saudi Aramco to Set up Projects in Ras Al-Khair Industrial City
Saudi Arabia >> 12/25/2017 - Saudi Aramco signed two agreements with the Royal Commission for Jubail and Yanbu (RCJY) to allocate industrial locations for Saudi Aramco to set up two industrial projects at Ras Al-Khair Industrial ...
Iraq Invites Energy Companies for Building New Kirkuk Export Pipeline
Iraq >> 12/24/2017 - Iraq’s Oil Ministry invited foreign oil companies to express interest in building a new oil export pipeline from the Kirkuk oilfields. ...
Aramco Awards Haradh and Hawiyah Gas Development Project Contract
Saudi Arabia >> 12/24/2017 - Saudi Aramco has awarded a contract to build three Temporary Construction Facilities (TCFs) to AZMEEL Contracting Company as part of the company’s Gas Compression Program in Haradh and Hawiyah.

Africa Oil & Gas News

NOC Announces the Reopening of Jikharra Oil Fields
Libya >> 1/21/2018 - After pressure from the National Oil Corporation and the Office of Public Prosecutor, the municipality of Jikharra has decided to reopen oil fields in its area shut at the beginning of November 2017. ...
Cepsa & Sonatrach Sign Exploitation Contract with Alnaft for RKF Field
Cepsa & Sonatrach Sign Exploitation Contract with Alnaft for RKF Field Algeria >> 1/19/2018 - Cepsa, Sonatrach and Alnaft, the National Resources Development Agency of Algeria, have signed a new concession contract for the operation of the Rhoude el Krouf (RKF) oilfield, located in the Berkine...
CGG Supports Cameroon's 2018 Licensing Round
Cameroon >> 1/19/2018 - CGG has an agreement with Société Nationale des Hydrocarbures (SNH), the National Oil and Gas Company of Cameroon, to promote enhanced multi-client E&P data packages and interpretative products, in su...
Global Petroleum Commences Farm Out Process for Its Namibian Interests
Namibia >> 1/19/2018 - Global Petroleum has announced that, following its recent notification of the publication of the Competent Person's Report ('CPR') by AGR TRACS on its Namibian Blocks 1910B and 2010A (Licence PEL0029)...
ExxonMobil Acquires Exploration Acreage Offshore Ghana
Ghana >> 1/18/2018 - ExxonMobil has signed a petroleum agreement with the government of Ghana to acquire exploration and production rights for the Deepwater Cape Three Points block. The agreement is subject to parliamenta...
Wentworth Updates Reserves in the Mnazi Bay in Tanzania
Tanzania >> 1/18/2018 - Wentworth, the Oslo Stock Exchange (WRL) and AIM (WRL) listed independent, East Africa-focused oil & gas company, is pleased to announce the results of its annual independent evaluation of the gas res...
Masdar in $900M Egypt Wind Plan
Masdar in $900M Egypt Wind Plan Egypt >> 1/17/2018 - Three companies including Japan’s Marubeni Corp. and Abu Dhabi Future Energy Co., also known as Masdar, teamed up to invest about $900 million in Egyptian wind parks. ...
Ivory Coast Awards Tullow Two New Oil & Gas Blocks
Ivory Coast (Cote D'Ivoire) >> 1/17/2018 - Ivory Coast awarded Tullow Oil two new oil and gas blocks, including one along the maritime boundary with Ghana, government spokesman Bruno Kone said. ...
Shell & BP to Buy Libyan Oil as Country Recovers
Libya >> 1/17/2018 - Royal Dutch Shell Plc and BP Plc agreed to annual deals to buy Libyan crude, underscoring how the North African country’s recovering production and improving security are enticing some of the world’s ...
Eland Provides Opuama-8 and -9 Infill Wells Update
Nigeria >> 1/17/2018 - 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 that its joint-venture subsidiary Elcrest Explora...
ABB Launches New Energy Meter Range for 690 V Motors
Swaziland >> 1/16/2018 - With a clear focus on reducing costs and improving efficiency ABB has introduced an energy meter range that satisfies the requirements of 690 V motors and other applications in the same voltage range....
NOC & Sonatrach Sign the Joint Reservoir Study for Two Fields
Algeria >> 1/15/2018 - Eng. Mustafa Sanalla, NOC Chairman of the Board, Dr. Abdelmomen Weld Qadour Chairman and General Manager of Sonatrach Company and Mr. John W. Wallace Chairman and CEO of DeGolyer and MacNaughton ...
SDX Spuds ONZ-7 Well
Morocco >> 1/15/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, has spud its ONZ-7 development well on the Sebou permit in Morocco. ...
ADFD Approves US$25m for Solar Projects in Mauritius & Rwanda
Rwanda >> 1/15/2018 - Abu Dhabi Fund for Development (ADFD), the leading national entity for development aid, and the International Renewable Energy Agency (IRENA), the global platform for international cooperation on rene...
Morocco Will Soon Tender for $4.6B Natural Gas Project
Morocco >> 1/14/2018 - Morocco, which depends on imports for almost all of its energy needs, will soon tender for companies to build a $4.6 billion natural gas project, Energy Minister Aziz Rabbah said. ...
World Bank Provides Credit Facilities for Egyptian Solar Project
World Bank Provides Credit Facilities for Egyptian Solar Project Egypt >> 1/11/2018 - The World Bank's Multilateral Investment Guarantee Agency (MIGA) announced that it will provide Egypt with $102.6 million in credit facilities to support the construction, operation and maintenance of...
ADES Extends Three Major Contracts in the Gulf of Suez
ADES Extends Three Major Contracts in the Gulf of Suez Egypt >> 1/11/2018 - ADES International Holding Ltd. (ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, ha...
Algeria Sends More Oil to Cuba as Venezuelan Supplies Fall
Algeria >> 1/10/2018 - Algeria sent 2.1 million barrels of crude oil to Cuba last year and will ship the same amount in 2018, an official at state energy firm Sonatrach said on Wednesday, helping Cuba to offset lower suppli...
Petroleum Minister Meeting with CEO of the German DEA
Petroleum Minister Meeting with CEO of the German DEA Egypt >> 1/10/2018 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources received Mrs. Maria Moraeus Hanssen, CEO of the German company DEA and the accompanying delegation. During the meeting, they reviewed t...
TransGlobe Announces 2018 Capital Program of $29.1M for Egypt
Egypt >> 1/10/2018 - TransGlobe Energy Corporation (TGL) (TGA) (“TransGlobe”) announces the 2018 capital budget and promotions. All dollar values are expressed in US dollars unless otherwise stated. ...
Jumbo Installs First FLNG in Africa
Cameroon >> 1/9/2018 - In 2017 Jumbo Offshore executed the first phase of the Hilli Episeyo project for Golar LNG in Cameroon. This phase involved the transportation and installation of a soft yoke anchor system. ...
Update on Drilling Operations in Morocco
Morocco >> 1/9/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that the KSR-16 well on the Sebou permit in Morocco (SDX 75% working interest) has been completed and tested...
Ali Badr Appointed Chairman of Amerya Petroleum Refining Company
Ali Badr Appointed Chairman of Amerya Petroleum Refining Company Egypt >> 1/8/2018 - The Minister of Petroleum and Mineral Resources, Tareq Al-Mulla, appoints Ali Fuad Badr as the Chairman of the Board of Directors of Amerya Petroleum Refining Company (APRC).
BW Offshore Provided Update on Oil & Gas Segment
Gabon >> 1/8/2018 - BW Offshore is hosting a presentation focusing on the company's Gabon/Dussafu license field development activities, particularly giving details of progress in bringing on-stream the Tortue Field. The ...
Panoro Announces Increase in Oil Reserves at Tortue Field
Gabon >> 1/8/2018 - Panoro Energy ASA is pleased to announce the updated preliminary oil reserves review from independent reserves auditor Netherland, Sewell & Associates Inc. (“NSAI”) of the Tortue oil field, located of...
Aminex Provides Update on Tanzania Operations
Tanzania >> 1/8/2018 - Aminex is pleased to provide the following operations update on its assets in Tanzania. ...
Invitation to Company Update - Oil & Gas Segment
Gabon >> 1/4/2018 - BW Offshore will host a presentation with main focus on the company's field development activities through the joint venture company BW Energy and the planned development of the Dussafu field offshore...
SDX Energy Provides Update in Morocco
Morocco >> 1/4/2018 - SDX Energy Inc. ( SDX), the North Africa focused oil and gas company, is providing an update on its operations in Morocco. ...
LEKOIL Signed 3D Seismic Contract for Otakikpo Field
Nigeria >> 1/4/2018 - LEKOIL (LEK), the oil and gas exploration, development and production company with a focus on West Africa, announces that its joint venture with Green Energy International Limited (GEIL) has signed a ...
Strata-X Pre-empts Farm-in - Gains 100% Interest in Serowe Coal Seam Gas Project
Botswana >> 1/3/2018 - Strata-X has pre-empted a third party offer to buy out Magnum Power and Gas’s ('MPE') 25% interest in the 273,000 acre, 1.4Tcf Prospective Resource, Serowe Coal Seam Gas Project ('Serowe CSG'). Strata...
Siemens Gamesa Won an Order to Supply 262 MW Turbines
Siemens Gamesa Won an Order to Supply 262 MW Turbines Egypt >> 1/3/2018 - Siemens Gamesa Renewable Energy (SGRE) has secured a new order for the installation of 125 of its G97-2.1MW turbines (total capacity of 262.5 MW) at the Egyptian wind farm Gulf of Suez, of Ras Ghareb ...
Spectrum Begins Shallow Water 3D Seismic Program Offshore Gabon
Spectrum Begins Shallow Water 3D Seismic Program Offshore Gabon Gabon >> 1/3/2018 - Spectrum, in collaboration with the Direction Generale des Hydrocarbures (DGH), has commenced the next phase of its shallow water 3D Multi-Client seismic acquisition campaign offshore Gabon with a 3D ...
Bomono Farm Out Extension
Cameroon >> 1/2/2018 - On 6 March 2017 Victoria Oil & Gas Plc, (“the Company”) a Cameroon energy utility, announced that the Company and Bowleven Oil & Gas Plc (“Bowleven”), the African focused oil and gas exploration compa...
Maersk Drilling Awarded 4Y Contract with Tullow Ghana
Ghana >> 1/2/2018 - Maersk Drilling has been awarded a four year contract for the deep-water drillship Maersk Venturer by Tullow Ghana Ltd. The contract, which was signed December 2017, is expected to commence in Februar...
Resuming Operations at the Gas Plant in Abu Attifel Field
Libya >> 12/31/2017 - The Gas Plant at Abu-Attifel Field returned to work normally on 27 December 2017 after the completion of the maintenance. Thanks to the extraordinary efforts made by the libyan employees and technicia...
Egypt Closes in on Energy Hub Goal
Egypt >> 12/28/2017 - Egypt is set to inaugurate a new wharf for natural gas and petroleum product tankers on the Gulf of Suez in the coming days, another step in its plan to become a regional energy hub. ...
NOC Company Is to Conduct Exceptional Activity in 2018
Libya >> 12/28/2017 - The General Assembly Meeting of the National Oil Wells Drilling and Workover Company was held at NOC HQs chaired by Eng. Mustafa Sanalla Chairman of the General Assembly of the Company and in the pres...
Agreement between MIIC & EBRD Worth $200M
Agreement between MIIC & EBRD Worth $200M Egypt >> 12/27/2017 - The Minister of Investment and International Cooperation Dr. Sahar Nasr signed an agreement worth USD 200 million with Director of Natural Resources at the European Bank for Reconstruction and Develop...
Attack on Libyan Pipeline Cuts Output by Up to 100,000 bpd
Libya >> 12/26/2017 - Armed men blew up a pipeline pumping crude oil to Es Sider port, cutting Libya’s output by up to 100,000 barrels per day (bpd), military and oil sources said. ...
Rivers State Government & Shell Nigeria Sign MOU on Gas Supply
Nigeria >> 12/26/2017 - The Rivers State Government and Shell Nigeria Gas (SNG) have signed a Memorandum of Understanding (MoU) for the distribution of gas to industries in the Greater Port Harcourt area and its environs. ...

Asia Oil & Gas News

NOVATEK Announces Year-End 2017 Reserves
Russia >> 1/23/2018 - PAO NOVATEK (NOVATEK) announced that independent petroleum engineers, DeGolyer & MacNaughton, have completed their comprehensive reserve appraisal of the Company’s hydrocarbon reserves as of 31 Decemb...
Iran to Host Intl Oil Showcase in Kish Island
Iran >> 1/22/2018 - Iran is planning to hold the 14th International Oil and Energy Exhibition in Kish Island from January 22 through 25. The showcase will put on display the latest investment opportunities in Iran"s oil ...
Petronas' LNG Delivery Not Impacted by Gas Leak Incident at SSGP
Malaysia >> 1/22/2018 - PETRONAS confirms that its LNG cargo deliveries are not affected by a gas leak incident at its Sabah-Sarawak Gas Pipeline (SSGP) located in Long Luping, Lawas, Sarawak on 10 January 2018. As a result ...
Gazprom Receives Construction Permit for Second String of TurkStream
Russia >> 1/22/2018 - Gazprom has received a construction permit from the authorities of the Turkish Republic for the second string of the TurkStream gas pipeline’s offshore section stretching to the Turkish coast. ...
$3b Needed for Building every 1,000 km of Gas Pipeline
Iran >> 1/21/2018 - Construction of every 1,000 kilometers of 56-inch natural gas pipeline costs over 3 billion dollars, an Iranian gas official says. ...
Iran NGL 3200 Project at about 40% headway
Iran >> 1/20/2018 - The project to construct Iran’s ‘NGL-3200’ plant in West of Karoon River in Khuzestan province is underway, making about 40% headway.
SP Power Plant: Power Production over 17 million MWh
Iran >> 1/20/2018 - Production operation director declared that south pars power plant has ever produced 17700 million MWh of electricity since it has started operations. ...
LPG Export Dock to be Utilized by Next Year
Iran >> 1/20/2018 - Supportive plans director announced that the contractor for constructing export-service port of Tombak has been committed to operate one post of LPG export dock by the next year. ...
Yokogawa Wins Control System Order for Water Source Facilities in China
China >> 1/18/2018 - Yokogawa Electric Corporation (TOKYO: 6841) announces that its subsidiary, Yokogawa China, has received an order from the Dushanzi Petrochemical Company, a subsidiary of PetroChina Company Limited, to...
Shearwater Awarded Large Seismic Survey for Total & Eni
Shearwater Awarded Large Seismic Survey for Total & Eni Myanmar >> 1/18/2018 - Shearwater GeoServices (Shearwater) has been awarded a 10,000 square kilometer marine seismic acquisition services contract by Total and Eni for their 2018 exploration program located approximately 30...
Gazprom & LUKOIL Discuss Cooperation Prospects
Russia >> 1/18/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vagit Alekperov, President of LUKOIL, took place in Moscow today. The parties discussed issues related to coo...
Gazprom Neft Acquires Mobile Environmental Laboratory for the Omsk Oblast
Russia >> 1/18/2018 - Gazprom Neft Deputy CEO Alexander Dybal and the acting Governor of the Omsk Oblast, Alexander Burkov, have discussed issues relating to the development of environmental monitoring in the region. At th...
SEACOR Marine Announces JV with Affiliates of COSCO Shipping Group
China >> 1/17/2018 - SEACOR Marine Holdings Inc. (SMHI) (SEACOR Marine) announced the final formation of SEACOSCO Offshore LLC, a jointly owned Marshall Islands company (SEACOSCO) with affiliates of COSCO SHIPPING GROUP, ...
India to Auction 55 Oil & Gas Exploration Blocks
India >> 1/17/2018 - India will begin the auction of 55 oil and gas exploration blocks from Thursday under new rules, the country’s first licensing round after eight years, as it seeks to unlock its vast hydrocarbon resou...
ABB Wins $40 million Order to Strengthen Indonesia’s Power Grid
Indonesia >> 1/17/2018 - ABB has won an order worth more than $40 million from a consortium comprising Doosan Heavy Industries and state-owned construction company PT Hutama Karya, to upgrade and expand the Muara Tawar combin...
Nord Stream Reaches Average Utilisation of 93% in 2017 – 51 bcm Delivered to the European Union
Russia >> 1/17/2018 - In 2017, the Nord Stream Pipeline delivered 51 billion cubic metres (bcm) of natural gas to consumers in the European Union. This means the pipeline system operated at 93 per cent of its annual design...
PetroNeft Provides Financing Update
Russia >> 1/17/2018 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67, is pleased to provide a financing ...
KBR JV Wins 2 FEED Contracts from Azerbaijan International Oil Company for ACE Project
KBR JV Wins 2 FEED Contracts from Azerbaijan International Oil Company for ACE Project Azerbaijan >> 1/16/2018 - KBR, Inc. (KBR) announced that its joint venture with SOCAR has been awarded two separate Front-End Engineering Design (FEED) contracts for a new Production, Drilling, Quarters (PDQ) platform – the Az...
KBC Signs Consultancy Agreement for Integration of Oil Refineries in China
KBC Signs Consultancy Agreement for Integration of Oil Refineries in China China >> 1/16/2018 - Yokogawa Electric Corporation announces that its subsidiary, KBC Advanced Technologies, has signed a consultancy agreement with China Energy Engineering North Co., Ltd. for the integration of operatio...
Exillon's December Production Report
Russia >> 1/16/2018 - Exillon Energy plc (Exillon Energy), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to ann...
Results of the TATNEFT’s Reservoir Pressure Maintenance System Development in 2017
Russia >> 1/16/2018 - Acting within the framework of the Concept of RPM (reservoir pressure maintenance) System Development for the 2016-2020 TATNEFT Company continued the introduction of advanced technologies to maintain ...
IBM & SOCAR Announce a Joint Venture
Azerbaijan >> 1/15/2018 - SOCAR and IBM (IBM) announce establishment of a joint venture called Caspian Innovation Center LLC for the purpose of building and operating a competitive analytics and delivery center to provide IT, ...
Premier Oil Sells Kapak Field Interest to Batavia Oil
Indonesia >> 1/15/2018 - Announcing a trading and operations update on January 11,Premier Oil said it had signed a sale and purchase agreement withBatavia Oil on 19 December to sell its entire 18.75 per cent non-operated inte...
Indonesia CBM Reserves Certification for Tanjung Enim PSC Initial POD
Indonesia >> 1/15/2018 - NuEnergy Gas Limited (NuEnergy) is pleased to announce that it has received the coal bed methane (CBM) reserves certification from the Indonesia Research and Development Center for Oil and Gas Technol...
Russia's Gazprom Plans To Invest 182.4B Roubles In Turkstream In 2018
Russia >> 1/15/2018 - Russian gas giant Gazprom said it plans to invest 182.4 billion roubles ($3.2 billion) this year in the TurkStream pipeline project and another 114.5 billion roubles in Nord Stream 2. Moscow, dependen...
Iran Eyes Major Petchem Deals Soon
Iran >> 1/14/2018 - Iranian petrochemical companies have signed several memoranda of understanding (MoUs) with European firms which will soon turn into contacts. Iran eyes major Petchem deals soo. ...
Iran to Launch Green Petchem Tank Farm by March
Iran >> 1/14/2018 - Iran is to launch its first green tank farm aimed at storing petrochemical liquids by late March. Iran to Launch Green Petchem Tank Farm by March. ...
TAP & Raiffeisen Bank Donate 36 VIENNA Benches to the “Skënderbej” Square in Tirana
Azerbaijan >> 1/12/2018 - The Trans Adriatic Pipeline (TAP) and Raiffeisen Bank donated to the Municipality of Tirana 36 VIENNA benches, a gift from both companies for the “Skënderbej” square. The delivery of benches was witne...
Tangai-Sukananti - December Operations Update
Indonesia >> 1/12/2018 - HIGHLIGHTS ...
Bruce, Keith and Rhum Fields Restart
Iran >> 1/12/2018 - Serica Energy plc (SQZ) is pleased to report that it has been informed by BP Exploration Operating Company (“BPEOC”), as operator of Bruce, Keith and Rhum, that these fields have each resumed producti...
Halfwave Lands Inspection Contract for Nord Stream 2
Russia >> 1/12/2018 - Halfwave has been awarded a contract to design and build 48” ART Scan® in-line inspection tools for Nord Stream 2. The ART Scan® tools will be used to inspect the 48” twin gas pipelines in the Nord St...
Zenith Energy Signs Exclusivity Agreement for Production and Exploration Assets in Central Asia
Russia >> 1/12/2018 - Canadian company Zenith Energy, the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has entered into an exclusivity agreement for the acqui...
Gazpromneft-Aero Introduces Satellite Monitoring of Aircraft Refueling Tankers
Russia >> 1/12/2018 - Gazpromneft-Aero, operator of the Gazprom Neft aviation refuelling business, has become the first of Russia’s aviation refuelling companies to equip itself with approximately 300 transport vehicles, i...
PROKON Successfully Delivered the Project for SOCAR Polymer
Azerbaijan >> 1/10/2018 - PROKON announces the accomplishment of engineering, procurement and construction (EPC) works at Conditioning Facility within PP/HDPE (Polypropylene/High density polyethylene) Project for SOCAR Polymer...
Frontera Resources Mobilises the Drilling Rig to T-45 Well
Georgia >> 1/10/2018 - Frontera Resources Corporation (FRR), the European-focused oil and gas exploration and production company, is pleased to announce that it has received the notification from the Company's drilling cont...
INPEX Announces Changes in General Manager
Japan >> 1/10/2018 - INPEX CORPORATION (INPEX) today announced the following personnel changes in General Manager. ...
Tengizchevroil Awards Pipelines Construction Contract to Bonatti
Tengizchevroil Awards Pipelines Construction Contract to Bonatti Kazakhstan >> 1/10/2018 - Bonatti was awarded the Area 51 Pipelines contract by Tengizchevroil (TCO) for the FGP-WPMP project, which will create a new gathering system for transporting the fluids of Tengiz and Korolev reservoi...
Imperial Energy Group Has Been Awarded with the Title of “Attractive Employer – 2017”
Russia >> 1/10/2018 - According to study carried out by the leader of the online recruitment market of Russia, Superjob.ru, Imperial Energy has been awarded with the status of “Attractive employer – 2017”. ...
Gazpromneft-Lubricants Signs Cooperation Agreement with Kuwait Petroleum International
Russia >> 1/10/2018 - Gazpromneft-Lubricants Ltd, operator of the Gazprom Neft lubricants business, has signed an agreement with Kuwait Petroleum International (KPI, part of Kuwait Petroleum Corporation, one of the world’s...
Kreuz Subsea Wins Major Contract to Support L&T & ONGC in India
India >> 1/9/2018 - Kreuz Subsea, a leading global integrated subsea services business, has announced it has been awarded its most financially significant contract in the company’s history. It will see the independent fi...

Global Oil & Gas News

Igor Sechin Makes a Business Trip to Germany
Germany >> 1/23/2018 - Igor Sechin, Chief Executive Officer of Rosneft, has made a business trip to Germany visiting Schwedt Refinery (PCK). The head of Rosneft and Gerhard Schroeder, Chairman of the Company Board of Direct...
Statoil Awards Subsea Contracts for the Troll Phase 3 and Askeladd Projects
Norway >> 1/23/2018 - Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project...
Petrofac Secures Key North Sea Contract
United Kingdom >> 1/23/2018 - Petrofac’s Engineering and Production Services (EPS) division has been awarded a new Offshore Manning Services contract by Chevron North Sea Limited (Chevron). The three-year award, which came into ef...
Rotork Awarded Doha Metro Ventilation Actuation Contract
United Kingdom >> 1/23/2018 - Rotork has won the contract to supply 2,500 ROM electric valve actuators for tunnel ventilation dampers on the new Doha Metro. ...
Amerisur Resources Provides Update on Ecuador Operations
Ecuador >> 1/22/2018 - Amerisur Resources has provided an update on agreements in Ecuador for the use of the OBA/RODA pipeline systems for transport of Amerisur crude oil. ...
Rosneft Deutschland Enters the Market for Petroleum Products in Germany
Germany >> 1/22/2018 - Rosneft Deutschland GmbH, a Rosneft subsidiary, and the German BITUMINA Handel GmbH & Co. KG, a subsidiary of Basalt-Actien-Gesellschaft, in the presence of Rosneft Chief Executive Officer Igor Sechin...
Serica Energy Reports Erskine Production Interruption
United Kingdom >> 1/22/2018 - AIM-listed Serica Energy has been informed by the operator of the Erskine field that, during routine pipeline cleaning operations of the Lomond to Everest condensate export pipeline, a blockage occurr...
Schlumberger to Exit the Marine and Land Seismic Acquisition Market
United States >> 1/21/2018 - Announcing its Q4 and full-year 2017 results on Friday, Schlumberger said that it had taken the decision to exit the marine and land seismic acquisition market, and instead turn its WesternGeco produc...
SunPower Oasis Power Plant Begins Operation at Total's La Mède Refinery
France >> 1/19/2018 - SunPower Corp. has announced that an 8-megawatt SunPower® Oasis® Power Plant was recently completed and is now operating at Total's La Mède refinery in Châteauneuf-les-Martigues, France. ...
Transocean Shareholders Approve Acquisition of Songa Offshore SE
Norway >> 1/19/2018 - Transocean has concluded its extraordinary meeting of shareholders ('EGM') approving all of the proposals related to the acquisition of Songa Offshore SE. ...
Apache Corporation Named One of the World's Most Admired Companies by Fortune
United States >> 1/19/2018 - Apache Corporation (APA) has been named by FORTUNE magazine as one of the World's Most Admired Companies. This is Apache's first time to be recognized in the annual list. ...
Husky Energy to Suspend SeaRose Operations
Canada >> 1/18/2018 - Husky Energy will begin taking steps to suspend operations of its SeaRose floating production, storage and offloading vessel (FPSO) and associated production facilities offshore Newfoundland and Labra...
Evonik & Siemens to Generate High-Value Specialty Chemicals From Carbon Dioxide
Germany >> 1/18/2018 - Evonik and Siemens are planning to use electricity from renewable sources and bacteria to convert carbon dioxide (CO2) into specialty chemicals. The two companies are working on electrolysis and ferme...
Entry into Phase Two of Initial Period of the Orinduik Block
Guyana >> 1/18/2018 - Eco (Atlantic) Oil & Gas Ltd. (ECO), the oil and gas exploration company with licenses in highly prospective regions in South America and Africa, announces that at the Company and Tullow Oil (together...
Dow R. Wilson to Join Agilent's Board of Directors
United States >> 1/18/2018 - Agilent Technologies Inc. announced that Dow R. Wilson, CEO of Varian Medical Systems, Inc., has been appointed to its board of directors, effective March 20, 2018. ...
Halfwave Exhibiting at PPIM 2018 - Houston
United States >> 1/18/2018 - Halfwave will be exhibiting at the annual Pipeline Pigging & Integrity Management (PPIM) 2018 Conference in Houston from 29th January - 1st February 2018. Our State of the art 18" ART Scan® tool will...
GeoPark Announces New Gas Play Discovery in Chile
Chile >> 1/17/2018 - GeoPark Limited (GeoPark) (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Brazil, Argentina, Chile and Pe...
Statoil Awards Contract for Improved Recovery on Johan Sverdrup
Norway >> 1/17/2018 - Statoil awards a contract to Alcatel Submarine Networks for Permanent reservoir monitoring (PRM) on the Johan Sverdrup field. The seismic technology – a potential digital enabler for the field – will...
Multi-Client Revenues Related to APA 2017 Awards
Norway >> 1/17/2018 - On 16 January 2018, the Norwegian Ministry of Petroleum and Energy (the "MPE") announced the awards of new production licenses through the Awards in Pre-defined Areas (APA 2017) licensing round. ...
GE Announces New President & CEO of Europe
United States >> 1/17/2018 - GE (NYSE: GE) announces the appointment of Peter Stracar as President & CEO of GE’s European region. He succeeds Mark Hutchinson who announced his retirement from GE effective Jan 1. Peter will report...
Emerson Completes Acquisition of ProSys, Inc.
United States >> 1/17/2018 - Emerson (EMR) announced it has acquired ProSys Inc., a global supplier of software and services that increase production and safety for the chemical, oil and gas, pulp and paper, and refining industri...
Pampa Energia Sold Petrolera Entre Lomas for $360M
Argentina >> 1/16/2018 - Pampa Energia S.A. (Pampa) announces that, Pampa executed with Vista Oil & Gas S.A.B. de C.V. (Vista) an agreement to sell its direct ownership of 58.88% at Petrolera Entre Lomas S.A. (Pelsa), 3.85% a...
BHP Selects Jacobs to Deliver Engineering Services for New Nickel Sulphate Facility
Australia >> 1/16/2018 - Jacobs Engineering Group Inc. (JEC) has been awarded an engineering services contract from BHP for a new nickel sulphate facility located at the company’s Kwinana Nickel Refinery in Western Australia....
SBM Offshore Completes Turritella Handover and Transaction
Netherlands/Holland >> 1/16/2018 - After an operational transition period, SBM Offshore and Shell E and P Offshore Services B.V. (Shell) have completed the transaction related to the sale of FPSO Turritella. Both companies have worked ...
Statoil Awarded New Production Licences on the Norwegian Continental Shelf
Norway >> 1/16/2018 - In connection with the Award in Predefined Areas (APA) for 2017 Statoil has been offered interests in 31 exploration licences on the Norwegian continental shelf (NCS), 17 of these as operator, and 14 ...
DEA Awarded 5 New Licences in 2017 Awards in Predefined Areas (APA)
Norway >> 1/16/2018 - The Norwegian Ministry of Petroleum and Energy has awarded five new licenses to DEA in this year’s APA round. DEA’s Exploration Manager Svend Erik Pettersson is pleased with the results: ...
Touchstone Announces Operational Update
Trinidad and Tobago >> 1/16/2018 - Touchstone Exploration Inc. (“Touchstone”) (TXP) announces the following operational update. ...
Shell Awarded Fluor an EPC Contract for Penguins Offshore
United Kingdom >> 1/16/2018 - Fluor Corporation ( FLR) announced that the company was awarded a contract by Shell for the engineering, procurement and fabrication of Shell’s Penguins floating production storage and offloading (FPS...
TGS Announces 3 New Onshore Seismic Projects in North America
United States >> 1/16/2018 - TGS announces three new onshore seismic projects; Sanderson, West Hackberry and Dawson in prolific North American basins. The West Hackberry 3D multi-client seismic survey is located north of TGS' Loy...
ExxonMobil & MagnaBond Collaborate Well Integrity Evaluation Technologies
United States >> 1/16/2018 - ExxonMobil Upstream Research Company announced that it has signed a three-year joint development agreement with MagnaBond, LLC to develop new technologies that could enhance cost-effective evaluation ...
LINN Energy Sold the Altamont Bluebell Field for $132M
United States >> 1/16/2018 - LINN Energy, Inc. (LNGG) (LINN) announces that it has signed a definitive agreement to sell its interest in properties located in the Altamont Bluebell Field to an undisclosed buyer for a contract pri...
Talos Energy Announces Initial Production from Tornado II Well
United States >> 1/16/2018 - Talos Energy LLC (Talos) announced initial production from the Tornado II deep water well (GC 281 #2ST), located in the Phoenix Field of the Green Canyon area of the Gulf of Mexico in approximately 2,...
Petrobras & Total Complete Transfer of Rights in Lapa & Iara Concessions
Petrobras & Total Complete Transfer of Rights in Lapa & Iara Concessions Brazil >> 1/15/2018 - Petrobras and Total announce today that they have finalized a decisive milestone in the realization of their Strategic Alliance, signed in March 2017, with the completion of the following transactions...
Canacol Energy Confirming Significant Gas Discovery at Pandereta-2
Colombia >> 1/15/2018 - Canacol Energy Ltd. (Canacol) is pleased to provide the results of the Pandereta 2 appraisal well located on its 100% operated VIM 5 block in the Lower Magdalena Valley Basin of Colombia. Pandereta 2...
INEOS Launches Six New Oil & Gas Businesses
United Kingdom >> 1/15/2018 - INEOS has confirmed that it is launching six new oil and gas businesses. The announcement follows the completion of a number of North Sea Oil and gas acquisitions that began in 2015. Today INEOS is a ...
Vitol Agrees to Acquire Noble Americas
United States >> 1/15/2018 - Vitol US Holding Co. (“Vitol”) has agreed to acquire Noble Americas Corporation (“Noble Americas”) subject to certain conditions precedent. A copy of the Noble Group Limited press release relating to ...
President Completes Successful Workovers at Puesto Flores Field
Argentina >> 1/12/2018 - President Energy, the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina is pleased to announce successful results from its third...
Octanex Withdraws from Exmouth Plateau Permits WA-362-P & WA-363-P
Australia >> 1/12/2018 - Octanex has advised that it has notified Eni Australia, the operator of exploration permits WA-362-P and WA-363-P, that it will withdraw from the permits. This decision follows notice of Eni’s withdra...
Koch-Glitsch & IPT Partnership Offers New Technology for Refiners
Italy >> 1/12/2018 - Koch-Glitsch and INVISTA Performance Technology (IPT), affiliates of Koch Industries, announced a partnership to offer DTL process technology, allowing refineries to capture the value spread between r...
Serica Energy Announces Bruce, Keith and Rhum Fields Restart
United Kingdom >> 1/12/2018 - Serica Energy has been informed by BP Exploration Operating Company ('BPEOC'), as operator of Bruce, Keith and Rhum, that these fields have each resumed production, following the successful repair of ...

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