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Middle East Oil & Gas News

KOC’s Increase in Natural Gas, Oil Contributes to Meeting Needs
Kuwait >> 9/19/2018 - Increasing free natural gas and light oil by Kuwait Oil Company (KOC) will help contribute to meeting the country’s pressing need of gas and reaching new global commercial markets, said Minister of Oi...
ADNOC's Ruwais Unit Reaches Full Production of Polymer-grade Propylene
United Arab Emirates >> 9/19/2018 - Abu Dhabi’s National Oil Company (ADNOC) has reached full production of polymer-grade propylene from its newly commissioned Ruwais-based Propane Dehydrogenation (PDH) unit, the firm said in a statemen...
Duqm Refinery Launches ICV Forum
Oman >> 9/18/2018 - Duqm Refinery launched its In-Country Value (ICV) Programme Opportunities Forum at the Crowne Plaza Hotel in Duqm. The launch of the programme coincides with the beginning of construction of the refin...
Saudi Aramco to Spend over $133b on Drilling over Next Decade
Saudi Arabia >> 9/17/2018 - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday. ...
UAE's Brooge Petroleum Plans to Float 40 pct in London IPO
United Arab Emirates >> 9/16/2018 - The United Arab Emirates Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, BPGIC Chief Executive Officer Nicolaas Paardenkooper sa...
MoU with Schneider Electric Focuses on 4th Industrial Revolution Solutions
Saudi Arabia >> 9/13/2018 - Saudi Aramco and Schneider Electric Saudi Arabia have signed a Memorandum of Understanding (MoU) regarding the Fourth Industrial Revolution. ...
SABIC Announces Latest Updates on Its Acquisition of Shares in Swiss Clariant AG
Saudi Arabia >> 9/11/2018 - With reference to the announcement made by SABIC on Tadawul on January 25, 2018 regarding the acquisition of a 24.99% equity interest in Swiss Clariant AG, SABIC would like to announce that all regula...
Aramco Awards China Harbour Engineering Arabia a Contract to Construct 2 Drilling Islands
Saudi Arabia >> 9/11/2018 - Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the company’sBerri Increment Program (BIP). ...
Gulf Keystone Announces 2018 Half Year Results
Iraq >> 9/10/2018 - Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq (Kurdistan or Kurdistan Region) announces its results for the half year ended 30 June 2018. ...
The Oil Minister of Iraq Jabbar Ali Meets Eni’s CEO
Iraq >> 9/9/2018 - The oil minister of Iraq, Jabbar Ali Hussein Luaibi, and the Chief Executive Officer of Eni, Claudio Descalzi met in Baghdad. ...
SNC-Lavalin Awarded West Qurna Phase 2 Oil Field Contract
Iraq >> 9/6/2018 - SNC-Lavalin (SNC) is pleased to announce that it has been awarded a framework agreement for project support services with LUKOIL Mid-East for the West Qurna phase 2 oil field in Iraq. ...
Israel's Ratio Oil Signs Philippines Exploration Deal
Israel >> 9/5/2018 - Israel’s Ratio Oil Exploration signed a long-awaited deal to search for oil and gas in the Philippines, a spokesman for Philippines President Rodrigo Duterte said. ...
Aramco Awards BHGE Integrated Services Contract for Marjan Field
Saudi Arabia >> 9/4/2018 - Saudi Aramco has awarded the first large-scope integrated services contract for its Marjan oilfield – the first of three major offshore expansions in Saudi Arabia, and the company’s largest upstream d...
Adnoc Commissions Specialised Coker Unit
United Arab Emirates >> 9/2/2018 - ADNOC Refining, a subsidiary of the Abu Dhabi National Oil Company (ADNOC) has successfully completed the commissioning of a specialized coker unit, as part of its Carbon Black and Coker Project. With...
Aramco Inks Strategic Collaboration with M.V. Lomonosov Moscow State University
Saudi Arabia >> 8/29/2018 - Saudi Aramco Upstream Technology Company (SAUTC), a Saudi Aramco company, has signed a memorandum of understanding (MoU) with Russia’s Lomonosov Moscow State University (MSU) to promote cooperation in...
Aramco’s Planned $100B IPO On Hold
Saudi Arabia >> 8/29/2018 - The king spoke, and a $2-trillion dream went up in smoke. ...
Gazprom Neft Launches the Second Process Line At Its GTP At The Badra Field
Iraq >> 8/27/2018 - Gazprom Neft subsidiary Gazprom Neft Badra has commissioned Line B at its 800 million cubic metre gas treatment plant (GTP) at the Badra field, Iraq. ...
NIDC Inks Drilling MOU with Iraqi Partner
Iraq >> 8/27/2018 - The National Iranian Drilling Company (NIDC) has signed a memorandum of understanding (MoU) with an Iraqi company for carrying out drilling operations and repair oil wells in Basra and Az Zubeir oilfi...

Africa Oil & Gas News

SOCO International to Acquire Merlon Petroleum
SOCO International to Acquire Merlon Petroleum Egypt >> 9/20/2018 - SOCO International plc has agreed to acquire Merlon Petroleum El Fayum Company for approximately US$215 million (the “Proposed Transaction”). Merlon is a privately owned oil and gas company with a 100...
Acquisition of Outstanding Minority Interest in PAO Namibia, Holder of Tamar Block
Namibia >> 9/20/2018 - Eco (Atlantic) Oil & Gas Ltd., the independent oil and gas exploration company with licences in highly prospective regions in Guyana and Namibia, is pleased to announce that, through its wholly owned ...
Egypt, Cyprus Sign an Agreement to Construct the $800M Hope Pipeline
Egypt, Cyprus Sign an Agreement to Construct the $800M Hope Pipeline Egypt >> 9/19/2018 - The Minister of Energy of Cyprus, Mr. George Lakkotrypis, and the Minister of Petroleum and Mineral Resources of Egypt, Eng. Tarek El Molla, signed an agreement on September the 19th, to establish the...
Opuama and Ubima Update
Nigeria >> 9/18/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased is pleased to announce the following update on the Opuama-10 ...
TGS Announces New Multibeam & Seep Study Project in the MSGBC Basin
Senegal >> 9/18/2018 - TGS is pleased to announce its first regional offshore MSGBC SeaSeep Project in the North West Africa Atlantic Margin. ...
Tlou Provides Operations Update
Botswana >> 9/17/2018 - Tlou Energy Limited, the ASX, AIM and BSE listed company focused on developing gas-to-power projects in southern Africa using coal bed methane ("CBM") natural gas from its gas field in Botswana, is pl...
Tower Resources Provides Cameroon Operational Update
Cameroon >> 9/17/2018 - Tower Resources plc is pleased to provide the following operational update on its work on the Thali licence in Cameroon, conducted through its wholly owned subsidiary Tower Resources Cameroon SA. ...
Gastec & Eni Sign Agreement to Establish Fuel Stations
Gastec & Eni Sign Agreement to Establish Fuel Stations Egypt >> 9/17/2018 - Gastec Corporation and Italian oil and gas company Eni signed an agreement to establish auto service and gas and natural gas fuel stations in various areas across the country, particularly in Upper Eg...
EGAS Provided 2.1 Trillion Cubic Feet of Gas to Local Market in FY 2017/18
EGAS Provided 2.1 Trillion Cubic Feet of Gas to Local Market in FY 2017/18 Egypt >> 9/17/2018 - The Egyptian Natural Gas Holding Company (EGAS) provided 2.1 trillion cubic feet of gas to all local market economic sectors in FY 2017/18, leading to a 63% increase in the local consumption rate, acc...
First Oil Produced by the BW Adolo FPSO
Gabon >> 9/17/2018 - BW Offshore is pleased to announce that first oil from the BW Adolo FPSO was safely achieved on 16 September 2018, 18 months after the initial investment was made in the Dussafu license offshore Gabon...
Update Regarding Contract for the Tano 2A Block
Ghana >> 9/17/2018 - Petrel Resources, the oil and gas exploration company with an interest in Ghana, is pleased to announce that the Company's Directors believe they have resolved the outstanding issues with the Ghana Na...
Egypt Signs 2 Deals to Explore for Oil & Gas at $1B Investments
Egypt Signs 2 Deals to Explore for Oil & Gas at $1B Investments Egypt >> 9/15/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla signed two deals with firms from Canada, the UK, the Netherlands, Malaysia and Kuwait to explore for petroleum and gas in two deep-water area...
TSK to Build a New Solar Park in Egypt
TSK to Build a New Solar Park in Egypt Egypt >> 9/14/2018 - The signing took place of a contract valued at 20 million euros for TSK to build a solar park in southern Egypt. This 26 megawatt (MW) photovoltaic power plant will be located in Kom Ombo, in the sout...
ABB Completes Acquisition of AB Rotech
Swaziland >> 9/14/2018 - ABB announced it has completed its acquisition of AB Rotech, a privately owned company headquartered in Bursa, Turkey. AB Rotech has 20 years of experience in robotic welding solutions and services fo...
Sonatrach Group 2030 Strategy
Algeria >> 9/13/2018 - Sonatrach is really accelerating in the last third of 2018 with the organization of information days on "investment opportunities for Algerian companies", which were held from 9 to 10 September at the...
Metragaz Award RWG a Long-Term Maintenance Contract
Morocco >> 9/13/2018 - Metragaz S.A has awarded RWG a long-term contract to provide advance exchange, overhaul, installation and recommissioning services to maintain their fleet of Siemens SGT-A35 (Industrial RB211) aero-de...
TGS Announces New 3D Multi Client Project in the MSGBC Basin
Senegal >> 9/13/2018 - TGS is pleased to announce Jaan, a fully harmonized 3D multi-client project in the southern portion of the MSGBC Basin from northern Senegal, through The Gambia and the AGC zone, into Guinea-Bissau do...
Algeria Plans New Gas Pipeline by 2020
Algeria >> 9/12/2018 - Algeria will invest $280 million to built a gas pipeline to boost output to Europe, a Sonatrach executive said. The 197 km (122 mile) pipeline will connect to two others that link to Spain - the Pedro...
Madagascar to Launch 2018-19 Licensing Round
Madagascar >> 9/12/2018 - OMNIS, in partnership with TGS and BGP, announce a licensing round in Madagascar, to be launched at Africa Oil Week, 5-9th November 2018. ...
Total E&P South Africa Contract Awards
South Africa >> 9/12/2018 - Total E&P South Africa has awarded Solstad Farstad a contract for one Large Anchor Handling Vessel (AHTS) Normand Ranger (2010, VS 491 Design) and one Platform Supply Vessel (PSV) Far Starling (2014, ...
Azinam Farms into 2 Licences Offshore South Africa
South Africa >> 9/11/2018 - Azinam Limited, the Seacrest Capital-backed South West African oil exploration company, is pleased to announce the acquisition of a 40% operating interest in Block 3B/4B and a 51% operating interest i...
Construction of Tema LNG Terminal Project Agreement Signed
Ghana >> 9/10/2018 - The Tema LNG Terminal Company Limited, an entity controlled by Helios Investments, has signed an agreement with China Harbour Engineering Company for the construction of a Liquefied Natural Gas (LNG) ...
Gunmen Shooting Inside Headquarters of Libyan State Oil Firm
Libya >> 9/10/2018 - Gunmen were shooting inside the headquarters of Libyan state oil firm (NOC) in Tripoli they stormed and there are several casualties, a NOC staff member told Reuters. ...
Mozambique’s Government & Industry Stakeholders to Meet at Official Gas Summit in Maputo
Mozambique >> 9/10/2018 - With LNG market dynamics set to change from fears of oversupply to buoyant demand coming from China and rest of Asia, investors have confidently been backing more LNG projects in countries which are e...
Savannah Spudded Zomo-1 Well, Niger
Niger >> 9/10/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around activities in Niger and Nigeria, this morning announces that the fifth well in its current Niger drilling campaign, Z...
Director General of Sierra Leone Petroleum Directorate to Consult with Petroleum Industry Investors
Sierra Leone >> 9/10/2018 - In August 2018 Mr Timothy Kabba was appointed as Director General of the Sierra Leone Petroleum Directorate. Mr Kabba brings fresh perspectives to the current Fourth Sierra Leone Licensing Round and i...
Zohr Field Reaches 2 bcfd Production Target
Zohr Field Reaches 2 bcfd Production Target Egypt >> 9/8/2018 - Eni announces that Zohr field is now producing 2 bcfd, equivalent to approximately 365,000 boed. This outstanding result has been achieved only a few months after the first gas in December 2017 and on...
Update on TLP 103 Well on Tilapia Field
Congo >> 9/7/2018 - Anglo African Oil & Gas plc, the independent oil and gas developer, provides the following update on the TLP 103 well and also details of a forward plan to minimise disruption to the drilling programm...
ITFC Implements $3B through 2 Financing Agreements to Support Egypt
ITFC Implements $3B through 2 Financing Agreements to Support Egypt Egypt >> 9/6/2018 - The International Islamic Trade Finance Corporation (ITFC) announced the signing of two new Agreements between ITFC & the Government of the Arab Republic of Egypt represented by the Egyptian General P...
Sound Energy Announces Award of Production Concession
Morocco >> 9/6/2018 - Sound Energy, the Morocco focussed upstream gas company, is pleased to announce the award of the production concession relating to the Tendrara gas discovery in Eastern Morocco by the Moroccan Ministr...
Uganda's National Oil Firm, China's CNOOC Sign Exploration Deal
Uganda >> 9/6/2018 - Uganda said on Thursday its national oil firm and Chinese offshore oil and gas company CNOOC Ltd had signed an agreement to jointly conduct exploration in a new block in the East African country. ...
Temporary Suspension of Drilling TLP-103 at Tilapia Oil Field
Congo >> 9/5/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, announces that the Company has been informed by its drilling contractor, SMP, that they have experienced a topside issue that has aff...
Egypt to Pay $2B to a Spanish-Italian JV in Gas Dispute
Egypt to Pay $2B to a Spanish-Italian JV in Gas Dispute Egypt >> 9/5/2018 - Egypt will pay $2 billion to Union Fenosa Gas Company as a settlement for halting gas supplies to the company’s Damietta LNG plant, according to the World Bank arbitration. Union Fenosa is a joint ven...
Equatorial Guinea to Launch New Oil & Gas Bid Round in January
Equatorial Guinea >> 9/5/2018 - Equatorial Guinea will launch a new oil and gas exploration bidding round early next year and may refuse extensions of existing licences to oil companies unless they collectively invest a minimum of $...
Egypt Signs Oil Hedging Deals with Two Banks
Egypt Signs Oil Hedging Deals with Two Banks Egypt >> 9/4/2018 - Egypt has signed contracts with two global banks to hedge against fluctuating global oil prices, a senior government official told Reuters. ...
Tullow Oil Spuds Cormorant-1 Well in PEL 37 Offshore Namibia
Namibia >> 9/4/2018 - JV partner Pancontinental Oil & Gas has announced that operator Tullow Oil has spudded the Cormorant-1 well in Petroleum Exploration Licence 37 ('PEL 37') offshore the Republic of Namibia. Pancontinen...
Maire Tecnimont Awarded $248M EPC Contract for LPG Project
Maire Tecnimont Awarded $248M EPC Contract for LPG Project Algeria >> 9/3/2018 - Maire Tecnimont S.p.A. announces that its main subsidiary Tecnimont S.p.A. has been provisionally awarded by the Direction Centrale Engineering & Project Management of SONATRACH an EPC (Engineering, P...
SOCO Provides Update on Sale of Angolan Interests
Angola >> 9/3/2018 - As announced on 2 July 2018 SOCO has entered into a sale and purchase agreement (SPA) for the sale of the Group's entire 80% shareholding in SOCO Cabinda Limited, the company holding a 22 percent, non...
Wentworth Provides Payment Update
Tanzania >> 9/3/2018 - Wentworth is pleased to inform shareholders that payments received during August 2018 for gas sales generated from the Mnazi Bay Concession in Tanzania totalled $3.4 million net to Wentworth. Payments...
New Age Spuds Etinde Appraisal Well IE-4
Cameroon >> 8/31/2018 - Bowleven, the Africa focused oil and gas company traded on AIM, is pleased to announce the spud of the IE-4 appraisal well at the Etinde block, Cameroon, by the block's operator, New Age Cameroon Offs...

Asia Oil & Gas News

Snow Leopard 1 Well Results
Mongolia >> 9/20/2018 - Petro Matad, the AIM quoted Mongolian oil explorer, provides a summary of the results from its Snow Leopard 1 well: ...
Samsung Awards Mammoet New Contracts for Petrochemical Sites
Thailand >> 9/19/2018 - Mammoet is pleased to announce two new contracts with Samsung Engineering (Thailand) Co Ltd to provide transport and heavy lift works as part of two petrochemical projects in Map Ta Phut, Rayong Provi...
CNOOC Commences Production at the Penglai 19-3 Oilfield
China >> 9/18/2018 - CNOOC Limited has announced that the Penglai 19-3 oilfield 1/3/8/9 comprehensive adjustment project has commenced production. ...
Significant Reserve Growth Confirmed at the Utrenneye Field
Russia >> 9/18/2018 - PAO NOVATEK announced that upon drilling and testing of well #294 at the Utrenneye field, two new hydrocarbon deposits were discovered and commercial viability of the mid-Jurassic deposits was confirm...
Keppel Delivers Its 2nd LNG Vessel to Keppel Smit Towage Singapore
Singapore >> 9/17/2018 - Keppel Offshore & Marine (Keppel O&M) has, through its specialised shipbuilding arm, Keppel Singmarine, delivered its second dual-fuel tug capable of running on LNG. Built for Maju Maritime (which is ...
Keppel Partners GTT on LNG Solutions
Singapore >> 9/17/2018 - Keppel Offshore & Marine (Keppel O&M) has signed a Technical Assistance and License Agreement (TALA) with Gaztransport & Technigaz (GTT) that will enable the companies to jointly market liquefied natu...
New Debt Facility Signed
Vietnam >> 9/17/2018 - SOCO has signed a new US$125 million Reserve Based Lending Facility (“RBL”) secured against the Group’s producing assets in Vietnam. In addition to the committed US$125 million, a further US$125 milli...
Vedanta Announces KG-OSN-2009/3 Discovery, Krishna-Godavari Basin, India
India >> 9/14/2018 - Vedanta Limited has notified the Management Committee, Ministry of Petroleum and Natural Gas and Directorate General of Hydrocarbons (DGH) of a hydrocarbon Discovery in well A3-2 within its operated b...
Marubeni & Mitsui Sign Cooperation Agreement with Japanese Project Promotion Vehicle
Japan >> 9/14/2018 - On September 5th, Marubeni Corporation (President & CEO: Fumiya Kokubu; Headquarters: Chuo-ku, Tokyo; hereinafter “Marubeni”) and Mitsui O.S.K. Lines, Ltd. (President & CEO: Junichiro Ikeda; Headquart...
Mitsubishi Corporation to Establish Joint Venture for Urban Development Projects in Asia
Singapore >> 9/14/2018 - Mitsubishi Corporation (MC) is pleased to announce that it has reached an agreement with Surbana Jurong (SJ) to establish a new joint venture. SJ is a wholly owned subsidiary of Temasek Holdings (“Tem...
Condor Provides Operations Update
Kazakhstan >> 9/13/2018 - Condor Petroleum Inc., a Canadian based oil and gas company focused on exploration, development and production activities in Turkey and Kazakhstan, is pleased to provide an operations update. All fina...
Sakhalin & Sovcomflot signed a Cooperation Development Agreement
Russia >> 9/13/2018 - Sovcomflot and Sakhalin Energy, Sakhalin-2 project operator, have signed an agreement for further development of their cooperation. ...
OMV Signs Heads of Agreement with Sapura Energy
Malaysia >> 9/12/2018 - OMV has entered into a Heads of Agreement with Sapura Energy to form a strategic partnership. The parties have agreed to continue negotiations on an exclusive basis. OMV intends to acquire a 50% inter...
Gazprom Neft & CNPC Join Forces to Develop Enhanced Oil Recovery Technologies
Russia >> 9/12/2018 - Gazprom Neft and China National Petroleum Corporation (CNPC) have entered into a technical partnership at the Eastern Economic Forum. The document was signed by Alexander Dyukov, Chairman of Gazprom N...
Cooperation Between Gazprom & CNPC Gradually Evolving
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today at the 4th Eastern Economic Forum in...
Gazprom & Mitsui Sign MoU on Baltic LNG Project
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Masami Iijima, Chairman of the Board of Directors of Mitsui & Co., Ltd., took place today at the 4th Eastern ...
Gazprom & JBIC Discuss Cooperation Prospects
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tadashi Maeda, Governor of Japan Bank for International Cooperation (JBIC), took place today at the 4th Easte...
Gazprom & Mitsubishi Address Sakhalin II Project
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Hidenori Takaoka, Chief Executive Officer of the Energy Business Group of Mitsubishi Corporation, took place ...
Gazprom & Itochu Address Cooperation Issues
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Yoshihisa Suzuki, President and Chief Operating Officer of Itochu Corporation, took place today at the 4th Ea...
Gazprom & KOGAS Discuss Prospects for Wider Cooperation
Russia >> 9/12/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Seung-Il Cheong, President and Chief Executive Officer of KOGAS, took place today at the 4th Eastern Economic...
NOVATEK Creates a Joint Venture with Rosatom
Russia >> 9/12/2018 - Today, during the Eastern Economic Forum in Vladivostok, Chairman of the Management Board of PAO NOVATEK (“NOVATEK”) Leonid Mikhelson and Director General of State Corporation ROSATOM Alexey Likhachev...
Rosneft & Roskosmos Agree on Supplying Rocket Fuel
Russia >> 9/12/2018 - Rosneft and Roskosmos in the framework of the IV Eastern Economic Forum signed the agreement on supplying napthtyl rocket fuel for the needs of Roskosmos. ...
Rosneft & CNPC Agree on Wider Cooperation in Exploration and Production
Russia >> 9/12/2018 - Rosneft and the Chinese National Oil and Gas Corporation (CNPC) signed the Agreement on Cooperation in Exploration and Production in the Russian Federation in the framework of the IV Eastern Economic ...
RN-Bunker & Russian Fishery Company Signed a Long Term Contract for Marine Fuel Supply
Russia >> 9/12/2018 - RN-Bunker (a Rosneft subsidiary) and Russian Fishery Company in the framework of the IV Eastern Economic Forum signed a marine fuel supply contract for five years on formula pricing terms. ...
Rosneft & Beijing Gas Plan Joint Development of Gas-Filling Station Chain in Russia
Russia >> 9/12/2018 - Rosneft and Beijing Gas Group Company Limited (hereinafter referred to as Beijing Gas) in the framework of the IV Eastern economic forum signed an Agreement embodying the basic terms of the joint vent...
Rosneft & Equinor Join Efforts in the Area of Process and Sire Safety
Russia >> 9/12/2018 - Rosneft and Equinor, at the IV Eastern Economic Forum, signed the Agreement for cooperation in the area of process and fire safety, occupational safety and health and environmental protection, as well...
SABIC Signed MoU with Fujian Provincial Government of the Republic of China
China >> 9/11/2018 - Saudi Basic Industries Corporation (SABIC) announces the signing of a Memorandum of Understanding (MoU) with the Fujian Provincial Government of the Republic of China on 11th September 2018. The Memor...
Sonoro Energy Enters into Strategic Alliance to Include Budong-Budong PSC
Indonesia >> 9/11/2018 - Sonoro Energy has entered into a Strategic Alliance Memorandum of Understanding with one of Indonesia’s largest companies to develop oil and gas activities in Indonesia as joint partners. ...
Reserves at Gazprom Neft’s Neptune Field Reach 415 Million Tonnes
Russia >> 9/11/2018 - The Federal Agency for Mineral Resources has confirmed hydrocarbon reserves at Gazprom Neft’s Neptune field, located offshore from Sakhalin Island in the Sea of Okhotsk, at 415.8 million tonnes of oil...
Gazprom Neft & Mitsubishi to Assess Opportunities for Cooperating in Developing Sakhalin Fields
Russia >> 9/11/2018 - The companies have agreed to investigate potentially combining their competencies and know-how in implementing high-tech upstream projects in the Sea of Okhotsk. ...
NOVATEK Signs Agreement for the Construction of a Marine LNG Transshipment Complex
Russia >> 9/11/2018 - At the Eastern Economic Forum, NOVATEK, the Ministry of the Russian Federation for the Development of the Far East and the Government of the Kamchatka Territory signed an agreement of intent on implem...
Gazprom Neft Develops Its Partnership with the Primorsky Krai
Russia >> 9/11/2018 - Gazprom Neft and the Administration of the Primorsky Krai have concluded an Agreement at this year’s Eastern Economic Forum, providing for cooperation in the import substitution of lubricants and serv...
Maxim Nedzvetsky Put in Charge of Gazprom VNIIGAZ
Russia >> 9/11/2018 - Maxim Nedzvetsky has been appointed Director General of Gazprom VNIIGAZ. Maxim Nedzvetsky was born in 1982 in Novy Urengoy. He graduated with honors from the Peoples' Friendship University of Russia, ...
KBR’s Nitric Acid Technology Chosen for Kemerovo Azot Plant in Russia
Russia >> 9/11/2018 - KBR, Inc. (KBR) has been awarded a license, engineering and proprietary equipment contract for KBR Weatherly's Nitric Acid technology by Kemerovo Azot JSC. ...
Shipbuilding Complex Zvezda & Samsung to Establish JV for Building of Shuttle Tankers
Russia >> 9/11/2018 - LLC Shipbuilding Complex Zvezda and Samsung Heavy Industries Co. Ltd. (the Republic of Korea) signed an agreement in the framework of the IV Eastern Economic Forum setting the conditions for establish...
Rosneft, VEB Leasing & Sovkomflot Signed Agreements for Construction of 2 Aframax Tankers
Russia >> 9/11/2018 - Rosneft Oil Company, Zvezda Shipbuilding Complex, Arctic Leasing LLC (a VEB Group Company) and SKF ECO LLC (a Sovkomflot Group Company) in the framework of the Eastern Economic Forum signed a number ...
Qatargas Announces a 22-Year LNG Sale & Purchase Agreement with Petrochina
Qatargas Announces a 22-Year LNG Sale & Purchase Agreement with Petrochina China >> 9/10/2018 - Qatargas has announced a long-term Sale and Purchase Agreement (SPA) with PetroChina International Company Limited, a unit of PetroChina Company Limited (PetroChina), to supply China with around 3.4 m...
NOVATEK & JOGMEC Sign MOU on LNG Cooperation
Russia >> 9/10/2018 - Today, taking the opportunity of the meeting between the President of Russian Federation Vladimir Putin and the Prime Minister of Japan Shinzo Abe, Chairman of the Management Board of PAO NOVATEK (“NO...
Lukoil Expands Production Capacities at Yarega Field
Russia >> 9/10/2018 - LUKOIL has commissioned a steam generation farm at Yarega field of highly viscous oil in the Republic of Komi. The facility is to build up production as part of Yarega area Phase 2 development. ...
South Pars Phase14 Meets 82% Progress
Iran >> 9/9/2018 - Over the past 2 years, the developmental activities in both offshore and onshore facilities moved in right direction so that there has been remarkable progress (82 percent) in constructing the refiner...

Global Oil & Gas News

Results of the Public Tender Offer of Total on Direct Energie
France >> 9/20/2018 - Following completion on July 6, 2018 of the acquisition of a 73.04% stake in the share capital of Direct Energie at €42 per share, Total welcomes the results of the public tender offer published by th...
Total Acquires G2mobility and Forms Partnership with Nexans
France >> 9/20/2018 - Total has finalized the acquisition of G2mobility, a French leading provider of electric vehicle charging solutions. With this deal, Total is accelerating the growth of its electric vehicle charging b...
Providence Resources Signs Binding Barryroe Farm out Agreement
Ireland >> 9/20/2018 - Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company (“Providence” or the “Company”), provides a commercial update on Standard Exploration Licence (“SEL”) 1/11 that contains the ...
Range Provides Update on the Beach Marcelle Waterflood Program
Trinidad and Tobago >> 9/20/2018 - Range, an international oil and gas company with oil and gas projects and oilfield service businesses in Trinidad and Indonesia, is pleased to provide an update with respect of its producing waterfloo...
Semco Maritime Extends Maersk Innovator Cantilever ahead of Buzzard Field Drilling Campaign
United Kingdom >> 9/20/2018 - Maersk Drilling’s ultra-harsh environment jack-up Maersk Innovator has completed a successful yard stay at Invergordon, during which main contractor Semco Maritime has extended the cantilever alongsid...
Casino Henry Secures New Gas Sales Contract for 2019
Australia >> 9/19/2018 - Cooper Energy (COE) announces that the Casino Henry Joint Venture (“the joint venture” which comprises Cooper Energy (50%) and Operator, Mitsui E&P Australia Limited (25%) and Peedamullah Petroleum Pt...
West Hercules to Drill More Exploration Wells
Norway >> 9/19/2018 - Seadrill Norway Operations Limited has been awarded a contract for drilling two exploration wells for Equinor in the Barents Sea by use of the West Hercules rig. Drilling is scheduled to start in the ...
Hague and London Oil Announces Acquisition of Third Energy Offshore
United Kingdom >> 9/19/2018 - Hague and London Oil plc, the oil and gas company with a diverse portfolio of production, development, appraisal and exploration assets currently focused in the Dutch sector of the Southern North Sea,...
Prosafe Awarded $12M Contract in the North Sea
United Kingdom >> 9/19/2018 - Prosafe has signed a contract with a major oil and gas operator for the Safe Caledonia to provide accommodation support in the UK sector of the North Sea. The firm duration of the contract commencing ...
Aker Solutions Wins Major Services Contract in Brazil
Aker Solutions Wins Major Services Contract in Brazil Brazil >> 9/18/2018 - Petrobras has awarded Aker Solutions a contract to provide maintenance and modifications services for nine platforms at oil and gas fields in the Campos Basin offshore Brazil. ...
Seadrill Partners Announces Contract Award for the West Aquarius
Canada >> 9/18/2018 - Seadrill Partners LLC ("SDLP" ) has secured a one well contract with multiple options with ExxonMobil Canada, Ltd., for the West Aquarius in Canada. Backlog for the firm portion of the contract is ...
New Offshore Decommissioning Project for Heerema Marine
United Kingdom >> 9/18/2018 - Heerema Marine Contractors (HMC) in a consortium with AF Gruppen (AFG) have received notice that Fairfield Betula Limited intends to enter into a contract for the removal and disposal of the Dunlin Al...
Serinus Energy Announces Moftinu-1003 Well Test Results
Romania >> 9/17/2018 - Serinus Energy plc has announced the flow-test results of the Moftinu – 1003 well. As previously announced, the Moftinu – 1003 well was drilled to 1,600 metres. ...
CGG Conducts Innovative Rich-azimuth Multi-client Survey NW of Shetland
United Kingdom >> 9/17/2018 - CGG has commenced acquisition of a high-density, rich-azimuth, towed-streamer multi-client survey in the UK West Shetland Basin. The 3,600 sq km survey has received strong industry support and been de...
Kosmos Completes Acquisition of Deep Gulf Energy
United States >> 9/17/2018 - Kosmos Energy has completed the previously announced acquisition of Deep Gulf Energy ("DGE")1, a leading deepwater company operating in the Gulf of Mexico. By acquiring DGE, Kosmos adds to its deepwat...
KBR & ConocoPhillips to Develop New Low Cost Mid-Scale LNG Solutions
United States >> 9/17/2018 - KBR, Inc. (KBR) is pursuing a new phase of joint development with ConocoPhillips LNG Licensing LLC to provide low-cost and expedited mid-scale LNG solutions for the marketplace. The companies will lev...
Ship-to-Ship Transfer of Kraken Oil at Sullom Voe
United Kingdom >> 9/14/2018 - A ship-to-ship transfer of crude oil has been carried out at the Port of Sullom Voe, Shetland, for the first time in almost three years. ...
Magseis Receives LOI for Ocean Bottom Seismic Survey in the Americas
United States >> 9/14/2018 - Magseis ASA has received a Letter of Intent ("LOI") for a full operation with its proprietary MASS nodes for an Ocean Bottom Seismic survey in the Americas. ...
Decmil Secures 3Y Framework Agreement with QGC in the Surat Basin
Australia >> 9/13/2018 - Decmil Group Limited is pleased to announce that its Queensland Business Unit has secured a new three-year Framework Agreement with QGC Pty Limited (“QGC”) for works within the Surat Basin. The Framew...
Total Exercises Option to Acquire a 25% Interest in Orinduik Block
Guyana >> 9/13/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Total E&P Activités Petrolieres, a w...
Petrofac Wins US$20 million Worth of Well Engineering Contracts
United Kingdom >> 9/13/2018 - Petrofac has strengthened its global Well Engineering contracts portfolio following a series of award wins worth a combined value of around US$20 million. ...
Vanguard Natural Resources Announces Additional Asset Divestiture Updates
United States >> 9/13/2018 - Vanguard Natural Resources, Inc. has executed a purchase and sale agreement for the sale of its ownership in natural gas properties in the Arkoma basin of Arkansas, which comprise all if its interests...
President Energy Provides Update in Argentina
Argentina >> 9/12/2018 - President Energy (PPC), the upstream oil and gas company with a diverse portfolio of production and exploration assets focused primarily in Argentina, provides an update following media reports in Arg...
Santos Signs New Long Term Domestic Gas Supply Deal with Brickworks
Australia >> 9/12/2018 - Santos is pleased to announce that it has signed a new long term natural gas supply agreement with Brickworks Limited for its east coast operations through to the end of 2024. ...
BHGE Delivers Software to SOCAR for Turkey Plants
Turkey >> 9/12/2018 - Baker Hughes, a GE company (BHGE) is starting the rollout of its Asset Performance Management (APM) software to deliver efficiency and productivity for STAR Refinery A.?. (STAR) and Petkim Petrokimya ...
EnQuest Aborted Sales Talks for Kraken Stake due to Debt Deadline
United Kingdom >> 9/12/2018 - EnQuest switched from plans to sell a stake in its flagship North Sea oilfield to borrowing money against it after two sets of sale talks had to be abandoned as a deadline for a debt repayment approac...
Matador Announces Acreage Acquisitions in BLM New Mexico Oil and Gas Lease Sale
United States >> 9/12/2018 - Matador Resources Company announced the successful acquisition of 8,400 gross (8,400 net) acres for approximately $387 million, or a weighted average cost of approximately $46,000 per net acre, in Lea...
Senex & GLNG Agree Amendments to Western Surat Gas Project Gas Sales Arrangements
Australia >> 9/11/2018 - Senex Energy Limited and GLNG have agreed separate gas sales arrangements to progress an initial development area of the Western Surat Gas Project (Roma North), paving the way for a Final Investment D...
Eco Atlantic Issues AIM CPR and TSX Compliant NI-51-101 Report on Guyana Block
Guyana >> 9/11/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in Namibia and Guyana, is delighted to announce that Gustavson Associates LLC ("Gustavson...
IEnova & BP Sign Contract for Liquid Fuels Terminal in Mexico
Mexico >> 9/11/2018 - Sempra Energy (SRE) announced that its Mexican subsidiary, Infraestructura Energetica Nova, S.A.B. de C.V. (IEnova), has signed a long-term contract with British Petroleum (BP) for the remaining 50 pe...
Odfjell Drilling Secures Additional Work for Deepsea Bergen
United Kingdom >> 9/11/2018 - Odfjell Drilling has today 11. September 2018 signed a contract with Ithaca Energy (UK) Limited for one firm production well, plus optional wells with commencement in either 2019 or 2020 to be mutuall...
Santos Signs New Gas Supply Deal with Visy
Australia >> 9/10/2018 - Santos is pleased to announce it has entered into a new gas supply agreement with Visy to supply wholesale gas for its New South Wales operations. ...
Parex Announces Capachos Andina Discovery
Colombia >> 9/10/2018 - Parex Resources Inc. (Parex or PXT), a company headquartered in Calgary, Alberta and focused on Colombian oil exploration and production, provides an operational update, highlighted by the Capachos Bl...
Norway’s Largest Oil Pipeline Now in Place
Norway >> 9/10/2018 - Late last week the last pipe of what is now Norway’s longest and largest oil pipeline was installed right next to the riser platform at the Johan Sverdrup field. The 36-inch pipeline extends 283 km fr...
Oceaneering & Subsea 7 Win Umbilical Contract in the Gulf of Mexico
United States >> 9/10/2018 - Oceaneering International, Inc. entered into a contract with Subsea 7 to supply an umbilical and flying leads for Shell's deepwater Vito development in the Mississippi Canyon area of the U.S. Gulf of ...
Maersk Drilling & Aker BP Sign a Major Contract
Norway >> 9/6/2018 - Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the ...
Fugro Wins E&P Support Contracts in Trinidad & Gulf Of Mexico
Trinidad and Tobago >> 9/6/2018 - Fugro has won three contracts with BHP Petroleum (Deepwater) Inc., which see the company delivering a range of specialist services to support exploration and production operations in Trinidad and Toba...
Completion of Acquisition of Certain SE Asian Producing Assets
United Kingdom >> 9/6/2018 - Ophir is pleased to announce the completion of the acquisition of the Producing Assets from Santos Limited (“Santos”). ...
Point Resources Extends Contract with Aker Solutions
United Kingdom >> 9/6/2018 - Point Resources has executed the remaining part of the option for the maintenance and modifications contract with Aker Solutions. ...
Record Fast Track Development
Norway >> 9/5/2018 - On 2 September the Visund Nord IOR (improved oil recovery) project came on stream, two months ahead of schedule. The project has further been delivered with no serious HSE incidents and well below bud...

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