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Middle East Oil & Gas News

Israel Received Bids from Greek & Indian Firms to Explore Offshore
Israel >> 11/15/2017 - Israel said it received bids to explore for oil and gas in its economic waters from Greece’s Energean and a consortium of Indian firms including ONGC Videsh, Bharat PetroResources, Indian Oil Corp and...
MAN Diesel & Turbo Wins Major Order from the Kuwaiti Oil and Gas Industry
Kuwait >> 11/15/2017 - With a double-digit million euro volume, MAN Diesel & Turbo has won an order for nine compressor trains for the state-owned Kuwait Oil Company (KOC). MAN technology will be deployed in Kuwait's Burgan...
Eni Signs an Exploration and Production Sharing Agreement for Block 52
Oman >> 11/14/2017 - The Government of the Sultanate of Oman, Oman Oil Company Exploration and Production (OOCEP), a subsidiary of state company Oman Oil Company SAOC (OOC), and Eni entered into an Exploration and Product...
Oil Prices Rise on Supply Cuts & Political Tensions in Saudi Arabia
Oil Prices Rise on Supply Cuts & Political Tensions in Saudi Arabia Saudi Arabia >> 11/14/2017 - Last week, the WTI benchmark rose $2 to more than US$57 per barrel — its highest level since mid-2015. While OPEC and other contributing non-OPEC members plan to extend oil production cuts through 201...
ADNOC Awarded EPC Contract to CNPC for Bab Onshore Field
United Arab Emirates >> 11/14/2017 - The Abu Dhabi National Oil Company (ADNOC) has announced a significant investment to upgrade its Bab field, re-energizing one of its largest onshore producing assets to sustain and enhance output. Thi...
Upper Zakum Field Production Capacity to Increase to 1M Barrels Per Day
United Arab Emirates >> 11/14/2017 - Abu Dhabi National Oil Company (ADNOC), ExxonMobil Abu Dhabi Offshore Petroleum Company Limited and Japan’s INPEX Corporation (INPEX), announced, on the side lines of the Abu Dhabi International Petro...
Iraq Aims to Increase Kirkuk Oilfield Output to 1 million bpd
Iraq >> 11/13/2017 - Oil Minister Jabar al-Luaibi said Iraq plans to increase production from oilfields in Kirkuk to one million barrels per day and has visited the Bai Hasan and Avana fields to order work be accelerated ...
Gate Energy Awarded Leviathan Commissioning
Israel >> 11/13/2017 - GATE Energy has been selected as the provider for facility commissioning of the Leviathan Project Platform for Noble Energy Mediterranean Ltd. The associated scope includes topside commissioning plann...
Oman’s Duqm Refinery to Seek $6 bln Bank Funding Soon
Oman >> 11/13/2017 - Oman’s Duqm Refinery and Petrochemical Industries Co will approach banks in about two weeks for the debt financing it needs to back a $6 billion refinery project, banking sources familiar with the mat...
UAE's ADNOC to Sell at Least 10% of Fuel Distribution Business in IPO
United Arab Emirates >> 11/13/2017 - Abu Dhabi National Oil Company (ADNOC) aims to sell at least 10 percent of its fuel distribution unit in an initial public offering in Abu Dhabi, as Gulf states step up plans to privatize energy asset...
Bahrain Oil Pipeline Blaze Brought Under Control
Bahrain >> 11/11/2017 - Bahraini authorities had brought under control a fire at an oil pipeline caused by an explosion, the civil defence said in a statement. ...
Lebanese Offshore Oil and Gas Licensing Round Continues Despite Political Crisis
Lebanon >> 11/10/2017 - Lebanon’s Energy Minister called on companies bidding in its first round of licensing to explore for oil and gas in its Mediterranean waters to begin technical discussions, suggesting the process woul...
DNO Provides Update on Tawke PSC
Iraq >> 11/9/2017 - DNO ASA, the Norwegian oil and gas operator, announced flow rates of more than 3,000 barrels of oil per day (bopd) from the first zone tested in the Peshkabir-3 well in the Kurdistan region of Iraq. N...
Tethys Oil to be Awarded New Exploration License Onshore Oman
Oman >> 11/9/2017 - Tethys Oil will be awarded a new exploration license by the Ministry of Oil and Gas of the Sultanate of Oman. Block 49 is an onshore block that covers a prospective but still rather unexplored area in...
BP Starts Production at Oman’s Giant Khazzan Gas Field
Oman >> 11/9/2017 - The first phase of development of Oman’s giant Khazzan gas field was officially inaugurated on Thursday 9 November 2017 by His Highness Sayyid Haitham bin Tarik Al’Said, Minister of Heritage & Culture...
Saudi Aramco Signs US$4.5B Agreements for Oil and Gas Megaprojects
Saudi Aramco Signs US$4.5B Agreements for Oil and Gas Megaprojects Saudi Arabia >> 11/9/2017 - Saudi Aramco signed agreements with several oil and gas service contractors for oil and gas megaprojects designed to enhance the company’s energy sustainability, diversify the economy, expand gas prod...
McDermott Awarded Major EPCI Contract in Middle East
United Arab Emirates >> 11/9/2017 - McDermott International, Inc. awarded a major contract from a Middle East customer for engineering, procurement, construction and installation (EPCI) services offshore in the Arabian Gulf. ...
Shell to Hand Over Iraq's Majnoon Oilfield by End June 2018
Iraq >> 11/8/2017 - Oil major Royal Dutch Shell has agreed to exit the Majnoon oilfield and hand over its operation to the state-run Basra Oil Co. by the end of June 2018, two oil officials close to the deal said. ...
Genel Energy Received Payment under Receivable Settlement Agreement
Iraq >> 11/8/2017 - Genel Energy plc has received an override payment of $6.41 million from the Kurdistan Regional Government. The payment represents 4.5% of Tawke gross field revenues for the month of September 2017, as...
First Oil Flows from Hail Field Offshore Abu Dhabi
United Arab Emirates >> 11/8/2017 - Hail oil field was put into production on November 7 in the Abu Dhabi Oil Company (ADOC) concession by Cepsa and Cosmo Oil, through the company Cosmo Abu Dhabi Energy Exploration & Production Co. Ltd,...
GAC Abu Dhabi and RB Logistics Join Forces for Talc Shipments
United Arab Emirates >> 11/8/2017 - European bulk logistics provider RB Logistics (RB) has appointed GAC Abu Dhabi for a second time to provide a complete logistics service package. The two-year contract covers freight services, transpo...
Aramco Close to Awarding Gas Project Contract to Tecnicas Reunidas
Saudi Arabia >> 11/7/2017 - Saudi Aramco is close to awarding a contract to Spanish engineering group Tecnicas Reunidas, industry sources said. “TR received a letter of intent from Aramco,” said one of the sources. ...
Saudi Aramco Contractor Arkad Forms Oil, Gas Venture With ABB
Saudi Arabia >> 11/6/2017 - Swiss engineering conglomerate ABB is putting its turnkey projects arm for the oil and gas industry into a joint venture majority owned by Saudi Arabia’s Arkad Engineering & Construction, as ABB seeks...
Eversendai Awarded Major Offshore Fabrication Project for Saudi Aramco
Saudi Arabia >> 11/6/2017 - Eversendai Corporation Berhad (The Group) announced that its wholly owned subsidiary Eversendai Offshore RMC FZE in the UAE, has been awarded a major offshore fabrication project for Saudi Aramco. Thi...
ADNOC Group company successfully issues a US$3 billion bond
United Arab Emirates >> 11/6/2017 - The Abu Dhabi National Oil Company (ADNOC) announced the successful issuance and closing of a US$3 billion bond, one of the largest non-sovereign bond offerings in the history of the Middle East. The ...
ADNOC Expected to Sign $6 billion Loan with 13 Banks
United Arab Emirates >> 11/5/2017 - Abu Dhabi National Oil Co (ADNOC), the United Arab Emirates oil giant, is expected to sign by the end of this week a $6 billion loan which has received commitments from a group of 13 banks, sources cl...
Saudi Aramco to Push Back Shutdown at Ras Tanura Refinery
Saudi Arabia >> 11/4/2017 - Saudi Aramco is expected to shut down its condensate splitter at its Ras Tanura refinery by the end of November for a month for planned maintenance work, two industry sources said, later than original...
ABB Technology Helps Dubai Develop Smart Solar Strategy
United Arab Emirates >> 11/2/2017 - ABB AbilityTM Electrical Distribution Control System delivers key data to shape next-generation solar power for the city. ...
Weir Oil & Gas Awarded Maintenance Contract with Eni Iraq
Iraq >> 11/1/2017 - Weir Oil & Gas Dubai has been awarded a contract with Eni Iraq BV (Eni) to provide global maintenance services for gas compressor units and associated equipment located in the three Initial Production...
Miraah Solar Plant Delivers First Steam to Amal West Oilfield
Oman >> 11/1/2017 - Petroleum Development Oman (PDO) and GlassPoint Solar, the global leader in solar energy for the oil and gas industry, have completed construction on the first block of the Miraah solar plant safely o...
McDermott Awarded Middle East EPCI Contract
McDermott Awarded Middle East EPCI Contract United Arab Emirates >> 11/1/2017 - McDermott International, Inc. Announced a letter of award for a significant* contract for the engineering, procurement, construction and installation (EPCI) services for an offshore Middle East redeve...
Energean Signs Additional Gas Sales & Purchase Agreements
Israel >> 10/31/2017 - Energean Oil & Gas (Energean) is pleased to announce that Energean Israel has signed three new Gas Sales and Purchase Agreements (GSPAs) with Dorad Energy Ltd. (Dorad), and with Ramat Negev Energy Ltd...
Saudi Seeks $500B Business Zone with Jordan, Egypt
Saudi Arabia >> 10/31/2017 - The International Monetary Fund has endorsed an ambitious Saudi Arabian plan to build a $500-billion business and industrial zone extending into Jordan and Egypt, saying the project could benefit the ...
UAE’s Dana Gas Leaves Maturing Sukuk Unpaid but No Default Declared
United Arab Emirates >> 10/31/2017 - United Arab Emirates energy producer Dana Gas will not redeem some $700 million of its Islamic bonds when they mature as a dispute on the validity of the sukuk drags on in British and UAE courts, sour...
Jordan Refinery Company Selects KBR VCC Technology
Jordan Refinery Company Selects KBR VCC Technology Jordan >> 10/30/2017 - KBR, Inc. (KBR) announced it has entered into an Engineering Agreement for the Residue Hydroprocessing unit at the Jordan Petroleum Refinery (JPRC) Expansion Project. This award follows an earlier dec...
PDO Backs New Oman Pump Project
Oman >> 10/30/2017 - Petroleum Development Oman (PDO) has been supplied with the first “Made in Oman” electric submersible pump (ESP) system for its oil operations from a factory in Sohar. ...
Oman Plans to Award Four Oil Blocks in the Second Quarter of 2018
Oman >> 10/30/2017 - Oman’s government is expected to award four oil and gas blocks to international oil companies on a production sharing basis in the second quarter of 2018, according to a senior official at the Ministr...
UAE to Keep Cutting Oil Output to Comply with Global Deal
United Arab Emirates >> 10/30/2017 - The United Arab Emirates will continue to reduce its oil output to meet its commitment to a global oil production cut agreement, its Energy Minister Suhail al-Mazroui said. ...
Sparrows Group Strengthens Middle East Operations with Dubai Petroleum Contract Awards
United Arab Emirates >> 10/30/2017 - Sparrows Group has strengthened its operations in the Middle East, securing two crane contracts with Dubai Petroleum, one for maintenance services and the other for the delivery of rental cranes. The ...
Saudi Arabia Ready to Extend Oil Output Cut Deal
Saudi Arabia >> 10/28/2017 - Crown Prince Mohammed bin Salman reiterated Saudi Arabia’s readiness to support the extension of a global oil production cut agreement. ...

Africa Oil & Gas News

ADES & Vantage Drilling form JV for Deepwater Drilling Services in Egypt
ADES & Vantage Drilling form JV for Deepwater Drilling Services in Egypt Egypt >> 11/15/2017 - 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, is...
Eni's Giant Gas Field Prompts Egypt to End Imports in 2018
Eni's Giant Gas Field Prompts Egypt to End Imports in 2018 Egypt >> 11/15/2017 - Egypt will stop importing liquefied natural gas in 2018 and may eventually export gas after it starts producing this year at the giant Eni SpA-operated Zohr field off the country’s Mediterranean coast...
OSRL & Bayfield Oil Services Announce Joint Venture Agreement
Ghana >> 11/15/2017 - Oil Spill Response Limited (ORSL), the largest international industry-funded cooperative, and Ghana’s Bayfield Oil Services, today announced the establishment of a joint venture. The new strategic all...
Eland Provides Opuama Operations Update
Nigeria >> 11/15/2017 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce the following update on the Opuama-7 and Opuama-...
C-Kore’s Subsea Technology Expands to West Africa Assisted by VAYCO Oil Tools & Cranium Engineering
Nigeria >> 11/15/2017 - C-Kore Systems, a UK based company, has signed a Memorandum of Understanding with VAYCO Oil Tools to promote their C-Kore Subsea Testing Tools in Nigeria and other West Africa countries. ...
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt
Initial Negotiations with Saudi's Aramco to Refine Oil in Egypt Egypt >> 11/14/2017 - Egyptian Oil Minister Tarek El Molla said initial negotiations have taken place with Saudi Arabian state oil company Aramco to refine oil in Egypt. ...
Rosneft Will Invest Over $2B at Zohr Field
Rosneft Will Invest Over $2B at Zohr Field Egypt >> 11/14/2017 - Russia’s largest oil producer Rosneft will invest more than $2 billion in Egypt’s Zohr gas field in the next four years, the company said in a presentation. ...
Fugro's Kobi Ruegg Vessel Begins First Project at Zohr Field
Fugro's Kobi Ruegg Vessel Begins First Project at Zohr Field Egypt >> 11/13/2017 - The newly named MV Kobi Ruegg has joined Fugro’s vessel fleet and is set to begin her first project in the Egyptian sector of the Mediterranean Sea. ...
SDX Finds Gas Discovery at KSR-15 Well, Morocco
Morocco >> 11/13/2017 - SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that a gas discovery has been made at its KSR-15 development well on the Sebou permit in Morocco (SDX 75% Working ...
Africa Oil and Eco (Atlantic) Oil and Gas Announce Strategic Partnership
Namibia >> 11/13/2017 - Africa Oil Corp. has entered into a strategic partnership with Eco (Atlantic) Oil and Gas Ltd. for exploration in West Africa and Guyana. Under the terms of an investment agreement, AOC has agreed to ...
Signing of Upstream Agreement in the Gulf of Suez
Signing of Upstream Agreement in the Gulf of Suez Egypt >> 11/11/2017 - Eng. Tarek El Molla, Minister of Petroleum and Mineral Resources signed a new upstream agreement in East Esh El Malaha area” Offshore Magawish” between EGPC and Trident Petroleum with total investment...
Kenya Offers Bigger Share of Oil Revenue to Local Communities
Kenya >> 11/10/2017 - Kenya’s government has proposed in a draft bill to give 30 percent of prospective oil revenue to the community where the resource was discovered, climbing down from its earlier proposal to cap the amo...
COPL Filing of 3Q Ended September 30, 2017
Liberia >> 11/10/2017 - Canadian Overseas Petroleum Limited, an international oil and gas exploration and development company focused on offshore West Africa, announced the filing of the third quarter ended September 30, 201...
Gulfsands Petroleum Initiates Exit from Morocco
Morocco >> 11/10/2017 - Gulfsands Petroleum plc, the oil and gas company with current activities in Syria and Colombia, announces its decision to no longer pursue the Moulay Bouchta Petroleum Agreement in Morocco and consequ...
Sonatrach & Baker Hughes Will Build $45M Algeria Plant
Algeria >> 11/9/2017 - State energy company Sonatrach and Baker Hughes, part of GE (BHGE), will set up a joint venture and build an oil equipment plant in Algeria at a cost of $45 million under a deal signed, Sonatrach said...
Genel Provides Update on Sidi Moussa licence
Morocco >> 11/9/2017 - Genel Energy plc has come to an agreement with the Moroccan government over the nature, scope and timing of the activity related to the remaining exploration commitment on the Sidi Moussa offshore lic...
La-108 Well Reaches Target Depth
Cameroon >> 11/8/2017 - Victoria Oil & Gas Plc is pleased to provide an update on the Group's drilling operations, which are managed by Gaz du Cameroon S.A. ("GDC"), a wholly owned subsidiary of VOG. ...
Tlou Provides Core-hole Drilling and Seismic Survey Update
Botswana >> 11/7/2017 - Tlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM"), is pleased to provide an update on ...
Brazil's Petrobras Announces African Oil Venture Stake Sale
Nigeria >> 11/7/2017 - Petrobras has initiated the opportunity disclosure stage (“Teaser”) related to the sale of 100% equity interest in Petrobras Oil & Gas B.V. (“POGBV”), a joint venture formed by Petrobras (50%), BTG Pa...
Eland Provides Opuama-7 and Opuama-8 Update
Nigeria >> 11/7/2017 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is delighted to announce that its joint-venture subsidiary Elcrest Explo...
SKF to Showcase Latest Two Wheeler Sealing Solutions at EICMA 2017
Swaziland >> 11/7/2017 - At EICMA 2017, SKF will unveil its latest sealing solution innovations to boost performance for two wheeler (TW) suspension systems and improve overall control and comfort for riders. The company wil...
President of Angola Joao Goncalves Lourenco Meets Eni CEO
Angola >> 11/6/2017 - The President of the Republic of Angola, H.E. Joao Gonçalves Lourenço and the CEO of Eni Claudio Descalzi met today in Luanda. The meeting took place in the presence of the Minister for Mineral Resour...
Aminex Provides Kiliwani North Operations Update
Tanzania >> 11/6/2017 - Production from the Kiliwani North-1 well is currently fluctuating below 1 million standard cubic feet per day due to low reservoir pressure and inlet pressure restrictions of the gas processing plant...
ADX Enegy Renews Kerkouane Permit & Changes Work Program
Tunisia >> 11/6/2017 - ADX Energy Ltd (ADX) is pleased to inform its Shareholders that pursuant to a Hydrocarbon Consultative Committee Meeting note 1 held on the 31st of October 2017, the Director General of Hydrocarbons (...
Bonatti Group Wins Contract for Egypt's Zohr Gas Field
Bonatti Group Wins Contract for Egypt's Zohr Gas Field Egypt >> 11/4/2017 - Bonatti Group has been awarded an electrical and instrumentation contract for the development of Zohr, the supergiant gas field discovered in 2015 in Egyptian offshore. ...
President of Ghana Nana Akufo-Addo Meets Eni CEO Claudio Descalzi
Ghana >> 11/3/2017 - The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo, and Eni CEO Claudio Descalzi met today in Accra to discuss Eni’s activities in the Country, where operational activities are comple...
Sudan in Talks with Norway's Scatec Solar to Build Solar Farm
Sudan >> 11/3/2017 - Sudan is in talks with Norway’s Scatec Solar to build its largest solar power farm, investment minister Mubarak Al-Fadil told Reuters, following the lifting of U.S. trade sanctions in October. ...
Update on Block C-10, Mauritania
Mauritania >> 11/2/2017 - Sterling Energy plc, the AIM listed upstream oil and gas company with interests in Africa, announces that the Operator, Tullow and Sterling through its wholly owned subsidiary Sterling Energy Mauritan...
Eco Atlantic Files for ECC Drilling Permit on PEL 30 "Cooper" Block
Namibia >> 11/2/2017 - Eco (Atlantic) Oil & Gas Ltd. has received partnership approval to release its Public Notice for Environmental Clearance Certificate (ECC) for Drilling an Exploration Well within its Osprey Lead on it...
Shell Completes Sale of Gabon Onshore Interests for $628m
Gabon >> 11/1/2017 - Royal Dutch Shell plc (Shell), through its affiliates, has completed the sale of its entire Gabon onshore oil and gas interests to Assala Energy Holdings Ltd. (Assala Energy) a portfolio company of Th...
Kosmos Provides Update on Drilling Program Offshore Mauritania
Mauritania >> 10/30/2017 - Kosmos Energy has completed drilling the Hippocampe-1 exploration well located in Block C-8 offshore Mauritania in approximately 2,600 meters of water. ...
Sierra Leone Makes Fourth Licensing Round Pre-Announcement
Sierra Leone >> 10/30/2017 - The Director General of the Petroleum Directorate of Sierra Leone (PDSL), Raymond Kargbo, announced at this week’s Africa Oil Week Conference in Cape Town, South Africa, that his country’s Fourth Offs...
IFC-Led Consortium Invests $653M for Solar Park in Egypt
IFC-Led Consortium Invests $653M for Solar Park in Egypt Egypt >> 10/29/2017 - IFC, a member of the World Bank Group, today finalized a landmark $653 million debt package that will finance the construction of 13 solar power plants near the Egyptian city of Aswan. The plants will...
Russian Tender Award Stokes Fresh Asian Price Rally
Russian Tender Award Stokes Fresh Asian Price Rally Egypt >> 10/27/2017 - Asian spot liquefied natural gas (LNG) prices rose this week after a tender award from a Russian export plant set a bullish tone, reversing losses from earlier in the week. ...
SDX Spuds KSR-15 Development Well, Morocco
Morocco >> 10/27/2017 - SDX Energy Inc, the North Africa focused oil and gas company, is pleased to announce the spud of its KSR-15 well on the Sebou area in Morocco. ...
CGG Wins Airborne Multi-Client Survey Contract in Côte d’Ivoire
Ivory Coast (Cote D'Ivoire) >> 10/26/2017 - CGG has been awarded a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and PETROCI, the national oil company, to acquire with its local partner, Harvex Geosolutions, a multi-cli...
Libya's NOC Hopes for Output from New Bahr al-Salam Gas Wells in May 2018
Libya >> 10/26/2017 - Libya’s National Oil Corporation (NOC) said on Thursday that it hoped the first of 11 gas wells being developed in its Bahr al-Salam offshore field would start producing by May 2018. The development i...
Victoria Oil & Gas Raises Gross Proceeds of US$23.5mln
Cameroon >> 10/25/2017 - The proceeds are earmarked for a new growth campaign which will include a new well, an upgrade to gas processing facilities, and expanded pipeline infrastructure in and around the city of Douala in Ca...
Ivory Coast to Auction 22 New Blocks for Exploration
Ivory Coast (Cote D'Ivoire) >> 10/25/2017 - Ivory Coast is offering 22 new blocks for hydrocarbon exploration at a new licensing round which started on Wednesday, its oil minister said. ...
ABB Supports Initiative to Drive out non-Regulation Electrical Products
Swaziland >> 10/25/2017 - ABB is proud to announce its work as one of the founding board members of Poland’s Electric Equipment Manufacturers Section (SPAE) in combating non-regulation electrical equipment and appliances. ...

Asia Oil & Gas News

Premier Oil Seeking Buyers for Stake In Indonesia Gas Field
Indonesia >> 11/16/2017 - Premier Oil is seeking buyers for a 25 percent stake in the Tuna field development in Indonesia after reaching a gas sale deal with Vietnam, Chief Executive Tony Durrant said on Thursday. ...
ET Energy to Build 61 MWp Solar Project for UiTM in Malaysia
Malaysia >> 11/16/2017 - ET Energy, a global leading clean energy developer and operator has announced that the company together with its partner Northwest Electric Power Design Institute Co., Ltd. (NWEPDI) of China Power Eng...
October Production Repor of Exillon WS
Russia >> 11/15/2017 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
Goldwind Announces GW4S Smart Wind Turbine
China >> 11/14/2017 - Xinjiang Goldwind Science & Technology Co., Ltd, (Goldwind), announced the release of its GW4S smart wind turbine. The product maintains Goldwind's Permanent Magnet Direct Drive (PMDD) turbine technol...
CB&I Announces Residue Upgrading Technology Award - First Ever Unit in India
India >> 11/14/2017 - CB&I (CBI) announced it has been selected by Indian Oil Corporation Limited (IOCL) for the license, engineering design and catalyst supply for a residue upgrading unit in Mathura, India. The unit will...
Sonoro Begins Drill Stem Testing LG-1 Updip Well in West Sulawesi
Indonesia >> 11/14/2017 - Sonoro Energy has provided an update on drilling operations at its LG-1 Up-dip well, with drill stem testing having commenced on the Budong Budong Production Sharing Contract in West Sulawesi, Indones...
SP Gas Output Hit 85b Cubic Metres in H1
Iran >> 11/14/2017 - Iran has produced 85.4 billion cubic meters of rich sour gas from its South Pars Gas Field during the first six months of this year, said operation and support deputy at Pars Oil and Gas Company (POGC...
Petra Resources Awarded MCM Contract by Petronas for Offshore Facilities Sabah
Malaysia >> 11/14/2017 - Petra Resources Sdn Bhd (Petra Resources), a wholly-owned subsidiary of integrated brown field services provider Petra Energy Berhad, was recently awarded the Provision of Maintenance, Construction an...
Gazprom Group’s Comprehensive Target Program for Integrated Information Environment Approved
Russia >> 11/14/2017 - The Gazprom Management Committee approved the 2018–2022 Comprehensive Target Program for the Development of the Integrated Information Environment of the Gazprom Group. The Company’s relevant subdivis...
Okvau Gold Project Receives Environmental Approval
Cambodia >> 11/13/2017 - Emerald Resources NL (EMR) (‘Emerald’) is pleased to announce that it has signed an Environmental Contract with the Cambodian Ministry of Environment, providing environmental approval for the 100% own...
Arrival of First Cargo of Liquefied Natural Gas (LNG) from the Wheatstone Project
Japan >> 11/13/2017 - JERA Co., Inc. (“JERA”) announced that the first cargo of LNG from the Wheatstone Project, loaded onto the vessel Asia Venture, has arrived at TEPCO Fuel & Power Futtsu LNG Terminal in Chiba Prefectur...
KCA Deutag Secures Drilling Contracts for 5 Rigs Worth $48m
Pakistan >> 11/13/2017 - Leading international drilling and engineering contractor KCA Deutag announces that its land drilling operation has been awarded new contracts for five rigs with a combined contract value of $48 mill...
Huawei Marine & Tropical Science Commence Construction of the PEACE Submarine Cable
Pakistan >> 11/13/2017 - Huawei Marine has commenced work on Desk Study and Marine Survey works in conjunction with key investor Tropic Science Co., Ltd. (Tropical Science) to construct the Pakistan East Africa Cable Express ...
Jurassic Development Prospects Confirmed at the West-Yurkharovskoye Field
Russia >> 11/13/2017 - PAO NOVATEK (“NOVATEK” and/or the “Company”) today announced that its wholly owned subsidiary OOO NOVATEK-Yurkharovneftegas has successfully completed testing the Jurassic reservoir at well #135R on t...
NIOC, Gazprom Sign LNG Deal
Iran >> 11/11/2017 - Russia’s gas giant, Gazprom signed a initial agreement with the National Iranian Oil Company (NIOC) that visualizes cooperation over the production of liquefied natural gas (LNG). ...
Rosneft & CEFC Deepen Strategic Cooperation
Russia >> 11/10/2017 - Rosneft and Chinese energy company CEFC at the margins of the APEC Summit signed an agreement to perform a joint preliminary study of possible construction of petrochemical facility in Hainan Province...
Gazprom Neft Supports Internatonal Forum for the Development of The Creative Industries
Russia >> 11/10/2017 - Gazprom Neft has partnered the Calvert Forum Siberia international creative industries forum, held in Tyumen on 10 — 11 November, 2017. The Calvert Forum Siberia, organised with the support of the Gaz...
Gazprom Neft Begins Production of New Marine Lubricants under the Gazpromneft Ocean Brand
Russia >> 11/10/2017 - Gazpromneft Lubricants, operator of the Gazprom Neft lubricants business, has begun production of its own brand of marine lubricants — Gazpromneft Ocean — produced at the company’s Omsk and Moscow lub...
Letter of Intent for the Construction of the Johan Castberg Hull
Singapore >> 11/10/2017 - Statoil is signing a letter of intent with Sembcorp Marine Rigs & Floaters Pte. Ltd in Singapore for the construction of the hull and integrated living quarters for the floating production, storage an...
Vietnam Deemed One of Gazprom’s Key Partners in Southeast Asia
Vietnam >> 11/10/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Nguyen Vu Truong Son, CEO and Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam),...
Yokogawa Introduces AR-based SensPlus™ Buddy Communication Support Service
Japan >> 11/9/2017 - Yokogawa Electric Corporation announces that it will be rolling out the SensPlus™ Buddy communication support service on November 10. With this solution, personnel in the field will enjoy access to su...
Gazprom & Unicredit S.p.A. Sign EUR 700 million Loan Agreement
Russia >> 11/9/2017 - In November, Gazprom and the Unicredit S.p.A. bank signed a five-year loan agreement worth EUR 700 million. The loan will be used by Gazprom for corporate purposes.
Lukoil to Participate in Independent Appraisal of Oil and Gas Industry’s Workers
Russia >> 11/9/2017 - The Oil and Gas Professional Expertise Board, authorized LUKOIL's wholly owned subsidiary, LUKOIL-INFORM, to appraise professional expertise of operators of oil, gas and gas condensate production unit...
KrisEnergy Appoints CEO & CFO to Board of Directors
Singapore >> 11/9/2017 - KrisEnergy Ltd. (“KrisEnergy” or “the “Company”), an independent upstream oil and gas company, announces that the Board of Directors has appointed Kelvin Tang, Chief Executive Officer, as Executive Di...
GTT Wins Order to Design of Cryogenic Tanks for 9 LNG-Fuelled Container Ships
China >> 11/8/2017 - GTT has been chosen by the shipyard Hudong-Zhonghua Shipbuilding (Group) Co. Ltd., member of China State Shipbuilding Corporation conglomerate, and by shipowner CMA CGM for the design of cryogenic tan...
WorleyParsons Awarded PMC Contract by Reliance Industries
India >> 11/8/2017 - WorleyParsons has been awarded a contract by Reliance Industries for project management consultancy (PMC) services for development of the R-Series gas field (D34) in the Krishna Godavari basin off the...
Alexander Khloponin Launches the Construction of Biological Treatment Facilities at Omsk Refinery
Russia >> 11/8/2017 - Alexander Khloponin (Deputy Prime Minister of the Russian Federation) and Sergey Donskoy (Minister for Natural Resources and the Environment) have been given insights into environmental initiatives be...
Lukoil & Russian Oil , Gas University Develop Cooperation
Russia >> 11/8/2017 - President of LUKOIL Vagit Alekperov participated in the official opening of new educational facilities at the I.M. Gubkin Russian State Oil and Gas University in Moscow. Apart from reconstruction of t...
Honeywell Technology Scrubs Natural Gas on World’s First Floating LNG Vessel
Malaysia >> 11/7/2017 - Honeywell (HON) announced that PETRONAS’ floating liquefied natural gas (FLNG) facility — the first of its kind in the world — is using Honeywell UOP’s Amine Guard FS™ technology, specially adapted fo...
SOCAR-AQS has Successfully Completed the Works of Construction in Bulla Field
Azerbaijan >> 11/6/2017 - SOCAR-AQS completed the works on construction of well No. 78 from stationary platform 6, with target depth of 5910 m, successfully, without any incidents and without harming the environment. ...
PetroChina, Beijing Firm Doubling LNG Storage in Caofeidian as Demand Rises
China >> 11/6/2017 - PetroChina and Beijing Enterprises Group Co are expanding liquefied natural gas storage capacity at a main import facility in northern China as the country boosts infrastructure to meet surging demand...
Marubeni & Lippo Group to Collaborate on Clinical Laboratory Testing Service in Indonesia
Indonesia >> 11/6/2017 - Marubeni Corporation (“Marubeni”) has concluded an agreement with PT Lippo Karawaci TbK (“Lippo Karawaci”), the core company of the Lippo Group (“Lippo”) for a joint study on the development of a cent...
Iran Plans $3b Investment for Developing 10 Oil Reserves
Iran >> 11/6/2017 - National Iranian South Oil Company (NISOC) is planning a $3 billion investment for developing 10 oil reserves in the country within the next two years. ...
MAPNA Group Signs Contract to Construct F-Class Power Plant
Iran >> 11/6/2017 - MAPNA and Mani International Group have signed a contract to construct an F-class combined cycle power plant in northwest of Iran. The contract was signed on Monday, November 6, 2017, on the sidelines...
Japan Oil Trade - October 2017
Japan Oil Trade - October 2017 Japan >> 11/6/2017 - The declining trend seen earlier in Japan continued, with crude oil imports dropping in August by 145 tb/d, or 4%, to average 3.2 mb/d. Y-o-y, crude imports saw no changes. ...
OMV Starts Production at the Sofiya Gas & Condensate Field in Pakistan
Pakistan >> 11/6/2017 - The Sofiya gas and condensate field is located north of the Mehar gas field in the Mehar block, Pakistan. OMV Maurice Energy along with its Joint Venture Partners Ocean Pakistan Limited, Government Ho...
Tap Oil Reports Manora Oil Field Development Drilling Success
Thailand >> 11/6/2017 - Tap Oil Limited provides the following update on the Manora Oil Field in the Northern Gulf of Thailand (TAP 30% interest), where the Atwood Orca jackup drilling unit has completed the drilling of the ...
Total to Conform to Any US Sanctions on Iran
Iran >> 11/5/2017 - Total has opened an office in Washington to coordinate its operations in Iran where the French oil and gas major plans to develop Phase 11 of the giant South Pars gas field. ...
SOCAR-AQS Completed Next Well Drilling on West Absheron Field
Azerbaijan >> 11/3/2017 - SOCAR-AQS completes the works on construction of well #33 from stationary platform 20, with target depth of 735 m, successfully, without any incidents and without harming the environment. ...
TechnipFMC Awarded a Subsea Contract by Murphy Sabah Oil in Offshore Sabah, Malaysia
Malaysia >> 11/3/2017 - TechnipFMC (FTI) has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project. The project is located in offshore Sabah, Malaysia, at a water depth of approx...

Global Oil & Gas News

Norwegian Cruise Line Orders PrimeServ Upgrades for Multiple Vessels
Norway >> 11/16/2017 - MAN PrimeServ, MAN Diesel & Turbo’s after-sales division, has confirmed an order from Norwegian Cruise Line for SOLAS (Safety of Life at Sea) insulation upgrades for nine ships, totalling 44 engines, ...
Kvaerner Awarded Construction Contract for Yme Support Structure
Norway >> 11/16/2017 - Kvaerner has been awarded a contract with Repsol Norge AS for the construction of a permanent caisson support structure for the Yme New Development project. ...
Simple-Cycle Efficiency Raised to Entirely New Level with the Wartsila 31SG Engine
Finland >> 11/15/2017 - The technology group Wartsila has introduced a gas fuelled version of the successful Wartsila 31 engine, the Wartsila 31SG. This follows very positive acceptance of the diesel version in marine sector...
Testing Digital Technology to Improve Energy Trading Efficiency
Norway >> 11/15/2017 - ‘Blockchain’ may sound cryptic, but the mystique is limited when it comes to what it could offer a company doing thousands of physical energy trades every year. ...
Producers Midstream Chooses Honeywell Cryogenic Technology to Recover Natural Gas Liquids
United States >> 11/15/2017 - Honeywell (HON) announced that Producers Midstream LP will use UOP Russell modular cryogenic equipment to process 200 million standard cubic feet per day of natural gas at its gas processing facility ...
Raghu Krishnamoorthy Named Chief Human Resources Officer Susan Peters to Retire From GE
United States >> 11/15/2017 - GE announced that Raghu Krishnamoorthy, vice president of human resources at GE Healthcare, has been named Chief Human Resources Officer effective December 1, 2017. GE Senior Vice President and Chief ...
Rotork CK Modular Actuators Provide Reliable and Economical Upgrade on Irrigation Gate Valves
United States >> 11/15/2017 - The Rotork CK range of modular electric valve actuators have replaced obsolete actuators to provide a reliable and economical upgrade on irrigation gate valves on the Rio Grande River in New Mexico. ...
Emerson Introduces Non-contacting Radar
United States >> 11/15/2017 -  Emerson has launched a dedicated version of its Rosemount™ 5408 Non-Contacting Radar Level Transmitter to meet the specific demands of bulk solids level measurement. Through advanced technology and H...
BP Partners with AspenTech to Improve Operations Through Technology
United States >> 11/15/2017 - Aspen Technology, Inc. (AZPN), the asset optimization software company, announced that BP, one of the world’s leading integrated oil and gas companies, has renewed its license agreement for aspenONE® ...
Emerson & Fluenta Improve Flare Gas Efficiency, Compliance
United States >> 11/15/2017 -  Emerson and Fluenta are collaborating to provide ultrasonic flare gas measurement solutions for the oil and gas and chemical industries to improve energy efficiency and comply with increasing regulat...
Spectrum Starts 2D Seismic Survey Offshore Argentina
Argentina >> 11/14/2017 - Spectrum is pleased to announce the commencement of its Multi-Client 2D seismic survey covering the Austral and Malvinas basins offshore southern Argentina through the authorization of the Ministry of...
Mitsui & BW in FSRU Joint Venture
Bermuda >> 11/14/2017 - BW Group Limited and Mitsui & Co. are pleased to announce the formation of a Joint Venture (JV) to jointly own the Floating Storage and Regasification Unit (FSRU) BW Integrity. Mitsui & Co. has purcha...
Honeywell UOP Providing Hydrotreating Catalysts For ENAP Refinery in Chile
Chile >> 11/14/2017 - Honeywell (HON) announced that Empresa Nacional del Petroleo (ENAP) has begun using Honeywell UOP’s HYT-6219 Unity hydrotreating catalyst in conjunction with Unity hydrocracking catalysts to produce c...
SBM Offshore Starts Liza FPSO Conversion with Tanker Arrival at Yard
Guyana >> 11/14/2017 - Following SBM Offshore’s completion of the Front End Engineering and Design (FEED) and a final investment decision on the Liza Phase 1 Development project by ExxonMobil in June 2017, SBM is delighted ...
New Emerson Knife Gate Valve Fills Market Gap
New Emerson Knife Gate Valve Fills Market Gap United States >> 11/14/2017 - Emerson has launched a new line of reliable, high-performance knife gate valves designed specifically to meet the needs of customers in challenging mid-service mining applications. ...
Carnarvon Petroleum & Quadrant Energy Sign Rig Contract to Drill Dorado-1 Well in WA-437-P
Australia >> 11/13/2017 - JV partner Carnarvon Petroleum has announced that the Operator, Quadrant Northwest, has signed a contract with ENSCO Australia to drill the highly anticipated Dorado-1 exploration well using the ENSCO...
Cenovus Reaches Agreement to Sell Interest in Weyburn Asset for $940 Million
Canada >> 11/13/2017 - Cenovus Energy has entered into an agreement to sell its majority interest in the Weyburn carbon-dioxide enhanced oil recovery operation in Saskatchewan for cash proceeds of $940 million. The sale is ...
Amerisur Provides Operations Update
Colombia >> 11/13/2017 - Amerisur Resources Plc, the oil and gas producer and explorer focused on South America, is pleased to provide an update on operations in Colombia. ...
New Wartsila-Supplied Power Plants will Accommodate Broad Range of Operating Profiles
Finland >> 11/13/2017 - The technology group Wartsila has received full notice to proceed with the delivery of the engines for two new power plants being built by an investor owned utility in the USA. The order was originall...
Hydrogen Could Contribute to 20% of CO2 Emissions Reduction Targets by 2050
France >> 11/13/2017 - As global leaders gathered at COP 23 in Bonn, 18 key leaders in their industry verticals, united in the Hydrogen Council coalition, came together to launch first ever globally quantified vision of the...
LyondellBasell Teams Up with MD Anderson to Help Give Cancer the Boot
United States >> 11/13/2017 - LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, was the presenting sponsor of The University of Texas MD Anderson Cancer Center's second annual Boot W...
Tellurian Signs $15.2 billion Agreements with Bechtel to Deliver Driftwood LNG at $550 per tonne
Tellurian Signs $15.2 billion Agreements with Bechtel to Deliver Driftwood LNG at $550 per tonne United States >> 11/13/2017 - Tellurian and Bechtel Oil, Gas and Chemicals have entered into four fixed price, lump sum turnkey agreements totaling $15.2 billion for the engineering, procurement and construction (EPC) of Driftwood...
Launch of U.S. Gas Infrastructure Exports Initiative
United States >> 11/13/2017 - On November 17, the U.S. Trade and Development Agency (USTDA), the 27th World Gas Conference 2018 (WGC 2018) and LNG Allies are co-launching the U.S. Gas Infrastructure Exports Initiative at the U.S. ...
AWE's Waitsia-2 Delivers Excellent Gas Flows at 38.7 MMscf/d
Australia >> 11/10/2017 - AWE, the Operator of Production Licences L1/L2 in the onshore Perth Basin, Western Australia, has commenced flow testing Waitsia-2, the second appraisal well in its 2017 three well test program on the...
Ichthys LNG Project Combined Cycle Power Plant Fires-up
Australia >> 11/10/2017 - The INPEX–operated Ichthys LNG Project is a step closer to becoming the world’s first liquefied natural gas (LNG) plant to use combined cycle technology, having successfully initiated the start-up of ...
Decision to Relinquish Block Z-34 Peru
Peru >> 11/10/2017 - Baron Oil PLC announces that at an Operating Committee Meeting in Lima on 9 November 2017 those parties entitled to vote made a unanimous decision to relinquish Block Z-34, offshore Peru, and so notif...
ABB Appoints Jessica Mitchell as Head of Investor Relations
Switzerland >> 11/10/2017 - ABB announced that Jessica Mitchell has been appointed Head of Investor Relations effective November 15, 2017, reporting to the company’s Chief Financial Officer, Timo J. Ihamuotila. She succeeds Alan...
Jochen Schmitz Appointed CFO of Siemens Healthineers
Denmark >> 11/9/2017 - Jochen Schmitz (51) has been appointed CFO of Siemens Healthineers, effective December 1, 2017. Schmitz, who is currently head of Accounting, Reporting and Controlling for the Siemens Group, will succ...
Wessels Signs Letter of Intent for Further LNG Conversions
Denmark >> 11/9/2017 - In connection with the Europort 2017 exhibition for maritime technology in Rotterdam, Wessels Reederei – the well-known German shipping company – signed a letter of intent with MAN Diesel & Turbo rega...
Bonatti Inaugurates New Logistics Hub in Mexico
Mexico >> 11/9/2017 - Bonatti inaugurated a new logistics hub that will serve all the company's business in Mexico. It is located a few miles from Santiago de Queretaro, in Guanajuato state. ...
CCB Kollsnes Selected for CO2 Receiving Terminal
Norway >> 11/9/2017 - Gassnova and Statoil have concluded that a CO2 receiving terminal will be located at the premises of CCB Kollsnes AS in the Naturgassparken industrial area in the municipality of ?ygarden by Bergen in...
Gran Tierra Announces Agreement to Sell Peru Business
Peru >> 11/9/2017 - Gran Tierra Energy Inc., a company focused on oil and gas exploration and production in Colombia, is pleased to announce that it and its indirect wholly-owned subsidiary, Gran Tierra Energy Internatio...
TOTE to Convert MAN 58/64 Engines to LNG
United States >> 11/9/2017 - TOTE Maritime Alaska, a daughter company of TOTE Inc., the leading American marine-transportation group, recently contracted MAN PrimeServ – MAN Diesel & Turbo’s after-sales division – to convert the ...
Total Acquires Engie’s Upstream LNG Business & Becomes the Second Largest Global LNG Player
France >> 11/8/2017 - Total has signed an agreement with Engie to acquire its portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.49 billion. This portfolio includes participating...
AGR Wins Training Contract for Wintershall
Norway >> 11/8/2017 - AGR has won a four-year contract to provide training programmes to newly joined graduates at Wintershall. The partnership, which comes with an option to extend after four years, will see AGR’s trainin...
Noble Energy To Divest Non-Core DJ Basin Acreage For $608 Mln
United States >> 11/8/2017 - Noble Energy, Inc. has signed a definitive agreement with SRC Energy Inc. to divest approximately 30,200 net acres from the Company's non-core DJ Basin position in Weld County, Colorado. Included wit...
Petrobras & BP Have Started Strategic Alliance Negotiations
Brazil >> 11/7/2017 - Petrobras has signed a letter of intent (LOI) with BP to jointly identify and evaluate business opportunities involving assets or ventures in Brazil and abroad. The document provides for cooperation i...
Petrobras Acquired Three Offshore Blocks
Brazil >> 11/7/2017 - In continuation of the Material Fact published on May 25, 2017, we hereby announce that we acquired, in partnership with other companies, three offshore blocks in the 2nd and 3rd Bidding Rounds in the...
Sale Process of Iara & Lapa Fields to Total Was Suspended
Brazil >> 11/7/2017 - Petrobras, in addition to the press release disclosed on October 17, 2017, informs that yesterday it was suspended by the President of the Federal Regional Court for the 5th Region, the injunction tha...
Chrysaor Awards Three-Year Contract for Central North Sea Assets to Sparrows Group
United Kingdom >> 11/7/2017 - Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it will take ownership of from Shell in November. The operator will become the larges...

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