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Middle East Oil & Gas News

Wood Awarded Contract Extension for Upper Zakum Oil Field Project
United Arab Emirates >> 11/13/2018 - Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the UZ750 mega project offshore Abu Dhabi. ...
Wood Secures USD53 million of Contracts Supporting ADNOC Onshore
United Arab Emirates >> 11/12/2018 - Wood has been awarded three new call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC). ...
ADNOC Grants Total 40% Stake in Unconventional Gas Concession
ADNOC Grants Total 40% Stake in Unconventional Gas Concession United Arab Emirates >> 11/11/2018 - On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventiona...
Reach Subsea Awarded Contract for the Newbuild Subsea Vessel
United Arab Emirates >> 11/8/2018 - Reach Subsea and MMT have over the last year been awarded several important frame agreements for Survey, IMR and light construction within both the oil & gas and renewable sector. With this backdrop o...
PetroChina Agrees 2019 Annual Crude Supply Deals with Saudi Aramco, Kuwait
Saudi Arabia >> 11/7/2018 - Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on Wednesday at a public signing ceremony during the China Internati...
SABIC Awards Framework Agreement to WorleyParsons for EPCM Services
SABIC Awards Framework Agreement to WorleyParsons for EPCM Services Saudi Arabia >> 11/7/2018 - WorleyParsons has been awarded a five-year framework agreement by Saudi Basic Industries Corporation (SABIC), for the provision of engineering, procurement and construction management (EPCM) services....
Kuwait's Fifth Refinery to Cost $5-$6Bln
Kuwait >> 11/6/2018 - Kuwait's fifth refinery will cost $5 bln to $6 bln, Hatem Al-Awadhi, Kuwait Integrated Petroleum Industries Company (KIPIC)Hatem Al-Awadhi said in remarks carried by al-Qabas newspaper. ...
Oman Gas Signs Loan Agreement with Domestic, International Banks
Oman >> 11/6/2018 - State-owned Oman Gas Co. has signed a financing agreement with a group of seven local and international banks, the firm stated on Twitter, without giving details on the size of the financing. ...
Occidental Petroleum Takes $196M Charge on ISND Exit
Oman >> 11/5/2018 - Occidental Petroleum Corporation announced net income for the third quarter of 2018 of $1.9 billion, or $2.44 per diluted share, which included an after-tax gain on the sale of domestic midstream asse...
Israel’s 2nd Offshore Bid Round
Israel >> 11/4/2018 - Israel announces the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean. The upcoming bid round is pursuan...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan United Arab Emirates >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
ADES Completes Acquisition of Drilling Operations from Weatherford in Kuwait
Kuwait >> 11/1/2018 - ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has completed the acquisition of twelve onshore rigs from Wea...
Polarcus Awarded 3D Project in West Africa
United Arab Emirates >> 11/1/2018 - Polarcus Limited has received an award for a 3D marine seismic acquisition project in West Africa. The award comprises two surveys of approximately three months each, with the first survey expected to...
Bahrain's Oil Company Targets $1 bln through Dual-tranche Bond
Bahrain >> 10/31/2018 - Bahrain’s state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond, a document by one of the banks leading the transaction showed.
Iraq Shuts Kirkuk Pumping Station due to Crack, Exports Unaffected
Iraq >> 10/31/2018 - Iraq has shut a 12,000 barrels per day (bpd) oil pumping station in its Kirkuk oilfield due to a crack in a key crude pipeline, two officials with the North Oil Company said. ...
Oxy Oman Signs Three Contracts with Local Firms
Oman >> 10/31/2018 - As part of its in-country value (ICV) strategy to support locally manufactured materials and maximise expenditure on goods and services made in Oman, Occidental Oman (Oxy Oman) signed a new contract w...
Total Reaffirms Plans for LNG Bunkering Scheme
Oman >> 10/30/2018 - Global energy giant Total envisions a significant place for Oman in its expanding portfolio of LNG related investments that provide liquefied natural gas as bunker fuel for merchant ships, particularl...
ADNOC Sour Gas Installs Remelter Facility at Shah Sulfur Granulation Station
United Arab Emirates >> 10/30/2018 - ADNOC Sour Gas has successfully installed a Sulfur Remelter facility, at its Shah Sulfur granulation station, to maximize Sulfur recovery otherwise lost during normal transportation operations. ...
PDO Awards Contract for Giant Solar Plant
Oman >> 10/29/2018 - Petroleum Development Oman (PDO) has awarded a contract to build a landmark 100 megawatt solar photovoltaic plant, which is part of an Independent Power Producer (IPP) project, to a joint Japanese-Oma...
QP to Allocate Free QAMCO Shares for Qataris Covered by Security Law
Qatar >> 10/28/2018 - Qatar Petroleum will allocate 750 free shares in Qatar Aluminium Manufacturing Company "QAMCO" (under incorporation) to all registered Qatari beneficiaries covered by the Social Security Law. ...
Iraq to Halt Kirkuk Oil Exports to Iran, May Resume them to Turkey
Iraq >> 10/26/2018 - Iraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United States, five sources familiar with Iraqi oil export o...
ADNOC to Fill up Mangalore Oil Reserves in November 2018
United Arab Emirates >> 10/26/2018 - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said. ...
Fugro Supports Qatargas’ LNG Operations with Inspection Services Contract
Qatar >> 10/25/2018 - Fugro is providing Qatargas Operating Company Limited (Qatargas) with underwater inspection, geotechnical and geophysical services for its offshore operations in Qatar under a new 5-year call off cont...
Aramco Signs 15 MOUs at the FII Forum Worth $34B
Aramco Signs 15 MOUs at the FII Forum Worth $34B Saudi Arabia >> 10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US...
Enppi & Petrojet Accomplish 60% of Natural Gas Network Expansion
Jordan >> 10/22/2018 - Egypt's Enppi and Petrojet companies accomplished 60 percent of a project for expanding the natural gas network in Jordan. ...
Seabed Geosolutions Wins Red Sea Bottom Node Survey Contract
Saudi Arabia >> 10/22/2018 - Seabed Geosolutions (Seabed) and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. The S-79 project will require the acquisition and processing of high quality 3D data over a...
Ma’aden Awarded Daelim a $892M EPC Contract to Build Ammonia Plant
Ma’aden Awarded Daelim a $892M EPC Contract to Build Ammonia Plant Saudi Arabia >> 10/22/2018 - The Saudi Arabian Mining Company (Ma’aden) has awarded Daelim with a 3.35 billion Saudi Riyal (USD 892 million) engineering, procurement and construction contract to build the first plant in the compa...
Petronas Buys 10 Percent Stake in Oman's Al Khazzan Field
Oman >> 10/21/2018 - Malaysia’s Petroliam Nasional Berhad (Petronas) said its subsidiary would buy a 10 percent stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned...

Africa Oil & Gas News

Rockhopper Provides Update on Egypt Operations
Egypt >> 11/12/2018 - Rockhopper Exploration plc, the oil and gas company with key interests in the North Falkland Basin and the Greater Mediterranean region, provides the following operational and corporate update in rela...
Eni Sells 20% Stake in Nour North Sinai Concession to Mubadala
Egypt >> 11/12/2018 - The Chief Executive Officer of Petroleum & Petrochemicals, Mubadala Investment Company, and Chairman of Mubadala Petroleum, Musabbeh Al Kaabi, and the Chief Executive Officer of Eni, Claudio Descalzi,...
Eland Oil & Gas Confirms OML 40 Licence Renewal
Nigeria >> 11/12/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, has announced, through its joint-venture subsidiary, Elcrest Exploration...
Total Inaugurates Kaombo Project and Reiterates its Commitment to the Country with New Investments
Angola >> 11/10/2018 - The Angolan State Minister for Economic and Social Development, Manuel Nunes Junior, the Chairman and CEO of Total, Patrick Pouyanné, and the Chairman of the Board of Directors of Sonangol, Carlos Sat...
Anglo African Oil Provides Operational Update
Congo >> 11/8/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, provides an operational update on well TLP-103C ('TLP-103C' or 'the Well') being drilled on the Tilapia field in the Republic of the ...
Fast-track 3D Seismic Data from CGG's Mozambique Multi Client Survey Now Available
Mozambique >> 11/8/2018 - CGG announced during Africa Oil Week that the fast-track 3D seismic data from its recent Mozambique multi-client survey in the outer Zambezi Delta Basin is now available for license. Interested intern...
New Namibia Petroleum Agreement
Namibia >> 11/7/2018 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, is pleased to announce that Tower Resources (Namibia) Limited, a wholly owned subsidiary of Tower, has signed a new Pe...
Republic of the Congo Launches Oil Exploration Licensing Round
Congo >> 11/6/2018 - The Republic of Congo has launched its latest oil exploration bidding round in Cape Town, offering 18 blocks in deep-water offshore and onshore sites in its efforts to boost production, the ministry o...
OMV Agrees to Divest Parts of Its Upstream Business in Tunisia
Tunisia >> 11/6/2018 - OMV, the international integrated oil and gas company based in Vienna, has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA, an O...
Uganda to Launch Next Oil Exploration Bidding Licence Round Next May
Uganda >> 11/6/2018 - Uganda, which is developing oil deposits but has yet to begin production, will launch its next bidding round for oil exploration licences in May next year, a government official said on Tuesday. ...
Emerson to Modernize Sonatrach Gas Processing Plant in Algeria
Algeria >> 11/5/2018 - Emerson (EMR), in partnership with Fores Engineering, has signed a $32 million contract with Sonatrach, Algeria's state energy company, to modernize its gas processing plant in Alrar. As part of the c...
TE-9 Well Second Casing Point
Morocco >> 11/5/2018 - Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that the first well in the current three exploration well programme, TE-9, has now been drilled to the second casing poin...
Bahr Essalam Phase 2 Project to Complete by End of 2018
Libya >> 11/4/2018 - National Oil Corporation (NOC) chairman, Eng. Mustafa Sanalla, met with the CEO of Italian oil major Eni, Claudio Descalzi, at NOC headquarters on November 3, 2018, to discuss ongoing in-country opera...
Sonatrach to Use Honeywell UOP Technologies
Algeria >> 10/31/2018 - Honeywell (HON) announced that Sonatrach S.p.A. will use a suite of Honeywell UOP technologies to produce 200,000 metric tons per year of methyl tert-butyl ether (MTBE), a high-octane gasoline additiv...
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks
Egypt's Midor Refinery Agrees $1.2B Loan with 3 International Banks Egypt >> 10/31/2018 - Egypt’s state-owned Middle East Oil Refinery Company (Midor) has signed a $1.2 billion loan agreement with three international, the petroleum ministry said in a statement. ...
Update on Seven Energy Transaction
Niger >> 10/31/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is this morning pleased to announce an update on the Seven Energy Transa...
Vitol-led Consortium Buys Petrobras’ Nigerian Assets for $1.4B
Nigeria >> 10/31/2018 - A consortium led by Vitol and comprising Africa Oil Corp (“Africa Oil”) (25%), Delonex Energy Ltd. (“Delonex”) (25%) and Vitol Investment Partnership II Ltd. (“Vitol”) (50%), (collectively, the “Conso...
Panoro Signs Heads of Terms for Offshore Sfax Drilling
Tunisia >> 10/31/2018 - Panoro Energy (PEN) is pleased to announce that its fully owned subsidiary Panoro Tunisia Exploration AS (Panoro Tunisia) has just signed a Heads of Terms with Compagnie Tunisienne de Forage (CTF), th...
Sonatrach Signs an Agreement with BP and Equinor
Sonatrach Signs an Agreement with BP and Equinor Algeria >> 10/29/2018 - The Sonatrach Group signed an agreement Monday in Algiers with the oil companies BP (United Kingdom) and Equinor (Norway), for the exploration and development of unconventional resources in the basins...
Eni & Total Partner with Sonatrach for Offshore Exploration
Eni & Total Partner with Sonatrach for Offshore Exploration Algeria >> 10/29/2018 - The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, the Chief Executive Officer of Eni, Claudio Descalzi, and the Chief Executive Officer of Total, Pa...
Eni Strengthens Its Presence in the Algerian North Berkine Basin
Algeria >> 10/29/2018 - The Chairman and Director General of Algeria’s state oil company Sonatrach, Abdelmoumem Ould Kaddour, and the Chief Executive Officer of Eni, Claudio Descalzi, signed an agreement today that will see ...
UAE's RAK Gas Signs Production Sharing Agreement with Zanzibar
Tanzania >> 10/29/2018 - The United Arab Emirates’ RAK Gas has signed an oil and gas production sharing agreement with Tanzania’s semi-autonomous region of Zanzibar. The government of Ras Al Khaimah, the owner of RAK Gas, sai...
Wafa Field Gas Compressor Project Nears Completion
Libya >> 10/28/2018 - Within the framework of ongoing efforts by the National Oil Corporation (NOC) to secure target quantities of natural gas, and the optimal utilization of reserves available within Wafa field NC-169, Me...
Sonatrach Chooses Mix Telematics Solution for Its Fleet Management
Algeria >> 10/26/2018 - MiX Telematics (MIXT), a leading global provider of fleet and mobile asset management solutions, is proud to announce that its world-class telematics solution is being adopted by Algerian oil & gas in...
Petroleum Minister & Petronas Disscus Activities in Egypt
Petroleum Minister & Petronas Disscus Activities in Egypt Egypt >> 10/26/2018 - Minister of Petroleum and Mineral Resources Tareq el Molla discussed with President and CEO of Malaysia’s Petronas Wan Zulkiflee means of boosting the Malaysian firm’s activities and investments in Eg...
Submission of Early Production Scheme Pre-Feasibility Study
Niger >> 10/26/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce that its Niger subsidiary (“Savannah Niger”) has ...
Panoro Provides Production Update at Dussafu
Gabon >> 10/25/2018 - Panoro Energy is pleased to report initial production rates at the Tortue field located in the Dussafu Marin PSC, offshore Gabon, are fully in line with expectations. ...
Gabon to Offer Offshore Blocks in 12th Round
Gabon >> 10/25/2018 - The Republic of Gabon has announced that it plans to open its highly-anticipated 12th Shallow and Deep Water Licensing Round of open blocks at the 25th Africa Oil Week, Cape Town in November 2018. ...
Development and Exploitation Plan Submitted for SNE Field Offshore Senegal
Senegal >> 10/25/2018 - Cairn is pleased to announce that the Development and Exploitation Plan for the SNE field offshore Senegal has been submitted on schedule to the Government of Senegal by the Joint Venture (JV) with ap...
Egypt to Offer First Petroleum Excavation Bid in Red Sea in 2018
Egypt to Offer First Petroleum Excavation Bid in Red Sea in 2018 Egypt >> 10/24/2018 - Egypt's Minister of Petroleum Tarek El-Molla has announced that Egypt will offer the first bid on oil and gas excavation in the Red Sea before the end of 2018 after processing seismic reflection data....
TransGlobe Energy Corporation Announces an Operations Update
TransGlobe Energy Corporation Announces an Operations Update Egypt >> 10/24/2018 - TransGlobe Energy Corporation (TransGlobe) announces an operations update. All dollar values are expressed in US dollars unless otherwise stated. ...
Samo-1 Well Commences Drilling Offshore The Gambia
Gambia >> 10/23/2018 - FAR Limited advises that drilling has commenced on the Samo-1 exploration well in block A2, offshore The Gambia. The Stena Drillmax arrived on site on Sunday, 21 October and after standard pre-drill o...
Helios & Air Products Sign Contract for the LNG & LNG3 Complexes
Algeria >> 10/22/2018 - A partnership agreement was signed at Aval headquarters in Oran, between the company Helios (Sonatrach subsidiary) and the American group "Air Products" for the realization of the project of its conne...
Blue Water Energy to Enter Partnership with Apex International
Blue Water Energy to Enter Partnership with Apex International Egypt >> 10/22/2018 - Apex International Energy, an independent oil and gas exploration and production company focused on Egypt and other Middle Eastern and North African countries (MENA), today announced that affiliates o...
Mellitah Oil & Gas Co Increases Production at Abu-Attifel
Libya >> 10/22/2018 - The National Oil Corporation (NOC) is proud to report that Mellitah Oil & Gas Co (MOG) has recently made significant gains at its Abu-Attifel oilfield, despite security challenges and logistical const...
Pacific Drilling Awarded Contract for the Pacific Bora
Nigeria >> 10/22/2018 - Pacific Drilling S.A. announced that its deepwater drillship the Pacific Bora has been awarded a contract by Nigerian Agip Exploration Limited (a subsidiary of Eni SpA) for drilling operations in Nige...
Oil Well Starts Production at West Nile Delta Project
Oil Well Starts Production at West Nile Delta Project Egypt >> 10/20/2018 - An oil well in the West Nile Delta Project's 9b phase started production, the Ministry of Petroleum and Mineral Resources said in a statement. ...
Exxon Exploration Chief Eyes Africa for Elephant Oil Find
Ghana >> 10/19/2018 - Exxon Mobil Corp. is targeting western and southern Africa for the world’s next big oil bonanza as the explorer scours the globe to repeat its success in Guyana. ...
Egypt’s Revenues $1b Monthly from Oil Companies
Egypt >> 9/25/2014 - Egypt's state-run Egyptian General Petroleum Corporation (EGPC) declared that Egypt received a share of the foreign partner’s oil and gas revenues of US$1 billion per month and is repaying around $700...

Asia Oil & Gas News

Lukoil Drilled the Second Well in the Eastern Part of Yury Korchagin Field
Russia >> 11/14/2018 - PJSC LUKOIL completed the construction of the second production well from the wellhead platform at the Yury Korchagin field in the Caspian Sea. The single-bore well with horizontal completion was dril...
Cue Energy to Flow Test Paus Biru-1 Exploration Well in Sampang PSC
Indonesia >> 11/13/2018 - JV partner Cue Energy Resources has advised that three Drill Stem Tests (DSTs) will be undertaken within the primary objective Mundu Formation in thePaus Biru-1 exploration well. The results of the ex...
Bass Oil Acquires North Madura PSC to Expand its Indonesian Portfolio
Indonesia >> 11/13/2018 - Australian-based Indonesian oil producer, Bass Oil has entered into a heads of agreement to acquire a 100% participating interest in the North Madura Production Sharing Contract (PSC) which covers an ...
NOVATEK Shipped First LNG Cargo to CNOOC
Russia >> 11/13/2018 - PAO NOVATEK (NOVATEK) announced today that its wholly owned subsidiary, NOVATEK Gas and Power Asia Pte. Ltd., shipped a cargo of LNG produced from the Yamal LNG project to China National Offshore Oil ...
Lukoil & Gazprom Gas-Engine Fuel LIC Sign Cooperation Agreement
Russia >> 11/13/2018 - LUKOIL and Gazprom Engine Fuel LLC have signed an agreement on mutually beneficial cooperation and the development of business partnership on the use of natural gas as motor fuel. As part of the agree...
Subsea 7 Awarded Contract for Yunlin Offshore Wind Farm
Taiwan >> 11/13/2018 - Subsea 7 has announced the award of a substantial contract to Seaway Offshore Cables (SOC), an entity in Subsea 7’s Renewables and Heavy Lifting Business Unit, for the Yunlin Offshore Wind Farm projec...
MAPNA Group Receives FAC for South Pars Plant Substation Development
Iran >> 11/11/2018 - MAPNA Group was granted final acceptance certificate (FAC) for development of two gas-insulated substations in South Pars Concentrated Power Plant on Monday, November 5, 2018. The two substations boas...
OMV & Sapura Energy Enter into a Strategic Partnership
Malaysia >> 11/11/2018 - Sapura Energy and OMV have signed a Share Subscription Agreement and a Shareholders’ Agreement to form a strategic partnership. Under the agreements, OMV Exploration & Production OMV E&P), a wholly-ow...
Empyrean Energy Announces Independent Oil in-Place Estimates for Block 29/11
China >> 11/9/2018 - AIM-listed Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced that Gaffney, Cline & Associates ('GCA'), an independent petrole...
Strategic Partnership Agreement Signed Between Marubeni & LCD COEMA
China >> 11/9/2018 - Marubeni Corporation (Marubeni) concluded a strategic partnership agreement (Agreement) with China Optics and Optoelectronics Manufacturers Association Liquid Crystal Branch (hereinafter, “LCD COEMA”)...
Igor Sechin Holds Working Meeting with the CEO of Saudi Aramco Amin Nasser
Russia >> 11/9/2018 - Chief Executive Officer of Rosneft Igor Sechin held a working meeting with Chief Executive Officer of Saudi Aramco Amin Nasser. During the meeting, the heads of the two major hydrocarbon producers dis...
Bass Oil Achieves Record Oil Production at Tangai-Sukananti
Indonesia >> 11/8/2018 - Bass Oil has announced that it has produced a record monthly oil production of 27,795 barrels of oil JV share, or 15,287 barrels Bass share, from its Indonesian Tangai-Sukananti KSO during the month o...
PetroNeft Resources Announces Drilling update for C-4 Well in Licence 67
Russia >> 11/8/2018 - AIM-listed PetroNeft Resources, an oil and gas exploration and production company operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 has announced that...
NOVATEK Obtains South-Leskinskiy License Area
Russia >> 11/8/2018 - PAO NOVATEK (NOVATEK) announced today that OOO NOVATEK-Yurkharovneftegas, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the South-Leskinskiy ...
Lukoil & Perm Region Continue Cooperation
Russia >> 11/8/2018 - President of LUKOIL Vagit Alekperov and the Governor of Perm Region, Maksim Reshetnikov, signed a protocol on cooperation for 2019, in Perm today. The signing ceremony was attended by Igor Komarov, th...
Natural Gas Prices Overcomes China
Natural Gas Prices Overcomes China China >> 11/7/2018 - Natural gas prices are surging after a dramatic change to U.S. weather forecasts indicates that winter-like temperatures will grip much of the country in the coming days. ...
LyondellBasell Licenses Hostalen ACP Technology to Sinopec & Sinopec (Wuhan)
China >> 11/7/2018 - LyondellBasell (LYB), the world’s largest licensor of polyolefin technologies, announced that China Petrochemical International Co., Ltd (Sinopec International) and Sinopec-SK(Wuhan) Petrochemical Com...
Russia's Rosneft Says Qatari Fund to pay 3.7 billion Euros for Rosneft Stake
Russia >> 11/6/2018 - Russian oil giant Rosneft said that the Qatar Investment Authority sovereign wealth fund would pay around 3.7 billion euros ($4.23 billion) for a 14.16 percent stake in the company. The QIA would beco...
Nord Stream 2 Has Laid over 200 Kilometres of Pipeline
Russia >> 11/6/2018 - The Nord Stream 2 Project is progressing as planned. Over 200 kilometres of pipeline has been laid in the Baltic Sea to date. Some 20 vessels are operating simultaneously to ensure timely completion o...
Paus Biru-1 Exploration Well Primary Objective Logging
Indonesia >> 11/5/2018 - Cue Energy Resources Limited (CUE), through its 100% owned subsidiary Cue Sampang Pty Ltd, advises that the Paus Biru-1 exploration well in the Sampang PSC, Indonesia, reached TD of 710mMD at 2230hrs ...
Yokogawa Adds to OpreX Control & Safety System Family
Japan >> 11/5/2018 - Yokogawa Electric Corporation announces that it has developed a software platform that enables software packages to run on general-purpose computers in a redundant configuration, and has added this to...
Gazprom & OMV Sign Amendment to the Contract to Increase Gas Supplies to Austria
Russia >> 11/5/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in St. Petersburg. ...
Comprehensive Reservoir Study Across the Muradkhanli, Jafarli and Zardab Oilfields
Azerbaijan >> 11/2/2018 - Zenith Energy, the dual listed international oil & gas production company operating the largest onshore oilfield in Azerbaijan, has begun a comprehensive reservoir engineering study to achieve the opt...
First Monitoring Results in Finland Confirm Minor Impacts
Russia >> 11/2/2018 - Nord Stream 2 AG has submitted to the relevant national authorities in Finland the results of its first quarterly environmental monitoring report for the 2nd quarter of 2018. The report presents the f...
New Oil Field Discovery within the Aysky Exploration Block
Russia >> 11/1/2018 - Petrosibir has successfully re-entered an old Soviet well #141 within the the Aysky exploration licence in Bashkiria. The Aysky licence was issued in September 2009 and will expire in December 2020. T...
Nobel Oil & Wood Enter into Joint Venture Agreement in Azerbaijan
Azerbaijan >> 10/31/2018 - Nobel Oil and Wood have entered into a joint venture (JV) agreement to provide engineering and operations support services to the oil and gas market in Azerbaijan. The JV will combine Wood’s engineeri...
First LNG Shipment from INPEX-operated Ichthys LNG Project
Japan >> 10/31/2018 - INPEX CORPORATION (INPEX) announced that the first LNG shipment from the INPEX-operated Ichthys LNG Project (the Project) in Australia arrived at INPEX’s Naoetsu LNG Terminal (the Terminal) located ...
SOCAR AQS Beat New Record
Azerbaijan >> 10/30/2018 - A few days ago SOCAR AQS set a new record in the history of national drilling industry. With application of a new-generation drilling rig, Drillmec HP 3000, the company successfully ran, with single t...
Bidding Notice for the Nine1-Nine5 Block
China >> 10/30/2018 - China National Petroleum Corporation (CNPC) hereby announces the commencement of Bidding for the Nine1-Nine5 Block in Junggar Basin of the People's Republic of China in Cooperation with Foreign Enterp...
South Pars Phase13 Connected to 9th Line of Gas Transmission Network
Iran >> 10/30/2018 - The director of phase13 announced an increase in production coefficient of flexibility due to the connection of sweetening gas output line to the 6th and 9th gas transmission lines. ...
Yarudeyskoye Field Produced 10 Million Tons of Crude Oil
Russia >> 10/30/2018 - PAO NOVATEK (NOVATEK) announced that cumulative production at the Yarudeyskoye field owned by the Company’s subsidiary Yargeo, reached a milestone of 10 million tons of crude oil production since the ...
Bluestar Signs Strategic Framework Co-operation Agreement with AspenTech
China >> 10/29/2018 - Aspen Technology, Inc. (AZPN), the asset optimization software company, today announced that China National Bluestar (Group) Co. Ltd. and AspenTech have signed a strategic framework cooperation agreem...
JX Nippon's Memorandum of Understanding with Pertamina
Indonesia >> 10/29/2018 - JX Nippon Oil & Gas Exploration Corporation (“JX”) is pleased to announce that it has, in collaboration with Japan Oil, Gas and Metals National Corporation (“JOGMEC”), executed a Memorandum of Underst...
Iran Sets up Selling Oil via its Energy Bourse
Iran >> 10/29/2018 - Iran has started direct sales of oil to domestic and international buyers through its energy bourse in what appears to be a landmark strategy to dodge the impacts of returning sanctions. Buyers were a...
NIDC Drills 88 Wells in 7 Months
Iran >> 10/29/2018 - National Iranian Drilling Company (NIDC) has spudded 88 oil and gas wells in the first 7 months of the current calendar year, which began on March 21. ...
SP20-21; Liquid Gas Reservoirs Exploited
Iran >> 10/29/2018 - In order to complete the value chain of the phases 20-21, liquid gas reservoirs started being exploited by gas entry to the butane reservoirs. The exploitation was carried out by the use of processing...
Gazprom Neft Examines the Issue of Improving Effectiveness in APG Utilization
Russia >> 10/29/2018 - The Gazprom Neft Board of Directors has, on 26 October, reviewed the company’s associated petroleum gas (APG) utilization programme, as well as greater effectiveness in APG utilization in 2018 and pla...
South Pars Phase14; the Second Platform Started Up
Iran >> 10/27/2018 - The satellite platform,14C, started to produce sour gas from the south pars tank. Announcing the production capacity of 500 million cubic feet for the platform 14c, Hamid Reza Masoudi, the director of...
MoU with China Huadian GE. on Cooperation for Energy Infrastructure Business in Third Countries
China >> 10/26/2018 - JERA Co., Inc. ("JERA") and TEPCO Fuel & Power, Inc. ("TEPCO FP") signed a Memorandum of Understanding ("MOU") with China Huadian Green Energy Co., Ltd. ("Huadian GE") on cooperation for energy infras...
24 Damen Stock Vessels to Arrive from China in the Port of Rotterdam via Arctic Route
China >> 10/26/2018 - The MV Tasmanic Winter has nearly finished its voyage from China to Rotterdam with 24 new vessels on board built at Damen yards in Changde and Yichang. In line with its standard practice, Damen is tra...

Global Oil & Gas News

Siemens & Aruba Form Strategic Partnership for Integrated Networks
Denmark >> 11/12/2018 - Siemens and Aruba, a Hewlett Packard Enterprise company, announced a strategic partnership focused on bridging the Operational Technology (OT) and Information Technology (IT) worlds. Based on the comp...
TGS Announces Strategic Collaboration for Ocean Bottom Node Projects in North Sea
Norway >> 11/12/2018 - TGS announces a strategic collaboration with Axxis Geo Solutions (AGS) for multi-client ocean bottom node projects in the North Sea. The area of mutual interest covers the core part of the central No...
Maersk Drilling Sells Jack-up Maersk Giant to an Independent O&G Operator
Denmark >> 11/11/2018 - Maersk Drilling has entered into an agreement to sell the jack-up rig Maersk Giant to an Australasian-based independent O&G operator. The transaction is expected to close before end of 2018. ...
ENGIE to Mobilize 800 million Euros to Develop Green Gases in the Next 5 Years in France
France >> 11/11/2018 - On Friday, during the inauguration of the Beauce Gâtinais Biogas (BGB) methanization unit in France, in presence of François de Rugy, French Minister of State, Minister of the Ecological and Solidarit...
Lundin Norway ASO Awards an EPCI Contract to WorleyParsons
Norway >> 11/9/2018 - Rosenberg WorleyParsons has been awarded an engineering, procurement, construction and installation contract (“EPCI”) by Lundin Norway ASO in the Norwegian Continental Shelf. ...
BHP Successful in Bids for Blocks in the Offshore Orphan Basin
Canada >> 11/8/2018 - the Canada Newfoundland and Labrador Offshore Petroleum Board announced that BHP has been successful in its bids to acquire a 100% participating interest in, and operatorship of, two exploration licen...
Operations Resumed at Sture & Kollsnes After Shut-Down
Norway >> 11/8/2018 - The Sture terminal and the Kollsnes plant resumed operations afternoon after being shut down in connection with the collision between the frigate KNM Helge Ingstad and the tanker Sola TS at the Sture...
Argentina Offshore License Round Opens
Argentina >> 11/7/2018 - Argentina’s highly anticipated offshore license round has officially opened with interested parties now invited to register their eligibility and submit bids by the closing date, set for March 14, 201...
Equinor Successful Bids for Three New Licences in Canda
Canada >> 11/7/2018 - Equinor and its partners were the successful bidders for new exploration parcels in the prolific Jeanne d’Arc basin, offshore Newfoundland. ...
Maersk Drilling Named Preferred Contractor by Wintershall
Germany >> 11/7/2018 - Maersk Drilling and Wintershall Noordzee B.V. have extended their previous cooperation in a new agreement which gives Maersk Drilling the status of preferred contractor to Wintershall Noordzee B.V.’s ...
Sempra Energy Sign Three Agreements with Total, Mitsui & Tokyo Gas
United States >> 11/7/2018 - Sempra Energy (SRE) announced that its subsidiaries Infraestructura Energetica Nova S.A.B. de C.V. (IEnova) (IENOVA) and Sempra LNG & Midstream have signed three Heads of Agreements (HOAs) with affili...
QEP Resources Announces $1.725B Agreement to Sell Williston Basin Assets
United States >> 11/7/2018 - QEP Resources, Inc. (QEP) announced that its wholly owned subsidiary, QEP Energy Company, entered into a definitive agreement to sell its assets in the Williston Basin to Vantage Acquisition Operating...
Geopark Announces 2019 Work Program & Investment Guidelines
Argentina >> 11/6/2018 - GeoPark Limited (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil and Chile, announ...
Croatia Launch Second Onshore Licensing Round
Croatia Launch Second Onshore Licensing Round Croatia (Hrvatska) >> 11/6/2018 - Croatia’s cabinet has announced the launch of the country’s second onshore license round. Seven blocks will be available in the license round, all located in Croatia’s prolific Pannonian basin that ha...
Eni & Lukoil Sign Agreement on Exploration Licenses Offshore Mexico
Mexico >> 11/6/2018 - Eni and Lukoil signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow waters. ...
Steven W. Green Named President of Chevron North America Exploration and Production
United States >> 11/6/2018 - Chevron Corporation (CVX) named Steven W. Green president of Chevron North America Exploration and Production, effective March 1, 2019. ...
Total & Sempra Energy sign MOU for North American LNG Projects
Mexico >> 11/5/2018 - Sempra Energy (SRE) and Total S.A. (TOT) announced that they have entered into a Memorandum of Understanding (MOU) that provides the framework for cooperation in the development of North American liqu...
Rowan Renaissance Awarded Contract by Total
Mexico >> 11/5/2018 - Rowan Companies plc (Rowan) (RDC) announced that the Rowan Renaissance, an R-Class ultra-deepwater drillship, has been awarded a contract in Mexico by Total with a firm term of one well with an estima...
ABB Adds New Digital Options to Integrate & Control Electrical Systems for Mining Customers
Switzerland >> 11/5/2018 - ABB recently expanded its ABB AbilityTM System 800xA Power Control Library (formerly MIDAS Library) software to include more options to communicate with and control electrical devices throughout the p...
Trinity E & P Submitted Its Field Development Plan for the TGAL Area
Trinidad and Tobago >> 11/5/2018 - Trinity Exploration & Production plc (TRIN), the independent E&P company focused on Trinidad and Tobago, announces that, as operator, it has submitted the first phase of its Field Development Plan (FD...
Serica Energy Acquires BHP Interests in the Bruce & Keith Fields
United Kingdom >> 11/5/2018 - Serica Energy has signed a sale and purchase agreement ('SPA') to acquire further interests in the Bruce and Keith fields and associated infrastructure in the UK North Sea. ...
Danos Awarded Shell Contract
United States >> 11/5/2018 - Danos announced that Shell Exploration and Production Company, a subsidiary of Royal Dutch Shell plc, has awarded a contract to Danos for the coatings maintenance campaign for the Ursa tension leg pla...
KBRwyle to Improve U.S. Special Ops Resilience and Health through $500M Contract
United States >> 11/5/2018 - KBR, Inc. (KBR) announced that its global government services business, KBRwyle, has been awarded a $500 million contract to provide personal services in human performance and behavioral health to the...
Halfwave Wins Two New in-line Inspection Contracts from Woodside
Australia >> 11/2/2018 - Halfwave, which has developed innovative and cost-effective in-line inspection technology for the oil and gas pipelines, has been awarded two new inspections by Woodside in Australia. ...
Agilent Introduces New ICP-MS Water Analyzer Solution
United States >> 11/2/2018 - Agilent Technologies Inc. (NYSE: A) introduced a new turnkey solution for analyzing water quality. The Agilent ICP-MS Water Analyzer enables environmental laboratories to set up and run regulated meth...
BHP Announces $10.4B Shareholder Return Program
Australia >> 11/1/2018 - BHP plans to return US$10.4 billion to its shareholders through the combination of an off-market buy-back and a special dividend. ...
Pioneer Announces Sale of South Texas Sinor Nest Oil Assets for $132M
United States >> 11/1/2018 - Pioneer Natural Resources Company (PXD) announced that it has signed a purchase and sale agreement with an undisclosed third party to sell approximately 2,900 net acres in the Sinor Nest (Lower Wilcox...
Pre Payment of Debt and New Financing with Banco Santander
Brazil >> 10/31/2018 - Petrobras prepaid a debt with Banco Santander in the amount of US$ 1 billion, due 2023. Simultaneously, it signed with the same institution a new line of credit worth US$ 750 million, due October 2028...
Guyana President Approves Eco Atlantic's Farmeout Interest in Orinduik Block
Guyana >> 10/31/2018 - Eco (Atlantic) Oil & Gas Ltd (Eco Atlantic) (ECO), the oil and gas exploration company with licenses in highly prospective regions in Guyana and Namibia, announces that, further to the Company's annou...
ADX Energy Farmed Out 50% Interest in D 363 C.R-.AX Permit in Italy
Italy >> 10/31/2018 - ADX Energy Ltd (ADX) is pleased to announce that it has signed an agreement with SDP Services Limited (“SDP”) to farmout a 50% interest in the d 363 C.R-.AX Permit (License) containing the Nilde Oil R...
Equinor Awarded Kvaerner a Jacket Contract for Johan Sverdrup
Norway >> 10/31/2018 - Equinor and the Johan Sverdrup licence have awarded a jacket contract for the processing platform for Johan Sverdrup phase 2 to Kvaerner. The contract value is around NOK 900 million. ...
Columbus Field Development Plan Approval
United Kingdom >> 10/31/2018 - – Serica Energy plc (SQZ) is pleased to announce that the Oil and Gas Authority (OGA) has approved the Field Development Plan (FDP) for the North Sea Columbus Development which was submitted for appro...
Fluor Awarded Valero Cogeneration Project in UK
United Kingdom >> 10/30/2018 - Fluor Corporation (FLR) was awarded the engineering, procurement and construction of Valero Energy Corporation’s combined heat and power cogeneration project at its Pembroke Refinery in Wales, UK. Flu...
Operational Excellence & Safety Continue to be a key Driver in Oil & Gas Sector
United Kingdom >> 10/30/2018 - Operational efficiency and safety are of paramount importance for companies across all sectors. Only when organisations decide to build long-term stability and sustainability into their operational st...
Chesapeake Energy Accelerates Strategic Plan with Acquisition of Wildhorse
United States >> 10/30/2018 - Chesapeake Energy Corporation (CHK) and WildHorse Resource Development Corporation (WRD) jointly announced that Chesapeake has entered into a definitive agreement to acquire WildHorse, an oil and gas ...
McDermott Completes Strategic Review of Portfolio
United States >> 10/30/2018 - McDermott International, Inc. (MDR) announced it has completed a comprehensive strategic review of its portfolio as part of the integration process resulting from its combination with CB&I earlier thi...
Senex Energy Announces Final Investment Decisions for Project Atlas and Roma North
Australia >> 10/29/2018 - Senex Energy has announced that following financial close of its $150 million debt facility, Final Investment Decisions have been taken and multi-year work programs sanctioned for Project Atlas and Ro...
PetroRio Acquires Interest in Frade Field in Campos Basin
Brazil >> 10/29/2018 - Petro Rio S.A., following best practices of corporate governance, hereby informs the execution of a Share Purchase Agreement for the acquisition of FRADE JAPAO PETROLEO LIMITADA (“FRADE JAPAO”), a lim...
New Oil Discovery in the Johan Castberg Licence
Norway >> 10/29/2018 - Equinor and partners ENI and Petoro have completed the Skruis exploration well in the Johan Castberg licence. The well confirms a volume of 12-25 million recoverable barrels of oil. ...
Rowan Reliance Awarded Contract by Fieldwood
United States >> 10/29/2018 - Rowan Companies plc (RDC) announced that the Rowan Reliance, an R-Class ultra-deepwater drillship, has been awarded a contract in the United States Gulf of Mexico by Fieldwood Energy LLC with a firm t...

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