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National Oil Companies News and Press Releases

Extension of Natural Gas Supply between Sonatrach & Galp Company
Sonatrach and Galp have signed agreements for the supply of natural gas to the Portuguese market for a volume of 2.5 Gm3 / year (Billion Cubic Meters per year). ...
6/11/2019 - Natural Gas - Algeria
Production Tubing Recovery in Well CE02 in Bahr Essalam
Mellitah Oil and Gas Company (MOG) has successfully performed a ‘fishing operation’ to recover a production string stuck in the CE02 well of Libya's largest producing offshore gas field - Bahr Essalam...
6/7/2019 - Production - Libya
Gazprom Neft & Zyfra Form A Joint Venture to Develop Digital Solutions
Gazprom Neft and ZYFRA have agreed to establish a joint venture to develop digital solutions for managing production at industrial enterprises. The preliminary agreement was signed by Andrei Belevtsev...
6/7/2019 - Mergers and Acquisitions - Russia
Gazprom Neft Signs A MoC With Yamalo-Nenets Autonomous Okrug On Establishing A Technology Centre
Gazprom Neft and the Government of the Yamalo-Nenets Autonomous Okrug are to expand their cooperation in developing viable technologies for exploiting Achimovsky-strata oil deposits, with Dmitry Artyu...
6/7/2019 - Process Technology Licensing - Russia
Gazprom Neft Joins Forces in Establishing a Refining Control Centre with Yokogawa
Gazprom Neft is to create the industry’s first production control centre, to be used in managing its own refineries. The future centre will facilitate the transition from managing individual facilitie...
6/7/2019 - Oil Treating & Refining - Russia
Gazprom Neft to Build Solar-Power Electricity Plants at Refineries
Gazprom Neft is to embark on a project to build solar-power electricity plants at its refining facilities, with the company’s Omsk Refinery, where the first 1 MW solar power station is to be built, ac...
6/7/2019 - Electricity - Russia
Gazprom Neft, Repsol & Shell Join Forces to Develop a Major Exploration Cluster
Gazprom Neft, Repsol and Shell have signed a memorandum of understanding at this year’s St Petersburg International Economic Forum on establishing a joint venture to develop the Leskinsky and Pukhutsy...
6/7/2019 - Development - Russia
Gazprom Neft to Supply Cutting-Edge Lubricants to Businesses in Saratov Oblast
Gazprom Neft has signed a Cooperation Agreement with the Saratov Oblast on import-substitution in lubricants and service fluids. The document was signed at this year’s St Petersburg International Econ...
6/7/2019 - Lubricants, Oils & Greases - Russia
Gazprom Neft & Sberbank Expand Collaboration on Digital Projects
Gazprom Neft and Sberbank have entered into a cooperation agreement on innovation. The agreement was signed by Andrei Belevtsev, Gazprom Neft’s Chief Digital Transformation Officer, and Anatoly Popov,...
6/6/2019 - Oil & Gas Companies - Russia
GAZPROM NEFT & IKS Holding to Develop Digital Projects for Industrial Enterprises
Gazprom Neft and IKS Holding have entered into a preliminary agreement to establish a joint venture, which will facilitate oil industry’s access to the digital transformation technology market. The ag...
6/6/2019 - Development - Russia
Gazprom Neft & NOVATEK Announce Their Intention to Cooperate in the Arctic
Gazprom Neft and NOVATEK have concluded an agreement at this year’s St Petersburg International Economic Forum confirming their intention to cooperate in implementing projects in the Russian Arctic. S...
6/6/2019 - Mergers and Acquisitions - Russia
New Gazprom Neft - Shell JV to Develop Fields in Yamal
Gazprom Neft and Shell have used this year’s St Petersburg International Economic Forum to sign an agreement on creating a joint venture to develop license blocks in the Yamalo-Nenets Autonomous Okrug...
6/6/2019 - Development - Russia
Gazprom Neft, Rosgeologia & the Tomsk Oblast Sign Technology Partnership Agreement
Gazprom Neft, Rosgeologia (Rosgeo) and the Tomsk Oblast have signed a Technology Partnership Agreement at this year’s St Petersburg International Economic Forum, with the document being signed by Alex...
6/6/2019 - Exploration - Russia
Gazprom Neft Establishes an Upstream JV with Zarubezhneft Dedicated to Development of ‘Tight’ Oil
Gazprom Neft and Zarubezhneft have used this year’s St Petersburg International Economic Forum to sign an agreement on establishing a joint venture for the exploration, development and production of h...
6/6/2019 - Tight Gas - Russia
Raguba Development Well Adds 1102 bpd Capacity
Sirte Oil Company (SOC), a fully-owned subsidiary of National Oil Company (NOC), has successfully completed testing of development well E 111-20, located in the Raguba oil field. The well will add 110...
6/5/2019 - Logging, Perforating, Testing - Libya
Gazprom Neft’s Digital System Identifies New Oil Strata in Yamalo-Nenets Autonomous Okrug
Gazprom Neft has been able to produce additional oil revealed following the digital processing of geological data at the Vyngarupovskoye field in the Yamalo-Nenets Autonomous Okrug (YANAO). These new ...
6/5/2019 - Oil Field Services - Russia
SOCAR & Tekfen Sign MoU to Construct Urea Production Facility
Rovnag Abdullayev, President of SOCAR met with a delegation of Turkey’s Tekfen Holding led by Murat Gigin, Chairman of the Board and Cahit Oklap, President of the Group Companies. Rovnag Abdullayev an...
5/31/2019 - Petrochemicals - Azerbaijan
SOCAR & IBM Create an AI-enabled Well Planning Tool
Advanced technologies like AI (Artificial intelligence) are being applied to the demanding aspect of drilling engineering to maximize oil and gas reservoir production. ...
5/31/2019 - Drilling Engineering & Equipment Systems - Azerbaijan
QP Awards Offshore Topsides & Pipelines FEED Contract for North Field Expansion Project
Qatar Petroleum has awarded the FEED (Front End Engineering Design) contract for the North Field Expansion Project’s offshore pipelines and topsides facilities. The scope of this FEED, which was award...
5/27/2019 - FEED - Qatar
NOC to Develop North Hamada Oil Field
National Oil Corporation (NOC) is keen to develop the North Hamada oil field, operated by Nafusa Oil Operations. This field is located in concession 47 of the Ghadames basin in the Northwest of Libya....
5/27/2019 - Development - Libya
Unique APG Storage Facilities Under Construction at Messoyakha Field
Messoyakhaneftegaz, a Gazprom Neft—Rosneft joint venture, has secured a licence to built and operate an associated petroleum gas (APG) storage facility at the Zapadno-Messoyakhskoye field (in the Gyda...
5/23/2019 - Natural Gas Storage - Russia
Gazprom Neft Develops Partnerships with Leading Cruise Operators
Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, has concluded new agreements with cruise operators Royal Caribbean International and Saga Cruises. Gazpromneft Marine Bunker...
5/22/2019 - Marine Services - Russia
Algeria Makes First Gas Discovery in Tindouf
Sonatrach announces the realization of a new discovery of hydrocarbons in own effort in the Tindouf basin. The discovery revealed a gas-to-condensate buildup through the ERTA-1 well from a conventiona...
5/22/2019 - Exploration - Algeria
PETRONAS Floating LNG Satu Achieves Its First LNG Drop Post Relocation
PETRONAS achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometres offshore Sabah, recent...
5/21/2019 - LNG Processing - Malaysia
Gazprom Neft Improves Efficiency in Sales of Marine Fuels in Q1 2019
Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, achieved sales of approximately 800,000 tonnes of marine fuels in Q1 2019, a 25-percentincrease year-on-year, with the compa...
5/20/2019 - Fuel oil - Russia
NOC Condemns Terrorist Attack near Zellah Oil Field
National Oil Corporation (NOC) condemns in the strongest possible terms a terrorist attack this morning near the Zellah oilfield. ...
5/18/2019 - Safety Services - Libya
Gazprom Neft Produces its Two-Millionth Tonne of Oil in Kurdistan
Gazprom Neft subsidiary Gazprom Neft Middle East B.V. has produced its two-millionth tonne of oil since starting commercial production at its Sarqala field in the Kurdsitan Region of Iraq. ...
5/16/2019 - Production - Iraq
Messoyakhaneftegaz Produces Its 10-Millionth Tonne of Oil
Messoyakhaneftegaz, a Gazprom Neft—Rosneft joint venture, has produced its 10-millionth tonne of oil — this figure having been reached in less than three years of the Vostochno-Messoyakhskoye field go...
5/15/2019 - Production - Russia
SOC Development Drilling Increases Istiklal Field Production
Sirte Oil Company (SOC) has completed successful development drilling of well FF03-6 of the Gargaf gas formation within the Istiklal oilfield. Development drilling across the Libyan oil sector is acti...
5/14/2019 - Logging, Perforating, Testing - Libya
CNPC & BP Hold the Third Cooperation Steering Committee Conference
On May 10th, the third CNPC-BP Cooperation Steering Committee Conference was held in London. CNPC Chairman Wang Yilin and BP Group Chief Executive Bob Dudley co-chaired the meeting. The two sides summ...
5/13/2019 - Oil & Gas Companies - China
India to Receive Millions of Barrels of Iranian Oil within a Month
Indian refiners are about to get two very large crude carriers carrying 4 million barrels of Iranian oil this month - one each at Paradip in the east and Kochi in the west, Reuters reported. ...
5/11/2019 - Oil - India
China's Iran Oil Imports Grow to Eight-Month High
China’s oil imports from Iran climbed to the highest in eight months in April which saw countries stock on Iranian crude before exemptions from US sanctions expired, new tanker data shows. ...
5/11/2019 - Oil - Iran
QP Issues Tender for LNG Storage & Loading Facilities for North Field Expansion
Qatar Petroleum has issued an Invitation to Tender Package for Engineering, Procurement and Construction (EPC) to expand its common lean liquefied natural gas (LNG) storage, and the loading and export...
5/7/2019 - LNG Processing - Qatar
ADNOC & ExxonMobil Discuss New Opportunities to Progress of US$ 30 B Upper Zakum Expansion
His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), and Darren W. Woods, Chairman and CEO of Exxon Mobil Corporation (ExxonMobi...
5/7/2019 - Development - United Arab Emirates
Domestically Manufactured 316 Oil Equipment Items by KOGPC in Year to March 2019
Karoon Oil and Gas Production Company (KOGPC) produced 316 items of its required oil industry equipment and spare parts in the year to March 2019, using domestic experts and technology, said the compa...
5/4/2019 - Process Equipment - Iran
Qatar Petroleum Awards Contracts for 8 Drilling Rigs for the North Field Expansion Project
Qatar Petroleum has awarded contracts for a total of eight offshore Jackup Drilling Rigs required for the North Field Expansion Project. The drilling rigs are planned to be mobilized and ready for dri...
5/1/2019 - Rigs - Qatar
ADNOC Launches Abu Dhabi’s 2019 Block Bid Round
ADNOC has launched Abu Dhabi’s 2019 Block Bid Round, opening for bidding five new onshore and offshore exploration blocks with substantial oil & gas potential. ...
5/1/2019 - Exploration - United Arab Emirates
Russian Motorists Choose Gazprom Neft Filling Station Network More Often Than Any Other
Data from market research company Ipsos Comcon has shown the Gazprom Neft network to be the most popular filling station brand in 2018. In response to the question “Do you have a favourite filling sta...
4/30/2019 - Oil & Gas Companies - Russia
Wang Yilin Meets with NOVATEK Chairman Leonid Mikhelson
On April 25, Wang Yilin, Chairman of CNPC, met with visiting Chairman of NOVATEK Corporation, Leonid Mikhelson. The two sides exchanged views on projects including the Yamal LNG and downstream coopera...
4/26/2019 - LNG Processing - Russia
Algeria Won't Extend Crude for Products Deal with Vitol beyond April
Sonatrach has decided not to extend its crude-for-oil products deal with trading house Vitol that ends this month. The move comes as Sonatrach’s 175,000 barrel per day (bpd) Italian oil refinery, whic...
4/24/2019 - Natural Gas - Algeria
The Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
4/24/2019 - Oil Treating & Refining - Russia
Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
4/24/2019 - Oil Treating & Refining - Russia
ADNOC Signs New Long-Term Agreement for Base Oil Sales into India
The Abu Dhabi National Oil Company (ADNOC) has signed another significant long-term sales agreement with an important end-user consumer - the Indian Oil Corporation (IndianOil) - for its high-quality ...
4/23/2019 - Oil - United Arab Emirates
China Condemns US Plan to Stop Waivers for Iran Oil Imports
China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions, saying Beijing's cooperation with Tehran is in accordance with law. ...
4/23/2019 - Oil - Iran
QP Initiates LNG Ship Construction Program for 100+ New LNG Carriers
Qatar Petroleum issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project, which will increase Q...
4/22/2019 - LNG Carriers - Qatar
Gazpromneft-Noyabrskneftegaz Produced Its Millionth Tonne of Oil at Otdalennaya Group of Fields
Gazpromnneft-Noyabrskneftegaz has obtained its millionth tonne of oil at the Otdalennaya group of fields. Most of this production has occurred at two multiple-well cluster pads at the Zapadno-Chatylk...
4/22/2019 - Production - Russia
Gazprom Neft Signs Social & Economic Cooperation Agreement for 2019–2021
Gazprom Neft has signed a further social and economic cooperation agreement with the Government of the Khanty-Mansi Autonomous Okrug-Yugra, with the document being signed by Gazprom Neft CEO Alexander...
4/22/2019 - Financials and Investment - Russia
Qatar Petroleum Announces 10-year Naphtha Sale Agreement with Thailand SCG Chemicals
Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 10-year sales agreement to supply Thailand’s SCG Chemicals with a total of 3 m...
4/21/2019 - Chemicals - Thailand
Gazprom Neft Reviews the Performance of its Investment Programme in 2018
The Gazprom Neft Board of Directors has reviewed information on the company’s budgetary and investment programme performance in 2018. ...
4/19/2019 - Investment - Russia
ACG Sanctions $6 billion Azeri Central East Development Project
? Next stage of development of giant ACG field in Caspian Sea ...
4/19/2019 - Development - Azerbaijan

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