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Middle East Oil & Gas News

Shaybah NGL Facility Incident
Saudi Arabia >> 8/17/2019 - Saudi Aramco’s response team controlled a limited fire this morning at the Shaybah NGL facility. There were no injuries and no interruptions to Saudi Aramco’s oil operations. We will provide further d...
Gazprom Neft Produces Its 100-Millionth Barrel of Oil at the Badra Field
Iraq >> 8/15/2019 - Gazprom Neft subsidiary Gazpromneft-Badra has now produced 13.5 million tonnes — or 100 million barrels — of oil. ...
SDRL – Joint Venture with Gulf Drilling International
SDRL – Joint Venture with Gulf Drilling International Qatar >> 8/15/2019 - Seadrill Limited (Seadrill) refers to the announcements made on May 1, 2019 in connection with the award of drilling contracts by Qatar Petroleum to Gulf Drilling International (“GDI”). Seadrill and ...
Aramco & Reliance Industries Sign Non-Binding Letter of Intent
Saudi Arabia >> 8/12/2019 - Saudi Aramco and Reliance Industries Limited (RIL) have agreed to a non-binding Letter of Intent (“LOI”) regarding a proposed investment in the Oil to Chemicals (O2C) division comprising the Refining,...
Aramco Reports First Half 2019 Net Income of $46.9 Billion
Saudi Arabia >> 8/12/2019 - Saudi Aramco announced for the first time its half-year financial results. The Company’s net income was $46.9 billion for the first half 2019, compared to $53.0 billion for the same period last year. ...
Joint Venture Singing Ceremony Between SKC & PIC
Kuwait >> 8/7/2019 - Kuwait's Petrochemical Industries Company (PIC) has acquired 49 percent of operations of South Korean SKC, and the two firms agreed to establish a joint company producing propylene Oxide (PO) and prop...
Daleel Petroleum & Mog Sign New Agreement for Block 5
Oman >> 8/7/2019 - Oman’s Ministry of Oil and Gas (MOG) signed a new exploration and production sharing agreement with Daleel Petroleum Co for Block 5. ...
ADNOC Acquires Stake in VTTI
United Arab Emirates >> 8/7/2019 - The Abu Dhabi National Oil Company (ADNOC) today announced a strategic investment in global storage terminal owner and operator VTTI BV (VTTI). As part of this agreement, ADNOC will acquire a 10% equi...
Khalid Al Rumaihi Appointed as Mumtalakat CEO
Bahrain >> 8/6/2019 - The Board of the Bahrain Mumtalakat Holding Company (Mumtalakat), the sovereign wealth fund of the Kingdom of Bahrain, has appointed Mr Khalid Al Rumaihi as Chief Executive Officer. ...
Scheduled Periodic Maintenance Turnaround for Selected Production Units
Saudi Arabia >> 8/4/2019 - Sahara International Petrochemical Company (Sipchem) is pleased to announce the safe completion of the scheduled periodic turnaround maintenance activities for the Acetic Acid Plant of International A...
Saudi Aramco Awards NESR $660 MM Contract
Saudi Arabia >> 8/1/2019 - National Energy Services Reunited Corp. (NESR), a national, industry-leading provider of integrated energy services in the Middle East and North Africa (“MENA”) and Asia Pacific regions, reported awar...
Genel Energy Provides an Update on Tawke PSC
Iraq >> 7/31/2019 - Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity: The Tawke field remains the largest IOC-operated o...
Energean Awarded Four Licences for Oil & Gas Exploration in Israel
Israel >> 7/31/2019 - Energean Oil and Gas plc (ENOG) is pleased to announce that Israel’s Petroleum Council has awarded the Company four new licences for oil and gas exploration in the Israeli EEZ. ...
BP & Eni Sign Exploration Agreement in Oman
BP & Eni Sign Exploration Agreement in Oman Oman >> 7/31/2019 - BP and Eni have signed an exploration and production sharing agreement (EPSA) for Block 77 in central Oman with the Ministry of Oil and Gas of the Sultanate of Oman. ...
Eni, ADNOC Close Landmark Strategic Partnership Agreements in Refining and Trading
United Arab Emirates >> 7/31/2019 - Eni and ADNOC, Abu Dhabi’s National Oil Company, said today they closed their strategic partnership, announced in January, through which Eni acquired a 20 percent equity interest in ADNOC refining. Th...
OMV & ADNOC Close Landmark Strategic Partnership Agreements
OMV & ADNOC Close Landmark Strategic Partnership Agreements United Arab Emirates >> 7/31/2019 - OMV, the international integrated oil and gas company based in Vienna, and ADNOC, the Abu Dhabi National Oil Company, closed the strategic equity partnerships covering both the existing ADNOC Refining...
GIC& ADNOC Enter US$4.9bn Pipeline Infrastructure Deal
United Arab Emirates >> 7/30/2019 - The Abu Dhabi National Oil Company (ADNOC) has entered into a further follow-on pipeline infrastructure investment agreement with GIC, Singapore’s sovereign wealth fund. ...
GSP Inks Contract with Technipfmc for the Karish Gas Project
Israel >> 7/29/2019 - GSP has signed a contract with TechnipFMC for the execution of various works within the Karish Gas Development Project in Israel. Technip FMC has been contracted to engineer, build and commission the ...
NPCC & Petrofac JV Awarded Offshore Contract by Al Yasat Petroleum
NPCC & Petrofac JV Awarded Offshore Contract by Al Yasat Petroleum United Arab Emirates >> 7/29/2019 - National Petroleum Construction Company (NPCC), in conjunction with its joint venture (JV) partner Petrofac, has secured a new contract with Al Yasat Petroleum (an ADNOC Group company, and JV with CNP...
Dana Gas Announces New Oil Discovery & Largest Gas Reserves in Iraq
Dana Gas Announces New Oil Discovery & Largest Gas Reserves in Iraq Iraq >> 7/28/2019 - Dana Gas PJSC, the Middle East's largest private sector natural gas company, announces that its share of the proved plus probable (2P) hydrocarbon reserves at Pearl Petroleum Company's ("Pearl") Khor ...
Qatargas Delivers First Q-Max LNG Cargo to Belgium
Qatar >> 7/28/2019 - Qatargas Operating Company Limited (Qatargas) delivered the first cargo of Liquefied Natural Gas (LNG) on a Q-Max vessel to Zeebrugge LNG Terminal in Belgium, marking the first discharge of a Q-Max LN...
Contract Extension for "HAKURYU-10" and "HAKURYU-12"
Contract Extension for Qatar >> 7/26/2019 - Jack-up drilling rigs "HAKURYU-10" and "HAKURYU-12", both operated by JDC's subsidiary company "Japan Drilling (Netherlands) B.V." at Al-Shaheen Oil Field, offshore Qatar, have been awarded a one-year...
Boskalis Awarded EUR 70 Million Land Reclamation Project in Bahrain
Bahrain >> 7/25/2019 - Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract by the Ministry of Works of Bahrain in relation to the North Manama Causeway. The contract carries a value of approximately EUR 7...
Clariant to Focus on Its Core High Value Specialty Businesses
Saudi Arabia >> 7/25/2019 - Clariant and SABIC have agreed to temporarily suspend the discussions on the intended business combination High Performance Materials (HPM), consisting of Clariant’s Additives and high value Masterbat...
Veolia Wins Wastewater Treatment Contract for Kuwait’s Al Zour Refinery
Veolia Wins Wastewater Treatment Contract for Kuwait’s Al Zour Refinery Kuwait >> 7/24/2019 - Kuwait Integrated Petroleum Industries Company (KIPIC) entrusts Veolia with the operation of the wastewater treatment plant at its refinery in Al Zour, southern Kuwait. The Al Zour refinery - one of t...
Pertamina & ADNOC Explores the Integrated Oil and Gas Business Cooperation
United Arab Emirates >> 7/24/2019 - Pertamina and The Abu Dhabi National Oil Company (ADNOC) signed the Comprehensive Strategic Framework (CSF) to explore opportunities for cooperation across the oil and gas business chain in both the U...
Honeywell UOP Wins KIPIC Contract
Honeywell UOP Wins KIPIC Contract Kuwait >> 7/23/2019 - Kuwait Integrated Petroleum Industries Co. (KIPIC) has awarded reconfiguration of refining and petrochemicals sections of its Al-Zour refinery to Honeywell UOP. The newly designed complex will increas...
Qatargas Delivers First Q-FLEX LNG Cargo to Greece’s Revithoussa Terminal
Qatar >> 7/23/2019 - Qatargas Operating Company Limited (Qatargas) has safely and successfully delivered the first cargo of Liquefied Natural Gas (LNG) on a Q-Flex vessel to Greece's Revithoussa LNG Terminal. This is for ...
ADNOC & China's Wanhua Chemical Sign Deal Potentially worth $12 Billion
United Arab Emirates >> 7/23/2019 - The Abu Dhabi National Oil Company (ADNOC) has signed a partnership framework deal worth up to $12 billion with China’s Wanhua Chemical Group for collaboration in the downstream sector, ADNOC said o...
Scheduled Periodic Maintenance Turnaround for Carbon Monoxide Plant
Saudi Arabia >> 7/22/2019 - Sahara International Petrochemical Company (Sipchem) is pleased to announce the safe completion of the scheduled periodic turnaround maintenance activities for the Carbon Monoxide Plant of Internation...
160m USD New Contracts in Offshore Drilling in Romania & Abu Dhabi
United Arab Emirates >> 7/22/2019 - Saipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth over 160 million USD. According to one contract, the company will drill a well in Romania’s Black Sea waters, ...
Bilfinger Wins Multiple Contracts in Abu Dhabi’s Hydrocarbon Sector
United Arab Emirates >> 7/22/2019 - Global engineering and industrial services provider Bilfinger has been awarded multiple engineering contracts by the Abu Dhabi National Oil Company (ADNOC). ...
5 Companies Bid on 12 New Exploration Blocks Offshore Israel
Israel >> 7/21/2019 - The second Israeli offshore licensing round has ended: 5 Companies Submitted Proposals for Oil and Gas Exploration in 12 New Blocks in Israel's Exclusive Economic Zone. ...
Aramco, TechnipFMC & Axens Advance Catalytic Crude to Chemicals Technology
Saudi Arabia >> 1/29/2019 - Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to accelerate the development and c...

Africa Oil & Gas News

Rosneft Says Gas Output at Zohr in Egypt Surges to 11.3 BCM in H1
Rosneft Says Gas Output at Zohr in Egypt Surges to 11.3 BCM in H1 Egypt >> 8/14/2019 - Natural gas production at Zohr, the largest gasfield in the Mediterranean Sea, more than tripled in the first half this year to reach 11.3 billion cubic metres, Russian energy giant Rosneft said. ...
Halliburton Wins Drilling, Completion & Testing Services Contracts for Senegal Project
Senegal >> 8/12/2019 - Woodside Energy (Senegal) BV awarded Halliburton Company (HAL) nine conditional contracts for drilling and completion services for SNE Field Development Phase 1 offshore Senegal. ...
Nigeria's Huge Dangote Oil Refinery Delayed Until End of 2020
Nigeria >> 8/10/2019 - Africa’s largest oil refinery will not be finished until the end of 2020 due to problems importing steel and other equipment, executives at Dangote, which is building the facility in the Nigerian comm...
US$ 252M Loan for 250 MW Wind Farm in Gulf of Suez
US$ 252M Loan for 250 MW Wind Farm in Gulf of Suez Egypt >> 8/8/2019 - The EBRD is stepping up its support for renewable energy in Egypt by providing funds to one of the biggest windfarms in Africa. ...
LyondellBasell Technology Selected for a JV between Sonatrach & TOTAL
Algeria >> 8/7/2019 - LyondellBasell (LYB) announced that Sonatrach Total Entreprise Polymeres Spa (STEP), a joint venture between Sonatrach and TOTAL S.A, has selected LyondellBasell’s Spheripol technology for a 550 KTA p...
Egypt Awards Siemens A Series of Five-Year Grid Studies
Egypt Awards Siemens A Series of Five-Year Grid Studies Egypt >> 8/7/2019 - Siemens announced that the Egyptian Electricity Transmission Company (EETC) has awarded the company a series of five-year grid studies to analyze and examine the country’s transmission network, to ide...
DFSA Signs MoU with the Central Bank of Egypt
Egypt >> 8/7/2019 - The Dubai Financial Services Authority (DFSA) signed a memorandum of understanding (MoU) with the Central Bank of Egypt (CBE) to enhance the relationship and cooperation between both institutions and ...
China's CNPC to Build Niger-Benin Crude Oil Pipeline
Niger >> 8/6/2019 - China National Petroleum Corp (CNPC) signed a contract with the government of Benin in West Africa to build and operate a crude oil pipeline in the region. The 1,980-kilometres pipeline will start fro...
ib vogt Completes 166.5 MWp PV Plants for Benban Solar Complex
ib vogt Completes 166.5 MWp PV Plants for Benban Solar Complex Egypt >> 8/5/2019 - Adding to the 64,1 MWp project in operation since February 2018, ib vogt began commercial operation for three additional solar power plants totalling 166.5 MWp. All projects are located in the Benban ...
Svenska Reaches Farm-Down Agreement with CNOOC
Guinea Bissau >> 8/5/2019 - SPE Guinea Bissau AB (“Svenska GB”), a wholly owned subsidiary of Svenska Petroleum Exploration AB, Sweden, is the Operator of Block 2, the Sinapa Licence, and Blocks 4A & 5A, the Esperança Licence, o...
Helix Announces Contract for New Q7000 Vessel
Nigeria >> 8/5/2019 - Helix Energy Solutions Group, Inc has entered into a contract for its new-build semi-submersible well intervention vessel, the Q7000. The vessel will be performing subsea workover and integrated well ...
Announces Contract Extension on The Shelf Drilling Resourceful
Nigeria >> 8/5/2019 - Shelf Drilling, Ltd. has secured a six-month contract extension on the Shelf Drilling Resourceful jack-up rig in direct continuation of its current contract for drilling operations offshore Nigeria. ...
NOC Completes Offshore El Bouri Maintenance Works
Libya >> 8/4/2019 - National Oil Corporation (NOC) chairman Eng. Mustafa Sanalla visited the offshore El Bouri oil field, meeting facilities staff while inspecting operations and completed maintenance works. The field, s...
ModuResources Announces Nigerian Partnership with Relentech Specialists
Nigeria >> 8/2/2019 - ModuResources primarily provides rig inspection services and recently branched out to add other services to its group of companies such as training (IWCF & IADC accredited), well engineering & advisor...
ABB Wins First Order of Software Solution for the electricity balancing market system from Hitachi
Swaziland >> 8/2/2019 - ABB announced that Hitachi, Ltd. (Hitachi) placed an order for ABB Ability™ Network Manager Market Management System (MMS), a software solution for the electricity balancing market system. MMS, consis...
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake
Shares in Egypt's Qalaa Holdings Slide on Diluted Refinery Stake Egypt >> 8/1/2019 - Shares in Egypt’s Qalaa Holdings, one of the country’s largest investment companies, fell by nearly 10% on Wednesday after it said that its stake in a new refining company had been reduced. ...
Speedcast Wins Multi-Year Contract with Sasol
Mozambique >> 8/1/2019 - Speedcast International Limited, the world’s most trusted provider of remote communication and IT solutions, announced today that the company has been awarded a new multi-year contract to provide comm...
Proprietary Acquisition for Nabirm Global LLC
Namibia >> 8/1/2019 - Electromagnetic Geoservices ASA (EMGS) has been awarded a contract from Nabirm Global LLC (“Nabirm”) for a proprietary 3D CSEM survey over Block 2113A, Petroleum Exploration License (PEL 0058) in the ...
First Oil at Gbetiokun Early Production Facility
Nigeria >> 8/1/2019 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, is pleased to announce that first production from the Gbetiokun oilfield...
Israel Anti-Trust Regulator Approves Egyptian Pipeline Deal
Israel Anti-Trust Regulator Approves Egyptian Pipeline Deal Egypt >> 7/31/2019 - Israel’s anti-trust regulator gave the partners in the Tamar and Leviathan natural gas fields a green light to buy into an export pipeline to Egypt, as long as they grant other players access to the p...
NOC & Eni Complete Phase 2 of Bahr Essalam Gas Project
Libya >> 7/31/2019 - National Oil Corporation (NOC) and Italian oil major Eni announce the completion of Phase 2 of the Bahr Essalam offshore gas project, a joint venture between the two companies operated by NOC subsidia...
Sabotage halts Sharara production
Libya >> 7/31/2019 - National Oil Corporation (NOC) announces the reinstatement of force majeure on crude oil loadings at Zawiya port commencing Tuesday, July 30, 2019. This decision was prompted by a new illegal Sharara ...
Africa Oil Week & Menas Associates Release Africa Oil and Gas Outlook for 2019
South Africa >> 7/31/2019 - A report released by Africa Oil Week and Menas Associates about what lies in store for Africa’s oil and gas industry has concluded that, on balance, the continent’s economic performance is promising, ...
Extension of Bridging Loan Facility
Cameroon >> 7/30/2019 - Tower Resources plc, the AIM listed oil and gas company with its focus on Africa, is pleased to announce an extension of its Bridging Loan Facility ("Facility") of US$750,000. The terms of the extensi...
Victoria Oil & Gas Signs Term Sheet to Supply Gas
Cameroon >> 7/29/2019 - Victoria Oil & Gas Plc, whose wholly-owned subsidiary, Gaz du Cameroun S.A. ("GDC"), is the fully integrated onshore gas producer and distributor with operations located in the port city of Douala, Ca...
“Fuel Self-Sufficient” Algeria to Join Other African Producers at Africa Oil Week
South Africa >> 7/29/2019 - Algeria –having just announced “fuel self-sufficiency” – is the latest African oil-and gas-producing country to confirm its attendance at the 26th Africa Oil Week (AOW) in Cape Town this November. ...
Egypt & US Sign MoU on Cooperation in Energy Field
Egypt & US Sign MoU on Cooperation in Energy Field Egypt >> 7/26/2019 - Egypt's Ministry of Petroleum and Mineral Wealth and Ministry of Electricity and Renewable Energy signed with the US Department of Energy a memorandum of understanding on cooperation in the field of e...
CNOOC Aims to Take Stake in Ugandan Oil Pipeline
Uganda >> 7/26/2019 - Chinese oil firm China National Offshore Oil Corporation (CNOOC) aims to take a stake in an oil pipeline being developed to export Ugandan crude, the firm said on Friday. ...
Eni Successfully Drills Agogo-2, the 1st Appraisal Well
Angola >> 7/25/2019 - Eni has successfully drilled Agogo-2, the first appraisal well of the Agogo discovery in Block 15/06, offshore Angola. The well results confirm the 650 million barrels of oil in place at the Agogo fie...
NOC & CNPC Explore Cooperation and Investment Opportunities
Libya >> 7/25/2019 - A senior delegation from National Oil Corporation (NOC) is in China at the invitation of the country’s leading oil major China National Petroleum Corporation (CNPC) to discuss investment and enhanced ...
Total will Develop the LNG Market in Benin
Benin >> 7/24/2019 - Total, the Republic of Benin and the Societe Beninoise d’Energie Electrique (SBEE) have signed the Gas Supply Agreement and the Host Government Agreement for the development of a Liquefied Natural Gas...
New Gas Discovery in the Nile Delta
New Gas Discovery in the Nile Delta Egypt >> 7/23/2019 - Belayim Petroleum Company (Petrobel) has successfully achieved a natural gas discovery in the Nile Delta concession area, which is currently being put into production at rates of up to 20 million cubi...
Eni Announces New Production from the Western Desert
Eni Announces New Production from the Western Desert Egypt >> 7/23/2019 - Eni announces that production from South West Meleiha Development Lease, located in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa, has started. The current production, delivered ...
Wintershall Dea Committed to Egypt
Egypt >> 7/23/2019 - In early 2018, Wintershall Dea announced the start of an extensive work program in all own-operated Egyptian assets. The company is currently investing more than 500 Million US-Dollars over three year...
Conditional Acquisition of Rockhopper Egypt Pty Ltd
Conditional Acquisition of Rockhopper Egypt Pty Ltd Egypt >> 7/23/2019 - United Oil & Gas PLC, the AIM traded oil and gas exploration and development company, is pleased to announce the proposed acquisition of Rockhopper Egypt Pty Ltd from Rockhopper Exploration Plc, for a...
Noble Chooses Tenaris for Alen Gas Project in Equatorial Guinea
Equatorial Guinea >> 7/23/2019 - Tenaris was awarded the offshore export pipeline for the Alen Gas Monetization Project in Equatorial Guinea, a key component of Noble Energy’s growth strategy in West Africa. ...
GNPC & BP Sign JOA for Block A1 License
Gambia >> 7/23/2019 - Gambia National Petroleum Corporation and British Petroleum Exploration (Gambia) Ltd signed a Joint Operating Agreement for Block A1 License. This JOA marks the first involvement of the National Oil C...
Qatar Petroleum Signs Agreement to Enter 3 Exploration Blocks
Kenya >> 7/23/2019 - The agreement is subject to customary regulatory approvals by the government of Kenya. Following such approval, the partners comprising the consortium will consist of affiliates of each of Eni (the op...
Transnet Signs a Cost-Sharing Agreement with IFC
South Africa >> 7/23/2019 - Transnet SOC Ltd is pleased to announce that it has entered into a cost-sharing agreement with IFC, a member of the World Bank Group, to conclude a feasibility study for the development of a liquefied...
Force Majeure Lifted on Sharara Crude Oil Loading from Zawiya Port
Libya >> 7/22/2019 - National Oil Corporation (NOC) announces the lifting of force majeure on Sharara crude oil loading from Zawiya port, following the opening of a closed valve on the pipeline connecting the Sharara oilf...

Asia Oil & Gas News

The Necessity of Implementation of Goreh-Jask Pipeline Project on Schedule
Iran >> 8/18/2019 - Touraj Dehghani The CEO of the Petroleum Engineering and Development Company (PEDEC), mentioning the country’s policies regarding the timely implementation of Goreh-Jask Pipeline Project and said imp...
SIBUR Upgrades & Terephthalic Acid Production Benefiting Medicine, Construction
Russia >> 8/15/2019 - SIBUR’s Blagoveshchensk site has held a ceremony to celebrate the completed reconstruction of the terephthalic acid production facility, the only one currently in Russia. The attendees included Pavel ...
Honeywell UOP Commissions Second Propylene Plant for Zhejiang Satellite
China >> 8/14/2019 - Honeywell has announced that Zhejiang Satellite Petrochemical Co., Ltd. is using Honeywell UOP’s C3 OleflexTM technology to produce 450 000 tpy of polymer-grade propylene for a new petrochemicals comp...
Exillon Energy's July Production Report
Russia >> 8/14/2019 - Exillon Energy plc (Exillon Energy), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to ann...
5% Recovery Rate at Iran’s Largest Joint Oilfield
Iran >> 8/13/2019 - The Director of Consolidated Planning at the National Iranian Oil Company (NIOC) said according to the MDPs provided to the NIOC for developing South and North Azadegan oilfields, the initial recovery...
Sales of Gazprom Neft’s Innovative Bitumen Products up 37% in 1H 2019
Russia >> 8/13/2019 - Gazpromneft-Bitumen Materials, operator of the Gazprom Neft bitumens business, achieved sales of more than 100,000 tonnes of high-tech modified bitumen and bitumen-derivative products in 1H 2019, with...
Gazprom Neft Puts the Finishing Touches to its Environmental Monitoring System in Orenburg
Russia >> 8/13/2019 - Gazpromneft-Orenburg is using the latest environmental monitoring stations and modern mobile laboratories to expand its environmental monitoring system. The business’s total investment in environmenta...
COOEC Offshore & Expro Form International Riserless Well Intervention Alliance
COOEC Offshore & Expro Form International Riserless Well Intervention Alliance China >> 8/12/2019 - China based offshore and subsea solutions company, COOEC Offshore, has formed an alliance with international oilfield services company, Expro. The formal exclusive agreement allows both companies, whi...
Nord Stream 2 Vessel Working Near Rugen
Russia >> 8/12/2019 - The pipelay vessel CASTORO 10 (C10) is currently located off Rügen to tie together the two ends of a Nord Stream 2 pipe string laid last year on the seabed. The two sections will be connected above wa...
Gazprom Neft Becomes the First Oil Company to Use Innovative Domestically Produced Deep-Sea Stations
Russia >> 8/12/2019 - Gazprom Neft has become the first oil company in Russia to use the domestically produced standalone “CRAB” seabed station for seismic surveys — Russian oil and gas companies having previously had to l...
PGPIC Building $10b Petchem Projects in Iran
Iran >> 8/7/2019 - The CEO of the Persian Gulf Petrochemical Industries Company (PGPIC) said the holding company was currently building projects with a total value of 10 billion dollars in Iran. Addressing a press co...
Reliance & BP to Create Major World-Class Fuels Partnership for India's Fast-Growing Market
Reliance & BP to Create Major World-Class Fuels Partnership for India's Fast-Growing Market India >> 8/6/2019 - BP and Reliance Industries Limited (RIL) have agreed to form a new joint venture that will include a retail service station network and aviation fuels business across India. Building on Reliance's exi...
Meeting to Expand Joint Cooperation between Petropars & Bank Melli Iran
Iran >> 8/6/2019 - A meeting was held to expand joint cooperation between Petropars Group and Bank Melli Iran at the presence of Engineer Hamid-Reza Masoudi. A meeting was held to expand joint cooperation between Petrop...
MOL and MC Agree on Strategic Partnership To Develop Zero-emission Fully Electric Vessels
Japan >> 8/6/2019 - Asahi Tanker Co., Ltd., Exeno Yamamizu Corporation, Mitsui O.S.K. Lines Ltd., and Mitsubishi Corporation today announced their agreement to create a strategic partnership to provide new infrastructure...
MOL Led to Launch a Working Group for Zero Emission Alternative Fuel
Japan >> 8/5/2019 - Mitsui O.S.K. Lines, Ltd. (MOL) has joined the Carbon Capture & Reuse (CCR) Study Group (Note 1) and launched the "Cross-industrial Working Group Related to Zero Emission Alternative Ship Fuels." ...
Gasmen Coming to Russian Far East
Russia >> 8/5/2019 - As part of the Eastern Gas Program, the Amur Gas Processing Plant (GPP) construction project is moving forward at a fast pace. The huge facility near the town of Svobodny in the Amur Region will be a ...
NIOC Inks 4 Research Agreements to Develop Oil Industry
Iran >> 8/4/2019 - National Iranian Oil Company (NIOC)’s Exploration Directorate signed four agreements with Iranian universities and knowledge-based companies for research in various fields of geophysics, geochemistry,...
NIOC to Offer 2 mb of Gas Condensate at IRENEX on Aug. 6
Iran >> 8/3/2019 - The National Iranian Oil Company (NIOC) has planned to sell 2 million barrels of South Pars gas field's condensate on the Iran Energy Exchange (IRENEX) on Aug. 6 at $60.17/b. ...
Last Pipe Leaves Port of Karlshamn
Russia >> 8/3/2019 - The last Nord Stream 2 pipe stored within the premises of the port of Karlshamn left the storage area earlier today. Nearly 39,000 pipes have transited through the port since October 7, 2017. Out of t...
MODEC Develops Next Generation New Built FPSO Hulls
Japan >> 8/2/2019 - MODEC has developed the 'MODEC NOAH' and 'M350', next generation new built hulls for Floating Production Storage and Offloading (FPSO) vessels utilizing its extensive knowledge, experience and proven ...
Completion of Exploratory Drilling at Offshore Hidaka Area
Japan >> 8/2/2019 - Japan Petroleum Exploration Co., Ltd. (JAPEX) has completed the exploratory drilling which started on April 13, 2019 at offshore Hidaka area of Hokkaido, on August 2, 2019. The operation of explorator...
MODEC Develops "MODEC NOAH™" and "M350™" Next Generation New Built FPSO Hulls
Japan >> 8/2/2019 - MODEC, Inc. ("MODEC") is pleased to announce that it has developed the "MODEC NOAH" and "M350", next generation new built hulls for Floating Production Storage and Offloading (FPSO) vessels utilizing ...
Gazprom Neft Develops Supercomputer to Create Siberian & Arctic Digital Field Simulations
Russia >> 8/2/2019 - Gazprom Neft has built a computing cluster in St Petersburg designed to generate digital twins of oil fields. With an intra-node data transmission rate exceeding that of many Russian supercomputers, t...
Saipem Joins the JV for the Realization of the Arctic LNG 2 Project
Saipem Joins the JV for the Realization of the Arctic LNG 2 Project Russia >> 8/2/2019 - Saipem has reached an agreement with Technip France and NIPIgaspererabotka to participate in the Joint Venture for the realization of the Arctic LNG 2 project. The project has been awarded by Arctic L...
First Demercaptanization Unit to Start by March 2020
Iran >> 8/1/2019 - The first demercaptanization (DMC) unit of phases 2&3 will start by March 20, 2020. Having operated the demercapitanization unit, it will be possible to treat 80000 barrels of gas condensate a day in ...
Gazprom Neft Filling Station Network Sells More than 6.5 million Litres of Fuel
Russia >> 8/1/2019 - Supported by online services at Gazprom Neft filling stations, gasoline and diesel sales through Gazprom Neft’s AZC.GO app have reached more than 6.6 million tonnes since its launch in December 2018. ...
Shelf Drilling Awarded Two New Contracts in India with ONGC
India >> 7/31/2019 - Shelf Drilling, Ltd. (SHLF) has received an award for a three-year contract for each of the C.E. Thornton and F.G. McClintock jack-up rigs with Oil and Natural Gas Corporation (ONGC) for operations in...
PTTEP Acquires More Shares in APICO LLC
Thailand >> 7/31/2019 - PTTEP HK Holding Limited has signed a Share Purchase Agreement (SPA) to acquire 39% stake in APICO LLC from Coastal Energy Company (Khorat) Limited with the total transaction value of approximately US...
Chevron Lummus Global Technology Award for Indian Oil Corporation Ltd.'s Haldia Refinery
India >> 7/30/2019 - McDermott International, Inc. (MDR) announced that Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable license and engineering contract for a 270 TMTPA (th...
PEDEC Pursuing Oil Project in Makran, West Karoon Regions
Iran >> 7/30/2019 - The National Iranian Oil Company (in line with the National Resilience Economy Plan) is pursuing enhancement of crude oil production capacity in West Karoon joint oilfields, construction of the Goreh-...
ABB to Modernize Shymkent Oil Refinery, Supporting Digitalization of Kazakhstan
Kazakhstan >> 7/30/2019 - ABB has won a multi-million-dollar order to modernize a major oil refinery in Kazakhstan, as the Republic’s ‘Digital Kazakhstan’ program seeks to elevate economic sectors including the oil, gas and ch...
KazMunayGas, Ministry of Energy & Total Sign a Memorandum of Cooperation
Kazakhstan >> 7/30/2019 - JSC NC “KazMunayGas” (KMG), the Ministry of Energy of the Republic of Kazakhstan and Total E&P Kazakhstan signed a Memorandum of Understanding in digitalization in the petroleum industry. The Memorand...
GSP Is the Strategic Partner of Trident for the Dolphin Block Bid
Ukraine >> 7/30/2019 - GSP Offshore SRL is the preferred drilling and engineering services provider of Trident Black Sea, in its bid for the right to negotiate a production sharing agreement (PSA) with the Ukrainian governm...
TechnipFMC Celebrates First Steel Cut for Liuhua 16-2 Oilfields Development Project in China
TechnipFMC Celebrates First Steel Cut for Liuhua 16-2 Oilfields Development Project in China China >> 7/29/2019 - TechnipFMC celebrated the first steel cut of the manifolds and subsea structures for CNOOC’s Liuhua 16-2 Oilfields Development Project recently. The milestone, which took place in Jutal’s Zhuhai yard ...
Pertamina is Ready to Manage the Corridor Block 2026
Indonesia >> 7/29/2019 - Pertamina welcomed the Government's decision to approve a 30% increase in participating interest (PI) to the national oil and gas company on the Corridor Block. ...
LPG Reserve Tankers of the Refinery of Phase 19 of South Pars Was Commissioned
Iran >> 7/29/2019 - Simultaneous reserve of 4 tankers of Propane and Butane (LPG) of Phase 19 of South Pars was initiated by Petorpars Iran. ...
Abai Area Hydrocarbons Exploration & Development Contract Signed
Kazakhstan >> 7/29/2019 - JSC NC “KazMunayGas” (KMG), the Ministry of Energy of the Republic of Kazakhstan and Eni S.p.A. signed the “Abai” area hydrocarbons exploration and production contract. Under the signed contract, prin...
Neptune Energy Acquires Interests in Kutei Basin PSCs from Eni
Indonesia >> 7/28/2019 - Neptune Energy has agreed to acquire interests from Eni in the Kutei basin Production Sharing Contracts (PSC), offshore Indonesia. The agreement will see Neptune acquire a 20 per cent working interest...
Nord Stream Pipeline Resumes Transmission After 2019 Maintenance Works are Fully Completed
Russia >> 7/27/2019 - Nord Stream AG has completed all planned maintenance works on the twin gas pipelines timely and in full. Between 16 July and 27 July 2019, all planned maintenance works on mechanical components, as we...
Evonik & thyssenkrupp to License HPPO Technology to China
China >> 7/26/2019 - Evonik and thyssenkrupp Industrial Solutions are licensing their HPPO technology for the production of propylene oxide to the Chinese chemical company Zibo Qixiang Tengda Chemical. The parties signed ...

Global Oil & Gas News

Wang Yilin Meets with Minister of Mines & Energy of Brazil Bento Albuquerque
Brazil >> 8/16/2019 - On August 15, Wang Yilin met with Brazil’s Minister of Mines and Energy Bento Albuquerque in Beijing. The two parties compared notes on promoting the cooperation of oil business.
Balltec Secures North Sea Decommissioning Contract from Heerema Marine Contractors Nederland
United Kingdom >> 8/16/2019 - Balltec has recently been awarded a contract by Heerema Marine Contractors Nederland (HMC) for work on the decommissioning and removal of a large platform with conductors in the North Sea. ...
Issuance of Project Bond for FPSO Charter Project
Brazil >> 8/15/2019 - MODEC, Inc. (MODEC) is pleased to announce that an affiliate of MODEC has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloa...
Issuance of Project Bond for FPSO Charter Project
Brazil >> 8/15/2019 - MODEC, Inc. (MODEC) is pleased to announce that an affiliate of MODEC has issued a project bond in the international capital markets outside Japan to refinance a Floating Production Storage and Offloa...
New Subsea Integrity Appointments Strengthen Operator Experience at Xodus Group
United States >> 8/15/2019 - Xodus Group has appointed two principal consultants to its subsea integrity management team. With more than 60 years’ experience between them, Djamel Hamel and Chris Overton add a wealth of operator ...
Fluor Joint Venture Selected for Vital Asheville, N.C. Interstate Expansion Project
United States >> 8/15/2019 - Fluor Corporation (FLR) announced that its joint venture together with United Infrastructure Group, Inc. was selected by the N.C. Department of Transportation (NCDOT) to widen and improve a 7.5-mile s...
TGS Completes Acquisition of Spectrum
TGS Completes Acquisition of Spectrum United States >> 8/14/2019 - TGS-NOPEC Geophysical Company ASA (TGS) has completed its acquisition of Spectrum ASA (Spectrum), creating a leading global multi-client geophysical data provider. TGS first announced its intent to ac...
Oceaneering Wins Subsea Wellhead Removal from Lundin
United States >> 8/14/2019 - Oceaneering International, Inc. (Oceaneering) has announced that its wholly owned subsidiary Oceaneering AS has secured a contract from Lundin Norway AS covering the removal of the Jorvik subsea well ...
Petrobras Invests R $ 168M in Operational Safety in Reduc
Brazil >> 8/12/2019 - Petrobras will invest R $ 168 million in the scheduled maintenance stop of the Duque de Caxias Refinery (Reduc), which starts on Monday, August 12, and is expected to last 31 days. This is a routine p...
Production Drilling Starts on the Dvalin Field in Norway
Norway >> 8/12/2019 - Wintershall Dea has begun drilling four production wells on the Dvalin gas field in the Norwegian Sea, getting ready for the start of production in 2020. The Dvalin field will strengthen Wintershall D...
Clough USA Announces Award Of Petrochemical EPC Project In USA
United States >> 8/12/2019 - Clough USA is pleased to announce it has secured a Limited Notice to Proceed (LNTP) for a confidential Petrochemical EPC project in the US market. Full Notice to Proceed is expected to be released in...
PetroLogistics Awards McDermott with FEED Contract for 500 KTA Gulf Coast PDH Project
United States >> 8/12/2019 - McDermott International, Inc. (MDR) has been awarded a sizeable* contract by PetroLogistics ll LLC to perform the front-end engineering design (FEED) services for a propane dehydrogenation (PDH) facil...
Petrobras Starts Selling Shallow Water Fields in Campos Basin
Brazil >> 8/8/2019 - Petrobras has started the teaser for the sale of all its stakes in 11 shallow water production fields in the Campos Basin, jointly known as Polo Garoupa, including production and disposal facilities t...
BHP Approves Ruby Petroleum Project
Trinidad and Tobago >> 8/8/2019 - The BHP Board has approved US$283 million (BHP share) in funding to develop the Ruby Project in Trinidad and Tobago. Total investment for the oil and gas project (including pre-commitment capital) is...
Contract Award for Skandi Skansen
United Kingdom >> 8/8/2019 - DOF Subsea Group is proud to announce the successful contract award for a major operator within the UKCS sector to decommission subsea infrastructure in Q3, 2019. The works will be undertaken by the S...
Chevron Phillips to Supply Pipe to EVX Midstream
United States >> 8/8/2019 - Performance Pipe, a division of Chevron Phillips Chemical Company LP, announced today it is supplying EVX Midstream Partners LLC with PlatinumStripe® 1800 Series PE-RT Piping to transport produced was...
Occidental Completes Acquisition of Anadarko
Occidental Completes Acquisition of Anadarko United States >> 8/8/2019 - Occidental Petroleum Corporation (OXY) announced the successful completion of its acquisition of Anadarko Petroleum Corporation ("Anadarko") (APC) in a transaction valued at $55 billion, including the...
Equinor Joins Wind Farm Development in Argentina
Argentina >> 8/7/2019 - Equinor and YPF Luz announced that the companies have entered an agreement where a subsidiary of Equinor will subscribe to shares in Luz del Leon. Luz del Le?n is the company in charge of the Canadon ...
Oryx Announces $550 Million Investment from QIA
United States >> 8/7/2019 - Oryx Midstream Services (Oryx), the largest privately-held midstream crude operator in the Permian Basin, announced that an affiliate of Qatar Investment Authority (QIA) has acquired a significant sta...
DUKAS 1 Drilling Update
Australia >> 8/6/2019 - Central Petroleum Limited (ASX:CTP) (“Company” or “Central”) provides the following update in relation to the drilling of the Dukas 1 well. ...
Long Term Contract for PSV Skandi Feistein with Esso Australia
Australia >> 8/6/2019 - DOF Rederi AS, a wholly owned subsidiary of DOF ASA, has signed a 5-year contract for the PSV Skandi Feistein with Esso Australia Pty Ltd. The contract will commence in second half 2019. Skandi Feiste...
Euronav Sells its Oldest VLCC for Offshore Project
Belgium >> 8/6/2019 - Euronav NV (EURN) is pleased to announce that Euronav Luxembourg, a subsidiary of Euronav NV, has sold the VLCC vessel VK Eddie (2005 – 305,261 dwt) to a global supplier and operator of offshore flo...
Borr Drilling Awards Contract for Premium Jack-Up Rig in Mexico
Mexico >> 8/6/2019 - Reference is made to Borr Drilling Limited’s (BORR) previously disclosed information regarding its two contracts in Mexico with Petroleos Mexicanos (Pemex), in what is referred to as “Cluster 2”, unde...
Successful Heavy Lift for Dvalin in the Norwegian Sea
Norway >> 8/6/2019 - After a major construction phase, the 3,500 tonne Dvalin module has been lifted safely aboard the Heidrun platform in the Norwegian Sea. The three-hour operation on 3 August ranks among the heaviest l...
Transocean Awards PSW Group BOP-Maintenance Contract
United States >> 8/6/2019 - PSW Group has been awarded a contract with Transocean for Storage & Maintenance of Blow Out Preventers (BOP) for Cat-D rigs. The Agreement has a duration of 5 years. ...
New Foresite® Business Intelligence & Data Visualization Powered By Microsoft® Power BI
United States >> 8/6/2019 - Weatherford International plc (WFTIQ) announced the integration of Microsoft® Power BI into the ForeSite® production optimization platform for the oilfield industry. This integration accelerates ForeS...
Termination of EP487 Farmout Agreement
Australia >> 8/5/2019 - Doriemus Plc (DOR) has received a notice of termination of the relevant EP 487 Farmout Agreement from Rey Resources Limited (REY). The EP487 Farmout Agreement was terminated by Rey Resources Limited a...
Monadelphous Contracts Update
Australia >> 8/5/2019 - Engineering company Monadelphous Group Limited (MND) has secured new construction and maintenance work in the resources and energy sectors with a combined value of approximately $150 million. ...
Total Sells Interest in Pipeline Network
France >> 8/5/2019 - Total has signed an agreement to sell a 30% interest in Société des Transports Pétroliers par Pipelines (Trapil) to Pisto SAS for €260 million (about $290 million). ...
Saipem to Establish a Spool-Base in the US Gulf of Mexico
Mexico >> 8/5/2019 - Saipem will establish a spool-base on Greenwood Island, Pascagoula, Mississippi. A spool-base is a facility which allows long lengths of pipe to be welded together before reeling them onto a pipelay v...
PGS Acquires Rock Solid Images
Norway >> 8/5/2019 - On 25th July 2019, PGS acquired the main assets of Rock Solid Images (RSI). PGS will provide rockAVO deliverables and RSI rock physics atlases, offering high-quality, conditioned, well data in key bas...
TGS Awarded Five-Year Contract Extension by BSEE
United States >> 8/5/2019 - TGS-NOPEC Geophysical Company (TGS) has been awarded a five-year contract for Digital Well Log Data Processing with the United States Department of the Interior, Bureau of Safety and Environmental Enf...
Santos & Perdaman Sign Narrabri Gas Agreement
Australia >> 8/2/2019 - Santos and Perdaman have signed a heads of agreement for the further study and design of Perdaman’s new ammonia production facility using Narrabri natural gas. ...
Annie-1 Spuds in the Offshore Otway Basin
Australia >> 8/2/2019 - Cooper Energy (COE) as Operator of VIC/P44 (50% interest holder), announces the Diamond Offshore Ocean Monarch drill rig has spudded the Annie-1 gas exploration well at 1:00 pm AEST today. ...
Monadelphous Secures Major Construction Contract with Rio Tinto
Australia >> 8/2/2019 - Engineering company Monadelphous Group Limited (MND) has been awarded a major construction contract with Rio Tinto associated with the West Angelas Deposits C and D Project, located in the Pilbara reg...
Frontera Announces Approval for Resequencing of Work Programme in Guyana
Guyana >> 8/2/2019 - Frontera Energy Corporation ("Frontera") announces that a resequencing of CGX Energy Inc.'s work programme in the Corentyne block, offshore Guyana, held by its wholly owned subsidiary, CGX Resources I...
Yokogawa Wins Bulk Order to Supply 1,350 Pressure Transmitters to Argentine National Oil Company
United States >> 8/2/2019 - Yokogawa Electric Corporation announces that the Argentine national oil company Yacimientos Petroliferos Fiscales (YPF) has decided to purchase 1,350 DPharp EJA series pressure transmitters, an OpreX™...
Wagina Gas Discovery at West Erregulla-2
Australia >> 8/1/2019 - Strike Energy Limited confirms that the Strike-Warrego Joint Venture has made a significant gas discovery in the Wagina sandstone as part of the West Erregulla-2 drilling campaign. ...
BP Awards Hook-Up & Commissioning Contract to Worley
Mexico >> 8/1/2019 - Worley has been awarded a contract by BP for hook-up and commissioning integration services for BP’s Mad Dog 2 project and the Argos deep-water platform in the Gulf of Mexico. Argos will be BP’s newes...
Stork Awarded Onshore and Offshore Evergreen Contract for Centrica’s UK Assets
United Kingdom >> 8/1/2019 - Fluor Corporation announced that Stork, part of Fluor’s Diversified Services segment, was awarded a contract extension by Centrica Storage Limited to continue providing fabric maintenance and associat...

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