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Middle East Oil & Gas News

Noble Energy Provides Update on Successful Leviathan Startup
Israel >> 1/15/2020 - Noble Energy, Inc. (NBL) (Noble Energy) provided an update on the startup of the Leviathan natural gas field, offshore Israel. Key highlights from early production include: ...
Genel Energy Provides Update on Tawke PSC
Iraq >> 1/14/2020 - Genel Energy notes that DNO, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity. ...
TAQA & AlMansoori Petroleum Sign Agreement to Penetrate Hydraulic Fracturing Market
Saudi Arabia >> 1/14/2020 - Saudi Arabia’s Industrialization and Energy Services Company (TAQA) has signed an agreement with AlMansoori Petroleum Services (AMPS). The announcement was made at the opening of this year’s Internati...
Adnoc Aims to Cut Greenhouse Gas Emissions 25% by 2030
United Arab Emirates >> 1/13/2020 - The Abu Dhabi National Oil Company (ADNOC) announced a set of comprehensive sustainability goals, extending its legacy of responsible oil and gas production and reinforcing its longstanding commitment...
Genel Energy PLC Receives Payment for KRI Oil Exports
Iraq >> 1/8/2020 - Genel Energy plc has announced that the Taq Taq partners have received a gross payment of $6.7 million from the Kurdistan Regional Government ('KRG') for oil sales during August 2019. Genel's net shar...
Tristar Group Acquires Logistics Land in Oman's Port of Duqm
Oman >> 1/7/2020 - Tristar has acquired more than 11,000 square meters of logistic land in the Port of Duqm that will have a 3,048 square meters covered warehouse with a capacity of 5,000 pallet position and an open yar...
ADES Renews Contract for ADMARINE 262 in KSA ADES Renews Contract for ADMARINE 262 in KSA
Saudi Arabia >> 1/7/2020 - ADES International Holding PLC, a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has secured a contract renewal for ADMARINE 262. ...
Genel Energy Plc Provides an Update on Taq Taq PSC
Iraq >> 1/6/2020 - Genel Energy plc has announced an update on activity at the Taq Taq field (Genel 44% working interest), as testing of the TT-34 well is nearing completion. ...
Qatar Petroleum & Kuwait Petroleum Sign Agreement to Supply LNG to Kuwait
Qatar >> 1/5/2020 - Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of Liquefied Natural Gas (LNG) to the State...
Noble Energy Announces First Gas from the Leviathan Field
Israel >> 12/31/2019 - Noble Energy, Inc. (NBL) (Noble Energy) announced the commencement of natural gas production from the Leviathan field, the largest natural gas field in the Eastern Mediterranean. ...
Petrofac Secures PDO Awards
Petrofac Secures PDO Awards Oman >> 12/31/2019 - Petrofac announces a new contract and the award of an additional scope of work with Petroleum Development Oman (PDO), with a combined value of approximately US$130 million. ...
Zion Oil & Gas 2020 Plan and Corporate Update
Israel >> 12/30/2019 - Zion Oil & Gas, Inc. (Nasdaq: ZN) announces they are actively sourcing a drilling rig for 2020 operations. ...
Sembcorp Marine Bags 2 Offshore Platforms Valued Over S$550M
Qatar >> 12/26/2019 - Sembcorp Marine Offshore Platforms Pte. Ltd. has clinched two offshore platform contracts worth over S$550 million that support redevelopment efforts at the Al Shaheen and Tyra fields, located respect...
Yokogawa Signs Strategic Agreement with Saudi Basic Industries Corporation
Saudi Arabia >> 12/26/2019 - Yokogawa Electric Corporation has entered into a strategic alliance framework agreement to accelerate collaboration with Saudi Basic Industries Corporation (SABIC), ranked among the world's largest pe...
COOEC-Fluor Completes Module Program for KIPIC Al-Zour Project
Kuwait >> 12/24/2019 - Fluor Corporation has announced that its joint venture COOEC-Fluor Heavy Industries, Co., Ltd. (COOEC-Fluor) fabrication yard in Zhuhai, China, has safely completed the entire module program for the K...
2020 is a Turning Point for Middle East Economies
Saudi Arabia >> 12/23/2019 - The Middle East economy is expected to recover at an estimated 2.1% in 2020. According to ICAEW's latest Economic Update, overall improvement in the region will be primarily driven by an uptick in the...
Kuwait Hopes to Resolve Neutral Zone Issue with Saudi Arabia by Year End
Kuwait >> 12/22/2019 - Kuwait’s oil minister said on Sunday he hoped Kuwait and Saudi Arabia will resolve the Neutral Zone issue by the end of 2019. The two countries halted output from the jointly-run oilfields - Khafji an...
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

Tower Provides Cameroon Operational Update
Cameroon >> 1/15/2020 - Tower Resources plc, the AIM-listed oil and gas company with its focus on Africa, is pleased to provide the following operational update on its work on the Thali licence in Cameroon, conducted through...
EBRD Becomes Shareholder in Egypt’s Infinity Energy
EBRD Becomes Shareholder in Egypt’s Infinity Energy Egypt >> 1/15/2020 - The EBRD is investing US$ 60 million to become a shareholder in Infinity Energy S.A.E., one of Egypt’s leading private energy companies through the issuance of new shares. ...
Natural gas pumping from Israel to Egypt to start on Wednesday
Natural gas pumping from Israel to Egypt to start on Wednesday Egypt >> 1/15/2020 - Natural gas pumping from Israel to Egypt will start on Wednesday, the Egyptian ministry of petroleum announced in a statement early on Wednesday. ...
Cairn Takes FID on Sangomar Field Development in Senegal
Senegal >> 1/15/2020 - Cairn, along with its joint venture partners, Woodside and FAR, has signed a joint Final Investment Decision (FID) statement, in agreement with Petrosen and the Government of Senegal, at an official c...
Total Selected Maersk to Drill in Angola-Namibia Campaign
Angola >> 1/14/2020 - Based on the Conditional Letter of Award previously announced in connection with Maersk Drilling’s Q3 2019 Trading Statement, Maersk Drilling has been awarded contracts for a three-well exploration dr...
Enppi Successfully Installed a Platform for Northwest October Field
Enppi Successfully Installed a Platform for Northwest October Field Egypt >> 1/13/2020 - In line with the strategy implemented by the Ministry of Petroleum and Mineral Resources under the leadership of H.E. the Minister Eng. Tarek El-Molla to develop the petroleum resources and improve it...
Eastern Morocco Portfolio Update
Morocco >> 1/13/2020 - Sound Energy, the Moroccan focused upstream gas company, is pleased to provide an update on the Environmental Impact Assessment (EIA) approvals, negotiations of Tendrara Gas Export Pipeline ("TGEP") c...
Further Update in Relation to Facility Agreement & Restoration of Trading
Nigeria >> 1/13/2020 - Following the Company's announcement earlier today, the Company is now in a position to advise that, based on all information currently available to Lekoil, the loan agreement announced on 2 January 2...
Invictus Receives Priority Project Status from Zimbabwe Government
Zimbabwe >> 1/13/2020 - Invictus Energy Limited, is pleased to announce that the Company’s Cabora Bassa project at Muzarabani held through the Company’s 80% interest in Geo Associates (Private) Limited has been classified a...
Equatorial Guinea to Add 20,000 bpd of Oil Production this Year
Equatorial Guinea >> 1/12/2020 - Equatorial Guinea will add 20,000 barrels per day (bpd) of oil production by October because of the new discoveries. Equatorial Guinea, a member of the Organization of the Petroleum Exporting Countri...
Commencement of Site Survey on OPL 310
Nigeria >> 1/10/2020 - LEKOIL, the oil and gas exploration and production company with a focus on Nigeria and West Africa, announces on behalf of Optimum Petroleum Development Company ("Optimum"), the Operator of the OPL 31...
Subsea Integration Alliance Awarded Contract Offshore Senegal
Subsea Integration Alliance Awarded Contract Offshore Senegal Senegal >> 1/10/2020 - Subsea 7 S.A. announced the award of a very large(1) contract by Woodside to Subsea Integration Alliance for the Sangomar Field Development Phase-1 project located in the Sangomar Offshore and Sangoma...
MODEC Awarded FPSO Purchase Contract for Sangomar Field Offshore Senegal
Senegal >> 1/10/2020 - MODEC, Inc. has signed a contract with Woodside Energy1., to supply a Floating Production Storage and Offloading (FPSO) vessel for the Sangomar (formerly SNE) Field Development Phase 1 (Sangomar Field...
Tecnicas Reunidas & Samsung Awarded $3.7B Algeria Refinery Contract
Tecnicas Reunidas & Samsung Awarded $3.7B Algeria Refinery Contract Algeria >> 1/9/2020 - The national oil company Sonatrach signed a contract in Algiers with a consortium made up of Tecnicas Reunidas (Spain) and Samsung Engineering (South Korea) for the construction of a crude oil refiner...
Serowe CBM Project Acquires Enviromental Approval
Botswana >> 1/9/2020 - The directors and management of Strata-X Energy Ltd. are pleased to announce that following on the field-work, community consultations, development planning and public commenting, the Botswana Departm...
Sangomar Field Development Exploitation Plan Approved by Government of Senegal
Senegal >> 1/9/2020 - The Government of Senegal has approved the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) joint venture Exploitation Plan and granted the Exploitation Authorisation for the San...
VAALCO Completes Etame 11h Development Well & Placed on Production at Higher Than Anticipated Rate
Gabon >> 1/8/2020 - VAALCO Energy, Inc. provided an update on its 2019/2020 drilling program offshore Gabon and reported 2019 production volumes. ...
Reserves Upgraded at South Disouq by 35%
Reserves Upgraded at South Disouq by 35% Egypt >> 1/7/2020 - SDX Energy Plc (SDX) is pleased to announce that upon completion of an independent technical and economic audit of the reserves at its operated South Disouq concession (SDX: 55% working interest), Gaf...
Shearwater GeoServices Awarded Gambia 3D Seismic Project by FAR
Gambia >> 1/7/2020 - Shearwater GeoServices Holding AS (Shearwater) has been awarded a 3D Isometrix seismic acquisition project by FAR Gambia Ltd (FAR). ...
Loan to Anglo African Oil & Gas plc
Congo >> 1/6/2020 - Zenith Energy Ltd., has reached an agreement to provide a secured loan facility ( the “Facility”) to Anglo African Oil & Gas plc (“AAOG”) for a total amount of £250,000. ...
Somalian Parliament Approves New Petroleum Law
Somalia >> 1/6/2020 - The upper house of Somalia’s parliament on Monday approved a new petroleum law, which aims to provide a regulatory framework that will help to attract investment in exploration by major oil companies....
Update for Tendrara Gas Sales Agreement MOU
Morocco >> 1/2/2020 - The Company announced on 30 October 2019 that it had, in relation to ongoing negotiations in respect of a Gas Sales Agreement for the sale of natural gas production in the Tendrara concession in East...
Unprecedented Increase in Oil & Gas Production in 2019
Unprecedented Increase in Oil & Gas Production in 2019 Egypt >> 12/31/2019 - Petroleum Minister Tarek el Molla said an unprecedented increase in the gas and petroleum production was reported in 2019. ...
Exxonmobil Secures Exploration Acreage Offshore Egypt
Exxonmobil Secures Exploration Acreage Offshore Egypt Egypt >> 12/30/2019 - ExxonMobil said it has secured more than 1.7 million acres for exploration offshore Egypt. ...
Three Companies Win First Bid for Oil & Gas Exploration in Red Sea
Three Companies Win First Bid for Oil & Gas Exploration in Red Sea Egypt >> 12/29/2019 - Minister of Oil and Mineral Wealth Tarek el Mulla announced that three companies have won the first international bid launched by South Valley Egyptian Petroleum Holding Company (GANOPE) in March for ...
NOC Considers Halting Operations in Zawiya Port & Evacuating the Refinery
Libya >> 12/29/2019 - National Oil Corporation (NOC) has warned that operations in Zawiya port may be halted and the refinery evacuated after renewed attacks around the facilities. This could lead to production also being ...
Saipem Awarded New Contracts & Extensions Worth $1.7b
Saipem Awarded New Contracts & Extensions Worth $1.7b Angola >> 12/27/2019 - Saipem has been awarded new contracts and extensions on existing contracts in Onshore Drilling and Offshore Drilling for an overall amount of approximately 1.7 billion USD. ...
First Acquisition in Africa
Congo >> 12/27/2019 - Zenith Energy Ltd., has signed a conditional share purchase agreement ("SPA") with AIM quoted Anglo African Oil & Gas plc ("AAOG") for the acquisition of an 80 percent interest in AAOG's fully owned s...
Nigeria LNG Expansion Project launched
Nigeria >> 12/27/2019 - Eni and its partners in Nigeria LNG (NLNG) have taken the final investment decision (FID) for the expansion project of the liquefied natural gas (LNG) plant. This brownfield development, which is expe...
Signing Contract to Establish a Phosphoric Acid Complex in Abu Tartur
Signing Contract to Establish a Phosphoric Acid Complex in Abu Tartur Egypt >> 12/25/2019 - The Minister of Petroleum and Mineral Resources, Tarek El Molla and the Chinese Ambassador in Cairo, Liao Li qiang, have witnessed the signing of a contract to establish a phosphoric acid complex proj...
Egypt Signs 4 Oil & Gas Deals Worth $155M
Egypt Signs 4 Oil & Gas Deals Worth $155M Egypt >> 12/25/2019 - Egypt signed four oil and natural gas exploration agreements worth $155 million. Excavations are to take place in the Western Desert, the Gulf of Suez and the Nile Valley, the Petroleum Ministry state...
Zarubezhneft Entered into PSA for SEREU & EGZ Blocks in Egypt
Zarubezhneft Entered into PSA for SEREU & EGZ Blocks in Egypt Egypt >> 12/24/2019 - Zarubezhneft JSC, the Ministry of Oil and Mineral Resources of Egypt, the Egyptian state holding oil company GANOPE and Pacific Oil Limited, have signed a Production Sharing Agreement for the South Ea...
Sangomar Field Development, FID and Financing Update
Senegal >> 12/24/2019 - FAR Limited, as a partner in the Sangomar Field Development offshore Senegal, provides the following end of year update for shareholders. ...
APICORP Agrees $250M in Loans with Sonatrach Subsidiary
Algeria >> 12/23/2019 - The Arab Petroleum Investments Corporation (APICORP) said it has agreed to two loans worth a combined $250 million with Sonatrach Petroleum Investment Corporation, a subsidiary of Algerian state-owned...
Egypt to Begin Gas Imports from Israel by Mid-January 2020
Egypt to Begin Gas Imports from Israel by Mid-January 2020 Egypt >> 12/22/2019 - Egypt will begin importing natural gas from Israel by mid-January 2020, a senior industry source said on Sunday. Israeli gas exports to Egypt will gradually reach 7 billion cubic metres, the source s...
AGOCO Increases Production Capacity at Nafoura and Hamada oil fields
Libya >> 12/22/2019 - Arabian Gulf Company (AGOCO) engineers and specialists have increased production capacity at the Nafoura oilfield by 5925 barrels per day, following the successful tie-in of well Y3 to production faci...
Akakus Tripoli Building Subject to Material Damage
Libya >> 12/21/2019 - National Oil Corporation (NOC) confirms that Akakus Oil Operations Company building in Tripoli was subject to material damage as a result of a nearby air strike in the airport road area on Friday, Dec...
TGS Announces New Multibeam & Seafloor Sampling Project
Nigeria >> 12/20/2019 - TGS, along with its joint venture partner PetroData, is pleased to announce Nigeria’s first regional multi-client Multibeam and Seafloor Sampling (MB&SS) Study. ...

Asia Oil & Gas News

First Shafag-Asiman Exploration Well Spudded Offshore Azerbaijan
Azerbaijan >> 1/15/2020 - SOCAR and BP announced that the first exploration well was spudded on the Shafag-Asiman offshore block in the Azerbaijan sector of the Caspian Sea on 13 January. SOCAR and BP each hold 50% equity inte...
3.2m Barrels Fuel Storage Facility to Be Launched in Qeshm Island
Iran >> 1/15/2020 - Head of Iran's Qeshm Free Trade Zone, Hamid-Reza Mo’meni said the island’s first fuel storage facility with the capacity of 3.2 million barrels will be launched by the next 20 days, IRIB reported. ...
Searcher Announces Completion of Gulf of Papua Prospectivity Study
Papua-New Guinea >> 1/15/2020 - Searcher Seismic is pleased to announce the expansion of its modern offshore data library with the completion of the Gulf of Papua Prospectivity Study in Papua New Guinea. ...
NOVATEK Reports Preliminary Operating Data for 2019
Russia >> 1/15/2020 - PAO NOVATEK (“NOVATEK”) reported preliminary operating data for the twelve months ended 31 December 2019. ...
Keppel Delivers First Rig of 2020
Singapore >> 1/15/2020 - Keppel Offshore & Marine Ltd (Keppel O&M) has, through its wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS), made its first rig delivery in 2020 safely, on time and within budget. Named Heimdal, ...
Major Rubber Plant Launched in Mahshahr
Iran >> 1/14/2020 - Iran has launched Phase 2 of Takht Jamshid Petchem Plant in Mahshahr, southwestern Iran, which is a major supplier of high-value rubber grades. ...
Shelf Drilling Announces $59M Contract for Recently Acquired Jack-up Rig
Thailand >> 1/14/2020 - Shelf Drilling has secured a contract for its recently acquired high-specification jack-up rig, Shelf Drilling Enterprise, with Chevron Thailand Exploration and Production for operations in the Gulf o...
SapuraOMV & Partners Announce First Production from SK408 Gas Fields
Malaysia >> 1/13/2020 - SapuraOMV Upstream announced first production following the start-up at the end of December from its Larak gas field under the SK408 Production Sharing Contract (PSC), which was delivered within budge...
Fire Incident at the Sabah-Sarawak Gas Pipeline in Ulu Baram
Malaysia >> 1/13/2020 - PETRONAS confirms that a pipe rupture and a fire incident have occurred at the Sabah-Sarawak Gas Pipeline (SSGP) at 1:59AM, approximately 4 km from Long Selulong, Ulu Baram, Miri, on 13 January 2020. ...
SBM’s First Completed Fast4Ward Hull Arrives in Singapore
Singapore >> 1/13/2020 - After a journey of 2,300 nautical miles, the Fast4Ward hull has safely arrived at Keppel yard in Singapore from China. This is SBM Offshore’s first generic hull, the Multi-Purpose Floater (MPF1) in it...
Pertamina & ADNOC Signed MoU for Petrochemicals Complex in Balongan
Indonesia >> 1/12/2020 - His Highness Sheikh Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and Joko Widodo, President of the Republic of Indonesia, witnessed toda...
Iran to Launch Dozens of Petchem Plants in Assaluyeh
Iran >> 1/11/2020 - Dozens of petrochemical plants are under construction in Assaluyeh, southern, Iran, by relying on domestic capabilities and developers. ...
3rd Platform Starts Up in South Pars Phases 22-24
Iran >> 1/10/2020 - Ali AsgharSadeghi, deputy operator for phases 22-23-24, said platform SPD-23 started up following installation, hookup, commissioning operations. Now, sour gas from this platform is being carried to i...
China Opens Up Exploration & Production for Foreign, Domestic Firms
China >> 1/9/2020 - For the first time, China will this year allow foreign companies to explore for and produce oil and gas in the country, opening up the industry to firms other than state-run energy giants, as Beijing ...
INEOS Styrolution Invests in ABS World-Scale Plant in China
China >> 1/9/2020 - INEOS Styrolution, the global leader in styrenics, has announced plans to build a world-scale ABS plant in Ningbo, China. The new production site will be adjacent to the recently acquired polystyrene ...
Jadestone Energy Announces Award of Damages in Respect of Philippines Arbitration
Philippines >> 1/9/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, announces an award of monetary damages, plus a portion of the legal costs and expenses, as a re...
SOFEC Completes Loadout of Turret System for Lufeng Field
China >> 1/8/2020 - SOFEC, Inc. (“SOFEC”) announced that it has successfully completed the loadout of the turret for FSO HYSY121 for the Lufeng Field. The construction was completed at Penglai Jutal Offshore Engineering ...
Turkstream Gas Pipeline Officially Launched in Grand Ceremony
Russia >> 1/8/2020 - A grand opening ceremony for the TurkStream gas pipeline took place. Attending the event were Vladimir Putin, President of the Russian Federation, Recep Tayyip Erdogan, President of the Republic of Tu...
Premier Oil Provides a Trading and Operations Update
Indonesia >> 1/7/2020 - Premier provides a Trading and Operations Update ahead of its 2019 Full Year Results, which will be announced on Thursday 5 March 2020. Separately, the Group has announced accretive and strategic UK N...
Sinochem to Start $4.6B Quanzhou Petchem Complex Mid-2020
China >> 1/2/2020 - China Sinochem Group is expected to start up a new crude processing unit and a petrochemical complex in southeastern China around mid-2020, marking the state firm’s first foray into making petrochemic...
Drilling of 18 Wells in 3 ICOFC Fields Is Underway
Iran >> 1/1/2020 - In line with maintenance and enhancement of oil production, drilling operation of 18 wells in three ICOFC fields is underway through EPD/EPC contracts. ...
Gazprom to Continue Supplying Gas to Armenia on Same Terms in 2020
Russia >> 12/31/2019 - Gazprom Export and Gazprom Armenia signed an additional agreement to the contract for Russian gas supplies to the Republic of Armenia. ...
Gazprom & Moldovagaz Extend Contracts for Gas Supplies and Transit
Russia >> 12/31/2019 - Gazprom and Moldovagaz signed the documents to extend the existing contracts for gas supplies and transit. ...
Russian Gas Transit across Ukraine to Continue Beyond 2019
Russia >> 12/30/2019 - Pursuant to the Protocol of December 20, 2019, Gazprom, Naftogaz of Ukraine, Gas Transmission System Operator of Ukraine and the Ministry of Justice of Ukraine signed a package of documents providing ...
Iran Starts Natural Gas Extraction from Offshore Rig at South Pars
Iran >> 12/28/2019 - Iran has officially started extracting gas from an offshore field in the Persian Gulf to add some 14.2 million cubic meters (mcm) a day to its current output of more than 800 mcm. ...
PETROL to Develop Melamine Park in Urmia
Iran >> 12/28/2019 - Iranian Investment Petrochemical Group (PETROL) has signed an agreement to develop a melamine production park in the northeastern province of Urmia. ...
Last Deck for South Pars Phase 14 Was Loaded Out
Iran >> 12/28/2019 - The last deck belonging to phase 14 was loaded out from SADRA yard to deliver and install on common reservoir. ...
NOVATEK Obtains the Bukharinskiy License Area
Russia >> 12/27/2019 - PAO NOVATEK “NOVATEK) announced that Arctic LNG 1, a wholly owned subsidiary, won the auction for geological survey, exploration and production license for the Bukharinskiy subsoil license area locate...
Gas Reserves of Kruzenshternskoye Field Raised to 2 Trillion Cubic Meters
Russia >> 12/27/2019 - The Federal Agency for Mineral Resources approved the expert opinion of the State Reserves Commission with regard to the calculation of hydrocarbon reserves in the Kruzenshternskoye gas and condensate...
Pilot Production Starts at Gas Field in Bolshekhetskaya Depression
Russia >> 12/25/2019 - LUKOIL started pilot production at the Yuzhno-Messoyakhskoye gas condensate field of the Bolshekhetskaya depression, Yamal-Nenets Autonomous District, Russia. ...
Tests Start in Sardar-e-Jangal
Iran >> 12/24/2019 - Ahmad Shirzadi, exploration director at Khazar Exploration and Production Company (KEPCO), has announced the start of two major projects within areas run by this company. ...
Mitsubishi Shipbuilding Delivered Fuel Gas Supply System FGSS
Japan >> 12/24/2019 - Mitsubishi Shipbuilding Co., Ltd., a member of Mitsubishi Heavy Industries, Ltd. (MHI) Group, based in Yokohama, has delivered the first LNG (Liquefied Natural Gas) fuel supply system "FGSS (Fuel Gas ...
Gazprom Board of Directors Approves Investment Program & 2020 Budget
Russia >> 12/24/2019 - The Gazprom Board of Directors took note of the Company's preliminary operating results for 2019 and the projected investment program and budget (financial plan) for 2021–2022. ...
Project Finance Documentation Signed for Amur Gas Processing Plant
Russia >> 12/24/2019 - Gazprom Pererabotka Blagoveshchensk and Gazprom completed the signing of project finance documentation for the construction of the Amur Gas Processing Plant (GPP). ...
LyondellBasell & Sinopec Announce JV to Manufacture PO & SM in China
China >> 12/23/2019 - LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced it has signed a Memorandum of Understanding (MoU) to form a 50:50 joint venture (JV) w...
Gazprom Neft Produces Its 12-Millionth Tonne of Oil at Prirazlomnoye Field
Russia >> 12/23/2019 - The 12-millionth tonne of “ARCO” (Arctic-blend) oil has now been produced and shipped from Gazprom Neft’s Prirazlomnaya offshore platform, delivered by the Kirill Lavrov ice-class shuttle tanker to th...
Investment Decision on the North Komsomolskoye Project
Russia >> 12/23/2019 - Equinor and Rosneft have taken an investment decision on the first stage of the North Komsomolskoye full field development. ...
Allseas Suspends Nord Stream 2 Pipelay Activities
Russia >> 12/21/2019 - In anticipation of the enactment of the National Defense Authorization Act (NDAA), Allseas has suspended its Nord Stream 2 pipelay activities. Allseas will proceed, consistent with the legislation’s w...
Alexey Miller Lays Out Details of Protocol on Gas Cooperation with Ukraine
Russia >> 12/21/2019 - “In line with the Protocol on gas cooperation, Gazprom and Naftogaz will sign an agreement to settle their mutual claims under the existing contracts, thereby restoring the balance between the interes...
Gazprom & Sinopec Discuss Potential Avenues for Cooperation
Russia >> 12/21/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Li Yong, Vice President of China Petrochemical Corporation (Sinopec Group), took place in St. Petersburg.

Global Oil & Gas News

Petrofac Appointed for Wind Farm Substations
Scotland >> 1/16/2020 - Petrofac has entered into a Preferred Supplier Agreement with SSE Renewables to design, supply and install the HVAC onshore and offshore substations for the Seagreen wind farm project. The wind farm w...
Contract Award for Electrification of Troll B & Troll C
Contract Award for Electrification of Troll B & Troll C Norway >> 1/15/2020 - On behalf of the Troll partners, Equinor has awarded Aker Solutions a front-end engineering and design contract (FEED) for topside modifications to accommodate power from shore at the Troll B and C pl...
Solutions to provide C-Nav5000 GNSS Receivers
United States >> 1/15/2020 - Oceaneering® C-Nav® Positioning Solutions has been selected by SEACOR Marine to supply C-Nav5000™ Global Navigation Satellite System (GNSS) Receivers for a select number of the company’s oil and gas ...
Axens & ExxonMobil Sign Agreement for FLEXICOKING Technology
Axens & ExxonMobil Sign Agreement for FLEXICOKING Technology United States >> 1/15/2020 - ExxonMobil announced that ExxonMobil Catalysts and Licensing LLC and Axens have signed a licensing alliance agreement to allow Axens to provide ExxonMobil’s FLEXICOKING™ technology and integrated resi...
ConocoPhillips Makes Minor Oil & Gas Discovery Near Balder Field
Norway >> 1/14/2020 - ConocoPhillips Skandinavia has concluded the drilling of wildcat well 25/7-8 S in production licence PL 917. The well was drilled about 10 kms northwest of the Balder field in the central part of the ...
Equinor Awarded 23 New Licences on the Norwegian Continental Shelf
Norway >> 1/14/2020 - Equinor has been awarded 23 new production licences by the Ministry of Petroleum and Energy during the awards in predefined areas (APA) 2019 – 14 of the licences are Equinor-operated and 9 are partner...
Serica Energy Announces Corporate Update
United Kingdom >> 1/14/2020 - AIM-listed Serica Energy has released a Corporate Update presentation for the year ended 31 December 2019. ...
TGS Purchases North Slope Alaska 3D Seismic Surveys
United States >> 1/14/2020 - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced it has completed the purchase of four 3D seismic surveys in the North Slope region of Al...
New Application for Continuous Corrosion Monitoring Data
United States >> 1/14/2020 - Emerson has introduced The Plantweb Insight Inline Corrosion application to provide the oil and gas industry real-time interpretation and analysis of critical data that helps prioritize maintenance an...
Falcon Oil & Gas Provides Update on Kyalla 117 N2-1H Well in Beetaloo Basin
Australia >> 1/13/2020 - Falcon Oil & Gas Ltd. provides the following operational update on the drilling of the Kyalla 117 N2-1H well in the Beetaloo Sub-Basin, Australia. ...
Ocean Renewable Energy Launches to Accelerate Global Offshore Wind Capacity
Norway >> 1/13/2020 - An international Ocean Renewable Energy Action Coalition has been formed to advance sustainable deployment of ocean-based renewable energy and mitigate the harmful impacts of climate change. ...
PetroTal Announces 2019 Year-End Oil Production
Peru >> 1/13/2020 - PetroTal Corp. (PetroTal) (PTAL), the Peruvian focused E&P company, is pleased to announce 2019 year-end production of 13,300 barrels of oil per day (bopd) from the Bretana oil field, operated 100% by...
Suspension of Trading on AIM
United States >> 1/13/2020 - Lekoil's advisers were approached yesterday by representatives of the Qatari Investment Authority (the "QIA") questioning the validity of the loan agreement announced on 2 January 2020 (the "Facility ...
Contract Extension for FPSO Polvo
Brazil >> 1/11/2020 - BW Offshore has signed an agreement with PetroRio for a one-year extension for the lease and operation of the FPSO Polvo. The firm period has been extended to Q3 2021 (from Q3 2020), with options unti...
Maersk Drilling Secures Contract for Maersk Valiant Offshore Colombia
Colombia >> 1/10/2020 - Maersk Drilling has been awarded a contract for the 7th generation drillship Maersk Valiant which will be employed by Noble Energy for a one-well campaign offshore Colombia. The contract is expected t...
Serinus Energy Spuds Moftinu - 1004 Well
Romania >> 1/10/2020 - Serinus Energy plc, is pleased to announce that the Moftinu – 1004 well has been spudded today in Romania. This well is located approximately 900 metres to the east of the Moftinu Gas Plant. The plann...
SeaBird Exploration Awarded a 3D Survey in Asia
Cyprus >> 1/9/2020 - Seabird announces a Letter Of Award for a 3D survey in Asia. The survey commences at the end of Q1 and is expected to be completed in Q2 this year. The company will use a third party vessel and equi...
Wintershall Dea Sells Concessions in Southern Germany
Germany >> 1/9/2020 - Wintershall Dea has entered into an agreement with RDG GmbH & Co. KG (“RDG”) to sell its operated participating interests in certain oil concessions mainly located in Southern Germany. The concessions...
TechnipFMC Awarded an EPCm Contract for New Complex in Greece
Greece >> 1/9/2020 - TechnipFMC (FTI) has been awarded a significant Engineering, Procurement and Construction management (EPCm) services contract for the construction of a new naphtha complex for Motor Oil Hellas’ Corint...
Shearwater Starts off 2020 with Sevenfold Increase in Vessel Backlog
Norway >> 1/9/2020 - Shearwater GeoServices Holding AS (Shearwater) is pleased to announce a more than sevenfold increase in 2020 backlog to 65 vessel-months at the start of 2020, up from 9 vessel-months at the same time ...
Increasing Value & Extending Statfjord
Norway >> 1/9/2020 - Equinor and its partners in the Statfjord area have identified and approved plans to extend production from the field towards 2040. A new business plan will ensure even higher use of resources, extrac...
Central Appoints Leading Financial Advisor for Farm-Out
Australia >> 1/8/2020 - Central Petroleum Limited (CTP) (“Central”) announces that it has appointed Flagstaff Partners Pty Ltd (Flagstaff Partners) as its advisor for the farm-out of its CY2020 Exploration Programme explorat...
Dry Well Near the Aasta Hansteen Field in the Norwegian Sea – 6604/6-1
Norway >> 1/8/2020 - Wintershall Dea Norge AS, operator of production licence 894, is in the process of concluding the drilling of wildcat well 6604/6-1. The well has been drilled about 105 kilometres southwest of the Aas...
Petrofac to Provide Integrated Services in New $50m Agreement
United Kingdom >> 1/8/2020 - Petrofac has been selected by Petrogas NEO UK – a jointly owned company created by Petrogas E&P UK, and NEO Energy, a portfolio company of private equity fund HitecVision – to establish its new North ...
Emerson’s New Pulse Valve Delivers Higher Peak Pressure for Longer Bag
United States >> 1/8/2020 - Emerson is introducing its newly redesigned ASCO™ Series 353 Pulse Valve, designed to help original equipment manufacturers (OEMs) and end-users achieve a more effective, efficient and convenient bag ...
Shelf Drilling Completes Purchase of Maersk Completer Jack-up Rig
Denmark >> 1/7/2020 - Reference is made to the announcement made on December 17, 2019 by Shelf Drilling, Ltd. concerning the acquisition of the Maersk Completer jack-up rig. The Company is pleased to announce that it has o...
Navitas Petroleum to Farm in for a 30 % Interest in Sea Lion Project
Falkland Islands >> 1/7/2020 - Rockhopper Exploration plc (RKH), the oil and gas exploration and production company with key interests in the North Falkland Basin, is pleased to announce that Rockhopper and Premier Oil Exploration ...
Talos Energy Completes Independent Resource Evaluation of Zama Discovery
Mexico >> 1/7/2020 - Talos Energy Inc. announced the finalization of the third-party contingent resource evaluation of the Company's globally recognized Zama discovery commissioned from Netherland, Sewell & Associates, In...
The Norwegian Prime Minister Opened Johan Sverdrup Field
Norway >> 1/7/2020 - Norway's prime minister Erna Solberg will perform the official opening of the Johan Sverdrup field centre, and the Minister of Petroleum and Energy, Sylvi Listhaug, will also attend the opening. ...
Proposed UK North Sea Acquisitions, Underwritten Financing
United Kingdom >> 1/7/2020 - Premier is pleased to announce the proposed acquisitions of the Andrew Area and Shearwater assets from BP for US$625 million, and an additional 25 per cent. interest in the Premier operated Tolmount A...
Tap Oil & JV Partners Agreed To Jointly Surrender Interests in WA-34-R
Australia >> 1/6/2020 - Tap Oil Limited (TAP) (Tap or the Company) advises that its 100% owned subsidiary, Tap Bonaparte Pty Ltd, and joint venture partners in the WA-34-R Joint Venture have agreed to jointly surrender their...
Equinor Aims To Cut Emissions in Norway towards Near Zero in 2050
Norway >> 1/6/2020 - Equinor launches new climate ambitions to reduce the absolute greenhouse gas emissions from its operated offshore fields and onshore plants in Norway by 40% by 2030, 70% by 2040 and to near zero by 20...
TGS Purchases U.S. Onshore Petrophysical Log Database
United States >> 1/6/2020 - TGS announced the purchase of all U.S. onshore petrophysical log database and associated intellectual property from Petrophysical Solutions, Inc. ...
Occidental Announces Successful Strategic and Financial Initiatives
United States >> 1/6/2020 - Occidental Petroleum Corporation provided an update on its execution against key strategic and financial initiatives designed to maximize shareholder value following the close of its acquisition of An...
Petrobras Signs Agreement with YPFB
Brazil >> 12/30/2019 - Petrobras, in continuation of the market announcement issued by the company about the Transition Agreement signed under the natural gas supply agreement (GSA) with Yacimientos Petroliferos Fiscales Bo...
CGG Exits from Seabed Data Acquistion Business
France >> 12/30/2019 - CGG is completing its exit from the seabed data acquisition business and has terminated the Seabed Geosolutions’ joint venture agreement effective December 31, 2019. In line with its strategy to exit ...
Fugro Becomes Sole Shareholder of Seabed Geosolutions
Norway >> 12/30/2019 - Fugro has entered into an agreement to acquire CGG’s 40% shareholding in Seabed Geosolutions and to terminate the Seabed Geosolutions’ joint venture agreement effective December 30, 2019 in exchange f...
Petronas Completes Acquisition in Brazil
Brazil >> 12/29/2019 - PETRONAS’ subsidiary, PETRONAS Petroleo Brasil Ltda. (PPBL) on 28 December 2019 announced the completion of the transaction for the acquisition of 50 per cent equity in the Tartaruga Verde producing f...
Acquisition of Shale Gas Assets in the East Texas and Louisiana
United States >> 12/25/2019 - Tokyo Gas America Ltd., (Tokyo Gas America) a wholly owned subsidiary of Tokyo Gas Co., Ltd. (Tokyo Gas) has closed a transaction through Castleton Resources LLC (Castleton Resources) to acquire oil...
Woodside Signs Agreement for Long-Term LNG Supply
Australia >> 12/24/2019 - Woodside Energy Trading Singapore Pte Ltd (Woodside) has entered into a long-term sale and purchase agreement (SPA) with Uniper Global Commodities SE (Uniper) for the supply of LNG from Woodside’s gl...

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