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Middle East Oil & Gas News

Emirates Confirms Order of Rolls-Royce Trent XWB Engines
United Arab Emirates >> 11/18/2019 - Emirates has today confirmed an order for 50 A350-900 aircraft powered by Trent XWB engines. ...
ENOC Group & GoAir Ink Aviation Fuel Supply Agreement
United Arab Emirates >> 11/18/2019 - GoAir, India’s fastest growing airline, signed an aviation fuel supply agreement with ENOC Group. Through the agreement, ENOC will provide Go Air with jet fuel supply at Dubai International Airport fo...
Saudi Aramco in Race for IPO Record with USD 1.7 trillion Top Value
Saudi Arabia >> 11/17/2019 - Saudi Aramco is worth up to $1.7 trillion (£1.3 trillion) at the price range set by the oil giant on Sunday, below the $2 trillion sought by Saudi’s crown prince but putting it in the running to becom...
Seabed Geosolutions Completes Transformation to OBC
United Arab Emirates >> 11/17/2019 - Seabed Geosolutions has signed a contract to sell the entirety of its shallow water ocean bottom cable (OBC) recording equipment for around US$ 10 million. This equipment was used on a recently comple...
DNO Testing Baeshiqa-2 Exploration Well in Kurdistan
Iraq >> 11/15/2019 - DNO, the Norwegian oil and gas operator, has announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well, in accordance with the require...
DNO Updates Baeshiqa Testing
Iraq >> 11/15/2019 - DNO ASA, the Norwegian oil and gas operator, today announced issuance of a notice of discovery to the Kurdistan Regional Government of Iraq on the Baeshiqa-2 exploration well, in accordance with the r...
Jaheziya with ADNOC to Provide Integrated Emergency Response Services for Fujairah Oil Industry Zone
United Arab Emirates >> 11/14/2019 - Jaheziya, a regional training provider for safety and disaster management, signed a 10-year memorandum of agreement (MoA) with Abu Dhabi National Oil Company (ADNOC) and Fujairah Oil Industry Zone (FO...
NPCC Acquires Subsea Construction Vessel
United Arab Emirates >> 11/14/2019 - UAE-based National Petroleum Construction Company (NPCC) has announced the acquisition of 2010-built subsea construction vessel Delma 2000 to boost its offshore and subsea construction capabilities. ...
ADNOC Launches Major Rig Fleet Expansion Program in Support of its 2030 Smart Growth Strategy
United Arab Emirates >> 11/14/2019 - ADNOC Drilling, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced a major rig fleet expansion program to support ADNOC’s upstream growth plans and enable the delivery of its 2030 S...
Teekay LNG Partners Reports Third Quarter 2019 Results
Bahrain >> 11/13/2019 - Teekay GP L.L.C., the general partner of Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (TGP), reported the Partnership’s results for the quarter ended September 30, 2019. ...
Energean Announces Operational Update
Israel >> 11/13/2019 - Energean Oil and Gas plc (ENOG), the oil and gas producer focused on the Mediterranean, is pleased to issue the following trading update for the period from 30 June 2019 to 12 November 2019.
Shawcor Partners with Kuwait International Advanced Industries
Kuwait >> 11/13/2019 - During ADIPEC 2019, Shawcor entered a partnership agreement with Kuwait International Advanced Industries. Demand for reinforced thermoplastic pipeline products in the region is growing rapidly, and S...
APICORP Invests in Al Khorayef United Holding
Kuwait >> 11/13/2019 - Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced its first equity investment in Kuwait with the acquisition of a 24% equity stake in Al Kho...
QP Announces a 10-Year LPG Supply Agreement with China’s Wanhua Chemicals
Qatar >> 11/13/2019 - Qatar Petroleum has announced the signing of an agreement with Wanhua Chemical Group (Wanhua) for the sale of approximately 800,000 metric tons per year of Liquefied Petroleum Gas (LPG) over a period ...
Sadara & Baker Hughes Ink Long-Term PlasChem Park Contracts
Sadara & Baker Hughes Ink Long-Term PlasChem Park Contracts Saudi Arabia >> 11/13/2019 - Sadara Chemical Company (Sadara) and Baker Hughes have signed agreements through which Sadara will supply feedstock chemicals to a Baker Hughes chemical manufacturing facility in PlasChem Park. ...
ADNOC Invests AED 1.8 Billion to Upgrade its Giant Bab Onshore Field
United Arab Emirates >> 11/13/2019 - The Abu Dhabi National Oil Company (ADNOC) announced a significant investment to upgrade its giant Bab onshore field, one of its largest onshore producing assets, located 160 kilometers southwest of A...
ADNOC to Use Drones in Search for New Oil and Gas Resources in Partnership with Total
United Arab Emirates >> 11/13/2019 - The Abu Dhabi National Oil Company (ADNOC), in collaboration with France’s Total, is to deploy drones and unmanned vehicles to collect 3D seismic data as it expands its search for new oil and gas reso...
ADNOC & Total Innovate of Seismic Acquisition with the Use of Unmanned Drones and Vehicle
United Arab Emirates >> 11/13/2019 - The Abu Dhabi National Oil Company (ADNOC) and Total have announced their collaboration to deploy the world’s first automated seismic acquisition system in Abu Dhabi. This pilot project, performed wit...
KIPIC Selects Honeywell as Main Automation Contractor for the Middle East's Largest Complex
KIPIC Selects Honeywell as Main Automation Contractor for the Middle East's Largest Complex Kuwait >> 11/12/2019 - Honeywell (HON) announced that Kuwait Integrated Petroleum Industries Company (KIPIC) has selected Honeywell Process Solutions (HPS) to be the main automation contractor for its new Petrochemicals and...
ION Awarded Large Two-Year Ocean Bottom Data Processing & Imaging Contract
Saudi Arabia >> 11/12/2019 - ION Geophysical Corporation (IO) was awarded a large two-year ocean bottom nodal data processing and imaging contract by ARGAS. ION will deliver high-end time and depth imaging to facilitate explorat...
ADNOC Forms JV with Abu Dhabi’s Group 42 to Develop and Commercialize AI Products
United Arab Emirates >> 11/12/2019 - The Abu Dhabi National Oil Company (ADNOC) announced today it has signed an agreement with Group 42 (G42), an Abu Dhabi based artificial intelligence (AI), cloud and supercomputing company, to establi...
Injazat & Lamprell Will Digitize the Renewables Energy Sector in MENA
United Arab Emirates >> 11/12/2019 - Injazat, a market leader in digital transformation and wholly owned by Mubadala Investment Company - Abu Dhabi's sovereign investor - and Lamprell, a leading provider of fabrication, engineering and c...
Polarcus Signs Memorandum of Understanding with ARGAS
United Arab Emirates >> 11/12/2019 - Polarcus has announced that a Memorandum of Understanding has been signed with Arabian Geophysical and Surveying Company ('ARGAS') to collaborate on seismic projects in the MENA region. ...
CGG Expands Middle East Presence with Regional Geoscience Center in Abu Dhabi
United Arab Emirates >> 11/12/2019 - CGG has established a Regional Geoscience Center in Abu Dhabi to deliver geophysical, geological and reservoir technology and support to clients across the Middle East. With this move, CGG is bringing...
ADNOC LNG Signs Agreements with BP and Total
ADNOC LNG Signs Agreements with BP and Total United Arab Emirates >> 11/12/2019 - ADNOC LNG has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022. With the transactions, ADNOC LNG has continued ...
Lukoil Reports Preliminary Operating Data for the Third Quarter & Nine Months of 2019
Iraq >> 11/11/2019 - For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year. The increase was...
Penspen Awarded PMC Framework Agreement with ADNOC
Penspen Awarded PMC Framework Agreement with ADNOC United Arab Emirates >> 11/11/2019 - Penspen has been awarded a prestigious Project Management Consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (ADNOC). The framework agreement, secured by Penspen’s Middle Ea...
ADNOC to Launch ICE Futures Abu Dhabi - a New Futures Exchange
United Arab Emirates >> 11/11/2019 - Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, has announced that Abu Dhabi National Oil Company (ADNOC) and nine of ...
Israel's Delek Completes $2 bln Purchase of Chevron's North Sea Fields
Israel >> 11/10/2019 - Israel's Delek Group said on Sunday its Ithaca subsidiary, which it plans to spin off via a London listing, completed a deal to buy most of Chevron's British North Sea oil and gas fields for $2 billio...
Rex Subsidiary Masirah Oil Awards Drilling Rig Contract in Oman
Rex Subsidiary Masirah Oil Awards Drilling Rig Contract in Oman Oman >> 11/6/2019 - Rex International Holding subsidiary Masirah Oil has announced that it has awarded a drilling rig contract to Foresight Offshore Drilling, to utilize the Foresight Driller IX jackup rig, to drill one ...
Royal Commission for Jubail & Yanbu and Air Products Qudra Sign MOU
Saudi Arabia >> 11/6/2019 - Royal Commission for Jubail and Yanbu and Air Products Qudra signed a Memorandum of Understanding (MOU) to establish world-class industrial gas production facilities and distribution networks in the i...
Sparrows Doubles UAE Operations After Securing £55m in Contracts
United Arab Emirates >> 11/6/2019 - Sparrows Group has doubled the size of its operations in the United Arab Emirates (UAE) after securing contracts worth in excess of £55 million in the past three months. The awards have resulted in ov...
GMS Secures Four-Year Deal in Middle East
United Arab Emirates >> 11/5/2019 - GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for which GMS will provide support for offshore activitie...
Successful Karish North Appraisal
Israel >> 11/4/2019 - Energean Oil and Gas plc (ENOG). the oil and gas producer focused on the Mediterranean, is pleased to announce the successful appraisal of the Karish North Discovery, confirming best estimate recovera...
Atrush Exceeds 20,000,000 Barrels of Oil Produced
Iraq >> 11/1/2019 - ShaMaran Petroleum Corp. (ShaMaran) is pleased to report that the Atrush oil field total production has exceeded 20,000,000 barrels. ...
Nusaned Signs Three Mous at FII to Attract Investments
Saudi Arabia >> 10/31/2019 - SABIC leaders joined international partners and Saudi business leaders at the third annual Future Investment Initiative (FII) in Riyadh on October 30 and signed three MOUs with international partners ...
Tethys Oil Farms Into Block 56 Exploration and Production License Onshore Oman
Oman >> 10/30/2019 - Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Oman Onshore Limited (“Tethys Oil”), has entered into an agreement with Biyaq Oil Field Services (“Biyaq”) to acquire a 20 percent interes...
Aramco & AKER Collaboration on 4th Industrial Revolution Addressing Sustainability
Saudi Arabia >> 10/29/2019 - Saudi Aramco and AKER ASA (“Aker”) announced the signing of a Memorandum of Understanding (MoU) to develop synergies on industrial digitalization and sustainability initiatives. The non-binding MoU ha...
Air Products Confirms It is in Final Negotiations to Form $11.5 Billion Joint Venture
Saudi Arabia >> 10/29/2019 - Air Products (APD) confirmed that it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets ...
Israel Awards Exploration Licenses in the Second Bidding Round
Israel >> 10/28/2019 - The Minister of Energy, Dr. Yuval Steinitz, granted the 8 licenses to the British companies Cairn and Pharos and the Israeli company Ratio, which they received from the Petroleum Commissioner within t...

Africa Oil & Gas News

BOURBON Awarded New Integrated Logistics Contract by TOTAL
Namibia >> 11/18/2019 - Bourbon Marine & Logistics has been awarded by Total E&P Namibia an integrated logistics contract to support a deep offshore exploration campaign in South Namibia in 2020. The project scope covers pro...
KCA Deutag Secures $460m of Land Drilling Contracts in ME, Africa & Europe
Nigeria >> 11/18/2019 - KCA Deutag (KCAD) announces that its land drilling operation has won new contracts worth approximately $460m in the Middle East, Africa and Europe. ...
Shell Appoints Citi for $1B Sale of Egypt Assets
Egypt >> 11/15/2019 - Royal Dutch Shell has appointed investment bank Citi to run the sale of its onshore Egyptian oil and gas assets which could fetch around $1 billion, sources close to the process said. ...
Savannah Petroleum completes Seven Energy Transaction
Nigeria >> 11/15/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to announce the completion of the Seven Energy Transaction. ...
Senegal Set to Offer 10 Offshore Blocks in 2020 License Round
Senegal >> 11/15/2019 - The National Oil Company of Senegal, PETROSEN, has announced the launch of the country’s first offshore licensing round, to be launched at the MSGBC Basin Summit & Exhibition in Senegal in January 202...
Financing Update for the SNE Field Development
Senegal >> 11/14/2019 - FAR Limited (FAR) has previously indicated that it has a broad range of financing options for the development of the SNE field under investigation. In anticipation, FAR hasfor some time been seeking t...
Rig Option Agreement Signed for Tilapia 103C-ST
Congo >> 11/12/2019 - Anglo African Oil & Gas plc has entered into a rig option agreement (the Rig Agreement) with Societe de Forage Petroliers (SFP) for the provision of a rig to carry out drilling operations on well TLP-...
Commencement of Production at South Disouq Concession in Egypt
Commencement of Production at South Disouq Concession in Egypt Egypt >> 11/12/2019 - SDX Energy Plc (SDX) is pleased to announce the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Egypt. ...
Somaliland Farm-out Process
Somalia >> 11/11/2019 - Genel Energy plc has increased its stake in the SL10B13 block, onshore Somaliland, to 100%, having acquired East Africa Resource Group's 25% stake. ...
Successful Startup of Mostorod Refinery in Egypt
Successful Startup of Mostorod Refinery in Egypt Egypt >> 11/10/2019 - Qatar Petroleum is pleased to announce the successful start-up of the Egyptian Refining Company (ERC) Refinery project located in Mostorod, north of the Egyptian capital Cairo. Qatar Petroleum owns 38...
NOC Reports Increase in October Oil & Gas Revenues
Libya >> 11/10/2019 - National Oil Corporation (NOC) reported October 2019 revenues of approximately 2.2 billion USD, an increase of 381 million USD (21%) compared to September 2019 revenues. ...
AGOCO Increases Nafoura Field Production Capacity
Libya >> 11/8/2019 - Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget...
Seven Energy Transaction Progresses to Completion Phase
Nigeria >> 11/8/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to provide an update in relation to the Seven Energy Transaction (the “Tran...
Africa Energy Signs 2D & 3D Seismic Programs Offshore South Africa
South Africa >> 11/8/2019 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, is pleased to announce the award of new 2D and 3D seismic programs on Block 11B/12B offshore Sout...
Aramco Signs 2020 Crude Oil Supply Deals at China’s Largest Trade Fair
Sudan >> 11/7/2019 - Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts. These new sales agreeme...
Ghana to Revoke 4 Petroleum Licences for Lack of Development
Ghana >> 11/6/2019 - Ghana will revoke four petroleum exploration licences from companies that are not developing the assets. The country will take aggressive action to ensure that its petroleum assets are developed. The ...
New Production Well in Wafa Field
Libya >> 11/6/2019 - As part of the National Oil Corporation (NOC)’s plan to increase crude oil and natural gas production capacity and rates, Mellitah Oil and Gas Company (MOG) tied in a new well A-57 in its Wafa field i...
AGOCO Starts Production Enhancement Program at Sarir Oil Field
Libya >> 11/6/2019 - As part of the National Oil Corporation (NOC)’s plan to increase production rates, and within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has begun implementat...
Sound Energy Will Sell Its Interests in Eastern Morocco Portfolio
Morocco >> 11/6/2019 - Sound Energy, the Moroccan focused upstream gas company, is pleased to update investors on the ongoing marketing process in respect of its Eastern Morocco Portfolio. ...
Aminex Provides Corporate and Operations Update
Tanzania >> 11/6/2019 - Aminex announcesthe following developments and updates regarding the Company’s ongoing operations in Tanzania and other corporate matters. ...
Two New Wells Were Put on Production in Baltim Field
Two New Wells Were Put on Production in Baltim Field Egypt >> 11/5/2019 - The exploration wells, Baltim Southwest-1 and Baltim Southwest-2, in the Nile Delta region have been placed on production with a rate of around 190 million cubic feet per day and about 1300 barrels of...
Senegal Includes Disputed SOSP Block in Launched Licensing Round
Senegal >> 11/5/2019 - PetroNor notes the news that the authorities of Senegal have included the block Senegal Offshore Sud Profond (“SOSP”) in a recently launched licensing round covering all open blocks in Senegal’s offsh...
Shearwater Awarded South Africa Seismic Project by Total
South Africa >> 11/4/2019 - Shearwater GeoServices Holding AS has been given a conditional letter of award for a 2D seismic acquisition and fast-track processing project by Total E&P South Africa B.V. ...
Israel-Egypt Gas Pipeline Deal Seen Imminent
Israel-Egypt Gas Pipeline Deal Seen Imminent Egypt >> 11/3/2019 - A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said.

Texas-based Noble Energy, Israel’...
Tower Resources Announces Cameroon Operational Update
Cameroon >> 11/1/2019 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on operations on the Thali block in Cameroon. ...
Africa Oil Enters Into Amended Agreement to Increase its Interest in Deepwater Nigeria Fields
Nigeria >> 11/1/2019 - Africa Oil Corp. (AOI) is pleased to announce that it has entered into an amendment to the share purchase agreement (the "Amended SPA") signed on October 31st, 2018, between Petrobras International Br...
OPL 310 Licence Extension Terms Fulfilled
Nigeria >> 10/31/2019 - LEKOIL, the oil and gas exploration and development company with a focus on West Africa, announces that it has paid the US$7.5 million license extension fee for OPL 310 ("the Block") as mandated by th...
Sisi Issues Law for Oil Exploration in Ras Qattara
Egypt >> 10/30/2019 - President Abdel Fattah El Sisi issued Law No. 136 of 2019 authorizing the Minister of Petroleum and Mineral Resources in contracting with the Egyptian General Petroleum Corporation (EGPC) and the Egyp...
BW Energy Announces Revised Plan of Development for Ruche Phase 1
Gabon >> 10/30/2019 - BW Offshore Limited (BWO) is pleased to announce a revised Ruche development plan including the Hibiscus discovery which will accelerate production growth from the Dussafu license offshore Gabon. Unde...
Vaalco Provides Update on Drilling of Etame 9H Development Well
Gabon >> 10/30/2019 - VAALCO Energy, Inc. provided an update on its 2019/2020 drilling program Offshore Gabon. At the Etame field, the Company has begun drilling the Etame 9H horizontal development well targeting the Gamba...
NOC Starts Treating Water Associated with Produced Oil in Wahat Fields
Libya >> 10/30/2019 - National Oil Corporation’s General Department of Safety, Environment, Security and Sustainable Development has rolled out a detailed action programme of environmental remediation programmes in Wahat, ...
Tendrara Gas Sales Agreement: Signature of MOU
Morocco >> 10/30/2019 - Sound Energy has signed a memorandum of understanding for the sale of the Company's natural gas production in the Tendrara concession in Eastern Morocco. ...
Polarcus Secures 4D Seismic Project Offshore West Africa
Nigeria >> 10/30/2019 - Polarcus Limited announces that an award has been received for a 4D marine seismic acquisition project offshore West Africa. The project duration is approximately two months and is scheduled to commen...
Robust Development Economics for SNE Oil Field, Offshore Senegal
Senegal >> 10/30/2019 - FAR Limited releases the economic data for the development of the world class SNE oil field offshore Senegal. SNE, the world’s largest conventional oil discovery in 2014, is today recognised as a glob...
BOURBON and SONASURF Sign Partnership in Angola
Angola >> 10/29/2019 - BOURBON & SONASURF are proud to announce the signing of a 3-year cooperation agreement with TOTAL in Angola for the deployment of the Smart shipping program on 5 latest-generation supply vessels of th...
Assala has 4 Licence Renewals & New Exploration Acreage Acquisitions
Gabon >> 10/28/2019 - Assala Energy announced a 25-year renewal of four of its onshore production licences, as well as the acquisition of three new onshore exploration licences. ...
Egyptian Minister Confirms Return of Egyptian Oil Companies to Libya
Libya >> 10/28/2019 - NOC chairman Eng. Mustafa Sanalla met with Egyptian Minister of Petroleum Eng. Tariq Al-Mulla, and senior officials of the Egyptian Ministry of Petroleum, in Cairo. The meeting was held to further mut...
Orca-1 Exploration Well Makes Major Gas Discovery Offshore Mauritania
Mauritania >> 10/28/2019 - Kosmos Energy announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success rate from nine wells targ...
New Resources Discovered in the Gulf of Suez Offshore Egypt
New Resources Discovered in the Gulf of Suez Offshore Egypt Egypt >> 10/25/2019 - Eni announces the discovery of new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where the operating company Petrobel, equally held by Eni and by the Egyptian General Petro...
Commencement of Drilling Operations in Morocco
Morocco >> 10/25/2019 - SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the commencement of a 12 well drilling campaign, targeting a mean 15bcf of gross unrisked prospective resources, in its ope...

Asia Oil & Gas News

KrisEnergy Signs Agreement with BP for the Sale of its Participating Interest in the Andaman II PSC
Indonesia >> 11/19/2019 - KrisEnergy, and together with its subsidiaries, an upstream oil and gas company, refers to its announcement dated 29 October 2019 regarding its acceptance of a binding letter of offer for the disposal...
KBR Awarded First Commercial License for Vinyl Acetate Monomer Technology
China >> 11/18/2019 - KBR (KBR) has been awarded a contract for Vinyl Acetate Monomer (VAM) technology by Shenghong Refining Petrochemical (Lian Yun Gang) Co. Ltd., China. This is the first commercial VAM technology licens...
CNPC Signs Two Cooperation Agreements in Kazakhstan
CNPC Signs Two Cooperation Agreements in Kazakhstan Kazakhstan >> 11/18/2019 - CNPC signed a Memorandum on expanding cooperation with KazMunayGas (KMG) and a Memorandum on natural gas cooperation with the Ministry of Energy of the Republic of Kazakhstan and KazTransGaz, respecti...
McDermott Awarded Ethylene Technology & Extended Basic Engineering Contract
Russia >> 11/18/2019 - McDermott International, Inc. has been awarded a *sizeable technology contract from Baltic Chemical Company (BCC) and a *sizeable Extended Basic Engineering (EBE) contract from China National Chemical...
Gazprom Proposes Short-Term Gas Deal with Ukraine
Russia >> 11/18/2019 - Gazprom has sent a letter to Ukraine formally proposing either to extend a current deal supplying gas to the country for its own use and for transit to Europe or to sign a new one-year agreement, the ...
Contract Extension for "HAKURYU-14"
Indonesia >> 11/15/2019 - Jack-up drilling rig "HAKURYU-14" currently operating at Mahakam Block, Republic of Indonesia has been awarded a one-year contract extension by PT PERTAMINA HULU MAHAKAM. Such extension is expected to...
Lukoil Commissions Phase Three Facilities at Filanovsky Field
Russia >> 11/15/2019 - LUKOIL completed construction of the first well as part of Phase 3 of the development of the V. Filanovsky field in the Caspian Sea. The well was drilled with a floating jack up rig Neptune, mounted o...
Gazprom Neft Implements the World’s Best Refining Technologies at Omsk Refinery
Russia >> 11/15/2019 - The Gazprom Neft Omsk Refinery has taken delivery of 10 pieces of cutting-edge high-tech equipment for construction of a delayed coking unit. This new equipment is designed to produce components for a...
Senior Executives of Rosneft, BP, & Equinor Discuss Best Hydrocarbon Management Practices
Russia >> 11/14/2019 - Rosneft has held a seminar on “Corporate Concepts of Hydrocarbon Management”, which was attended by the Company’s senior executives and managing representatives of foreign energy majors, including BP ...
Baron Oil in Proposed Reverse Takeover Transaction with SundaGas
Singapore >> 11/14/2019 - Baron Oil Plc (BOIL) is pleased to announce that it has entered into a non-binding Heads of Agreement (HOA) with SundaGas Pte. Ltd. (SundaGas), as a result of which, subject to, among other matters, t...
KrisEnergy Signs LOA for Cambodia Apsara Oil Platform Fabrication
Cambodia >> 11/13/2019 - KrisEnergy Ltd, an independent upstream oil and gas company, is pleased to announce that its wholly owned subsidiary, KrisEnergy (Apsara) Company Limited, has signed a conditional letter of award with...
Coro Energy's Tambak-1 Well Successfully Appraises Mako Gas Field
Indonesia >> 11/13/2019 - Coro Energy has provided an operational update in relation to the drilling campaign in the Duyung Production Sharing Contract ('PSC') in the West Natuna basin, offshore Indonesia, in which Coro holds ...
Iran Installs 3rd Platform of South Pars Phases 22 to 24
Iran >> 11/13/2019 - Platform SPD-23, which is the third platform of the phases 22, 23, 24 of South Pars gas field (in the Persian Gulf) development project was installed at its designated offshore place in phase 23, on T...
MHI Aero Engines Makes First Shipment of Domestically Assembled Pratt & Whitney GTF PW1200G Engine
Japan >> 11/13/2019 - Mitsubishi Heavy Industries Aero Engines, Ltd. (MHIAEL), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has completed its assembly and first shipment of a Pratt & Whitney GTFTM PW1200G en...
ITOCHU Acquires Shares of Jamieson Manufacturing Co
Japan >> 11/13/2019 - ITOCHU Corporation (TOCHU) has acquired all of the issued and outstanding shares of Jamieson Manufacturing Corporation (“Jamison“), a U.S. based fence manufacturing and distribution company through it...
RN-Uvatneftegaz Discovers New Oil Field Sosnovoye
Russia >> 11/13/2019 - RN-Uvatneftegaz, a subsidiary of Rosneft Oil Company, has discovered a new oil field, Sosnovoye, with total C1+C2 reserves of 4.2 million tonnes. An industrial oil flow with a flow rate of more than 2...
ADNOC Signs Framework Agreement with Rongsheng to Explore Domestic and International Opportunities
China >> 11/12/2019 - The Abu Dhabi National Oil Company (ADNOC) has signed a broad Framework Agreement with China’s Rongsheng Petrochemical Co., Ltd. (Rongsheng) to explore domestic and international growth opportunities...
KBR's Proprietary ROSE® Technology Selected for Major Modernization Project at Refinery in India
India >> 11/12/2019 - KBR (KBR) announced that its market-leading ROSE® solvent de-asphalting (SDA) process will be integrated with LC-MAX technology, an advanced, patented, ebullated-bed residue upgrading process from Che...
Yokogawa Acquires Nanopipette Technology from US Venture
Japan >> 11/12/2019 - Yokogawa Electric Corporation has acquired a nanopipette*1 technology that was developed by BioStinger, Inc., a spin-off from the University of California, Santa Cruz. This technology is able to targe...
New Digital Field-Infrastructure Design System Introduced at Gazprom Neft
Russia >> 11/12/2019 - Gazprom Neft has developed a new digital technology for designing infrastructure at new assets. This innovative solution makes it possible to model the optimum location of field facilities, cutting co...
Exillon Energy's October Production Report
Russia >> 11/12/2019 - Exillon Energy plc ("Exillon Energy", the "Company" or the "Group") (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West ...
Capital Partnership between Marubeni and Interstellar Technologies
Japan >> 11/11/2019 - Marubeni Corporation (Marubeni) and Interstellar Technologies Inc. (hereinafter, “IST”) entered into a capital partnership via Marubeni’s investment in IST. IST is a venture company established in 200...
SKF Acquires Software Development Start-Up
Singapore >> 11/11/2019 - SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. ...
Iran Discovers New Oilfield in Khuzestan
Iran >> 11/10/2019 - Iranian President Hassan Rouhani announced the discovery of a new oilfield in the south-western province of Khuzestan. ...
Horizon Oil Completes WZ 6-12 M1 Exploration Well
China >> 11/8/2019 - Further to the announcement of 28 October 2019, Horizon Oil advises that the WZ 6-12 M1 exploration well, Beibu Gulf, People’s Republic of China, has been drilled to the target depth of 2025mMD and th...
Rosneft Introduces Position of Vice-President for Informatization, Innovation, and Localization
Russia >> 11/8/2019 - Rosneft Oil Company would like to inform that a single integral position of the Vice-President for Informatization, Innovation, and Localization has been adopted in the Company. ...
Gazprom & Uniper Discuss Gas Supplies and Nord Stream 2
Russia >> 11/8/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andreas Schierenbeck, Chairman of the Management Board of Uniper, took place today in St. Petersburg.
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Dayuewan (Zhuhai) Petrochemical Will Use Honeywell Technology to Upgrade Heavy Fuel Oil
China >> 11/7/2019 - Honeywell today announced at China International Import Expo (CIIE) 2019 that Dayuewan (Zhuhai) Petrochemical Co., Ltd., a subsidiary of China Grain Petrochemical Group, will use a range of technologi...
McDermott's Lummus Technology Awarded Petrochemicals Contract in China
China >> 11/7/2019 - McDermott International, Inc. (MDR) has been awarded a sizeable technology contract by Formosa Chemicals Industries Ningbo Limited for the technology license and basic engineering services for a grass...
Gazprom Neft Developing High-Tech Bitumen Production Technologies
Russia >> 11/7/2019 - Gazpromneft Bitumen Materials, operator of the Gazprom Neft bitumens business, has signed a Cooperation Agreement with the Transport and Construction Complex Research Institute (an independent non-com...
Air Liquide & Sinopec Sign an MoU in China
China >> 11/6/2019 - Air Liquide and Sinopec (China Petroleum & Chemical Corp.) have signed, in Beijing, in the presence of Emmanuel Macron, President of the French Republic, and Xi Jinping, President of the People's Repu...
Alexey Miller & Germany’s Government Commissioner Discuss Gas Cooperation
Russia >> 11/6/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Georg Graf Waldersee, Commissioner of the Federal Government of the Federal Republic of Germany for Gas Trans...
Plans to Liquidate Petro-Diamond Singapore (Pte) Ltd.
Singapore >> 11/6/2019 - Mitsubishi Corporation (MC) has decided to plan to liquidate one of its subsidiaries based in Singapore, Petro-Diamond Singapore (Pte) Ltd. (PDS). ...
Andalas Energy and Power Provides Operations Update on the Betun Selo KSO
Indonesia >> 11/5/2019 - Andalas Energy and Power has announced an operations update on the Betun Selo KSO, in which it has a production interest further to the agreement announced on 21 June 2019. The Company is currently un...
1st Olefin Furnace of Ilam Petchem Plans Online
Iran >> 11/5/2019 - The CEO of Ilam Petrochemical Company said that Furnace I of the olefin unit of the complex had come online. ...
Velesto Secures Jack-up Deal with Hess
Malaysia >> 11/5/2019 - The Board of Directors of Velesto Energy Berhad (VEB) is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which i...
RN-Yuganskneftegaz Applies Double-Column Drilling Technology in Construction of Fishbone Well
Russia >> 11/5/2019 - For the first time, the experts of RN-Yuganskneftegaz have built a horizontal multilateral double-column well with many side holes using the Fishbone technology. ...
Sonoro Energy Assumes Full Operations of the Selat Panjang Oil & Gas Concession
Indonesia >> 11/4/2019 - Sonoro Energy, through a wholly owned subsidiary company Zamatra Bakau Straits, along with its Indonesian co-venturer, has announced that it is in the process of assuming full operations of the Selat ...
DNV GL Reaffirms Highest Level of Integrity of Nord Stream Pipeline
Russia >> 11/1/2019 - The leading global quality assurance and risk management company DNV GL has extended the certificate of conformity to the offshore standard for underwater pipelines DNV-OS-F101 for the Nord Stream gas...
SIBUR Closes Sale of Togliatti-Based Petrochemical Facilities to Tatneft
Russia >> 11/1/2019 - SIBUR and Tatneft have closed the sale and purchase of certain production and other assets that to date have been registered in the name of SIBUR Togliatti and Togliattisintez legal entities. ...

Global Oil & Gas News

Energean Will Import & Supply Karish Natural Gas to Cyprus
Cyprus >> 11/19/2019 - Energean Oil & Gas plc is pleased to announce that its subsidiary Energean International has submitted to the authorities of the Republic of Cyprus, applications to import and supply natural gas to Cy...
CGG Announces Largest OBN Multi-Client Survey in UK CNS
United Kingdom >> 11/19/2019 - CGG announced a program to deliver the largest OBN multi-client survey ever conducted in the UK Central North Sea (CNS). Planned to start in early 2020, the survey has already received significant ind...
Expro Awarded Contract Extension with INPEX, offshore Australia
Australia >> 11/18/2019 - International oilfield services company Expro has secured a contract extension to supply well test and subsea services for INPEX-operated, Ichthys LNG. ...
Woodside & BHP Agree Tolling Price for Scarborough Gas
Australia >> 11/18/2019 - Woodside and BHP have agreed the tolling price for processing gas from the Scarborough offshore field at the Pluto LNG facility on Western Australia’s Burrup Peninsula. The tolling price is valid to 3...
Shearwater GeoServices Awarded Largest-Ever 4D Campaign in the Asia Pacific Region by Woodside
Australia >> 11/18/2019 - Shearwater GeoServices has been awarded the largest-ever 4D seismic campaign in the Asia Pacific region covering up to six fields operated by Woodside in Australia. ...
ADX Energy Receives Final Government Approvals for the Transfer of RAG Production Assets
Austria >> 11/18/2019 - The transfer of the production licence for the Zisterdorf and Gaiselberg fields from RAG to ADX has been received from the relevant Austrian authority. ...
Axens & Corys Enter into a Joint Collaboration for Digital Solutions for Process Industries
France >> 11/18/2019 - Axens and CORYS have entered into a global exclusive collaboration agreement to develop and commercialize advanced simulation and training solutions for Axens process technologies based on CORYS’ INDI...
OMV Agrees to Divest its Stake in the Maari Field
New Zealand >> 11/18/2019 - OMV, the international integrated oil and gas company headquartered in Vienna, has agreed to sell its 69% interest in the Maari Field, located in New Zealand’s offshore Taranaki Basin, to Jadestone En...
Touchstone Announces Coho-1 Gas Test of 17.5 mmcfd
Trinidad and Tobago >> 11/18/2019 - Touchstone Exploration Inc. provides production test results for the Coho-1 well on the Ortoire exploration block, onshore in the Republic of Trinidad and Tobago. ...
Gulf Keystone Petroleum Names CFO
United Kingdom >> 11/18/2019 - Gulf Keystone Petroleum Ltd. (GKP) Appointment of Chief Financial Officer Gulf Keystone is pleased to announce the appointment of Ian Weatherdon as Chief Financial Officer ("CFO"). ...
DOF Gets Contracts for Four Offshore Vessels
United Kingdom >> 11/18/2019 - DOF (UK) Limited has been awarded a contract for up to six months work for the Skandi Barra by an undisclosed client. Commencement is planned for late November 2019. ...
Acquisition of Shares in DOF Subsea AS
United Kingdom >> 11/18/2019 - DOF ASA has entered into a share purchase agreement with FR Dolphin Lux Holding S.?.r.l., owner of 51,131,358 shares in DOF Subsea AS, and Dolphin Invest 2 AS, owner of 7,538,163 shares in DOF Subsea ...
INPEX-Operated Ichthys LNG Project Reaches 100th LNG Cargo Shipment Milestone
Australia >> 11/15/2019 - INPEX has announced that the 100th shipment of liquefied natural gas (LNG) has departed from the INPEX-operated Ichthys LNG Project’s onshore gas liquefaction plant in Darwin in the Northern Territory...
Igor Sechin Participates in BRICS Summit in Brazil
Brazil >> 11/15/2019 - During the visit of the President of the Russian Federation Vladimir Putin to the BRICS summit in Brazil, the Chief Executive Officer of PJSC Rosneft Oil Company Igor Sechin as part of the Russian del...
Shawcor Announces Letter Of Intent to Provide Pipe Coating Services for Payara Project
Guyana >> 11/15/2019 - Shawcor Ltd. (SCL) announced that its pipe coating division has entered into a detailed letter of intent with Saipem for the proposed Payara development project located in the Stabroek block offshore ...
Aker Solutions & Leading Operators Join Forces to Qualify Subsea Gas Separation
Norway >> 11/15/2019 - Aker Solutions and a group of the world’s leading oil and gas operators have come together in a joint industry project with the aim of making subsea gas separation a reality. ...
Buying Inspection Services for NOK 3.5 billion
Norway >> 11/15/2019 - Equinor has today chosen suppliers for inspection services on all offshore installations on the Norwegian continental shelf and onshore plants in Norway. The frame agreements are scheduled to be signe...
BP Trinidad & Tobago Makes Gas Discovery in Trinidad and Tobago
Trinidad and Tobago >> 11/15/2019 - BP Trinidad & Tobago (BPTT) announced that it has made a gas discovery with the Ginger exploration well, offshore Trinidad. The well is expected to be completed by the end of November 2019. The resul...
DNO Increases North Sea Financing Facilities
United Kingdom >> 11/15/2019 - DNO ASA, the Norwegian oil and gas operator, announced that its wholly owned subsidiary, DNO North Sea plc, formerly Faroe Petroleum plc, has increased and extended its reserve based lending (RBL) fac...
Subsea 7 S.A. Treasury Shares
United Kingdom >> 11/15/2019 - Subsea 7 S.A. transferred 7,346 shares from treasury to satisfy employee share awards under the Company’s Long-term Incentive Plan. Following the above transfer, the number of common shares held in tr...
PGS Completes Acquisition of GeoStreamer X Viking Graben Survey
United Kingdom >> 11/15/2019 - The acquisition phase is now complete on the PGS GeoStreamer X Viking Graben survey, with the first data due in Q1 2020. Further GeoStreamer X projects are planned for 2020 in Europe and other regions...
Petrobras Announces Start of P-68 Operation
Brazil >> 11/14/2019 - Petrobras started today (14/11), through platform P-68, the production of oil and natural gas from the Berbig?o field, in the Santos Basin pre-salt. ...
Saipem Awarded New Subsea Contract in Guyana
Saipem Awarded New Subsea Contract in Guyana Guyana >> 11/14/2019 - Saipem has been awarded a subsea contract by ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (“EEPGL”) for the proposed Payara development project located in the Stabroek block of...
Premier Oil Announces Trading & Operations Update
Mexico >> 11/14/2019 - Premier provides a Trading and Operations Update for the 10 months to 31 October 2019. ...
Air Liquide, DLVA & ENGIE are Entering into an Ambitious Partnership
France >> 11/13/2019 - Air Liquide, the Durance, Luberon, Verdon urban area (DLVA) and ENGIE are signing a cooperation agreement to develop the “HyGreen Provence” project which aims at producing, storing and distributing gr...
Update on Initial Analysis of Jethro and Joe Wells
Guyana >> 11/13/2019 - Eco (Atlantic) Oil & Gas Ltd. (ECO) is pleased to provide an additional operational update following initial well results analysis on its two recent oil discoveries in Guyana. ...
Maersk Drilling Awarded Two-Well Contract in Trinidad
Maersk Drilling Awarded Two-Well Contract in Trinidad Trinidad and Tobago >> 11/13/2019 - Maersk Drilling has entered a contract with BG International Ltd., a subsidiary of Shell, for work offshore Trinidad and Tobago on a two-well development project for the semi-submersible rig Marsk Dev...
Ecopetrol & Occidental Complete Investment Agreement in US
United States >> 11/13/2019 - Ecopetrol S.A. (BVC: ECOPETROL;NYSE: EC) informs that it completed the joint venture transaction announced last July 31, 2019. Through this deal, the Company and Occidental Petroleum Corp (OXY) agree...
MODEC, Mitsui, MOL & Marubeni to Invest in FPSO Charter Project
Brazil >> 11/12/2019 - MODEC, Inc. (MODEC,), Mitsui & Co., Ltd. (Mitsui), Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation (Marubeni) have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter busi...
Eni Takes Step for Optimization of Field Monitoring, Development & Production
Italy >> 11/12/2019 - Eni announces the industrial deployment of ECHELON, an advanced dynamic reservoir simulator, for optimization of field monitoring, development and production. ECHELON software allows to run thousands ...
ConocoPhillips Makes Oil & Gas Discovery Near the Balder Field
Norway >> 11/12/2019 - ConocoPhillips Scandinavia, operator of production licence PL 782 S, has concluded the drilling of wildcat well 25/7-7. The well was drilled about 15 kms northwest of the Balder field in the central p...
TechnipFMC Enters into MOA to Sell the G1201 Subsea Vessel
United Kingdom >> 11/12/2019 - TechnipFMC (FTI) announced its intent to sell the G1201 vessel as part of its overall strategy to optimize the profile and size of its subsea fleet. Following the recent announcement of the Company’s ...
Rolls-Royce & Sunseeker Sign Frame Agreement for MTU Engines
United Kingdom >> 11/12/2019 - Rolls-Royce and British luxury yacht manufacturer Sunseeker International have signed a new frame agreement for the supply of MTU yacht engines. The contract, signed during the Fort Lauderdale Boat Sh...
Woodside Approves Pluto- NWS Interconnector Pipeline
Australia >> 11/11/2019 - Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector and has entered into contractual arrangements with DDG Operations Pty Ltd f...
Strategic Cooperation Agreement with Daewoo Co. Ltd for Onshore Projects
Italy >> 11/11/2019 - Saipem and Daewoo E&C Co. Ltd have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector. ...
Maersk Drilling Awarded One-Well Exploration Contract by MOL
Norway >> 11/11/2019 - Maersk Drilling has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by M...
Wintershall Dea Given Consent for Exploration Drilling in the Norwegian Sea
Norway >> 11/11/2019 - Norway's Petroleum Safety Authority has given Wintershall Dea consent for the exploration drilling of two wells in the Norwegian Sea. The wells 6604/5-2 S and 6604/6-1 will be drilled in production li...
Centrica, SWM Launch Sale of North Sea Oil Producer Spirit Energy
United Kingdom >> 11/11/2019 - Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea’s biggest oil and gas producers, according to a document sent to prospective buy...
Rolls-Royce Enters Partnership with 2G Energy in Gas-Powered Generators Sets
United Kingdom >> 11/11/2019 - The Power Systems business unit of technology group Rolls-Royce sealed a contract of cooperation with 2G Energy, specialist in gas-powered generator sets and CHP modules based in Heek in North Rhine-W...
New Service for Monitoring Multiphase Flow Meters in Shale Operations
United States >> 11/11/2019 - Oil and gas producers have a new means of optimizing wellhead production that lowers operating costs while increasing safety, thanks to a newly launched service from Emerson that leverages cloud-based...

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