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Middle East Oil & Gas News

Energean Announced the Karish FPSO Hull Sailed from China
Israel >> 4/3/2020 - Energean Oil and Gas plc (ENOG) the oil and gas producer focused on the Mediterranean, is pleased to announced that its FPSO hull sailed away from the COSCO yard in China. ...
Lebanon Extends Deadline for Licensing Due to COVID-19
Lebanon >> 4/3/2020 - The Lebanese Petroleum Administration (LPA) has announced a postponement of the closing date for its ongoing second offshore exploration licensing round in response to the spread of COVID-19 worldwide...
Receipt of Payment for KRI Oil Exports
Iraq >> 4/2/2020 - Genel Energy plc announces that full payment has been received from the Kurdistan Regional Government ('KRG') for oil sales during October 2019. The Taq Taq partners have received a gross payment of $...
Receipt of Payment for KRI Oil Exports
Iraq >> 4/1/2020 - Genel Energy plc notes the announcement by the operator of the Tawke licence, DNO ASA, that the Tawke field partners have received $77.2 million from the Kurdistan Regional Government as payment for O...
Aramco Records to Supply 15 Tankers with over 18.8M Barrels of Oil
Saudi Arabia >> 4/1/2020 - As the world demands economic stability, Aramco remains committed to supplying the world with energy. The Company is breaking records, to supply 15 tankers loading more than 18.8 million barrels of...
Polarcus Awarded XArray™ 3D Project in North West Europe
United Arab Emirates >> 4/1/2020 - Polarcus Limited announces the award of an XArray™ 3D marine seismic acquisition project in North West Europe commencing in Q2 2020 with a duration of approximately 3 months.
Polarcus COVID-19 Response and 2020 Cost Reduction Plan
United Arab Emirates >> 3/31/2020 - Polarcus Limited announces enhanced business continuity measures and a USD 15 million cost reduction plan to navigate the current uncertainty facing the marine seismic acquisition market due to the co...
Axxis Geo Solutions Awarded Extension to Middle East Contract
Saudi Arabia >> 3/19/2020 - Reference is made to notification from Axxis Geo Solutions ASA (AGS) dated 30 December 2019 concerning a contract for 3D ocean bottom node (OBN) seismic acquisition survey in the Middle East.

...
DNO To Complete $100M Peshkabir-to-Tawke Gas Capture Project in April 2020
Iraq >> 3/18/2020 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity.

DNO has stated that it remains committed to comple...
Zion Oil & Gas Purchases Drilling Rig for Israel Operations
Israel >> 3/18/2020 - Zion Oil & Gas, Inc. (Nasdaq: ZN) announces they (i) entered into a Purchase and Sale Agreement on March 12, 2020, for a drilling rig, drill pipe, and related equipment for $5.6 million in cash, and (...
Gulf Keystone Suspends Shaikan Field Drilling Activities
Iraq >> 3/16/2020 - The Company has been closely monitoring the Coronavirus (COVID-19) situation in the Kurdistan Region of Iraq. Gulf Keystone's priority is the welfare of its staff, contractors and the communities clo...
Project in Asia Pacific Cancelled
United Arab Emirates >> 3/16/2020 - Polarcus Limited refers to its announcement dated 23 December 2019 regarding the award of an XArray™ marine seismic acquisition project in the Asia Pacific region commencing in Q2 2020.

Th...
Opec+ Is Capable of Unleashing 2.5M Extra Bpd on the Market
Saudi Arabia >> 3/11/2020 - Oil prices could fall into the low $20s for the global market to rebalance, as Rystad Energy expects an increase in global supplies in the next three months. OPEC+ countries are locked and loaded to a...
ADNOC Positioned to Increase Supply to Over 4 MMBPD in April 2020
United Arab Emirates >> 3/11/2020 - ADNOC Group CEO, H.E. Dr. Sultan Ahmed Al Jaber comments on recent market developments: ...
Fujairah Light Distillate Slump Leads Weekly Drop in Product Stocks
United Arab Emirates >> 3/11/2020 - Refined oil product stockpiles at the Middle East hub of Fujairah fell 6.8 percent in the week to 9th March, led by a drop in light distillates amid signs that Middle East supplies of naphtha and gaso...
Qatar Petroleum to Acquire Yara’s 25% Stake in QAFCO
Qatar >> 3/8/2020 - Qatar Petroleum announced that it has entered into a binding agreement to acquire Yara’s 25% stake in Qatar Fertiliser Company (“QAFCO”). The transaction will mark the conclusion of a successful, long...

Africa Oil & Gas News

The Gas Filling of the GR7 Pipeline
The Gas Filling of the GR7 Pipeline Algeria >> 4/4/2020 - SONATRACH successfully proceeded, to gas the GR7 / 48 '' “Expansion of STC GR5” gas pipeline with a length of 344 km connecting the Cutting station N ° 4 (PC4) located in El Menia in the wilaya of Adr...
Tullow Provides Business Update - Further Cost Savings Identified
Ghana >> 4/3/2020 - Tullow Oil plc provides this update following the successful completion of its RBL redetermination and identification of further cost savings as the company continues to adapt to the challenging exter...
Update on Agreement with the Tamraz Group
Ghana >> 4/3/2020 - Further to the November 2019 EGM, and subsequent Regulatory News Statements, the directors of Petrel Resources plc wish to update shareholders on their understanding with the Tamraz Group on a way for...
PGS Completes Acquisition on Kwanza Shelf & Releases Fast-Track Data
Angola >> 4/2/2020 - PGS announced the completion of acquisition on its MC3D Kwanza Shelf survey offshore Angola. Total GeoStreamer coverage in Blocks 6, 7 and 8 and the surrounding areas of the Kwanza Shelf is now 8 300 ...
United Oil & Gas Provides Operational & Corporate Update
United Oil & Gas Provides Operational & Corporate Update Egypt >> 4/2/2020 - United Oil & Gas Plc (UOG) is pleased to provide an operational and corporate update to shareholders including the commencement of gas production at the Al Jahraa Field in the Company's 22%-owned Abu ...
Transglobe Energy Announces Operations & Corporate Update
Transglobe Energy Announces Operations & Corporate Update Egypt >> 4/2/2020 - TransGlobe Energy Corporation (TGA) (“TransGlobe”) announces a Q1 financial, operations and corporate update. All dollar values are expressed in US dollars unless otherwise stated. ...
Update re Tendrara Gas Sales Agreement MOU
Morocco >> 4/1/2020 - 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...
Predator Oil and Gas Provides Update on Trinidad & Morocco
Morocco >> 3/31/2020 - Predator Oil & Gas Holdings Plc (PRD) provides the following company update to the market in light of the ongoing worldwide situation with regard to the Coronavirus.

The fundamentals of th...
Letter of Intent for $2 million Investment
Tunisia >> 3/31/2020 - Zenith Energy Ltd., has signed a non-binding Letter of Intent ("LOI") with an Arab consortium of strategic institutional investors focused on African development opportunities, to provide an investmen...
Tower Resources Announces Farm-out Update
Cameroon >> 3/30/2020 - Tower Resources plc, the AIM-listed oil and gas company with its focus on Africa, is pleased to announce updates in respect of its Thali Production Sharing Contract ("PSC") in Cameroon, conducted thro...
Arbitration Update
Senegal >> 3/30/2020 - FAR Limited advises that, in respect of the ICC arbitration in the International Court of Arbitration between FAR and Woodside Energy Senegal BV, the parties have agreed to a settlement of the dispute...
FAR Corporate Update
Senegal >> 3/30/2020 - The COVID-19 pandemic combined with the precipitous fall in Brent oil price by over 60% since January 2020 has adversely impacted global financial markets including the global availability of credit. ...
Fire in Hassi-Messaoud well: the Fire Completely Contained
Algeria >> 3/27/2020 -  The fire declared at the MD244 oil well in the Hassi Messaoud region has been completely contained, said a press release from the SONATRACH group on Friday, reassuring that no human damage had been r...
Bowleven Announces Preliminary Results & Update on its Operations in Cameroon
Cameroon >> 3/27/2020 - Bowleven, the Africa focused oil and gas exploration Group traded on AIM, announces its unaudited interim results for the six months ended 31 December 2019. ...
Operational Update – 2020 Reduced Capital Expenditure
Senegal >> 3/27/2020 - Further to its Preliminary Results disclosure on March 10, 2020 and in light of current market conditions, Cairn is proactively reviewing each of its assets and related capital expenditure programmes....
COVID-19 & Cheap Oil are Set to Hit New Projects & Slash State Budgets in Africa
Nigeria >> 3/26/2020 - Most of Africa’s top planned oil and gas projects were expecting sanctioning under an oil price assumption of between $55 and $60 per barrel. Now, with oil prices falling to below their break-even cos...
VAALCO Completes Successfully Its 2019/2020 Drilling Program
Gabon >> 3/25/2020 - VAALCO Energy, Inc. provided an update on the successful completion of its 2019/2020 drilling program as well as an operational update. ...
FAR Suspends Gambia Drilling & Delays Sangomar Development Plans
Gambia >> 3/25/2020 - FAR Limited has implemented plans to ensure business continuity and preserve the Company’s cash (~A$150M at end of February 2020) in the wake of the COVID-19 pandemic and recent crash in oil price. ...
Conex Agreed to Buy Total's Liberia, Sierra Leone Businesses
Liberia >> 3/25/2020 - Liberia’s Conex Oil and Gas Holdings had signed a deal to acquire the Liberian and Sierra Leonean fuel businesses of France’s Total. Gasoline shortages this year have brought much of the country to a ...
Renegotiation of Tilapia acquisition
Congo >> 3/24/2020 - Zenith Energy Ltd., has entered into a conditional Deed of Variation (the "Deed of Variation") to amend the terms of the consideration (the "Consideration") payable for the acquisition of an 80 per ce...
Tullow Terminates Maersk Venturer Drilling Contract Offshore Ghana
Tullow Terminates Maersk Venturer Drilling Contract Offshore Ghana Ghana >> 3/24/2020 - Maersk Drilling has received a notification from Tullow Ghana Ltd. of early termination for convenience of the drilling contract for the drillship Maersk Venturer. Since February 2018, Maersk Venturer...
Africa Energy to Participate in Multi Well 2020 Exploration Campaign
South Africa >> 3/24/2020 - Africa Energy Corp., an oil and gas company with exploration assets offshore South Africa and Namibia, announces financial and operating results for the year ended December 31, 2019. ...
Coronavirus, Gas Slump Put Brakes on Exxon's Giant Mozambique LNG Plan
Mozambique >> 3/21/2020 - Exxon Mobil is likely to delay the greenlighting of its $30 billion liquefied natural gas (LNG) project in Mozambique as the coronavirus disrupts early works and a depressed gas market makes investors...
Eastern Morocco Update
Morocco >> 3/20/2020 - Sound Energy, the Moroccan focused upstream gas company, is pleased to provide the following Eastern Morocco update, confirming receipt of a further Environmental Impact Assessment ("EIA") approval an...
Project in West Africa Terminated
Nigeria >> 3/20/2020 - Polarcus Limited refers to its announcement dated 1 November 2018 regarding the award of a 3D marine seismic acquisition project offshore West Africa. The client has decided to cease operations on the...
Serinus Energy Provides Update of Romania & Tunisia Operations
Tunisia >> 3/20/2020 - Serinus Energy Plc provides an update on its operations in Romania and Tunisia. ...
SDX Energy Provides Update on Drilling Operations in Morocco & Egypt
SDX Energy Provides Update on Drilling Operations in Morocco & Egypt Egypt >> 3/19/2020 - SDX Energy Plc (SDX), the MENA-focused oil and gas company, is pleased to provide the following update on its drilling operations in Morocco and Egypt. ...
Operational Update and 50% Capital Expenditure Reduction for 2020
Gabon >> 3/18/2020 - BW Energy Limited announces adjustments to the development program on the operated Dussafu Marin license in Gabon in response to the spread of the coronavirus (COVID-19) and restrictions on internatio...
Panoro Announces Impact of Coronavirus (COVID-19) on Operations and Corporate Update
Tunisia >> 3/18/2020 - Panoro Energy ASA provides a corporate and core operations update in response to the Coronavirus (COVID-19) pandemic and concurrent low oil price environment. ...
Kosmos Provides Operational Updates
Mauritania >> 3/17/2020 - Following the announcement of Kosmos Energy 's full year 2019 results on February 24, 2020, the company is providing an operational update. ...
Signature of a MoU between Sonatrach & Chevron
Signature of a MoU between Sonatrach & Chevron Algeria >> 3/16/2020 - SONATRACH and CHEVRON proceeded, to the signing of a memorandum of understanding to initiate joint discussions on the opportunities concerning the exploration, development and exploitation of hydrocar...
PetroNor Provides Corporate Update
Congo >> 3/16/2020 - PetroNor E&P Limited provides a corporate update that addresses price sensitivity of operations in the current low oil price environment. ...
Libya's state oil firm says jet fuel illegally shipped to east
Libya >> 3/16/2020 - A shipment of jet fuel has been imported into eastern Libya from the United Arab Emirates in breach of an arms embargo and other international agreements, Libya’s NOC state oil company said. ...
Libya Fuel Shortages
Libya >> 3/16/2020 - NOC is concerned about a likely fuel shortage in the near future after the forced reduction of local production, the Zawiya refinery shut down and the lack of government funding to import sufficient f...
Cameroon Reserves Report Update
Cameroon >> 3/13/2020 - Tower Resources plc has received an updated independent Reserves Report (the "2020 Reserves Report") from Oilfield International Limited ("OIL") on behalf of the Company's wholly owned subsidiary, Tow...
Zenith Provides Update on Acquisitions
Congo >> 3/12/2020 - Zenith Energy Ltd., the international oil & gas production company, provides the following update in view of the recent volatility in oil prices and financial markets.

As announced to the ...
Apache Announces Revised Capital Guidance and Dividend Reduction
Apache Announces Revised Capital Guidance and Dividend Reduction Egypt >> 3/12/2020 - Apache Corporation (NYSE, Nasdaq: APA) today announced multiple actions being taken in response to the current oil price environment. The company reduced its 2020 capital investment plan to a range of...
TechnipFMC Awarded Integrated EPCI Contract for Platina Field
TechnipFMC Awarded Integrated EPCI Contract for Platina Field Angola >> 3/10/2020 - TechnipFMC has been awarded a significant(1) integrated Engineering, Procurement, Construction and Installation (iEPCI™) contract from BP Angola for the Platina field development, located offshore Ang...
SDX Announces Result of Rabul-3 Well
SDX Announces Result of Rabul-3 Well Egypt >> 3/10/2020 - SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the result of its Rabul-3 well in the West Gharib Concession in Egypt (SDX 50% Working Interest & Joint Operator). ...
Panoro Energy Provides Corporate Update
Gabon >> 3/10/2020 - Panoro Energy ASA provides a corporate update in the current low oil price environment: ...

Asia Oil & Gas News

Drilling of Six Oil Wells Was Completed in the First Half of April
Iran >> 4/4/2020 - The drilling and completion of six oil wells was completed from April 1st to April 15th by using the rigs of the National Iranian Drilling Company in the oil-rich areas.

According ...
Large Wind-power Plant with Yokogawa Control System Comes Online
Japan >> 4/2/2020 - Yokogawa Electric Corporation announces that Yokogawa Solution Service Corporation, a wholly owned subsidiary, has installed a Yokogawa control system for one of Japan's largest wind-power plants, and...
McDermott Announces Early First Gas on ONGC's 98/2 Block Project
India >> 4/1/2020 - McDermott International, Inc. announced that early first gas has been achieved on India's Oil and Natural Gas Corporation's (ONGC) 98/2 Block in the Krishna Godavari Basin, offshore India. ...
Rig Utilization Could Fall by 18% in Southeast Asia in 2020
Indonesia >> 3/31/2020 - Southeast Asia’s rig market, which was poised for growth in 2020, is now set for decline. Several oil companies have already made significant cuts to their 2020 capex budgets due to the impact of the ...
SOCAR & Equinor Confirm Participation in the Development of Karabagh Field
Azerbaijan >> 3/30/2020 - President of SOCAR Rovnag Abdullayev met with Head of Equinor Representative Office in Azerbaijan Fawad Quraishi. They have discussed the issues related to the discovery of Karabagh oil field and exch...
Aker Secures Brownfield Services Contract in Brunei
Aker Secures Brownfield Services Contract in Brunei Brunei Darussalam >> 3/30/2020 - Aker Solutions, in a joint venture with PTAS Sdn Bhd, has signed a five-year agreement to provide offshore maintenance and modification services to Brunei Shell Petroleum (BSP). Scope of work covers m...
Tendeka Secures Thailand Completion Contract from Mubadala
Thailand >> 3/30/2020 - Independent global completions service company Tendeka has signed a three-year contract with Mubadala Petroleum to supply sand-face completion equipment in Thailand. The deal will see Tendeka supply i...
Vestas Secures 4th Intertidal Wind Project & 1st 20Y Service Contract
Vietnam >> 3/27/2020 - Maintaining its successful momentum with 200 MW order intake in Vietnam last year, Vestas has now secured its fourth intertidal project in the country with a 29 MW order with Sigma Engineering Joint S...
Block Energy Acquires 2 Adjacent Blocks from Schlumberger
Georgia >> 3/26/2020 - Block Energy Plc has entered into a sale and purchase agreement ("SPA") with Schlumberger B.V. to acquire its subsidiary Schlumberger Rustaveli Company Limited ("SRCL")("the Acquisition"). Of the thre...
Eni Starts Commercial Production at Badamsha Wind Farm Site
Kazakhstan >> 3/26/2020 - Eni, through its local renewable subsidiary ArmWind LLP, started the commercial production of the Badamsha Wind Farm located in North-West Kazakhstan, in the Aktobe Region. Badamsha Wind Farm has a ca...
OMV Decides on Action Plan to Safeguard Financial Strength
Russia >> 3/26/2020 - The global spread of the coronavirus has abruptly transformed people’s lives and significantly worsened the economic environment. OMV is responding to this situation with targeted measures to safeguar...
CNOOC Limited's Production & Reserves Hit Record High
China >> 3/25/2020 - CNOOC Limited announced its 2019 annual results for the year ended December 31, 2019. In 2019, CNOOC Limited has achieved remarkable results, with multiple operating indicators reached a record level ...
McDermott Awarded Contract for Chevron Lummus Global Technology
McDermott Awarded Contract for Chevron Lummus Global Technology China >> 3/25/2020 - McDermott International, Inc. announced that Chevron Lummus Global (CLG), McDermott's joint venture with Chevron, has been awarded a sizeable* contract by a Southeast Asian refiner for the license, en...
Execution of Study Agreement with PETRONAS
Malaysia >> 3/25/2020 - JX Nippon Oil & Gas Exploration Corporation ("JX") has, in collaboration with Japan Oil, Gas and Metals National Corporation ("JOGMEC"), executed a Study Agreement ("SA") with Petroliam Nasional Berah...
Petro Matad Provides Update on Mongolia Operations
Mongolia >> 3/23/2020 - Petro Matad Limited, the AIM quoted Mongolian oil explorer, is pleased to provide an operational update on its activities in Mongolia. ...
Five PGS Surveys Support Indonesia 2020 Licensing Round
Indonesia >> 3/20/2020 - New data is now available for five recently acquired PGS MultiClient 3D surveys over basins spanning the Indonesian archipelago. All provide significant uplifts in seismic data quality, based on GeoSt...
SOCAR & Equinor Confirm Discovery of Karabagh Oil Field
SOCAR & Equinor Confirm Discovery of Karabagh Oil Field Azerbaijan >> 3/19/2020 - SOCAR and Norway’s Equinor have confirmed a discovery of Karabagh field located 120 kilometers offshore, east of Baku, in the Azerbaijan sector of the Caspian Sea. ...
PGNiG & PST Included in Nord Stream 2 Derogation Procedure
Russia >> 3/19/2020 - Polish Oil and Gas Company (PGNiG) and its German subsidiary PGNiG Supply & Trading have been allowed to join a procedure in which Nord Stream 2 is seeking a derogation from the European Union’s Third...
Revised 2020 Capex Guidance and Update on the Southwest Vietnam Gas Development
Vietnam >> 3/19/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, provides an update on its 2020 capital expenditure guidance.

In light of current ...
TEPCO & Orsted to Establish JV Company for Offshore Wind
Japan >> 3/18/2020 - Tokyo Electric Power Company Holdings, Incorporated (TEPCO), the largest power company in Japan, and Orsted A/S, the world's leading offshore wind developer, announced that they have agreed to establi...
Foreign Investors Flocking to Uzbekistan Renewable Energy Projects
Uzbekistan >> 3/17/2020 - The Ministry of Energy of Uzbekistan is pleased to share an update on progress towards the country's ambitious aim of generating a quarter of all electricity from renewable sources, by 2030. ...
CNOOC Limited Announces A Large-sized Discovery Kenli 6-1 in Bohai
CNOOC Limited Announces A Large-sized Discovery Kenli 6-1 in Bohai China >> 3/16/2020 - CNOOC Limited made a large-sized discovery Kenli 6-1 in Bohai Bay, which is expected to be the first large-sized oil filed in Laibei lower uplift.

The Kenli 6-1 ...
Five Dead in Fire at Petronas-Aramco Refining Complex in Malaysia
Malaysia >> 3/16/2020 - A fire killed five people at an oil refining complex in southern Malaysia owned by Petronas and Saudi Aramco commercial operations this year. ...
NOVATEK Reached Milestone of One Trillion Cubic Meters
Russia >> 3/16/2020 - PAO NOVATEK (NOVATEK) announced that the Company has reached a milestone of one trillion cubic meters in cumulative natural gas production since commencing its natural gas field development program. ...
PetroNeft Resources Announces Operational Update in Licence 67
Russia >> 3/16/2020 - PetroNeft (PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to announce the successf...
Abadan Oil Refinery Expansion Work to Be Halted Until Mid-April
Iran >> 3/14/2020 - Iran has decided to halt work on the expansion of its Abadan oil refinery until mid-April as part of measures to contain the new coronavirus outbreak. Iran contracted China’s Sinopec in 2017 to carry ...
EPI Group Opens Dataroom for Companies Interested in Opportunities in Georgia
Georgia >> 3/12/2020 - During APPEX 2020 in London, EPI Group together with Georgia Oil and Gas organised a Lunch & Learn to present one of the most exciting plays in onshore Europe. The event that was held at the Fox on Gr...
Husky Cuts 2020 Spending By $1 Billion
Indonesia >> 3/12/2020 - Husky Energy is taking a series of actions to fortify its business in response to challenging global market conditions. ...
Update on Implementation of the Company’s Omsk Catalyst Project
Russia >> 3/12/2020 - The Gazprom Neft Board of Directors has been updated on progress on the construction of Russia’s first modern oil-refining catalyst-production facility. ...
G1/48 Concession Gulf of Thailand Joint Venture Restructuring
Thailand >> 3/12/2020 - Tap Oil Limited provides the following update on the joint venture over the G1/48 Concession in the Gulf of Thailand (Concession), which includes the Manora Oil Field Production Area and is operated b...
Jadestone Energy Responds to Oil Price Volatility
Malaysia >> 3/10/2020 - Jadestone Energy Inc., an independent oil and gas production company focused on the Asia Pacific region, notes the recent fall in global oil prices, with the front end (May 2020) of the Brent oil pric...
New Contract for Far Stream
Malaysia >> 3/9/2020 - Solstad Offshore ASA (SOFF) is pleased to announce that the AHTS Far Stream (UT712L, 2006 built) has been contracted to a major Malaysian operator to support a drilling program of six wells. Commencem...
Iranian Companies Matured in South Pars Projects
Iran >> 3/8/2020 - They are currently doing well on $5 billion projects, managing director of Pars Oil and Gas Company (POGC), Mohammad Meshkinfam, announced. ...
OPEC & Non-OPEC Agreement Accessible before April
Iran >> 3/7/2020 - Iranian Minister of Petroleum Bijan Zangeneh says OPEC+ could reach an agreement to consider deeper cuts in the group’s output before the end of March. ...
Last Deck of South Pars Phase 13 Installed
Iran >> 3/7/2020 - The fourth or the last deck belonging to phase 13 called 13C, while observing all safety requirements, was lifted and installed on its jacket by the installer vessel HL5000, director of phase 13, Payy...
Dragon Oil Increases Production in Turkmenistan
Turkmenistan >> 4/21/2015 - Dragon Oil plc, an international oil and gas exploration, development and production company, issues its Interim Management Statement in accordance with the EU Transparency Directive. The statement co...
Foreigners Gathering Iran Investment Data
Iran >> 4/20/2015 - Two British companies are gathering information about how to invest in Iran, managing-director of Iran Industries Investment Company said. ...
Gazprom Neft Reviews Refineries Modernisation Programme & Company Procurement Structure
Russia >> 11/28/2014 - The Board of Directors of Gazprom Neft has reviewed information on the progress of the modernisation of the company’s oil refining facilities, and the sourcing of products for the domestic market. ...

Global Oil & Gas News

Long Extension for Acquisition of Cooper-Eromanga Licences
Australia >> 4/3/2020 - Oilex Ltd is pleased to announce that the date for the satisfaction of the conditions precedent in regard to the acquisition of 27 Petroleum Retention Licenses (PRLs) in the Cooper-Eromanga Basins fro...
Edison E&P Transaction Update
Italy >> 4/3/2020 - - Energean Oil and Gas plc (LSE: ENOG) the oil and gas producer focused on the Mediterranean, issues an update on its Edison E&P acquisition. As previously announced: ...
NOPSEMA Approves Scarborough Gas Development Offshore Australia
Australia >> 4/2/2020 - Woodside has achieved an important regulatory milestone for its Scarborough gas development offshore Western Australia. The National Offshore Petroleum Safety and Environmental Management Authority (N...
Petrobras on New Oil Discovery in the Pre-salt
Brazil >> 4/2/2020 - Petrobras has identified the presence of oil in the pioneer well of the Uirapuru block, located in the Santos Basin pre-salt. The pioneer well is located about 200 km off the coast of the city of Sant...
TGS Announces Plans for New Atlantic Margin Survey in Summer 2020
Norway >> 4/2/2020 - TGS, a leading provider of multi-client geoscience data for exploration & production (E&P) companies, announced that it will be commencing the Atlantic Margin 20 (AM20) 3D multi-client project as soon...
Centrica Puts Sale of Spirit Energy on Hold
United States >> 4/2/2020 - Summary
- Priority during the Covid-19 pandemic is to look after the health and safety of our employees and our customers.
- The Company is committed to helping all the communities it serv...
Echo Energy Provides Update on Proposed debt Restructuring
Argentina >> 4/1/2020 - Echo Energy, the Latin American focused upstream oil and gas company, provides a further update on the proposed restructuring of the Company's existing debt to defer all cash interest payments during ...
Searcher Completes Argentina 2D Reprocessing Expansion Project
Argentina >> 4/1/2020 - Searcher is pleased to announce it has completed the reprocessing of an additional 8,008 kms of 2D seismic data offshore Argentina as part of the Argentina Super-Tie 2D Reprocessing Project. ...
3D Oil Receives WA-527-P Work Program Extension
Australia >> 4/1/2020 - 3D Oil has been granted a 21-month suspension and extension by the National Offshore Petroleum Titles Administrator ('NOPTA') for the offshore Bedout Sub-basin permit WA-527-P. This now gives 3D Oil u...
Petrobras Announces New Actions to Strengthen Resilience
Brazil >> 4/1/2020 - Petrobras, following up on the release disclosed on 03/26/2020, informs that due to the contraction of oil and oil products demand it has decided to adopt new measures that comprise reduction of oil p...
Monthly Oil Production
Brazil >> 4/1/2020 - Dommo Energia S.A. announces to the market that the oil production from Tubarao Martelo Field (“TBMT”), operated by the company, reached 165,070 barrels in March 2020. We recall that the lower volume ...
Petrobras on Arbitration Involving Sete Brasil
Brazil >> 4/1/2020 - Petrobras has entered into a settlement agreement to end an arbitration filed by an investor in Sete Brasil Participaçoes S.A. - under judicial reorganization, seeking compensation from Petrobras for ...
Eco (Atlantic) Announces Strict Cost Cutting Program
Guyana >> 4/1/2020 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in South America and Africa, provides an update to the market. ...
Execution of Debt Capital Market Transactions
Norway >> 4/1/2020 - On Wednesday April 1, 2020 Equinor ASA, guaranteed by Equinor Energy AS, executed a total of USD 5 billion in the debt capital market. The debt capital market transaction consists of the following tra...
Wintershall Awards Global Frame Agreement to APT
Norway >> 4/1/2020 - Applied Petroleum Technology has been awarded a global frame agreement by Wintershall Dea GmbH to supply geochemical analyses for the energy company’s E&P efforts around the world. Under the agreement...
UKOG Pays Final Deferred Consideration to Tellurian for Horse Hill Interest
United Kingdom >> 4/1/2020 - UK Oil & Gas PLC, is pleased to announce that as part of its previously announced acquisition of Magellan Petroleum (UK) Investment Holdings Limited ("Magellan") it has paid the final £1 million defer...
TechnipFMC Announces Actions to Address Market Conditions
United States >> 4/1/2020 - TechnipFMC plc remains focused on taking all necessary steps to ensure the health and well-being of its employees, contractors and partners, and it is taking decisive actions in response to the curren...
Apache Doubles Estimate of Annual Cost Savings
United States >> 4/1/2020 - Apache Corporation provided an update regarding the cost savings associated with its previously announced organizational redesign. Apache now expects to deliver an annualized G&A and LOE cost reductio...
Murphy Announces Additional Cost Savings Initiatives
United States >> 4/1/2020 - The Board of Directors of Murphy Oil Corporation declared a quarterly cash dividend on the Common Stock of Murphy Oil Corporation of $0.125 per share, or $0.50 per share on an annualized basis. As a r...
Aker Solutions Reduces Costs and Capital Spending
United States >> 4/1/2020 - Aker Solutions is implementing a number of measures to mitigate the effects of the slowdown in activity level triggered by the COVID-19 outbreak and the increased uncertainty following the decline in ...
BP Details COVID-19 Response & Provides Market Update
United States >> 4/1/2020 - BP set out actions it is taking in response to the COVID-19 pandemic and ongoing market disruption. It also provided an update on factors expected to affect its first quarter results. ...
TDW Releases Isolation Tool
United States >> 4/1/2020 - T.D. Williamson has introduced its ProStopp™ DS isolation tool, a double block and bleed technology for the gas distribution market. Available for 6–12 inch (152–305 mm) pressurised carbon steel pipel...
Chevron Awards Worley 2Y Extension to Services Contract
Australia >> 3/31/2020 - Worley has been awarded an extension to an existing services contract with Chevron Australia Pty Ltd (Chevron). The term is for two years and extends upon the initial contract, which was first awar...
Cooper's Sole Field Producing Gas to Eastern Gas Pipeline
Australia >> 3/31/2020 - Cooper Energy provides the following update on the status of the Sole Gas Project and the impact of COVID-19 on operations and plans. ...
Petrobras on E&P Assets in the Santos Basin
Brazil >> 3/31/2020 - Petrobras, following up on the release dated 02/27/2020, announces the beginning of the binding phase referring to the sale of all its equity interest in Merluza and Lagosta fields, located in the sha...
PGS & TGS Complete Imaging for Newfoundland Licensing Round
Canada >> 3/31/2020 - Marine geophysical company PGS and joint venture partner TGS announce the release of final 3D seismic data results offshore Newfoundland and Labrador, ahead of the C-NLOPB announcement of parcels and ...
Shell First Quarter 2020 Update Note
Netherlands/Holland >> 3/31/2020 - This is an update to the first quarter 2020 outlook provided in the fourth quarter results announcement on January 30, 2020. The impacts presented here may vary from the actual results and are subject...
Neptune Energy Announces Full Year 2019 Results
United Kingdom >> 3/31/2020 - Neptune Energy, the global independent oil and gas exploration and production company, announces its financial results for the period ended 31 December 2019. ...
Update on COVID-19 Situation
United States >> 3/31/2020 - Aker Solutions is monitoring the COVID-19 situation globally on a daily basis and follows the guidance from the World Health Organization, International SOS, Center for Disease Control and the Norwegi...
Successful Completion of Well Tests in Alaska
United States >> 3/31/2020 - Testing of the Nanushuk reservoirs encountered in the Mitquq 1 ST1 and the Stirrup 1 wells has been completed. Both wells were drilled, logged, cored and flow tested. The flow tests included a clean-...
88 Energy Provides Update on Charlie-1 Appraisal Well
United States >> 3/31/2020 - 88 Energy Limited is pleased to provide the following update related to operations for the Charlie-1 appraisal well, which is currently being drilled on the North Slope of Alaska. ...
Strategic Production Acquisition & TSX Listing
Canada >> 3/30/2020 - i3 Energy plc, an independent oil and gas company with assets and operations in the UK, is pleased to announce the following update. ...
McDermott Awarded Contract for Trion FPU Pre-FEED Design Competition
McDermott Awarded Contract for Trion FPU Pre-FEED Design Competition Mexico >> 3/30/2020 - McDermott International, Inc. has been awarded a sizeable* contract by BHP Billiton Petroleo Operaciones de Mexico, S. De R.L. De C.V. (BHP) to provide pre-front-end engineering design (pre-FEED) serv...
Ministry of Petroleum and Energy Announces Public Consultation on APA 2020
Norway >> 3/30/2020 - The Ministry of Petroleum and Energy proposes to include 36 new blocks in this year's licensing round in the well-known parts of the Norwegian Continental Shelf – Awards in Predefined Areas (APA) 2020...
Expecting Faster Ramp up to Higher Plateau Production on Johan Sverdrup
Norway >> 3/30/2020 - The North Sea Johan Sverdrup field expects to reach plateau production for the first phase in early May, earlier than anticipated. Due to higher plant capacity, plateau production will increase from a...
Siccar Point Announces Cambo FID Deferral to 2021
United Kingdom >> 3/30/2020 - Operator Siccar Point Energy E&P Ltd, and its joint venture partner, Shell UK, have announced the deferral of the planned sanction date for the Cambo project to 2021 in light of the unprecedented worl...
Biscathorpe Assessment Demonstrates Significant Commercial Upside
United Kingdom >> 3/30/2020 - Union Jack Oil plc, a UK focused onshore hydrocarbon production, development and exploration company is pleased to announce an update in respect of the Biscathorpe project located within Lincolnshire ...
Devon Provides Revised 2020 Capital Expenditure Outlook
United States >> 3/30/2020 - Devon Energy Corp. provided updates to its 2020 capital expenditure outlook and hedge position. Based on current market conditions, Devon has elected to further reduce its capital expenditures by an a...
Shell Exits Proposed Lake Charles LNG Project
United States >> 3/30/2020 - Given current market conditions, Shell announces it will not proceed with an equity interest in the proposed Lake Charles LNG project. Accordingly, Energy Transfer will take over as the project develo...
Global E&P Capex Will Reach 13Y Low in 2020 as COVID-19
United States >> 3/30/2020 - Global capital expenditure (capex) for exploration and production firms (E&Ps) is expected to drop by up to $100 billion this year, about 17% versus 2019 levels, under Rystad Energy’s updated base cas...

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