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Middle East Oil & Gas News

QP Signs the Largest LNG Shipbuilding Agreements in History
QP Signs the Largest LNG Shipbuilding Agreements in History Qatar >> 6/1/2020 - Qatar Petroleum entered into three agreements to reserve LNG ship construction capacity in the Republic of Korea to be utilized for Qatar Petroleum’s future LNG carrier fleet requirements, including t...
Energean Oil & Gas Changes Its Name
Israel >> 5/29/2020 - Energean (LSE: ENOG), the oil and gas producer focused on the Mediterranean, is pleased to announced that, following shareholder approval at the Annual General Meeting of the Company held on 21st May ...
Solitaire up and Running Offshore Israel
Israel >> 5/29/2020 - Solitaire is up and running with pipelay on the Karish project offshore Israel after a successful 2.5-km pull-in at Dor (alongside the Allseas-installed Leviathan pipelines). Over the next few weeks,...
APC & Sk Gas Petrochemical Sign Agreement to Establish PDH & PP Complex
APC & Sk Gas Petrochemical Sign Agreement to Establish PDH & PP Complex Saudi Arabia >> 5/29/2020 - Advanced Petrochemical Company (ADVANCED) announces the signing of Shareholders Agreement between Advanced Global Investment Company (“AGIC”, a subsidiary of ADVANCED) and SK Gas Petrochemical Pte. Lt...
Supply Chain & Logistics Framework Agreement
United Arab Emirates >> 5/29/2020 - Gulf Marine Services PLC (GMS) announces that it has entered into a Framework Agreement with Zakher Marine International (ZMI), a leading privately-owned operator of self-propelled SESVs in the Middle...
Receipt of Payments for KRI Oil Sales
Iraq >> 5/28/2020 - Genel Energy plc ('Genel') announces that payments have been received from the Kurdistan Regional Government for oil sales during April 2020. ...
Petrofac Secures Iraq Contract Extension with Basra Oil Company
Iraq >> 5/28/2020 - Petrofac’s Engineering & Production Services division (EPS) has secured a further six-month contract extension with Basra Oil Company (BOC) for its long-standing Iraq Crude Oil Export Expansion Projec...
Genel Energy Announces Update on Tawke PSC
Iraq >> 5/27/2020 - Genel Energy plc (Genel) notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity. ...
Agreement for the Sale of Rights to Royalties from Leases I/17 & I/16
Israel >> 5/25/2020 - Delek Group (DGRLY) announces that it signed together with Delek Energy Systems Ltd (“Delek Energy”) (“the Sellers”) an agreement with a third party (“the Purchaser”) for the sale of the rights of the...
McDermott Awarded Second CATOFIN PDH Technology in Saudi Arabia
McDermott Awarded Second CATOFIN PDH Technology in Saudi Arabia Saudi Arabia >> 5/21/2020 - McDermott International, Inc. announced that it has been awarded a sizeable technology contract by Advanced Global Investment Company, a wholly owned subsidiary of Advanced Petrochermical Co. (APC). M...
Oceaneering Wins Significant Asset Integrity Scope in the Middle East
United Arab Emirates >> 5/20/2020 - Oceaneering International, Inc. (Oceaneering) has been awarded a considerable asset integrity contract from a major operator based in Dubai, UAE. The award includes the provision of general and advanc...
Lamprell Awarded EPIC Contract by Sharjah National Oil Corporation
Lamprell Awarded EPIC Contract by Sharjah National Oil Corporation United Arab Emirates >> 5/20/2020 - Lamprell, through its site services business, has been selected by Sharjah National Oil Corporation (SNOC) to undertake a medium-sized* engineering, procurement, installation and commissioning contra...
Lebanon Confirms Second Licensing Round Applications Submission Date
Lebanon >> 5/19/2020 - Monday 1 June 2020 is the new deadline to submit the licensing round applications for the Lebanon Second Offshore Licensing Round. Adapting to current circumstances, electronic applications will be ac...
More Than a Name Change: Oxea is now OQ Chemicals
Oman >> 5/19/2020 - The global chemical company Oxea has officially changed its corporate name to OQ Chemicals as a token of its final integration into the newly formed energy company OQ. Complementing the name change ...
TAQA and CGG Strikes an Agreement to Expand ARGAS Operations Globally
Saudi Arabia >> 5/19/2020 - Industrialization and Energy Services Company (TAQA) and CGG - the shareholders of Arabian Geophysical & Surveying Company (ARGAS) - announced that they executed a new agreement which waives all ter...
McDermott Awarded Offshore Engineering Contract in Middle East
McDermott Awarded Offshore Engineering Contract in Middle East United Arab Emirates >> 5/18/2020 - McDermott International, Inc. has been awarded a sizeable* contract from a Middle East customer to carry out front-end engineering and design (FEED) work for offshore riser platform topsides.

...
Nakilat and Shell Commence Second Phase of Fleet Management Transition
Qatar >> 5/16/2020 - Nakilat has commenced the second phase of its fleet management transition from Shell International Trading and Shipping Company Limited, with Q-Max LNG carrier Al Mayeda being the first vessel transit...
ADNOC CEO Sees Signs that Oil Markets will Rebalance over time
United Arab Emirates >> 5/15/2020 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), says there are signs that oil markets have tightened in recent weeks and wi...
Genel Energy Announces Trading and Operations Update
Iraq >> 5/14/2020 - Genel Energy has issued a trading and operations update ahead of the Company's Annual General Meeting (‘AGM’), which is being held. The information contained herein has not been audited and may be sub...
Bahri Adds New Dry-bulk Carrier ‘Sara’ to its Industry-leading Fleet
Saudi Arabia >> 5/14/2020 - Bahri, a global leader in logistics and transportation, has announced that it has taken delivery of the new dry-bulk carrier ‘Sara.’ Built by Hyundai Vietnam Shipbuilding (HVS), a subsidiary of Hyunda...
Fluor to Provide Project Management Consultancy Services for AGIC
Fluor to Provide Project Management Consultancy Services for AGIC Saudi Arabia >> 5/14/2020 - Fluor Corporation was named project management consultant for Advanced Global Investment Company’s (AGIC) new propane dehydrogenation, polypropylene and utilities and offsites complex in Jubail Indust...
Sercel Equipment Supports Sinopec Seismic Survey in Saudi Arabia
Saudi Arabia >> 5/14/2020 - Sercel announced the successful large-scale deployment of its industry-leading seismic data acquisition technology on a mega-crew survey currently being conducted by Sinopec Geophysical Co. (SGC). The...
Lamprell Announces 2019 Financial Results
United Arab Emirates >> 5/13/2020 - Financial results negatively impacted by low revenues, impairment charges and one-off events Moray East project progressing well, as planned Robust start to 2020 with award for new build rigs and m...
Aramco Announces First Quarter 2020 Results
Saudi Arabia >> 5/12/2020 - The Saudi Arabian Oil Company announced its financial results for the first quarter of 2020, demonstrating financial and operational strength despite a challenging macro environment and lower energy d...
Weir Oil & Gas Signs Contract in Iraq
Iraq >> 5/11/2020 - Weir Oil & Gas Dubai has signed a multi-year contract in Iraq with a major international oil company. The contract includes the provision of Weir Oil & Gas workshop services, machine shop services, em...
Penspen Wins Engineering Contract in Abu Dhabi
United Arab Emirates >> 5/11/2020 - Penspen has been awarded a contract by Target Engineering Construction Co LLC for slug catcher replacement support on a project on Zirku Island in UAE.

The contract is for work on the islan...
ASGC has Become The Largest Shareholder in Costain
United Arab Emirates >> 5/11/2020 - ASGC, the leading construction group with headquarters in Dubai, UAE, announces that it will acquire a 15% stake in Costain, the UK based construction company, as part of Costain’s £100m cash raising ...
ACWA Power Completes Partnership with Silk Road Fund
United Arab Emirates >> 5/10/2020 - ACWA Power, a leading developer, owner, and operator of power generation and water desalination plants recently announced the completion of the transaction to introduce Silk Road Fund as a partner and...
Genel Energy Provides Update on Tawke PSC
Iraq >> 5/7/2020 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity.

In Q1 2020, gross production at the Tawke and Pes...
Tethys Oil Provides Production Update April 2020
Oman >> 5/7/2020 - Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in April 2020 to 378,132 barrels of oil, corresponding to 12,604 barrels of oil per...
DNO Completes Baeshiqa Testing, Prepares to Spud Next Well
Iraq >> 5/6/2020 - DNO ASA, the Norwegian oil and gas operator announced completion of testing and appraisal of the Baeshiqa-2 exploration well in the Kurdistan Region of Iraq and the imminent spud of an exploration wel...
Sabic-owned Nusaned Investment to Build Huge Battery Factory in Saudi Arabia
Saudi Arabia >> 5/6/2020 - Nusaned Investment (an investment company owned by SABIC) and SCHMID Group have successfully closed their JV transaction focusing on manufacturing and technology development in the field of Vanadium R...
Aramco Responds to COVID-19 with Support for People and Communities
Saudi Arabia >> 5/4/2020 - Aramco is providing an update on how we are keeping our people and communities safe from COVID-19, while continuing to supply the world the energy it needs. ...
SABIC Announces Results for First Quarter 2020
Saudi Arabia >> 5/4/2020 - SABIC posted a net loss of SR 0.95 billion in the first quarter of 2020, a decrease of 20% compared to net losses of SR 0.79 billion posted in the previous quarter.

Total sales during the f...
KOTUG Acquires Full Ownership of Marsol
United Arab Emirates >> 5/4/2020 - KOTUG International B.V. has completed the 100% acquisition of Marsol International Ltd., a leading offshore and marine terminal service centre, specialized in offshore single point mooring (SPM) term...
Gulf Marine Unanimously Rejects Seafox $32 million Takeover Proposal
United Arab Emirates >> 5/4/2020 - Following Seafox's announcement on 30 April 2020 of its unsolicited and non-binding approach to acquire the entire issued and to be issued share capital of Gulf Marine Services PLC ("GMS" or the "Comp...

Africa Oil & Gas News

Angola Delays Launch of Onshore Licensing Round but Releases Data Package
Angola >> 6/1/2020 - The Angola National Agency of Oil, Gas, and Biofuels (ANPG), as the national concessionaire for the exploration and production (E&P) of liquid and gaseous hydrocarbons in Angola, has announced that th...
Nigeria Starts of 2020 Marginal Field Bid Round
Nigeria >> 6/1/2020 - Nigeria's Department of Petroleum Resources (DPR) has announced the commencement of the 2020 Marginal Field Bid Round. The bid round is open to indigenous companies and investors interested in Explora...
Sonatrach Acquires 19.10% in Medgaz Pipeline
Algeria >> 5/30/2020 - SONATRACH announces the completion of a transaction to acquire 19.10% of the shares held by the Spanish company CEPSA Holding in the Company Medgaz. With this major international operation, SONATRACH ...
Zenith Energy Announces Delisting from TSX-V
Congo >> 5/28/2020 - Zenith Energy Ltd., the international oil & gas production company focused on African development opportunities , is pleased to announce that the TSX Venture Exchange ("TSX-V") has confirmed that eff...
Panoro Announces 1Q of 2020 Results & Provides Operations
Gabon >> 5/28/2020 - Panoro Energy announces the first quarter 2020 financial results and subsequent events: ...
CNOOC Elects not to Pre-empt Sale of Assets in Uganda
Uganda >> 5/28/2020 - Tullow Oil plc announces that CNOOC Uganda Limited (CNOOC) has informed both Tullow and Total that it will not pre-empt the sale of Tullow's assets in Uganda to Total. ...
Gas Project in Mozambique is Set to Receive $15b
Mozambique >> 5/27/2020 - A liquefied natural gas (LNG) project in Mozambique is expected to receive $15-billion (R267-bn) of financing commitments at a signing scheduled for June 2020 - defying challenges in the financial mar...
Fugro Detours for Ifremer’s Mayotte Underwater Volcano Survey
South Africa >> 5/27/2020 - A Fugro vessel heading from the Netherlands to South Africa has made a 10-day detour to support Ifremer, the French Research Institute for Exploitation of the Sea, in monitoring a giant active underwa...
Westport Fuel Systems Awarded GASTEC Tender BRC to Supply Systems
Westport Fuel Systems Awarded GASTEC Tender BRC to Supply Systems Egypt >> 5/26/2020 - Westport Fuel Systems Inc. (Westport Fuel Systems) (WPRT) announced that they have been awarded a competitive tender bid by the Egyptian International Gas Technology Company (GASTEC) to supply 6,300 c...
Sonatrach Return of Its Employees Will Be Done Gradually
Algeria >> 5/25/2020 - The General Management of the national hydrocarbon company SONATRACH said that the total resumption of the work of its employees will be done gradually in accordance with the guidelines of the public ...
Petroleum Ministry Signs 7 Gas Exploration Deals Worth $ 975M
Petroleum Ministry Signs 7 Gas Exploration Deals Worth $ 975M Egypt >> 5/23/2020 - The Ministry of Petroleum and Mineral Resources said it signed seven agreements on natural gas exploration with total investments worth 975 million dollars, along with grant agreements estimated at do...
PGS Releases New Multi-Azimuth GeoStreamer 3D for Côte d’Ivoire
Ivory Coast (Cote D'Ivoire) >> 5/22/2020 - This new 900 sq. km multi-azimuth broadband seismic survey from PGS provides increased resolution and sharper imaging of prolific Upper Cretaceous plays in Cote d'Ivoire block CI-706. ...
Shell, Eni Win Dismissal of $1B Nigeria Bribery Lawsuit
Nigeria >> 5/22/2020 - Shell Plc and Eni SpA won dismissal of a $1 billion U.K. lawsuit brought against them over allegations they knew about bribes in a Nigerian oil deal. The ruling is a victory for the oil companies, whi...
East Med Gas Forum Forming Joint Future Vision for Gas Industry
East Med Gas Forum Forming Joint Future Vision for Gas Industry Egypt >> 5/20/2020 - A senior work group of Eastern Mediterranean Gas Forum (East Med Gas Forum) discussed the coming steps to form a joint future vision for gas industry in the region and develop the natural gas market. ...
Karim Alaa Named Senior Vice President, North Africa
Morocco >> 5/20/2020 - Bp announced the appointment of Karim Alaa as the incoming Senior Vice President for North Africa, effective 1 July 2020, following the retirement of Hesham Mekawi.

Speaking of his new...
Total Lands $15b Financing Commitment for Mozambique LNG Project
Mozambique >> 5/20/2020 - Total will receive commitments for about $15 billion of financing at a signing scheduled in June. Acquiring funding for construction of the $23 billion project, which will chill natural gas into a liq...
The State of Exploration 2020
Mauritania >> 5/19/2020 - Confidence had returned to global exploration with improved performance and the emergence of several new multi-billion barrel plays. The confidence carried over into 2020 but has evaporated in the fac...
Odfjell & Total Agree to Idle Deepsea Stavanger Rig
South Africa >> 5/19/2020 - Please be informed that due to ongoing restrictions related to the coronavirus (COVID-19) pandemic, Odfjell Drilling and Total South Africa have agreed that the semi-submersible Deepsea Stavanger will...
Ruvuma Farm-Out Update
Tanzania >> 5/19/2020 - Further to recent updates on progress towards completion of the Ruvuma Farm-Out, the Company is pleased to announce that following payment by the Company’s subsidiary of the capital gains tax bill, a...
Total Discontinues the Acquisition of Occidental Petroleum’s Assets
Ghana >> 5/18/2020 -  In August 2019, Total and Occidental Petroleum entered into a Purchase and Sale Agreement (PSA) in order for Total to acquire Anadarko’s assets in Africa. Under this agreement, Total and Occidental h...
QP Enters Agreement for 2 Exploration Blocks in Côte d'Ivoire
Ivory Coast (Cote D'Ivoire) >> 5/18/2020 - Qatar Petroleum entered into a farm-in agreement with Total to acquire a 45% participating interest in blocks CI-705 and CI-706, located in the Ivorian-Tano basin, offshore the Republic of Côte d'Ivoi...
Sasol Adheres Critical Ethos on Blocks 16/19 Project
Mozambique >> 5/18/2020 - Sasol remains committed to protecting critical ecosystems, livelihoods and the sustainable utilisation of Mozambique’s oil & gas reserves in a manner which benefits local communities and all our stake...
San Leon Announces Directorate Change
Nigeria >> 5/18/2020 - San Leon, the independent oil and gas production, development and exploration company focussed on Nigeria, announces that Bill Higgs, Non-Executive Director of the Company, is stepping down from the C...
Jotun has Got Deepsea Stavanger Covered
South Africa >> 5/18/2020 - Odfjell Drilling’s semi-submersible drilling rig Deepsea Stavanger is preparing for drilling operations off South Africa, where it will start a firm contract with French major Total. The dual derrick,...
Extension for Financial Reporting Deadline
Congo >> 5/15/2020 - Anglo African Oil & Gas plc announces that, further to the guidance provided by AIM Regulation in "Inside Aim" on 26 March 2020, the Company has been granted an extension of up to three months for t...
Petroleum Minister Probes with Oil Companies Plans for Oil Price Plunge
Petroleum Minister Probes with Oil Companies Plans for Oil Price Plunge Egypt >> 5/15/2020 - Minister of Petroleum Tareq Al Molla has discussed with heads of major oil companies measures to rationalize spending in a way that meets the targeted plans for carrying out oil projects, exploration ...
Africa Oil Provides Kenya Update
Kenya >> 5/15/2020 - Africa Oil Corp. (AOI) announces that Tullow Oil Kenya B.V., the operating partner on Blocks 10BB and 13T in Kenya, has submitted notices of force majeure to the Kenyan Ministry of Petroleum and Minin...
Interim Results for the Three Months Ended 31 March 2020
Tunisia >> 5/15/2020 - Serinus Energy plc ("Serinus", “SEN”) (SENX) announces the release of its interim results for the Three Months Ended 31 March 2020. ...
EXIM Board Approves Amended Financing of U.S. Exports to Mozambique LNG Project
Mozambique >> 5/14/2020 - The Board of Directors of the Export-Import Bank of the United States (EXIM) unanimously voted to amend the agency’s previously approved September 2019 direct loan supporting U.S. exports for the deve...
Appointment of Johnny Copelyn as Non-Executive Chairman of Impact
Namibia >> 5/14/2020 - Impact Oil and Gas, one of the leading independent oil and gas companies operating offshore Southern and West Africa, is pleased to announce the appointment of John Anthony Copelyn as Non-Executive Ch...
Nortrans ROV Vessel on Shell Duty Offshore Nigeria
Nigeria >> 5/14/2020 - Nortrans Offshore and its partner in Nigeria have secured a contract with Shell for the ROV vessel Prince Jameson I. The spot charter deal is for a duration of one to three months, Kjell Gauksheim, ma...
TDI-Brooks Completes Multibeam Phase for TGS Offshore Nigeria
Nigeria >> 5/14/2020 - TDI-Brooks International, Inc (under contract to TGS), has completed the offshore multibeam phase offshore the Niger Delta. This survey took place in water depths of 750 to 3,500 meters and is Nigeria...
Payment of $250,000 Acquisition Deposit Agreed
Nigeria >> 5/14/2020 - ADM Energy PLC has reached agreement with EER (Colobus) Nigeria Limited ("EER") for the immediate payment, in cash and shares, of the USD$250,000 deposit due as part of the sale and purchase agreement...
Sasol Invites Bidders for Supply of Renewable Energy
South Africa >> 5/14/2020 - Sasol is inviting bidders to participate in a Request for Information (RFI) process for the supply of renewable energy to its South African operations. An international integrated chemicals and energy...
Aminex Changes Directors
Tanzania >> 5/14/2020 - Aminex is pleased to announce the appointments of Mr Harald van Dongen and Mr Jan Gunnar Opsal, as Non-Executive Directors of the Company with immediate effect. Mr Opsal will replace Mr Ola Fjeld, wh...
Natural Gas-Based Industry Projects to Work under Free Zone System in Egypt
Natural Gas-Based Industry Projects to Work under Free Zone System in Egypt Egypt >> 5/13/2020 - The Cabinet approved during its meeting on Wednesday 13/5/2020 a proposal submitted by the General Authority for Investment and Free Zones (GAFI) on amending article 34 of investment law no. 72/2017. ...
Equatorial Guinea Awards Contract to Nexant for Methanol-to-Derivatives Plant
Equatorial Guinea >> 5/13/2020 - The Ministry of Mines and Hydrocarbons (MMH) of Equatorial Guinea, in collaboration with the Atlantic Methanol Production Company (AMPCO), awarded American company Nexant the feasibility study for the...
COPL Reports 2019 Year End Results
Nigeria >> 5/13/2020 - Canadian Overseas Petroleum Limited (COPL), an international oil and gas exploration and development company focused on sub-Sahara Africa, announces its results for the year ending December 31, 2019. ...
Saipem Awarded Contract for Nigeria LNG Train 7 Project
Saipem Awarded Contract for Nigeria LNG Train 7 Project Nigeria >> 5/13/2020 -  Saipem, in joint venture with Daewoo E&C Co. Ltd and Chiyoda Corporation (SCD JV), has been awarded by Nigeria LNG Limited the contracts for the Engineering, Procurement & Construction of the Nigeria...
Pharos Energy Announces 2020 AGM Trading and Operations Update
Egypt >> 5/12/2020 - Pharos Energy plc, an independent oil and gas exploration and production company, issues the following Trading and Operations update in advance of the Company’s AGM on 20 May 2020. The information con...

Asia Oil & Gas News

Gazprom Neft Is Deploying Augmented Reality Technologies in Electricity Facilities
Russia >> 6/1/2020 - Maintenance and servicing of electrical facilities at the Gazprom Neft Moscow Refinery has been simplified thanks to the deployment of augmented reality (AR) technologies. This innovation is facilitat...
LNG Tanker Completes Unique Voyage along the Northern Sea Route
Russia >> 6/1/2020 - PAO NOVATEK (NOVATEK) announced that the Arc7 ice-class LNG tanker “Christophe de Margerie” of Sovcomflot successfully transited the Eastbound ice-covered part of the Northern Sea Route (NSR) and reac...
BP Licenses Its PTA Technology to Dongying Weilian Chemical
BP Licenses Its PTA Technology to Dongying Weilian Chemical China >> 5/28/2020 - BP has entered into an agreement to license its latest generation technology for the production of purified terephthalic acid (PTA) to China’s Dongying Weilian Chemical Co., Ltd. ...
Pertamina Ensures Cilacap RDMP Refinery Development Will Continue
Indonesia >> 5/28/2020 - PT Pertamina (Persero) ensured that the Cilacap Refinery Development Master Plan (RDMP) project will continue in order to realize the ideals of achieving independence and national energy security. ...
Pertamina Successfully Conducted 2D Seismic Survey along 23,063 Km
Indonesia >> 5/28/2020 - Pertamina through its subsidiary Pertamina Hulu Energi (PHE) Jambi Merang has successfully conducted a 2D Regional Seismic Sea Survey in open areas along 23,063 km or 77% (as of May 25, 2020) from a t...
Siemens to Supply Compression & Power Generation Equipment in Indonesia
Indonesia >> 5/28/2020 - Siemens Gas and Power has been selected to supply a range of compression and power generation equipment for the Balikpapan Refinery located on Borneo Island in East Kalimantan, Indonesia. ...
Progress of Amur GPP Construction Project Reaches 61.9 Percent
Russia >> 5/28/2020 - The Gazprom Management Committee took note of the information about the status of the Amur Gas Processing Plant (GPP) construction project. The GPP is one of the largest infrastructure projects of the...
Commodity Hedging Program
Singapore >> 5/28/2020 - Tap Oil Limited has entered into commodity hedging instruments with BP Singapore Pte Limited. ...
Record Engine Powers World’s Largest Containership
South Korea >> 5/28/2020 - HMM, the South Korean shipping company, has launched the first in a series of 12 ultra-large containerships that will each feature individual MAN B&W G95ME-C10.5 low-speed main engines. At 23,964 teu,...
Jadestone Energy Reports Results for the Period Ending March 31, 2020
Vietnam >> 5/28/2020 - Jadestone Energy Inc. (JSE) (Jadestone) reported its consolidated interim unaudited financial statements (the Financial Statements), as at and for the three-month period ended March 31, 2020. Manageme...
Pertamina's RDMP Balikpapan Progress Has Reached 16.32%
Indonesia >> 5/27/2020 -  In the midst of the Covid-19 pandemic, Pertamina continues to complete national strategic projects, one of which is RDMP Balikpapan, which currently has progressed at 16.32%. This progress is up from...
Gazprom Neft Increases Jet Fuel Sales in the Q1 of 2020
Russia >> 5/27/2020 - Gazpromneft-Aero, the aviation fuel operator subsidiary of Gazprom Neft, reports a 1.5% year-on-year increase in jet fuel sales in the first quarter of 2020 to 856,000 tonnes. ...
Sinopec Hainan to Use Lyondellbasell’s Hostalen ACP Technology
China >> 5/26/2020 - LyondellBasell (LYB) announced that Sinopec Hainan Refining & Chemical Co., LTD. (Sinopec) will use the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology for a new facility....
Mako Resource Audit confirms Significant Upgrade
Indonesia >> 5/26/2020 - Further to the announcement made on 14 April 2020, Coro Energy plc, the Southeast Asian focused upstream oil and gas company, is pleased to announce the results of an independent resource audit of the...
NIDC Drills 23 Oil & Gas Wells in the First Two Months of 2020
Iran >> 5/26/2020 - The director of integrated planning of the National Iranian Drilling Company announced the drilling and completion of 23 oil and gas wells in the first two months of this year in a number of oil field...
Chiyoda Awarded EPC Contract for New THC Catalyst Plant
Japan >> 5/26/2020 - Chiyoda Corporation is pleased to announce that it has been awarded an Engineering, Procurement, and Construction (EPC) contract by Toho Titanium Co., Ltd (“Toho Titanium”) for the new THC Catalyst pl...
The World’s First Global Hydrogen Supply Chain Demonstration Project
Japan >> 5/26/2020 - Chiyoda Corporation, a member of The Advanced Hydrogen Energy Chain Association for Technology Development (AHEAD), is pleased to announce the successful commencement of the supply of SPERA hydrogen, ...
Gazprom Neft Ships Its 200th Oil Consignment
Russia >> 5/26/2020 - Gazprom Neft has completed its shipment of the 200th consignment of ARCO crude from its Prirazlomnaya offshore rig. ...
Fugro IOVTEC Secures 3rd Geotechnical Contract for HAI Long Offshore Wind Farm
Taiwan >> 5/26/2020 - Following two successful geotechnical data acquisition awards in the Taiwan offshore wind farm sector in 2020, Fugro IOVTEC Co. Ltd (Fugro IOVTEC) has secured their third offshore geotechnical site in...
New Siemens SG 14-222 DD Offshore Wind Turbines Planned for Hai Long Project
Taiwan >> 5/26/2020 - Siemens Gamesa Renewable Energy (SGRE) and Hai Long Offshore Wind (Hai Long) announce that the new SG 14-222 DD offshore wind turbine is intended to be used at the upcoming 300 MW Hai Long 2 project i...
Handover of Biomass Power Plant
Japan >> 5/25/2020 - JGC HOLDINGS CORPORATION announced the handing over of a biomass power generation facility, constructed by its domestic EPC operating company, JGC JAPAN CORPORATION, to its client, ENEOS Biomass Power...
Mammoet Lands the Biggest-Ever Contract for the Arctic LNG2 Project
Russia >> 5/25/2020 - Technip-led joint venture NovArctic in cooperation with Saipem and NIPIgas has engaged Mammoet as an unloading, transportation and installation contractor for the Arctic LNG 2 project. ...
New Barriers in Place to Protect Gazprom Neft’s Assets from COVID-19
Russia >> 5/25/2020 - In the interests of ensuring the health and safety of its employees, and in order to ensure its upstream facilities remain in continuous operation, Gazprom Neft has set up more than 100 “buffer zones”...
Lukoil Installs Accommodation Platform Jacket at V.I. Grayfer Field
Russia >> 5/25/2020 - LUKOIL completed installation of a jacket for an accommodation platform topside at the V.I. Grayfer field in the Caspian Sea. The offshore operations involved 110 workers and nine vessels. ...
CNOOC Limited Announces Penglai 19-3 Oilfield Project Commences
China >> 5/22/2020 - CNOOC Limited (CNU) announced that Penglai 19-3 oilfield area 4 adjustment/Penglai 19-9 oilfield phase II project has commenced production.

The Penglai 19-3/19-9 oilfields are located in ...
Kinder Morgan Restarting Elba Island LNG Units Impacted by Fire
Georgia >> 5/22/2020 - Kinder Morgan Inc. is bringing production units back online at its Elba Island liquefied natural gas (LNG) export facility in Georgia after a fire at the facility on May 11. The fire erupted in a mixe...
Duyung PSC Acquisition Completion in Indonesia
Indonesia >> 5/22/2020 - Coro Energy plc is pleased to announce that all necessary Indonesian regulatory approvals for the transfer of title of the 15% direct interest in the Duyung PSC (the "PSC Interest") to Coro have now b...
Rosneft Reduces Fugitive Methane Emissions in E & P by 73% in 2019
Russia >> 5/22/2020 - Rosneft reduced fugitive methane emissions in the Upstream sector by 73% in 2019 as a result of a comprehensive program of process improvements and methane emission reduction initiatives. ...
Moscow Refinery Will Continue Using Anti-Epidemiological Facilities
Russia >> 5/22/2020 - Infrastructure supporting a series of technical solutions directed at preventing the spread of COVID-19 is to be expanded at Gazprom Neft’s Moscow Refinery. A range of devices directed at protecting e...
DSME Scores LNG FSRU Contract
South Korea >> 5/22/2020 - Daewoo Shipbuilding & Marine Engineering (DSME) has won a contract to build a floating storage and regasification unit. DSME will build the LNG FSRU for a company based in Central America for 411 bill...
Empyrean Energy Announces Results of Seismic Inversion at Block 29/11
China >> 5/21/2020 - Empyrean Energy ("Empyrean") is pleased to announce the results of its seismic inversion project, designed to assess the reservoir quality and reservoir rock composition at its Jade and Topaz prospect...
KKR to Invest 11,367 Crore in Jio Platforms
India >> 5/21/2020 - Reliance Industries Limited and Jio Platforms Limited, India’s leading digital services platform, announced today that KKR will invest 11,367 crore into Jio Platforms. This transaction values Jio Plat...
ONGC & NTPC Sign MOU to Set Up JV for Renewable Energy Business
India >> 5/21/2020 - Oil and Natural Gas Corporation Limited (ONGC) and NTPC ltd are planning to set up a Joint Venture Company for Renewable Energy business. The two Maharatnas entered into a Memorandum of Understanding ...
Black & Veatch, ENACT Announce Partnership for Solar Commercial
Indonesia >> 5/21/2020 - Black & Veatch, a global provider of engineering, procurement and construction (EPC) services, and ENACT Systems Inc., a leader in cloud-based software for the solar industry, announced a strategic pa...
Iran Starts Installation of Phase 11 Jacket
Iran >> 5/21/2020 - Iran’s Pars oil and gas Company has officially started operations to install the jacket of South Pars Phase 11 platform in the Persian Gulf. ...
K Line Installs LNG Fuel Tanks on New Car Carrier
Japan >> 5/21/2020 - On May 7-8 2020, LNG fuel tanks have been installed on a car carrier which is under construction at Tadotsu Shipyard Co.,Ltd. (Imabari Shipbuilding Group). The construction is currently on going with ...
Tendeka to Deliver AICDs to Aid Production Enhancement in Malaysia
Malaysia >> 5/21/2020 - Global completions service company Tendeka will provide its inflow control technology to help increase production from Malaysian assets of an independent operator. ...
Syzran Refinery Commences Production of Green Marine Fuel
Russia >> 5/21/2020 - The Syzran Refinery, a part of Rosneft Oil Company’s refining complex, has commenced the production of the environmentally-friendly low-sulphur marine fuel RMLS 40, which is compliant with the IMO req...
Gulf Energy Wins Thailand LNG Import Licences
Thailand >> 5/21/2020 - Gulf Energy Development has secured licences from the government of Thailand to import liquefied natural gas as it looks to reduce power prices in the country. The Energy Regulatory Commission approve...
Cub Energy Announces First Quarter of 2020 Results
Ukraine >> 5/21/2020 - Cub Energy Inc., a Ukraine-focused upstream oil and gas company, announced its unaudited financial and operating results for the interim three months ended March 31, 2020. All dollar amounts are expre...

Global Oil & Gas News

Global LNG Demand Faces First Seasonal Contraction in 8 Years
United States >> 6/2/2020 - The global liquefied natural gas (LNG) industry is about to face its first seasonal demand contraction since 2012, with demand in summer 2020 expected to fall 2.7% or 3 million tonnes (Mt) year-on-yea...
Bahamas Petroleum Announces Results for the year ended 31 December 2019
Bahamas >> 6/1/2020 - Bahamas Petroleum Company plc, the oil and gas exploration company with significant prospective resources in licences in The Commonwealth of The Bahamas, is pleased to announce its Final Results for t...
Petrobras Starts Non-binding Phase in Camamu Basin
Brazil >> 6/1/2020 - Petrobras, following up on the release disclosed on 05/04/2020, announces the beginning of the non-binding phase regarding the sale of its stake (35%) in the Manati Field, a shallow water maritime...
Lime Petroleum Completes 15 Percent Farm-in Two Norwegian Licenses
Norway >> 6/1/2020 - Unless otherwise defined, capitalised terms in this announcement shall have the same meaning given to them on the Company’s press release dated 25 March 2020, in relation to the Company’s 90% subsidia...
Columbus Energy Announces Operational update in Trinity Inniss Field
Trinidad and Tobago >> 6/1/2020 - Columbus, the oil and gas producer and explorer focused on onshore Trinidad and Suriname, is pleased to announce the start of Phase 2 of the CO2 Pilot Project in the Trinity Inniss field. ...
Independent Oil and Gas Awards Petrofac Phase 1 Well Management Contract
 Independent Oil and Gas Awards Petrofac Phase 1 Well Management Contract United Kingdom >> 6/1/2020 - Independent Oil and Gas plc (IOG), (IOG.L), as operator of its joint venture with CalEnergy Resources (UK) Ltd, is pleased to announce that it has awarded the Core Project Phase 1 well management cont...
Seadrill Announces Intention to Delist from the New York Stock Exchange
United Kingdom >> 6/1/2020 - Seadrill Limited announces its intention to delist from the New York Stock Exchange (NYSE).

On March 26, 2020, Seadrill received written notice from the NYSE that it was not in compliance ...
Petrofac Awarded Significant North Sea Well Management Contract
United Kingdom >> 6/1/2020 - Petrofac’s Engineering & Production Services business (EPS) has secured a well management contract for Phase 1 of Independent Oil and Gas plc’s (IOG) Core Project.

Petrofac will support IO...
Suspension and Extension of WA-488-P
Australia >> 5/29/2020 - Melbana Energy Limited has been advised by the National Offshore Petroleum Titles Administrator that its application for a 12 month suspension of the work program conditions in respect of Permit Year ...
Petrobras Completes the Sale of Seven Onshore Fields
Brazil >> 5/29/2020 - Petrobras, following up on the release dated 08/09/2019, reports that it has completed the sale of its entire interest in seven onshore production fields, located in the Potiguar Basin, in the state o...
World’s First Power-To-X-To-Power Hydrogen Gas Turbine Demonstrator
France >> 5/29/2020 - With the HYFLEXPOWER project, a consortium made up of Engie Solutions, Siemens Gas and Power, Centrax, Arttic, German Aerospace Center (DLR) and four European universities are implementing a project f...
Predator to Apply for LNG Import Licence for Ireland
Ireland >> 5/29/2020 - Predator Oil & Gas Holdings Plc (PRD), the Jersey-based Oil and Gas Company with operations in Trinidad, Morocco, and Ireland, announces its intention to proceed to apply for a liquefied natural gas (...
DEME Adds Windfarm Expertise to Neptune’s PosHYdon Hydrogen Pilot
Netherlands/Holland >> 5/29/2020 - Neptune Energy announced DEME Offshore, a leader in offshore wind energy and green hydrogen production, will bring its expertise to the PosHYdon pilot, the world’s first offshore green hydrogen projec...
OKEA ASA Provides Financial & Operational Update
Norway >> 5/29/2020 - OKEA ASA hereby provides a financial and operational update. In an effort to contribute to a faster stabilization of the oil and gas industry following the demand disruptions caused by COVID-19, the N...
Schlumberger Announces Redemption of 100% of Outstanding 4.200% Senior Notes Due 2021
United Kingdom >> 5/29/2020 - Schlumberger Limited announced that Schlumberger Oilfield UK Plc, an indirect wholly-owned subsidiary of Schlumberger (“SLB UK”), will redeem the entire outstanding principal amount of its 4.200% Seni...
More Than 270 Rotork Process Control Actuators Ordered for LNG Project
Australia >> 5/28/2020 - The customers purchased the quarter-turn CVQ electric actuators which will operate ball and v-ball valves on separator skids to control the water extraction process at an onshore natural gas productio...
KBR Awarded Energy Efficiency Opportunities Study for Gladstone LNG
KBR Awarded Energy Efficiency Opportunities Study for Gladstone LNG Australia >> 5/28/2020 - KBR (KBR) announced that it has been awarded an energy efficiency opportunities study at Gladstone LNG (GLNG) by Santos Ltd., a leading energy group in Australia. ...
West Erregulla Receives Western Australian Government Support
Australia >> 5/28/2020 - Strike Energy Limited (Strike) is pleased to announce that the West Erregulla Gas Project has been awarded Lead Agency Status in WA by the Premier & Minister for State Development, Jobs and Trade. Le...
Santos Completes ConocoPhillips Northern Australia Acquisition
Australia >> 5/28/2020 - Santos is pleased to announce it has completed the acquisition of ConocoPhillips’ northern Australia and Timor-Leste assets for a reduced purchase price of US$1.265 billion plus an increased contingen...
Fugro Wins 3Y Prorail Framework Contract for Geotechnical Investigation
Netherlands/Holland >> 5/28/2020 - ProRail, the government agency that manages the Dutch railway network, has awarded Fugro and two other partners a 3-year framework contract for geotechnical investigations to support renewal works of ...
Agreement with its Banks
Norway >> 5/28/2020 - Siem Offshore Inc. has on 26 May 2020 entered into an agreement with the group's secured lenders in Europe and Norway for a standstill agreement for the period from 29 May 2020 until 30 April 2021. Th...
Hoegh LNG Announces Interim Results for Quarter Ended 31 March 2020
Norway >> 5/28/2020 - Hoegh LNG Holdings Ltd. reports its financial results for the quarter ended 31 March 2020. ...
Ascent Resources Provides Slovenian Strategy Update
Slovenia >> 5/28/2020 - Ascent Resources plc, the onshore Caribbean, Hispanic American and European energy and natural resources company, is pleased to announce its updated strategy for its Slovenian portfolio.

F...
Columbus Submitted Drilling Application to Ministry
Trinidad and Tobago >> 5/28/2020 - Columbus, the oil and gas producer and explorer with operations in Trinidad and Suriname, is pleased to announce that it has submitted to the Ministry of Energy and Energy Industries ( Trinidad & Toba...
InfraStrata Announces Acquisition of FSRU Project
United Kingdom >> 5/28/2020 - InfraStrata plc (INFA) is pleased to announce that it has entered into a term sheet with West Face Long Term Opportunities Global Master L.P. (the Vendor), conditional on final investment decision (FI...
Subsea 7 Announces Cost Reduction Measures
United Kingdom >> 5/28/2020 - Subsea 7 issued further details of the cost reduction programme, following initial guidance provided on 30 April. ...
Jacobs Secures National Flood Risk Assessment 2 (NaFRA2) Contract
United Kingdom >> 5/28/2020 - Jacobs was selected by England's Environment Agency to design, develop and implement the National Flood Risk Assessment 2 (NaFRA2), a pioneering cloud computing system that will help create a step-cha...
Halliburton Launches Real Time Wireless Depth Correlation system
United States >> 5/28/2020 - Halliburton introduced the DynaTrac Real-Time Wireless Depth Correlation System, a new technology that reduces uncertainty and saves rig-time by enabling operators to accurately position packers, perf...
ConocoPhillips Completes Sale of Interests in Australia-West
Australia >> 5/27/2020 - ConocoPhillips announced the completion of the sale of its subsidiaries that hold its Australia-West assets and operations to Santos. The total consideration for the sale is unchanged; however, in con...
Sale of Cooper Eromanga Basin Assets
Australia >> 5/27/2020 - Oilex Limited (Oilex or the Company) is pleased to announce that it has signed a conditional binding Heads of Agreement (HOA) with Armour Energy Limited (Armour), an ASX-listed company (AJQ), for the ...
Farm-in Agreement for Block 9 PSC in Cuba
Cuba >> 5/27/2020 - Highlights:
- Farm-in Agreement for Block 9 PSC in Cuba executed with Sonangol, the National Oil Company of Angola and Africa’s 2nd largest oil producer ...
Cargotec's Board of Directors Organizing Meeting 2020
Finland >> 5/27/2020 - Cargotec Corporation's Board of Directors elected by the Annual General Meeting has in its organising meeting elected Ilkka Herlin to continue as Chairman of the Board. Tapio Hakakari was elected to c...
Boskalis Awarded Two Dredging Contracts in Finland
Finland >> 5/27/2020 - Royal Boskalis Westminster N.V. (Boskalis) has been awarded two contracts in Finland by the Finnish Transport Infrastructure Agency, the Port of Helsinki and the City of Helsinki with a combined contr...
AXENS’ Recent Sucesses in Hydrocracking
France >> 5/27/2020 - Hydrocracking is one of the major processes in refining converting, in presence of hydrogen, low-value heavy feedstock into high value clean fuels and saturated naphtha. It contributes greatly to the ...
TGS Commences Acquisition of Its Atlantic Margin 20 3D Survey
Norway >> 5/27/2020 - Further to the announcement on April 2, 2020 that the company would undertake a new Atlantic Margin seismic survey, TGS, a leading provider of multi-client geoscience data for exploration & production...
Q1 2020 Trading Statement
Norway >> 5/27/2020 - Performance highlights
- Revenue of USD 279m (USD 305m)
- Financial uptime of 97.5% (98.6%)
- Number of contracted days of 1,555 corresponding to utilisation of 78% (1,523 contrac...
Touchstone Enters into Escrow Arrangements for $20 Million Term Loan
Trinidad and Tobago >> 5/27/2020 - Touchstone Exploration Inc. announces that its indirect wholly-owned subsidiary, Touchstone Exploration (Trinidad) Ltd., has entered into escrow arrangements for a US$20 million, seven-year term loan...
Carl Trowell to Suceed Richard Higham as CEO of Acteon Group
United Kingdom >> 5/27/2020 - Acteon Group Ltd, a leading global provider of marine and seabed services to the renewable, infrastructure and oil and gas industries, is announcing that Dr Carl Trowell is to be appointed as Group Ch...
Neptune Energy Announces Q1 2020 Results
United Kingdom >> 5/27/2020 - Neptune Energy announced its financial results for the three months ended 31 March 2020.

Strong operational performance, with production for ...
Petrofac Begins North Sea Well Decommissioning Contract
United Kingdom >> 5/27/2020 - Petrofac’s Engineering & Production Services business (EPS) has begun activity on its previously awarded well decommissioning contract for the Rubie and Renee fields.

Gulf Oil and Gas
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