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Middle East Oil & Gas News

$2.25B Bonds for Leviathan Project
Israel >> 8/5/2020 - 1- On August 4, 2020, the pricing process of the Issue was completed, in which offers were received for the purchase of the Bonds in an amount significantly exceeding the amount offered in the Issue...
Air Products to Supply Qatargas with LNG Technology
Qatar >> 8/4/2020 - Air Products, the world’s leader in liquefied natural gas (LNG) technology and equipment, has been selected to provide its proprietary AP-X® Natural Gas Liquefaction Process technology and equipment t...
ADNOC and Wanhua Chemical Group Form Strategic Shipping Joint Venture
United Arab Emirates >> 8/4/2020 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced the formation of a new strategic joint venture (JV) with...
DNO Steps up Activity - Releases Second Quarter 2020 Results
Iraq >> 7/30/2020 - DNO ASA, the Norwegian oil and gas operator, today reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company rec...
Genel Energy plc Provides Update on Tawke PSC
Iraq >> 7/30/2020 - 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.

Gross production from the Tawke licence...
Zion Oil & Gas Receives Drilling Plan Approval for Next Well in Israel
Israel >> 7/30/2020 - Zion Oil & Gas, Inc. (ZN) announces formal approval from the Israel Ministry of Energy of its drilling plan for its next well in Israel. ...
Siemens Selected for Gas Reservoir Storage Project with Aramco
Saudi Arabia >> 7/30/2020 - - Siemens Energy to supply 20 compressor trains for a critical gas project in the Kingdom of Saudi Arabia (KSA)

- The project will enable the operator to manage its surplus gas volumes effi...
EDF Signs PPA with NV Energy for Chuckwalla Solar+Storage Project
Saudi Arabia >> 7/29/2020 - EDF Renewables North America announced the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar photovoltaic project coupled with a 180 MW, four-hour batt...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 7/28/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during June 2020.

The Taq Taq partners have received a gross payment of $...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 7/28/2020 - Gulf Keystone confirms that a gross payment of $9.6 million ($7.6 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during June 2020.
Gulf Marine Announces Successful First Deployment of Cantilever Technology
United Arab Emirates >> 7/28/2020 - GMS announces the successful completion of its first Well Intervention workscope, utilising the company's unique Cantilever Workover System, installed on the self-propelled vessel GMS Evolution. Under...
Nakilat Transitions LNG Al Samriya to In-house Management
Qatar >> 7/27/2020 - Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited (Shell) with effect from 27 July 2020, as part of the second pha...
ADNOC Transfers Major Offshore Concessions from CNPC to CNOOC
United Arab Emirates >> 7/27/2020 - The Abu Dhabi National Oil Company (ADNOC) announced its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporatio...
EWEC Announces Partners to Develop the World’s Largest Solar Power Plant
United Arab Emirates >> 7/26/2020 - Consortium comprising TAQA, Masdar, EDF and JinkoPower sign Power Purchase Agreement with EWEC, for a 2 GW solar power plant Competitive bid process results in record-low tariff for solar power, set ...
Tristar Group Begins Construction of New Storage Tanks in Dubai
United Arab Emirates >> 7/26/2020 - Tristar has begun construction of 10 new storage tanks for its chemical terminal in Jebel Ali Free Zone (JAFZA) taken over from Shell in 2019. The construction of the storage tanks will see the ...
Lamprell plc Provides Trading Update
United Arab Emirates >> 7/22/2020 - Lamprell announces the following update on its performance in the year to date.

· Strong operational performance as we continue to safely deliver projects for all of our customers
ADNOC and ADQ Form JV to Catalyze UAE’s Chemicals Sector
United Arab Emirates >> 7/22/2020 - The Abu Dhabi National Oil Company (ADNOC) and ADQ today signed a joint venture (JV) agreement to create a new investment platform to fund and oversee the development of industrial projects within the...
Polarcus Announces Second Quarter and Preliminary Half Year Results 2020
United Arab Emirates >> 7/22/2020 - Polarcus has released its second quarter and preliminary half year results 2020.

Polarcus CEO, Duncan Eley, commented:

'As guided, the Company’s Q2 2020 results were negat...
Fugro Delivers Phase One of Qatargas North Field Survey
Qatar >> 7/21/2020 - Fugro has completed the first phase of their multidisciplinary offshore site investigation for Qatargas’ North Field Production Sustainability’s Compression Phase.

The fieldwork started in ...
Arabtec's Target Engineering Secures $53.33M Saudi Aramco Contract
Saudi Arabia >> 7/21/2020 - Arabtec Holding PJSC (Arabtec or Group), a leading contractor for social and economic infrastructure, has announced that its wholly-owned subsidiary, Target Engineering Construction Company, has been ...
Bahri Reports Record Q2 Results with 1,569% Jump in Net Profit
Saudi Arabia >> 7/20/2020 - Bahri, a global leader in logistics and transportation, has reported record financial results for the first six months of 2020. The fast growth in half-yearly earnings and profitability was fueled by ...
APICORP Provides $50M Credit Facility to SirajPower for Solar Energy Projects
United Arab Emirates >> 7/20/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, has announced a USD50 million credit facility for SirajPower, the UAE’s leading distributed sola...
GE Installs Upgrade to ADNOC Refining Plant in Ruwais
United Arab Emirates >> 7/20/2020 - GE Gas Power has enhanced the efficiency and performance of ADNOC Refining’s General Utilities Plant in Ruwais, United Arab Emirates (UAE) by installing the MXL2 upgrade on a GT13E2 gas turbine. Plann...
TAQA Awards AED 900M Projects to Expand Its Recycled Water Distribution Program
United Arab Emirates >> 7/19/2020 - Abu Dhabi National Energy Company (TAQA) announced that its subsidiary, Abu Dhabi Distribution Company (ADDC) awarded projects worth up to AED 900 million to expand the company’s recycled water distri...
Rex Update: Major Milestone Achieved In Oman
Oman >> 7/17/2020 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil company, would like to give an upd...
Nusaned Investment Announces Deal to Manufacture Wood Plastic Composites
Saudi Arabia >> 7/16/2020 - Nusaned Investment™, owned by SABIC with a mandate to invest in industrial SMEs to increase local content in the Kingdom, signed a deal with Suhul Alkhalej for Industrial Development and Investment Co...
Nakilat Announces 15.5% Increased Profits for the First Half of 2020
Qatar >> 7/15/2020 - Nakilat announced its financial results for the first half of the year ended 30 June 2020, with the company achieving a net profit of QR 550 million compared to QR 476 million during the same period i...
ADNOC Announces $20.7 Billion Energy Infrastructure Deal
United Arab Emirates >> 7/15/2020 - The Abu Dhabi National Oil Company (ADNOC) has closed its $20.7 billion gas pipeline infrastructure investment deal with a global investor consortium comprising Global Infrastructure Partners, Brookfi...
Gulf Keystone Appoints Non-Executive Director
Iraq >> 7/14/2020 - Further to the recent announcement that Garrett Soden was to be re-appointed to the Board of GKP as a Non-Independent Non-Executive Director representing funds managed by Lansdowne Partners Austria Gm...
Saudi Aramco Reorganises Downstream Business
Saudi Arabia >> 7/14/2020 - Reorganization designed to enhance Aramco’s competitiveness and support its vision to be the world’s preeminent integrated energy and chemicals company.

The Saudi Arabian Oil Company announ...
ADNOC Distribution Launches New API-certified Lubricants
United Arab Emirates >> 7/14/2020 - ADNOC Distribution, the UAE’s largest fuel and convenience store retailer, has launched a new range of lubricants that offer greater fuel efficiency for hybrid vehicles.

The new range of AD...
Weatherford Signs 18-month Contract with Iraqi Drilling Company
Iraq >> 7/13/2020 - Weatherford International plc has signed an 18-month contract with the Iraqi Drilling Company (IDC) to provide services and project management for the drilling and completion of twenty wells in the Al...
Polarcus Awarded 3D Project in Asia Pacific
United Arab Emirates >> 7/10/2020 - Polarcus Limited (Polarcus) (PLCS) announces a contract has been entered into with ENI for 3D seismic data acquisition services in Asia Pacific with an expected minimum duration of one month. The proj...
Nakilat Transitions LNG Bu Samra to In-house Management
Qatar >> 7/8/2020 - Nakilat has assumed full ship management and operations of Q-Max LNG carrier Bu Samra from Shell International Trading and Shipping Company Limited (Shell) with effect from 8th July 2020, as part of t...
NEOM, ACWA Power, Air Products Ink $5B Agreement
Saudi Arabia >> 7/7/2020 - Air Products, in conjunction with ACWA Power and NEOM, announced the signing of an agreement for a $5 billion world-scale green hydrogen-based ammonia production facility powered by renewable energy. ...
CBH to Invest $1.5B in Oman LSFR Project
Oman >> 7/6/2020 - CBH Inc. will invest in the Sultanate of Oman in the construction of a Low Sulphur Fuel Oil Refinery. The LSFO refinery aims to serve the growing shipping needs for IMO complaint cleaner fuel for ship...

Africa Oil & Gas News

Invictus Energy Provides Update on Activities at its Cabora Bassa Project
Zimbabwe >> 8/5/2020 - Invictus Energy Limited, is pleased to provide an update on the activities of its 80% owned and operated Cabora Bassa Project in Zimbabwe. ...
Westport Fuel Systems Announces Supply Contract with NAFTAL
Algeria >> 8/4/2020 - Westport Fuel Systems Inc. (“Westport Fuel Systems”) (WPRT) announced a new contract between MTM (the fully owned Italian subsidiary of Westport Fuel Systems) and NAFTAL (Algerian State Owned Agency f...
ShoreCan and Essar Mauritius Resolve Dispute
Nigeria >> 8/4/2020 - Canadian Overseas Petroleum Limited ("COPL"), an international oil and gas exploration and development company focused on offshore Africa, is pleased to announce that its 50% owned joint venture compa...
Equatorial Guinea Hold Discussions with African Energy Chamber
Equatorial Guinea >> 8/3/2020 - Last week, the African Energy Chamber held a bilateral discussion with the Ministry of Mines and Hydrocarbons of Equatorial Guinea, led by H.E Gabriel Mbaga Obiang Lima, alongside the Director of Hydr...
Kosmos Energy Announces Second Quarter 2020 Results
Ghana >> 8/3/2020 - Kosmos Energy Ltd. announced the financial and operating results for the second quarter of 2020. For the quarter, the Company generated a net loss of $199 million, or $0.49 per diluted share. When adj...
San Leon Acquires 10% Interest in New Nigerian Oil Export System
Nigeria >> 8/3/2020 - San Leon, the independent oil and gas production, development and exploration company focused on Nigeria, announces that it is investing US$15 million in Energy Link Infrastructure (Malta) Limited ("E...
Pre-qualification in Nigeria's 2020 Marginal Field Bid Round
Nigeria >> 8/3/2020 - ADM Energy PLC has successfully pre-qualified in the Nigerian Government's 2020 Marginal Field Bid Round ("Bid Round"). The Company is participating in the Bid Round as the exclusive technical partner...
Austin Avuru Retired as CEO of Seplat Petrroleum
Nigeria >> 8/3/2020 - Further to the announcement made on November 18, 2019, Seplat Petroleum Development Company Plc ("SEPLAT" or the "Company") confirms that Mr. Austin Avuru has retired as the CEO of the Company. Mr. Av...
Sasol Invites Bidders for the Development of Two 10MW Solar Facilities
South Africa >> 8/3/2020 - Sasol is inviting interested Bidders to participate in a Request for Proposals (RFPs) process for the development of two embedded 10MW Solar Photo-Voltaic (PV) facilities at its South African operatio...
Loan Facility for African Development
Congo >> 7/31/2020 - Zenith Energy Ltd., the listed international oil & gas production company, is pleased to announce that its Italian subsidiary has received approval to be awarded a legally binding loan facility (the “...
Savannah Announces Financial and Operational Update for H1 2020
Nigeria >> 7/31/2020 - Savannah Energy PLC, the British independent energy company focused around activities in Nigeria and Niger, is pleased to announce its unaudited preliminary results for the year ended 31 December 2019...
SONATRACH & OMV Sign a Memorandum of Understanding
Algeria >> 7/30/2020 - The national oil company SONATRACH and the international oil and gas company (OMV) signed a Memorandum of Understanding (MoU) to initiate discussions to identify opportunities for both parties to join...
SONATRACH & the Spanish Group CEPSA Sign a Memorandum of Understanding
Algeria >> 7/30/2020 - The SONATRACH Group and the Spanish CEPSA Group signed a memorandum of understanding (MoU) in Algiers to examine the possibilities of joint investments in the fields of exploration, development and pr...
Tlou Energy Ltd Operational Report - Quarter Ending 30 June 2020
Botswana >> 7/30/2020 - Tlou Energy Limited is an ASX, AIM and BSE listed company focused on delivering power in Botswana and southern Africa through the exploration and development of gas and solar. ...
Total Gabon Divests its Portfolio of Mature Non-Operated Assets
Gabon >> 7/30/2020 - Total announces that its 58% owned affiliate Total Gabon has signed an agreement with Perenco to divest its interests in seven mature non-operated offshore fields, along with its interests and operato...
Aminex Provides Ruvuma Farm-Out Update
Tanzania >> 7/30/2020 - Aminex announces that the parties to the Ruvuma Farm-Out Agreement have agreed to extend the long stop date for satisfaction of the conditions to the Farm-Out from 31 July 2020 to 31 August 2020. Ami...
Political, Economic Stability Attracted Investments to Egypt
Political, Economic Stability Attracted Investments to Egypt Egypt >> 7/29/2020 - Minister of Oil Tarek el Mulla said that political and economic stability of Egypt led to increasing foreign investments into the Egyptian energy sector despite the impact of the coronavirus. ...
Egypt's Arrears to Foreign Oil Companies Fall to $850M at End of June
Egypt's Arrears to Foreign Oil Companies Fall to $850M at End of June Egypt >> 7/29/2020 - Egypt’s arrears to foreign oil companies decreased to $850 million at the end of June from $900 million a year ago, the country’s petroleum minister said.

“The balance of for...
REDAVIA Deploys First Solar Farm in Kenya at Menengai Farmers Ltd
Kenya >> 7/29/2020 - REDAVIA, a global market leader of cost-effective, reliable, and clean solar power for businesses, deployed its first solar farm in Kenya for Menengai Farmers Ltd tea farm in Tigoni. ...
Trading Statement & Operational Update
Kenya >> 7/29/2020 - Tullow Oil plc issues this statement to summarise recent operational activities and to provide trading guidance in respect of the financial half year to 30 June 2020. This is in advance of the Group’s...
Seplat Announces Unaudited Results for the 6M Ended 30 June 2020
Nigeria >> 7/29/2020 - Seplat Petroleum Development Company Plc, a leading Nigerian independent energy company listed on both the Nigerian Stock Exchange and the London Stock Exchange, announces its unaudited results for th...
ADM Energy Provides Directorate Change
Nigeria >> 7/29/2020 - ADM Energy PLC, an oil and gas investing company, is pleased to announce the appointment of Sir Henry Bellingham as Non-executive Director with immediate effect. ...
Air Liquide to Acquire & Operate the Biggest Oxygen Production Site
South Africa >> 7/29/2020 - In line with its plan to reduce its emissions of CO2, Sasol has signed an exclusive negotiation agreement for Air Liquide to acquire the biggest oxygen production site in the world located in Secunda ...
Orca Exploration to Change Its Name to Orca Energy Group Inc.
Tanzania >> 7/29/2020 - Orca Exploration Group Inc. announces that it intends to change its legal name to Orca Energy Group Inc. The effective date of the name change is expected to be July 31, 2020. ...
Eni Announces New Discovery in North El Hammad Concession in Egypt
Eni Announces New Discovery in North El Hammad Concession in Egypt Egypt >> 7/28/2020 - Eni (as the Operator of the Block), bp and Total (as Contractor members) have successfully tested the well drilled on the prospect called Bashrush, in the North El Hammad concession, in the convention...
Eni Announces New Oill Production in South West Meleiha Concession
Eni Announces New Oill Production in South West Meleiha Concession Egypt >> 7/28/2020 -  Eni announces the successful drilling of the SWM-A-6X well, in the South West Meleiha development and exploration concession located in the Egyptian Western Desert, some 130 km North of the of Siwa O...
NOC Reports Revenues for June 2020
Libya >> 7/28/2020 - The National Oil Corporation (NOC) reported crude oil, gas (propane and butane) and condensates export revenues of US$45,552,578.87 million for June, the lowest recorded this year. No revenues were ea...
Tower Resources Provides Namibia Update
Namibia >> 7/28/2020 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on activity in respect of license PEL 96 in Namibia, covering blocks 1910A, 1911 and 191...
Victoria Provides Q2 2020 Operational Update
Cameroon >> 7/27/2020 - Victoria Oil & Gas Plc , whose wholly owned subsidiary, Gaz du Cameroun S.A . ("GDC"), the onshore gas producer and distributor with operations located in the port city of Douala, Cameroon , is plea...
LUKOIL Enters Hydrocarbon Production Project in Senegal
Senegal >> 7/27/2020 - PJSC LUKOIL concludes an agreement with Cairn Energy PLC to acquire a 40% interest in RSSD (Rufisque, Sangomar and Sangomar Deep) project in the Republic of Senegal for $300 mln in cash. The agreement...
SNC-Lavalin Sells South African Resources Business
South Africa >> 7/27/2020 - SNC-Lavalin has entered into a definitive agreement to sell its South African Resources business to local management. The sale forms part of the Company’s strategy to become a leading professional ser...
Multiconsult Wins New Hydropower Contracts in Tanzania
Tanzania >> 7/27/2020 - Tanzania Electric Supply Company Limited (TANESCO) has selected Multiconsult Norge AS with Norplan Tanzania Ltd (49% owned) and Tanzania Photomap Ltd as subcontractors, to provide consultancy services...
ION Announces First 3D Multi Client Program
Mauritania >> 7/23/2020 - ION Geophysical Corporation announced the first 3D multi-client program in Mauritania in partnership with the Ministry of Petroleum, Mines and Energy (MPME). ION will seamlessly integrate and reimage...
ADM Energy Provides Directorate Changes
Nigeria >> 7/22/2020 - ADM Energy PLC, a natural resources investing company, is pleased to announce the appointment of Dr Stefan Liebing to the Board of Directors with immediate effect. In addition, Sergio Lopez, Non-execu...
PGS Data Covers Key Blocks for Nigeria’s 2020 Bid Round
Nigeria >> 7/22/2020 - The PGS Nigeria MultiClient data library provides excellent 2D and 3D seismic coverage over recently announced blocks in the 2020 Marginal Fields Bid Round. ...
Resumption of Production at the Skikda Natural Gas Liquefaction Complex
Algeria >> 7/21/2020 - SONATRACH announces that the resumption of production at the natural gas liquefaction complex located in Skikda (GL1K) began on 07/16/2020, after a general shutdown to carry out periodic maintenance w...
Eni Seeks Energy Asset Sales in Norway & Congo
Congo >> 7/21/2020 - Eni SpA is looking to sell assets in Norway and the Republic of Congo as oil’s slump prompts companies across the industry to rein in spending. ...
BW Offshore Receives Contract Extension for Petróleo Nautipa
Gabon >> 7/21/2020 - BW Offshore has received a one-year contract extension for the lease and operation of the FPSO Petróleo Nautipa. The firm period has been extended to Q3 2022 (from Q3 2021). The FPSO is operating on t...
EXIM Bank Reaffirms Support, Signs Initial Financing Documents for Mozambique LNG
Mozambique >> 7/21/2020 - As a major integrated liquefied natural gas (LNG) project in Mozambique advances toward fruition, the Export-Import Bank of the United States (EXIM) has reaffirmed its continuing support for the devel...
AFDB Set to Join Landmark $20b Mozambique LNG Financing
Mozambique >> 7/21/2020 - The African Development Bank has concluded its bid to co-finance the construction of Mozambique's integrated Liquefied Natural Gas (LNG) plant by signing a senior loan of $400 million for the transfor...

Asia Oil & Gas News

Seasonal Turnaround Campaign Commenced at the Molikpaq
Russia >> 8/5/2020 - Sakhalin Energy continues to perform planned maintenance activities at Sakhalin-2 production assets. The company commences a seasonal turnaround campaign at the Molikpaq offshore oil and gas platform....
10 Million Tonnes of Hi-Viscosity Oil Produced at TATNEFT
Russia >> 8/5/2020 - TATNEFT began production of HVO for the first time in Russia in 2006 introducing the Company’s own development technologies based on the steam gravity drainage principle with application of twin horiz...
JM Methanol Technology Chosen for Largest Train Methanol Plant
China >> 8/4/2020 - Johnson Matthey (JM) is pleased to announce another successful license award. JM has been selected by China’s Ningxia Baofeng Energy Group as licensor for the third methanol synthesis plant at their c...
MOL Introduces Virtual Ship Visit Application
Japan >> 8/4/2020 - Mitsui O.S.K. Lines, Ltd. has announced the release of the "Fleet Tour" virtual ship visit application using the Ricoh Theta, a 360-degree camera and the Theta 360.biz a virtual tour production servic...
Alam Maritim Awarded 5-year Contract from Repsol Oil & Gas Malaysia
Malaysia >> 8/4/2020 - Alam Maritim Resources Bhd announced that its wholly-owned subsidiary, Alam Maritim (M) Sdn Bhd, has received a letter of award from Repsol Oil & Gas Malaysia Ltd for the provision of subsea inspectio...
Manor Signs First Offshore Wind Contract in Taiwan
Taiwan >> 8/4/2020 - Manor Renewable Energy (MRE) has signed a contract with Yunneng Wind Power Co. Ltd for the provision of temporary power during the turbine construction phase of the Yunlin Offshore Wind Farm. Yunneng ...
Pharos Energy Announces TGT Field Licence Extension and RBL Update
Vietnam >> 8/4/2020 - Pharos Energy plc, an independent oil and gas exploration and production company, has announced that the Joint Operating Company's (JOC) request for an extension for the TGT field licence of two years...
UOG Announces Production Sharing Agreement in Jamaica
Bangladesh >> 8/3/2020 - United Oil & Gas PLC ("UOG"), the high growth oil and gas company with a portfolio of production, development and exploration and appraisal assets is pleased to announce that it has received approval...
Oil Industry Carries on Regardless of Sanctiones
Iran >> 8/3/2020 - Iranian Minister of Petroleum, Bijan Zangeneh stated that in the recent couple of years following U.S. withdrawal from the nuclear deal and re-exercising unfair sanctions against Iranian energy sector...
NOVATEK Commenced Gas Production at the North-Russkiy Cluster
Russia >> 8/3/2020 - PAO NOVATEK (“NOVATEK”) announced that NOVATEK-Tarkosaleneftegas, a wholly owned subsidiary, commenced pilot production from gas condensate bearing layers of the North-Russkoye and East-Tazovskoye fie...
Jan De Nul Reaches Important Milestones for TPC Wind Farm in Taiwan
Taiwan >> 8/3/2020 - Jan De Nul Group reaches another significant milestone by completing the installation of four medium-voltage export cables connecting the offshore wind farm to the shore, as well as the upgrade of the...
Polarcus Awarded 3D Project in Asia Pacific
Singapore >> 7/31/2020 - Polarcus Limited (Polarcus) (PLCS) announces that a letter of intent has been received for 3D seismic data acquisition services in Asia Pacific with an expected duration of 1 month. The project is sch...
Naftogaz Raises EUR 51.9M to Develop Gas Production & Energy Efficiency
Ukraine >> 7/31/2020 - Naftogaz Group and the Finance Ministry of Ukraine have concluded a loan agreement with Ukraine's biggest international financial investor, the European Bank for Reconstruction and Development (EBRD)....
MHI Enters into JV to Develop Offshore Wind in Hokkaido, Japan
Japan >> 7/30/2020 - Mitsubishi Heavy Industries (MHI) and Copenhagen Infrastructure Partners (CIP) are pleased to announce a joint venture regarding the development of offshore wind projects in Hokkaido, Japan. The joint...
Sapura Energy Appoints Tan SRI Shamsul Azhar Abbas as New Chairman
Malaysia >> 7/30/2020 - Sapura Energy Berhad is pleased to announce the appointment of Tan Sri Dato' Seri Shamsul Azhar Abbas as its Director and Non-Independent Non-Executive Chairman. He succeeds Tan Sri Datuk Amar (Dr.) H...
Gazprom Neft Joins the International LNG-Bunkering Community
Russia >> 7/30/2020 - Gazprom Neft has become the first oil company in Russia to join the Society for Gas as a Marine Fuel (SGMF), through its Gazpromneft Marine Bunker subsidiary Gazpromneft Shipping, operator of the Gazp...
Keppel Reports Net Loss of S$537m for 1H 2020
Singapore >> 7/30/2020 - Keppel Corporation Limited reported a net loss of S$537 million for the half year ended 30 June 2020, compared to a net profit of S$356 million for 1H 2019, after S$930 million of impairments mainly r...
Extensive Acidizing Operations Ended on 11 Wells of Phase 14
Iran >> 7/29/2020 - As reported by public relations of Pars Oil and Gas Company (POGC), phase 14’s director, Mohammad Mehdi Tavasolipour, said extensive acidizing operations were successfully carried out on 11 wells of b...
Gazprom Neft Develops Its New Production Cluster in Western Siberia
Russia >> 7/29/2020 - Gazprom Neft has begun its full-scale development of a major hydrocarbon cluster (with total potential resources estimated at 650 million tonnes of oil) covering license blocks in the Khanty-Mansi Aut...
Weatherford Remotely Installs Liner Hanger on Russian Offshore Platform
Russia >> 7/29/2020 - Weatherford International plc (WFTLF) announced it successfully and remotely used a restricted crew to install a 16-inch liner hanger on an offshore platform in Sakhalin Island, Russia during the COVI...
Linde Starts Up New Plants for Major Electronics Customer in Taiwan
Taiwan >> 7/29/2020 - Linde announced that it has started up a new air separation unit (ASU) and the first of three nitrogen generators, as part of a 15-year contract to supply ultra-high purity industrial gases to a major...
Formosa 2 First Pin Piles Arrive in Taiwan
Taiwan >> 7/29/2020 - Jan De Nul Group has started transportation of the pin piles for the 376 MW Formosa 2 Offshore Wind Farm. The first batch of 26 pin piles was loaded on the transportation vessel BBC Onyx at EEW SPC’s ...
Xodus Group and E&E Solutions Form Japanese Offshore Wind Partnership
Japan >> 7/28/2020 - Xodus Group has agreed a partnership with Japanese consultancy E&E Solutions to deliver in-depth advice and analysis for the fast-developing offshore wind market in Japan.

The collaboration...
Petronas Extends Bid Submission Deadline for 2020 Bid Round
Malaysia >> 7/28/2020 - In view of the nationwide Movement Control Order issued by the Government of Malaysia to curb the spread of COVID-19, PETRONAS is extending the Data Review and Bid Submission deadline for the 2020 Mal...
Halliburton to Provide Digitalization for Petronas Exploration Activities
Halliburton to Provide Digitalization for Petronas Exploration Activities Malaysia >> 7/28/2020 - Halliburton Company (HAL) announced it received a scope expansion from Petroliam Nasional Berhad (PETRONAS) to support their upstream digitalization initiatives and reduce exploration time by increasi...
PDE Offshore Supports Taiwanese Wind Build out Using Sonardyne Technology
Taiwan >> 7/28/2020 - Underwater positioning equipment from Sonardyne Asia Pte Ltd. has been selected by PDE Offshore Corporation to support its work on wind farm construction projects offshore Taiwan.
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Sparrows Group Extends Relationship with Vedanta
India >> 7/27/2020 - Sparrows Group has secured a three-year contract renewal to supply a rental crane to Vedanta Resources Limited, extending its relationship with the company to nine years. ...
Total & Indian Oil Form Joint Company in India to Offer Bitumen Derivatives
India >> 7/27/2020 -  Indian Oil Corporation and Total announce the formation of a 50:50 Joint Venture (JV) company that will manufacture and market high-quality bitumen derivatives and specialty products for the growing ...
Cairn Deploys Honeywell Forge to Enable Remote Operations
India >> 7/27/2020 - Honeywell announced that Cairn Oil & Gas, Vedanta Ltd., the largest private oil and gas exploration and production (E&P) company in India, has deployed Honeywell Forge enterprise performance managemen...
Oilex Limited Announce West Kampar Update in Indonesia
Indonesia >> 7/27/2020 - Oilex Limited (Oilex) is pleased to announce substantial progress has been made towards the Company’s strategic objective to regain a participating interest in the West Kampar PSC in Indonesia, which ...
Marubeni Receives Development Rights of Thilawa LNG To Power Project
Myanmar >> 7/27/2020 - Marubeni Corporation, with Sumitomo Corporation, Mitsui & Co., Ltd and Eden Group Co,. Ltd, has received a Notice To Proceed from the Ministry of Electricity and Energy of Myanmar for an LNG To Power ...
Messoyakhaneftegaz Is the First Company to Implement APG Utilization Project
Russia >> 7/27/2020 - Messoyakhaneftegaz, a Gazprom Neft—Rosneft joint venture, has commissioned an underground gas storage facility at its Messoyakhsky license block. This is the first time in Russia’s domestic oil indust...
Eni Expands Gas Potential in the Ken Bau Discovery in Block 11
Vietnam >> 7/27/2020 - Eni announces that its exploration well, Ken Bau-2X, located in Block 114, Song Hong Basin, offshore Vietnam, has confirmed a significant hydrocarbon accumulation on the Ken Bau discovery, further exp...
POGC Announced the Commissioning of Infield Pipeline in of Phase 13
Iran >> 7/26/2020 - Director of phase 13 announced that the pre-commissioning and commissioning operations of infield pipeline connecting platform 13C to 13A was completed. ...
Nord Stream Pipeline Resumed Work after Completion of Annual Maintenance
Russia >> 7/26/2020 - Nord Stream AG has successfully completed all planned maintenance works on its twin gas pipelines within the scheduled period. After the temporary shutdown of the pipeline system, gas transmission res...
Marine Pipe-Laying Operations Started Between Kish Island & Garzeh Region
Iran >> 7/25/2020 - As reported by public relations of Pars Oil and Gas Company (POGC), director of Kish gas field development plan, Abdullah Mehrabi, pointed out to the start of the longest marine pipe-laying operations...
Novatek Shipped First LNG Cargo to Japan via Northern Sea Route
Japan >> 7/24/2020 - PAO NOVATEK (“NOVATEK”) announced that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to Japan trans...
Kim Heng Navigates Through Unprecedented Times and Positions for Recovery
Singapore >> 7/24/2020 - Kim Heng Offshore & Marine Holdings Limited, is pleased to announce that its 51% owned subsidiary Bridgewater Offshore Pte Ltd (“BWO”) has acquired 2 units of 12,500 horsepower anchor handling tug (“A...
Asset Value Review & Restoration Provisions
Thailand >> 7/24/2020 - Tap Oil Limited has undertaken a review as of 30 June 2020 of the carrying values of its assets in accordance with the Company’s accounting policies and accounting standards. <...
Tap Oil Announces Quarterly Report For the Quarter ended 30 June 2020
Thailand >> 7/24/2020 - Highlights
- US$26.66 million of cash on hand (including Tap’s share of joint venture cash) as at 30 June 2020
- Manora production during the June 2020 quarter (June Quarter) averaged 4,51...

Global Oil & Gas News

Bahamas Petroleum Receives Court Sanction of Merger with Columbus Energy Resources
Bahamas >> 8/5/2020 - Bahamas Petroleum Company ('BPC'), the Caribbean and Atlantic margin focused oil and gas company, with exploration, production, appraisal and development assets across the region, has confirmed that t...
Neptune Energy Drills Oil Discovery Near the Snorre Field in North Sea
Norway >> 8/5/2020 - Neptune Energy Norge AS, operator of production licence 882, has completed the drilling of wildcat well 34/4-15 S and appraisal well 34/4-15 A.

The wells were drilled about 10 kilometres no...
Dry Well Near the Ivar Aasen Field in the North Sea – 16/1-33 S
Norway >> 8/5/2020 - Spirit Energy Norway AS, operator of production licence 780, is in the process of concluding the drilling of wildcat well 16/1-33 S.

The well was drilled about 5 kilometres north of the Iva...
TGS Announces Return to Argentina to Complete Malvinas 3D Multi-Client Survey
Argentina >> 8/4/2020 - TGS has announced a return to Argentina to complete the previously announced 17,800 sq km Malvinas 3D Multi-Client survey. Acquisition is set to resume in Q4 2020 on the highly- funded survey and will...
Eni and ASSTRA, a Partnership to Promote Sustainable and Decarbonized Mobility
Italy >> 8/4/2020 - An alliance between the world of energy production and local public transport services aims to accelerate sustainable mobility and decarbonization to create environmental, social and economic value fo...
Neptune Energy Confirms Significant Discovery at Dugong Well
Norway >> 8/4/2020 - Neptune Energy and its partners announced the commercial discovery of oil at the Dugong well (PL882) in the Norwegian sector of the North Sea, the largest discovery in Norway so far this year.

...
Fugro Performs Fully Remote Platform Inspection on UK Continental Shelf
United Kingdom >> 8/4/2020 - Fugro has delivered the first fully remote inspection of an oil and gas platform in UK waters, 250 km east of Scotland, using a remotely operated vehicle (ROV) and Fugro’s state-of-the art remote oper...
Union Jack Oil Announces West Newton Operations and Progress Update
United Kingdom >> 8/4/2020 - AIM-listed Union Jack Oil, a UK focused onshore hydrocarbon production, development and exploration company, is pleased to announce a positive update on operations and progress at West Newton in respe...
Devon Energy Provides Update on Barnett Shale Asset Sale
United States >> 8/4/2020 - KEY HIGHLIGHTS

- Accelerating Barnett Shale closing to Oct. 1, 2020, from previously scheduled date of Dec. 31, 2020

- Board of directors declares a $100 million special d...
Solstad Offshore Awarded Contract in Australia
Australia >> 8/3/2020 - Solstad Offshore ASA (“Solstad”) is pleased to announce that the AHTS’s Normand Saracen and Far Senator, along with the PSV Normand Leader, have been awarded a contract with BP Developments Australia ...
Shell to Acquire Environmental Services Company Select Carbon
Australia >> 8/3/2020 - Shell Australia will acquire 100% of Select Carbon, a specialist company that partners with farmers, pastoralists and other landowners to develop carbon farming projects throughout Australia. ...
Operational and Financial Update Q2 2020
Brazil >> 8/3/2020 - Operational The fleet utilisation rate in the second quarter of 2020 was 6.5 per cent (Q2 2019: 71.6 per cent).

Prosafe refers to the press release from 9 April 2020 regarding discu...
GeoPark Announces the Appointment of Somit Varma to Its Board of Directors
Colombia >> 8/3/2020 - GeoPark Limited (“GeoPark”) (GPRK), a leading independent Latin American oil and gas explorer, operator and consolidator with operations and growth platforms in Colombia, Peru, Argentina, Brazil, Chil...
Tyra Patform Removals Under Way Offshore Denmark
Denmark >> 8/3/2020 - Allseas’ involvement in the complex Tyra redevelopment project for Total is off to the perfect start with the successful single lift removal of the field’s heaviest topsides. Pioneering Spirit made l...
Ørsted Secure Funding for Renewable Hydrogen Project in Germany
Germany >> 8/3/2020 - The partners of the WESTKÜSTE 100 project received funding confirmation from the German Federal Ministry of Economic Affairs and Energy as the first large-scale hydrogen project in Germany within the ...
Francesco Gattei Becomes New CFO at Eni
Italy >> 8/3/2020 - Francesco Gattei has taken up the role of Chief Financial Officer at Eni. Gattei is tasked with supporting the CEO in developing and implementing Eni’s economic and financial strategy during this impo...
Versalis to Produce New Solid Polystyrene Products
Italy >> 8/3/2020 - Versalis (Eni) and Forever Plast SpA, a leading Italian company in the recovery and recycling of post-consumer plastic at European level, have signed an agreement to develop and market a new range of ...
NPD Has Granted ConocoPhillips Drilling Permit for Well 6507/4-1
Norway >> 8/3/2020 - The Norwegian Petroleum Directorate has granted ConocoPhillips Skandinavia AS a drilling permit for well 6507/4-1, cf. Section 15 of the Resource Management Regulations. ...
Axxis Geo Solutions Announces Smart-Stack Cost Reduction Plans
Norway >> 8/3/2020 - Due to COVID-19, their exists significant uncertainty around the OBN market in H2-2020. In line with the company’s asset-light and cost-flexible business model, Axxis Geo Solutions (AGS) will transiti...
Loxley Planning Consent Meeting to be Rerun
United Kingdom >> 8/3/2020 - UK Oil & Gas PLC (UKOG) is pleased to note that following questions raised as to the lawfulness of the planning committee meeting (PCM) held on 29th June, during which the Company's Loxley gas apprais...
Union Jack Announces Wressle Development Update
United Kingdom >> 8/3/2020 - Union Jack Oil plc (UJO) development and exploration company is pleased to announce a positive update on progress on the Wressle oilfield development and the approval by the Oil and Gas Authority (“OG...
Borr Drilling Announces Fleet Status Report
United Kingdom >> 8/3/2020 - Borr Drilling Limited (“BORR”) is pleased to announce in its fleet status report today that it has entered into a new contract and LOIs for three of its currently warm stacked rigs, adding USD 21 mill...
IOG Awards Phase 1 Platform EPCI Contract to HSM
IOG Awards Phase 1 Platform EPCI Contract to HSM United Kingdom >> 8/3/2020 - Independent Oil and Gas plc ("IOG"), (IOG.L) is pleased to announce that it has awarded the Engineering, Procurement, Construction and Installation (EPCI) contract for its Core Project Phase 1 platfor...
Marathon Petroleum Announces Agreement for $21B Sale of Speedway
United States >> 8/2/2020 - Marathon Petroleum Corp. (MPC) announced that it and certain of its subsidiaries have entered into a definitive agreement with 7-Eleven, Inc., a wholly owned, indirect subsidiary of Seven & i Holdings...
SBM Offshore Completes $600M Bridge Loan for FPSO Sepetiba
Netherlands/Holland >> 8/1/2020 - SBM Offshore is pleased to announce the closure of a US$600 million bridge loan facility for the financing of the construction of FPSO Sepetiba.
<...
Argentina’s Highest Court Rejected the Plaintiffs’ Final Bid Against Chevron
Argentina >> 7/31/2020 - Argentina’s highest court unanimously rejected the plaintiffs’ final bid to enforce a fraudulent $9.5 billion Ecuadorian judgment against Chevron Corporation. This is the latest in a string of legal v...
Origin Energy Provides June 2020 Quarterly Report
Australia >> 7/31/2020 - Integrated Gas

- Origin received record cash distributions from APLNG of $1,275 million in FY2020, at the top end of the guidance range and up from $974 million in FY2019.

...
SNC-Lavalin Announces Transformation of Resources Business
Canada >> 7/31/2020 - SNC-Lavalin Group Inc. (SNC) announces it is transforming its Resources Business to focus on a Services offering in a limited number of existing primary markets, that complement the Company’s broader ...
ENGIE to Accelerate Growth in Renewables & Infrastructure Assets
France >> 7/31/2020 - • Acceleration of investment in renewables and infrastructure assets
• Strategic review of part of the Client Solutions business
• Significant enhancement of the divestment programme to fun...
Providence Resources Announces Barryroe Farmout Update
Ireland >> 7/31/2020 - Providence Resources P.l.c (PVR LN, PRP ID), the Irish based Oil and Gas Energy Company is progressing Farm out discussions with SpotOn Energy on Exploration Licence SEL1/11, which includes the Barryr...
Termination of SPA for Acquisition of Coro Energy Italian Assets
Italy >> 7/31/2020 - Zenith Energy Ltd. ("Zenith") (ZENA-ME), the listed international oil & gas production company, announces the termination, by mutual agreement between the parties, of the sale and purchase agreement (...
Equinor Drills Dry Well near the Johan Castberg Field
Norway >> 7/31/2020 - Equinor Energy AS, operator of production licence 532, has concluded the drilling of wildcat well 7219/9-3.

The well was drilled abou...
Independent Oil and Gas Provides an Operational Update for July 2020
United Kingdom >> 7/31/2020 - Independent Oil and Gas plc ("IOG"), (IOG.L), the development and production company focused on becoming a substantial UK gas producer , is pleased to provide an operational update for July 2020. ...
Enquest Signs Agreement for Equity Interest in the Bressay Oil Field
United Kingdom >> 7/31/2020 - EnQuest PLC (together with its subsidiaries, 'EnQuest') is pleased to announce it has signed a sale and purchase agreement ('SPA') with Equinor to purchase a 40.81% equity interest in the Bressay oil ...
Advance Energy Announces Corporate Update
United Kingdom >> 7/31/2020 - Advance Energy plc (ADV), the energy company seeking growth through acquisition or farm-in to non-operated interests in discovered upstream projects, provides the following corporate update. ...
Chevron Announces Second Quarter 2020 Results
United States >> 7/31/2020 - Chevron Corporation (CVX) reported a loss of $8.3 billion ($(4.44) per share - diluted) for second quarter 2020, compared with earnings of $4.3 billion ($2.27 per share - diluted) in second quarter 20...
ExxonMobil Reports Results for Second Quarter 2020
United States >> 7/31/2020 - Exxon Mobil Corporation announced an estimated second quarter 2020 loss of $1.1 billion, or $0.26 per share assuming dilution. Results included a positive noncash inventory valuation adjustment from r...
Shell Completes Sale of US Appalachia Assets to National Fuel
United States >> 7/31/2020 - SWEPI LP (Shell), a subsidiary of Royal Dutch Shell plc, has completed the sale of its Appalachia shale gas position to Seneca Resources Company, LLC and NFG Midstream Covington, LLC, each of which ar...
Comet Ridge Provides Greater Mahalo Development Area Update
Australia >> 7/30/2020 - Comet Ridge Limited is pleased to provide an update on its plans for the Greater Mahalo Development Area, comprising the Mahalo Gas Project (COI 40%) and Mahalo North Project (COI 100%), as well as th...
Petrobras Ends Its Second Quarter with Positive Ebitda & Free Cash Flow
Brazil >> 7/30/2020 - Despite the economic effect caused by the pandemic, particularly the in oil prices, the company ends the quarter with positive financial indicators ...

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