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Middle East Oil & Gas News

Genel Announces Two-thirds Increase in Production from Peshkabir Field
Iraq >> 7/17/2018 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has announced a two-thirds increase in production from the Peshkabir field in the Tawke licence in the K...
Iraqi Police Use Batons to Disperse Protesters Outside Zubair Oilfield
Iraq >> 7/17/2018 - Iraqi police wielded batons and rubber hoses to disperse about 250 protesters gathered at the main entrance to the Zubair oilfield near Basra as unrest across southern cities over poor basic services ...
Protesters Gather at Iraq's Siba Gas Field
Iraq >> 7/16/2018 - About 200 protesters gathered at the main entrance to Iraq’s Siba natural gas field, police and energy sources said, following a week of unrest over poor services sweeping southern cities. ...
SNC-Lavalin Awarded Five-year Agreement with Al Khafji Joint Operations
Saudi Arabia >> 7/16/2018 - SNC-Lavalin subsidiary SNC-Lavalin Engineers and Constructors Inc. has signed a five-year framework agreement to provide International General Engineering Services to Al Khafji Joint Operations (KJO),...
Axens’ APC to Optimize SATORP Aromatics Complex Performance
Saudi Arabia >> 7/11/2018 - SATORP (Saudi Aramco Total Refining and Petrochemicals Company) has selected Axens to evaluate, develop, and implement an Advanced Process Control (APC) system for its aromatics complex ParamaX® produ...
Weatherford To Sells Drilling Rigs in Middle East, Algeria
Saudi Arabia >> 7/11/2018 - A subsidiary of Weatherford International plc has signed a definitive agreement with ADES International Holding Ltd. for the sale of Weatherford's land drilling rig operations in Algeria, Kuwait and S...
Iraq Extends Bid Deadline for Kut Oil Refinery Project
Iraq >> 7/10/2018 - Iraq has extended the deadline for foreign companies and investors to bid for a project to build a 100,000 barrel-per-day refinery in Kut province, the oil ministry said. ...
Precision Drilling Wins Kuwait Contract Award
Kuwait >> 7/9/2018 - Precision Drilling Corporation has announced the award of one new build ST-3000 drilling rig in Kuwait under a five year take-or-pay contract with an optional one year extension. Precision has five ac...
ADNOC Aims to Deepen Investment and Partnership with China
United Arab Emirates >> 7/9/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Abu Dhabi National Oil Company (ADNOC) Group CEO, held a series of meetings with Chinese oil, gas, refining and petrochemical indust...
Israeli Court Dismisses Petition Against Karish-Tanin Development
Israel >> 7/5/2018 - Energean Oil and Gas plc (ENOG), the independent oil and gas exploration and production company focused on the Eastern Mediterranean, announces that on 3 July 2018 the Israeli Supreme Court, sitting a...
Saudi Aramco Rrebalances its Asia Crude Oil Benchmark
Saudi Arabia >> 7/4/2018 - Saudi Aramco announced that it is adjusting its Asia crude oil pricing marker in an effort to increase the overall reliability of its crude oil pricing. ...
KBR Awarded Contract to Revamp Haifa Chemicals Nitric Acid Plant in Israel
Israel >> 7/3/2018 - KBR, Inc. (KBR) has been awarded a nitric acid plant revamp contract by Haifa Chemicals Ltd for its plant in Mishor-Rotem, Israel. Under the terms of the contract, KBR subsidiary Weatherly, Inc. will...
Saudi Cabinet Says Kingdom Ready to Use Spare Oil Capacity as Needed
Saudi Arabia >> 7/3/2018 - Saudi Arabia’s cabinet affirmed the kingdom’s readiness to deploy its spare oil production capacity to maintain market balance and stability, a statement carried by state news agency SPA said. ...
Third Renewal of General Engineering Service with KJO, More than 20 years
Saudi Arabia >> 7/2/2018 - Toyo Engineering Corporation agreed the third renewal of General Engineering Services Agreement (GESA) original contract valid in 2002 with Al-Khafji Joint Operations (KJO) who operates Khafji and Hou...
Shelf Drilling Enters Agreement to Purchase Ocean Scepter Jack-Up Rig
United Arab Emirates >> 7/2/2018 - Shelf Drilling has entered into a definitive agreement with subsidiaries of Diamond Offshore to purchase the Ocean Scepter jack-up drilling rig. The total cost for the rig (including the purchase pric...
Al Yasat Awarded EPC Contract for Bu Haseer Field to NPCC
Al Yasat Awarded EPC Contract for Bu Haseer Field to NPCC United Arab Emirates >> 7/2/2018 - Al Yasat Company for Petroleum Operations (Al Yasat), a subsidiary of the Abu Dhabi National Oil Company (ADNOC) has awarded the Engineering, Procurement and Construction (EPC) contract, for the full ...
Aramco, NOV Sign JV Agreement to Provide High-specification Drilling Rigs
Saudi Arabia >> 6/28/2018 - Saudi Aramco signed a shareholder agreement with National Oilwell Varco, Inc. (NOV) to form a joint venture partnership to establish an integrated world-class on-shore rig and equipment manufacturing ...
Petrofac Wins Iraq Contracts Worth $110M
Petrofac Wins Iraq Contracts Worth $110M Iraq >> 6/27/2018 - Petrofac has secured a new award and a number of contract extensions, with a combined value of more than US$110 million, for construction management, engineering, commissioning and start-up services f...
Energean to Drill Karish North Exploration Well
Israel >> 6/25/2018 - Energean Oil and Gas plc, the independent oil and gas exploration and production company focused on the Eastern Mediterranean, is pleased to announce that the Board has made the decision to drill an e...
KBR Awarded PMC Services Contract for Oman LNG’s Power Plant Project
Oman >> 6/25/2018 - KBR, Inc. has been awarded a Project Management Consultancy (PMC) Services contract by Oman Liquefied Natural Gas L.L.C. (Oman LNG) for a new 120 MW gas engine power plant which is aimed to reduce fue...
Saudi Aramco CEO Says has 2 million barrels per day of Spare Capacity
Saudi Arabia >> 6/25/2018 - Oil giant Saudi Aramco has spare capacity of 2 million barrels per day (bpd) and can meet additional oil demand in case of any interruption in supplies, the company head said on Monday, days after OPE...
New Investment Models Needed to Boost MENA Oil, Gas Competitiveness
United Arab Emirates >> 6/23/2018 - New investment models will encourage optimal development in the oil and gas sector, Majid Jafar, CEO of Crescent Petroleum told OPEC ministers and industry leaders at the OPEC Seminar in Vienna last J...
Gulf Keystone Announces Operational & Corporate update
Iraq >> 6/22/2018 - Gulf Keystone, operator of the Shaikan Field in the Kurdistan Region of Iraq, provides an operational and corporate update. ...
SRG Secures AUD $26.5M LNG Tank Project in Kuwait
Kuwait >> 8/7/2017 - SRG Limited, a leading complex services company, is pleased to announce that it has secured a AUD $26.5 million contract with Hyundai Engineering and Construction Co., Ltd. for the provision of specia...

Africa Oil & Gas News

Apache Signs $9B Exploration Deal in Egypt's Western Desert
Apache Signs $9B Exploration Deal in Egypt's Western Desert Egypt >> 7/18/2018 - United States oil and gas producer Apache Corporation signed a $9 billion deal with Egypt's Ministry of Petroleum to explore and produce oil and gas in the Western Desert, the ministry said in a state...
Kosmos Energy Wins Ghana Arbitration
Ghana >> 7/18/2018 - Kosmos Energy (KOS) announced that its subsidiary Kosmos Energy Ghana HC was successful in its arbitration against Tullow Ghana Limited in a dispute over responsibility for expenditures stemming from ...
SDX Energy Signs Three Year $10M Credit Facility for Morocco
Morocco >> 7/18/2018 - SDX Energy Inc. (SDX) is pleased to announce that, through its subsidiary SDX Energy Morocco (Jersey) Limited, it intends to sign later a Facility Agreement with the European Bank for Reconstruction a...
Successful Production Test at SD-4X Well in Egypt
Successful Production Test at SD-4X Well in Egypt Egypt >> 7/16/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that a successful production test has been conducted at its SD-4X appraisal well at South Disouq, Egypt (SDX...
ADX Energy Announces Evaluation Results for the Dougga Discovery
Tunisia >> 7/16/2018 - ADX Energy Ltd (ADX) is pleased to announce that an independent evaluation of the Dougga Gas Condensate discovery (Dougga) and potential extension of Dougga - the Dougga South West prospect (Dougga ...
Incident at Sharara Oil Field
Libya >> 7/14/2018 - The National Oil Corporation (NOC) announces that, unknown armed assailants entered the facilities of Station 186 of the Sharara oil field. Four of the station staff were initially kidnapped but two o...
Egyptian General Petroleum Corp Hires HSBC to Raise $1B Loan
Egyptian General Petroleum Corp Hires HSBC to Raise $1B Loan Egypt >> 7/12/2018 - Egyptian General Petroleum Corp (EGPC) has hired HSBC to arrange a loan of around $1 billion, five banking sources familiar with the matter said, the latest sign of international banks’ increased appe...
Libya's National Oil Corporation Reopens El Feel Oilfield
Libya >> 7/12/2018 - Libya’s National Oil Corporation (NOC) said that it was reopening the El Feel oilfield after resolving a dispute with guards over pay and benefits that shut it down in February. Production at El Feel ...
Libya's Abu Attifel Oil Field Restarts after Ports Reopen
Libya >> 7/12/2018 - Libya’s Abu Attifel oil field, which had been shut for about two weeks due to a stand-off at eastern export terminals, has resumed operations, an engineer and a Libyan oil source said. ...
Rig Mobilisation for Multi-Horizon Well in the Lower Congo Basin
Congo >> 7/11/2018 - Anglo African Oil & Gas plc, an independent oil and gas developer, is pleased to announce the mobilisation of the SMP-102 rig which has been contracted by the Company to drill the TLP-103 well on the ...
Kunama Oil Discovery and Exercise of Drilling Rig Option
Niger >> 7/11/2018 - Savannah Petroleum PLC, the British independent oil and gas company focused around oil and gas activities in Niger and Nigeria, is pleased to announce the result of the Kunama-1 exploration well as an...
Siemens to Install Two Large Onshore Wind Farm Projects in South Africa
South Africa >> 7/11/2018 - Siemens Gamesa Renewable Energy (SGRE) will supply two wind farms in South Africa including 109 units of onshore wind turbines. The SWT-2.3-108 turbine will each feature a rated capacity of 2.3 MW and...
Transformational Ruvuma Farm-Out
Tanzania >> 7/11/2018 - Aminex is pleased to announce that its wholly-owned subsidiary, Ndovu Resources Limited, has signed a binding farm-out agreement ("Farm-Out") with The Zubair Corporation LLC ("Zubair"). Zubair plans ...
Eni Finds 2nd Oil Discovery in Egyptian Western Desert
Eni Finds 2nd Oil Discovery in Egyptian Western Desert Egypt >> 7/9/2018 - Eni announces a second light oil discovery on the B1-X exploration prospect located in South West Meleiha license, in the Egyptian Western Desert, some 130 Km North of the oasis of Siwa. ...
Rovuma LNG Phase 1 Development Plan Submitted to Government of Mozambique
Mozambique >> 7/9/2018 - Mozambique Rovuma Venture has submitted the development plan to the government for the first phase of the Rovuma LNG project, which will produce, liquefy and market natural gas from the Mamba fields l...
New Contract for the UDW Unit Stena Forth, with Tullow Oil
Ghana >> 7/6/2018 - The Stena Forth will commence Operations in Ghana around end Q3 and has been contracted for an initial three-well campaign with a series of options. This upcoming campaign will see Stena Drilling retu...
SDX Energy Spuds SD-3X Appraisal Well in Egypt
SDX Energy Spuds SD-3X Appraisal Well in Egypt Egypt >> 7/5/2018 - SDX Energy Inc. (SDX), the North Africa focused oil and gas company, is pleased to announce that it has spud its SD-3X appraisal well at South Disouq, Egypt (SDX 55% working interest and operator). ...
Rockhopper Exploration Provides Operational Update in Egypt
Rockhopper Exploration Provides Operational Update in Egypt Egypt >> 7/5/2018 - Rockhopper Exploration plc (RKH), the oil and gas exploration and production company with key interests in the North Falklands Basin and the Greater Mediterranean region, is pleased to provide the fol...
Eni's Bahr Essalam Phase 2 Development Offshore Project Begins Production
Libya >> 7/5/2018 - National Oil Corporation (NOC) and Eni announce that Mellitah Oil & Gas, Eni and NOC joint venture company (50/50), has started production from the first well of the offshore Bahr Essalam Phase 2 proj...
Alrar Starts Production
Algeria >> 7/4/2018 - The Algerian Minister of Interior, Local Authorities and National Planning, Noureddine Bedoui and Minister of Energy, Mustapha Guitouni, the Sonatrach’s Chief Executive, Abdelmoumen Ould Kaddour, Bona...
Eni Starts Gas Production from OCTP Project
Ghana >> 7/4/2018 - Eni has started gas production from the Sankofa field in the Offshore Cape Three Points (OCTP) Integrated Oil and Gas Project, in Ghana, on schedule during the past weekend. The field will provide 180...
Eland Provides Opuama Field Operations Update
Nigeria >> 7/4/2018 - Eland Oil & Gas PLC, an oil & gas production and development company operating in West Africa with an initial focus on Nigeria, announces the following update on the Opuama field in licence OML 40. ...
High Court Judgment: Seadrill vs Tullow Ghana Ltd
Ghana >> 7/3/2018 - Tullow Oil plc (Group) announces that a judgment in the English Commercial Court case brought against its wholly owned subsidiary Tullow Ghana Limited (Tullow) by Seadrill Ghana Operations Limited (Se...
SOCO International Announces Sale of Angolan Interests
Angola >> 7/2/2018 - SOCO has entered into a sale and purchase agreement (the SPA) with Quill Trading Corporation and WMLC Resources Limited to sell its entire shareholding in SOCO Cabinda Limited (SOCO Cabinda), for a to...
TechnipFMC Awarded Subsea Contract for Total Zinia 2 Field
Angola >> 7/2/2018 - TechnipFMC has been awarded a contract by Total E&P Angola for the Zinia Phase 2 field development, located offshore Angola at a water depth between 800 and 1,000 meters. The contract covers the Engin...
BW Adolo FPSO Vessel Sail Away
Gabon >> 7/2/2018 - Panoro Energy is pleased to announce that following excellent progress on commissioning, the Floating, Production, Storage and Offloading (‘FPSO") vessel, BW Adolo, has now left Singapore and is in ro...
NOC Declares Force Majeure at Hariga & Zuetina Ports
Libya >> 7/2/2018 - National Oil Corporation has declared force majeure on crude oil loadings at Hariga and Zuetina oil terminals at 1100. This suspension of obligations is in addition to the state of force majeure at th...
Sound Energy Announces $15M Placing
Morocco >> 7/2/2018 - Sound Energy, the Moroccan focused upstream gas company, is pleased to announce a placing of new ordinary shares to raise US$15 million before costs (the "Placing"). The net proceeds of the Placing of...
Congo Will Open Two National Parks up to Oil Drilling
Congo, Democratic Republic (Zaire) >> 6/30/2018 - Democratic Republic of Congo's government has decided to open up parts of Virunga and Salonga National Parks, home to mountain gorillas, bonobos and other rare species, to oil drilling. ...
Sonangol Settles Cobalt Energy Dispute with $350m Payment
Angola >> 6/29/2018 - Angola’s state energy firm Sonangol said on Friday it made a $350 million payment this month to Cobalt International Energy to settle a dispute over oil block sales. ...
New Basin Model Suggests Anoual Oil Play
Morocco >> 6/29/2018 - Sound Energy, the Moroccan focused upstream gas company, is pleased to confirm that it has now finalised a new geochemical and Basin Modelling study (the "Basin Model") across its Tendrara-Lakbir, Mat...
Subsea 7 Awarded Contract Offshore Angola
Angola >> 6/28/2018 - Subsea 7 announced the award of a substantial contract by Total E&P Angola for the engineering, procurement, installation and commissioning of the subsea flowlines and umbilicals for the Zinia Phase 2...
SIDPEC Chooses Honeywell Propylene Technology for New Complex
SIDPEC Chooses Honeywell Propylene Technology for New Complex Egypt >> 6/28/2018 - Honeywell (HON) announced that Sidi Kerir Petrochemicals Co. (SIDPEC) has chosen Honeywell UOP’s C3 Oleflex™ technology to produce 500,000 metric tons per year of on-purpose propylene at SIDPEC’s refi...
Eni to Begin Gas Exploration at Egypt Noor Field in Two Months
Eni to Begin Gas Exploration at Egypt Noor Field in Two Months Egypt >> 6/28/2018 - Italian oil company Eni will begin drilling an exploratory well at its Noor field in Egypt’s North Sinai in two months, Egyptian oil ministry spokesman Hamdi Abel Aziz told Reuters. ...
Eco Begins Public Hearing Process ahead of Drilling PEL 30 Osprey Prospect
Namibia >> 6/28/2018 - Eco (Atlantic) Oil & Gas Ltd., the oil and gas exploration company with licences in highly prospective regions in South America and Africa, announces the dates for public meetings to discuss the Envir...
Disposal of Chergui Asset
Tunisia >> 6/28/2018 - Petrofac has agreed the sale of its entire 45% interest in the Chergui asset in Tunisia to Perenco. This sale marks another milestone in the Group’s strategy to transition back to a capital light busi...
Mozambique Area 4 Progressing Rovuma LNG Marketing
Mozambique >> 6/27/2018 - ExxonMobil and Eni said that marketing efforts are underway for the Rovuma LNG project, which will produce, liquefy and sell natural gas from the gas fields of the Area 4 block offshore Mozambique. ...
Agreement on Exclusive CNG Partnership
Cameroon >> 6/26/2018 - Victoria Oil & Gas Plc, the Cameroon based gas and condensate producer and distributor, is pleased to announce that its wholly-owned subsidiary Gaz du Cameroun S.A. ("GDC") has entered into an exclusi...
Successful Drilling & Completion of Second Production Well at Dussafu
Gabon >> 6/26/2018 - Panoro Energy is pleased to announce the successful drilling and completion of the second development well, DTM-3H, located in the Tortue field, within the Dussafu PSC, offshore Gabon. ...
Oranto Petroleum Farms into Zambian Oil Blocks
Zambia >> 6/26/2018 - Pan-African explorer Oranto Petroleum is farming into two exploration blocks located onshore Zambia. Blocks 17 and 27 represent Oranto’s first investment in the country. ...

Asia Oil & Gas News

PGS Expands Indonesia 3D Multiclient Seismic with South Makassar Survey
Indonesia >> 7/19/2018 - A third new Indonesian MC3D survey in the Sebuku area, starting mid-July, will reveal the potential for deeper plays in the South Makassar Basin, and enable prospect delineation and development. ...
NOVATEK Ships First LNG Cargos to China
Russia >> 7/19/2018 - NOVATEK has shipped its first cargos of liquefied natural gas (LNG) from the Yamal LNG project to China via the Northern Sea Route. Today, in the presence of Alexander Novak, the Minister of Energy of...
Total & Tata Consultancy Creates Digital Innovation Center in India
Total & Tata Consultancy Creates Digital Innovation Center in India India >> 7/17/2018 - Total and Tata Consultancy Services (TCS) have signed a partnership agreement to create a digital innovation center in India. Based in Pune in the State of Maharashtra, the center will explore disrupt...
Oil Search Farms-in to PPL 474, 475 and 476 and PRL 39
Papua-New Guinea >> 7/17/2018 - Oil Search has expanded its exploration portfolio in the onshore Gulf Basin, PNG. In July 2018, Oil Search executed a farm-in to PPLs 474, 475 and 476 and PRL 39, located adjacent to the Elk-Antelope ...
Lukoil Develops Cooperation with Tyumen Region
Russia >> 7/17/2018 - President of LUKOIL Vagit Alekperov and acting Governor of the Tyumen Region Aleksandr Moor signed a new cooperation agreement in Moscow. The agreement envisages cooperation on geological surveys, exp...
EthosEnergy Awarded Two Subcontracts by Siemens Korea
South Korea >> 7/17/2018 - EthosEnergy has been awarded two multi-million dollar subcontracts by Siemens Korea (Siemens Ltd Seoul) for work at Taean and Dangjin power plants. ...
Azerbaijan's 1H Gas Exports From Shah Deniz I Fall 3.9% YOY
Azerbaijan >> 7/16/2018 - Exports from the first stage of Azerbaijan's giant Shah Deniz gas field stood at 3.654 billion cubic metres (bcm) in the first half of this year, down 3.9 percent from a year earlier, the State Statis...
Gazprom to Start Development of Yamal’s Kharasaveyskoye Field in 2019
Russia >> 7/15/2018 - Alexey Miller, Chairman of the Gazprom Management Committee, last week held in Bovanenkovo (Yamal-Nenets Autonomous Area) a meeting on the pre-development project for the Kharasaveyskoye gas and conde...
Boskalis Acquires Logistical Management Contract in Malaysia
Malaysia >> 7/13/2018 - Royal Boskalis Westminster N.V. (Boskalis) has acquired a sizable logistical management transport contract and has received a letter of award for the transport and float-over installation of an offsho...
Gazprom & Serbian Ambassador Note Reliability of Russian Gas Supplies to Serbia
Russia >> 7/13/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Slavenko Terzic, Ambassador Extraordinary and Plenipotentiary of the Republic of Serbia to the Russian Federa...
Rosneft Deutschland Agreed on Marketing of Petrochemicals of Own Production
Russia >> 7/13/2018 - Rosneft Deutschland GmbH, a Rosneft subsidiary, signed contracts with German companies on marketing of petrochemical products of own production starting 2019. A contract for marketing of propylene pro...
Premier Oil Announces Trading & Operations Update
Indonesia >> 7/12/2018 - Premier Oil has provided an update on recent operational activities and guidance in respect of its half year financials to 30 June 2018. ...
Gazprom Neft Refineries Secure Positive Assessment of Industrial Safety from Rostechnadzor
Russia >> 7/12/2018 - The Gazprom Neft Omsk Refinery was recently used as an expert forum for an on-site meeting of the Scientific and Technical Council of the Federal Environmental, Industrial and Nuclear Supervision Serv...
Strategic Partnership Agreement Signed Between Marubeni and SCCC
China >> 7/11/2018 - On July 10th, Marubeni Corporation (hereinafter, “Marubeni”) has concluded a strategic partnership agreement (hereinafter, “this Agreement”) with Chinese chemical manufacturer Suzhou Crystal Clear Che...
Chevron Exits Indonesia's Makassar Strait Block
Indonesia >> 7/11/2018 - Chevron will exit the Makassar Strait gas block in the Indonesia Deepwater Development (IDD) offshore natural gas project to focus on more promising areas in the venture, Indonesian officials said on ...
U.S. Warns of Sanctions Risk for Firms Invested in Russian Pipeline
Russia >> 7/11/2018 - Washington repeated a warning on Wednesday to Western firms invested in Russia’s Nord Stream 2 pipeline to Germany that they were at risk of sanctions, and said Moscow was using the project to divide ...
Trump Slams Gas Pipeline Deal, Calls Germany Russian 'Captive'
Russia >> 7/11/2018 - U.S. President Donald Trump launched a forceful public attack on German support for a Baltic Sea gas pipeline deal with Russia on Wednesday, saying Berlin was a "captive to Russia" and criticising its...
Annual Maintenance Shutdown of Nord Stream Pipeline Scheduled for July 2018
Russia >> 7/10/2018 - Nord Stream AG will temporarily shut down both lines of its gas pipeline for two weeks due to routine maintenance works. This year’s inspection is scheduled to take place from 17 July to 31 July 2018 ...
Cairn Energy Provides Update on Its Assets in India
India >> 7/9/2018 - Cairn Energy has provided an update on its ongoing arbitration with the Government of India under the UK-India Bilateral Investment Treaty. All of the written submissions by Cairn and the Government o...
LyondellBasell Grants Spheripol & Lupotech T Licenses to PT Chandra Asri Perkasa Tbk
Indonesia >> 7/9/2018 - LyondellBasell (LYB) announced that Indonesian company PT Chandra Asri Perkasa Tbk (CAP), has selected LyondellBasell’s world leading polypropylene (PP) and low density polyethylene (LDPE) technologie...
Sonoro Energy Provides Update on Operations
Indonesia >> 7/9/2018 - Sonoro Energy Ltd. (SNV) announces that the Ministry of Energy in Indonesia has declined its second request for an extension of the Budong Budong Production Sharing Contract ("PSC") in Sulawesi, Indon...
New Cryogenmash Station Delivers the First Batch of Industrial Gases to ZapSibNeftekhim
Russia >> 7/9/2018 - SIBUR has celebrated the first supply of industrial gases from Cryogenmash's new station to ZapSibNeftekhim, Russia's largest petrochemical facility under construction in Tobolsk. The opening ceremony...
Bw Group Enters Into a Definitive Agreement to Buy Additional 36.3%Stake in Hafnia Tankers
Singapore >> 7/9/2018 - BW Group has entered into a definitive agreement to buy a 36.3% stake in Hafnia Tankers, a shipping company formed by the management team of former Tankers Inc. The majority of the shares will be acqu...
Range Resources Provides Update on Operations at the Perlak Field
Indonesia >> 7/6/2018 - Range Resources has provided an update on the operations at the Perlak field, located in Northern Sumatra, Indonesia. As previously announced, the operator of the project commenced reopening and worko...
Mitsubishi Shipbuilding Holds Christening Ceremony for Diamond Gas Rose
Japan >> 7/6/2018 - Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, today held the christening ceremony for a next-generation LNG (liquefied natural gas) c...
Miller & Dmitry Kobylkin Discuss Cooperation Between Gazprom and Russia’s Natural Resources Ministry
Russia >> 7/6/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Dmitry Kobylkin, Minister of Natural Resources and Environment of the Russian Federation, took place in St. P...
Gazprom & Uzbekneftegaz Review Ongoing Development of Shakhpakhty Field
Russia >> 7/6/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Alisher Sultanov, Deputy Prime Minister of the Republic of Uzbekistan, Chairman of the Board of Directors of ...
Yokogawa Adds High-Voltage Analog Input Module to OpreX™ Data Acquisition Lineup
Japan >> 7/5/2018 - Yokogawa Electric Corporation announces the development of the GX90XA-10-V1 high-voltage analog input module. This new product will be released on July 9 as part of the OpreX™ Data Acquisition family ...
Seadrill Partners Announces Contract Award for the West Capella
Malaysia >> 7/5/2018 - Seadrill Partners LLC has secured a five well contract with the potential of several option wells with Sabah Shell Petroleum Limited for the West Capella in Malaysia. Backlog for the firm portion of t...
Gazprom Neft Developing Immersive Educational Technologies Together With Htc And Modum Lab
Russia >> 7/4/2018 - In partnership with Taiwan’s HTC and immersive software developer Modum Lab,Gazpromneft-Lubricants, operator of the Gazprom Neft lubricants business, is launching a pilot project to develop digital ed...
Gazprom & PetroVietnam Discuss Progress of Joint Projects
Vietnam >> 7/4/2018 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Tran Sy Thanh, Chairman of the Board of Directors of Vietnam Oil and Gas Group (PetroVietnam), took place in ...
Major Flow Control Contracts for Rotork at Giant Chinese Refinery
China >> 7/3/2018 - Rotork has received major contracts to supply electric and pneumatic valve actuators and valve gearboxes to Hengli Petrochemical (Dalian) Refinery Co. Ltd. for flow control in its new refinery and pet...
CNOOC Signs a PSC with Roc Oil and Smart Oil
China >> 7/3/2018 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (Roc Oil) and Smart ...
JERA & EDF Trading to Form an LNG Optimisation and Trading JV
Japan >> 7/3/2018 - JERA Co., Inc ("JERA") and EDF Trading Limited ("EDFT") are pleased to announce the signing of binding agreements to form an LNG optimisation and trading joint venture where JERA’s and EDFT’s LNG opti...
JERA & EDF Trading to Form an LNG Optimisation and Trading Joint Venture
Japan >> 7/3/2018 - JERA Co., Inc ("JERA") and EDF Trading Limited ("EDFT") are pleased to announce the signing of binding agreements to form an LNG optimisation and trading joint venture where JERA’s and EDFT’s LNG opti...
BP Starts-Up Landmark Shah Deniz 2 Development in Azerbaijan
BP Starts-Up Landmark Shah Deniz 2 Development in Azerbaijan Azerbaijan >> 7/2/2018 - BP and its partners in the Shah Deniz consortium have announced the start-up of the landmark Shah Deniz 2 gas development in Azerbaijan, including its first commercial gas delivery to Turkey. The BP-o...
Shah Deniz 2 Begins Gas Deliveries to Turkey
Azerbaijan >> 7/2/2018 - The Shah Deniz consortium, comprised of BP (operator), SOCAR, TPAO, PETRONAS, LUKOIL, NICO and SGC, today announced commencement of commercial gas deliveries to Turkey from the Shah Deniz 2 developmen...
Bass Oil Gets Extension of Acquisition Settlement Terms with Cooper Energy for Tangai-Sukananti KSO
Indonesia >> 7/2/2018 - Bass Oil has advised that the Company has negotiated an extension to the settlement terms with Cooper Energy regarding the acquisition of its 55% interest in the Tangai-Sukananti KSO in South Sumatra....
McDermott Announces Technology Awards in Indonesia
Indonesia >> 7/2/2018 - McDermott International, Inc. (MDR) has been awarded two sizeable* technology contracts by a subsidiary of PT Chandra Asri Petrochemical Tbk, PT Chandra Asri Perkasa, for the company's planned new pet...
KBR SCORE™ Technology Selected for GS Caltex Grassroots Olefins Plant in South Korea
South Korea >> 7/2/2018 - KBR, Inc. (KBR) has been awarded a contract to supply its proprietary SCORETM Ethylene Technology to GS Caltex Corporation for a grassroots mixed feed cracker (MFC) for its project in Yeosu, South Kor...

Global Oil & Gas News

TSE Petrofac JV Secures PMC Services Contract in Turkey
Turkey >> 7/19/2018 - Petrofac, in a joint venture (JV) with Turkish Standards Institution (TSE), has secured a three-year multi-million dollar Project Management Consultancy (PMC) services contract in support of the BOTA?...
Subsea 7 Awarded Sizeable Contract
United Kingdom >> 7/19/2018 - Subsea 7 S.A. announced the award of a sizeable offshore Transportation and Installation contract. Offshore execution is planned for 2020. No further details are disclosed at this time due to contract...
Transocean Ltd. Announces 11-Well Contract for GSF Development Driller I
Australia >> 7/17/2018 - Transocean Ltd. (NYSE:RIG) announced today that the ultra-deepwater semisubmersible GSF Development Driller I was awarded an 11-well contract (approximately 955 days) commencing offshore Australia in ...
Petrobras Domestic Oil and Gas Production Falls in June 2018
Brazil >> 7/17/2018 - Petrobras reports that, in June, its total production of oil and gas, including natural gas liquids (NGL), was 2.62 million barrels of oil equivalent per day (boed), with 2.53 million boed produced in...
TechnipFMC Awarded a Master Services Agreement by Petrobras in Brazil
Brazil >> 7/17/2018 - TechnipFMC (FTI) has been awarded by Petr?leo Brasileiro S.A. (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option. This contract for subsea services covers component...
Damen, Ampelmann & VEEM Join Forces in Providing a Single Marine Access Solution
Netherlands/Holland >> 7/17/2018 - At the end of June, Damen Shipyards Group along with Ampelmann and VEEM hosted a Marine Access Event. Over two days, delegates from both the offshore renewable and non-renewable industries had the opp...
Emerson Completes Aventics Acquisition
United States >> 7/17/2018 - Emerson (EMR) has completed the purchase of Aventics, a global leader in smart pneumatics technologies that power machine and factory automation applications. The acquisition will significantly expand...
OPEC Producers Key to World Supply through to 2040
Austria >> 7/16/2018 - Global natural resources consultancy Wood Mackenzie sees OPEC maintaining its role as a key oil supplier through to 2040, although output from non-OPEC producers will help ensure adequate supply in th...
Andalas Provides Operations Update on Southern North Sea Licence P2112
United Kingdom >> 7/16/2018 - Andalas Energy and Power Plc, the AIM listed upstream oil and gas and energy company has provided an update following the completion of its acquisition of its interest in Eagle Gas Limited (“Eagle”),...
Transocean Ltd. Announces 13-Well Contract for Transocean 712
United Kingdom >> 7/16/2018 - Transocean Ltd. announced that the midwater semisubmersible Transocean 712 was awarded a 13-well contract (approximately 580 days) commencing in March 2019 in the U.K. North Sea with ConocoPhillips. T...
Agilent Technologies Completes Acquisition of ULTRA Scientific Assets
United States >> 7/16/2018 - Agilent Technologies, Inc. has completed the acquisition of the business assets of ULTRA Scientific, Inc., a leading provider of chemical standards and certified reference materials. ...
Carnarvon Petroleum Provides Dorado-1 Drilling Update
Australia >> 7/13/2018 - Carnarvon Petroleum Limited provides the following update on the drilling of the Dorado-1 well. ...
Dril-Quip Enters Into Letter of Intent for Subsea Production Systems for Sea Lion Project
Falkland Islands >> 7/13/2018 - Dril-Quip, Inc. announced that Dril-Quip (Europe) Limited, its wholly-owned subsidiary based in Aberdeen, Scotland, has entered into a letter of intent with Premier Oil Exploration and Production Limi...
Providence Resources Completes Farmout of FEL 2/14 to Total
Ireland >> 7/13/2018 - Providence Resources P.l.c., the Irish based Oil and Gas Exploration Company, provides a Licence Update on Frontier Exploration Licence (“FEL”) 2/14. ...
Kvaerner Awarded Additional Scope at Njord A
Norway >> 7/13/2018 - Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million. ...
Maersk Drilling Secures 2 Contract Extensions in the North Sea
Norway >> 7/13/2018 - Maersk Drilling has been awarded contract extensions for the high-efficiency jack-up rigs Maersk Resolute and Maersk Resolve by Petrogas E&P Netherlands B.V. and Wintershall Noordzee B.V., respectivel...
Wood Wins Dounreay Nuclear Design and Engineering Contract
United Kingdom >> 7/13/2018 - Wood has won a framework contract to provide design and engineering services to the Dounreay nuclear site in Scotland, UK. ...
Total Closes Acquisition of Engie’s Upstream LNG Business & Becomes World #2 LNG Player
United States >> 7/13/2018 - Total announces the closing of the acquisition of Engie’s portfolio of upstream liquefied natural gas (LNG) assets for an overall enterprise value of $1.5 billion. Additional payments of up to $ 550 ...
Genneia Secures FMO Loan for Two Wind Farms in Argentina
Argentina >> 7/12/2018 - FMO has extended a USD 26 million long-term loan to Argentine energy company Genneia to develop two wind farms at Villalonga and Chubut Norte in the provinces of Buenos Aires and Chubut. ...
INPEX-Operated Ichthys LNG Project Prepares for Production Start-up
Australia >> 7/11/2018 - INPEX has announced that the INPEX-operated Ichthys LNG Project carried out an inspection mainly on electrical equipment during the process of final safety verifications in cooperation with Australian...
Vessel Acquisition & Contemplated Private Placement
Cyprus >> 7/11/2018 - SeaBird Exploration Plc is in an exclusive process to acquire the seismic vessel Geowave Voyager ("Geowave Voyager" or the "Vessel") and certain seismic equipment from Exploration Vessel Resources II ...
Providence Provides Update on FEL 6/14 - Site Survey Completed
Ireland >> 7/11/2018 - Providence Resources P.l.c., the Irish based Oil & Gas Exploration Company, provides an update on Frontier Exploration Licence (“FEL”) 6/14 that contains the Newgrange Prospect. FEL 6/14 is operated b...
OEG Lands Modular VSD Contract for BHGE
Norway >> 7/11/2018 - Leading offshore container and a60 module company OEG offshore (OEG) has been awarded a high-specification contract for the design, manufacture and supply of a BESPOKE A0 FIRE RATED ZONE 2 BLAST RATED...
Equinor Awards Jacobs Feasibility Study for Conversion of Natural Gas to Hydrogen
Norway >> 7/11/2018 - Jacobs Engineering Group Inc. (JEC) was awarded a feasibility study contract from Equinor Energy AS to evaluate the possibilities for building a hydrogen production plant, including CO2 capture and ex...
Sif Wins New Project
Norway >> 7/11/2018 - Dragados Offshore from Spain and Sif Netherlands b.v. have signed a contract for the supply of legs, caissons, and piles for the two jackets of the Tyra Future Development Project. Both jackets will b...
Triangle Energy Identifies Near Field Exploration Targets within the Cliff Head Oil Field
Australia >> 7/10/2018 - Triangle Energy has announced that the recently completed Static Model reveals up to 29 million barrels (unrisked, best estimate, evaluation date 2 July 2018) of prospective oil initially-in-place (OI...
Petrofac Wins Dutch Offshore Wind Contract
Netherlands/Holland >> 7/10/2018 - Petrofac has been awarded a contract by TenneT, the Dutch-German transmission grid operator, for the Hollandse Kust Zuid (HKZ) offshore grid connection and more specifically for the Alpha and optional...
Damen Shiprepair Brest Completes Maintenance Programme on Cruise Ship ‘Norwegian Breakaway’
Norway >> 7/10/2018 - The 326-metre, 145,655 GT, cruise ship Norwegian Breakaway arrived in Brest on 28 April for 11 days of scheduled maintenance and refurbishment. The primary objective of the visit was mechanical works...
Equinor Receives Consent for Exploration Drilling in Block 7132/2 in the Barents Sea
Norway >> 7/10/2018 - Norway's Petroleum Safety Authority has given Equinor consent for exploration drilling in Block 7132/2 in the Barents Sea. The consent covers drilling of exploration well 7132/2-1 in production licenc...
Emerson Introduces New E&P Software to Accelerate Reservoir Model Development
United States >> 7/10/2018 - Emerson announces the release of the Paradigm™ 18 integrated software solution suite, running on a unifying platform for generating high-resolution images and models of the subsurface. This release in...
QEP Resources Enters Agreement to Sell Uinta Basin Assets
United States >> 7/10/2018 - QEP Resources, Inc. announced that its wholly owned subsidiary, QEP Energy Company, has entered into a definitive agreement to sell natural gas and oil producing properties, undeveloped acreage and re...
Jacobs Selected by Eastman for Construction, Maintenance and Turnaround Services
United States >> 7/10/2018 - Jacobs Engineering Group Inc. (JEC) was awarded a contract from Eastman Chemical Company to provide capital construction, maintenance and turnaround services at its facilities in Longview, Texas, and ...
Damen ASD Tug 3212 'Svitzer Glenrock' Delivered to Svitzer Australia
Australia >> 7/9/2018 - Damen Shipyards Group has delivered an ASD Tug 3212 as the second part of a two-vessel order placed by Svitzer Australia. Named the Svitzer Glenrock, the tug arrived at Newcastle, NSW, on its own keel...
Siemens & SPIC Explore Technology Collaboration in Heavy-Duty Gas Turbines
Denmark >> 7/9/2018 - Siemens and State Power Investment Corporation (SPIC) of China entered into a Memorandum of Understanding (MoU) today to further confirm intention of technology collaboration in the field of heavy-dut...
Renaissance Oil Cleared for Development on Chiapas Blocks
Mexico >> 7/9/2018 - Renaissance Oil Corp. has now received final authorizations from the relevant Mexican authorities to proceed with the development program on the Company’s three 100% held producing properties in the s...
SeaBird & MultiClient Geophysical in MC2D Joint Partnership
Norway >> 7/9/2018 - SeaBird Exploration is pleased to announce that it has signed a partnership agreement with MCG to conduct a 6,000km multi-client 2D Deep Imaging Campaign on the NCS, including cross-border lines to UK...
Siemens to Ssupply 92 of Its Newest Wind Turbine Models
Spain >> 7/9/2018 - Siemens Gamesa, Spain's leading wind turbine OEM, continues to fortify its strong position in the market with new orders for the supply of 289 MW to five different customers: Viesgo, Grupo Jorge, Com...
Total Prepares Sale of $1.5 billion of UK North Sea Fields
United Kingdom >> 7/9/2018 - Total is set to sell a third of its stake in the vLaggan Tormore gas field along with other oil and gas assets in the UK North Sea that could fetch a total of $1.5 billion, four banking and industry s...
Q2 2018 Revenue Update
United States >> 7/9/2018 - Based on preliminary reporting from operating units, TGS management expects net revenues for the second quarter of 2018 to be approximately USD 158 million, 47% higher than Q2 2017. ...
Total Completes Aquisition of 73% of Direct Energie
France >> 7/6/2018 - Total and Direct Energie announce the completion of the acquisition by Total of 73.04% of the share capital of Direct Energie1, for 42 euros per share, representing approximately 1.4 billion euros. Th...

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