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| New Managing Director of NNC Hungary |
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Turkey >> 2/2/2012 - NABUCCO Gas Pipeline International GmbH has appointed Gabor Bercsi as Managing Director of Nabucco National Company Hungary effective 1 February. ...
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| Gulfsands Operations Update in Syria |
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Syria >> 1/31/2012 - Gulfsands Petroleum plc, the oil and gas production, exploration and development company with activities in Syria, Iraq, Tunisia, Italy and the U.S.A., is pleased to provide this update on operations ...
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| Explosion Hits Oil Pipeline in Syrian City of Homs |
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Syria >> 1/31/2012 - An explosion set on fire a crude oil pipeline feeding a Syrian oil refinery in the city of Homs on Tuesday, residents said. ...
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| TUV Rheinland Reappointed by Nabucco for Further Stages |
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Turkey >> 1/31/2012 - NABUCCO Gas Pipeline International GmbH has extended the contract with TUV Rheinland, the international testing service provider, for auditing general contractors wishing to pre-qualify for the constr...
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| Iraq Delays 4th Energy Round to May 30-31 Official |
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Iraq >> 1/30/2012 - Iraq has delayed its 4th energy bidding round to May 30-31, when 12 new gas and oil exploration blocks will be auctioned to international energy firms, a senior oil official said on Monday. ...
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| Kuwait in $556M Deal with Daewoo for 5 New Tankers |
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Kuwait >> 1/30/2012 - Kuwait Oil Tanker Co (KOTC) has signed a $556 million contract with South Korea's Daewoo Shipbuilding & Marine Engineering to build five new tankers, the state news agency KUNA reported on Monday. ...
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| GE Turbine Modular Saves Qatargas Production Time |
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Qatar >> 1/30/2012 - Implementing a new maintenance strategy designed to slash downtime, GE Oil & Gas recently completed the first cycle of gas turbines modular replacement project at the Qatargas liquefied natural gas (L...
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| Kuwait to Purchase Nine Oil Tankers |
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Kuwait >> 1/26/2012 - As part of efforts to enlarge and modernize its tanker fleet, Kuwait plans to sign a number of contracts with giant international builders of oil tankers in the coming thirty days for building nine ne...
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| Iraq OKs $998 Mln Oil Contract with Samsung |
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Iraq >> 1/24/2012 - Iraq's cabinet approved a $998 million oilfield service contract with a South Korean company for the West Qurna Phase Two oilfield, the cabinet said in a statement. An Iraqi oil official who asked not...
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| KPC Non-Associated Gas Production |
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Kuwait >> 1/24/2012 - Chief Executive Officer of Kuwait Petroleum Corporation (KPC) Farouk Al-Zanki said that KPC attaches great importance to non-associated gas exploration, adding that the corporation has taken important...
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| Kuwait''s Crude Oil Exports to China Jump 58.9 Percent |
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Kuwait >> 1/24/2012 - Kuwait's crude oil exports to China surged 58.9 percent in December 2011 from a year earlier to 853,000 tons, equivalent to around 202,000 barrels per day (bpd), for the first gain in two months, late...
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| KOC Brings Gas Leak, Fire Under Control |
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Kuwait >> 1/24/2012 - A gas leakage and fire occurred early near the 170 natural gas complex in Um Ghadir west of the country, Kuwait Oil Company (KOC) reported, pointing out the situation was brought under control within ...
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| PDO Joins ITF for New Solutions |
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Oman >> 1/24/2012 - Petroleum Development Oman (PDO) has joined ITF, the technology facilitator for the global oil and gas industry, to help drive new solutions forward with other major oil and gas players in the region....
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| Middle East Oil Supply - January 2012 |
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Oman >> 1/24/2012 - Middle East oil supply is estimated to decrease by 60 tb/d from the previous year to average 1.61 mb/d in 2012, steady from the previous MOMR. Despite the steady state, there were minor upward and dow...
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| Aramco Likely to Pump First Shale Gas by 2020 |
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Saudi Arabia >> 1/24/2012 - Saudi Arabian Oil Co (Saudi Aramco) is seeking to begin producing natural gas from shale rock in the country before the end of the decade as domestic power demand climbs. ...
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| Afren Receives all Approvals for Barda Rash Field |
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Iraq >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results, which are scheduled for release on 27 March 2012. Information contained with...
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| Iraq Oil Exports Up 3.7% in December |
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Iraq >> 1/23/2012 - Iraq, which is seeking to boost crude exports to rebuild its economy, said oil shipments climbed 3.7 percent in December to 66.5 million barrels, generating the highest revenue in four months, $7.06 b...
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| Gulf Keystone Provides Exploration in Shaikan Block |
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Iraq >> 1/23/2012 - Gulf Keystone provides an update on its ongoing exploration and appraisal programme in the Kurdistan Region of Iraq, which includes the Shaikan block, a major discovery with independently audited gros...
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| Kuwaiti-State Petrochemical Co. Achieves KD 227 Mln |
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Kuwait >> 1/23/2012 - Kuwait's state-run Petrochemical Industries Company (PIC) achieved profits worth KD 227 million (USD 814 million) at the end of 2011 - expected to reach KD 240 million (USD 861 million) by the end of ...
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| Kuwaiti Gas Projects Provide 600 Mln Cubic Ft |
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Kuwait >> 1/23/2012 - Kuwaiti gas projects in the north and south of the country will add around 600 million cubic feet to the already existing production of 140 million cubic feet, Kuwaiti Oil Minister Mohammad Al-Busairi...
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| Delek Says Govt Rejects Collateral for HSBC Loan |
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Israel >> 1/22/2012 - Israeli conglomerate Delek Group said on Sunday that the collateral to back an HSBC loan for its gas exploration units had been rejected by Israel's Petroleum Commissioner. ...
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| Syria Lost $2 Billion from Oil Sanctions |
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Syria >> 1/22/2012 - Western sanctions on Syrian oil exports have cost the country $2 billion (1 billion pounds) since September; Oil Minister Sufian Alao was quoted as saying. The official SANA news agency quoted Alao as...
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| Oman’s Oil Output Increases |
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Oman >> 1/21/2012 - Omans oil production reached 27,734,585 barrels in December 2011 with an average daily output of 894,664 barrels, up seven percent compared to November 2011. The monthly report released by the Ministr...
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| International Consortium is New LNG Terminal Adviser |
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Jordan >> 1/19/2012 - Trowers & Hamlins LLP, Navigant Consulting (Europe) Ltd, Mapstone Limited, and Tractebel Engineering, have been appointed by the Ministry of Energy and Mineral Resources (MEMR) of Jordan to advise and...
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| Middle East Oil Demand in December 2011 |
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Saudi Arabia >> 1/19/2012 - The low seasonality in the Middle East in the fourth quarter caused a minor slowdown in the region’s biggest consuming countries, Saudi Arabia and Iran. Summer electricity consumption pushed up third-...
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| Italy Eni, Spain Repsol Quit Saudi Gas Hunt |
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Saudi Arabia >> 1/19/2012 - Italy's Eni and Spain's Repsol have given up looking for gas in Saudi Arabia's Empty Quarter, two sources familiar with the joint venture with Saudi Aramco said. State-run Aramco invited international...
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| Borouge to Launch Wire & Cable Academy in ME |
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United Arab Emirates >> 1/19/2012 - Borouge and Borealis, leading providers of innovative plastics solutions for the global wire and cable industry, will be organizing on February 8, 2012, their inaugural Wire & Cable Academy in the Mid...
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| Oil Output of 2012 to Reach 3.4 Million b/d |
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Iraq >> 1/18/2012 - Iraq, the third-largest oil producer in OPEC, will boost output capacity this year to 3.4 million barrels a day and export capacity to 2.6 million barrels, Oil Minister Abdul Kareem al-Luaibi said.
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| ShaMaran Petroleum Finalizes Agreement with KRG |
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Iraq >> 1/18/2012 - ShaMaran has signed a final binding agreement with the Kurdistan Regional Government (KRG) to relinquish to the KRG the 60% working interests currently held in each of the Arbat and Pulkhana Productio...
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| RWE May Ditch Nabucco Gas Pipeline Project |
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Turkey >> 1/18/2012 - German utility RWE may scrap plans to participate in the Nabucco gas pipeline to save costs, opening the way for a merger of projects competing to bring Azeri gas via Turkey to Europe, its chief execu...
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| ExxonMobil Sees Continuing Tie-Up with Abu Dhabi |
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United Arab Emirates >> 1/17/2012 - U.S. energy giant ExxonMobil is confident of continuing to be a partner in Abu Dhabi's oil and gas concessions, a top company official said, as the emirate prepares to open a tender for its fields bef...
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| Dana Gas Appoints Advisers for Convertible Sukuk |
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United Arab Emirates >> 1/17/2012 - With respect to recent commentary and speculation regarding the Company’s convertible sukuk and volatility in its share price, Dana Gas PJSC wishes to make the following statement. Dana Gas has grown ...
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| UAE's ADNOC, CNPC to Cooperate on Oil Projects |
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United Arab Emirates >> 1/17/2012 - State-owned Abu Dhabi National Oil Company (ADNOC) signed a strategic agreement with China National Petroleum Corporation (CNPC) to collaborate in upstream projects in undeveloped areas, state-news ag...
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| Genel Boosts Stake to 80% in Chia Surkh Block |
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Iraq >> 1/16/2012 - Genel Energy plc (Genel Energy) announces a step forward in its strategy to consolidate its position as a leading oil and gas player in the Kurdistan Region of Iraq by becoming the government's sole C...
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| Delek Group Restarts Drilling at Leviathan #1 |
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Israel >> 1/16/2012 - The partners in Leviathan announced that the Homer Ferrington Rig has arrived at “Leviathan 1” drilling site in the Rachel license drilling site, and is expected to begin the drilling work into the de...
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| Oman Production Increases Averaging 8,001 Bopd |
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Oman >> 1/16/2012 - Test production from the Early Production System (EPS) on Blocks 3 and 4 onshore the Sultanate of Oman continues and amounted in December to 248,031 barrels of oil, corresponding to 8,001 barrels of o...
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| Exploration Well Maha-1 on Block 3 Onshore Oman |
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Oman >> 1/16/2012 - Drilling of the Maha-1 exploration well on Block 3 onshore Sultanate of Oman has completed. The well encountered oil, but the oil saturation was too low to be produced. The well has been suspended to ...
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| Saudi Can Pump More Fast, Favours $100 Oil |
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Saudi Arabia >> 1/16/2012 - Saudi Arabia, the world's top oil exporter, said it can pump more oil at a moment's notice, the day after Iran warned Gulf oil producers not to compensate for any disruption to Iranian output. Saudi O...
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| Masdar, Devt Bank Japan to Invest in Renewables |
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United Arab Emirates >> 1/16/2012 - Abu Dhabi government-owned green energy firm Masdar plans to invest jointly with Development Bank of Japan in solar and wind projects in OECD countries as part of a strategy to diversify the energy mi...
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| Jordan Lose 4m USD/Day Due to Egypt Gas Supply Drop |
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Jordan >> 1/15/2012 - Jordan said it suffered over USD four million in daily losses because of drop in Egyptian natural gas supplies in 2011. Egypt used to supply Jordan with 300 million cubic feet of natural gas in 2009, ...
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| Sabic Signs Cooperation Agreement with Sinopec |
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Saudi Arabia >> 1/15/2012 - Under the patronage of Custodian of the Two Holy Mosques King Abdullah bin Abdulaziz, and in the presence of China Prime Minister Wen Jiabao, the Saudi Basic Industries Corporation (SABIC) and the Chi...
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| China's Wen Presses Saudi Arabia for Oil Access |
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Saudi Arabia >> 1/15/2012 - Chinese Premier Wen Jiabao pressed Saudi Arabia to open its huge oil and gas resources to expanded Chinese investment, media reports said against a backdrop of growing tension over Iran and worries ov...
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| Aramco Aims to Lift Refining Capacity to 8 Mln Bpd |
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Saudi Arabia >> 1/14/2012 - Saudi Aramco expects to raise its refining capacity to 8 million barrels per day (bpd) as it increases downstream investments, its chief executive officer said, after signing a $10 billion refinery de...
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| Statoil Seeks to Sell West Qurna-2 Stake in Iraq |
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Iraq >> 1/13/2012 - Statoil ASA (STL) is trying to sell its stake in the West Qurna-2 oilfield in Iraq, the Middle East Economic Survey reported, without saying where it got the information. The company may use the negot...
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| SAFCO Awards EPC Contract to Saipem |
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Saudi Arabia >> 1/13/2012 - In December, Saipem has been awarded in Saudi Arabia, by SABIC affiliate Safco (Saudi Arabian Fertilizer Company), the lump sum turnkey contract for the project “Safco V”. The contract encompasses the...
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| Drydocks Pioneering Wind Power Offshore Platform |
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United Arab Emirates >> 1/13/2012 - Drydocks World, the established international maritime service provider, announced that it has entered into a contract with Aibel, the leading Norwegian provider of services to the energy industry, fo...
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| Iraq's Kurds See Exxon Deal on Track, No Obstacles |
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Iraq >> 1/12/2012 - Exxon Mobil Corp's deal with Iraq's semi-autonomous Kurdistan government to develop six exploration blocks is on track and there are no obstacles to it proceeding, the region's Natural Resources Minis...
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| Militants Bomb Oil Equipment Yard in Iraq |
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Iraq >> 1/12/2012 - Gunmen wearing military uniforms bombed an equipment storage yard belonging to Angola's national oil company near an oilfield in northern Iraq, police sources said. No one was hurt in the attack, whic...
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| Qatargas & Samsung Sign Diesel Hydrotreater Contract |
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Qatar >> 1/12/2012 - Qatargas signed an Engineering, Procurement and Construction (EPC) contract with Samsung Engineering Ltd. for a Diesel Hydrotreater (DHT) Unit that will treat 54,000 barrels per stream day (BPSD) of d...
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| Shamaran to Suspend Ops on Pulkhana & Arbat Blocks |
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Iraq >> 1/11/2012 - ShaMaran Petroleum Corp. provides the following update on its Pulkhana and Arbat blocks in Kurdistan. ShaMaran Petroleum is in the process of examining options to re-focus its asset base in Kurdistan ...
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| Saudi Oil Output Nearing Capacity Limit |
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Saudi Arabia >> 1/11/2012 - Top oil exporter Saudi Arabia is nearing its comfortable operational production limits and may struggle to do much to make up for shortages that arise from new sanctions imposed on Iran by the West, G...
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| Aramco Trading Starts Commercial Operations |
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Saudi Arabia >> 1/11/2012 - Aramco Trading, a wholly-owned company subsidiary, geared up and began commercial operations Jan. 1, 2012, as Saudi Aramco’s downstream investment portfolio expands in-Kingdom and overseas. Formally e...
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| OPEC Member Countries Economy – December 2011 |
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Saudi Arabia >> 1/11/2012 - Real GDP in Saudi Arabia is expected to moderate to 4.7% in 2012 mainly due to expected lower average oil production. Year-on-year inflation in Saudi Arabia dipped to 5.2% in October from 5.3% in Sept...
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| Ras Tanura Refinery Gets International Certification |
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Saudi Arabia >> 1/11/2012 - Quality isn't achieved by accident; it's the result of high expectations, earnest efforts, clear direction and skillful execution, as well as wise decision-making regarding risks and rewards. ...
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| Yemen LNG Business Stability Signal after Ending 2011 |
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Yemen >> 1/11/2012 - Yemen LNG completed the year 2011 with the delivery of 106 LNG cargoes. This represents 100% of the annual delivery program that was committed to the gas buyers. First LNG export on 7th November 2009 ...
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| Option of Third Party Participation in Iraq Blocks |
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Iraq >> 1/10/2012 - Gulf Keystone confirms that it has been agreed that pursuant to the provisions of the Production Sharing Contract regarding the Shaikan block as amended and the Production Sharing Contract regarding t...
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| Adira Farm-out of 25% of Yitzhak License to AGR Group |
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Israel >> 1/10/2012 - Adira Energy Ltd. is pleased to announce that it has received approval from Israel’s Petroleum Commissioner for the farm-out of 25% of its interest in the Yitzhak license (the License) to the AGR Grou...
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| RAK Petroleum and DNO International Complete Merger |
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United Arab Emirates >> 1/10/2012 - RAK Petroleum Public Company Limited announced that it has completed the merger of its Middle East-North Africa operating subsidiaries into Norway’s DNO International ASA. ...
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| Longford to Resume Trading in Chia Surkh Block |
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Iraq >> 1/9/2012 - Longford Energy Inc. announces that its shares will resume trading and notes the speculation with regard to a possible transaction with Genel Energy plc (Genel) in relation to the potential sale by Lo...
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| Gulf Keystone Provides Update Operations in Iraq |
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Iraq >> 1/9/2012 - Gulf Keystone provides an update on its ongoing exploration and appraisal programme in the Kurdistan Region of Iraq, which includes the Shaikan block, a major discovery with independently audited gros...
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| WesternZagros Provides Drilling Works in 3 Oilfields |
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Iraq >> 1/9/2012 - WesternZagros Resources Ltd. is pleased to provide an operational update for the drilling and testing operations at Mil Qasim-1 and Kurdamir-2, and the continued production from the Sarqala-1 extended...
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| An Agreement for Natural Gas Sale in Israel |
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Israel >> 1/9/2012 - Delek Group announced that the following report was published by its Delek Drilling - Limited Partnership and Avner Oil Exploration subsidiaries: We hereby announce that on January 8, 2012, an agreeme...
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| HPCL to Double Saudi Crude Imports |
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Saudi Arabia >> 1/9/2012 - The state-run Hindustan Petroleum Corp will double the volume of Saudi crude it imports in an annual deal beginning in April, two industry sources with direct knowledge of the matter said on Monday, i...
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| Hormuz Bypass Oil Pipeline is Delayed |
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United Arab Emirates >> 1/9/2012 - A pipeline that would allow crude oil from the United Arab Emirates to bypass the Strait of Hormuz separating it from Iran has been delayed because of construction difficulties, two people with knowle...
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| New UAE Oil Pipeline to be Operational in May or June |
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United Arab Emirates >> 1/9/2012 - An oil pipeline extending to the eastern coast of the United Arab Emirates will be operational by May or June, the country's oil minister said. Mohammed bin Dhaen al-Hamli said the Fujairah pipeline c...
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| Qatar Agrees to Supply Japan with Oil it Needs |
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Qatar >> 1/8/2012 - Qatar will supply Japan with the “oil it needs” in light of the situation with Iran, Koichiro Gemba, Japan’s foreign minister, told reporters in the Qatari capital of Doha. The European Union is weigh...
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| Saudi Arabia Oil Demand in December 2011 |
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Saudi Arabia >> 1/8/2012 - A cooling climate eased the pressure on Saudi Arabia’s electricity demand in October. Hence the Kingdom’s oil demand dipped by 0.1 mb/d in the month y-o-y. However, this will not affect the country’s ...
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| Aramco, Sinopec Set to Sign Saudi Refinery Deal |
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Saudi Arabia >> 1/8/2012 - State oil giant Saudi Aramco will sign a final deal next week to build a new 400,000 barrels per day (bpd) oil refinery in Yanbu with China's Sinopec Group, the company said. Aramco said the formal si...
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| NPCC Won EPC Contract for ZCSC Demothballing |
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United Arab Emirates >> 1/8/2012 - National Petroleum Construction Company (NPCC) has strong ambitions to establish a proper base in both the Caspian and West Africa. NPCC bagged two major contracts in the offshore platform constructio...
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| Cape Wins $26 Million Contracts with BAPCO |
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Bahrain >> 1/6/2012 - Cape’s Northern Gulf operations are proud to have been awarded a five-year surface preparation and coating services contract by The Bahrain Petroleum Company B.S.C (“BAPCO”) worth $18 million. Cape ha...
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| Oslo Court Rejects Injunction to Stop Merger |
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United Arab Emirates >> 1/6/2012 - Norwegian oil firm DNO said that Oslo's enforcement, bankruptcy and probate court had rejected a shareholder group's request for an injunction to stop the completion of DNO's merger with RAK Petroleum...
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| Sonoro Enters into Farmout Agreement in Iraq
Sonoro Enters into Farmout Agreement in Iraq |
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Iraq >> 1/5/2012 - Sonoro Energy Ltd. is pleased to announce that the Company, through its wholly owned subsidiary, Sonoro Energy Iraq B.V. (Sonoro Iraq), has entered into a Farmout Agreement with Geopetrol Internationa...
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| Petrofac Teams up with Schlumberger for Big Projects |
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Iraq >> 1/5/2012 - British energy services firm Petrofac said it will team up with Schlumberger, the world's largest oilfield services company, to enable it to bid for bigger projects with national oil companies and oth...
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| Conclusion of Farm-Out Agreement with BP in Block 2714A |
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Namibia >> 2/2/2012 - Chariot Oil & Gas, an independent oil and gas exploration company, announces that its wholly owned subsidiary, Enigma Oil & Gas Exploration (pty) Limited ("Enigma"), has received full approval from th...
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| Tower Provides Operational Updates on Mvule-1 well |
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Uganda >> 2/2/2012 - Tower Resources PLC ("Tower"), the AIM listed company with exploration assets in offshore Namibia and Uganda, is pleased to provide an update on operational progress in Uganda, where the Mvule-1 well ...
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| Polo Increases Interest in Signet Petroleum Ltd |
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South Africa >> 2/1/2012 - Polo Resources announces that it has, on 30 January 2012, subscribed for a further 1,428,571 new shares in the African oil and gas exploration company Signet Petroleum Ltd, (“Signet”) for total consid...
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| Second Stage of WDDM Phase 7 Starts Gas Production |
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Egypt >> 1/31/2012 - Managed by the Joint Operating Company (JOC) Burullus Gas Company S.A.E. (EGPC 50%, BG Group 25%, PETRONAS 25%), the second stage of Phase 7 comprises onshore gas receiving facilities, five new compre...
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| Naga Field Production Restoration |
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Libya >> 1/31/2012 - On 19th January 2012 Harouge Oil Operations’ Naga field has returned to its 8,000 barrels per day (bpd) production, which was shipped from the port of Sidra. ...
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| Umu-9 Well Drilling Results & Operational Update |
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Nigeria >> 1/31/2012 - Mart Resources, Inc (“Mart” or the “Company”) and its co-venturers, Midwestern Oil and Gas Company Plc. (Operator of the Umusadege field) and SunTrust Oil Company Limited are pleased to provide an ope...
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| Drillship Pacific Scirocco Begins Contract in Nigeria |
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Nigeria >> 1/31/2012 - Pacific Drilling S.A announced that its ultra-deepwater drillship the Pacific Scirocco commenced operations in Nigeria on December 31, 2011. The drillship is contracted for an initial one-year term to...
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| S.Sudan Official Sees Total Oil Exploration Soon |
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Sudan >> 1/31/2012 - French supermajor Total has committed to begin exploring for oil soon over a vast stretch of South Sudan's Jonglei state, the country's chief negotiator said. ...
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| Jordan Hikes Power Prices As Egypt Gas Disrupted |
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Egypt >> 1/30/2012 - Jordan will raise electricity prices as of next month to cover the rising burden of imported fuel costs after loss of regular Egyptian gas supplies, officials said. Jordan's total imported energy bill...
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| Maridive Wins $259 Million Deals in Brazil and Egypt |
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Egypt >> 1/30/2012 - Egyptian oil service provider Maridive has won a US$234 million contract to operate five Brazilian offshore vessels as well as a smaller deal in its home country, the firm announced. Maridive's deal w...
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| MENA Hydrocarbons Operation Update for Lagia |
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Egypt >> 1/30/2012 - MENA has signed a contract with Petroservices Drilling Overseas (PSDO) of Egypt for the rental of their 750 HP rig Shams 1 in order to commence operations on its Lagia oil field development in Egypt. ...
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| Maurel & Prom Spuds Etbib-1 Well in Gabon |
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Gabon >> 1/30/2012 - Maurel & Prom (operator, 100%) has announced that drilling has begun at the Etbib-1 well on the Etekamba permit in Gabon, approx. 25 km northeast of the Atora oil field operated by Total. The main tar...
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| Hyperdynamics Resumes Drilling Offshore Guinea |
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Guinea >> 1/30/2012 - Hyperdynamics Corporation announced it resumed drilling operations on the Sabu-1 exploration well on January 29th in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced...
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| Hyperdynamics to Raise $30M in Registered Direct Offering |
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Guinea >> 1/30/2012 - Hyperdynamics Corporation announced that it has entered into a definitive agreement with institutional investors in a registered direct offering of its common stock with gross proceeds of approximatel...
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| Rock Wins a Reservoir Characterisation Project in West Africa |
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Senegal >> 1/30/2012 - Rock Solid Images plc announced that the Company has been chosen to provide rock physics-driven reservoir property inversion services to a leading exploration company, in the offshore transform margin...
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| Cove Divests Its Tanzanian Interests to Wentworth |
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Tanzania >> 1/30/2012 - Cove Energy plc (“the Company” or “Cove”), the AIM quoted upstream oil and gas company is pleased to announce that it has entered in to an agreement (“the Agreement”) to divest its Tanzanian interests...
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| South Sudan Sees Oil Shutdown Near Complete |
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Sudan >> 1/28/2012 - South Sudan's top negotiator said his country would complete an oil production shutdown by Saturday, after Sudan and South Sudan failed to agree on a deal to end an oil crisis. Sudanese President Omar...
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| Citadel Plans to Construct Refinery This Year |
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Egypt >> 1/27/2012 - Citadel Capital SAE (CCAP), the Egyptian private equity firm that has raised $3.7 billion to build an oil refinery, plans to start construction in the second quarter. The refinery will have a capacity...
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| RXT to Acquire OBC Survey on Okume Field |
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Equatorial Guinea >> 1/27/2012 - Reservoir Exploration Technology ASA (RXT) has received final contract award from Hess Equatorial Guinea, Inc. for an Ocean Bottom Cable survey on the Elon Field area of the Okume Field off the coast ...
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| Rialto Energy to Raise $60m for Ivory Coast Program |
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Ivory Coast (Cote D'Ivoire) >> 1/27/2012 - The Directors of Rialto are pleased to announce agreement to raise A$60 million via a two tranche placement (Placement) of approximately 200 million fully paid ordinary shares to institutional and sop...
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| Sudan and South Sudan Leaders Fail to Reach Oil Deal |
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Sudan >> 1/27/2012 - The presidents of Sudan and South Sudan failed to resolve an oil dispute that has led to the shutdown of the South's crude output and threatened both countries' economies. The row centres on how much ...
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| Sudan & South Sudan Leaders Bid to Defuse Oil Dispute |
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Sudan >> 1/27/2012 - The presidents of Sudan and South Sudan are meeting in the Ethiopian capital Addis Ababa to discuss a deepening crisis over sharing their oil wealth. When South Sudan became independent last July, Sud...
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| Aminex Provides Update on Ntorya-1 Well |
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Tanzania >> 1/27/2012 - Aminex PLC, an independent oil company listed on the main market of the London and Irish Stock Exchanges with exploration and development assets in the emerging hydrocarbon province of East Africa, to...
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| Tullow Asset Sale Deal Deadlocked |
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Uganda >> 1/27/2012 - Uganda said the proposed sale of stakes by UK-based explorer Tullow Oil in its fields in the east African country to France's Total and China's CNOOC had been delayed by disagreements over protective ...
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| Africa Oil & Tullow Spud Ngamia-1 Well in Block 10BB |
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Kenya >> 1/25/2012 - Africa Oil Corp. is pleased to announce the spudding of the Ngamia-1 well on Block 10BB, Kenya. Tullow Oil plc is the operator with a 50% working interest and Africa Oil holds the remaining 50%. ...
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| Eni Says Output in Libya Back at 270,000 Bpd |
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Libya >> 1/25/2012 - Italian oil and gas group Eni's output in Libya is back to pre-conflict levels of around 270,000 barrels per day, an Eni spokesman said. "Today our production is about 270,000 barrels per day," the sp...
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| S.Leone Energy Minister Sacked over Poor Performance |
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Sierra Leone >> 1/25/2012 - Sierra Leone's President Ernest Bai Koroma has sacked Energy Minister Ogunlade Davidson over his department's poor performance, a spokesman said on Wednesday. Koroma, who will be seeking re-election i...
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| Heritage Oil Awarded Further Acreage in Tanzania |
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Tanzania >> 1/25/2012 - Heritage Oil Plc, an independent upstream exploration and production company, announces that it has been awarded a further Production Sharing Agreement (PSA) in Tanzania. Heritage is the operator with...
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| Chad Suspends CNPC Refinery Deal |
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Chad >> 1/24/2012 - Chad has suspended an oil refinery agreement with partner China National Petroleum Corp. and will set up a committee to renegotiate the accord, a government minister told Reuters. ...
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| Africa Oil Supply - January 2012 |
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Congo >> 1/24/2012 - Africa oil supply is predicted to average 2.58 mb/d in 2012, steady from the previous year, unchanged from last month. Ghana oil supply is expected increase in 2012 by around 50 tb/d, the largest grow...
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| Completion of Morocco 2D Seismic Campaign |
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Morocco >> 1/24/2012 - San Leon Energy is pleased to announce that it has completed the acquisition of more than 2,280 km of 2D seismic across its Tarfaya and Zag Licenses onshore Morocco. The data was acquired by San Leon ...
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| PA Resources to Recognise SEK 1,750 – 1,850 Million |
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Congo >> 1/23/2012 - The oil and gas group PA Resources will recognise non-cash, one-off costs in the form of impairment and write-downs of approximately SEK 1,750 - 1,850 million net after taxes in the financial result f...
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| Government Build First Nuclear Plant in Dabaa |
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Egypt >> 1/23/2012 - The government will not backtrack on its decision to build the first Egyptian nuclear plant in Dabaa area, said Planning and International Cooperation Minister Fayza Abul-Naga at a press conference fo...
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| Ophir Provides Equatorial Guinea Operational Update |
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Equatorial Guinea >> 1/23/2012 - Ophir announces the contracting of Ocean Rig's "Eirik Raude", a dynamically positioned semi-submersible rig, to drill its Equatorial Guinea exploration campaign. Ophir plans a 60 day programme beginni...
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| Operations Update in Blocks 7 & 8 for Q1 of 2012 |
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Ethiopia >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results, which are scheduled for release on 27 March 2012. Information contained with...
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| CAMAC Awarded Two Offshore Exploration Blocks in Gambia |
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Gambia >> 1/23/2012 - CAMAC Energy Inc, a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced that it has entered into an agreement with the Gambian Ministry of Petrol...
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| Operations Update in Keta Block for Q1 of 2012 |
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Ghana >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results, which are scheduled for release on 27 March 2012. Information contained with...
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| Operations Update in Ivory Coast for Q1 of 2012 |
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Ivory Coast (Cote D'Ivoire) >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results which are scheduled for release on 27 March 2012. Information contained withi...
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| Operations Update in Kenya for Q1 of 2012 |
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Kenya >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results, which are scheduled for release on 27 March 2012. Information contained with...
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| South Sudan Begins Production Shut Down |
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Sudan >> 1/23/2012 - South Sudan said it started shutting down oil production and accused Sudan of seizing $815 million worth of crude, escalating an increasingly bitter row over oil revenues between the former civil war ...
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| Operations Update in Tanga Block for Q1 of 2012 |
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Tanzania >> 1/23/2012 - Afren plc issues the following trading statement and operations update, in advance of the Company’s 2011 full year results, which are scheduled for release on 27 March 2012. Information contained with...
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| Algeria Says Adrar Refinery to Restart Soon |
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Algeria >> 1/22/2012 - Algeria is to restart its Adrar refinery within days after concluding a new contract with co-owner China National Petroleum Corp (CNPC), Algerian energy officials said. A stoppage at the plant, along ...
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| New Oil Find in Area A Gulf of Suez |
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Egypt >> 1/22/2012 - Kuwait Energy Plc, one of the fastest growing independent oil and gas exploration and production companies in the Middle East, announced a new oil discovery in Egypt's Ahmad-1X well, located in the Gu...
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| ENI Says Libya Oil Output Back to Pre-War Levels |
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Libya >> 1/21/2012 - Italian group Eni's oil output in Libya is almost back to its pre-conflict levels at 260,000 barrels per day, Chief Executive Paolo Scaroni said. "Output has now gone back to its pre-war levels. It wa...
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| South Sudan to Unveil Pipeline Plans Next Week |
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Sudan >> 1/21/2012 - South Sudan will announce plans for an oil export pipeline through East Africa next week, a priority for the new nation because its crude is "no longer safe" in Sudan, a government spokesman said. Lan...
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| Dolphin Secures a 3D Multi-Client Agreement Offshore Senegal |
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Senegal >> 1/20/2012 - Dolphin Geophysical has reached final agreement with Petrosen to commence acquisition of a 3D Multi-Client survey covering nearly 3,600 km(2) offshore Senegal. The survey will commence early March and...
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| South Sudan to Shut Oil Production within 2 Weeks |
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Sudan >> 1/20/2012 - South Sudan said it was working out a plan to shut down oil production within two weeks after Sudan said it had started seizing southern oil to compensate for what it said were unpaid transit fees. So...
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| Polarcus Awarded 3D Acquisition for Polarcus Samur |
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Angola >> 1/19/2012 - Polarcus Limited is pleased to announce that the Company has signed a Letter of Intent with an undisclosed client for a 3D seismic acquisition project offshore West Africa. The project, to be acquired...
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| Egypt Restarts Gas to Israel at Lower Levels |
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Egypt >> 1/19/2012 - Egypt resumed pumping natural gas through local and international pipelines in North Sinai after repairing damage caused by a series of attacks, the state-run MENA news agency reported. ...
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| Completion of 3D Seismic Acquisition in Block CI-202 |
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Ivory Coast (Cote D'Ivoire) >> 1/19/2012 - Rialto Energy Limited is pleased to announce that a block-wide, full-fold 3D seismic survey covering 891km2 has been completed over Block CI-202 (Rialto 85% and Operator) with contractor Polarcus DMCC...
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| TGS Plans to Commence 3D Survey Offshore Angola |
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Angola >> 1/18/2012 - TGS has reached final agreement with Sonangol E.P. to commence acquisition of a 3D multi-client survey covering nearly 12,500 km2 offshore Angola. The survey will initially commence over blocks 36 and...
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| Anadarko Announces Successful Well Offshore Ghana |
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Ghana >> 1/18/2012 - Anadarko Petroleum Corporation announced the Ntomme-2A appraisal well, located in the Deepwater Tano Block offshore the Republic of Ghana, encountered approximately 128 net feet (39 meters) of light o...
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| BG Completes 3D and 2D Seismic in Blocks L10A & L10B |
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Kenya >> 1/18/2012 - JV partner Pancontinental Oil & Gas has announced that the 3D and 2D seismic survey acquisition has been completed by operator BG Group in offshore Kenya licence areas L10A and L10B. The 3D seismic su...
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| Nigeria Government Orders Audit of Oil &Gas Sector |
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Nigeria >> 1/18/2012 - Nigeria's government ordered a fresh audit of its entire oil and gas sector covering the last three years, the latest move to clean up corruption in Africa's biggest oil industry after a week of anti-...
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| Algeria to Double Butane Gas Exports to Egypt |
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Egypt >> 1/17/2012 - Algeria will double its butane gas exports to Egypt, Algerian Energy Minister Youssef Youssefy said during a meeting with the Egyptian ambassador to the country. In a meeting, Youssefy and Egyptian Am...
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| Egypt to Cover Delayed Payments to Dana Gas |
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Egypt >> 1/17/2012 - With respect to recent commentary and speculation regarding the Company’s convertible sukuk and volatility in its share price, Dana Gas PJSC wishes to make the following statement. Dana Gas has grown ...
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| Tullow Confirms Successful Appraisal of the Teak Discovery |
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Ghana >> 1/17/2012 - Kosmos Energy announced that the Teak-3A appraisal well has confirmed a northern extension of the Teak discovery on the West Cape Three Points Block offshore Ghana. The Teak-3A well is located approxi...
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| Libya Clashes End with Prisoner Swap, Ceasefire |
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Libya >> 1/17/2012 - Rival Libyan fighters who clashed in towns south of Tripoli have settled their deadly dispute through a prisoner swap and agreed to a ceasefire, local officials said on Monday. "Last night (Sunday) we...
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| Anadarko Announces Major Success Offshore Mozambique |
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Mozambique >> 1/17/2012 - Anadarko Petroleum Corporation announced its seventh well in the discovery area offshore Mozambique successfully appraised previous discoveries at Lagosta and Camarao. The Lagosta-2 appraisal well, lo...
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| Chevron Provides Update on Rig Incident Offshore Nigeria |
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Nigeria >> 1/17/2012 - Chevron Corporation said that an extensive search and rescue effort continues for two contractors who remain missing after yesterday's fire aboard the K.S. Endeavor, a drilling rig offshore Nigeria o...
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| Afren Announces New Oil Discovery Offshore Nigeria |
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Nigeria >> 1/17/2012 - Afren plc ("Afren" or the “Company”) announces that the Okoro East exploration well, offshore south east Nigeria, has made a new oil discovery having encountered 549 ft true vertical thickness (TVT) o...
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| Fuel Shortage in Egypt Leads to Rising Tensions |
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Egypt >> 1/16/2012 - A gasoline shortage in Egypt has led to long queues at fuel stations and raised suspicions among drivers that it may be a prelude to a cut in subsidies, despite official reassurances that there is no ...
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| Rialto Secures $20 Million Investment from IFC |
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Ivory Coast (Cote D'Ivoire) >> 1/16/2012 - Rialto Energy Limited is pleased to announce that it has reached in principle agreement with the International Finance Corporation (IFC), for a proposed investment of approximately US$20 million, via ...
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| New Spectrum Multi-Client Seismic Survey Offshore Namibia |
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Namibia >> 1/16/2012 - Spectrum, in partnership with CGGVeritas and the National Petroleum Corporation of Namibia (NAMCOR), has commenced a new 2D Multi-Client seismic survey covering the deepwater Orange Basin, offshore Na...
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| Nigeria's Strike Ends for Moment |
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Nigeria >> 1/16/2012 - Unions in Nigeria suspended strikes to allow further negotiations with the government after President Goodluck Jonathan announced a cut in petrol prices. Nigeria's fuel regulator removed the fuel subs...
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| Chevron Confirms Fire Incident on Rig Offshore Nigeria |
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Nigeria >> 1/16/2012 - Chevron Corporation reports that its subsidiary, Chevron Nigeria Limited, is working to contain a fire that ignited early this morning aboard the K.S. Endeavor, a drilling rig offshore Nigeria operate...
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| Horn Petroleum Commences Drilling in Puntland, Somalia |
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Somalia >> 1/16/2012 - Horn Petroleum Corporation ("Horn Petroleum" or the "Corporation") is pleased to announce the spudding of the Shabeel-1 well on the Dharoor Block in Puntland, Somalia and is currently preparing to dri...
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| Sonde Receives 1 Year Extension on the Joint Oil Block |
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Tunisia >> 1/16/2012 - Sonde Resources Corp. (“Sonde” or the “Company”) announced that it has received a one-year extension to December 23, 2013, on the first phase of the Exploration period to conduct operations on the Joi...
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| $1 Billion British Investments in Oil and Gas Domains |
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Egypt >> 1/15/2012 - The Egyptian General Petroleum Corporation ( EGPC ) prepared a joint plan with British Petroleum co. (BP) to implement programs for exploratory drilling, development and maintenance of wells , the est...
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| Sudan not to Shut Down Oil Pipeline in Row with South |
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Sudan >> 1/15/2012 - Sudan will not shut down a pipeline carrying crude oil exports from South Sudan despite a row with Juba over sharing oil revenues, a senior Sudanese oil official said. Land-locked South Sudan has accu...
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| Sudan Confiscates Some Oil Exports from South Sudan |
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Sudan >> 1/15/2012 - Sudan said it has started confiscating some oil exports from South Sudan that it believes it is owed to meet unpaid transit fees but will not shut down a pipeline carrying the southern state's oil. Th...
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| Oil Shale Update Hydraulic Connectivity Established |
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Morocco >> 1/13/2012 - San Leon is pleased to announce that is has established connectivity between its two test wells in its Tarfaya Oil Shale project. Injection water has been observed in three wells, including pilot Wel...
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| South Sudan Signs First Oil Deals since Independence |
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Sudan >> 1/13/2012 - South Sudan signed its first oil deals with foreign nations since it won independence last July, inking agreements with Chinese, Indian and Malaysian firms, officials said. Oil revenues make up 98 per...
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| Kosmos to Explore for Oil in Cameroon |
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Cameroon >> 1/12/2012 - Kosmos Energy signed an agreement with Cameroon's state oil company SNH allowing it to explore in the central African state's offshore Fako block, SNH said. ...
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| PGS Starts 26,000 Km² MC3D Survey Offshore Angola |
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Angola >> 1/11/2012 - The Ramform Valiant, a seismic vessel owned and operated by Petroleum Geo-Services ASA, has started acquisition of over 26,000 km² of GeoStreamer data in five blocks in the Kwanza/Benguela Basins in A...
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| Petrogrand Preparing to Spud First Russian Well |
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Russia >> 2/2/2012 - The construction of the winter roads have progressed according to plan and mobilisation of the drilling equipment have begun. Some of the equipment has already reached the drilling location (see updat...
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| Quarterly Update on Activities for Jupiter Energy |
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Kazakhstan >> 1/31/2012 - Jupiter Energy Limited presents the following update on activities for the three month period ending 31 December 2011. Also included in this report are details of any subsequent events that have occur...
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| Aral Oil Terminal Inaugurated |
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Kazakhstan >> 1/30/2012 - Tethys Petroleum Limited announced the official inauguration of its Aral Oil Terminal ("AOT") - a new oil storage and rail loading facility for oil shipments from the Company's Doris oilfield into the...
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| Operations Update on Progress to Production |
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Russia >> 1/30/2012 - Matra Petroleum, the independent oil and gas exploration and production Company with operations in Russia, announces an operations update on progress to production from its 100% owned Sokolovskoe oil ...
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| India Oil Trade in December 2011 |
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India >> 1/26/2012 - India’s crude oil imports increased m-o-m by 628 tb/d, or 21.0%, in November, to stand at 3.62 mb/d. In the first 11 months of 2011, they were 3.37 mb/d, which was 230 tb/d, or 7.3%, higher than in th...
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| AWE Acquires Growth Assets in Indonesia |
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Indonesia >> 1/26/2012 - AWE Limited (AWE) has executed a Sale and Purchase Agreement (SPA) with a subsidiary of Genting Berhad (Genting) whereby a wholly owned subsidiary of AWE will acquire a 100 percent interest and operat...
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| TTS Signs MOU to Support Power Plants in Indonesia |
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Indonesia >> 1/26/2012 - Turbine Technology Services Corporation (TTS), a full-service gas turbine engineering services firm based in Orlando, Florida, has engaged in a Memorandum of Understanding with PT Cogindo DayaBersama ...
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| Iran May Cut Oil Sales to EU Before July |
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Iran >> 1/26/2012 - The European Union rather than Iran will lose out under new EU sanctions banning Iranian oil, President Mahmoud Ahmadinejad said on Thursday as lawmakers said they might cut supplies to EU countries a...
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| UOP Technology Selected for Refinery Expansion in Pakistan |
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Pakistan >> 1/26/2012 - UOP LLC, a Honeywell company, announced that its new process technology designed to help refiners get more high-value product from each barrel of crude oil has been selected by National Refinery Limit...
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| Eurasia Drilling Company’s 2012 Outlook |
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Russia >> 1/26/2012 - Eurasia Drilling Company Limited, the leading onshore & offshore drilling service provider in the CIS, today released its update for 2011 and activity outlook for calendar year 2012. The financial dat...
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| Gazprom's Russian Regions Gasification Program for 2012 |
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Russia >> 1/26/2012 - Alexey Miller, Chairman of the Company's Management Committee approved Gazprom's Russian Regions Gasification Program for 2012. ...
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| Gazprom & Sovcomflot to Arrange Test LNG Shipment |
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Russia >> 1/26/2012 - The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Sergey Frank, Director General of Sovcomflot. ...
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| Gazprom to Raise Gas Transmission Via Belarus in 2012 |
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Russia >> 1/26/2012 - Alexey Miller, Chairman of the Gazprom Management Committee and Alexander Ozerets, Energy Minister of the Republic of Belarus had a telephone talk. ...
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| Kuwait Selects Total as Partner for $9B China Refinery |
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China >> 1/25/2012 - Kuwait chose Total (FP) SA as the third partner to build a $9 billion oil refinery in China, the head of Kuwait Petroleum Corp. said, as the Gulf state seeks a foothold in Asia’s biggest consumer of r...
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| FAIR to Take Delivery of Forte Vessel on May 23, 2012 |
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China >> 1/25/2012 - Fairstar Heavy Transport N.V. (FAIR) announces that it will take delivery of the 50,000DWT semi-submersible vessel Forte, currently under construction by Guangzhou Shipbuilding International (GSI) in ...
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| India, Pakistan Announce Joint Energy Initiatives |
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India >> 1/25/2012 - India and Pakistan on Wednesday announced several initiatives to accelerate cooperation in the oil and gas sector, as the two energy-starved nuclear-armed neighbors try to mend economic ties despite p...
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| CBM Asia to Acquire Coalbed Methane PSC in Indonesia |
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Indonesia >> 1/25/2012 - CBM Asia Development Corp. announces that it has signed a Heads of Agreement ("Agreement") with PT Tranaco Utama ("Tranaco"), a private Indonesian company that holds the first rights to undertake a pr...
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| Iranian Bahregan Oilfield Production Boost |
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Iran >> 1/25/2012 - By end of 2015 crude oil production from Bahregan oilfield will be increased at least 35 thousand barrels from currently 140 thousand barrels, manager for technical affairs of Iranian Offshore Oil Com...
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| Iran Will Replace EU Oil Customers Easily |
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Iran >> 1/25/2012 - The statement read: By imposing new sanctions against Iran’s oil, EU has decided to use oil, which is a non-political means, to achieve its political aims, a decision that will have some consequences,...
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| EU Refiners Are the Main Losers of Iranian New Sanctions |
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Iran >> 1/25/2012 - Iranian ministry of petroleum’s spokesman says European countries and refiners will be the main losers of a hasty decision made by EU on imposing new sanctions against Iran’s oil. ...
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| Max Commenced Drilling SAGW-3 Well in Kazkh Block E |
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Kazakhstan >> 1/25/2012 - Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the SAGW-3 appraisal well on the Sagiz West Field in B...
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| Metrology Laboratory Accredited For 2 Types Calibration |
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Azerbaijan >> 1/24/2012 - According to resolution of National Centre of Accreditation of Georgia, Metrology Laboratory of Kulevi Black Sea Terminal, operating under SOCAR, is authorized to carry out calibration of two types: m...
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| Addendum to Natural Gas Purchase & Sale Contract |
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Azerbaijan >> 1/24/2012 - On January 23, Azerbaijani SOCAR and Gazprom sign addendum to natural gas purchase and sale contract, which was initially concluded on October 14, 2009, with presence of Azerbaijani and Russian Presid...
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| Settlement Agreement Related to Bohai Bay Incidents |
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China >> 1/24/2012 - ConocoPhillips announced they and the China National Offshore Oil Corp. (CNOOC) have reached an agreement with China's Ministry of Agriculture to resolve issues related to the June 2011 incidents at t...
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| China Oil Trade - December 11 |
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China >> 1/24/2012 - China’s crude oil imports came to 5.55 mb/d, or 22.7 million tonnes, in November (an increase of 9.1% on a tonnage basis, or 12.7% on a b/d basis or 625 tb/d). This substantial increase in November ca...
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| India Economy - January 2012 |
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India >> 1/24/2012 - India’s PMI in December, similarly to China and Brazil, showed a surprise rise to 54.2 from 51.0 in November. In the Indian case, the surge was widespread and across components. Output jumped to 55.8 ...
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| Japan Oil Trade in December 2011 |
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Japan >> 1/24/2012 - Japan’s crude oil imports increased in November after declining in October, which had brought to end a stable period of two months in July-August and an increase in imports in September. November crud...
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| Gazprom Doubling Azerbaijani Gas Purchase |
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Azerbaijan >> 1/23/2012 - In Krasnaya Polyana Alexey Miller, Chairman of the Gazprom Management Committee and Rovnag Abdullayev, President of the State Oil Company of Azerbaijan Republic (SOCAR) signed in the presence of Russi...
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| Asia Developing Countries Oil Supply - January 2012 |
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India >> 1/23/2012 - Total Developing Countries’ (DCs) oil production is projected to grow by 0.26 mb/d over the previous year to average 12.93 mb/d in 2012, representing a downward revision of 35 tb/d from the previous m...
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| Increase in Gas Reserves & Resources at Raniganj CBM |
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India >> 1/23/2012 - Essar Energy plc, the India-focused integrated energy company, announced that the independently verified proven and probable reserves and best estimate 2C contingent gas resources at its Raniganj coal...
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| EU Sanctions Against Iran |
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Iran >> 1/23/2012 - Here is an outline of EU sanctions against Iran over its nuclear program. New sanctions were imposed Monday. ...
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| NW Konys of Kazakh Galaz Area Commences Pilot Production |
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Kazakhstan >> 1/23/2012 - Roxi, the Central Asian oil and gas company with a focus on Kazakhstan, is pleased to announce the commencement of pilot production from the NW Konys field in the Galaz Contract Area, in the Kyzylorda...
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| Sale of Servisnaya Burovaya Kompaniya and KRS-Servis |
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Russia >> 1/23/2012 - At the end of December 2011, Gazpromneft-Nefteservis completed the sale of two of the main production unit’s companies - Servisnaya Burovaya Kompaniya (SBK) and KRS-Servis (KRS). Both assets were boug...
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| Russia Economy - December 2011 |
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Russia >> 1/23/2012 - Russia reduced its benchmark rate on December, as an end to the campaign of inflation-fighting, as policy-makers seem to believe that an external economic slump might be more challenging to the countr...
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| India Oil Demand in January 2012 |
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India >> 1/22/2012 - Following slow oil demand in June through August, Indian diesel demand increased in November by 8% y-o-y, due to the use of independent power-generators for electricity. Although gasoline and fuel oil...
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| FSU and Russia Oil Supply – December 2011 |
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Russia >> 1/22/2012 - Total FSU oil supply is projected to increase by 0.13 mb/d in 2012 to average 13.42 mb/d, indicating a minor downward revision of 10 tb/d compared to the previous month. The expected FSU supply increa...
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| Caspian and China Oil Supply – December 2011 |
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China >> 1/21/2012 - Oil supply from Kazakhstan is seen to increase by 40 tb/d over the previous year to average 1.65 mb/d in 2012, unchanged from the previous month. Limited new developments are foreseen in 2012 and the ...
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| ICOFC to Develop Shared Oilfields with Iraq |
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Iran >> 1/21/2012 - Tehran and Baghdad have decided to establish a joint company to develop three joint oilfields, announced the managing director of the Iranian Central Oil Fields Company (ICOFC). ...
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| OECD Pacific Oil Demand in January 2012 |
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Japan >> 1/20/2012 - In Japan, the latest monthly data for November is dominated by a strong increase in crude oil direct use, as a result of nuclear plants being shut down. Power plants have been using crude and LNG for ...
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| South Stream Construction to Start in December 2012 |
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Russia >> 1/20/2012 - Alexey Miller, Chairman of the Gazprom Management Committee moderated a meeting today at the Company's headquarters. The meeting was focused on the South Stream project implementation. <...
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| Gazprom & Novatek Discuss LNG Production on Yamal |
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Russia >> 1/20/2012 - OAO NOVATEK announced that the Company’s Chairman of the Management Board, Leonid Mikhelson, and the Chairman of the Management Board of OAO Gazprom, Aleksey Miller, held a working meeting which was a...
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| China Oil Demand in January 2012 |
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China >> 1/19/2012 - Strong oil imports, along with a 0.3 mb/d stock-draw, hiked up China’s oil demand in November. This was the second month in a row that Chinese oil demand had shown a strong trend. The setback of the t...
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| Foster Awarded Contract for LNG Terminal in India |
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India >> 1/19/2012 - Foster Wheeler AG announced that its India subsidiary, Foster Wheeler India Private Limited, part of its Global Engineering and Construction Group, has been awarded a contract for a new LNG receiving ...
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| Japan Economy – January 2012 |
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Japan >> 1/19/2012 - Japan initiated relatively large stimulus measures in 2011 that should be felt in 2012. But, due to still muted domestic demand and the current global economic slowdown, most recent activity has been ...
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| New COO Appointed for Petro Matad |
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Mongolia >> 1/19/2012 - Petro Matad is pleased to announce the appointment of Mark Zebrowitz to its senior management team as Chief Operating Officer (“COO”). Mr Zebrowitz is appointed as COO having previously served as the ...
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| TNK-BP Starts 1st Offshore Drilling Operations in Vietnam |
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Vietnam >> 1/19/2012 - TNK-BP announced that the Group has commenced its first offshore drilling operations on the Lan Do field development project offshore Vietnam. ...
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| India Still Buying Oil from Iran |
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Iran >> 1/18/2012 - India continues to buy oil from Iran amid increasing international pressure on Asian buyers to cut supplies from the world’s fourth-biggest producer, according to Indias Oil Minister S. Jaipal Reddy. ...
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| Gas Transit Contracts to Be Concluded Soon |
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Iran >> 1/18/2012 - Contracts relating to gas transfer to Europe will be finalized up to the end of current Iranian calendar year, 20th March 2012, managing director of the National Iranian Gas Company, Javad Owji announ...
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| New Director Appointed for Tethys Petroleum Limited |
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Kazakhstan >> 1/18/2012 - Tethys Petroleum Limited announced the appointment of Mr. Julian Hammond to the Board of Directors of Tethys Petroleum Limited. Mr. Hammond has also been appointed as a member of the Executive Board o...
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| Exillon Announces Acquisition of the Sinatiyskoye Licence |
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Russia >> 1/18/2012 - Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of northern Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announ...
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| Complete Power Assets Merger Within 1Q 2012 |
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Russia >> 1/18/2012 - The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Viktor Vekselberg, Chairman of the Renova Group Board of Directors. Th...
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| UOP Selected to Provide Technology in South Korea |
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South Korea >> 1/18/2012 - UOP LLC, a Honeywell company, announced that it has been selected by Samsung Total Petrochemicals Co., Ltd. to provide technologies for the production of key petrochemicals and high-quality diesel and...
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| Essar Inducts First Minicape Vessel Into its Fleet |
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India >> 1/17/2012 - Essar Shipping Limited (ESL) part of the Essar Group has, taken the delivery of MV “Kamlesh” into its operations. This newest addition to Essar Shipping’s growing fleet, MV Kamlesh, is a bulk carrier...
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| Increase in Russian Gas Supplies to Kazakhstan |
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Kazakhstan >> 1/17/2012 - The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Company's Management Committee and Zautbek Turisbekov, Ambassador Extraordinary and Plenipotentiary of the Repu...
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| Rolls-Royce Wins Order For Gas Turbine |
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Malaysia >> 1/17/2012 - Rolls-Royce, the global power systems company, has won an order for gas turbine and compression equipment for the Tapis oil and gas field, offshore Malaysia. The equipment will be utilized by ExxonMo...
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| China Economy - January 2012 |
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China >> 1/16/2012 - China’s economy will grow by around 8.5% this year. GDP growth is expected to drop in the first quarter of the year, only to accelerate in the second quarter and beat last year’s growth rate in the th...
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| Green Dragon Gas Announces Operations Update |
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China >> 1/16/2012 - Green Dragon Gas, one of the largest independent companies involved in the production of CBM gas and the distribution and sale of wholesale gas in China, is pleased to announce further substantial pro...
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| Gamesa to Deliver G97-2.0 MW Turbines to Longyuan |
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China >> 1/16/2012 - Gamesa, a global technology leader in wind energy, has signed a deal to supply an additional 50 MW of capacity -its G97-2.0 MW wind turbine- to Chinese company Longyuan for a wind farm the power compa...
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| Abound Solar Solarsis Commission Solar plant in India |
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India >> 1/16/2012 - Abound Solar, a leading manufacturer of next-generation thin-film photovoltaic modules, and Solar Integration Systems India Private Limited (Solarsis), a leading solar system integration company in In...
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| Essar Commissions Hydrogen Unit at Vadinar Refinery |
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India >> 1/16/2012 - Essar Energy plc, the India-focused integrated energy company, announced that Essar Oil Ltd has successfully commissioned the Hydrogen Manufacturing Unit (HMU), the third new unit to be commissioned a...
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| Exillon Energy Announces December Production Report |
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Russia >> 1/16/2012 - Exillon Energy plc, a British listed independent oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to announce unaudi...
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| QPI to Invest in Vietnam's Long Son Petchem Plant |
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Vietnam >> 1/16/2012 - Qatar Petroleum International (QPI) will pick up a 25 percent stake in the $4-billion Long Son petrochemical project in Vietnam, a senior executive of the southeast Asian country's state oil and gas g...
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| Alasdair Locke as a Non-Executive Chairman of Hardy |
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India >> 1/13/2012 - Hardy Oil and Gas plc, the oil and gas exploration and production company focused in India, announces the appointment of Alasdair Locke as an Independent Non-Executive Chairman of Hardy, effective 16 ...
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| PTTEP Diluted its Shares in Offshore Assets in Indonesia |
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Indonesia >> 1/13/2012 - PTT Exploration and Production Public Company Limited (PTTEP) announced that it has agreed to dilute its share in three deep-offshore exploration blocks in the Makassar Strait in Indonesia to Total, F...
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| U.S. Sanctions Three Oil Traders Over Iran |
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Iran >> 1/13/2012 - U.S. authorities placed sanctions on three oil trading companies, including China’s Zuhai Zhenrong, for selling refined products to Iran, the Financial Times reported, citing the U.S. State Department...
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| Battle For China Gas Heats Up As SK Holdings Boosts Stake |
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China >> 1/12/2012 - The battle for China Gas Holdings intensified on Thursday as South Korea's SK Holdings tightened its grip on the takeover target which received an unsolicited $2.2 billion indicative offer from a cons...
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| Cnooc Starts First China Shale-Gas Exploration Project |
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China >> 1/12/2012 - Cnooc Ltd., China’s biggest offshore energy producer, started drilling at its first shale-gas project in the country, joining rivals including China Petroleum & Chemical Corp. in the search for unconv...
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| Information of SOCAR Energy Georgia LLC for 2011 |
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Georgia >> 1/12/2012 - “SOCAR Energy Georgia” LLC holds a significant position in the oil and gas distribution market of neighboring countries. The company continues to expand the scope of its activities in Georgia. From Ja...
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| India Economy - December 2011 |
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India >> 1/12/2012 - India’s GDP growth has dropped below 7%. India’s economy grew at the slowest rate for more than two years in the second quarter, confirming the shift of Asia’s thirdlargest economy to lower growth rat...
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| Gazprom Neft introduces Deparaffination Process at Omsk |
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Russia >> 1/12/2012 - Modernisation of Omsk Oil Refinery's diesel fuel hydrotreatment unit has seen the introduction of a deparaffination process, which allows the processing of summer diesel fuel into winter diesel fuel. ...
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| Russia Economy - December 2011 |
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Russia >> 1/12/2012 - Figures on GDP by expenditure for the first half of the year released by the Federal State Statistics Service (RosStat) indicate that growth has been driven mainly by domestic demand. Domestic consump...
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| Drilling Works in December 2011 |
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Azerbaijan >> 1/11/2012 - SOCAR (except Joint Ventures and Operating Companies) conducted 7079 meters drilling works in December 2011. Of this amount, development drilling made up 6447 m and exploration drilling - 632 m. 150 m...
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| Ivanhoe to Sell Zitong Block to Shell Subsidiary |
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China >> 1/11/2012 - Ivanhoe Energy Inc. announced that its wholly owned subsidiary, Sunwing Zitong Energy (SZE), has signed a binding Memorandum of Understanding to sell 100% of its participating interest in the Producti...
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| Significant New China Initiatives Announced |
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China >> 1/11/2012 - Sino Gas & Energy Holdings Ltd advises that the Chinese Government has recently announced several key initiatives to accelerate the development of the domestic CBM industry to reduce supply constraint...
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| India Oil Trade in November 2011 |
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India >> 1/11/2012 - India’s crude oil imports decreased by 148 tb/d or 4.7% in October to stand at a level of 2.97 mb/d. India’s crude oil imports in the first ten months of 2011 were estimated at 3.34 mb/d, 186 tb/d or ...
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| SBM Awarded a Contract by the Lchthys LNG Project |
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Australia >> 2/2/2012 - SBM Offshore, a Dutch-based global group of companies selling and renting systems and services to the offshore oil and gas industry, has been awarded a contract by the lchthys LNG Project for the engi...
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| Subsea 7 awarded contract, West of Shetland |
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Scotland >> 2/1/2012 - Subsea 7 S.A. announced the award of a contract valued at approximately $100 million from BP Exploration Operating Company Limited for the Clair Ridge Project, West of Shetland. The Clair Ridge develo...
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| Atlantic Acquires 300 MW Wind Project in Oklahoma |
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United States >> 2/1/2012 - Atlantic Power Corporation announced that on January 31, 2012 it invested approximately $23 million of late-stage development capital to own 51% of Canadian Hills Wind, LLC ("Canadian Hills"). Canadia...
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| Pacific Extends Option to Construct a Seventh Drillship |
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United States >> 2/1/2012 - Pacific Drilling S.A. announced that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend until February 17, 2012 an option to construct a seventh ultra-deepwater d...
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| Creation of an Advisory Committee |
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Ireland >> 1/31/2012 - San Leon Energy, the fast growing oil and gas company with an extensive portfolio of assets across Europe and North Africa, is pleased to announce the formation of an advisory committee ("Advisory Com...
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| Technip Awarded a Contract for Wheatstone Platform |
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Australia >> 1/26/2012 - Technip Oceania (TPO), a Technip Group operating centre in Perth, Australia, has been awarded a contract, worth approximately AUD110 million (€90 million), by Daewoo Shipbuilding and Marine Engineerin...
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| FAIR Awarded Two Contracts by Saipem for Golden Eagle |
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Netherlands/Holland >> 1/26/2012 - Fairstar Heavy Transport N.V. (FAIR) has been awarded two contracts by Saipem to provide marine transportation services for the Golden Eagle Project in the North Sea. ...
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| BG Group to Increase LNG from Cheniere Energy |
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United States >> 1/26/2012 - BG Group announced that it has reached agreement with Sabine Pass Liquefaction, LLC (Sabine Liquefaction), a subsidiary of Cheniere Energy Partners, L.P., to purchase an additional 2 million tonnes of...
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| TWMA Appoints Rob O’Neill as a New Sales Director |
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United Kingdom >> 1/25/2012 - Rob O’Neill has been appointed as TWMA sales director. In this role Mr O’Neill will be responsible for driving the continued global growth of the company, specifically in the target markets of the Ame...
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| Weir Group Acquires Novatech LLC |
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United States >> 1/25/2012 - The Weir Group PLC (Weir) has agreed to acquire Novatech LLC, a US manufacturer of well service pump valves and valve seats for upstream oil and gas applications, for US$176m (£113m1) in cash. The con...
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| Siem Offshore Signs Satellite Communications Contract |
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Brazil >> 1/24/2012 - Harris CapRock Communications, a global provider of fully managed communications for remote and harsh environments, has been chosen by Siem Offshore to deliver turnkey Very Small Aperture Terminal (VS...
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| Ophir Appointed Lisa Mitchell as CHIEF FINANCIAL OFFICER |
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United Kingdom >> 1/24/2012 - Ophir is pleased to announce the appointment of Lisa Mitchell as Chief Financial. With 20 years’ experience as a senior finance officer in the oil and gas, mining and resources sectors, Lisa’s previou...
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| Expro Secures Multi-Million Pound Contract with Maersk |
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United Kingdom >> 1/24/2012 - Expro has recently secured a multi-million pound contract win with global oil and gas company Maersk Oil. The contract involves providing surface well testing, clean-up services and large bore subsea ...
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| Supplying Power & Positioning System for Statoil's Rigs |
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Norway >> 1/23/2012 - The Wartsila power and positioning system solution represents proven reliability as well as superior efficiency, which results in lower operating costs, fewer emissions and less maintenance. Furthermo...
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| Apache to Buy Cordillera Energy for $2.85 Billion |
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United States >> 1/23/2012 - Apache Corporation announced that it has agreed to acquire Cordillera Energy Partners III LLC, a privately held company with substantial operations that include approximately 254,000 net acres in the ...
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| EPC Services & Open Book Contract Signed |
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Australia >> 1/20/2012 - The Directors of Liquefied Natural Gas Limited advise that an EPC Services and Open Book Conversion Contract (EPCSOBC) has been signed in Beijing between China Huanqiu Contracting & Engineering Corpor...
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| New Deep-Water Pipeline Concept Reduces Cost But Not Safety |
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United Kingdom >> 1/20/2012 - DNV has developed a new pipeline concept, called X-Stream, that can significantly reduce the cost of a deep- and ultra-deepwater gas pipeline while still complying with the strictest safety and integr...
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| CB&I Awarded a Contract by Imperial Oil |
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Canada >> 1/18/2012 - CB&I announced that it has been awarded a contract, valued in excess of US$750 million, by Imperial Oil Resources Ventures Ltd. for work on the Kearl Expansion Project in Alberta, Canada. CB&I’s work ...
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| CNOOC 2012 Business Strategy & Development Plan |
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Canada >> 1/18/2012 - CNOOC Limited announces a summary of the Company’s business strategy and development plan for the year 2012. The total targeted net production of the Company in 2012 is 330 to 340 million barrels of o...
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| Subsea 7 Awarded Contract Offshore Australia |
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Australia >> 1/17/2012 - Subsea 7 S.A. announced the award of a SURF contract valued at approximately $60 million from Santos Limited on the Fletcher- Finucane Development offshore Western Australia. The contract scope includ...
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| Appointment of Mr Gerard Lamarche as Director of Total |
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France >> 1/16/2012 - At its meeting on January 12, 2012, the Board of Directors of Total accepted the resignation for personal reasons of Thierry de Rudder as a Director, effective the close of the meeting. Mr. de Rudder ...
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| Aquaterra Appoints Patrick as Managing Director |
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United Kingdom >> 1/16/2012 - Aquaterra Energy, the leading provider of technically-advanced offshore drilling equipment and support services, is delighted to announce that Patrick Phelan has joined the company as Managing Directo...
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| Mediterranean Oil & Gas Announces Board Appointments |
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United Kingdom >> 1/16/2012 - The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, is pleased to announce the appointments of Keith Henry as non execu...
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| Foundocean Awarded Two Jacket Foundation Contracts |
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United Kingdom >> 1/16/2012 - FoundOcean has won two North Sea pile grouting contracts for a total of five jacket structures, the installation of which are due to start in the first half of 2012. The contracts were awarded as Foun...
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| Conocophillips Seeks Partner for Oil Sands Assets |
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United States >> 1/16/2012 - ConocoPhillips (COP.N) is seeking a buyer for 50 percent of a large portion of its Canadian oil sands holdings, assets that could eventually produce more than half a million barrels a day, the U.S. oi...
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| TTS to Deliver Wellhead Platform Drilling Units |
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Norway >> 1/13/2012 - TTS Energy AS has on the 12th of January 2012 signed the contract with OSX WHP 1&2 Leasing B.V, a subsidiary of OSX S.A of Brazil for delivery of these two wellhead platform drilling units. The 2 unit...
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| Technip Awarded Two Subsea Contracts in Norway |
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Norway >> 1/13/2012 - Technip was awarded two contracts by the international energy company Statoil, worth a total of around €55 million, for the Vilje South field and Visund North developments located in the North Sea at ...
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| Aker Awarded Contract for Eight Steel Tube Umbilicals |
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United States >> 1/12/2012 - Aker Solutions has been awarded a contract for eight steel tube umbilicals by Anadarko Petroleum Corporation for the Lucius field located in the Gulf of Mexico. The contract value is undisclosed. The ...
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| TOYO Awarded FPSO Topsides Units for Brazil |
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Brazil >> 1/11/2012 - MODEC and TOYO Offshore Production Systems Pte. Ltd. (MTOPS), a joint company created by Toyo Engineering Corporation (TOYO, President and CEO Yutaka Yamada) and MODEC, Inc.(MODEC, President & Chief E...
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| Maersk Secures a Contract for Jack-Up Maersk Resolve |
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United Kingdom >> 1/11/2012 - Maersk Drilling has signed a contract with ConocoPhillips for the jack-up rig MAERSK RESOLVE for work in the UK North Sea. The contract includes drilling of two wells with an estimated duration of 165...
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| Apache to Purchase the FPSO Ningaloo Vision |
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Australia >> 1/10/2012 - A subsidiary of Apache Energy Limited has agreed to purchase the FPSO Ningaloo Vision for USD 185 million on behalf of the Van Gogh field joint venture partners (Apache 52.501 percent and INPEX 47.499...
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| ABB Wins Cable Order from Statoil for Troll A Platform |
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Norway >> 1/10/2012 - ABB, the leading power and automation technology group, has won an order worth around $25 million from Statoil to supply AC subsea power cables to the world’s largest offshore gas platform, Troll A, a...
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| Odfjell Drilling Secures Record Breaking Deal with BP |
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United Kingdom >> 1/10/2012 - Odfjell Drilling has been awarded a significant pre-contract award with BP for the provision of a new build, semi-submersible drilling unit for use in the UK’s West of Shetland region. The contract va...
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| Helmerich & Payne Announces Death of Chairman |
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United States >> 1/10/2012 - Walter H. Helmerich, III, businessman, civic leader and philanthropist, passed away peacefully on January 10, 2012. Born on January 12, 1923 in Tulsa to Walter H. Helmerich (co-founder of Helmerich & ...
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| FMC Awarded Subsea Systems Contract from Anadarko |
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United States >> 1/10/2012 - FMC Technologies, Inc. announced that it has signed an agreement with Anadarko Petroleum Corporation to provide subsea systems and life-of-field services for its Lucius project. The Lucius field is lo...
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| Halliburton Names Murry S. Gerber to Board of Directors |
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United States >> 1/10/2012 - Halliburton announced that Murry S. Gerber has been named to the company’s board of directors. The appointment is effective January 10, 2012 and Gerber will be confirmed by the stockholders at the ann...
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| FMC Awarded Subsea Systems Contract for GWF Project |
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Australia >> 1/9/2012 - FMC Technologies, Inc. announced that its Australian subsidiary has signed an agreement with Woodside Energy Ltd. for the design, manufacture and supply of subsea production systems to support the Gre...
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| Maersk Wins Four Contracts Worth About USD 250 m |
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Australia >> 1/9/2012 - Maersk Supply Service has won four major contracts worth about DKK 1.5 billion (around USD 250 million) with the major Brazilian oil company Petrobras and American oil major ExxonMobil for operation i...
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| Nexen Announces Executive Changes |
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Canada >> 1/9/2012 - Nexen Inc. announced that Marvin Romanow, President and Chief Executive Officer, is leaving the company effective immediately. Kevin Reinhart, Executive Vice President and Chief Financial Officer, has...
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| Penspen Manpower Services to Supply Specialist Engineers |
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United Kingdom >> 1/9/2012 - Penspen’s Manpower division has been contracted by Maersk Oil North Sea UK Ltd (Maersk Oil UK) to provide specialist manpower services in oil and gas engineering, pipelines and facilities. Under the t...
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| TransAtlantic Announces New COO & Provides Update |
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United States >> 1/9/2012 - TransAtlantic Petroleum Ltd. announces management changes and provides an update of the Company's operating activities. Chief Operating Officer Transition. TransAtlantic's Board of Directors has accep...
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| Keppel Deepwater Semisubmersible for Diamond Offshore |
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United States >> 1/9/2012 - Keppel AmFELS LLC, a US wholly-owned subsidiary of Keppel Offshore & Marine Ltd (Keppel O&M), has secured a contract from Diamond Offshore to construct and upgrade a moored semisubmersible rig with de...
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| Farm-out Agreement with Sinochem Offshore Brazil |
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Brazil >> 1/6/2012 - Perenco has signed an agreement with Sinochem Petr?leo Brasil Ltda, the 100% owned subsidiary of Sinochem Corporation (Sinochem) to farm-out five concessions in the Espirito Santo basin, offshore Braz...
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| Bergen Group Awarded Rebuilding Contract |
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Norway >> 1/6/2012 - Bergen Group BMV AS is awarded a contract for rebuilding work on the high- capacity seismic vessel Polar Duchess. The project generates immediate activity at the yard, and will be completed within en ...
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| Technip Awarded 2 Year Extension for Subsea Services |
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Norway >> 1/6/2012 - Technip was awarded the last option for the Statoil frame contract for diving, pipeline repair, contingency and modification services. The frame contract has been held by Technip since January 2007 an...
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| Aker Solutions Wins Boyla Subsea Contract |
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Norway >> 1/5/2012 - Aker Solutions has signed a contract with Marathon Oil Norge AS to supply a subsea production system for the operator's Boyla project on the Norwegian continental shelf. Contract value is approximatel...
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| Middle East Oil & Gas Production |
| Africa Oil & Gas Production |
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| Global | Oil & Gas Production |
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