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Middle East Oil & Gas News

ADNOC LNG Signs Agreements with BP and Total
ADNOC LNG Signs Agreements with BP and Total United Arab Emirates >> 11/12/2019 - ADNOC LNG has concluded supply agreements with subsidiaries of BP and TOTAL, effectively booking out the majority of its LNG production through Q1 2022. With the transactions, ADNOC LNG has continued ...
Lukoil Reports Preliminary Operating Data for the Third Quarter & Nine Months of 2019
Iraq >> 11/11/2019 - For the nine months of 2019 LUKOIL Group's average hydrocarbon production excluding the West Qurna-2 project amounted to 2,337 thousand boe per day, which is 1.6% higher year-on-year. The increase was...
Penspen Awarded PMC Framework Agreement with ADNOC
Penspen Awarded PMC Framework Agreement with ADNOC United Arab Emirates >> 11/11/2019 - Penspen has been awarded a prestigious Project Management Consultancy (PMC) framework agreement from the Abu Dhabi National Oil Company (ADNOC). The framework agreement, secured by Penspen’s Middle Ea...
ADNOC to Launch ICE Futures Abu Dhabi - a New Futures Exchange
United Arab Emirates >> 11/11/2019 - Intercontinental Exchange, a leading operator of global exchanges and clearing houses and provider of data and listings services, has announced that Abu Dhabi National Oil Company (ADNOC) and nine of ...
Israel's Delek Completes $2 bln Purchase of Chevron's North Sea Fields
Israel >> 11/10/2019 - Israel's Delek Group said on Sunday its Ithaca subsidiary, which it plans to spin off via a London listing, completed a deal to buy most of Chevron's British North Sea oil and gas fields for $2 billio...
Rex Subsidiary Masirah Oil Awards Drilling Rig Contract in Oman
Rex Subsidiary Masirah Oil Awards Drilling Rig Contract in Oman Oman >> 11/6/2019 - Rex International Holding subsidiary Masirah Oil has announced that it has awarded a drilling rig contract to Foresight Offshore Drilling, to utilize the Foresight Driller IX jackup rig, to drill one ...
Royal Commission for Jubail & Yanbu and Air Products Qudra Sign MOU
Saudi Arabia >> 11/6/2019 - Royal Commission for Jubail and Yanbu and Air Products Qudra signed a Memorandum of Understanding (MOU) to establish world-class industrial gas production facilities and distribution networks in the i...
Sparrows Doubles UAE Operations After Securing £55m in Contracts
United Arab Emirates >> 11/6/2019 - Sparrows Group has doubled the size of its operations in the United Arab Emirates (UAE) after securing contracts worth in excess of £55 million in the past three months. The awards have resulted in ov...
GMS Secures Four-Year Deal in Middle East
United Arab Emirates >> 11/5/2019 - GMS announces the award of a 4-year contract (firm period) for a K-Class (Small) vessel. GMS's customer is a Middle East national oil company, for which GMS will provide support for offshore activitie...
Successful Karish North Appraisal
Israel >> 11/4/2019 - Energean Oil and Gas plc (ENOG). the oil and gas producer focused on the Mediterranean, is pleased to announce the successful appraisal of the Karish North Discovery, confirming best estimate recovera...
Atrush Exceeds 20,000,000 Barrels of Oil Produced
Iraq >> 11/1/2019 - ShaMaran Petroleum Corp. (ShaMaran) is pleased to report that the Atrush oil field total production has exceeded 20,000,000 barrels. ...
Nusaned Signs Three Mous at FII to Attract Investments
Saudi Arabia >> 10/31/2019 - SABIC leaders joined international partners and Saudi business leaders at the third annual Future Investment Initiative (FII) in Riyadh on October 30 and signed three MOUs with international partners ...
Tethys Oil Farms Into Block 56 Exploration and Production License Onshore Oman
Oman >> 10/30/2019 - Tethys Oil AB, through its wholly owned subsidiary Tethys Oil Oman Onshore Limited (“Tethys Oil”), has entered into an agreement with Biyaq Oil Field Services (“Biyaq”) to acquire a 20 percent interes...
Aramco & AKER Collaboration on 4th Industrial Revolution Addressing Sustainability
Saudi Arabia >> 10/29/2019 - Saudi Aramco and AKER ASA (“Aker”) announced the signing of a Memorandum of Understanding (MoU) to develop synergies on industrial digitalization and sustainability initiatives. The non-binding MoU ha...
Air Products Confirms It is in Final Negotiations to Form $11.5 Billion Joint Venture
Saudi Arabia >> 10/29/2019 - Air Products (APD) confirmed that it is in final negotiations to form a joint venture with Saudi Aramco, ACWA Power and Air Products Qudra to acquire the gasification, power and industrial gas assets ...
Israel Awards Exploration Licenses in the Second Bidding Round
Israel >> 10/28/2019 - The Minister of Energy, Dr. Yuval Steinitz, granted the 8 licenses to the British companies Cairn and Pharos and the Israeli company Ratio, which they received from the Petroleum Commissioner within t...
Laffan Refinery 1 Marks 10 Years of Operation without Lost Time Incident
Qatar >> 10/27/2019 - Qatargas Operating Company Limited “Qatargas" has successfully managed to operate Laffan Refinery 1 (LR1) with zero Lost Time Injury (LTI) case for 10 years since started production in 2009. ...
Vantage Drilling Jackup Extended by Total
Qatar >> 10/24/2019 - Vantage Drilling International has announced that Total has exercised a one-year option on 2008-built jackup rig Emerald Driller, currently operating in Qatar. The extension will commence in direct co...
Al Imtiaz Investment’s Unit Wins Wafra Oil Field's Tender
Saudi Arabia >> 10/23/2019 - Al Imtiaz Investment Group announced that its 50.69% owned subsidiary won a tender that will cover the import of main and secondary heavy equipment for Kuwait Gulf Oil Company. The five-year tender is...
Genel Energy Provides Update on Qara Dagh PSC
Iraq >> 10/22/2019 - Genel Energy has announced the signing of a contract with Parker Drilling for the drilling of the QD-2 well on the Qara Dagh field (Genel 40% working interest, operator), in the Kurdistan Region of Ir...
McDermott Awarded Large Contract for Mixed Feed Cracker for Amiral Complex
Saudi Arabia >> 10/22/2019 - McDermott International, Inc. (MDR) has been awarded a large* contract by Saudi Aramco and Total Raffinage Chimie (Total) to provide licenses, basic engineering package, extended basic engineering, tr...
Qatar Petroleum Announces Commencement of Supply of Very Low Sulphur Fuel Oil
Qatar >> 10/21/2019 - Qatar Petroleum is pleased to announce commencing the supply of Very Low Sulphur Fuel Oil (VLSFO) at Ras Laffan Industrial City (RLIC) Port. The VLSFO marine fuel offering has been initiated in advanc...
Zion Finishes Data Acquisition for Largest Onshore 3-D Seismic Survey
Israel >> 10/16/2019 - Zion Oil & Gas, Inc. announces the completion of data acquisition for its Megiddo-Jezreel 3-D seismic program. ...
ADNOC & Russian Energy Agency Sign Comprehensive Strategic Framework Agreement
United Arab Emirates >> 10/16/2019 - The Abu Dhabi National Oil Company (ADNOC) signed a comprehensive strategic framework agreement with the Federal State Budgetary Organization “Russian Energy Agency” by the Ministry of Energy of the R...
Intertek Expands Sharjah Corrosion Facility
United Arab Emirates >> 10/16/2019 - Intertek, a leading Total Quality Assurance provider to industries worldwide, announces the expansion of its corrosion testing at its Sharjah Laboratory Complex, which assists clients in the UAE, Saud...
Saudi's IMI Signed a License Agreement with GustoMSC
Saudi Arabia >> 10/15/2019 - International Maritime Industries (IMI) had signed a License Agreement with GustoMSC, an NOV company. The agreement enables IMI to efficiently construct and deliver drilling rigs to its clients. The a...
The Carlyle Group Completes Acquisition of Shareholding in Cepsa from Mubadala
United Arab Emirates >> 10/15/2019 - Mubadala Investment Company, the Abu Dhabi-based sovereign investor, and global investment firm The Carlyle Group (CG) have reached completion of the transaction announced on 8 April 2019. ...
ADNOC Awards Russia’s LUKOIL a Stake in the Ghasha Sour Gas Concession
ADNOC Awards Russia’s LUKOIL a Stake in the Ghasha Sour Gas Concession United Arab Emirates >> 10/15/2019 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have awarded to a subsidiary of the Russian listed PJSC Lukoil Oil Company (LUKOIL) a five percent stake in the Ghasha ultra-sou...
LUKOIL Enters the Ghasha Project in the UAE
United Arab Emirates >> 10/15/2019 - LUKOIL has acquired a 5 percent share in the Ghasha Concession Agreement from the Abu Dhabi National Oil Company (ADNOC). ...
Aramco Signs 1 SPA & 9 MOUs with Russian Companies at the Saudi - Russian CEO Forum
Aramco Signs 1 SPA & 9 MOUs with Russian Companies at the Saudi - Russian CEO Forum Saudi Arabia >> 10/14/2019 - Saudi Aramco President & CEO Amin H. Nasser today attended the Saudi - Russian CEO Forum hosted in Riyadh as part of the state visit of the Russian President Vladimir Putin. At the Forum, Nasser noted...
Aramco, TechnipFMC & Axens Advance Catalytic Crude to Chemicals Technology
Saudi Arabia >> 1/29/2019 - Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to accelerate the development and c...

Africa Oil & Gas News

Rig Option Agreement Signed for Tilapia 103C-ST
Congo >> 11/12/2019 - Anglo African Oil & Gas plc is pleased to announce that it has entered into a rig option agreement (the Rig Agreement) with Societe de Forage Petroliers (SFP) for the provision of a rig to carry out d...
Commencement of Production at South Disouq Concession in Egypt
Commencement of Production at South Disouq Concession in Egypt Egypt >> 11/12/2019 - SDX Energy Plc (SDX) is pleased to announce the commencement of production from its operated South Disouq concession (SDX: 55% working interest) in Egypt. ...
Somaliland Farm-out Process
Somalia >> 11/11/2019 - Genel Energy plc has increased its stake in the SL10B13 block, onshore Somaliland, to 100%, having acquired East Africa Resource Group's 25% stake. ...
Successful Startup of Mostorod Refinery in Egypt
Successful Startup of Mostorod Refinery in Egypt Egypt >> 11/10/2019 - Qatar Petroleum is pleased to announce the successful start-up of the Egyptian Refining Company (ERC) Refinery project located in Mostorod, north of the Egyptian capital Cairo. Qatar Petroleum owns 38...
NOC Reports Increase in October Oil & Gas Revenues
Libya >> 11/10/2019 - National Oil Corporation (NOC) reported October 2019 revenues of approximately 2.2 billion USD, an increase of 381 million USD (21%) compared to September 2019 revenues. ...
AGOCO Increases Nafoura Field Production Capacity
Libya >> 11/8/2019 - Within the framework of the National Oil Corporation (NOC)'s plan to increase production rates and to implement the targeted programme of work within the framework of the approved extraordinary budget...
Seven Energy Transaction Progresses to Completion Phase
Nigeria >> 11/8/2019 - Savannah Petroleum PLC, the British independent oil & gas company focused around activities in Niger and Nigeria, is pleased to provide an update in relation to the Seven Energy Transaction (the “Tran...
Aramco Signs 2020 Crude Oil Supply Deals at China’s Largest Trade Fair
Sudan >> 11/7/2019 - Saudi Aramco signed crude oil sales agreements for 2020 with five Chinese customers, increasing total volume by 151,000 barrels per day compared to their 2019 supply contracts. These new sales agreeme...
Ghana to Revoke 4 Petroleum Licences for Lack of Development
Ghana >> 11/6/2019 - Ghana will revoke four petroleum exploration licences from companies that are not developing the assets. The country will take aggressive action to ensure that its petroleum assets are developed. The ...
AGOCO Starts Production Enhancement Program at Sarir Oil Field
Libya >> 11/6/2019 - As part of the National Oil Corporation (NOC)’s plan to increase production rates, and within the framework of the approved extraordinary budget, Arabian Gulf Oil Company (AGOCO) has begun implementat...
Sound Energy Will Sell Its Interests in Eastern Morocco Portfolio
Morocco >> 11/6/2019 - Sound Energy, the Moroccan focused upstream gas company, is pleased to update investors on the ongoing marketing process in respect of its Eastern Morocco Portfolio. ...
Aminex Provides Corporate and Operations Update
Tanzania >> 11/6/2019 - Aminex announcesthe following developments and updates regarding the Company’s ongoing operations in Tanzania and other corporate matters. ...
Two New Wells Were Put on Production in Baltim Field
Two New Wells Were Put on Production in Baltim Field Egypt >> 11/5/2019 - The exploration wells, Baltim Southwest-1 and Baltim Southwest-2, in the Nile Delta region have been placed on production with a rate of around 190 million cubic feet per day and about 1300 barrels of...
Senegal Includes Disputed SOSP Block in Launched Licensing Round
Senegal >> 11/5/2019 - PetroNor notes the news that the authorities of Senegal have included the block Senegal Offshore Sud Profond (“SOSP”) in a recently launched licensing round covering all open blocks in Senegal’s offsh...
Shearwater Awarded South Africa Seismic Project by Total
South Africa >> 11/4/2019 - Shearwater GeoServices Holding AS has been given a conditional letter of award for a 2D seismic acquisition and fast-track processing project by Total E&P South Africa B.V. ...
Israel-Egypt Gas Pipeline Deal Seen Imminent
Israel-Egypt Gas Pipeline Deal Seen Imminent Egypt >> 11/3/2019 - A deal that would transfer control of a natural gas pipeline between Israel and Egypt is expected to be closed in the next few days, the companies said.

Texas-based Noble Energy, Israel’...
Tower Resources Announces Cameroon Operational Update
Cameroon >> 11/1/2019 - Tower Resources plc, the AIM-listed oil and gas company with a focus on Africa, is pleased to provide an update on operations on the Thali block in Cameroon. ...
Africa Oil Enters Into Amended Agreement to Increase its Interest in Deepwater Nigeria Fields
Nigeria >> 11/1/2019 - Africa Oil Corp. (AOI) is pleased to announce that it has entered into an amendment to the share purchase agreement (the "Amended SPA") signed on October 31st, 2018, between Petrobras International Br...
OPL 310 Licence Extension Terms Fulfilled
Nigeria >> 10/31/2019 - LEKOIL, the oil and gas exploration and development company with a focus on West Africa, announces that it has paid the US$7.5 million license extension fee for OPL 310 ("the Block") as mandated by th...
Sisi Issues Law for Oil Exploration in Ras Qattara
Egypt >> 10/30/2019 - President Abdel Fattah El Sisi issued Law No. 136 of 2019 authorizing the Minister of Petroleum and Mineral Resources in contracting with the Egyptian General Petroleum Corporation (EGPC) and the Egyp...
BW Energy Announces Revised Plan of Development for Ruche Phase 1
Gabon >> 10/30/2019 - BW Offshore Limited (BWO) is pleased to announce a revised Ruche development plan including the Hibiscus discovery which will accelerate production growth from the Dussafu license offshore Gabon. Unde...
Vaalco Provides Update on Drilling of Etame 9H Development Well
Gabon >> 10/30/2019 - VAALCO Energy, Inc. provided an update on its 2019/2020 drilling program Offshore Gabon. At the Etame field, the Company has begun drilling the Etame 9H horizontal development well targeting the Gamba...
Tendrara Gas Sales Agreement: Signature of MOU
Morocco >> 10/30/2019 - Sound Energy has signed a memorandum of understanding for the sale of the Company's natural gas production in the Tendrara concession in Eastern Morocco. ...
Polarcus Secures 4D Seismic Project Offshore West Africa
Nigeria >> 10/30/2019 - Polarcus Limited announces that an award has been received for a 4D marine seismic acquisition project offshore West Africa. The project duration is approximately two months and is scheduled to commen...
Robust Development Economics for SNE Oil Field, Offshore Senegal
Senegal >> 10/30/2019 - FAR Limited releases the economic data for the development of the world class SNE oil field offshore Senegal. SNE, the world’s largest conventional oil discovery in 2014, is today recognised as a glob...
BOURBON and SONASURF Sign Partnership in Angola
Angola >> 10/29/2019 - BOURBON & SONASURF are proud to announce the signing of a 3-year cooperation agreement with TOTAL in Angola for the deployment of the Smart shipping program on 5 latest-generation supply vessels of th...
Assala has 4 Licence Renewals & New Exploration Acreage Acquisitions
Gabon >> 10/28/2019 - Assala Energy announced a 25-year renewal of four of its onshore production licences, as well as the acquisition of three new onshore exploration licences. ...
Orca-1 Exploration Well Makes Major Gas Discovery Offshore Mauritania
Mauritania >> 10/28/2019 - Kosmos Energy announced that the Orca-1 exploration well has made a major gas discovery offshore Mauritania in the BirAllah area. The results continue the 100 percent success rate from nine wells targ...
New Resources Discovered in the Gulf of Suez Offshore Egypt
New Resources Discovered in the Gulf of Suez Offshore Egypt Egypt >> 10/25/2019 - Eni announces the discovery of new resources in the Abu Rudeis Sidri development lease, in the Gulf of Suez, where the operating company Petrobel, equally held by Eni and by the Egyptian General Petro...
Commencement of Drilling Operations in Morocco
Morocco >> 10/25/2019 - SDX Energy Plc, the MENA-focused oil and gas company, is pleased to announce the commencement of a 12 well drilling campaign, targeting a mean 15bcf of gross unrisked prospective resources, in its ope...
Potential for 1.2 billion barrels of Oil Offshore The Gambia
Gambia >> 10/24/2019 - FAR Gambia Ltd, a wholly owned subsidiary of FAR Ltd has completed detailed geotechnical studies incorporating the Samo-1 well results and data, and have assessed significant hydrocarbon resource pote...
Faregh Field Development Phase 2 to Boost Daily Production Capacity
Libya >> 10/24/2019 - In an important step toward achieving the production targets of the National Oil Corporation (NOC), Waha Oil Company (WOC) announced the beginning of operating tests of the Phase 2 of the Faregh field...
McDermott Awarded Fabrication Subcontract for Greater Tortue Ahmeyim Natural Gas Project
Mauritania >> 10/24/2019 - McDermott International, Inc. has been awarded a sizeable* fabrication subcontract for the Greater Tortue Ahmeyim natural gas project. ...
Lukoil & NNPC Sign Memorandum of Understanding
Nigeria >> 10/24/2019 - President of PJSC LUKOIL Vagit Alekperov and Nigerian National Petroleum Corporation (NNPC) Group Managing Director Mele K Kyari signed a Memorandum of Understanding between the companies. Memorandum ...
AfDB Funds Angola Initiative to Improve Business Environment
Angola >> 10/23/2019 - The Angolan Government has launched a study funded by the Bank through the KOAFEC trust fund to support the improvement of export diversification and the business environment. ...
Eni Starts Production at Obiafu 41, in Nigeria
Nigeria >> 10/23/2019 - Eni started gas and condensate production from the Obiafu 41 discovery, Niger Delta, just 3 weeks after well completion. The discovery contains approximately 28 billion cubic meters of gas and 60 mill...
Term Sheet for Offtake and Prepayment Agreement
Congo >> 10/22/2019 - The Company has entered into a non-binding indicative term sheet with an international oil marketing and trading company (the "Offtaker") for an agreement which, if it were to complete and on bringing...
Petrofac Secures Three Engineering Contracts in MENA
Petrofac Secures Three Engineering Contracts in MENA Libya >> 10/22/2019 - Petrofac will provide FEED and conceptualisation studies to clients in Oman and Libya following the award of a clutch of new contracts. ...
Maintenance Work Completed for Well A1-126 in Shadar field
Libya >> 10/22/2019 - Sirte Oil Co and Waha Oil Company, two subsidiaries of National Oil Corporation (NOC), managed to control the leak that occurred in A1-126 well on October 5, 2019 in the Shadar field. A team of engine...
Homeland IOS Ltd Takes Delivery the Latest Damen FCS 3307 Patrol Vessels
Nigeria >> 10/22/2019 - The latest additions to the modern and diverse fleet operated by Homeland Integrated Offshore Services (Homeland IOS Ltd) have arrived safely in Nigeria and are now being prepared for their first assi...

Asia Oil & Gas News

Yokogawa Acquires Nanopipette Technology from US Venture
Japan >> 11/12/2019 - Yokogawa Electric Corporation has acquired a nanopipette*1 technology that was developed by BioStinger, Inc., a spin-off from the University of California, Santa Cruz. This technology is able to targe...
Capital Partnership between Marubeni and Interstellar Technologies
Japan >> 11/11/2019 - Marubeni Corporation (Marubeni) and Interstellar Technologies Inc. (hereinafter, “IST”) entered into a capital partnership via Marubeni’s investment in IST. IST is a venture company established in 200...
SKF Acquires Software Development Start-Up
Singapore >> 11/11/2019 - SKF has completed the acquisition of Form Automation Solutions (FAS), a US-based software development start-up company. ...
Iran Discovers New Oilfield in Khuzestan
Iran >> 11/10/2019 - Iranian President Hassan Rouhani announced the discovery of a new oilfield in the south-western province of Khuzestan. ...
Horizon Oil Completes WZ 6-12 M1 Exploration Well
China >> 11/8/2019 - Further to the announcement of 28 October 2019, Horizon Oil advises that the WZ 6-12 M1 exploration well, Beibu Gulf, People’s Republic of China, has been drilled to the target depth of 2025mMD and th...
Rosneft Introduces Position of Vice-President for Informatization, Innovation, and Localization
Russia >> 11/8/2019 - Rosneft Oil Company would like to inform that a single integral position of the Vice-President for Informatization, Innovation, and Localization has been adopted in the Company. ...
Gazprom & Uniper Discuss Gas Supplies and Nord Stream 2
Russia >> 11/8/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Andreas Schierenbeck, Chairman of the Management Board of Uniper, took place today in St. Petersburg.
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Dayuewan (Zhuhai) Petrochemical Will Use Honeywell Technology to Upgrade Heavy Fuel Oil
China >> 11/7/2019 - Honeywell today announced at China International Import Expo (CIIE) 2019 that Dayuewan (Zhuhai) Petrochemical Co., Ltd., a subsidiary of China Grain Petrochemical Group, will use a range of technologi...
Air Liquide & Sinopec Sign an MoU in China
China >> 11/6/2019 - Air Liquide and Sinopec (China Petroleum & Chemical Corp.) have signed, in Beijing, in the presence of Emmanuel Macron, President of the French Republic, and Xi Jinping, President of the People's Repu...
Alexey Miller & Germany’s Government Commissioner Discuss Gas Cooperation
Russia >> 11/6/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Georg Graf Waldersee, Commissioner of the Federal Government of the Federal Republic of Germany for Gas Trans...
Plans to Liquidate Petro-Diamond Singapore (Pte) Ltd.
Singapore >> 11/6/2019 - Mitsubishi Corporation (MC) has decided to plan to liquidate one of its subsidiaries based in Singapore, Petro-Diamond Singapore (Pte) Ltd. (PDS). ...
Andalas Energy and Power Provides Operations Update on the Betun Selo KSO
Indonesia >> 11/5/2019 - Andalas Energy and Power has announced an operations update on the Betun Selo KSO, in which it has a production interest further to the agreement announced on 21 June 2019. The Company is currently un...
1st Olefin Furnace of Ilam Petchem Plans Online
Iran >> 11/5/2019 - The CEO of Ilam Petrochemical Company said that Furnace I of the olefin unit of the complex had come online. ...
Velesto Secures Jack-up Deal with Hess
Malaysia >> 11/5/2019 - The Board of Directors of Velesto Energy Berhad (VEB) is pleased to announce that Velesto Drilling Sdn. Bhd. (“VED”), a wholly-owned subsidiary of Velesto Malaysian Ventures Sdn. Bhd. (“VMV”), which i...
Sonoro Energy Assumes Full Operations of the Selat Panjang Oil & Gas Concession
Indonesia >> 11/4/2019 - Sonoro Energy, through a wholly owned subsidiary company Zamatra Bakau Straits, along with its Indonesian co-venturer, has announced that it is in the process of assuming full operations of the Selat ...
DNV GL Reaffirms Highest Level of Integrity of Nord Stream Pipeline
Russia >> 11/1/2019 - The leading global quality assurance and risk management company DNV GL has extended the certificate of conformity to the offshore standard for underwater pipelines DNV-OS-F101 for the Nord Stream gas...
SIBUR Closes Sale of Togliatti-Based Petrochemical Facilities to Tatneft
Russia >> 11/1/2019 - SIBUR and Tatneft have closed the sale and purchase of certain production and other assets that to date have been registered in the name of SIBUR Togliatti and Togliattisintez legal entities. ...
Analyzers Survey for Improvement of Oil Factory Operation in Kazakhstan
Kazakhstan >> 10/31/2019 - In the modern refinery investments, CAPEX in process optimization and the acquisition of costly process analytical and process optimization systems is nowadays not anymore based on and “nice to have i...
SOCAR to Provide Managerial Expertise to Antipinsky Refinery
Russia >> 10/31/2019 - State Oil Company of Azerbaijan (SOCAR) completed necessary procedures and became a minority shareholder of the SOCAR Energoresurs Group in Russia. SOCAR Energoresurs Group unites Antipinsky Refinery ...
Gazprom Neft Introduces a Unique Asset-Development Forecasting Digital Platform
Russia >> 10/31/2019 - The Gazprom Neft Science and Technology Centre has created a unique IT system — “ERA: ProActive” for the integrated data analysis of hydrocarbon reserves. Cognitive algorithms built into the programme...
Total Sells Its Interest in Offshore Block CA1
Brunei Darussalam >> 10/30/2019 - Total has signed an agreement to sell wholly owned subsidiary Total E&P Deep Offshore Borneo BV — which holds an 86.95% interest in Block CA1, located 100 kilometers off the coast of Brunei — to Shell...
Block Energy Signs Gas Sales Agreement for West Rustavi Field
Georgia >> 10/30/2019 - Block Energy Plc, the exploration and production company focused on the Republic of Georgia, is pleased to announce it has entered into a gas sales agreement ("the Agreement") with Bago LLC ("Bago"), ...
Operational Update on Licence 67 Forward Plans
Russia >> 10/30/2019 - PetroNeft (AIM: PTR) an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 is pleased to provide the foll...
Lukoil & Mol Group Sign Memorandum of Understanding
Russia >> 10/30/2019 - President of LUKOIL Vagit Alekperov and General Director of Hungarian oil and gas company MOL Zsolt Hern?di have signed a Memorandum of Understanding in Budapest today. The document confirms obligati...
Acquisition of Hydrolea LTD
Georgia >> 10/29/2019 - Georgia Capital PLC (Georgia Capital) announces the acquisition of a 100% equity stake in Hydrolea LTD (“Hydrolea” or the “Company”) through its wholly-owned subsidiary. ...
KrisEnergy to Sell Its Interest in the Andaman II PSC
Indonesia >> 10/29/2019 - KrisEnergy has accepted a binding letter of offer by a major international oil and gas company for the disposal of a 30% non-operated working interest in the Andaman II production sharing contract (PS...
Rosneft & Pertamina JV Sign Tuban Refinery Design Contract
Rosneft & Pertamina JV Sign Tuban Refinery Design Contract Indonesia >> 10/29/2019 - PT Pertamina Rosneft Pengolahan dan Petrokimia, joint venture of PJSC Rosneft Oil Company and Indonesian state oil and gas company Pertamina, signed a contract with Spanish Tecnicas Reunidas SA to car...
MHI Generates Renewable Energy Equivalent to the Consumption of Its Entire U.S. Operations
Japan >> 10/29/2019 - Mitsubishi Heavy Industries, Ltd. (MHI) has achieved annual energy output from the White Deer Wind Farm, a wind power facility it acquired one year ago, equivalent to the energy consumed across its bu...
Power of Siberia Pipeline Filled up with Gas
Russia >> 10/29/2019 - Gazprom has completed feeding natural gas into the Power of Siberia gas pipeline. The gas from the Chayandinskoye field in Yakutia has reached the near-border gas metering station in the proximity of ...
Two-Millionth Tonne of Oil Produced at Kuyumbinskoye Field
Russia >> 10/29/2019 - The two-millionth tonne of oil since the start of commercial production has now been produced at the Kuyumbinskoye field (Krasnoyarsky Krai). The field is being developed by Slavneft-Krasnoyarsknefteg...
Feasibility Study Completed for Oil Refinery CDU Optimization in Serbia
Russia >> 10/29/2019 - In the modern refinery investments, CAPEX in process optimization and the acquisition of costly process analytical and process optimization systems is nowadays not anymore based on and “nice to have i...
Gazprom Neft Successfully Completes a RUB25 billion Bond Placement
Russia >> 10/29/2019 - Gazprom Neft has successfully closed the book building for its 003R-01R-series exchange-traded bonds, with a total nominal value of RUB25 billion, and a maturity of five years. The issue offers a two-...
Ezion Sells off Jack-up Trio
Singapore >> 10/29/2019 - The Board of Directors of Ezion Holdings Limited, and together with its subsidiaries, the “Group”) wishes to announce that the Group had entered into a conditional sale and purchase agreement (“SPA”) ...
Sembcorp Marine Earns 3D Printing Certifications for Parts Used in Construction & Repairs
Singapore >> 10/29/2019 - Sembcorp Marine received certifications qualifying its 3D printing procedures and specifications for components used in its construction and repair projects. This game-changing development paves the w...
Horizon Oil Spuds WZ 6-12 M1 Exploration Well in Beibu Gulf
China >> 10/28/2019 - Horizon Oil advises that the WZ 6-12 M1 exploration well, Beibu Gulf, People’s Republic of China, spudded at 00:30am local time on 25 October 2019. The well is located in between the Weizhou 6-12 Nort...
Iran Eyes Revenue Generation by Developing LNG Projects
Iran >> 10/28/2019 - Iran is considering liquefied natural gas (LNG) projects in order to generate more revenues from its abundant natural gas reserves. ...
First Harbor's Loading Arms Installed in Tombak Port
Iran >> 10/28/2019 - Director of service-export port of tombak, PayyamMotamed, announced that three arms for loading propane and butane were installed for the first harbor of the service-export port. ...
MHIEC Receives Order to Refurbish the Tsurumi Plant in Yokohama
Japan >> 10/28/2019 - Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from the Yokohama city government ...
Yokogawa Awarded Plant Simulation Project by PUB
Singapore >> 10/28/2019 - Yokogawa Electric Corporation (TOKYO: 6841) announced today that its subsidiary, Yokogawa Engineering Asia, has been awarded a contract from PUB, Singapore's National Water Agency, to develop a plant ...
Coro Energy Announces Tambak-2 Operational Update
Indonesia >> 10/25/2019 - Coro Energy, the Southeast Asian focused upstream oil and gas company, has provided an operational update in relation to the drilling campaign in the Conrad Petroleum-operated Duyung Production Sharin...

Global Oil & Gas News

MODEC, Mitsui, MOL & Marubeni to Invest in FPSO Charter Project
Brazil >> 11/12/2019 - MODEC, Inc. (MODEC,), Mitsui & Co., Ltd. (Mitsui), Mitsui O.S.K. Lines, Ltd. (MOL) and Marubeni Corporation (Marubeni) have agreed that Mitsui, MOL and Marubeni will invest in a long-term charter busi...
ConocoPhillips Makes Oil & Gas Discovery Near the Balder Field
Norway >> 11/12/2019 - ConocoPhillips Scandinavia, operator of production licence PL 782 S, has concluded the drilling of wildcat well 25/7-7. The well was drilled about 15 kms northwest of the Balder field in the central p...
Woodside Approves Pluto- NWS Interconnector Pipeline
Australia >> 11/11/2019 - Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector and has entered into contractual arrangements with DDG Operations Pty Ltd f...
Strategic Cooperation Agreement with Daewoo Co. Ltd for Onshore Projects
Italy >> 11/11/2019 - Saipem and Daewoo E&C Co. Ltd have signed a strategic agreement for cooperation on targeted worldwide opportunities in the onshore oil and gas industry, with specific emphasis on the LNG sector. ...
Maersk Drilling Awarded One-Well Exploration Contract by MOL
Norway >> 11/11/2019 - Maersk Drilling has secured a one-well contract for the ultra-harsh environment jack-up rig Maersk Interceptor with MOL Norge for exploration drilling on PL617 in the Southern North Sea, operated by M...
Wintershall Dea Given Consent for Exploration Drilling in the Norwegian Sea
Norway >> 11/11/2019 - Norway's Petroleum Safety Authority has given Wintershall Dea consent for the exploration drilling of two wells in the Norwegian Sea. The wells 6604/5-2 S and 6604/6-1 will be drilled in production li...
Centrica, SWM Launch Sale of North Sea Oil Producer Spirit Energy
United Kingdom >> 11/11/2019 - Energy group Centrica and Stadtwerke Muenchen (SWM) Group have launched the sale of Spirit Energy, one of the North Sea’s biggest oil and gas producers, according to a document sent to prospective buy...
LyondellBasell Announces its Gulf Coast Plant is 20% Complete
United States >> 11/11/2019 - LyondellBasell (LYB), announced construction on its propylene oxide (PO) and tertiary butyl alcohol (TBA) plant has surpassed 20 percent completion, with work shifting from foundation and infrastructu...
Oxy to Sell Permian Campus after Anadarko Acquisition
United States >> 11/11/2019 - Occidental Petroleum Corp. plans to sell a four-story office building in the heart of the Permian Basin and move employees into a nearby one owned by Anadarko Petroleum Corp., the oil producer it boug...
Woodside Increases Scarborugh Field Resource Volume by 52%
Australia >> 11/8/2019 - Woodside reports that the estimated gross contingent resource (2C) dry gas volume for the Scarborough field has increased to 11.1 Tcf (100%; 8.3 Tcf Woodside share), up 52% from 7.3 Tcf (100%; 5.5 Tcf...
SBM Offshore Awarded Contracts for ExxonMobil’s Third FPSO
Guyana >> 11/7/2019 - SBM Offshore is pleased to announce that ExxonMobil subsidiary Esso Exploration and Production Guyana Limited (EEPGL) has awarded the Company contracts to perform Front End Engineering and Design (FEE...
Shearwater Awarded Eastern Mediterranean 3D Survey
Norway >> 11/7/2019 - Shearwater GeoServices Holding AS (Shearwater) has been awarded a 3D seismic survey in the Eastern Mediterranean. The one-month survey will be executed in Q4 2019. ...
Maersk Drilling Secures One-Well Extension & Low-Emission Upgrade for Maersk Integrator
Norway >> 11/7/2019 - Maersk Drilling has secured a contract extension offshore Norway for the ultra-harsh environment jack-up rig Maersk Integrator from Aker BP. In continuation of the rig’s current workscope for Aker BP,...
DOF Subsea Awarded Contracts in Trinidad and GoM
Trinidad and Tobago >> 11/7/2019 - DOF Subsea is pleased to announce multiple contract awards from undisclosed clients in two important growing regions, Trinidad and US GoM. ...
TGS & WhiteStar Announce Strategic Partnership
United States >> 11/7/2019 - TGS and WhiteStar have announced a partnership to jointly provide a robust solution combining TGS well data and WhiteStar land grid GIS data, coupled with field and pool data. ...
Equinor Sells Eagle Ford Asset
United States >> 11/7/2019 - Equinor has signed an agreement to divest to Repsol its 63% interest in, and operatorship of, its onshore business in the Eagle Ford in the US state of Texas. ...
Ecopetrol Acquires Interest in the Esox Prospect
United States >> 11/7/2019 - Ecopetrol reports that its US subsidiary, Ecopetrol America LLC, has participated in the drilling of the Esox-1 well under a Farmout Agreement with Chevron U.S.A. Inc. The well which resulted in the d...
10 Well Appraisal Program Commences in Cooper Basin
Australia >> 11/6/2019 - Cooper Energy (COE) announces a 10 well appraisal program by the PEL 92 joint venture commenced with the spudding of Callawonga-22 at 18:30 hours 5 November 2019. ...
Seabed Geosolutions Completes Largest OBN Project in Brazil
Brazil >> 11/6/2019 - Seabed Geosolutions has just completed the world’s largest deepwater proprietary 3D ocean bottom node (OBN) survey in the Santos Basin, offshore Brazil. ...
Oil and Gas Discovery in the North Sea
Norway >> 11/6/2019 - Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, by the Fram field in the North Sea. Recoverable resources are estimated at...
Seismic Industry Veteran Appointed New Chair of Shearwater GeoServices’ Board
Norway >> 11/6/2019 - The Board of Directors of Shearwater GeoServices (“Shearwater”) is pleased to announce the appointment of seasoned marine seismic industry leader Robert Hobbs as the new chair of the Board of Director...
ExxonMobil & FuelCell Energy Expand Agreement for Carbon Capture Technology
United States >> 11/6/2019 - ExxonMobil and FuelCell Energy, Inc. have signed a new, two-year expanded joint-development agreement to further enhance carbonate fuel cell technology for the purpose of capturing carbon dioxide from...
Dombey-1DW1 Drilling Rig Release
Australia >> 11/5/2019 - Cooper Energy (COE) a 30% interest holder in PEL 494 (operated by Beach Energy 70% interest) in the Penola Trough, Onshore Otway Basin (Figure 1), announces the Ensign 931 rig has been released from...
Saipem Receives Safety Award from Total
Italy >> 11/5/2019 - Saipem has received the Total Safety Award for an innovative system that improves performances during operations in confined spaces in terms of personnel safety, productivity and quality of the end pr...
McDermott Appoints Chris Krummel as Chief Financial Officer
United States >> 11/5/2019 - McDermott International, Inc. (MDR) announced the appointment of Chris Krummel as Executive Vice President, Chief Financial Officer, effective immediately. Mr. Krummel joined McDermott in 2016 and pre...
Pacific Drilling Announces Third-Quarter 2019 Results
United States >> 11/5/2019 - Pacific Drilling S.A. (PACD) reported results for the third quarter of 2019. Net loss for third-quarter 2019 was $90.8 million or $1.21 per diluted share, compared to net loss of $73.6 million or $0.9...
Seadrill Limited Announces Contract Award for the West Tellus
Brazil >> 11/4/2019 - Seadrill Limited (“Seadrill”) has secured a two year contract with Petroleo Brasileiro S.A. (“Petrobras”) for the West Tellus in Brazil. Total contract value is expected to be approximately $170 mill...
Zenith Energy Announces Proposed Acquisition of Norwegian Oil & Gas Company
Norway >> 11/4/2019 - Zenith Energy has formalised an offer to acquire a Norwegian oil & gas company, Nordic Petroleum, by way of an exchange of equity. The proposed acquisition is structured to be for a minimum of 90 perc...
Borr Drilling Limited Reports New Contracts in November 2019
Bermuda >> 11/1/2019 - Borr Drilling Limited (BDRILL) has issued an updated fleet status report, available on the Company’s website and attached to this release. The report includes news about five new contracts and extensi...
Husky Energy Closes Sale of Prince George Refinery
Canada >> 11/1/2019 - Husky Energy (HSE) has closed the sale of its 12,000 barrel-per-day Prince George Refinery to Tidewater Midstream and Infrastructure for $215 million in cash, plus a closing adjustment of approximatel...
SKF Completes Acquisition of Presenso
Sweden >> 10/31/2019 - SKF has completed the previously announced acquisition of Presenso Ltd. ...
TGS Announces 3D Project Offshore Argentina
Argentina >> 10/30/2019 - TGS announced a new 3D multi-client project offshore Argentina. The Malvinas 3D survey will cover approximately 7,300 square kilometers of highly prospective Malvinas Basin, which saw spirited interes...
McDermott Signs Memorandum of Understanding with Darwin Clean Fuels
Australia >> 10/30/2019 - McDermott International, Inc. announced the signing of a Memorandum of Understanding (MOU) with Darwin Clean Fuels Pty Ltd. The MOU is for the feasibility study, technology, front-end engineering desi...
ConocoPhillips Awards EPCI Contract for Barossa FPSO Facility to MODEC International
Australia >> 10/30/2019 - ConocoPhillips Australia as operator of the Barossa joint venture has awarded an Engineering, Procurement, Construction and Installation (EPCI) contract for the Barossa Floating Production, Storage an...
INPEX Awards Ichthys LNG Supply Contract to Solstad
Australia >> 10/30/2019 - Solstad Offshore ASA has entered into a contract with Inpex Operations Australia Pty for the provision of two anchor handlers to support additional drilling at Ichthys LNG development. ...
GLNG JV to Explore for More Queensland Natural Gas
Australia >> 10/30/2019 - The GLNG joint venture has been announced by the Queensland Government as the preferred tenderer for two new exploration areas in the state’s Surat Basin. ...
TGS Commences Onshore Seismic Acquisition for Montney Basin 3D Project
Canada >> 10/30/2019 - TGS announced the commencement of its Midnight 3D onshore seismic survey to further solidify its core position in the Inga/Fireweed area of British Columbia in Canada. ...
Nord Stream 2 Granted a Construction Permit by Denmark
Denmark >> 10/30/2019 - Nord Stream 2 has obtained the permit to construct its planned pipeline system in the Danish Exclusive Economic Zone (EEZ) south-east of Bornholm. The permit was granted by the Danish Energy Agency, w...
The Crane Vessel Saipem 7000 Establishes a New ocal Lifting Record for the Gulf of Mexico
Mexico >> 10/30/2019 - The Saipem 7000, one of the largest crane vessels in the world, set a new local heavy lift record of 11,100t for the Gulf of Mexico. The previous local record had been set in 2007, again by the Saipem...
QTXD to Use UOP Technology for Propylene Production
United States >> 10/30/2019 - Honeywell has announced that Zibo Qixiang Tengda Chemical Co. (QTXD) will use its UOP C3 OleflexTM technology to expand production of propylene in response to growing demand for propylene derivatives....

Gulf Oil and Gas
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