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Medco Energi Completes Acquisition of Ophir Energy
Indonesia >> 5/22/2019 - Medco Energi has announced the completion of the acquisition of Ophir Energy in a recommended all cash offer valued at £408.4 million. Ophir’s assets are highly complementary to MedcoEnergi’s existing...
119 Gas Supply Projects Inaugurated, Commissioned by Rouhani
Iran >> 5/22/2019 - Following the visit of Iranian President Hassan Rouhani to West Azarbaijan Province, 119 gas supply projects worth about $14.8 million were started or inaugurated across the province, Shana reported o...
Gazprom Neft Develops Partnerships with Leading Cruise Operators
Russia >> 5/22/2019 - Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, has concluded new agreements with cruise operators Royal Caribbean International and Saga Cruises. Gazpromneft Marine Bunker...
Intermoor Wins 2 Mooring Installation Contracts from COOEC
China >> 5/21/2019 - InterMoor has signed a contract with COOEC, a subsidiary of China National Offshore Oil Corporation (CNOOC), to install deepwater mooring systems for the Liuhua 16-2 and Lingshui 17-2 floating product...
PETRONAS Floating LNG Satu Achieves Its First LNG Drop Post Relocation
Malaysia >> 5/21/2019 - PETRONAS achieved its first liquefied natural gas (LNG) drop by its floating LNG facility, PETRONAS Floating LNG Satu (PFLNG Satu) at the Kebabangan cluster field, 90 kilometres offshore Sabah, recent...
Gazprom & OMV Discuss Gas Supplies & Nord Stream 2
Russia >> 5/21/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the Executive Board of OMV, took place in Moscow today. ...
PMP Selects LyondellBasell’s Spheripol Technology for New Polypropylene Plant in Vietnam
Vietnam >> 5/21/2019 - LyondellBasell (LYB) announced that Phu My Plastics Production JSC. (PMP) has selected the Spheripol polypropylene process technology for a 300 KTA plant in Vietnam. ...
Novatek & TechnipFMC Sign EPC Contract for Arctic LNG 2 Plant
Novatek & TechnipFMC Sign EPC Contract for Arctic LNG 2 Plant Russia >> 5/20/2019 - NOVATEK has announced that its joint venture Arctic LNG 2 and TechnipFMC signed a contract on engineering, procurement, supply, construction and commissioning of an integrated liquefied natural gas fa...
Gazprom Neft Improves Efficiency in Sales of Marine Fuels in Q1 2019
Russia >> 5/20/2019 - Gazpromneft Marine Bunker, operator of the Gazprom Neft bunkering business, achieved sales of approximately 800,000 tonnes of marine fuels in Q1 2019, a 25-percentincrease year-on-year, with the compa...
Block Energy Completes Placing to Raise GBP 12 Million
Georgia >> 5/17/2019 - AIM-listed Block Energy, the exploration and production company focused on the Republic of Georgia, has completed a placing of 109,090,000 new Ordinary Shares, raising approx. £12 million (before expe...
Gazprom Discovers Two New Fields Containing over 500 Billion Cubic Meters of Gas
Russia >> 5/17/2019 - The Federal Agency for Mineral Resources approved the expert opinions of the State Reserves Commission with regard to the discovery by Gazprom of new hydrocarbon fields on the shelf of the Yamal Penin...
EnscoRowan Awarded USD 180 Million by Arbitration Tribunal
South Korea >> 5/17/2019 - EnscoRowan has announced that an arbitration tribunal has awarded the Company $180 million in damages in its proceedings againstSamsung Heavy Industries, a shipyard in South Korea ('SHI'). Further, th...
Santos P'nyang Farm-in Advances PNG LNG Expansion
Papua-New Guinea >> 5/16/2019 - Santos today announced an important milestone towards expansion of the PNG LNG plant by signing a binding letter of intent to acquire a 14.3% interest (pre-government back-in) in Petroleum Retention L...
Empyrean Energy Provides Update on Jade and Topaz Prospects, offshore China Block 29/11
China >> 5/15/2019 - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has advised that comprehensive analysis of the excellent quality 3D seismic data, acquire...
MHPS Receives Order for Two H-25 Gas Turbines for Major Chinese Paper Firm
China >> 5/15/2019 - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has received an order for two H-25 gas turbines from Lee & Man Paper Manufacturing Ltd., a major Chinese paper manufacturing company, for a factory at its...
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier "BUSHU MARU"
Japan >> 5/15/2019 - Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening ceremony on May 14th for a next-generation LNG (liquefied natural ga...
Subsidiaries of Marubeni Corporation to Merge to Strengthen Network Solution Sector
Japan >> 5/15/2019 - Marubeni Corporation (Marubeni”) hereby announces a merger (hereinafter, “this Merger”) of two Marubeni subsidiaries: Marubeni Wireless Communications Inc. (hereinafter, “MWC”) and Marubeni Network ...
Messoyakhaneftegaz Produces Its 10-Millionth Tonne of Oil
Russia >> 5/15/2019 - Messoyakhaneftegaz, a Gazprom Neft—Rosneft joint venture, has produced its 10-millionth tonne of oil — this figure having been reached in less than three years of the Vostochno-Messoyakhskoye field go...
Sparrows Group Selected J. S. Technical Services as Sole Agent in Thailand
Thailand >> 5/15/2019 - Sparrows Group has selected Thai service and supply company J. S. Technical Services Co., Ltd. (JST) to act as their sole agent in the Kingdom. ...
Topaz Installs FUELTRAX EFMS for Advanced Fuel Data Reporting
Azerbaijan >> 5/14/2019 - Topaz Energy and Marine (“Topaz”), a leading offshore energy logistics company, is partnering with FUELTRAX, a market-leading smart, real-time marine fuel management solution, on advanced fuel trackin...
McDermott Awarded Polypropylene Technology Contract in India
India >> 5/13/2019 - McDermott International, Inc. (MDR) has been awarded a sizeable technology contract by Chennai Petroleum Corporation Limited (CPCL), a group company of IndianOil, for the license, basic engineering de...
"HAKURYU-5" Started its Drilling Operation in Vietnam
Vietnam >> 5/13/2019 - The semi-submersible drilling rig "HAKURYU-5"?has started the drilling operation based on the contract with Rosneft Vietnam B.V. on May 12 2019 at offshore Vung Tau, Vietnam.
India to Receive Millions of Barrels of Iranian Oil within a Month
India >> 5/11/2019 - Indian refiners are about to get two very large crude carriers carrying 4 million barrels of Iranian oil this month - one each at Paradip in the east and Kochi in the west, Reuters reported. ...
China's Iran Oil Imports Grow to Eight-Month High
Iran >> 5/11/2019 - China’s oil imports from Iran climbed to the highest in eight months in April which saw countries stock on Iranian crude before exemptions from US sanctions expired, new tanker data shows. ...
5 Platforms to Be Operational This Year
Iran >> 5/11/2019 - Managing director of Pars Oil and Gas Company (POGC) announced that 5 decks are installed and operated by the end of the current Iranian calendar year (March 20, 2020) saying that over 60 million cubi...
Completion of the Acquisition of Two Jack-Up Rigs
China >> 5/9/2019 - Reference is made to the announcement by Shelf Drilling, Ltd. ("Shelf Drilling" or the "Company", OSE ticker code "SHLF", and together with its direct and indirect subsidiaries the "Group") on 21 Feb...
Exillon Energy's April Production Report
Russia >> 5/9/2019 - Exillon Energy plc (Exillon Energy), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleased to ann...
Sonoro Energy Awarded Selat Panjang PSC
Indonesia >> 5/8/2019 - Sonoro Energy has announced that along with its Indonesian partner Menara Global Energi, an affiliate of a substantial Indonesian company, it has been awarded the Selat Panjang PSC in the 2019 Convent...
"HAKURYU-11"Started its Drilling Operation in Indonesia
Indonesia >> 5/7/2019 - The jack-up drilling rig "HAKURYU-11" has started the drilling operation based on the contract with Premier Oil Natuna Sea B.V. on April 26th 2019 at offshore Natuna, the Republic of Indonesia.
Lukoil’s Arctic Oil Spill Response Technology Gets State Expert Approval
Russia >> 5/7/2019 - State Expert Review Agency approved of LUKOIL's oil spill response technology. Based on the use of absorbents and biotechnologies, the company's new development is designed specifically for marine and...
IOOC Hails Private Sector Participation in Offshore Projects
Iran >> 5/5/2019 - The Iranian Offshore Oil Company (IOOC) CEO said that his company had already outsourced 60 percent of its operations to the private sector and would welcome their partnership in future projects. ...
Domestically Manufactured 316 Oil Equipment Items by KOGPC in Year to March 2019
Iran >> 5/4/2019 - Karoon Oil and Gas Production Company (KOGPC) produced 316 items of its required oil industry equipment and spare parts in the year to March 2019, using domestic experts and technology, said the compa...
PEDEC Responsible for Developing Iran’s Oilfields
Iran >> 5/3/2019 - The CEO of Petroleum Engineering and Development Company (PEDEC),Touraj Dehghani, in a press conference which was held in sidelines of the 24th int’l oil show on Friday (3May) commenting on PEDEC’s pe...
Determination of Farzad Gas Field by Next Three Months
Iran >> 5/3/2019 - The deputy CEO of National Iranian Oil Company (NIOC) for engineering and development affairs announced that Farzad A and B gas field will be determined by the next three months saying that serious ta...
BMT Secures New Contract with Shell’s Platforms Offshore Malaysia
Malaysia >> 5/3/2019 - Sabah Shell Petroleum Company Ltd, a subsidiary of Royal Dutch Shell, has signed an offshore Master Service Agreement (MSA) with BMT. The three-year agreement will see BMT provide maintenance oil and ...
South Pars Achievements & Investment Opportunities Introduced in 24th Petroleum Exhibition
Iran >> 5/2/2019 - South pars achievements and investment opportunities introduced in 24th international petroleum exhibition Pars Oil and Gas Company (POGC) attended the 24th international petroleum exhibition as Sout...
Pavilion Energy Pioneers Singapore’s Commercial Ship-to-Ship LNG Bunkering Capability
Singapore >> 5/2/2019 - Pavilion Energy has performed the first commercial ship-to-ship LNG bunkering in the Port of Singapore. The operation, the first of such in Singapore, comprised a reload of 2,000m3 of LNG onto a small...
New Rig to Start Drilling Onshore Azerbaijan Soon
Azerbaijan >> 5/1/2019 - Canada's Zenith Energy, which is the operator for development of Muradkhanli-Jafarli-Zardab block of oil fields onshore Azerbaijan, will start the drilling campaign with the new BD-260 drilling rig so...
The 24th Iran Int’l Oil Exhibition Inagurates
Iran >> 5/1/2019 - The 24th Iran International Oil, Gas, Refining and Petrochemical Exhibition (Iran Oil Show-2019) officially opened with the presence of Petroleum ministry of Iran Bijan Zangeneh in the international ...
Russian Motorists Choose Gazprom Neft Filling Station Network More Often Than Any Other
Russia >> 4/30/2019 - Data from market research company Ipsos Comcon has shown the Gazprom Neft network to be the most popular filling station brand in 2018. In response to the question “Do you have a favourite filling sta...
Solitaire Starts Laying the Nord Stream 2 Pipeline in Russian Waters
Russia >> 4/30/2019 - Pipelay vessel Solitaire started laying the first line of the Nord Stream 2 twin gas pipeline in Russian waters. Solitaire will spend about a month constructing one of the two approx. 100 km long sect...
Nord Stream 2 Files Appeal Against the Decision of the Danish Energy Agency
Russia >> 4/30/2019 - On 17 April 2019 Nord Stream 2 filed an appeal against the 26 March decision of the Danish Energy Agency (DEA) related to the North-western permit application requesting the company to investigate and...
Coro Energy's Duyung PSC 2019 Drilling Programme Approved
Indonesia >> 4/29/2019 - Coro Energy has announced that the Duyung partners have agreed the upcoming drilling programme in the Duyung Production Sharing Contract ('PSC') in the West Natuna basin, offshore Indonesia which cont...
Exillon Energy’s March Production Report
Russia >> 4/29/2019 - Exillon Energy plc (Exillon Energy) (EXI.LN), a London Premium listed oil producer with assets in two oil-rich regions of Russia, Timan-Pechora ("Exillon TP") and West Siberia ("Exillon WS"), is pleas...
Jadestone Energy Announces Heads of Agreement for Vietnam Gas Sales
Vietnam >> 4/29/2019 - Jadestone Energy has announced that two of its wholly-owned subsidiaries have signed a Heads of Agreement ('HOA') with Petrovietnam, relating to gas sales from the Nam Du and U Minh gas fields (Jadest...
Keppel Delivers ENSCO 123 Jackup to EnscoRowan
Singapore >> 4/26/2019 - Keppel Offshore & Marine Ltd's (Keppel O&M) wholly-owned subsidiary Keppel FELS Ltd (Keppel FELS) has delivered ENSCO 123 to Ensco Rowan plc (EnscoRowan) on schedule and with zero lost-time incidents....
Gazprom & CNPC Discuss Pipeline Gas Supplies to China
China >> 4/25/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Wang Yilin, Chairman of the Board of Directors of CNPC, took place today in Beijing, China. ...
Air Liquide & Houpu Create JV to Develop the Hydrogen Distribution Infrastructure in China
China >> 4/25/2019 - Air Liquide and Chengdu Huaqi Houpu Holding co., Ltd ("Houpu"), finalized the creation of a joint venture for the development, production and distribution of hydrogen refilling stations for Fuel Cell ...
NOVATEK Signs Arctic LNG 2 Agreements with CNOOC and CNODC
Russia >> 4/25/2019 - NOVATEK announced at the Second Belt and Road Forum for International Cooperation that NOVATEK and CNOOC Ltd have signed a binding agreement on the acquisition by CNOOC of a 10% participation interest...
AXENS Awarded Complete Residue Hydrocracking Solution Towards Naphtha Production
China >> 4/24/2019 - Shenghong Refining & Chemical (Lianyungang) Co., Ltd has selected Axens’ ebullated-bed residue hydrocracking technology H-Oil® for a capacity of 3,200,000 tons per year in combination with a 3,450,000...
CNOOC Signs Petroleum Contract with PetroChina
China >> 4/24/2019 - CNOOC Limited has announced that its subsidiary, CNOOC China Limited, has signed a Petroleum Contract with PetroChina for Beibu Gulf 23/29 Block and Beibu Gulf 24/11 Block. ...
Bumi Armada Refinances Corporate Debt
Malaysia >> 4/24/2019 - Malaysia-based international offshore energy facilities and services provider Bumi Armada has announced the signing of documentation related to its corporate debt refinancing. ...
Increase in Reserves for Licence 67 Following Drilling Success
Russia >> 4/24/2019 - AIM-listed PetroNeft Resources, an oil & gas exploration and production company, operating in the Tomsk Oblast, Russian Federation, and 50% owner and operator of Licences 61 and 67 (the remaining 50% ...
NOVATEK's Cryogas-Vysotsk JV Commenced Full-Scale LNG Production
Russia >> 4/24/2019 - NOVATEK has announced that its joint venture with Gazprombank Cryogas-Vysotsk has commenced full-scale production of liquefied natural gas (LNG). During the official ceremony at the port of Vysotsk, R...
The Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
Russia >> 4/24/2019 - A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
Omsk Refinery Delivers a Consignment of Needle Coke to Domestic Manufacturers
Russia >> 4/24/2019 - A consignment of needle coke (a valuable raw material for the metallurgy, nuclear, chemicals and space industries) has been produced at the Gazprom Neft Omsk Refinery — this initial pilot batch having...
Gazprom to Start Building Inter-Settlement Gas Pipeline to Vostochny Cosmodrome in Near Future
Russia >> 4/24/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Vasily Orlov, Governor of the Amur Region, took place today in Moscow. ...
Gazprom & VNG Discuss Development of Katharina UGS Facility and Sci-tech Cooperation
Russia >> 4/24/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ulf Heitmueller, Chairman of the Executive Board of Verbundnetz Gas (VNG), took place today in Moscow. ...
Alexey Miller & German Ambassador Ruediger von Fritsch Review Progress of Nord Stream 2 Project
Russia >> 4/24/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ruediger von Fritsch, Ambassador Extraordinary and Plenipotentiary of the Federal Republic of Germany to the ...
ExxonMobil Signs 20-Year LNG Agreement with Zhejiang Energy
China >> 4/23/2019 - ExxonMobil signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million met...
China Condemns US Plan to Stop Waivers for Iran Oil Imports
Iran >> 4/23/2019 - China has slammed US plans to tell it and other countries to stop buying Iranian oil or face sanctions, saying Beijing's cooperation with Tehran is in accordance with law. ...
Oil Output Rises at Doroud Offshore Oilfield
Iran >> 4/22/2019 - The Iranian Offshore Oil Company (IOOC) has increased oil production from Dorous offshore oilfield by launching Well D-6 in the field. ...
Mitsubishi Shipbuilding Holds Christening Ceremony for Next-Generation LNG Carrier
Japan >> 4/22/2019 - Mitsubishi Shipbuilding Co., Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Yokohama, held a christening ceremony on April 19 for the next-generation LNG (liquefied natural ...
Gazprom Neft Signs Social & Economic Cooperation Agreement for 2019–2021
Russia >> 4/22/2019 - Gazprom Neft has signed a further social and economic cooperation agreement with the Government of the Khanty-Mansi Autonomous Okrug-Yugra, with the document being signed by Gazprom Neft CEO Alexander...
Kovyktinskoye Field Right on Track for Commercial Production
Russia >> 4/22/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Sergey Levchenko, Governor of the Irkutsk Region, took place today in St. Petersburg. ...
Gazpromneft-Noyabrskneftegaz Produced Its Millionth Tonne of Oil at Otdalennaya Group of Fields
Russia >> 4/22/2019 - Gazpromnneft-Noyabrskneftegaz has obtained its millionth tonne of oil at the Otdalennaya group of fields. Most of this production has occurred at two multiple-well cluster pads at the Zapadno-Chatylk...
Qatar Petroleum Announces 10-year Naphtha Sale Agreement with Thailand SCG Chemicals
Thailand >> 4/21/2019 - Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 10-year sales agreement to supply Thailand’s SCG Chemicals with a total of 3 m...
PEDEC Cuts Oil Output in West Karoun Due to Environmental Concerns
Iran >> 4/20/2019 - The CEO of Petroleum Engineering and Development Company (PEDEC),Touraj Dehghani,said that a number of wells had been closed in flood- hit in the West Karoun joint oil fields due to environmental cons...
ACG Sanctions $6 billion Azeri Central East Development Project
Azerbaijan >> 4/19/2019 - ? Next stage of development of giant ACG field in Caspian Sea ...
Equinor Invests in New Platform in Azerbaijan
Azerbaijan >> 4/19/2019 - Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a USD 6 billion investment decision to build an additional platform in the license area. Th...
Gazprom Neft Reviews the Performance of its Investment Programme in 2018
Russia >> 4/19/2019 - The Gazprom Neft Board of Directors has reviewed information on the company’s budgetary and investment programme performance in 2018. ...
MHI Develops Demonstration Unit of the World's First Small-Capacity Residential Air-Conditioner
Japan >> 4/18/2019 - Premiering for the first time in the world, Mitsubishi Heavy Industries Thermal Systems, Ltd., a Group company of Mitsubishi Heavy Industries, Ltd. (MHI), is adopting R454C, a refrigerant with an extr...
Gazprom Neft & Roscosmos Outline Key Areas for Cooperation
Russia >> 4/18/2019 - Gazprom Neft and state corporation Roscosmos are investigating the possibility of leading businesses in the space industry becoming involved in addressing the technical challenges facing Russia’s fuel...
Gazprom & Shell Praise Sakhalin Energy
Russia >> 4/18/2019 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell, took place today in Moscow. ...
B.V. & Saipem Announce the Amicable Settlement of Mutual Differences
Russia >> 4/18/2019 - South Stream Transport B.V and SAIPEM S.p.A. have positively ended their negotiations signing an agreement to amicably settle the arbitration concerning the South Stream Offshore Pipeline Installation...
Fluor Completes Module Fabrication for Dongfang Gas Fields
China >> 4/17/2019 - Fluor Corporation (FLR) announced today that its joint venture COOEC-Fluor Heavy Industries Co., Ltd. (COOEC-Fluor) fabrication yard has completed the central and wellhead platforms for CNOOC’s Dongfa...
SKF Inaugurates Factory in Changshan, China
China >> 4/17/2019 - SKF has inaugurated its tapered roller bearing factory in Changshan, China. Following an investment of approximately SEK 200 million, the new factory will improve the Group’s competitiveness in the in...
Block Energy's West Rustavi Well 16a Continues to Produce at High Flow Rates
Georgia >> 4/17/2019 - Block Energy, the exploration and production company focused on the Republic of Georgia, has announced that well 16aZ at its West Rustavi field continues to produce, as the limits of crude oil storage...
Aramco Eyes up to 25% in RIL Refining & Ptrochemical Business
India >> 4/17/2019 - Saudi Aramco is in “serious discussions” to acquire a 25 percent stake in the refining and petrochemical businesses of India’s Reliance Industries, according to a report in the Times of India. Accordi...
Mitsui O.S.K. Lines Ltd. to Acquire Strategic Stake in Six Group Companies
Japan >> 4/17/2019 - Reliance Ethane Holding Pte. Ltd. (“REHPL”) (incorporated in Singapore, a wholly owned subsidiary of Reliance Industries Limited (“RIL”), having 100% holding in six limited liability companies (LLCs...
Keppel Secures Integration & Upgrading Contracts worth Around S$160 million
Singapore >> 4/17/2019 - Keppel Offshore & Marine Ltd (Keppel O&M) has through its wholly-owned subsidiaries, Keppel Shipyard Ltd (Keppel Shipyard) and Keppel FELS Limited (Keppel FELS), secured integration and upgrading cont...
KCA Deutag & SOCAR Wins $500 million BP Contract in Azerbaijan
KCA Deutag & SOCAR Wins $500 million BP Contract in Azerbaijan Azerbaijan >> 4/16/2019 - Turan Drilling & Engineering Company LLC (A KCA Deutag and SOCAR AQS Company) has been awarded its first contract, which is with BP Exploration (Caspian Sea) Limited (BP). ...
Gas Production Increased by 25% in First Quarter of 2019
Azerbaijan >> 4/16/2019 - • SOCAR commissioned its highest-capacity well drilled at Umid field; it will produce 900 million cubic meters of natural gas annually ...
LyondellBasell Grants 1100KTA Hostalen ACP Licensed Capacity to PetroChina
China >> 4/16/2019 - LyondellBasell (LYB), the world’s largest licensor of polyolefin technologies, today announced that PetroChina will use the LyondellBasell Hostalen “Advanced Cascade Process” (Hostalen ACP) technology...
Petro Matad Signs Rig Contracts for 2019 Drilling Program
Mongolia >> 4/16/2019 - Petro Matad Limited has signed contracts for two rigs for its upcoming 2019 four well drilling programme. ...
Gazprom Neft, Gazprombank, RVC & VEB Innovation Established Venture Fund
Russia >> 4/16/2019 - Gazprom Neft, Gazprombank, the Russian Venture Company (RVC) and VEB Innovation have established a venture fund, “New Industry Ventures”, focussing on investments in technology companies specialising ...
Gazprom Neft Begins Developing Achimov Strata & Oil-Rim Deposits
Russia >> 4/16/2019 - Gazprom Neft subsidiary Gazpromneft-Zapolyarye has concluded long-term risk-based operator agreements with Gazprom PJSC subsidiaries, allowing the company to start developing Achimov strata at the Yam...
SIBUR &TransContainer Sign Letter of Intent on Shipment of ZapSibNeftekhim Polymer Products
Russia >> 4/16/2019 - SIBUR Holding and TransContainer have entered into a letter of intent (LOI) outlining joint plans for transportation of polymer products across Russia and abroad. ...
Gazprom Neft Finishes Developing Its Novy Port-Project Arctic-Oil Logistics Strategy
Russia >> 4/16/2019 - Gazprom Neft’s development of a year-round logistics strategy for shipping and transporting oil from its Novy Port field is now complete — the final stage of the project, which has taken four years to...
Keppel Consortium Secures $52.5m Jurong Island Pipelines Project
Singapore >> 4/16/2019 - Pipenet Pte Ltd (Pipenet), a wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure), as a lead consortium partner together with Asia Projects Engineering Pte Ltd, ha...
PETRONAS to Acquire Asia's Leading Distributed Energy Solutions Provider
Malaysia >> 4/15/2019 - PETRONAS has entered into an agreement with I Squared Capital, a leading global infrastructure investor, to acquire 100% interest in Amplus Energy Solutions Pte Ltd, also known as M+, a leading Singap...
Nord Stream 2 Submits Third Application in Denmark – Despite Legal Reservations
Russia >> 4/15/2019 - More than two years after submitting its first application for a route through Danish waters, Nord Stream 2 has submitted a third application. The third application, together with the Environmental Im...
Keppel Completes First LNG Cargo Import from North America
Singapore >> 4/15/2019 - Keppel Gas Pte Ltd (Keppel Gas), a wholly-owned subsidiary of Keppel Infrastructure Holdings Pte Ltd (Keppel Infrastructure), has completed its first Liquefied Natural Gas (LNG) cargo import under Sin...
CNOOC Signs a PSC with Smart Oil
China >> 4/12/2019 - CNOOC Limited (CNU) announced that its parent company, China National Offshore Oil Corporation (CNOOC), has signed a production sharing contract (PSC) with Smart Oil Investment Ltd. (Smart Oil) for Bo...
Changes in Gazprom Staff & Structure
Russia >> 4/12/2019 - Kirill Seleznev has been relieved of his post as Head of Department 314 and Director General of Gazprom Mezhregiongaz due to the expiration of his contract. He has been appointed Director General of R...
Nidec ASI Selected to Supply High-Power Variable Speed Drive Systems for Artics LNG 2 Project
Russia >> 4/12/2019 - Nidec ASI, head of the Nidec Industrial Solutions business platform belonging to the Nidec Group, signed last month with Siemens Gas and Power, a multi-milion euro contract, for the supply of Variable...
MAT to Propose High-Precision Gear Manufacturing Systems
China >> 4/11/2019 - Mitsubishi Heavy Industries Machine Tool Co., Ltd. (MAT), a group company of Mitsubishi Heavy Industries, Ltd. (MHI) based in Japan, is ramping up its proposals of high-precision gear manufacturing sy...
1,000 Kilometres of the Nord Stream 2 Pipeline Laid
Russia >> 4/11/2019 - A total of 1,000 kilometres of the Nord Stream 2 gas pipeline has now been laid in Finnish, Swedish and German waters. ...
SOCAR Aviation to Supply Jet Fuel to Istanbul Airport
Azerbaijan >> 4/10/2019 - SOCAR Aviation, a subsidiary of SOCAR, the largest direct foreign investor in Turkey won a jet fuel tender announced by Istanbul Airport (?GA). Murat Erdo?an, Trading Manager of SOCAR Türkiye said the...
Shuttle Tanker Mikhail Ulyanov Loads 10-millionth tonne of Oil Produced at Prirazlomnaya Platform
Russia >> 4/10/2019 - The Arctic shuttle tanker Mikhail Ulyanov loaded the milestone 10-millionth tonne of commercial oil produced at Prirazlomnaya offshore platform in the Pechora Sea. This cargo of oil has become the 150...

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