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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...
ExxonMobil Invests $2b in Baytown Chemical Expansion Project
United States >> 5/2/2019 - ExxonMobil said today that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to 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. ...
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, 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 ...
Tendeka Reports Major Growth in North Sea Projects
United Kingdom >> 4/12/2019 - Independent global completions service company Tendeka has more than doubled its work in the UK offshore sector over the past 12 months. The growth in the UKCS has led the company to make a substantia...
Africa Oil Acquires Additional Shares of Eco (Atlantic) Oil and Gas
Canada >> 4/10/2019 - Africa Oil Corp. had acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas Ltd. ("Eco") for US$1.05 per common share for a total consideration of US$4,999,998. The common shares were acquired...
Saudi Aramco Attracts $100 Billion Demand for Bond Deal
Saudi Arabia >> 4/9/2019 - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which h...
HHI/DSME Merger a First Step Toward Regaining FPSO Market Share
United Kingdom >> 4/7/2019 - The offshore market is set for a bumper year with 83 greenfield FIDs expected, totalling $115 billion in infrastructure, equipment & associated drilling services. This includes $19.2bn on FPSO/FLNG aw...
Shell Plans to Invest $15Billion in Nigeria
Nigeria >> 4/6/2019 - Shell Petroleum Development Company of Nigeria Ltd (SPDC) plans to invest about $15 billion in oil and gas projects in Nigeria over the next five years. The projects earmarked for investment will incl...
Total Commits to Tellurian-led Driftwood LNG Project
United States >> 4/3/2019 - Total and Tellurian signed a series of agreements strengthening the partnership between the two companies to develop the Driftwood LNG project located in Louisiana, USA. ...
ExxonMobil Invests in Singapore Integrated Complex
Singapore >> 4/2/2019 - ExxonMobil has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude produc...
Keppel Acquires Stake in leading EV Battery Businesses for $50m
Singapore >> 4/1/2019 - Keppel Corporation Limited, through its wholly owned subsidiary KepVenture Pte Ltd (Keppel), has entered into an agreement with Envision AESC to invest US$50 million for a minority stake in Envision A...
Neptune Energy Announces Final Investment Decision for Seagull Project
United Kingdom >> 3/28/2019 - Neptune Energy and its joint venture partners BP and Japex have announced that the final investment decision for the Seagull oil project in the UK North Sea has been agreed. Seagull is expected to ini...
Board of Directors Reviews Progress of Major Investment Projects
Russia >> 3/19/2019 - The Gazprom Board of Directors expressed its approval the Company’s ongoing work on its major investment projects. One the Company’s current priorities is the Eastern Gas Program. ...
Williams & Canada Pension Plan Investment Board to form $3.8B
Canada >> 3/18/2019 - Williams announced a series of transactions that will establish a new platform for the optimization of its midstream operations in the western Marcellus and Utica basins through a long-term partnershi...
Bahamas Petroleum Announces Placing to Raise USD2.5 Million
Bahamas >> 3/15/2019 - Bahamas Petroleum, the oil and gas exploration company with a significant prospective resource in licences in The Commonwealth of The Bahamas, has announced that it has raised US$2.54 million before e...
German Companies Express Interest in Libyan Oil & Gas Sector
Libya >> 3/10/2019 - Chairman of National Oil Corporation (NOC), Eng. Mustafa Sanalla took part in the Libyan-German Economic Forum, held on March 8, 2019, in Tunis, alongside a number of other sovereign state institution...
New Investment for DEA in the Gulf of Suez
New Investment for DEA in the Gulf of Suez Egypt >> 3/7/2019 - DEA has extended its concessions for the Ras Budran and Zeit Bay oil fields in the Gulf of Suez. At a formal ceremony event, witnessed by H.E. Eng. Tarek El-Molla the Egyptian Minister of Petroleum an...
Pemex Partners to Invest $250m in Two Onshore Blocks in Mexico
Mexico >> 3/6/2019 - Two private partners of Mexico’s state-run oil company Pemex will invest a combined $250 million in two projects over the next four years as they aim to quickly ramp up crude output, according to plan...

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