Oil & Gas Companies News

Fugro and EMGS Marine EM Strategic Alliance
United Kingdom >> 4/24/2009 - Fugro N.V, the world’s leading geotechnical, survey and geoscience company, today announced that it has entered into a global cooperation agreement with Electromagnetic Geoservices ASA (EMGS), the mar...
Cobalt and Sonangol Partnership
Mexico >> 4/22/2009 - Cobalt International Energy, L.P. and Sonangol, E.P. jointly announced the formation of a major partnership in the deepwater Gulf of Mexico and the deepwater offshore Angola. Cobalt will assign 25% of...
Universal Signs Co-Operative Agreement with National Petroleum Corporation of Namibia
Namibia >> 4/14/2009 - Universal Power Corp. is pleased to announce that it has entered into a co-operative agreement by way of a Memorandum of Understanding (the “MOU”) dated April 3, 2009 with The National Petroleum Corpo...
Sale of Exploration Assets in Oman
Oman >> 4/14/2009 - Indago Petroleum Limited announces that RAK Petroleum Oman Limited, a wholly owned subsidiary of RAK Petroleum PCL ("RAK Petroleum"), has acquired Indago's wholly owned subsidiaries holding approximat...
Heritage Announces the Sale of its Oman Holdings for US$28 Million
Oman >> 4/8/2009 - Heritage Oil Limited, an independent upstream exploration and production company, announces that it has completed the sale of Eagle Energy (Oman) Limited ("Eagle Energy"), a wholly-owned subsidiary of...
Spectra Energy Partners to Acquire Ozark Gas Transmission and Ozark Gas Gathering Systems
United States >> 4/8/2009 - Spectra Energy Partners, LP announced it has entered into a definitive agreement with Atlas Pipeline Partners, L.P. to acquire all of the ownership interests of NOARK Pipeline System, Limited Partners...
Hyperdynamics Sells Oil Assets to Improve Liquidity
United States >> 4/7/2009 - Hyperdynamics Corporation announced that, as part of its plan for improved liquidity, it has succeeded in selling its oil assets in Louisiana. On April 1, 2009 the company entered into an agreement wi...
Eni Signs New Strategic Cooperation Agreements with Gazprom in the Energy Field
Russia >> 4/7/2009 - In the presence of the Prime Minister of Russian Federation, Vladimir Putin, Eni and Gazprom signed significant agreements representing a further step in fostering strategic cooperation between Italy ...
Dno International Asa - Assignments - Production Sharing Contracts (Psc)
Iraq >> 4/6/2009 - DNO has been advised by the Kurdistan Regional Government (KRG) that it has completed the assignment of a 25% Third Party Interest in the Tawke Production Sharing Contract (PSC) to Genel Enerji. This ...
TNK-BP Will Invest $1 Billion by 2012 into Development of the Samotlor Field
Russia >> 4/3/2009 - The Russian-British company TNK-BP is going to invest $1 billion by 2012 into development of the Samotlor field for maintaining oil production in it at the level of 30 million tons. ...
Iran, Syria Sign Oil, Gas Cooperation Deal
Iran >> 4/3/2009 - Iran and Syria on Thursday signed an oil and gas cooperation deal,The agreement, endorsed by Iran's Oil Minister Gholam Hossein Nozari and his Syrian counterpart Sofyan al-Alaw, envisions cooperation ...
Chevron Completes Sale of Marketing Businesses in Uganda
Uganda >> 4/1/2009 - Chevron Corporation announced that its subsidiary Chevron Africa Holdings Ltd. completed the sale of 100 percent of its shareholding in Chevron Uganda Ltd. to Total Uganda Ltd. (Total). Chevron announ...
Total Signs a 20-Year Extension for Its Participation in the UAE's Gasco
United Arab Emirates >> 4/1/2009 - Total announces that it has signed agreements for a 20-year extension of its 15% participation in Abu Dhabi Gas Industries Limited Company ("Gasco"), alongside the Abu Dhabi National Oil Company ("Adn...
Vanco and LUKOIL Sign New Petroleum Agreement in Ghana
Ghana >> 4/1/2009 - The Government of the Republic of Ghana, the Ghana National Petroleum Corporation (GNPC), Vanco Ghana Ltd. and LUKOIL Overseas Ghana Ltd., signed a new Petroleum Agreement, covering the Cape Three Poi...
Continental Energy Firms Up Bengara-II Block 2009 Work Plans
Indonesia >> 3/31/2009 - Continental Energy Corporation today announced that it has received approval from the Indonesian government for an extension of additional time under the Bengara-II PSC until 4 December 2011 to more f...
Sistema Acquires Controlling Stakes in Bashkir Oil and Energy Group
Russia >> 3/30/2009 - Sistema, the largest diversified public corporation in Russia and the CIS, which manages fast growing companies operating in the telecommunications, consumer services sectors and technology industries...
Shell And FAR Reach Agreement on Senegal
Senegal >> 3/25/2009 - First Australian Resources (FAR) has executed an Agreement with Shell Exploration Company B.V. (Shell) to conduct an exploration programme in respect of Sangomar Offshore, Rufisque Offshore and Sangom...
AWE to Expand into Vietnamese Oil Exploration Activities
Vietnam >> 3/23/2009 - Australian Worldwide Exploration Limited (“AWE”) is pleased to announce that it has entered an agreement to earn a 23.33% interest in Block 06/94 in the Nam Con Son Basin in offshore Vietnam. ...
Chevron Completes Sale of Fuel Marketing Businesses in Nigeria
Nigeria >> 3/20/2009 - Chevron Corporation announced that its subsidiary, Chevron Africa Holdings Limited, has completed the sale of Chevron Nigeria Holdings Limited to Corlay Global S.A, a Panamanian company owned by an Af...
PTTEP Withdraws from Merangin 1 Project in Indonesia
Indonesia >> 3/17/2009 - PTT Exploration and Production Public Company Limited (PTTEP) wishes to announce that PTTEP has reviewed the company’s exploration project portfolio in accordance with the company’s strategy under the...

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