Oil & Gas Companies News

Victoria Oil & Gas Updates on Kemerkol Legal Claim
Kazakhstan >> 3/16/2009 - The Board of Victoria Oil & Gas Plc, the AIM quoted oil and gas exploration company, is pleased to announce that the General Prosecutor of the Republic of Kazakhstan ("the General Prosecutor") has sup...
Verenex Continues to Seek Libyan Approvals for Acquisition by CNPCI
Libya >> 3/16/2009 - Verenex Energy Inc. reports that, as previously announced, the proposed acquisition of Verenex by a wholly-owned subsidiary of CNPC International Ltd. ("CNPCI") is subject to the consent of the Libyan...
Occidental and Mubadala Sign Interim Agreement for Bahrain Field Development
Bahrain >> 3/16/2009 - Occidental Petroleum Corporation and Mubadala Development Company (Mubadala), business development and investment company based in Abu Dhabi, announced that they have signed an Interim Agreement with ...
Max Petroleum Provides Strategic and Operational Update
Kazakhstan >> 3/12/2009 - Max Petroleum, an oil and gas exploration and development company focused on Kazakhstan, has announced an update to its strategic plan through the period ending 31 December 2010. ...
Plans for Developing 245-South Block in Algeria are Approved
Algeria >> 3/12/2009 - Algerian National Agency for the Valorisation of Hydrocarbons Resources ALNAFT has approved the plans for development of the fields of Eastern Takuazet, Western Takuazet and Northern Tesselit located ...
Enap Sipetrol S.A. Arranges the Sale of One of its Assets in Egypt for US$ 65.5 Million
Egypt >> 3/11/2009 - Enap Sipetrol S.A., a subsidiary of Empresa Nacional del Petróleo ENAP, reported that it had closed the sale of its whole participation (50%) in the North Bahariya oil block in Egypt’s western desert....
Addax Petroleum Secures Fifth Generation Drillship to Commence Deepwater After Exploration in 2009
Nigeria >> 3/11/2009 - Addax Petroleum Corporation today announces that it has signed an agreement with a subsidiary of Transocean for the provision and operation of the Deepwater Pathfinder drillship to commence its deepwa...
Gazprom and MFB sign Cooperation Agreement within South Stream project
Russia >> 3/10/2009 - Today in the Russian Government Reception House Chairman of the Gazprom Management Committee Alexey Miller and President of MFB (Hungarian Development Bank) Dr. Janos Eros signed in the presence of Ru...
Galoc Oil Field Produces One Million Barrels
Philippines >> 3/9/2009 - Otto Energy is pleased to announce that the Galoc Field has produced its first million barrels oil. ...
Pacific Asia Petroleum Inc. Signs Expanded China Oil Production and Technology Acquisition Agreement
China >> 3/2/2009 - Pacific Asia Petroleum, Inc., a U.S. publicly-traded company, announced today that it has signed a comprehensive Amended & Restated Agreement on Cooperation with Well Lead Group Limited (“Well Lead”) ...
Tethys Petroleum Limited: Uzbekistan Oil Production Project Acquired
Uzbekistan >> 2/27/2009 - Tethys Petroleum Limited today announced its 100% subsidiary, Tethyda Limited, has signed an agreement, which is subject to certain regulatory requirements, corporate approvals and additional conditio...
Total Signs Exploration, Sharing Agreement with SOCAR for the Absheron Block in Azerbaijan
Azerbaijan >> 2/27/2009 - Total announces today that it has signed an agreement with Azerbaijan’s state-owned SOCAR. The exploration, development and production sharing agreement (EDPSA) covers a license on the Absheron offsho...
Adelphi Announces Sale of Yemen Block 7 Interest
Yemen >> 2/27/2009 - Adelphi Energy Limited is pleased to advise that it has entered into a Sale and Purchase Agreement (SPA) with Mitsui E&P Middle East B.V, (MEPME) for the sale of Adelphi’s 8.5% interest in Block 7 in ...
Iraqi Government Signs Oil Services Joint Venture Agreement with The UK's Mesopotamia Petroleum
Iraq >> 2/26/2009 - The Iraqi Government and Mesopotamia Petroleum Company Limited (MPC) are pleased to announce that they have signed today a joint venture agreement between MPC and the Iraqi Drilling Company (IDC), the...
NNPC Signs Modified Carry Agreement With IOC’s
Nigeria >> 2/24/2009 - The Nigerian National Petroleum Corporation (NNPC) signed a ``Modified Carry Agreement’’ to the tune of $1.69 billion with Shell Petroleum development Company, (SPDC), TOTAL and Nigeria Agip Oil Compa...
SLP's Response to Maersk Oil Qatar Arbitration
Qatar >> 2/23/2009 - SLP corporate policy is to treat all matters relating to dealings with customers on a strictly confidential basis and not to release such information into the public domain. ...
Sonatrach to Supply Gas for Sorfert Company
Algeria >> 2/22/2009 - Sonatrach and Sorfert Algeria on Sunday 22 February 2009, at the headquarters of the Directorate General of Sonatrach in the presence of Mr. Chakib Khelil, Minister of Energy and Mines, and Ambassador...
Providence Announces Commerciality of AJE
Nigeria >> 2/19/2009 - Providence Resources P.l.c., the London (AIM) and Dublin (IEX) listed oil and gas exploration and Production Company, is pleased to confirm that the Aje Field, in OML113, offshore Nigeria has been dee...
E.ON Ruhrgas Acquires 29 % Interest in Exploration Licence Offshore Egypt
Egypt >> 2/18/2009 - German gas market leader E.ON Ruhrgas has acquired a 29 % interest in the NW Demiatta exploration licence from Shell Egypt N.V. The licence is operated by Shell Egypt N.V. (61 %) and the additional pa...
Sea Dragon to Acquire Offshore Producing Concession in Gulf of Suez
Egypt >> 2/17/2009 - Sea Dragon has entered into a letter of intent for an exclusive period with Dover Investments Limited to acquire, subject to applicable governmental approvals, the Ras El Ush concession which is situa...

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