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Oil & Gas Companies News

ERHC Seeks Clarification from Joint Ministerial Council of the Nigeria-Sao Tome and Principe (JDA)
Nigeria >> 9/8/2008 - ERHC Energy is seeking the reaffirmation of government officials regarding the Company’s rights in Joint Development Zone (JDZ) Blocks 5 and 6. In May 2005, the Nigeria-Sao Tomé and Principe Joint Dev...
ROC Announces Settlement of Dispute With Pioneer Natural Resources
Equatorial Guinea >> 9/5/2008 - ROC advised that Roc Oil (Equatorial Guinea) Company and its co-venturers Atlas Petroleum International Limited and Osborne Resources Limited entered into an agreement to settle the dispute with Pione...
Gazprom and Nigerian National Petroleum Corporation sign Memorandum of Understanding
Nigeria >> 9/3/2008 - Today Alexey Miller, Chairman of the Gazprom Management Committee and Abubakar Yar'Adua, Group Managing Director of the Nigerian National Petroleum Corporation signed a Memorandum of Understanding at ...
Signing of agreement for Modifying area 47’s Boundary
Libya >> 9/3/2008 - On Wednesday 03/09/2008 the national Oil Corporation signed an agreement to Modify the contract area Boundary of area (47) in Ghadames basin with the consortium consisting of Verenex energy company an...
Addax Petroleum Announces Acquisition in Gabon
Gabon >> 9/2/2008 - Addax Petroleum Corporation announced that it has acquired a 50 per cent interest in the Gryphon Marin license area subject to final Government of Gabon approval. Addax Petroleum will become operator...
Mubadala and Petrofac Establish a New Joint Venture
United Arab Emirates >> 9/1/2008 - Petrofac Limited and Mubadala Petroleum Services Company (MPSC) announced their plans to establish a joint venture company, Petrofac Emirates LLC. Based in Abu Dhabi and scheduled to begin operation w...
Serica Energy Completes Kambuna Sale in Indonesia
Indonesia >> 8/29/2008 - Serica Energy announced that it has completed the sale of a 15% interest in the Glagah-Kambuna Technical Assistance Contract (the Kambuna TAC) offshore Sumatra, Indonesia, to a subsidiary of Salamande...
Lukoil, ConocoPhillips’ Yuzhno Khylchuyu (YK) Field Production Begins
Russia >> 8/28/2008 - OAO Lukoil President Vagit Alekperov and ConocoPhillips Chairman and CEO Jim Mulva today participated in a special ceremony on the occasion of the startup of the Yuzhno Khylchuyu (YK) field located in...
Scorpion Offshore Receives Letter of Commitment for Offshore Freedom
Saudi Arabia >> 8/20/2008 - Scorpion International, through its Saudi Arabian venture partner, Odfjell Drilling Services LLC, received a letter of commitment for the Offshore Freedom for operations in the Arabian Gulf beginning ...
TransGlobe Acquires Additional Interest in West Gharib Properties
Egypt >> 8/18/2008 - TransGlobe Energy Corporation completed the acquisition of an additional 25 percent in certain leases on its West Gharib (Arab Republic of Egypt) properties from its partner, a private company registe...
Range Oil and Gas enters Oman Block 57
Oman >> 7/23/2008 - Range Metals announced that its wholly-owned subsidiary Range Oil and Gas entered into a Memorandum of Understanding (MOU) with Taqah Oil Exploration to farm in to exploration block 57 in Oman. Under ...
Midmar Energy Confirms Media Coverage on Iraq Joint Venture
Iraq >> 7/23/2008 - Midmar Energy confirmed that its associate company, Mesopotamia Petroleum Company, is in the advanced stages of discussion regarding the establishment of a joint venture with the Iraq Government owned...
AuDAX Acquires Kerkouane Permit Offshore Tunisia
Tunisia >> 7/23/2008 - AuDAX announced the acquisition of the large Kerkouane permit in offshore Tunisia has gone unconditional and has agreed with the vendor and its partner, Kairiki Energy Limited to close the acquisition...
Altona Resources Announces Extension of MoU With BP Australia
Australia >> 7/22/2008 - Altona Resources announced that its Memorandum of Understanding with BP Australia has been extended to 30 June 2009. The MOU is a non-binding agreement to work together in evaluating the development o...
Total signs an agreement with Libyan National Oil Corporation to renew NC115 and NC186 contracts
Libya >> 7/17/2008 - Total confirms that an agreement has been signed for Repsol operated blocks NC115 and NC186 with Libya's National Oil Corporation (NOC) in the Murzuq basin, onshore Libya, some 700 kilometres south of...
Addax Awarded Additional Interest in Deep Water Exploration License in Joint Development Zone
Nigeria >> 7/16/2008 - Addax Petroleum Corporation announced that it has been awarded an additional 7.2 percent participating interest in Block 4 of the Nigeria/Sao Tome and Principe Joint Development Zone (“JDZ”) by an ind...
EPNL Changes Its Name to TEPNG
Nigeria >> 7/14/2008 - The company has announced the formal change of its name from Elf Petroleum Nigeria Limited (EPNL) to Total E&P Nigeria Limited (TEPNG) with immediate effect. This follows an approval by the Federal Go...
Egyptian – Syrian Joint Talks in Oil and Gas Domains
Egypt >> 7/6/2008 - On 6/7/2008, Eng. Sameh Fahmi, Minister of Petroleum, and Eng. Sufian Al-Alaw, Syrian Minister of Petroleum and Mineral Resources, discussed, in Cairo, joint projects in oil and gas domains. They also...
Saudi Aramco and Sinopec Signed MOU
Saudi Arabia >> 7/2/2008 - Saudi Aramco and China Petrochemical Corporation (Sinopec Group) met in Dhahran to sign a Memorandum of Understanding (MOU) in a mutual effort to deepen the existing cooperation between the two compan...
Transmeridian Exploration Adds New Areas in Russia
Russia >> 7/2/2008 - Transmeridian Exploration Incorporated announced that it has strengthened its position in Russia's Dagestan region with its acquisition of both a second field and an undrilled anticline in trend with ...

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