Oil & Gas Companies News

ONGC Signs Mou with Weatherford For Enhancing the Production From Their Matured Fields
India >> 2/16/2009 - ONGC has entered into a Strategic Alliance with M/s Weatherford, a leading international oilfield service provider. MoU was signed by Mr. A.K. Hazarika, Director (Onshore), ONGC and Mr. Keith Morley, ...
EnerGulf Provides Update on DRC Project
Congo, Democratic Republic (Zaire) >> 2/13/2009 - EnerGulf is pleased to announce, that it signed the Joint Operating Agreement (JOA) with COHYDRO, the national oil and gas company of the Democratic Republic of Congo (“DRC”), setting out the various ...
Seabird Awarded Agbami Field Node Survey by Chevron
Nigeria >> 2/13/2009 - SeaBird Exploration Limited together with their local partners Sonar Limited are pleased to announce the execution of a Letter of Commitment with Star Deepwater Petroleum Limited, an affiliate of Chev...
Total Signs Agreement with Libya’s NOC to Renew EPSAs for Blocks C17 and C137
Libya >> 2/10/2009 - Total today announces the signature of a MOU with Libya’s National Oil Corporation (NOC) converting the existing Petroleum Contracts covering the Blocks C17 and C137, operated by its subsidiary Mabruk...
RWE Dea Swaps Egypt Upstream Acreage with El Paso
Egypt >> 2/10/2009 - RWE Dea AG, Hamburg, and El Paso Exploration and Production Company, Houston (USA), have entered into an agreement to exchange interests in adjoining exploration acreage holdings in Egypt.
Oman Eyes Oil Output Boost for 2nd Year in 2009
Oman >> 2/9/2009 - Gulf Arab producer Oman aims to boost total oil output for the second consecutive year in 2009 after halting a six-year production decline from ageing field last year, a top official said. ...
Eni Signs Three Agreements with Angola's Sonangol
Angola >> 2/9/2009 - Eni has signed the first three agreements pertaining to the Memorandum of Understanding jointly signed in August 2008 with Angola's state oil company Sonangol. The MoU set out the principles and objec...
Shelton Provides Operational Update on Well No.307 Lelyaki Field Ukraine
Ukraine >> 2/5/2009 - Shelton Canada Corp. is pleased to provide an operational update on its projects in Ukraine. Kashtan Petroleum Joint Venture - Lelyaki Oil Field: Well No.307 has been cased for production and well com...
Africa Oil Acquires Major East African Oil Exploration Portfolio
Kenya >> 2/4/2009 - Africa Oil Corp. is pleased to announce that it has signed a Share Purchase Agreement to acquire a large portfolio of East African oil exploration projects from Lundin Petroleum AB. The projects are l...
Toreador Resources and Petrol Ofisi Reach Revised Agreement on Sale of Black Sea Assets
Turkey >> 2/3/2009 - Toreador Resources Corporation announced today that it has agreed to revise terms for the sale to Petrol Ofisi of a 26.75% interest in the South Akcakoca Sub-Basin project and associated licenses ("SA...
Oilex Announces Company's First Production From Cambay Oil Field, India
India >> 2/2/2009 - Australian-based oil & gas group Oilex Ltd has formally marked its transition to cash flow and production by delivering a strong December Quarter performance, today announcing it has started oil produ...
Bahrain and Shell Agree to Study Gas Supply, Imports
Bahrain >> 2/2/2009 - Bahrain and Royal Dutch Shell on Monday signed an agreement to study gas imports to meet the kingdom's growing demand. Bahrain, like its Gulf Arab neighbors, saw demand for natural gas rise rapidly as...
Regular Meeting of Gazprom Board of Directors to Take Place February 4
Russia >> 1/27/2009 - A regular meeting of the Gazprom Board of Directors will take place on February 4, at 3:00pm Moscow time. The meeting agenda is scheduled to include the following items:
- On Gazprom’s annual G...
Update on OPL 321 and OPL 323
Nigeria >> 1/26/2009 - Equator Exploration Limited would like to update shareholders on recent events regarding the status of OPL 321 and OPL 323.

BACKGROUND
In the Nigerian 2005 bid ...
Gazprom’s Delegation Participates in Meeting Between Presidents of Russia and Uzbekistan
Uzbekistan >> 1/23/2009 - Today in Tashkent, as part of the state visit by the Russian President Dmitry Medvedev to the Republic of Uzbekistan, Alexey Miller, Chairman of the Gazprom Management Committee took part in the meeti...
Arawak Resumes Oil Production in Kazakhstan
Kazakhstan >> 1/22/2009 - Arawak Energy Limited, an oil and gas exploration and production company, announces that it is resuming oil production at its four operated fields in Kazakhstan. Arawak announced on 5 December 2008 th...
Lundin Petroleum Increases Reserves By 26%
Sweden >> 1/20/2009 - Lundin Petroleum AB is pleased to announce that as at 1 January 2009 its net proven and probable working interest reserves increased to 217.5 million barrels of oil equivalent (mmboe) which equates to...
Gazprom and Naftogaz Prepare Gas Transit Agreement on Gas Deliveries to Ukraine For Signing
Russia >> 1/18/2009 - “According to the agreements reached by the heads of governments of Russia and Ukraine last night, OAO Gazprom and NAK Naftogaz are preparing the gas transit agreement and a contract on gas supplies f...
Ukraine Again Refuses to Secure Russian Gas Transit to Europe
Ukraine >> 1/17/2009 - Gazprom sent another request to the Naftogaz Ukrainy United Dispatching Center (ODU) for the transit of 99.2 million cubic meters of gas a day starting from 10.00 via the Sudja gas metering station. F...
Landmark Agreement Signed by Dubai World and Federal Republic of Nigeria
Nigeria >> 1/17/2009 - Dubai World, one of the largest holding companies in the world, announced that it has signed a far-reaching cooperation agreement with the Government of the Federal Republic of Nigeria for investment ...

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