Oil & Gas Companies News

New Office Opens in Kuala Lumpur
Saudi Arabia >> 11/11/2006 - Saudi Aramco executives Friday officially opened the new Aramco Overseas Company (AOC) office in Kuala Lumpur, Malaysia. The office will focus on the strategic sourcing of new companies involved in ma...
Petrofac Acquires 45% Interest in Chergui Concession, Tunisia
Tunisia >> 11/9/2006 - Petrofac announced that its Resources division has agreed to acquire a 45% interest in the Chergui concession, Tunisia, for a cash consideration of approximately US$30 million. Petrofac will be operat...
First Calgary Petroleums Ltd. Announces Gas Marketing Agreement Signed
Algeria >> 11/7/2006 - First Calgary Petroleums Ltd. has signed a long term Take or Pay Gas Marketing Agreement with Sonatrach, Algeria’s national oil company, covering Block 405b in Algeria’s Berkine Basin. Pursuant to the...
Iran to dispatch oil, petrochemical industry experts to China
Iran >> 11/6/2006 - Iran's Fund for Export Development of Oil Derivatives planned to dispatch a delegation of 30 experts in oil and petrochemical industry to Beijing and Hong Kong, Managing director of the fund Pedram So...
Petro-Canada Acquires Long-Life Gas Assets in Syria
Syria >> 11/1/2006 - Petro-Canada has completed an agreement with a wholly-owned subsidiary of Marathon Oil Corporation to purchase a 90% interest in Marathon’s production sharing contract (PSC) in the Ash Shaer and Cherr...
Aramco Board Approves Expansion Plans
Saudi Arabia >> 10/18/2006 - Saudi Aramco's Board of Directors gave its resounding support to the company's budget and expansion plans when it met recently in Dhahran under the chairmanship of Ali I. Al-Naimi, Minister of Petrole...
Total reaches 48.83% of Cepsa
France >> 10/16/2006 - After approval on October 13, 2006 by the European Commission, Banco Santander Central Hispano sold 4.35% of Cepsa’s share capital to Total at a price of €4.54 per share, for a total transaction amoun...
Japan Min: Inpex Likely to Lose Part of Iran Stake
Iran >> 10/6/2006 - Japan's trade minister said it is likely a state-designated oil development company will lose part of its stake in a US$2 billion project to develop Iran's Azadegan oil field, a news report said Frida...
Japan's Inpex To Cut Iran Oil Field Stake To 10%
Iran >> 10/6/2006 - Japanese oil development company Inpex Holdings Inc. will greatly reduce its stake in Iran's Azadegan oil field due to slow progress in removing land mines from the area, officials said. Inpex will co...
Strategies for Mega Projects Outlined
Saudi Arabia >> 10/3/2006 - Saudi Aramco general manager of Area Projects Mohammad A. Al-Juwair said the company's ability to execute mega projects with consistently high quality comes from years of continuous learning from its ...
PA Resources Buys License in Congo
Congo >> 10/3/2006 - PA Resources AB has entered into a heads of agreement to acquire 85% interest in a Production Sharing Agreement in block Marine XIV offshore Congo, the informs that the up-front consideration for the ...
Qualified Cos For Libya’s 3rd Bidding Round of E & P Sharing Agreement
Libya >> 10/2/2006 - National Oil Corporation (NOC) has reached a decision, concerning the nomination of the qualified companies in the Third Bidding Round of Exploration and Production Sharing Agreement (EPSA). This deci...
Tullow Launches A$1.47B Bid for Hardman
Uganda >> 9/25/2006 - Tullow reached agreement with Hardman Resources on the terms of a recommended scheme of arrangement to acquire all of the issued and to be issued ordinary shares in Hardman Resources.

Hi...
Iraqi Govt Won't Recognize Kurdistan Oil Contracts
Iraq >> 9/25/2006 - Iraqi Oil Minister Hussein al-Shahristani said that the federal government in Baghdad won't recognize oil contracts signed recently by officials of the Kurdistan Regional Government. "The (oil) minis...
Hyperdynamics Completes Negotiations for New Contract with Guinea
Guinea >> 9/19/2006 - Hyperdynamics Corp. has completed negotiations for a new production sharing agreement and has realized major progress working through the democratic process in Guinea. Recently, the new Minister of th...
Iran Likely to Sign Deal With Sinopec on Yadavaran Oil Field
Iran >> 9/16/2006 - Sinopec may soon sign a deal with Iran to develop the huge Yadavaran oil field in southern Iran, SSN said. Sinopec will hold a 51 percent interest in Yadavaran, one of the largest untapped oil fields ...
BP and Gazprom Announce LNG Supply Deal
United Kingdom >> 9/13/2006 - BP and Gazprom Marketing & Trading had reached an agreement for BP to supply a number of liquefied natural gas (LNG) cargoes which Gazprom Marketing & Trading will market in the Atlantic Basin. The ca...
Iraq Oil Min: Parliament Agrees To Form National Oil Co
Iraq >> 9/12/2006 - Iraq's planned hydrocarbons law is still being debated in parliament although the formation of a national oil company has been agreed upon, the country's oil minister said Tuesday.

"This i...
Deals Signed for Jubail Refinery
Saudi Arabia >> 8/23/2006 - A mere two months after signing a Memorandum of Understanding to develop the Jubail Export Refinery, Saudi Aramco and Total already have come together to sign the contract and get the ball rolling.
Plectrum Completes Acquisition of REAP Tunisia GmbH
Tunisia >> 8/16/2006 - Plectrum Petroleum has completed the acquisition of REAP Tunisia GmbH to gain a 50 per cent interest and the operatorship of the Nabeul block, offshore Tunisia. Under the terms of the agreement, Plect...

Camp Building Cleaning Equipment, Services Communication Corrosion Products/Services Development Exploration General Labor Services Land & Leasing Mine Clearance Oil & Gas Companies Production Service Companies Skilled Labors Transportation, 4X4 Trucks Utility Systems Water Supply Services Welding Products/Services
For Buyers
For Suppliers
Gulf Oil and Gas
Copyright © 2021 Universal Solutions All rights reserved. - Terms of Service - Privacy Policy.