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Kenya Signs Milestone Crude Processing Deal with Oil Firms
Kenya >> 6/25/2019 - The Kenyan government has signed agreements with oil major Total, Tullow Oil and Africa Oil Corp to develop a 60,000-80,000 barrels per day crude processing facility for oil discovered in the country’...
Total Plans to Restructure Its Danish Oil & Gas Business
Denmark >> 6/23/2019 - Total E&P Denmark has announced plans to restructure its Danish oil and gas business in Esbjerg. The reorganization will provide a simpler and more focused structure that builds on the Total Group's b...
Anadarko Announces Mozambique LNG Final Investment Decision
Mozambique >> 6/18/2019 - Anadarko Petroleum Corporation and the co-venturers in Mozambique's Offshore Area 1, announced a Final Investment Decision (FID) on the Anadarko-led Area 1 Mozambique LNG project. This official declar...
ExxonMobil, Partners to Redevelop Angola Block 15 to Increase Production
Angola >> 6/5/2019 - ExxonMobil and its partners said they will further invest in Block 15 offshore Angola to increase production as part of an agreement with Angola’s recently established National Agency for Petroleum, G...
i3 Energy Announces Additional Investment to Fund Liberator and Serenity Drilling Campaign
United Kingdom >> 5/30/2019 - i3 Energy, an independent oil and gas company with assets and operations in the UK, has entered into binding terms with funds managed by Lombard Odier Asset Management (Europe) for a £3mm participatio...
South Pars Achievements & Investment Opportunities Introduced in 24th Petroleum Exhibition
Iran >> 5/2/2019 - South pars achievements and investment opportunities introduced in 24th international petroleum exhibition Pars Oil and Gas Company (POGC) attended the 24th international petroleum exhibition as Sout...
ExxonMobil Invests $2b in Baytown Chemical Expansion Project
United States >> 5/2/2019 - ExxonMobil said today that it will proceed with a $2 billion investment to expand its Baytown, Texas chemical plant, which will create approximately 2,000 jobs during construction and contribute to th...
BP & Partners Bring International Strategic Executive Expertise to Azerbaijan
Azerbaijan >> 4/25/2019 - BP and its co-venturers in the Azeri-Chirag-Gunashli, Baku-Tbilisi-Ceyhan, Shah Deniz, and South Caucasus Pipeline projects – SOCAR, TPAO, PETRONAS, Chevron, LUKOIL, NICO, Equinor, INPEX, ExxonMobil, ...
Gazprom Neft Reviews the Performance of its Investment Programme in 2018
Russia >> 4/19/2019 - The Gazprom Neft Board of Directors has reviewed information on the company’s budgetary and investment programme performance in 2018. ...
Equinor Invests in New Platform in Azerbaijan
Azerbaijan >> 4/19/2019 - Equinor and eight partners in the offshore Azeri Chirag Gunashli (ACG) oilfield in the Caspian Sea have made a USD 6 billion investment decision to build an additional platform in the license area. Th...
Gazprom Neft, Gazprombank, RVC & VEB Innovation Established Venture Fund
Russia >> 4/16/2019 - Gazprom Neft, Gazprombank, the Russian Venture Company (RVC) and VEB Innovation have established a venture fund, “New Industry Ventures”, focussing on investments in technology companies specialising ...
Tendeka Reports Major Growth in North Sea Projects
United Kingdom >> 4/12/2019 - Independent global completions service company Tendeka has more than doubled its work in the UK offshore sector over the past 12 months. The growth in the UKCS has led the company to make a substantia...
Africa Oil Acquires Additional Shares of Eco (Atlantic) Oil and Gas
Canada >> 4/10/2019 - Africa Oil Corp. had acquired 4,752,850 common shares of Eco (Atlantic) Oil and Gas Ltd. ("Eco") for US$1.05 per common share for a total consideration of US$4,999,998. The common shares were acquired...
Saudi Aramco Attracts $100 Billion Demand for Bond Deal
Saudi Arabia >> 4/9/2019 - Saudi Aramco is set to raise $12 billion with its first international bond issue after receiving more than $100 billion in orders, a record breaking vote of market confidence for the oil giant which h...
HHI/DSME Merger a First Step Toward Regaining FPSO Market Share
United Kingdom >> 4/7/2019 - The offshore market is set for a bumper year with 83 greenfield FIDs expected, totalling $115 billion in infrastructure, equipment & associated drilling services. This includes $19.2bn on FPSO/FLNG aw...
Shell Plans to Invest $15Billion in Nigeria
Nigeria >> 4/6/2019 - Shell Petroleum Development Company of Nigeria Ltd (SPDC) plans to invest about $15 billion in oil and gas projects in Nigeria over the next five years. The projects earmarked for investment will incl...
Total Commits to Tellurian-led Driftwood LNG Project
United States >> 4/3/2019 - Total and Tellurian signed a series of agreements strengthening the partnership between the two companies to develop the Driftwood LNG project located in Louisiana, USA. ...
ExxonMobil Invests in Singapore Integrated Complex
Singapore >> 4/2/2019 - ExxonMobil has made a final investment decision on a multi-billion dollar expansion of its integrated manufacturing complex in Singapore to convert fuel oil and other bottom-of-the-barrel crude produc...
Keppel Acquires Stake in leading EV Battery Businesses for $50m
Singapore >> 4/1/2019 - Keppel Corporation Limited, through its wholly owned subsidiary KepVenture Pte Ltd (Keppel), has entered into an agreement with Envision AESC to invest US$50 million for a minority stake in Envision A...
Neptune Energy Announces Final Investment Decision for Seagull Project
United Kingdom >> 3/28/2019 - Neptune Energy and its joint venture partners BP and Japex have announced that the final investment decision for the Seagull oil project in the UK North Sea has been agreed. Seagull is expected to ini...

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