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Oil & Gas Companies News

S. Korea KNOC Still in Takeover Talks With Dana
South Korea >> 7/19/2010 - Korea National Oil Corp (KNOC) remains in talks with British oil and gas explorer Dana Petroleum on a takeover that could potentially be worth more than $2.1 billion, a KNOC source said. ...
Occidental, Pertamina Mull Sonangol's Iraq Deals
Iraq >> 7/18/2010 - U.S. oil major Occidental Petroleum Corp and Indonesian state oil firm Pertamina have shown an interest in taking a stake in Sonangol's two Iraqi oilfield development projects, a company official said...
Primeline, CNOOC Enter into Gas Sale Agreement
China >> 7/16/2010 - Primeline Energy Holdings Inc. is pleased to announce that China National Offshore Oil Corporation ("CNOOC") has signed a Framework Agreement ("Framework Agreement") for the sale and purchase of natur...
Total Acquires an Interest in Block 1 in the JDZ
Nigeria >> 7/15/2010 - Total announces the signature of an agreement to acquire Chevron’s 45.9% interest in Block 1 in the Joint Development Zone (JDZ). Total will operate the block in partnership with Addax Petroleum JDZ 1...
Novatek Eyes 49 Pct in Yamal for Foreigners
Russia >> 7/15/2010 - Russia's largest independent gas producer Novatek is looking to offer 49 percent to a foreign partner in developing the country's biggest liquefied natural gas (LNG) project, Kommersant reported. ...
Tethys Oil: Assignment to Mitsui Approved by Gov
Oman >> 7/15/2010 - The assignment whereby Tethys Oil through its wholly owned subsidiary Tethys Oil Blocks 3 and 4 Ltd ("Tethys") assigns to Mitsui E&P Middle East B.V., a subsidiary of Mitsui & Co. Ltd., ("Mitsui"), 20...
Afren to Acquire EER’s Residual Interest in OML 115
Nigeria >> 7/15/2010 - Afren plc announces that terms have been agreed to acquire Energy Equity Resources Oil and Gas’s (“EER”) residual license interest in OML 115, offshore south east Nigeria. ...
Vast Updates Capacity Building Payment Settlement
Iraq >> 7/15/2010 - Vast Exploration Inc is pleased to provide the following update on the settlement of final payment terms with the Kurdistan Regional Government with regards to the acquisition of an additional 10% wor...
Ophir to Acquire Interest in Block 2102, Madagascar
Madagascar >> 7/13/2010 - Ophir Energy plc is pleased to announce that it has entered into an agreement with Wilton Petroleum Limited (“Wilton”) to acquire an 80% interest and Operatorship of a Production Sharing Contract (“PS...
Russia, Iran to Sign Energy "Road Map"
Russia >> 7/13/2010 - Russia said on Tuesday it planned to sign a road map to outline future energy cooperation with Iran. Russian oil and gas majors Gazprom, Gazprom Neft and LUKOIL , have signed billions of dollars worth...
RegScan Acquires Pilko Checkpoint Audit Protocols
United Arab Emirates >> 7/10/2010 - RegScan, Inc., a national leader in online tools that provide easy access and interpretation of regulatory data, announced that it had acquired all the products and assets of Pilko Checkpoint Audit Pr...
Artumas Signs MOU with Tanzanian Gov and TPDC
Tanzania >> 7/8/2010 - Artumas Group, Inc. announced that the Company has signed a Memorandum of Understanding (MOU) with the Government of Tanzania and the Tanzanian Petroleum Development Corporation ("TPDC") to proceed wi...
SOCAR, BP Exploration Limited Signed Agreement
Azerbaijan >> 7/7/2010 - On June 6, SOCAR President Mr. Rovnag Abdullayev received BP president Mr. Toni Hayword at the Company’s Head Office. Mr. Abdullayev mentioned the projects operated by BP in Azerbaijan and pointed out...
SOCAR President Meets With Egyptian Minister of Oil
Azerbaijan >> 7/7/2010 - On June 7, SOCAR President Mr. Rovnag Abdullayev met with the delegation headed by Egyptian Minister of Oil Mr. Amin Sameh Fahmi. By welcoming the guests, Mr. Abdullayev expressed his gratitude for de...
Heritage Receives Gov Consent for Sale Its Interests
Uganda >> 7/7/2010 - Heritage Oil Plc, an independent upstream exploration and production company issues an update on Heritage Oil & Gas Limited’s (“HOGL”) disposal of its entire interests in Block 1 and Block 3A (the “As...
Chevron to Get 1/3 Stake In Rosneft JV
Russia >> 7/7/2010 - Chevron will take a roughly 30 percent stake in its Black Sea oil venture with Russia's largest oil producer, Rosneft, industry sources said. ...
Primeline / CNOOC Agreements Become Effective
China >> 7/6/2010 - Primeline Energy Holdings Inc. is pleased to announce that it has received notification from CNOOC that the Supplemental Development Agreement for LS 36-1 gas field (the "SDA") signed on 17th March ha...
Zorlu Sells Oil, Gas Units to Transatlantic
Turkey >> 7/5/2010 - Turkish Zorlu Enerji said it had signed a deal to sell its oil and natural gas exploration and production operations to Canada-based TransAtlantic Petroleum Ltd for $96.5 million. ...
Ghana's GNPC Says Rejects Kosmos-Exxon Deal
Ghana >> 7/5/2010 - Ghana National Petroleum Corporation (GNPC) said it had rejected a request by privately held Kosmos Energy to sell its stake in the Jubilee oilfield to ExxonMobil. ...
NOVATEK Acquires Tambeyneftegas
Russia >> 7/2/2010 - NOVATEK announced that it has acquired a 100% equity stake in OAO Tambeyneftegas, the holder of the exploration and production license to the Malo-Yamalskoye natural gas and gas condensate field. The ...

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