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Woodside Flags 2010 Reduction, Libya Asset Sale
Libya >> 11/23/2009 - Woodside Petroleum Ltd. forecast its full year oil and gas production in 2010 to fall to between 70 million and 75 million barrels of oil equivalent. ...
Eni to Buy Heritage's 50% Interest in Uganda
Uganda >> 11/23/2009 - Eni and Heritage have reached an agreement with respect to the assignment of the 50% interest which Heritage holds in blocks 1 and 3A in Uganda for a total amount of 1.35 billion US dollars. An additi...
Shell Nigeria Gas Production Recovers After Repairs
Nigeria >> 11/23/2009 - Royal Dutch Shell said gas output from its joint venture in Nigeria's western Niger Delta recovered to its highest level in two years last week after it was able to repair damaged pipelines. ...
Bontan Obtains Significant Israel O&G Concessions
Israel >> 11/23/2009 - Bontan Corporation Inc is pleased to announce that it has acquired, through its wholly owned subsidiary, an indirect 71.63% working interest in two drilling licenses and one exploration permit in the ...
Shell in Talks to Buy 10% of Essar Oil
India >> 11/21/2009 - Royal Dutch Shell is in talks to buy 10 percent of India's Essar Oil as part of a deal where it would sell three European refineries to the Indian firm, citing people with knowledge of the plans. ...
Fluor Forms Offshore Alliance with COOEC
China >> 11/19/2009 - Fluor Corporation announced that it has entered into a formal alliance with Offshore Oil Engineering Corporation Ltd. (COOEC), a subsidiary of China National Offshore Oil Corporation Ltd. (CNOOC), in ...
Mittal Pulls Out of Oil Block JV With ONGC
Kazakhstan >> 11/18/2009 - Steel magnate Lakshmi Mittal has pulled out of a project to develop an oil block in Kazakhstan with Indian joint venture partner Oil and Natural Gas Corp, signaling the approaching end of a difficult ...
Russia, Slovakia to Establish Joint Gas Venture
Russia >> 11/16/2009 - The Headquarters of Gazprom hosted a working meeting of Alexey Miller, Chairman of the Company’s Management Committee with Robert Fico, Prime Minister of the Slovak Republic. ...
SOCAR Signs Gas Supply Contract with Iran for 2010
Iran >> 11/15/2009 - The Azerbaijan Republic’s state-owned oil company (SOCAR) has signed a memorandum of understanding to supply natural gas to National Iranian Gas Company (NIGC) starting in 2010. ...
Ghana Says 50 Firms Interested in Jubilee
Ghana >> 11/13/2009 - Some 50 international oil companies including Chinese firms have expressed interest in exploration of Ghana's giant Jubilee oil field, Deputy Energy Minister Kwabena Donkor said. ...
CNOOC Not Allowed by Ghana to Bid for Jubilee Stake
Ghana >> 11/13/2009 - CNOOC Ltd., China’s largest offshore oil producer, said the Ghanaian government hasn’t allowed it to bid for Kosmos Energy LLC’s assets in the African nation. “We haven’t participated as the governmen...
OXY, Mubadala and NOGA Form Joint Operating Co.
Bahrain >> 11/10/2009 - Occidental Petroleum Corporation, Mubadala Development Company (Mubadala) and the National Oil and Gas Authority of Bahrain (NOGA) announced the creation of a new joint operating company, Tatweer Petr...
Fahmi Signs 2 Oil Agreements Worth $ 330.5 m
Egypt >> 11/9/2009 - Oil Minister Sameh Fahmi signed Sunday 8/11/2009 two oil agreements on behalf of two Egyptian petroleum and natural gas companies with two UAE and British oil firms with minimum investment values wort...
Iraqi Lawmakers Question Oil-Development Deals
Iraq >> 11/9/2009 - A handful of lawmakers from the Iraqi parliament's oil and gas committee on Sunday questioned the legality of petroleum-development deals signed last week with BP PLC, Exxon Mobil Corp. and other big ...
Aramco Gas Supplies to Rise by 30 % in 5 Years
Saudi Arabia >> 11/8/2009 - Saudi Aramco plans to raise its daily gas supplies by 30 percent within five years to 8 billion cubic feet, Al-Hayat newspaper quoted its Chief Executive Khalid al-Falih as saying on Sunday. ...
Scorpion Issuing Notice of Mediation for Gazprom
Russia >> 11/6/2009 - Scorpion Nederlandse B.V, Venezuela Branch, a wholly-owned subsidiary of Scorpion Offshore Ltd. ("Scorpion" or the "Company") has issued an official notice of mediation of dispute to UrdanetaGazprom-1...
Eni Signs a Cooperation Agreement with Kazmunaygas
Kazakhstan >> 11/5/2009 - Eni CEO, Paolo Scaroni, and KazMunayGas President, Kairgeldy Kabyldin, signed, in the presence of the President of the Republic of Kazakhstan, Nursaltan Nazarbayev, and the Italian Prime Minister, Sil...
Verenex and LIA Enter into Arrangement Agreement
Libya >> 11/5/2009 - Verenex Energy Inc. announced it has entered into a definitive arrangement agreement (the "Agreement") with the Libyan Investment Authority (the "LIA") pursuant to which the LIA, through a subsidiary,...
Dubai's ENOC Moves Upstream with $2 Bln Dragon Bid
United Arab Emirates >> 11/2/2009 - Dubai's Emirates National Oil Company (Enoc) has agreed to pay $1.9 billion to take control of Dragon Oil in a further push by the state-owned refiner into exploration, even as the emirate struggles u...
Iraq Cautions over BP, CNPC Deal
Iraq >> 11/1/2009 - The Iraqi parliament's oil and gas committee has expressed concern to British officials over what it called an "illegal" multibillion-dollar deal that BP Plc will sign with the Iraqi government on Tue...

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