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GNPC Studying Exxon-Kosmos Jubilee Deal
Ghana >> 10/7/2009 - State-run Ghana National Petroleum Corp (GNPC) is studying an agreement by Exxon Mobil to buy Kosmos Energy's stake in the Jubilee oil field in Ghana before passing it to the energy ministry for its b...
Exxon Mobil to Buy Ghanaian Field Stake
Ghana >> 10/6/2009 - Exxon Mobil has agreed to buy a stake in Ghana's Jubilee field, three sources close to the matter said on Tuesday, highlighting how a series of oil finds have brought West Africa to the center of the ...
DNO to Restart Operations In Kurdistan Region
Iraq >> 10/6/2009 - Reference is made to DNO's Stock Exchange Notice dated 21 September 2009 in relation to the notice of the same date (the Notice) from the Kurdistan Regional Government (KRG) and the attached letter fr...
BP Gives CNPC Bigger Rumaila Oil Field Stake
Iraq >> 10/2/2009 - BP PLC is giving its partner China National Petroleum Corp. a larger share of equity in a project to develop Rumaila, Iraq's largest producing oil field, a senior Iraqi oil official said Friday. ...
DNO Arbitration Is Not Part of Suspension by KRG
Iraq >> 10/1/2009 - As explained during the presentation given at the Market and Media Update on 28 September 2009, DNO signed two Production Sharing Agreements (PSA) in Kurdistan in 2004. DNO was the only participant to...
Perenco Acquires Marathon Oil's Gabon Assets
Gabon >> 10/1/2009 - Perenco, the leading independent oil & gas company, is pleased to announce the strengthening of its position in Gabon with the acquisition of Marathon Oil Corporation's wholly owned subsidiary, Marath...
NEP Acquires Oil Drilling and Services Company
China >> 10/1/2009 - China North East Petroleum Holdings Limited, an oil producing company in Northern China, announced that it has acquired all of the equity interest in Song Yuan Tiancheng Drilling Engineering Co. Ltd. ...
CIC Purchases Stake in JSC KazMunaiGas Production
Kazakhstan >> 9/30/2009 - China Investment Corporation has, through its wholly owned subsidiary, Fullbloom Investment Corporation, purchased approximately 11 percent of the Global Depositary Receipts of JSC KazMunaiGas Explora...
CNOOC Is in Talks with Nigeria to Buy Large Stakes
Nigeria >> 9/29/2009 - Chinese state-owned oil company CNOOC is in talks with Nigeria to buy large stakes in some of the richest oil blocks in the world, the Financial Times reported on Tuesday. ...
Venezuela, South Africa Eye Joint Venture on Oil
Venezuela >> 9/28/2009 - Venezuela is looking at forming a joint venture with South Africa's PetroSA to exploit a mature oil field in the South American country, a Venezuelan state oil company official said on Sunday. ...
Eni Acquired Two Offshore Blocks in Ghana
Ghana >> 9/28/2009 - Eni announces that it has entered Ghana through the acquisition of majority stakes in the Offshore Cape Three Points (OCTP) and Offshore Cape Three Points South (OCTPS) exploration licences. ...
PTTEP Acquires More Australian Oil Assets
Australia >> 9/25/2009 - PTTEP, in its endeavor to stabilize its investment portfolio, has entered into an agreement to acquire more oil company in Australia, receiving petroleum exploration rights for five blocks and two off...
Sonangol to Buy Marathon's 20 % Stake in Block 32
Angola >> 9/24/2009 - Angola state-owned firm Sonangol will buy Marathon Oil's 20 percent stake in Angola's Block 32, valued at $1.3 billion, after blocking the sale of the stake to two Chinese companies, a Sonangol spokes...
DNO International Updates on the Notice from KRG
Iraq >> 9/24/2009 - The Notice dated 21 September 2009 from KRG is a direct consequence of Oslo Stock Exchange (OSE) disclosing selective confidential information to the media, which is causing the media to publish specu...
KMG EP to Acquire 33% Stake in Petrokazakhstan
Kazakhstan >> 9/23/2009 - JSC KazMunaiGas Exploration Production announces that it has reached an agreement to acquire a 33% stake in PetroKazakhstan Inc. from the National Company KazMunayGas. ...
ONGC Spending 160 Bln Rupees to Boost Oil Output
India >> 9/23/2009 - Oil & Natural Gas Corp., India’s biggest energy explorer, is spending 160 billion rupees ($3.3 billion) to increase production from its oil fields. The state-owned company has spent 140 billion rupees...
Gazprom Completes 51 % Stake in Severenergia
Russia >> 9/23/2009 - Gazprom has completed the acquisition of a 51 per cent stake in SeverEnergia worth about USD 1.6 billion. Thus, SeverEnergia shareholding structure is as follows: Gazprom – 51 per cent, the Italian pa...
IFC Supports Private Oil & Gas assets in MENA Region
Egypt >> 9/23/2009 - IFC, a member of the World Bank Group, has signed a $50 million financing agreement with Kuwait Energy Company to help the company accelerate the development and exploration of its oil and gas assets ...
Lundin Sells Its Interest in Ashirovskoye Field
Russia >> 9/21/2009 - Lundin Petroleum AB is pleased to announce the sale of its 50 percent indirect interest in CJSC Oilgaztet, which holds the production license for the Ashirovskoye field, Orenburg region, onshore Russi...
Iraqi Kurdistan Suspends DNO's Oil Operations
Iraq >> 9/21/2009 - The authorities of Iraqi Kurdistan said on Monday they were suspending for six weeks the oilfield operations of Norwegian oil exploration firm DNO International. The Kurdistan Regional Government said...

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