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Oil & Gas Companies News

Lundin Petroleum Sells Shares in Nogat B.V.
Netherlands/Holland >> 6/23/2009 - Lundin Petroleum AB is pleased to announce that it has agreed to sell its 1.8 percent shareholding in NOGAT B.V. to a subsidiary of Venture Production plc for a cash consideration of 9 million Euro p...
Gasol Agreement with SONAGAS to Monetise Zafiro Gas
Equatorial Guinea >> 6/23/2009 - Gasol plc is pleased to announce that the Company is in a direct joint venture agreement ("JVA") with Sociedad Nacional de Gas, G.E. ("SONAGAS G.E."), the national gas company of Equatorial Guinea, af...
Sipchem Sells 11% Of Shares in 2 Affiliates
Saudi Arabia >> 6/23/2009 - Saudi International Petrochemical Company (Sipchem) announces the completion of the sale of 11% of Sipchem shares in two of its affiliates (International Acetyl Company and International Vinyl Acetate...
Verenexs Communications with Libyan Authorities
Libya >> 6/22/2009 - Verenex Energy Inc. announces the status of its discussions with representatives of the Libyan National Oil Corporation (the "NOC") and the General People's Committee (the "GPC") of Libya in relation ...
Masdar to Pursue Carbon Reduction Projects in Nigeria
Nigeria >> 6/21/2009 - Masdar, Abu Dhabi’s multi-faceted future energy initiative wholly owned by the Mubadala Development Company, and the Nigerian National Petroleum Corporation (NNPC) today reached agreement to identify ...
Lukoil Acquires 45% in A Refinery in The Netherlands
Netherlands/Holland >> 6/19/2009 - OAO LUKOIL agreed to purchase a 45% stake in TRN refinery in the Netherlands from Total. ...
REG-Island Oil & Gas Award of Exploration Permits
Morocco >> 6/19/2009 - Island Oil & Gas Plc, announces that its wholly owned subsidiary Island International Exploration Morocco ("IIEM") has signed with the Office National des Hydrocarbures et des Mines ("ONHYM") two Pe...
Maurel & Prom Becomes Offshore Operator
Congo >> 6/18/2009 - Maurel & Prom has signed a memorandum of understanding in order to increase its participating interest in the Marine III operating licence in the Congo (Brazzaville). ...
US$5 Million Additional Funding From Arawak
Kazakhstan >> 6/18/2009 - Roxi Petroleum plc, the Kazakhstan based oil exploration and development company is pleased to announce additional funding from a leading industry participant. ...
Africa Oil Adds Prospective New Kenyan Block
Kenya >> 6/16/2009 - Africa Oil Corp. is pleased to announce that it has signed an agreement to acquire all of the issued and outstanding shares of Turkana Energy Inc. ("Turkana"), a privately held oil and gas exploration...
Lukoil to Supply 3 Million Tons of Oil to Chinese Sinopec
Russia >> 6/16/2009 - Today in Moscow General Director of LITASKO (LUKOIL global trader) Gati Al-Jebuti and President of Unipec Asia Company Ltd. (Sinopec Trader) Dai Zhaoming have signed a frame agreement on oil supplies....
Gazprom Delegation Visits Turkmenistan
Russia >> 6/15/2009 - Headed by Alexey Miller, Chairman of Gazprom Management Committee, a Gazprom delegation paid a working visit to Turkmenistan. As part of the visit Alexey Miller met with Turkmen President Gurbanguly B...
Petrofac Emirates Becomes HCT Foundation Sponsor
United Arab Emirates >> 6/11/2009 - Petrofac Emirates, the joint venture between Petrofac and Mubadala Petroleum Services Company LLC has signed a strategic sponsorship with the Higher Colleges of Technology (HCT); becoming one of the f...
KazMunayGas,ConocoPhillips and Mubadala Corporation
Kazakhstan >> 6/11/2009 - ConocoPhillips, JSC National Company KazMunayGas (KMG) and Mubadala Development Company PJSC (Mubadala) today announced that they have signed project agreements allowing the joint exploration and deve...
Settlement with PetroRig I
Singapore >> 6/5/2009 - Sembcorp Marine is pleased to announce that its wholly-owned subsidiary Jurong Shipyard Pte Ltd (Jurong Shipyard) has settled its disputes with the bondholders Norsk Tillitsman and PetroRig I Pte Ltd....
Chevron Completes Sale of Marketing Business in Cameroon
Cameroon >> 6/4/2009 - Chevron Corporation announced that its subsidiary, Chevron Africa Holdings Ltd., has completed the sale of Texaco Cameroun S.A. to Corlay Global S.A. Chevron announced the initial sales agreement in 2...
Chevron Sale of Marketing Business in Kenya
Kenya >> 6/1/2009 - Chevron Corporation announced that its subsidiary, Chevron Africa Holdings Ltd., has completed the sale of Chevron Kenya Ltd. to Total Outré Mer. Chevron announced the initial sales agreement in 2008....
Oman Holdings Spain Acquires 5% of Enagas
Oman >> 6/1/2009 - Enagas has been informed that Oman Oil Holdings Spain, S.L.U. has acquired Gas Natural SDG’s 5% shareholding Enagas, which it was forced to sell pursuant to a ruling by the Spanish anti-trust regulato...
Weatherford Acquire TNK-BP Oil Field Services
Russia >> 5/29/2009 - TNK-BP and Weatherford International Ltd. announced that Weatherford has agreed to acquire TNK-BP's Oil Field Services (OFS) enterprises in exchange for 24.3 million shares of Weatherford common stock...
Mart Sale of the Company and Closing of Bridge Loan
Nigeria >> 5/27/2009 - Mart Resources, Inc. announces that it has entered into a Letter of Intent for the sale of all of the issued and outstanding shares of Mart to a private African oil and gas company (the “Purchaser”) a...

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