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Oil & Gas Companies News

Otto Energy Galoc Field Update
Philippines >> 5/7/2009 - Otto Energy has been advised by the Galoc Production Company (GPC), that a category 1 Typhoon Emong (Chan-Hom) is passing 300 nautical miles to the north of the field. Production has been temporarily ...
Reibel logistics no .1 in the Middle East
Saudi Arabia >> 5/5/2009 - Project forwarding is always a challenge: planning, worldwide coordination, dispatch and supervision. Having all the costs under control and going the safest routes, despite all the time pressure! Kee...
Lundin Two New Licences in Norwegian
Norway >> 5/4/2009 - Lundin Petroleum AB is pleased to announce that it's wholly owned subsidiary Lundin Norway AS has been awarded two new exploration licence interests in the 20th Norwegian Licencing Round. The awarded ...
KazMunay Completed the Purchase of BP’s 49,9% Interest
Kazakhstan >> 4/30/2009 - KazMunayGas National Company completed the purchase of BP's share interest in the Kazakhstan Pipeline Ventures joint venture (KPV) holding 1,75 percent interest in the Caspian Pipeline Consortium (CPC...
Lundin Petroleum Completion Sale of East African Interests
Ethiopia >> 4/29/2009 - Lundin Petroleum AB is pleased to announce the completion of the previously announced transaction for the sale of its wholly owned subsidiaries, Lundin East Africa BV ("Lundin East Africa") and Lundin...
Reliance signs GSPA with Power Companies
India >> 4/28/2009 - Reliance Industries Limited has signed Gas Sales and Purchase Agreement with the customers in power sector for supply of natural gas to be produced from the KG-D6 block. The GSPAs were signed with 9 c...
Industry Sponsors of Aberdeen Oil & Gas Communications Conference
United Kingdom >> 4/28/2009 - The Oil & Gas Communications Europe: Digital Applications & Communications Dynamics conference takes place in Aberdeen, Scotland on 12th & 13th May 2009. ...
Occidental and Mubadala Sign PSA
Bahrain >> 4/27/2009 - Occidental Petroleum Corporation and Mubadala Development Company (Mubadala), through its business unit Mubadala Oil & Gas, announced today that they have signed a Development and Production Sharing A...
Fugro and EMGS Marine EM Strategic Alliance
United Kingdom >> 4/24/2009 - Fugro N.V, the world’s leading geotechnical, survey and geoscience company, today announced that it has entered into a global cooperation agreement with Electromagnetic Geoservices ASA (EMGS), the mar...
Cobalt and Sonangol Partnership
Mexico >> 4/22/2009 - Cobalt International Energy, L.P. and Sonangol, E.P. jointly announced the formation of a major partnership in the deepwater Gulf of Mexico and the deepwater offshore Angola. Cobalt will assign 25% of...
Universal Signs Co-Operative Agreement with National Petroleum Corporation of Namibia
Namibia >> 4/14/2009 - Universal Power Corp. is pleased to announce that it has entered into a co-operative agreement by way of a Memorandum of Understanding (the “MOU”) dated April 3, 2009 with The National Petroleum Corpo...
Sale of Exploration Assets in Oman
Oman >> 4/14/2009 - Indago Petroleum Limited announces that RAK Petroleum Oman Limited, a wholly owned subsidiary of RAK Petroleum PCL ("RAK Petroleum"), has acquired Indago's wholly owned subsidiaries holding approximat...
Heritage Announces the Sale of its Oman Holdings for US$28 Million
Oman >> 4/8/2009 - Heritage Oil Limited, an independent upstream exploration and production company, announces that it has completed the sale of Eagle Energy (Oman) Limited ("Eagle Energy"), a wholly-owned subsidiary of...
Spectra Energy Partners to Acquire Ozark Gas Transmission and Ozark Gas Gathering Systems
United States >> 4/8/2009 - Spectra Energy Partners, LP announced it has entered into a definitive agreement with Atlas Pipeline Partners, L.P. to acquire all of the ownership interests of NOARK Pipeline System, Limited Partners...
Hyperdynamics Sells Oil Assets to Improve Liquidity
United States >> 4/7/2009 - Hyperdynamics Corporation announced that, as part of its plan for improved liquidity, it has succeeded in selling its oil assets in Louisiana. On April 1, 2009 the company entered into an agreement wi...
Eni Signs New Strategic Cooperation Agreements with Gazprom in the Energy Field
Russia >> 4/7/2009 - In the presence of the Prime Minister of Russian Federation, Vladimir Putin, Eni and Gazprom signed significant agreements representing a further step in fostering strategic cooperation between Italy ...
Dno International Asa - Assignments - Production Sharing Contracts (Psc)
Iraq >> 4/6/2009 - DNO has been advised by the Kurdistan Regional Government (KRG) that it has completed the assignment of a 25% Third Party Interest in the Tawke Production Sharing Contract (PSC) to Genel Enerji. This ...
TNK-BP Will Invest $1 Billion by 2012 into Development of the Samotlor Field
Russia >> 4/3/2009 - The Russian-British company TNK-BP is going to invest $1 billion by 2012 into development of the Samotlor field for maintaining oil production in it at the level of 30 million tons. ...
Iran, Syria Sign Oil, Gas Cooperation Deal
Iran >> 4/3/2009 - Iran and Syria on Thursday signed an oil and gas cooperation deal,The agreement, endorsed by Iran's Oil Minister Gholam Hossein Nozari and his Syrian counterpart Sofyan al-Alaw, envisions cooperation ...
Total Signs a 20-Year Extension for Its Participation in the UAE's Gasco
United Arab Emirates >> 4/1/2009 - Total announces that it has signed agreements for a 20-year extension of its 15% participation in Abu Dhabi Gas Industries Limited Company ("Gasco"), alongside the Abu Dhabi National Oil Company ("Adn...

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