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CNPC acquires 8% stake in Abu Dhabi’s onshore oil concession

Tue, 21 Feb 2017 00:00:00 GMT

Abu Dhabi National Oil Company (ADNOC) has agreed to award China National Petroleum Corporation (CNPC) an 8% interest in Abu Dhabi’s onshore oil concession.

Senex Energy to invest $50m in Western Surat gas project, Australia

Tue, 21 Feb 2017 00:00:00 GMT

Australian company Senex Energy has decided to provide $50m to the Western Surat Gas Project in Queensland.

Sound Energy commences drilling of third Tendrara well in Morocco

Tue, 21 Feb 2017 00:00:00 GMT

Africa and Europe-focused upstream gas company Sound Energy has initiated drilling of the third Tendrara well located in onshore Morocco.

Orenburg Oil and Gas Condensate Field

Mon, 20 Feb 2017 16:45:00 GMT

Orenburg oil and gas condensate field is located in the Orenburg region of Russia and operated by Russian oil production company Gazprom Neft.

California Resources forms JV to invest $250m in oil and gas properties

Mon, 20 Feb 2017 00:00:00 GMT

California Resources (CRC) has formed a joint venture (JV) with Benefit Street Partners (BSP) that will invest $250m in CRC’s oil and gas properties located in the state.

Rosneft drills first exploration well in Solimões Basin, Brazil

Mon, 20 Feb 2017 00:00:00 GMT

Rosneft Brazil has begun drilling the first exploration well in the Solimões Basin.

Wakefield Acoustics Awarded IS014001 and BS OHSAS 18001 Accreditation

Mon, 20 Feb 2017 00:00:00 GMT

Having already been accredited to ISO9001 Quality Management standards for a number of years, Wakefield Acoustics is pleased to announce the company's recent accreditation to BS OHSAS 18001:2007 and ISO14001: 2015.

Monadelphous-Jacobs JV to provide EPC services for Oil Search’s PNG facilities

Mon, 20 Feb 2017 00:00:00 GMT

Australia’s Monadelphous and Jacobs Engineering Group joint venture (JV) has received a letter of intent (LOI) from Papua New Guinea (PNG)-based oil and gas exploration firm Oil Search for a proposed five-year $250m contract.

Deals this week: Golar LNG Partners, Occidental Petroleum, Snam

Fri, 17 Feb 2017 00:00:00 GMT

Golar LNG Partners has announced the pricing of a private placement of 2.75% convertible senior notes, due 15 February 2022. The company intends to raise $350m through the issue of notes with semi-annual payable interest.

Gulfsands Petroleum subsidiary receives extension on Moulay Bouchta agreement

Fri, 17 Feb 2017 00:00:00 GMT

Gulfsands Petroleum subsidiary Gulfsands Petroleum Morocco has been awarded an extension to its Moulay Bouchta Petroleum Agreement along with a revised work programme.

TGS announces availability of Permian Basin well database

Fri, 17 Feb 2017 00:00:00 GMT

Global geo-scientific data products and service provider TGS has announced the immediate availability of the E&P industry's comprehensive well database in the Permian Basin, US.

M&As this week: Noble Midstream Partners, Magnum Gas & Power, M5 Midstream

Fri, 17 Feb 2017 00:00:00 GMT

Noble Midstream Partners and Plains All American Pipeline (PAA) have signed an agreement to acquire Advantage Pipeline through their newly formed joint venture company.

Fluor receives LNG project contract in Vancouver, Canada

Fri, 17 Feb 2017 00:00:00 GMT

Fluor Corporation has been awarded a contract by JGC America (JGC) to provide construction-related support to the front end engineering and design (FEED) services for the Woodfibre Liquefied Natural Gas (LNG) project.

Pennine signs PSA to develop Velca Block in Albania

Thu, 16 Feb 2017 00:00:00 GMT

Pennine Petroleum has signed a production sharing agreement (PSA) with Albpetrol to explore and develop Velca Block in Albania.

Sky-Futures to deploy drones at Eni's facilities

Thu, 16 Feb 2017 00:00:00 GMT

Drone-based industrial inspection service provider Sky-Futures has been awarded a three-year contract by oil and gas company Eni to inspect all its facilities worldwide using drones.

Tlou Energy reports substantial increase in Botswana gas reserve

Thu, 16 Feb 2017 00:00:00 GMT

Tlou Energy has announced a significant upgrade of reserves in the Lesedi project and initial reserves of the Mamba Project in Botswana.

Sprague Resources unit closes purchase of Capital Terminal Company's US terminal

Wed, 15 Feb 2017 00:00:00 GMT

Sprague Operating Resources, a unit of Sprague Resources, has completed the acquisition of Capital Terminal Company’s refined product terminal asset located in East Providence, Rhode Island, the US.

Weatherford's UK Secure Drilling Services receives API Q2 Certification

Wed, 15 Feb 2017 00:00:00 GMT

Oil and natural gas service company Weatherford International has announced that its Secure Drilling Services facility located in Aberdeen, Scotland, has received API Specification Q2 certification.

Gazprom and CNPC review progress of Eastern Route gas project

Wed, 15 Feb 2017 00:00:00 GMT

The Joint Coordinating Committee (JCC) of Gazprom and China National Petroleum Corporation (CNPC) has stated that the project to transport gas from Russia to China through the eastern route is advancing as per the schedule.

Genel Energy finalises sharing contracts for Miran and Bina Bawi gas fields

Tue, 14 Feb 2017 00:00:00 GMT

Genel Energy has completed the documentation of the earlier agreed terms of amended and restated Production Sharing Contracts (PSCs) and Gas Lifting Agreements (GLAs) for the Miran and Bina Bawi gas fields in Kurdistan.