Results37 articles shown
Technip Bags Brazil's Libra Oil Field FPSO Contact from Jurong Shipyard
Tuesday, June 30, 2015 Technip bags an engineering and procurement services contract from Jurong Shipyard for the floating production, storage and offloading vessel for deployment to Brazil's offshore Libra oil field.
China's Slowing Gas Demand Raises Supply Concern in Australia
Tuesday, June 30, 2015 China's weakening appetite for super-cooled natural gas is raising concerns that the industry is facing a glut as global supply grows.
CNPC Commences Construction of Chinese Segment of Russia-China Gas Pipeline
Tuesday, June 30, 2015 CNPC commences construction of the Chinese segment of the Eastern Route of the Russia-China Gas Pipeline.
Australia's Origin Expects Chinese LNG Buyer to Fulfill Contract
Monday, June 29, 2015 Origin Energy expects Sinopec to fulfill its agreement to purchase liquefied natural gas from a $19 billion export project in Australia.
Oilex Commences Gas Sales from Cambay-73 in Gujurat's Cambay Field
Monday, June 29, 2015 Oilex commences gas sales from Cambay-73 to local market near the Cambay Field in Gujurat, India.
Gulf Keystone Signs Domestic Oil Sales Contract in Iraqi Kurdistan
Monday, June 29, 2015 Gulf Keystone Petroleum signs a six-month contract with a crude oil buyer in Iraqi Kurdistan, boosting its cash flow prospects.
AWE Spuds Waitsia-2 Appraisal Well in Western Australia's Perth Basin
Monday, June 29, 2015 AWE spuds Waitsia-2 appraisal well in Permits L1/L2 in Western Australia's Perth Basin.
Circle Oil Confirms Flow Rates at LAM-1 Onshore Morocco
Friday, June 26, 2015 Circle Oil confirms gas flow rates at the LAM-1 well, located on the Lalla Mimouna Permit onshore Morocco.
Icon Energy, Shantou Sino Energy Extend Deadline for Gas Sales Agreement
Friday, June 26, 2015 Australia's Icon Energy and China's Shantou Sino Energy extend completion date for a gas sales agreement.
China's CNPC Signs Contract to Build Second Pipeline for Russian Crude
Friday, June 26, 2015 CNPC has signed a construction contract for a second domestic pipeline to carry Russian crude oil from Mohe to Daqing, a company-run newspaper says.
Sefton Partners UTAS to Acquire Producing Oil, Gas Assets in Indonesia
Friday, June 26, 2015 Sefton Resources signs development agreement with UTAS Petroleum Services to acquire producing upstream oil and gas assets in Indonesia.
IGas Energy Reveals Revenue, Production Decrease
Friday, June 26, 2015 IGas Energy reveals a year on year revenue and oil production decrease, from 2014 to 2015.
Strike Commences Ops to Boost Water, Gas Production at SA's SCB Project
Thursday, June 25, 2015 Strike Energy commences operations to boost water and gas production at three Klebb wells in the South Cooper Basin Gas Project in South Australia.
Roxi Secures License Extension for Kazakhstan's BNG Contract Area
Thursday, June 25, 2015 Roxi Petroleum announces that its license for the BNG Contract Area, located in the west of Kazakhstan, has been renewed for 3 years, ending on June 7, 2018.
Tap Oil Updates on Spat with Northern Gulf Firms in Thailand's Manora Field
Thursday, June 25, 2015 Tap Oil updates on commercial disputes with partner Northern Gulf companies in Block G1/48 concession in the Gulf of Thailand.
LTHE Bags $426M Contract for India's Bassein Development Project from ONGC
Thursday, June 25, 2015 L&T Hydrocarbon Engineering bags a $426.26 million engineering, procurement, construction and installation contract for the Bassein Development Project in western offshore basin, India from ONGC.
Indonesia Sets Oil, Gas Production Targets for 2016
Wednesday, June 24, 2015 Indonesia sets 2016 gas production target of 1.1 million to 1.3 million barrels of oil equivalent and plans to produce 800,000 to 830,000 barrels of oil per day.
Alam Swiber Wins Subsea Contact at Chevron's Prai Terminal in Malaysia
Wednesday, June 24, 2015 Alam Swiber Offshore wins $5.9 million contract for subsea pipeline installation works from Chevron at the Prai Terminal in Pulau Pinang, Malaysia.
Peru Agrees to Study Pacific Outlet for Bolivian Natgas Exports
Wednesday, June 24, 2015 The presidents of Peru and Bolivia agree to study a project that would allow landlocked Bolivia to ship its natural gas, a key export, to Asia from Peru's Pacific coast.
Norwegian Production Figures Hit Lowest Point since September 2014
Wednesday, June 24, 2015 The Norwegian Petroleum Directorate's preliminary production figures for May 2015 reveal that average daily production of oil, NGL and condensate hit its lowest point last month since September 2014.
PetroVietnam, Gazprom Seal Agreement to Develop 2 Fields in Russia
Tuesday, June 23, 2015 PetroVietnam and Gazprom seal agreement for their joint venture company Gazpromviet to explore and develop two oil and gas fields in Russia.
PetroNeft: Significant Production Growth Expected in 2015
Tuesday, June 23, 2015 PetroNeft announces in its annual results statement for 2014 that it expects a significant boost in production this year.
Neptune Completes Grouting Project at Cakrawala Field Off Malaysia
Tuesday, June 23, 2015 Australia's Neptune Marine Services completes a displacement pile grouting project for Hyundai Heavy Industries at the Cakrawala field in the Malaysia-Thailand Joint Development Area.
Output At Groningen Gas Field To Be Capped At 30 Bcm In 2015
Monday, June 22, 2015 Dutch Economy Minister Henk Kamp will propose a further tightening of production at Groningen, according to Dutch news agency ANP.
Azeri Shah Deniz Gas Project Awards Subsea Contracts
Monday, June 22, 2015 FMC Kongsberg Subsea AS and OneSubsea (UK) have won contracts for subsea infrastructure totaling $363 million for Azerbaijan's Shah Deniz gas field.
Sugih Energy Expects Indonesia Govt to Approve Sumatra's Lemang Block POD
Friday, June 19, 2015 Sugih Energy expects the Indonesian government to approve the development plan for the Lemang block in Sumatra, Indonesia.
Shale Fallout Torments Nigeria as Flagship Oil at Decade-Low
Friday, June 19, 2015 The shale boom that's reduced US dependence on overseas crude is reverberating in Nigeria as Africa's biggest oil producer cuts the pricing for its flagship grade to the lowest in a decade.
Total, Inpex to Share 30% Stake in Indonesia's Mahakam Gas Block
Friday, June 19, 2015 Indonesia says it will allocate Total and Japan's Inpex a 30 percent stake in the offshore Mahakam oil and gas block once the French major's operating rights to Indonesia's top gas field expire in December 2017.
Production Commences at Nong Yao Oil Field Offshore Thailand
Thursday, June 18, 2015 Mubadala Petroleum announces that production commenced at the Nong Yao oil field, located in the southern Gulf of Thailand, on June 17.
Egdon Resources Begins Extended Well Test at Wressle-1 Onshore UK
Thursday, June 18, 2015 Egdon Resources announces the commencement of an extended well test at the Wressle-1 oil and gas discovery, located in license PEDL180 to the east of Scunthorpe, UK.
Galp: Cosco and BJC to Build Petrobras Oil-Platform Units
Thursday, June 18, 2015 China's Cosco and Thailand's BJC Heavy Industries have won a contract to build 24 natural-gas compressors for six oil platforms being built by Petrobras and its partners in two giant offshore oil areas, one of those partners says.
Erin Energy Announces Production Start-Up at Oyo-7 Well Offshore Nigeria
Thursday, June 18, 2015 Production starts at Erin Energy's Oyo-7 well, which is located in OML 120 offshore Nigeria.
PetroVietnam Completes Acquisition of Chevron's Assets in Vietnam
Thursday, June 18, 2015 PetroVietnam completes acquisition of Chevron's assets in Vietnam, giving it ownership of two offshore gas blocks and a stake in a pipeline firm.
WGK Clinches KPOC Pipeline Contract for Kamansu East Field Off Sabah
Wednesday, June 17, 2015 Wood Group Kenny clinches pipeline contract from Kebabangan Petroleum Operating Company for the Kamansu East field offshore Sabah, Malaysia.
CEO: Russia's Rosneft to Maintain Hydrocarbon Output in 2015-2017
Wednesday, June 17, 2015 Russia's Rosneft plans to keep its hydrocarbon production stable between 2015 and 2017, according to the firm's CEO.
Minister: Papua New Guinea to Reallocate Around 20 Energy Licenses
Wednesday, June 17, 2015 Papua New Guinea could reallocate as many as 20 of its energy licenses, many of them in the upstream business with major players standing ready to snap them up, the country's minister of petroleum and energy says.
Huarong Energy Completes M656 Well Production Test in Kyrgyzstan Project
Wednesday, June 17, 2015 China Huarong Energy successfully completed production test of oil well M656 in the Kyrgyzstan Project.
|Brent Crude Oil :||$62.01/BBL||1.97%|
|Light Crude Oil :||$58.33/BBL||2.18%|
|Natural Gas :||$2.81/MMBtu||1.44%|
|Updated in last 24 hours|