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Petsec Energy Acquires 100% Stake in Damis Production License
Friday, February 05, 2016 Petsec Energy Ltd acquires a 100% participating interest in, and operatorship of, the Damis Production License in the Republic of Yemen's Block S-1.
Armour Commences Legal Proceedings Against AEP's Australian Affiliate
Thursday, February 04, 2016 Armour Energy commences legal proceedings in Queensland's Supreme Court after American Energy Partners's affiliate AEGP Australia failed to complete the farm-in to its Northern Territory tenements in Australia.
Andalas to Acquire 30% Stake in Tuba Obi East Concession in Sumatra
Thursday, February 04, 2016 Andalas Energy and Power to acquire 30 percent stake in Tuba Obi East oil and gas concession in Jambi province, Sumatra, Indonesia.
Buru Provides Update on Ops at Ungani Far West 1 Well in Canning Basin
Thursday, February 04, 2016 Buru Energy updates on operations at the Ungani Far West 1 well in Canning Basin, Western Australia.
France's Total Signs 10-Year LNG Supply Deal With China's ENN Group
Thursday, February 04, 2016 European oil major Total has agreed to supply 500,000 tons a year of liquefied natural gas (LNG) for 10 years to China's privately-run ENN Group, Total says.
Sound Brings Nervesa Online
Thursday, February 04, 2016 Sound Energy achieves first commercial production at the operated onshore Nervesa gas discovery, located in northeast Italy.
Swiber Completes Subsea Pipeline Installation Project Off South America
Thursday, February 04, 2016 Swiber Holdings completes a subsea pipeline installation project offshore South America.
Russia's Sakhalin-2 LNG Plant Expects Maintenance Works to Last until March
Thursday, February 04, 2016 Russia's sole liquefied natural gas plant Sakhalin-2 expects maintenance works to last until March.
Aje One Step Closer to First Oil
Thursday, February 04, 2016 The Aje field offshore Nigeria is one step closer to achieving first oil, following the completion of work on the asset's FPSO.
Chevron Says Oil Leaked At Philippine Terminal, Fully Contained
Wednesday, February 03, 2016 The Philippine unit of U.S. oil major Chevron says hundreds of liters of oil leaked into the sea while it was loading fuel to a vessel at its Batangas terminal, south of the capital Manila.
PetroVietnam May Shut Down Fields, Trims Ouput if Oil Prices Dip Further
Wednesday, February 03, 2016 PetroVietnam considers shutting down or reducing production at its fields if crude oil prices fall below $30 a barrel.
Peru Says Will Cut Royalties In Current Oil Contracts By July
Wednesday, February 03, 2016 Peru plans to lower the royalty payments it receives from oil companies by July in order to help them survive the oil price crisis and might allow some to postpone part of their payments, the country's energy agency, Perupetro, says.
Ombrina Mare Project Development Stymied by New Drilling Ban
Wednesday, February 03, 2016 Rockhopper Exploration is considering suing the Italian government after it reintroduces a ban on offshore that will halt development of the firm's Ombrina Mare field.
CNOOC Flows First Oil from 2 Beibu Gulf Basin Projects in South China Sea
Tuesday, February 02, 2016 CNOOC commences production from two Beibu Gulf Basin oil projects in the South China Sea.
Mosman Terminates Plan to Acquire South Taranaki Energy Project in NZ
Tuesday, February 02, 2016 Mosman Oil and Gas terminates plan to acquire the South Taranaki Energy Project in New Zealand from Origin Energy.
Interra Completes Drilling at YNG 3270 Well in Myanmar's Yenangyaung Field
Tuesday, February 02, 2016 Interra completes drilling at development well YNG 3270 in the Yenangyaung oil field in Myanmar and has been temporarily shut-in pending further action with respect to reservoir stimulation.
Transerv Finds Encouraging Gas Flows at Warro-6 Well in Western Australia
Tuesday, February 02, 2016 Transerv Energy finds encouraging gas flows from the Warro-6 onshore well in Western Australia.
Fault at Russia's Sakhalin-2 LNG Plant Cuts Output
Monday, February 01, 2016 Russia's Sakhalin-2 LNG plant cuts production due to a technical glitch.
Iraq's KRG to Pay Oil Companies According to Contracts in 2016
Monday, February 01, 2016 The Kurdistan region of Iraq says it will pay international oil companies according to their contractual entitlements in 2016 in a bid to restore confidence and raise production.
Total Continues Drilling at Antelope-6 Well in PNG's Gulf Province
Monday, February 01, 2016 Total provides an update on drilling at the Antelope-6 appraisal well in Petroleum Retention License 15 in the Gulf Province of Papua New Guinea.
Leviathan Partners Sign $1.3B Gas Deal With Edeltech
Monday, February 01, 2016 Israel's natural gas companies and Noble Energy Inc. have signed the first contract to supply fuel from the country's largest gas reserves, the offshore Leviathan field.
Kiliwani North Production to Start in Mid-Feb
Monday, February 01, 2016 Aminex and Solo Oil report that they have been given the go-ahead to start production at the Kiliwani North-1 well in Tanzania.
Barakah's PBJV to Carry Out T&I Work for 2 Pipeline Projects off Malaysia
Monday, February 01, 2016 Barakah Offshore's unit PBJV will undertake transportation and installation of two pipeline projects offshore Malaysia.
Chevron Expects First Production from Gorgon LNG Project in 1Q 2016
Monday, February 01, 2016 Chevron expects production from the Gorgon liquefied natural gas project to commence in the first quarter of 2016, while first gas from the Wheatstone project is likely to flow in mid-2017.
Decmil Bags Accommodation Contract from ConocoPhillips for APLNG Facility
Friday, January 29, 2016 Decmil secures contract from ConocoPhillips to provide temporary accommodation for shutdown workforce at the Australia Pacific LNG facility on Curtis Island, Queensland, Australia.
Bengal Ends Hydraulic Stimulation Program in Cooper Basin's Barta Block
Friday, January 29, 2016 Bengal Energy completes hydraulic stimulation program on ATP 752 Barta Block in Australia's Cooper Basin.
Tanzania Finalizes Land Deal For Delayed LNG Project
Friday, January 29, 2016 Tanzania says it had finalized a land acquisition for the site of a planned liquefied natural gas (LNG) plant and was now working to compensate and resettle villagers to move forward on a long-delayed project.
Russian Oil Output Cuts: Where There's a Will There's a Way
Thursday, January 28, 2016 Russia's oil industry has argued for years that it cannot cut output to support falling global prices for purely technical reasons; in reality it can - as long as it has the political will.
S-Oil Sees Healthy 2016 Refining Margins as Oil Demand Grows
Thursday, January 28, 2016 South Korea's S-Oil Corporation sees 2016 refining margins staying healthy and Asian refiners benefiting from growing oil demand during the year.
India's Overseas Oil Resource Target Stymied By Crude Collapse
Thursday, January 28, 2016 The chance to gobble up cheap assets after oil's collapse to the lowest in 12 years is slipping out of reach for India's biggest overseas producer.
Poland's PGNiG Expects Norway Gas Pipeline Link by 2022
Thursday, January 28, 2016 PGNiG's pipeline between Poland and Norway is expected to introduce a few billion cubic meters of annual gas capacity by 2022.
Buru Updates on Drilling at Ungani Far West 1 Well in WA's Canning Basin
Thursday, January 28, 2016 Buru Energy updates on drilling operations at the Ungani Far West 1 well in the Canning Basin, Western Australia.
Beach Energy Completes Udacha-1 Well Stimulation, Flow Test in Cooper Basin
Wednesday, January 27, 2016 Beach Energy successfully completes fracture stimulation and flow test of the Udacha-1 well in PRL 26 in South Australia's Coooper Basin.
AWE Sells 10% Stake in Sugarloaf AMI Project in Texas to CEP II for $190M
Wednesday, January 27, 2016 AWE agrees to sell its 10 percent stake in Sugarloaf Area of Mutual Interest (AMI) project in the Eagle Ford Shale, Texas to Carrier Energy Partners II for $190 million.
Bahrain's Banagas in $355 Mln Deal with Japan's JGC Corp for Gas Plant
Wednesday, January 27, 2016 Japan's JGC Corp has signed a $355 million deal with Bahrain's Banagas to build the expansion of a gas plant in the Gulf state, Bahrain's state news agency reported on Wednesday.
Israel Names Attorney Michal Halperin to Head Anti-Trust Agency
Wednesday, January 27, 2016 Israeli Prime Minister Benjamin Netanyahu appoints lawyer Michael Halperin to run the Anti-Trust Authority after a dispute over natural gas reserves led to the resignation of her predecessor.
Roxi Retains GCA to Evaluate BNG Asset
Wednesday, January 27, 2016 Roxi Petroleum plc retains Gaffney, Cline & Associates to evaluate the company's flagship BNG asset.
Range Resources Ltd Production, CAPEX in Decline
Wednesday, January 27, 2016 Range Resources Limited's CAPEX and average daily oil and gas production decreases during 4Q 2015.
CNOOC: Kenli 10-4 Oilfield Starts Production
Wednesday, January 27, 2016 The Kenli 10-4 oilfield, located in the South of Bohai, commences production.
IMF, World Bank Discussing Possible Aid to Oil Exporter Azerbaijan
Wednesday, January 27, 2016 The International Monetary Fund and World Bank are discussing possible financing assistance for Azerbaijan to help it cope with mounting currency pressures and other fallout from a steep drop in oil prices, the institutions confirmed on Wednesday.
U.A.E. Sees Global Oil Glut Easing Even With Added Iran Supplies
Wednesday, January 27, 2016 The global oversupply of crude will decline this year even after Iran adds an expected 500,000 barrels a day in oil output, United Arab Emirates Energy Minister Suhail Al Mazrouei said.
SHI Awards Ichthys LNG Project CPF Hook-up Services Contract to Clough
Wednesday, January 27, 2016 Samsung Heavy Industries awards a hook-up services contract for Australia's Ichthys liquefied natural gas project central processing facility to Clough.
Russia Beats Saudis as Top China Crude Supplier for 4th Month in 2015
Tuesday, January 26, 2016 Russia beat Saudi Arabia as China's top crude oil supplier for the fourth month in 2015 during December thanks to robust demand from independent Chinese refiners.
Novatek Increases Total Proved Reserves
Tuesday, January 26, 2016 Novatek's total proved reserves increase to 12.817 million barrels of oil equivalent in 2015, from 12.643 million barrels of oil equivalent in 2014.
Jura Energy Updates on Sara-4 Well Ops in Pakistan's Middle Indus Basin
Tuesday, January 26, 2016 Jura Energy updates on operations at the Sara-4 development well in the Sara Lease, Middle Indus Basin, Pakistan.
JDR Secures Subsea Umbilicals Contract with Marathon Oil
Tuesday, January 26, 2016 JDR secures a services contract from Marathon Oil for the design and manufacture of seven miles of power and static subsea umbilicals, with accompanying termination hardware, for the West Brae field.
CNPC, Chevron Commence Production at Chuandongbei Gas Project in Sichuan
Tuesday, January 26, 2016 CNPC says the Chevron-operated Chuandongbei sour gas project in Sichuan Basin in southwest China commences production.
FMC Inks $180M Subsea Contract with Woodside for WA's GWF-2 Project
Tuesday, January 26, 2016 FMC Technologies inks a $180 million subsea production systems contract for the Greater Western Flank Phase 2 Project off Western Australia.
Statoil Enlists Aker for Johan Castberg FPSO Concept Study
Tuesday, January 26, 2016 Aker Solutions is enlisted by Statoil to provide a concept study for a floating production, storage and offloading facility for the Johan Castberg oil field development in the Barents Sea.
Australia's Subsea Engineering Associates Bags Baltic Gas Project Contract
Tuesday, January 26, 2016 Australia's Subsea Engineering Associates bags a design, procurement and construction management contract for the Baltic Gas Project offshore Poland.
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