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Oil And Gas
Gazprom and OMV sign binding Basic Agreement on Asset Swap
Alexey Miller, Chairman of the Gazprom Management Committee, and Rainer Seele, Chairman of the OMV Executive Board, has signed the…
Statoil Signs Agreement to Sell its Oil Sands Business
Statoil has signed an agreement to divest its 100% owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of…
Darren Woods Elected Chairman, CEO of Exxon Mobil Corporation
IRVING, Texas----Rex W. Tillerson, chairman and chief executive officer of Exxon Mobil Corporation, has announced his intention to…
Upstream West Africa Summit 2017, 29th to the 31st March, Lagos, Nigeria
“Moving Projects Forward in a Low Cost Environment”
In March 2017, Lagos, Nigeria will play host to West Africa’s No.1 Annual…
Petrofac Secures US$75 Million Contract with South Oil Company
Petrofac has secured a contract worth US$75 million from South Oil Company (SOC) for its Iraq Crude Oil Export Expansion Project…
Gazprom, DEPA, Edison Held Talks to get an Optimal Route of Russian Gas Exports to Europe
A meeting was held at the Gazprom headquarters between Alexey Miller, Chairman of the Gazprom Management Committee, Marc Benayoun,…
RoPax Ferry takes Shape at Niron Staal
Niron Staal, part of Damen Shipyards Group, has performed a keel-laying ceremony of the hull of a passenger ferry. On completion,…
Technip Announces the Extension of its Successful PTA Alliance with BP to Acetic Acid
Technip has officially announced that it has extended its successful exclusive PTA(1) Alliance with BP to Acetic Acid.
The Acetic…
Mizuho, SMBC, J.P. Morgan to Provide EUR 800 Million credit facility to Gazprom
Gazprom, Japan's Mizuho Bank, Ltd. (Mizuho) and Sumitomo Mitsui Banking Corporation (SMBC), and U.S.-based JPMorgan Chase Bank,…
World’s First Gas Transmission Museum opens in Moscow
The opening ceremony of the multimedia scientific and educational Gas Transmission Museum was held in Moscow. The event was…
Donors Pledges US $7.06 Billion to Support African Economies
A global coalition of donors pledged to support the structural transformation of African economies and the African Development…
PPL Foundation Awards Over Half a Million Dollars to Support Education and Community Revitalization
ALLENTOWN, Pa. -- The PPL Foundation has officially announced the latest recipients of its grant program, which is awarding more…
Gazprom and Rosatom Sign Program for Scientific & Technical Cooperation
Gazprom and the Rosatom state nuclear energy corporation has signed in Moscow the 2017–2019 Program for scientific & technical…
Damen to Build 16 Ferries for the Ivory Coast
Damen Shipyards Group has signed a contract with Société de Transport Lagunaire (STL) to build sixteen shallow-draft passenger…
Eight Multi-billion dollar MoAs signed to develop Nigeria’s Oil and Gas Infrastructure
ABUJA, Nigeria, -- Chongqing Construction Engineering Group Co. Ltd (CCEGC) Chairman/Party Secretary General Mr. Yang Jingpu,…
South Stream Transport, Allseas Group Signs Contract to Build First String of TurkStream’s Offshore…
South Stream Transport B.V. and Allseas Group signed in Amsterdam a contract to build the first string of the TurkStream gas…
Faroe to take over Operatorship of the Oselvar and Trym fields
Petroleum Safety Authority Norway (PSA) has given consent to Faroe Petroleum Norge to takeover operatorship of the Oselvar and…
Norske Shell receives Consent to use the Nyhamna Gas Plant Expansion Facilities
The Petroleum Safety Authority Norway (PSA) has given A/S Norske Shell consent to use the Nyhamna Gas Plant Expansion Facilities.…
Chevron Announces $19.8 Billion Capital and Exploratory Budget for 2017
SAN RAMON, Calif.---- Chevron Corporation has officially announced that $19.8 billion capital and exploratory investment program…
Gazprom: Alexey Miller and Israeli Ambassador to Russia Held Talks on Potential Energy Cooperation
A meeting was held between Alexey Miller, Chairman of the Gazprom Management Committee, and Zvi Heifetz, Ambassador Extraordinary…
TransCanada To Proceed With $655 million Saddle West Natural Gas Project
CALGARY, ALBERTA-- TransCanada Corporation has officially announced that its wholly-owned subsidiary, NOVA Gas Transmission Ltd.…
Fugro’s LADS Technology Deployed in Response to New Zealand Earthquake
Fugro’s LADS technology is being deployed in New Zealand to assist in relief efforts following the damaging 7.9 magnitude…
Budapest celebrates 20th Anniversary of Russian Gas Supplies to Panrusgas, Hungary
Budapest hosted a festive events dedicated to the 20th anniversary of signing long-term contracts with Panrusgas Gas Trading Plc…
Wood Group and Heerema Signs Memorandum of Understanding
Wood Group and Heerema Fabrication Group (HFG) have signed a Memorandum of Understanding (MoU). The companies will join efforts to…
BP’s Refrigerated LPG site in Grangemouth close to Completion
Amec Foster Wheeler has officially announced that that work is nearing completion on a major new refrigeration plant at BP’s…
Statoil Awarded Licences in Mexico’s Deepwater Round
Statoil has been awarded blocks 1 and 3 in the Saline Basin in the Deepwater exploration tender in the Mexican Round 1. The blocks…
Subsea Integration Alliance receives Deepwater Integrated EPCIC Contract
HOUSTON, —Subsea Integration Alliance has receieved the industry’s first deepwater integrated subsea engineering, procurement,…
Petrofac Secures North Sea Contract Extension
Petrofac is set to build on its provision of integrated support services on the Cygnus gas field following the award of a four and…
Suez and Total Partner to Convert Cooking Oil into Biofuel
SUEZ and TOTAL are joining forces to collect and recycle used cooking oil in France. As part of their 10-year partnership, SUEZ…
Total receives Exploration Blocks Contract in Offshore Mexico
Paris - Total has been awarded exploration licenses on 3 Blocks in offshore Mexico, following the country’s first competitive deep…