Petrofac Awarded Jihar Gas Plant Project in Syria

Monday, March 24th, 2008

Petrofac, the international oil & gas facilities service provider, has received a letter of intent for the award of a Euros €291 million (US$454 million) lump-sum contract by the Hayan ...


Gas Discovery in Tanzania

Tuesday, March 18th, 2008

Aminex PLC (“Aminex”) announces a successful result from the drilling of Kiliwani North -1 (“KN-1”), offshore Tanzania in the Nyuni/East Songo-Songo licence area. KN-1 has intersected a substantial gas column ...


NIGERIA News: Gas update

Monday, March 17th, 2008

Government figures in Nigeria could be eyeing up a US$20 billion raid on energy companies. As much as 30 percent of the country's gas production may be set aside for ...


Chevron Announces Green Light for Multi-Billion Dollar Gas Project in Thailand

Monday, March 10th, 2008

Platong Gas II to add 420 million cubic feet of natural gas per day processing capacity BANGKOK, Thailand & SAN RAMON, Calif.--(BUSINESS WIRE)--Chevron Corporation (NYSE:CVX) today announced that the company and ...


UOP to Establish Natural Gas Processing Design and Operations Center in Malaysia

Thursday, March 6th, 2008

DES PLAINES, Ill.--(BUSINESS WIRE)--UOP LLC, a Honeywell (NYSE:HON) company, announced today that it will establish a natural gas processing design center in Kuala Lumpur, Malaysia, to better support the Southeast ...


Afren signs Production Sharing Contracts for two licences in the gas rich Anambra Basin in Nigeria

Monday, March 3rd, 2008

London, 3 March 2008 - Afren plc ("Afren" or “the Company”) announces that, as part of its strategy to aggregate and commercialise stranded gas assets in Nigeria, the Company has signed ...


Industrial Nanotech, Inc. Announces Commencement of Project at GASCO Gas Processing Plant in Abu Dhabi, UAE

Wednesday, February 27th, 2008

NAPLES, Fla.--(BUSINESS WIRE)--Industrial Nanotech, Inc. (Pink Sheets:INTK), an emerging global leader in nanotechnology, announced the commencement of an initial application today of the company’s patented Nansulate® coatings by Abu Dhabi ...


Reliance Strikes Eighth Gas Discovery in Block NEC – 25 in the Mahanadi Basin

Wednesday, February 27th, 2008

Mumbai, February 26, 2008: Reliance Industries Limited (RIL) is pleased to announce yet another gas discovery in NEC-OSN 97/2 (NEC-25) block located in the NEC-Mahanadi offshore basin, off the Orissa ...


First Reserve Corporation to Acquire CHC Helicopter Corporation For Canadian $3.7 Billion in Largest-Ever Oilfield Services Buyout

Monday, February 25th, 2008

Partnership to Help Strengthen CHC’s Growth Mission as Largest Helicopter Services Company   Greenwich, Conn.; Houston; London and Vancouver -- February 22, 2008 -- CHC Helicopter Corporation (“CHC”) (TSX: FLY.A and FLY.B ...


Kosmos Energy Makes Second Oil Discovery Offshore Ghana

Monday, February 25th, 2008

Successful Odum-1 Exploration Well Confirms Significant New Regional Oil Province DALLAS--(BUSINESS WIRE)--Kosmos Energy announces today that the company has made a second significant oil discovery offshore the Republic of Ghana on ...


AP PLC AND ZENON PETROLEUM AND GAS TO MERGE

Wednesday, February 20th, 2008

The biggest company in the downstream sector of the Nigerian oil and gas sector is set to emerge when the proposed merger of Zenon Petroleum and Gas and African Petroleum ...


Eni 2008-2011 Strategic Plan and Targets

Friday, February 15th, 2008

Main targets: Production growth: 4.5% CAGR to 2011, raised from previous 4% CAGR target to 2010 Reserve replacement ratio: >100% in the 2008-2011 period Strengthen European gas market leadership Efficiency target ...


ConocoPhillips Reassessing How Best To Advance Alaska Natural Gas Pipeline

Thursday, February 14th, 2008

HOUSTON, Feb. 14, 2008 --- ConocoPhillips [NYSE:COP] announced today that it is reassessing how best to advance the Alaska North Slope gas pipeline project as a result of the lack ...


First Gas Discovery in Deepwater Block in the Krishna Basin

Thursday, February 14th, 2008

Mumbai, February 13, 2008: Reliance Industries Limited (RIL) is pleased to announce the first gas discovery in exploratory block KG-DWN-2003/1 (KG-V-D3) of NELP-V. The block KG-DWN-2003/1 is located about 50 ...


Alaska North Slope Natural Gas to Warm Fairbanks

Wednesday, February 13th, 2008

FAIRBANKS, Alaska--(BUSINESS WIRE)--Exxon Mobil Corporation (NYSE:XOM) and Fairbanks Natural Gas LLC (FNG) today announced a long-term contract to supply Alaska North Slope gas to FNG customers in Interior Alaska. ExxonMobil Gas ...


NYMEX Sets Daily Volume Records for Total Natural Gas Futures, Natural Gas Futures on CME Globex®

Tuesday, February 12th, 2008

NEW YORK, Feb. 12  /PRNewswire-FirstCall/ -- The New York Mercantile Exchange, Inc., a subsidiary of NYMEX Holdings, Inc. (NYSE: NMX), today announced that it set daily volume records for total ...


Resumption of Gas Production offshore Turkey

Tuesday, February 12th, 2008

CALGARY and LONDON, February 11, 2008 - Stratic Energy Corporation (TSX Venture: ‘SE’,AIM ‘SE.’) (“Stratic” or the “Company”) announces that production has re-commenced from its Black Sea gas fields offshore ...


February Symposium: World Oil Peak - Out of Gas

Tuesday, February 12th, 2008

--(BUSINESS WIRE)--GIVE:    Who:   Dr. David L. Goodstein, Professor of Physics and Applied Physics at the California Institute of Technology, will discuss the current oil crisis and the harmful repercussions that will occur ...


Eni announces new gas and power price offer

Tuesday, February 12th, 2008

With the new offer "Prezzo Certo Decrescente" ("Reducing fixed price"), Eni's power and gas prices will be capped for two years and will decrease in the second year. As part ...


Nigeria’s Oando Acquires Two Swamp Rigs for Niger Delta Ops

Monday, February 11th, 2008

7th February 2008 OANDO ACQUIRES TWO SWAMP RIGS FOR N11.7 BILLION Oando Energy Services, a leading integrated oilfield services company that provides products and services to major upstream companies operating in Nigeria ...


Polish gas monopolist PGNiG inks deal to develop gas fields in Iran

Monday, February 11th, 2008

WARSAW.  FEBRUARY  11.  INTERFAX  CENTRAL EUROPE - Polish gas monopolist PGNiG has  signed  a  letter  of intent with Offshore Oil Company on co-operation  concerning  development  of previously discovered Iranian gas ...


RWE Dea awarded new concession in Libya

Monday, February 4th, 2008

German RWE Dea has been awarded concession 58 in the Cyrenaica plateau in the latest licencing round in Libya. The agreement for the new con-cession was signed at the headquarters ...


Angola LNG Limited Licenses ConocoPhillips Natural Gas Liquefaction Technology

Friday, February 1st, 2008

HOUSTON--(BUSINESS WIRE)--ConocoPhillips (NYSE:COP) today announced a license agreement with Angola LNG Limited for the application and use of ConocoPhillips’ proprietary natural gas liquefaction technology. The agreement provides a license to ...


BP Egypt today announced that it has made a significant gas discovery at record depths in the Nile Delta.

Thursday, January 31st, 2008

The Satis discovery is located in the North El Burg Offshore, Nile Delta concession, some 50 kilometres north of Damietta. The well was drilled to a Nile Delta record depth ...


Egyptian Farm-In

Wednesday, January 30th, 2008

29 January 2008:   Circle Oil plc (AIM: COP), the oil and gas exploration and development group, is today pleased to announce that Circle Oil Egypt Ltd (COEL), its wholly owned subsidiary, ...