Eni strengthens its presence in the Cyprus Offshore

Eni announces that has finalized a farm-in agreement with Total to acquire 50% Participating Interes...

Algeria Sonatrach to invest $50 billion, boost crude output

Algeria’s state-run energy producer plans to boost crude oil output by 14% in the four years to 2019...

Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

Natixis, IBM and Trafigura have pioneered the first blockchain solution in commodity trade finance f...

Ecopetrol announces oil discovery at Santander

Ecopetrol S.A. (BVC: ECOPETROL; NYSE: EC) (“Ecopetrol” or the “Company”) reports that the Boranda-1 ...

Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

Saudi Arabian Oil Company (Saudi Aramco) today signed two separate Memorandums of Understanding with...

Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the...

  • Eni strengthens its presence in the Cyprus Offshore

  • Algeria Sonatrach to invest $50 billion, boost crude output

  • Natixis, IBM and Trafigura introduce first-ever Blockchain solution for U.S. crude oil market

  • Ecopetrol announces oil discovery at Santander

  • Saudi Aramco, ADNOC, and Masdar Sign MoUs on Collaboration in Oil & Gas Technology

  • Digital Transformation of the oil and gas sector

Offshore

Husky Approves West White Rose Project, Reports New Discovery

Husky Energy is moving forward with the West White Rose Project, offshore Newfoundland and Labrador.The Company and its partners will use a fixed wellhead platform tied back to the SeaRose floating pr

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Abrado Awarded North Sea Multi-string Section Milling Services Contract

Abrado has announced that it has been awarded a contract from a major international North Sea operator for dual-string section milling services utilizing its proprietary Medusa cutting technology.

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NRC Angola Awarded its First Offshore Contract

NRC is pleased to announce the establishment of NRC Angola LDA, a fully operational Angolan entity offering a wide range of industrial and environmental services to the oil and gas industry. Partnerin

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Pipelines & Transport

CNPC and CASIC sign agreement to deepen strategic cooperation

On February 28, CNPC and China Aerospace Science & Industry Corp (CASIC) signed an agreement to deepen strategic cooperation for mutual benefits and win-win results.                    

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SPL / SPM of Balongan Refinery Valued at Rp1.79 trillion is Starting to be Built

The Groundbreaking of submarine pipe line (SPL) and single point mooring (SPM) facilities construction in Pertamina’s Refinery Unit VI Balongan, Indramayu, West Java are conducted today by Minister

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Gazprom and Linde expanding cooperation in oil and gas sector

A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Aldo Belloni, Chief Executive Officer of Linde, took place at the Gazprom headquarters.              

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Onshore

DONG Energy enters an agreement to divest its upstream oil and gas business to INEOS

DONG Energy has today agreed to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of USD 1,050 million (DKK 7.0 billion) on a cash and debt free basis, a contin

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Digital Transformation of the oil and gas sector

The oil and gas industry has always been seen as conservative and resistant to change but due to the recent drop in the oil prices, both the upstream and downstream companies are looking now at innova

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Messoyakha Neftegaz exploring potential for underground gas storage

Messoyakhaneftegaz, a joint enterprise between Gazprom Neft and Rosneft, has obtained a licence from Rosnedra (the Federal Subsoil Resources Management Agency), for geological investigations and a sui

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Downstream

100’s Downstream Project Owners Gather in New Orleans this June

1100+ Project Leads from: Cheniere, ExxonMobil, BASF, Lyondellbasell, OxyChem, INEOS, Total, Dow + hundreds more - position their businesses at the centre of the downstream construction boom by gather

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Saudi Aramco, Petronas Sign Share Purchase Agreement For Equity Participation In Rapid Downstream Project

The Saudi Arabian Oil Company and Petroliam Nasional Berhad signed a Share Purchase Agreement,allowing Saudi Aramco’s equity participation in PETRONAS’ Refinery & Petrochemical Integrated Deve

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ExxonMobil Singapore Refinery to Expand Group II Base Stock Production

ExxonMobil announced today the expansion of its Singapore refinery to support the production of the company’s EHC™ Group II base stocks, which will strengthen the global supply of these products a

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