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December 2014

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Sheridan raises $1.5bn to buy onshore US oil and gas assets
19 December 2014 Houston-based oil and gas operating company Sheridan Production Partners has raised $1.5bn in equity commitments to acquire onshore US producing oil and gas...

Rosneft and Transeft sign tariff agreement for ESPO pipeline extension
19 December 2014 Rosneft and Transneft have signed an agreement to design and build the East Siberia-Pacific Ocean (ESPO) trunk pipeline offshoot to the Komsomolsk refinery in the Russian Far East...

New York bans hydraulic fracturing over health risks
18 December 2014 The US state of New York has decided to not to go ahead with hydraulic fracturing, or fracking, over health...

Technip wins onshore oil and gas terminal project in India
18 December 2014 Technip has secured a contract worth about €100m from Oil and Natural Gas Corporation Limited (ONGC) to construct an onshore terminal at Odalarevu in Andhra Pradesh, India....

Tall Oak Midstream implements ESI's GasStream software
17 December 2014 US-based Tall Oak Midstream has started commercial utilisation of the GasStream software from Energy Solutions International...

Repsol to buy Talisman Energy for $8.3bn
17 December 2014 Spanish energy firm Repsol has agreed to acquire Canadian oil and gas company Talisman Energy for $8.3bn, in addition to assumed debt of...

Apache to sell stakes in two LNG projects to Woodside Petroleum for $2.75bn
16 December 2014 Apache intends to sell its stakes in two liquefied natural gas projects to Woodside Petroleum, an Australian oil and gas producer, for...

Turkey opens $3bn fuel-oil recycling facility at Izmit refinery
16 December 2014 Turkey’s only oil refiner Turkish Petroleum Refineries has opened a $3bn fuel-oil recycling facility in Izmit refinery, which will help boost capacity of high value added products....

Taipan signs rig contractor and drilling operator for onshore Kenya well
15 December 2014 Taipan Resources has signed on a rig contractor and drilling operator for its Badada-1 well, onshore...

Operations start at Sunrise Phase 1 oil sands project in Canada
15 December 2014 Operations have been started at the Sunrise Phase 1 in-situ oil sands project in Alberta,...

Qatar Kentz wins EPCM contract for Pearl GTL project
12 December 2014 Qatar Kentz, a member of the SNC-Lavalin Group, has secured an EPCM contract for Qatar Shell’s Pearl Gas-To-Liquids (GTL) onshore and offshore...

Rosneft to supply oil to Essar refineries in India
12 December 2014 Russian oil and gas firm Rosneft has agreed to supply oil and oil products to Essar refining facilities in...

President Energy discovers hydrocarbons at Lapacho x-1 well in Paraguay
11 December 2014 President Energy has encountered hydrocarbon shows at the Lapacho x-1 well in the Santa Rosa Formation in...

Serinus Energy identifies several gas zones at Romanian exploration well
11 December 2014 Oil and gas exploration and production firm Serinus Energy has identified several gas zones at the Moftinu-1001 exploration well in...

BG Group to sell Australian pipeline for $5bn
10 December 2014 Oil and gas firm BG Group has agreed to sell its subsidiary QCLNG Pipeline to Australia’s natural gas services provider APA Group for about...

BP plans $12bn investment in Egypt to increase gas supplies
10 December 2014 BP is planning to spend over $12bn in Egypt in the next five years and increase gas supplies to the local market in the next...

South Africa’s SacOil signs agreement to study $6bn gas pipeline project
09 December 2014 SacOil has signed a joint development agreement with the Public Investment Corporation SOC and the Instituto de Gestão das Participações do Estado (IGEPE) to study a possible $6bn gas...

Oilex completes proof-of-concept objectives for Cambay field in India
09 December 2014 Australian oil and gas exploration firm Oilex has completed proof-of-concept objectives for the commercial development of the Cambay field in...

Tennessee Gas Pipeline adopts alternative routes for Northeast Energy Direct project
08 December 2014 Kinder Morgan's subsidiary Tennessee Gas Pipeline Company (TGP) is adopting two alternative routes for its proposed Northeast Energy Direct project, which will serve the New England...

GAIL (India) to buy 2.5 MTPA of LNG from WGL Midstream
08 December 2014 GAIL (India) subsidiary GAIL Global USA LNG has signed a sourcing agreement with the US-based WGL Midstream (WGLM) to buy about 2.5 MTPA of LNG at the Cove Point Terminal in...

Egdon exercises option with Scottish Power to earn interest in two UK licenses
05 December 2014 Egdon Resources has exercised its exploration option and farm-in agreement with Scottish Power Generation (SPG) to earn an interest in two UK...


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