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23 May 2019
Metgasco and Vintage sign agreement for ATP 2021 permit in Queensland
Metgasco has signed a heads of agreement (HoA) with Australian company Vintage Energy covering the ATP 2021 permit in Queensland’s onshore Cooper-Eromanga basins.
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22 May 2019
TechnipFMC wins EPC contract for Arctic LNG 2 project in Russia
TechnipFMC has won a contract to provide engineering, procurement, supply, construction and commissioning services for Novatek’s planned $21bn Arctic liquefied natural gas (LNG) 2 project in Russia.
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22 May 2019
US oil firm Isramco signs merger agreement with Naphtha Group
Independent oil and natural gas company Isramco has signed a definitive merger agreement with Naphtha Israel Petroleum (Naphtha), Naphtha Holding (NHL), Israel Oil Company (IOC) and Naphtha US Oil, under...
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21 May 2019
CNPC enters Myanmar fuel retailing market with Singapore brand
China National Petroleum Corp (CNPC) plans to establish petrol stations in Myanmar, making it the first major foreign investor to enter the South-East Asian fuel market.
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21 May 2019
Carlyle Group considers sale of 25% stake in crude oil export terminal
US-based private equity firm Carlyle Group is reportedly in talks with three unidentified companies to sell a 25% stake in its crude oil export terminal in Corpus Christi, Texas.
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20 May 2019
US FERC okays expansion of Freeport LNG export terminal
The US Federal Energy Regulatory Commission (FERC) has approved the planned expansion of Freeport LNG’s export terminal on Quintana Island near Freeport, Texas.
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20 May 2019
Obsidian Energy to sell stake in Peace River Oil Partnership
Canadian oil and natural gas production company Obsidian Energy has reached an agreement to sell its 55% working interest in the Peace River Oil Partnership (PROP) to an unidentified buyer.
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17 May 2019
Santos to purchase 14.32% stake in P’nyang gas field in PNG
Santos has signed a binding letter of intent to acquire a 14.32% equity interest in Petroleum Retention Licence 3 (PRL 3), which contains the P’nyang gas field in Papua New...
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17 May 2019
Gazprom Neft reports production milestone at Sarqala field
Gazprom Neft Middle East has achieved a production milestone at its Sarqala field located in the Garmian block of the Kurdistan Region of Iraq (KRI), producing its two-millionth tonne of...
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16 May 2019
Mozambique approves Rovuma LNG development plan
Mozambique Rovuma Venture has secured approval from the Government of Mozambique for its development plan for the Rovuma liquefied natural gas (LNG) project.