The National Iranian Oil Co. (NIOC) has released a list of 29 foreign oil and gas firms which have been pre-qualified for its upcoming upstream projects tender round. NIOC is planning to put to a round of tenders several upstream oil…
As of 4 July, the business formerly known as Talisman Sinopec Energy UK has been renamed as Repsol Sinopec Resources UK. This follows the acquisition, in 2015, by Repsol of the global assets of the former Talisman Energy, including a 51% stake in the UK North Sea joint venture with Sinopec…
Nexen Petroleum is to end production from the Ettrick field in the North Sea and remove the floating production facility FPSO Aoka Mizu from the location. Nexen, which is owned by China National Offshore Corporation, terminated a contract with FPSO provider Bluewater in March…
France’s Total and China’s China National Petroleum Co. (CNPC) signed a strategic cooperation agreement to extend the two companies’ existing collaboration. The agreement was signed on 20 March between Patrick Pouyanné, chairman and CEO of Total…
Norwegian technology firm Badger Explorer has signed a memorandum of understanding with China's CNPC DR, signaling the firm's intention to become a full partner in the Badger Explorer development program. The Badger Explorer is a…
Primeline Energy Holdings spudded the LS23-1-1 exploration well on 23 September to tap into resources near its LS36-1 gas field production facility, in the East China Sea. Images from Primeline Energy…
Petrotechnics has completed the implementation of its Proscient software platform on two UK offshore assets operated by Nexen Petroleum UK, a wholly owned subsidiary of China National Offshore Oil Corp. The platform will play a key role…
Norwegian pilot drilling technology firm Badger Explorer has been awarded NOK7.9 million in funding after passing its latest milestones. The Badger Demonstrator Program started in 2012 and has been supported by Statoil, Chevron, ExxonMobil…
Petrel Resources and Clontarf Energy have confirmed that an agreement has been reached with the Ghanaian authorities on the specific revised co-ordinates of the signed Petroleum Agreement on a license Block in the Tano area of Ghana. The…
Australia-head quartered WorleyParsons has agreed a memorandum of understanding (MOU) with Wison Offshore & Marine to jointly work on ship-shaped floating LNG (FLNG), FPSO and other similar offshore oil and gas projects, targeting Australasia…
China National Petroleum Corporation (CNPC) found hydrocarbons on the Zhongjannan exploration project, off the Paracel or Xisha Islands, in the South China, the firm announced. Drilling, using the 2011-delivered, deepwater, HYSY-981…
African Petroleum Corporation has agreed a farm-out deal with Buried Hill Africa on Block CI-509 offshore Côte d’Ivoire (Ivory Coast), west Africa. Buried Hill will get a 10% interest in the block in return for funding 21.1% of the…
China National Offshore Oil Corporation (CNOOC) announced today that it has signed a production sharing contract (PSC) with Eni for Block 50/34 in the South China Sea. Block 50/34 encompasses an area of 2000sq km in the Qiongdongnan Basin of offshore Hainan Island…
FTS International, based in Ft. Worth, Texas, announced today that it has signed a 15-year joint venture agreement with Sinopec Group to bring its well stimulation capabilities and expertise to China. Hydraulic fracturing is recognized as one of the keys to unlocking production in shales…
OAO Yamal LNG closed on a contract to supply China National Petroleum Corporation (CNPC) 3mtpa LNG annually for 20 years from the Yamal LNG project in the Russian Arctic, according to Yamal LNG majority shareholder OAO Novatek. CNPC bought…
