Abu Dhabi National Oil Company is seeking to raise billions of dollars from its natural-gas pipelines, months after the state-owned explorer got a US$4 billion investment in its oil infrastructure assets, according to people familiar with the matter. Adnoc is speaking to financial advisers…
Total and Tatweer Petroleum – Bahrain Field Develop Company, have signed a Memorandum of Understanding for cooperation in oil and gas exploration, knowledge sharing, and supply of LNG to Bahrain. Bahraini King Mohamed bin Khalifa bin Ahmed Al-Khalifa said areas of cooperation including “sharing…
New Zealand Petroleum & Minerals has launched the delayed Block Offer 2018 tender for petroleum exploration permits. The release area is restricted to the onshore Taranaki region, and covers 2,188 square kilometres. ‘The launch of Block Offer 2018 follows consultation with iwi and…
BP and its partners have submitted an environment plan to the National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) for the Ironbark-1 well site survey. In February, BP contracted the Diamond Offshore semi-submersible Ocean Apex to drill the Ironbark-1 exploration well off Western…
Saudi Aramco, the world’s biggest oil exporter, has dipped a toe into the natural gas business by selling its first cargo of the fuel. Aramco sold the shipment of liquefied natural gas from Singapore, Chief Executive Officer Amin Nasser told reporters, without giving additional…
Delek Group has confirmed it has made an offer to buy a package of North Sea assets owned by oil major Chevron. Delek said on the 28th April that, following international media speculation on a sales process for a package of North Sea oil…
Europe needs to take urgent action to deal with the challenges of the 21st century, including tackling climate change and preparing citizens for massive technological developments, a group of the continent’s leading large businesses has said. The European Round Table of Industrialists (ERT), a…
Angola’s new oil and gas regulatory body officially started work last week from an office in central Luanda. The National Agency for Oil & Gas was created in early February to take over the concessionaire activities which were previously handled by state-owned Sonangol, leaving…
State-run Korea National Oil Corporation (KNOC) has hired Canada’s Scotia Bank to help find a financial partner for a 30 percent stake in its British subsidiary Dana Petroleum. The process is expected to kick off in early May, when confidential information packages will be…
Singapore’s rig builder Keppel Offshore & Marine’s subsidiary Keppel FELS has delivered ENSCO 123 jack-up rig to EnscoRowan on schedule and with zero lost-time incidents. Built to an enhanced version of Keppel’s KFELS Super A Class design, the harsh environment jack-up rig has been…
