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Oil&Gas Drilling
Huge New Field Sends Norway’s Oil Production To 9-Year-High
The start-up of the massive Johan Sverdrup oilfield sent Norway’s oil production rising to a nine-year high in December 2019, beating the authorities’ forecas…
Crude
China’s Top Oil Firm Sees Demand Growth Cut in Half in 2020
The world’s biggest oil import market could see demand growth in 2020 of just half of last year’s levels as the trade war’s ripple effects continue to be fel…
Oil & Gas Trade
Woodside JV Approves Senegal's First Oil Project
Oil and gas major Woodside Petroleum on Friday announced that the joint venture (JV) partners have approved the development of Phase 1 of the Sangomar field dev…
LNG
Qatar Petroleum and Kuwait Petroleum Corporation Sign Agreement to Supply 3 Million Tons of LNG
Qatar Petroleum and Kuwait Petroleum Corporation (KPC) entered into a long term Sale and Purchase Agreement for the supply of up to 3 million tons per annum of …
Somalian parliament approves new petroleum law - minister
The upper house of Somalia’s parliament on Monday approved a new petroleum law, which aims to provide a regulatory framework that will help to attract investme…
Nigeria Final Passage of PIB Expected By Mid 2020, Says Sylva
The Minister of State for Petroleum Resources, Chief Timipre Sylva, has said the review of the Petroleum Industry Bill (PIB) is at an advanced stage, while the …
Oil & Gas Trade
Venezuela's PDVSA to Deliver Gasoline to Fuel-starved OPEC Nation
With an emoji of a flexing bicep, Venezuelan state oil company Petróleos de Venezuela, S.A., or PDVSA, on Tuesday celebrated what was once a routine task in th…
Oil & Gas Trade
Petrofac Clinches Deals Worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).
Oil & Gas Trade
‘OPEC+ may Consider Ending Production Cuts in 2020’
The Organisation of Petroleum Exporting Countries and non-OPEC allies, including Russia, may consider ending their oil output curtailment deal next year in orde…
Oil & Gas Trade
Russia:OPEC+ May Consider Ending Oil Cuts by 2020
The Organization of the Petroleum Exporting Counters and its allies, known as OPEC+, may consider wrapping up their oil output reduction in 2020, Russian Energy…
Egypt Signs 4 Oil, Gas Deals Worth 155 mln USD
Egypt's Minister of Petroleum Tarek al-Molla on Wednesday said four new agreements valued at 155 million U.S. dollars were signed with local and international c…
Seplat
SEPLAT Petroleum Development Company Plc (SEPLAT) is a leading indigenous oil and gas exploration and development company with a strategic focus on Nigeria, lis…
Petroleum Equipment and Services Association
The Petroleum Equipment & Services Association (PESA) is the unified voice for the energy industrys service, supply and manufacturing organizations, advocating …
Lundin Petroleum
Lundin Petroleum was founded in 2001 and entered the Norwegian Continental Shelf in 2003. Since then, we have grown to become one of the largest operated acreag…
Alpha Petroleum
Alpha Petroleum Resources Limited (Alpha) is a privately owned UK company focussed on the United Kingdom offshore basins. It currently operates all of the 12 Bl…
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