News / International
France Warns IS Threatening Libya’s Oil Fields
French Ministry of Defense warned that IS forces were moving inland from their coastal strongholds into Libya’s oil wells areas aiming to overtake the oil fields, while ruling out a military intervention.
IOG, Transocean Sign North Sea Oil Drilling Contract
Independent Oil and Gas (IOG), the North Sea focused oil and gas company, has signed a rig contract with Transocean Drilling procuring the Transocean John Shaw semi-submersible rig to drill an appraisal well on the Skipper oil discovery in the UK sector of the North sea.
Shell to Shut Down Key Qatar Facility for Maintenance
Royal Dutch Shell announced its plans for a major maintenance shutdown of its Train 2 facility at its Pearl gas-to-liquids (GTL) plant in Qatar for up to two months in March 2016.
Mubadala Strikes Strategic Agreement with China National Petroleum
The UAE's Mubadala Petroleum and China National Petroleum Corporation (CNPC) have signed an oil and gas exploration and production co-operation agreement.
Sinopec Entrenches its Reach in Maritime Southern Asia
China Petrochemical Corp., Sinopec announced its plan to build a gasoline filling station and a storage depot at its outpost in the disputed Paracels Island in the South China Sea to ramp up its fuel supplies.
APR Energy Extends its Power Generation Contracts in Angola, Iraq
APR Energy, a global leader in fast-track power solutions, has signed an extension agreement in Angola to prolong its power generation contract for the next six months with a goal to provide 40MW of power at the Rocha Pinto site near Angola’s capital.
Paris Climate Change Conference Reached Historical Accord
At the Paris climate change conference, 195 countries have reached an unprecedented accord to commit nearly all states to lowering greenhouse emissions aiming at decreasing dangerous climate change effects.
Nigerian Navy Fined for Illegal Vessel Detention
A Lagos-based court has ordered the Nigerian Navy and its Chief of Naval Staff to jointly pay a fine of up to $1m to the British Mercury Oil & Gas company, based in Farnham, in a settlement over damage caused by illegal detention of company's vessel M T SAPPHIRE 1 in 2014.
