CNOOC | Egypt Oil & Gas - Part 3
ExxonMobil Makes 18th Discovery Offshore Guyana
US supermajor, ExxonMobil, has announced the discovery at the Redtail-1 well which will add to the previously estimated recoverable resources of more than 8 billion barrels of oil equivalent (bbboe) on the Stabroek Bl...
ADNOC Transfers Concession Rights to CNOOC from CNPC
The Abu Dhabi National Oil Company (ADNOC) has agreed to transfer the rights of Lower Zakum, Umm Shaif, and Nasr offshore from the China National Petroleum Corporation (CNPC) to China National Offshore Oil Corporation...
CNOOC, Shell Invest $5.6 B in New Ethylene Project
China National Offshore Oil Corp (CNOOC) and Shell Petrochemicals Company Ltd signed a strategic cooperation framework agreement with Shell worth $5.6 billion for a new phase of its ethylene project, according to Xinh...
ADNOC, CNOOC Sign Agreement During UAE-China Economic Forum
Abu Dhabi National Oil Company (ADNOC) and China National Offshore Oil Corporation (CNOOC) have signed an agreement for collaboration in liquefied natural gas (LNG), as well as upstream and downstream sectors, Reuters...
CNOOC Teams Up with FAR to Search for Oil and Gas, West Africa
China’s CNOOC Ltd has agreed to collaborate with Australian minnow FAR Ltd to search for oil and gas prospects in what is considered to be en encouraging frontier off Senegal and Gambia over the next two years, ...
Tullow Sells Uganda Assets to Total for $900m
UK’s Tullow Oil plc announced that it agreed to farm-down 21.57% of its 33.33% interests in Exploration Areas 1, 1A, 2 and 3A in Uganda to Total E&P Uganda B.V. (Total) for a total consideration of $900m, Eu...
Uganda Likely to Produce First Oil by 2020
Uganda has come closer to materializing its plan to produce first oil by 2020. Partners in Uganda’s oil and gas are closer to making a final investment decision (FID) following the announcement that three companies wi...
PTTEP to Decide on Hassi Bir Rekaiz
PTT Exploration and Production Plc’s (PTTEP) Executive Vice President for Finance and Accounting, Pannalin Mahawongtikul, declared that PTTEP is close to finalizing an investment decision towards the onshore Has...
