CNPC | Egypt Oil & Gas

ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project

Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...

China’s CNPC Eyes New Shale Oil Production From Daqing Oilfield

China National Petroleum Company (CNPC) announced that it plans to produce new shale oil from formations within the area of the existing Daqing oilfield, Reuters reported. According to a statement,  new production pro...

PetroChina Starts Processing First Russian Crude

PetroChina’s subsidary, Daqing, has started processing its first batch of Russian crude oil after completion of plant upgrade, according to Reuters. Daqing Petrochemical Corporation is now expected to process in...

Zenith Energy Expands Tunisian Portfolio

Zenith Energy has signed a conditional sale and purchase agreement (SPA) with Tunisian oil and gas company, CNPC, for the working interest in the Sidi El Kilani concession, according to a press release.  It is reporte...

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...

South Pars Drilling Project to be Taken Over by Iranian Company

The Iranian oil minister, Bijan Namdar Zanganeh, said an Iranian drilling company is set to take over drilling project in phase 11 of the country’s South Pars project as French company Total and China National Petrole...

NPCC Signs Two MoUs with Chinese Energy Firms

The UAE’s National Petroleum Construction Company (NPCC) has signed memoranda of understanding (MoUs) with two leading Chinese energy entities, Zawya reported. The Emirati company believes the agreements will help it ...

Al Yasat Petroleum Awards FEED Contract to NPCC, Petrofac

Al Yasat Petroleum Company has awarded a Front End Engineering Design (FEED) services contract to the National Petroleum Construction Company (NPCC) and its joint venture (JV) partner Petrofac for the Belbazem Block D...

Sinopec, CNPC Halts Buying Iranian Oil

China Petrochemical Corporation (Sinopec Group) and China National Petroleum Corporation (CNPC) has stopped purchasing Iranian oil in May, according to industry sources, Reuters reported. The decision of the two corpo...

Iraq, China’s CPECC Ink $1.07 B Deal for Halfaya Oilfield

Iraq and China Petroleum Engineering and Construction Corporation (CPECC), an affiliate of China National Petroleum Corporation (CNPC), signed a deal to build and operate facilities to process Iraqi Halfaya oilfield’s...

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