ADNOC Contracts CNCP in $1.6B Seismic Survey Deal
Abu Dhabi National Oil Company has awarded contracts worth $1.6 billion to China National Petroleum Company (CNPC) affiliate, BGC Inc., for the world’s largest onshore and offshore 3D seismic survey.
CNPC | Egypt Oil & Gas - Part 2
Iraq to Increase Production from Rumaila
Iraq aims to increase production at the Rumaila oilfield by 50,000 barrels per day (b/d) in 2018.
CNPC Expresses Interest in Iraq’s Majnoon
China National Petroleum Corporation (CNPC) is interesting in developing the Majnoon oilfield in Iraq
ADNOC Awarded 12% Onshore Stake to China
Abu Dhabi National Oil Co., the UAE’s main state oil firm, announced late February that it has awarded a combined 12% stake in a mega onshore venture to two Chinese companies, CEFC China Energy Co. and China National ...
Eni Seeks Investments for Mozambique’s Gas Field
Italian oil firm Eni has approached banks for billions of dollars to finance Mozambique's huge offshore gas development.
Iraq to Review Oil Foreign Contracts
Iraqi Oil Minister, Jabar Ali Al-Luaibi, stated that Baghdad wants to review contracts with oil companies to cut the fees that the firms receive when crude prices are low.
China Eying Oil, Gas Investments in Sudan
The Sudanese Minister of Oil and Gas, Dr. Mohamed Zayid Awad, has stated that Chinese companies are willing to invest in Sudan's oil and gas industry, with reference that China already holds 75% of foreign oil invest ...
CNPC to Construct Second China-Russia Oil Pipeline
China National Petroleum Corp. (CNPC) will start laying a second domestic oil pipeline in June to allow for increased Russian crude supplies to flow to China’s northeastern city of Daqing. Chinese Firm to Build Cambodia’s First Oil Refinery
An engineering unit of China National Petroleum Corporation (CNPC) won a $620m contract to build Cambodia's first oil refinery. The refinery is located in Cambodia's southwestern Preah Sihanouk province.
