Indian PM lays Foundation Stone of Oil, Gas Projects in Tamil Nadu
The Indian Prime Minister, Shri Narendra Modi, has laid the foundation stone for oil and gas projects in Tamil Nadu worth ₹32,700 crore.
oil and gas | Egypt Oil & Gas - Part 3
Iraq Signs MoU with Total for Large Projects
The Iraqi Ministry of Oil has signed a memorandum of understanding (MoU) with Total company for cooperating in establishing promising large projects.
Methanex Egypt, the Egyptian Process Safety Management Steering Committee Launch the First Egyptian PSM Website
Methanex Egypt announced today the launch of the Egyptian Process Safety Management (PSM) Steering Committee’s website – www.PSMEgypt.com. The website is the result of the collaboration between the Ministry of Pet ...
Edison Sells Norway Upstream Assets for $300 MM
Italy’s Edison sold its exploration and production (E&P) assets in Norway to Sval Energi, Norwegian oil and gas group, for $300 million to focus on clean energy.
El Molla: Local Manufacturing to Dominate Oil, Gas Equipment
The Minister of Petroleum and Mineral Resources, Tarek El Molla, emphasized the local manufacturing of petroleum equipment to reduce imports and rationalize foreign exchange while visiting Petrojet’s central works ...
Equinor Buys Onshore Assets in Russia
Equinor has agreed to buy a 49% interest in Russian onshore petroleum assets from Rosneft for $550 million (mm).
ADNOC, ExxonMobil Sign Technology R&D Agreement
The Abu Dhabi National Oil Company (ADNOC) has signed with ExxonMobil to jointly explore technology research and development (R&D) opportunities through the upstream oil and gas value chain.
Rusneftekhim Increases Concession Fund in YANAA
Rusneftekhim, Russian Oil Company JSC, raises its concession fund in the YANAA, Yamalo- Nenets Autonomous Area, western Siberia.
Whitecap to Buy TORC Oil for $430 MM
Canadian Oil Producer Whitecap Resources Inc has agreed to buy TORC Oil and Gas Ltd in an all-stock deal valued at $430.81 million (mm).
ExxonMobil in Talks to Buy Stakes in Indian Oil fields
Indian Oil Minister, Dharmendra Pradhan, stated that ExxonMobil is on talks to buy a stake in oil and gas fields in India.
