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Sui Southern Gas to Build $615.7 Million Re-gasified LNG Pipeline Project, Pakistan
April 25, 2017
The Sui Southern Gas Company (SSGC) is reportedly planning to build a second re-gasified liquefied natural gas (RLNG) pipeline from Karachi to Lahore in Pakistan. Expected to cost Rs64.9bn ($615.7m), the 42-inch diameter pipeline project is planned to be completed
Rosneft Completes $700 Million Acquisition of Kondaneft Oil Fields, Russia
April 19, 2017
Russian oil giant Rosneft has completed the acquisition of a 100 percent stake in the Kondaneft group of oil fields spread across West Siberia in Russia for RUB40bn ($700m). The Kondaneft project is developing the Kondinsky, Zapadno-Erginsky, Novo-Endyrsky and Chaprovsky
Wood Group Secures FEED Contract for Statoil’s Snorre Expansion Project, Norwegian North Sea
April 17, 2017
John Wood Group (Wood Group) has been awarded a contract with Statoil to provide front end engineering design (FEED) to the subsea flowline system of the Snorre Expansion Project in the Norwegian North Sea. The contract will be delivered by
India-UK Energy Form Growth Partnership
April 17, 2017
India’s Minister for Power, New & Renewable Energy, Coal and Mines, Piyush Goyal, and the UK’s Secretary of State for Business, Energy and Industrial Strategy, Greg Clark, took forward the commitment of their Prime Ministers for an enhanced Energy for
ExxonMobil and Qatar Petroleum Sign Oil and Gas Exploration Deal with Cyprus Government
April 17, 2017
Qatar Petroleum and ExxonMobil have signed a contract with the Cyprus government for oil and gas exploration and production offshore Block 10 in the Mediterranean Sea. The contract signing follows the completion of bidding round under the third licensing round
China Opens Delayed Myanmar Oil Pipeline to Get Mideast Crude Faster
April 17, 2017
A crude pipeline to southwestern China through its neighbor Myanmar began operations after years of delays, allowing the world’s second-biggest oil user to receive supplies faster from the Middle East and Africa. A Suezmax-sized tanker, which can hold 140,000 metric
GAIL Awarded Piping Contract for Kochi–Mangaluru Gas Pipeline Project
April 12, 2017
GAIL awarded contract for pipeline laying work for another 105km section from Perole-Kodalamuguru- Mangaluru section. Shri B C Tripathi, CMD, GAIL (India) Limited met Honorable Chief Minister of Kerala Shri Pinarayi Vijayan to apprise him about the progress of work
Craig International Signs Global Agreement with Shell for Its Craig Collaboration Services
April 12, 2017
Craig International has signed a global agreement with energy major, Shell to provide services for equipment stock resale. The oilfield procurement specialist recently launched Craig Collaboration to provide companies with the opportunity to reduce wastage and duplication, recoup financial outlay
China’s Sinopec to Invest $29 Billion to Upgrade Four Refineries
April 10, 2017
Chinese oil and gas company Sinopec Group is planning to invest CNY200bn ($29.05bn) to upgrade its four main oil refineries in the country through 2020. The investment is intended to help the firm produce higher-quality fuels at the four refineries
Saffron Energy Extends Offtake Agreement with Shell Energy Italia
April 7, 2017
Natural gas developer and producer Saffron Energy announces the extension of the natural gas offtake contract between its Italian subsidiary Northsun and Shell Energy Italia (Shell Energy Italia), a subsidiary of Shell- for energy commodity trading and marketing. The contract
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