Oil, Gas and Shale
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Qatar Petroleum to Acquire 30% Stake in Chevron’s Exploration Blocks, Offshore Morocco

February 10, 2016

Qatar Petroleum has signed an agreement to acquire 30 percent interest in three deep-water offshore leases in Morocco, from Chevron subsidiary Chevron Morocco Exploration. As part of deal, which was approved by the Moroccan Government, Qatar Petroleum will acquire the

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Wood Group Extends North Sea Contract with Chevron, UK

February 10, 2016

Oil and gas services giant Wood Group is extending its support deal with Chevron in the North Sea. Under the one-year contract, which extends an agreement dating back to 2010, the Aberdeen-based group’s PSN division will deliver operations and maintenance

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Cummins and Sapele Power to Build One of Africa’s Largest Gas-fired Power Plants in Nigeria

February 10, 2016

Deepak Khilnani, chairman of Cummins Cogeneration Ltd. has signed a 300 MW Power Purchase Agreement, PPA, with Sapele Power Plc as part of its plans to build one of Africa’s largest gas-fired power plants. This partnership is coming just weeks

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Witteveen+Bos and BST Global Create Landmark Partnership

February 9, 2016

Netherlands-based engineering consultancy firm Witteveen+Bos and international software company BST Global have created a landmark partnership. Witteveen+Bos has selected BST Global as its enterprise resource planning (ERP) solution provider, making the engineering consultancy the first Netherlands-based firm to implement the

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Jacobs to Carry Out Pre-final Investment Decision Study for Baltic Gas Project, Onshore Poland

February 9, 2016

Jacobs Engineering Group has received a contract to perform a pre-final investment decision (Pre-FID) study for the onshore gas treatment plant of the Baltic Gas project located in the Polish sector of the Baltic Sea. The contract scope includes designing

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Sound Energy Starts Gas Production from Nervesa Field, Onshore Italy

February 9, 2016

Sound Energy, the Mediterranean focused upstream gas company, is pleased to announce that it has achieved first commercial production at the operated onshore Nervesa gas discovery on February 3, 2016. The Nervesa discovery was drilled successfully by the Company in

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Siemens UK & Ireland Partners with EFC Group to Deliver Innovative, Cost-saving Solutions

February 9, 2016

Siemens UK & Ireland has formed a strategic partnership with oil and gas control system specialist, EFC Group, in a collaboration which promises to deliver innovative, cost-saving solutions for the industry. The partnership developed after EFC Group selected Siemens as

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Sonker Secures $341 Million to Boost Oil and Gas Infrastructure in Egypt

February 9, 2016

Sonker Bunkering Company has secured $341m financing from a consortium of banks to upgrade oil and gas infrastructure of Egypt. The European Bank for Reconstruction and Development (EBRD) is extending a $ 72m senior loan and a $ 22mi mezzanine

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Africa Oil Completes Kenyan Farmout Deal with Maersk Oil for $427 Million

February 8, 2016

Africa Oil Corp. has completed the farmout with Maersk Olie og Gas A/S as related to Kenyan Blocks 10BB, 13T and 10BA. “We are very pleased to have completed the Kenyan portion of our farmout to Maersk. We feel Maersk

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Schlumberger-Cameron Merger Receives Unconditional Clearance from European Commission

February 8, 2016

Schlumberger Limited and Cameron International Corporation have been cleared by the European Commission for their proposed merger without any conditions following a Phase 1 review. The U.S. Department of Justice cleared the proposed merger in November 2015 without any conditions;

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