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Turkey’s Unit International Signs $7 Billion Deal to Develop Gas and Oil Fields in Iran
August 22, 2017
Turkish firm Unit International has inked a $7bn agreement with Ghadir Investment and Zarubezhneft to carry out drilling activities in Iran in pursuit of oil and natural gas. While Zarubezhneft is a Russian state-controlled oil company, Ghadir Investment is an
KBR Secures Pre-FEED Contract for BP’s Torque Project, Offshore Mauritania and Senegal
August 22, 2017
Engineering and construction firm KBR has secured a pre-front end engineering design (FEED) contract from BP for the development of the Tortue / Ahmeyim field offshore Mauritania and Senegal. KBR has also been awarded project support services contract for the
BP Begins Production at $2 Billion Juniper Gas Project, Offshore Trinidad
August 21, 2017
BP’s Trinidad and Tobago subsidiary, BPTT has commenced production at the $2bn Juniper project in offshore Trinidad by drawing the first gas from the development. The Juniper development is the fifth of seven major upstream project start-ups planned for the
Baker Hughes to Provide Fullstream Services for Pasca Offshore Project, Gulf of Papua
August 14, 2017
GE subsidiary Baker Hughes (BHGE) has secured a contract from Twinza Oil to offer fullstream support services for Pasca A gas condensate field in the Gulf of Papua. Under the deal, Baker Hughes will provide services and equipment for the
Jagercor to Acquire Argentinean Oilfield Operating Firm ECP
August 14, 2017
Jagercor Energy has agreed to acquire 95 percent stake in oilfield operating company, Energia Compañía Petrolera Sociedad Anónima (ECP). Based in Neuquen Province, ECP is an upstream oil and gas Argentinean operator, which currently runs El Sauce field with production
AGL Energy Selects Crib Point as Preferable Site for Gas Import Jetty and Pipeline, Australia
August 14, 2017
Australian energy developer AGL Energy has selected Crib Point or Western Port in Victoria as the preferable site for a gas import jetty and pipeline. The new gas import jetty and pipeline is being built at the Crib Point to
Petronas to Invest $150 Million to Expand Presence in India
August 14, 2017
Malaysian energy company Petronas has announced an investment of $150m to expand its lubricants business in India. The investment, which will be spread over the next five years, will see construction of a $50m lubricant blending plant with a 110
Statoil, OMV, Petoro Discover Gas in Gemini North Well, Barents Sea
August 8, 2017
Statoil, along with Austrian integrated oil and gas firm OMV and Norway State wholly-owned oil and gas company Petoro, has made a small gas discovery in the Gemini North well, northeast of the Wisting discovery in the Barents Sea off
Woodside Makes Gas Discovery in Southern Rakhine Basin, Offshore Myanmar
August 8, 2017
Woodside Energy has made its third gas discovery in Myanmar when its Pyi Thit-1 exploration well encountered a gas reserve of around 65m in the Southern Rakhine Basin. The exploration well is located in Block A-6 offshore Myanmar in which
Amec Foster Wheeler Secures FEED Contract to Upgrade Total’s Donges Refinery, France
August 8, 2017
Amec Foster Wheeler has bagged a front-end engineering design (FEED) contract from Total Raffinage, a subsidiary of Total, to upgrade the performance of its Donges refinery in Western France. According to the French multinational integrated oil and gas company, Donges
