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23 Apr 19
UK: Chevron awards Archer new platform drilling and maintenance services contract for the Alba Northern and Captain platforms
Archer has been awarded a new contract for the provision of platform drilling services for Chevron North Sea. Archer will continue to provide onshore rig operations, maintenance and QHSE management, as well as offshore operations and maintenance supervision on the Alba Northern and Captain platforms in the UK sector of the North Sea.
23 Apr 19
GoM: Murphy Oil to acquire deep water Gulf of Mexico assets from LLOG
Murphy Oil has entered into a definitive agreement to acquire deep water Gulf of Mexico assets from LLOG for a cash consideration of $1.375 billion. The accretive, cash flow providing Gulf of Mexico assets currently produce approx. 38,000 barrels of oil equivalent per day net.
23 Apr 19
Qatar Petroleum initiates LNG ship construction program for 100+ new LNG carriers
Qatar Petroleum has issued an ‘invitation to tender’ for the reservation of ship construction capacity required for the LNG carrier fleet for its North Field Expansion (NFE) Project, which will increase Qatar’s LNG production capacity from 77 million tons per annum (mta) to 110 mta starting in 2024.
23 Apr 19
EMGS receives Letter of Award for a multi-year acquisition contract
EMGS has received a letter of award for a multi-year call-off acquisition contract, awarded by one of the world's largest national oil companies, with a minimum value of approx. USD 29.3 million, and a maximum value of approx. USD 73.3 million, over a two-year period.
23 Apr 19
HitecVision announces sale of CapeOmega
HitecVision has announced the sale of its portfolio company CapeOmega, a Norwegian oil & gas and midstream infrastructure company, to Partners Group, a global private markets investment manager, in a transaction that values CapeOmega at about EUR 1.2 billion.
23 Apr 19
Upland Resources announces corporate update - receives farm-in interest for Saouaf Licence in Tunisia
Upland Resources has provided an update on its current activities. The Company reports that it has received several unsolicited approaches for farm-ins to the Saouaf Licence and is progressing these with interested oil companies.
23 Apr 19
Norway: TechnipFMC awarded a significant integrated EPCI contract for the ConocoPhillips TOR II Development
TechnipFMC has been awarded a significant integrated Engineering, Procurement, Construction and Installation (iEPCI) contract from ConocoPhillips for the TOR II development, located in the Norwegian sector of the North Sea.
23 Apr 19
US: Diversified Gas & Oil completes acquisition of US producing gas assets from HG Energy II Appalachia
Diversified Gas & Oil has completed the previously announced acquisition of certain US gas producing assets from HG Energy II Appalachia for a total cash consideration of approx. $400 million.
23 Apr 19
Brazil: BW Offshore announces contract extension for BW Cidade de Sao Vicente FPSO
BW Offshore has signed an agreement with Petrobras for a one-year extension for the lease and operation of BW Cidade de Sao Vicente.
23 Apr 19
US: Northern Oil and Gas announces accretive acquisition in the core of the Williston Basin
Northern Oil and Gas has entered into a definitive agreement to acquire the Williston Basin properties of VEN Bakken. The assets to be acquired are expected to produce approx. 6,600 barrels of oil equivalent per day (2-stream) during the second half of 2019.
22 Apr 19
US to end all waivers on imports of Iranian oil
The United States on Monday demanded that buyers of Iranian oil stop purchases by May 1 or face sanctions, a move to choke off Tehran’s oil revenues which sent crude prices to six-month highs on fears of a potential supply crunch.
22 Apr 19
ExxonMobil signs 20-year LNG agreement with Zhejiang Energy
ExxonMobil has signed a sales and purchase agreement with Zhejiang Provincial Energy Group for liquefied natural gas (LNG) supply. Under the agreement, Zhejiang Energy is expected to receive 1 million metric tons per annum of LNG over 20 years.
22 Apr 19
Halliburton announces Q1 2019 results - international revenue increases 11 percent
Halliburton on Monday announced net income of USD152 million for the first quarter of 2019, compared to net income for the first quarter of 2018 of USD46 million. First quarter activity levels in North America were modestly higher compared to the first quarter of 2018 while international revenue increased 11 percent year over year,
22 Apr 19
Pakistan: Mari Petroleum announces oil discovery in Punjab
Mari Petroleum, along with its joint-venture partner Pakistan Petroleum, has announced an oil discovery at the Dharian-l ST-3 well located near Gujar Khan, Rawalpindi district in Punjab.
22 Apr 19
Qatar Petroleum announces 10-year Naphtha sale agreement with Thailand SCG Chemicals
Qatar Petroleum has concluded a 10-year sales agreement to supply Thailand’s SCG Chemicals with a total of 3 million metric tons of Light Naphtha.
22 Apr 19
Jereh launches new shale gas development solution
Jereh Group, a leading oilfield equipment manufacturer, has unveiled a new electric solution for shale gas development at its headquarters in China.
21 Apr 19
Saudi Arabia: Saudi Aramco to acquire Shell’s share of the SASREF refining joint venture
The Saudi Arabian Oil Company (Saudi Aramco) is to acquire Shell’s 50 percent share of the SASREF joint venture in Jubail Industrial City, in the Kingdom of Saudi Arabia, for USD631 million.
21 Apr 19
UK: Repsol Sinopec targets additional barrels as North Sea production efficiency rises
Work has begun on projects across a number of sites in the Repsol Sinopec portfolio that should realise in the region of an additional 10m boe, beginning later this year.
21 Apr 19
Azerbaijan: BP and partners sanction USD6 billion Azeri Central East development offshore Azerbaijan
BP and partners have sanctioned the Azeri Central East (ACE) project, the next stage of development of the giant Azeri-Chirag-Deepwater Gunashli (ACG) oilfield complex in the Azerbaijan sector of the Caspian Sea.

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