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Kazakhstan oil ministry to extend Tethys Petroleum’s Kul-Bas exploration contract

The Oil Ministry of Kazakhstan has agreed to extend Tethy’s Petroleum’s Kul-Bas exploration and production contract by another two years for further exploration of the block. Kul-Bas block covering an area of 7,632km² surrounds...

Brownstone Energy drills Calacho #1 well in Llanos basin, Colombia

Canada-based Brownstone Energy has announced the commencement of drilling of the Calacho No. 1 well on the Llanos 21 block in the Llanos basin in Colombia. Omega Energy Colombia, the operator of the Llanos...

MDU Resources, Calumet receive air permit for Dakota Prairie oil refinery in US

US-based MDU Resources Group and Calumet Specialty Products Partners have received air quality permit from North Dakota Department of Health for the construction of Dakota Prairie oil refinery. The plant, which will be constructed...

Shell to re-evaluate Fram oil and gas field development plan in North Sea

The Netherlands-based multinational oil and gas company Royal Dutch Shell has announced to re-evaluate its development plans for the Fram oil and gas field located in the North Sea. The company will reevaluate the...

Siemens Energy to power Malaysian LNG project

Germany-based Siemens Energy will supply compression solutions for LNG plant in Malaysia turbo compressors and mechanical drive gas turbines for a liquefied natural gas (LNG) project in Malaysia. Under the new contract, the company...

Hyundai Heavy Industries awards $180m offshore contract to Chicago Bridge & Iron

South Korean shipbuilding company Hyundai Heavy Industries has awarded an offshore contract to Netherlands-based engineering, procurement, and construction company Chicago Bridge & Iron (CB&I) Company, to develop Statoil's Aasta Hansteen field in Norway. As...

Rosneft, ExxonMobil expand Arctic shelf joint venture agreement

Russian oil major Rosneft and US multinational oil and gas company ExxonMobil have signed an agreement to expand their joint venture by adding seven additional blocks to develop oil and gas resources on Russia's Arctic shelf. ...

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