Gulfoilandgas.com Top Newshttp://www.gulfoilandgas.com/Gulfoilandgas.com Top NewsCopyright 2017. All rights reserved.en-us60http://www.gulfoilandgas.com/webpro1/frame/GulfOil.gifgulfoilandgas.comhttp://www.gulfoilandgas.com/Fri, 15 Dec 2017 03:49:32 GMTStatoil Awards Long-Term Subsea Contracts on the Norwegian Continental ShelfThu, 14 Dec 2017 00:00:00 GMTStatoil has awarded new subsea maintenance framework agreements to Aker Solutions, TechnipFMC og OneSubsea. The contracts have a total estimated value of more than NOK 8 billion and a duration extendi...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63319&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allWA-359-P Extension of BP Equity OptionWed, 13 Dec 2017 00:00:00 GMTCue Energy Resources Ltd (CUE) is pleased to advise that through its 100% owned subsidiary, Cue Exploration Pty Ltd, it has agreed to extend the 42.5% equity option over exploration permit WA- 359-P...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63325&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allIran Needs $4b for Major LNG ProjectWed, 13 Dec 2017 00:00:00 GMTIranian Minister of Petroleum Bijan Zangeneh said Iran will need an investment of 4 billion dollars for completion of Iran LNG project. Speaking following a ceremony to sign two memoranda of understan...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63321&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allGazprom Inks Documents for Cooperation in IranWed, 13 Dec 2017 00:00:00 GMTA Gazprom delegation headed by Alexey Miller, Chairman of the Company’s Management Committee, paid a working visit to the Islamic Republic of Iran today. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63320&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allPetrofac Secures US$160 million Award from Basra Oil CompanyWed, 13 Dec 2017 00:00:00 GMTPetrofac’s Engineering & Production Services (EPS) division has secured an award worth US$160 million from Basra Oil Company (BOC), previously known as South Oil Company, for its Iraq Crude Oil Export...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63317&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allIran welcomes Chinese Private Investors in Oil ProjectsWed, 13 Dec 2017 00:00:00 GMTIranian Minister of Petroleum Bijan Zangeneh said Iran and China enjoy extended relations in energy sector, calling on Chinese private investors to finance petroleum projects in Iran. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63316&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allNorth Sea Pipeline Closure 'Could Have Significant Impact on Consumers'Wed, 13 Dec 2017 00:00:00 GMTWeeks-long closure after discovery of hairline crack has lead to concerns over how higher prices could affect consumers during cold snap. The closure of a major North Sea Forties pipeline after a crac...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63309&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allGazprom Neft Patents Technology for Non-Contact Pipeline DiagnosticsTue, 12 Dec 2017 00:00:00 GMTGazprom Neft has secured six patents for proprietary non-contact pipeline diagnostics technologies — which do not, as yet, have any competition in the global oil industry. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63308&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allIran-Iraq Oil Swap Deal To Run For a YearTue, 12 Dec 2017 00:00:00 GMTIraqi Oil Minister Jabar al-Luaibi said on Sunday that a deal signed with Tehran to swap up to 60,000 barrels per day of crude produced from the northern Iraqi Kirkuk oilfield for Iranian oil is for o...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63307&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allPetrofac Awarded $800M Contract for Khazzan Gas FieldTue, 12 Dec 2017 00:00:00 GMTPetrofac has been awarded a lump-sum contract worth approximately US$800 million by BP for the Phase 2 central processing facility (CPF) at the Khazzan Phase 2 (Ghazeer) gas development in the Sultana...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63305&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allABB Pioneers Microgrid Solution for Installation on Offshore PlatformTue, 12 Dec 2017 00:00:00 GMTABB will provide Woodside, Australia’s largest independent oil and gas company, with a PowerStore™ Battery storage system that is capable of remote management of operations and service. The system wil...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63304&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allHoneywell UOP & Chevron Win 2017 Platts Breakthrough Solution AwardTue, 12 Dec 2017 00:00:00 GMTHoneywell (HON) announced that its Honeywell UOP business and Chevron U.S.A. Inc., a subsidiary of Chevron Corp. (CVX), received the 2017 Platts Breakthrough Solution of the Year award in recognition ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63303&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allEni Completes Area 1 2017 Drilling Campaign Offshore MexicoTue, 12 Dec 2017 00:00:00 GMTEni successfully drilled the Tecoalli 2 well, in the shallow waters of the Campeche Bay, offshore Mexico. Thanks to the results of this well and the revision of the reservoir models of the Amoca and M...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63300&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allTendeka Manager Selected for SPE Distinguished Lecturer ProgramTue, 12 Dec 2017 00:00:00 GMTTendeka’s Subsurface Engineering Manager Ismarullizam Mohd Ismail has been selected as a SPE Distinguished Lecturer to present on Autonomous Inflow Control Devices (AICD). Created in 1961 with just th...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63299&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allNOVATEK Acquires Chernichnoye FieldTue, 12 Dec 2017 00:00:00 GMTNOVATEK has concluded an agreement to acquire Chernichnoyefrom oil company 'Mangazeya' JSC. The transaction is expected to close in early 2018. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63298&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allSantos Strengthens Australia Position with Beehive 3D Seismic Survey AgreementTue, 12 Dec 2017 00:00:00 GMTSantos entered into an agreement to partially fund and operate a 3D seismic survey over the exciting, undrilled Beehive prospect, earning the company a farm-in option for WA-488-P in the Bonaparte Bas...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63297&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allTlou Receives Approval for Listing on Botswana Stock ExchangeTue, 12 Dec 2017 00:00:00 GMTTlou Energy Limited, the AIM and ASX listed company focused on delivering power in Botswana and southern Africa through the development of coal bed methane ("CBM"), announces that formal approval has ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63294&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allKosmos Provides Update on Exploration Drilling Program Offshore MauritaniaTue, 12 Dec 2017 00:00:00 GMTKosmos Energy has completed drilling the Lamantin-1 exploration well located in Block C-12 offshore Mauritania in approximately 2,200 meters of water. ...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63290&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allHurricane Provides Operational Update on Lancaster Early Production System ('EPS')Tue, 12 Dec 2017 00:00:00 GMTHurricane Energy plc, the UK based oil and gas company focused on hydrocarbon resources in naturally fractured basement reservoirs, has provided an operations update on activities related to the Early...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63289&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_allAsian Product Market - November 2017Tue, 12 Dec 2017 00:00:00 GMTAsian product crack spreads in October are on a gradual downward trend, despite solid regional demand and some support from naphtha and ongoing refinery maintenance work offset by supply side pressure...http://www.gulfoilandgas.com/webpro1/main/mainnews.asp?id=63275&utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_public_all