Drilling for gas in Changbei. There is increasing demand for home-grown talent in China. (Shell) People

Chinese driller Kerui looks to tap skills demand

Demand for affordable oil and gas professionals is growing, and oilfield services provider Shandong Kerui is diversifying to meet the need.

The Inpex-Shell JV had plans for an FLNG vessel in Indonesia, which were supported by regulator SKKMigas. (SKKMigas) Project Finance

Jakarta puts pressure on Inpex-Shell Masela LNG

Jakarta is continuing to push Inpex and Shell to bring their Masela LNG project online with ambitious cost reductions and a shorter timeline.

Eni asks banks for billions for Mozambique gas project

Italian supermajor Eni has asked banks to lend it billions of dollars to finance its Coral gas field offshore Mozambique.

28 September 2016 14:45 GMT

Delhi reconsidering ONGC stake sale plans

The Indian government may cancel its plans to sell a 5% stake in state-owned Oil and Natural Gas Corp.

27 September 2016 13:53 GMT

Saudi Aramco IPO is just the start of privatisation plans – CEO

The IPO of part of Saudi Aramco is just the beginning in terms of privatisation in Saudi Arabia, Saudi Aramco’s Amin Nasser told delegates at the Petrotech conference.

27 September 2016 13:43 GMT

Brookfield to buy Brazillian pipelines for $5.2 bln

Canada’s Brookfield Infrastructure will pay $5.2 billion to acquire a 90% controlling stake in Nova Transportadora do Sudeste.

26 September 2016 14:18 GMT

ONGC gets approval to buy Krishna Godavari stake

India’s Oil and Natural Gas Corp. has received approval to purchase a stake in a Krishna Godavari Basin gas block owned by Gujarat State Petroleum Corp.,

26 September 2016 14:16 GMT

Cairn India to drill 10 wells in Palar Block

Cairn India is anticipated to spend $150 million drilling 10 wells in the Palar Block in the Nellore district of Andhra Pradesh.

26 September 2016 14:14 GMT

Tunisia strikes deal with Petrofac protesters

Tunisia has reached a deal with protesters who have disrupted gas production by UK company Petrofac for months.

26 September 2016 14:03 GMT

Innogy’s IPO price set at €32-36 per share

A 10% share of Innogy and 8.2% of the shares in the company held by RWE will be offered at the new company’s IPO.

23 September 2016 14:18 GMT

OMV sells stake in Gas Connect Austria

Vienna-based OMV has sold a 49% minority stake in Gas Connect Austria for €601 million.

23 September 2016 14:17 GMT
Tunisians outside the UGTT Union marking the anniversary of the Arab Spring. (PA)

Petrofac’s threats to quit Tunisia are getting old

After nine months of production stoppages in Chergui, Tunisia is scrambling to reverse Petrofac’s alleged decision to leave by striking a last-minute deal with the unions.

23 September 2016 11:36 GMT

Brussels approves Vattenfall’s sale of coal and power assets

The European Commission has approved the sale of Vattenfall Europe Generation and Vattenfall Europe Mining to EPH and PPF Investments.

22 September 2016 14:02 GMT
Gas Natural Fenosa was granted a €600 million loan under EFSI to expand its gas networks. (Gas Natural Fenosa)

EU energy sector eyes more funding under EFSI 2

The extension of the EU’s European Fund for Strategic Investment is good news for energy-related projects that rely on cheap financing to get started.

22 September 2016 10:59 GMT

Qatar banks sells $1.26 bln in debt offer

Qatar’s central bank sold QAR 4.6 billion ($1.26 billion) of conventional and Islamic government bonds on Tuesday in its second domestic government debt offer this year.

21 September 2016 13:53 GMT

Norwegian oil and gas service workers strike over wage dispute

More than 300 oil and gas service employees in Norway began striking on Wednesday after wage negotiations with the Norwegian Oil and Gas Association broke down.

21 September 2016 13:49 GMT

Petronas to make further job cuts

Malaysia’s state-owned Petronas plans to shed several hundred more jobs in addition to the 1,000 cuts proposed in March.

21 September 2016 13:48 GMT

Technip to cut jobs at Aberdeen subsea business

French engineering and construction company Technip will make about 130 redundancies in its Aberdeen subsea business.

21 September 2016 13:47 GMT

US investors to commit $1 bln to Power Africa initiative

More than $1 billion will be committed by United States government agencies and private investors to the Power Africa initiative, USAID has said.

21 September 2016 13:45 GMT

Seven Generations acquires Steelhead LNG stake

Calgary-based gas producer Seven Generations Energy has acquired a minority stake in Vancouver-based Steelhead LNG, according to local reports.

21 September 2016 13:43 GMT
PAE wants its own portion of the Aguada Pichana block, which it currently shares with YPF and others. (YPF)

Does BP want a driving seat in Argentine shale play?

BP’s Argentine business is unwilling to ride shotgun in the giant Vaca Muerta shale play, sources tell Wildcat.

21 September 2016 8:43 GMT

Job protests could drive Petrofac from Tunisia

Petrofac is threatening to leave Tunisia and end its investment in the country if protests over jobs are not stopped immediately.

20 September 2016 14:42 GMT

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