Union Oil And Gas Group News

 

CNOOC Signs Hydrocarbons Exploration and Production Deal with Kazakhstan

11 hours ago

China's state-owned oil and gas firm China National Offshore Oil Corporation (CNOOC) has signed production and exploration contract with Ministry of Energy of the Republic of Kazakhstan and state-owned operator KazMunayGas (KMG) for Zhylyoi Subsoil Area.CNOOC signed the contract through its wholly-owned subsidiary CNOOC Hong Kong Holding Limited.The Zhylyoi Subsoil Area is located partially in the Atyrau region and partially in the Kazakhstan sector of the Caspian Sea…

Oil and Gas to Wind Cross-Skill Pilot Delivers First Batch of Qualified Technicians

8 hours ago

Delivering an integrated technician workforce for a just energy transition between oil and gas to wind has moved a step closer as 15 technicians complete the pilot program developed by the Engineering Construction Industry Training Board (ECITB)…

Thailand's PTT to Buy LNG from Glenfarne's Alaska LNG Project

12 hours ago

Thai state-owned oil and gas giant PTT Group signed an agreement to procure 2 million metric tons of liquefied natural gas per annum from Glenfarne's Alaska LNG project over a 20-year term, Glenfarne said late on Monday.PTT said it was further…

OEG Strengthens Oil and Gas Services Offering in Qatar

12 hours ago

Energy solutions company OEG has finalized an evergreen agreement with Al Nasr Holding Co., to enhance support for the oil and gas, petrochemical, and industrial sectors in Qatar.The agreement further reinforces the company's strategic partnership with Venture Gulf Engineering (VGE)…

Prio Aims to Double Oil Output in 2026

Jun 23, 2025

Brazilian oil company Prio expects to double its daily output next year when compared with 2024 levels, driven by the development of some key offshore fields, CEO Roberto Monteiro said on Monday.Prio forecasts production to exceed 200,000 barrels per day (bpd) next year…

Eni Sells Plenitude Share to Ares for $2.3B

Jun 23, 2025

Italian energy group Eni has sold a 20% stake in its retail and renewables business Plenitude to U.S. alternative investment manager Ares Management Corp for about 2 billion euros ($2.3 billion), it said on Monday.The transaction is part of…

Russia Looks to Myanmar Offshore Oil and Gas Prospects

Jun 20, 2025

Russia signed an investment agreement with Myanmar on Friday that it said could open up new opportunities for Russian energy companies in the south Asian country.'We especially note the readiness of the Myanmar side to attract Russian companies to the development of offshore oil and gas fields…

TotalEnergies’ Offshore Platform Workers in UK Secure Better Conditions

Jun 20, 2025

Offshore workers employed by TotalEnergies have overwhelmingly backed a new pay deal successfully negotiated by Unite, U.K.-based workers' union.Around 50 Unite members based on the Elgin Franklin and North Alwyn platforms agreed to an enhanced offer which amounts to a 2…

Egypt Still on Hold as Israel Resumes Limited Gas Exports

Jun 20, 2025

Israel has resumed limited natural gas exports from surplus supplies, the country's Energy Ministry said on Thursday, nearly a week after shutting down two key offshore fields as Israel and Iran waged an air battle.A ministry spokesperson told Reuters that exports are now resuming 'from surpluses…

Norway's Oil and Gas Output Falls Behind Forecast In May

Jun 20, 2025

Norway's combined oil and gas production lagged an official forecast by 0.5% in May, the Norwegian Offshore Directorate (NOD) said on Friday.Norway is Europe's largest supplier of natural gas and a major producer of oil, but output varies from…

First Steel Cut for HVAC Infrastructure for Belgian Offshore Energy Hub

Jun 20, 2025

A new milestone has been reached in the development of Belgium’s offshore energy hub, Princess Elisabeth, with the first steel cut for the construction of the high-voltage alternating current (HVAC) infrastructure.The steel cutting ceremony…

UK Releases Environmental Guide on Future North Sea Oil and Gas Drilling

Jun 20, 2025

Britain on Thursday published long-awaited environmental guidance which is expected to impact the future development of two vast North Sea oil and gas fields by companies including Shell and Equinor.The guidance sets out how greenhouse gas emissions that would come from the oil and gas being used…

Vallourec to Deliver Tubular Solution for Qatar’s Drilling ops

Jun 19, 2025

French tubular solutions supplier Vallourec has secured a large contract to supply Oil Country Tubular Goods (OCTG) for drilling operations in Qatar, valued at over $50 million in potential revenue.The agreement includes the supply of carbon steel OCTG products with premium connections…

Israel to Restart Gas Exports After Military Deems It Safe

Jun 19, 2025

Israel will resume its natural gas exports when the country's military believes it would be safe to do so, Israel's Energy Ministry Eli Cohen said on Wednesday, as an air battle between Israel and Iran entered its sixth day.Two of Israel's three…

SBM Offshore Inks O&M Contract with TotalEnergies for GranMorgu FPSO

Jun 19, 2025

SBM Offshore has signed an operations and maintenance contract with TotalEnergies EP Suriname, an affiliate of TotalEnergies, for the GranMorgu floating production, storage and offloading (FPSO) unit, as part of the field development project located in Block 58 in Suriname…

Current News

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Aker BP Installs New Jacket at

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