Eurasia Journal News

ExxonMobil Will Explore Opportunities to Develop Hydrocarbon Resources in Algeria’s Ahnet and Gourara Basins

Algeria’s national oil and gas company Sonatrach and the American ExxonMobil have signed a Memorandum of Understanding (MoU). This was reported by the Sonatrach press service. The MoU was signed in the presence of Sonatrach CEO R. Hachichi and ExxonMobil Vice President for Exploration and New Opportunities D. Ardill. It …

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Eurasia Journal News

Gazprom and NIOC Sign Memorandum of Understanding for Strategic Cooperation

During the visit of Russian President Vladimir Putin to the Islamic Republic of Iran, a Memorandum of Understanding for strategic cooperation was signed today in Tehran by Vitaly Markelov, Deputy Chairman of the Gazprom Management Committee, and Mohsen Khojastehmehr, CEO of National Iranian Oil Company. The document envisages the analysis of cooperation prospects, inter alia, in the following areas: development of Iranian …

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Cadogan Petroleum plc: Joint Venture with Oil and Gas Management Services Group

Cadogan Announces Joint Venture with Oil and Gas Management Services Group Cadogan is pleased to announce that it has today signed a non-binding Memorandum of Understanding (“MoU”) and a Secured Loan Agreement (the “Loan”) with Oil and Gas Management Services Limited. OAGSG, which operates the largest Oil Country Tubular Goods …

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LukOIL And Eurasia Drilling Company Sign MOU

Ravil Maganov, LUKOIL First Executive Vice President, and Aleksandr Dzhaparidze, CEO of EURASIA DRILLING COMPANY Ltd. (EDC), signed a Memorandum of Understanding between the companies. As part of the document, EDC will provide LUKOIL with the drilling capacities that are required for the project aimed at additional exploration and development …

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GE, Rosneft Sign MOU to Jointly Pursue Opportunities in Russia’s Oil and Gas Industry

GE (NYSE: GE) and OJSC Rosneft, a leader in Russia’s petroleum industry, today signed a memorandum of understanding (MOU) that lays the foundation for the two companies to jointly evaluate and develop commercial opportunities in oil and gas exploration and production in the Russian Federation. The MOU was signed by …

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NC KMG and KMG EP have signed a Memorandum on possible participation in offshore blocks on the Caspian sea

NC KazMunaiGas and JSC KMG EP have signed a Memorandum of Understanding providing KMG EP with access to the detailed geophysical, financial and economic data of a number of oil and gas projects, including those located in the Kazakhstan sector of the Caspian sea. The list of projects includes, in …

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