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Total eyes Tapi pipeline role

French oil major Total has expressed an interest in being lead commercial sponsor on the 1,800km Turkmenistan–Afghanistan–Pakistan–India (Tapi) natural gas pipeline

Saudi Aramco to focus on upstream over next decade

Saudi Arabia's national oil and gas company Saudi Aramco expects to carry out around $40 billion in capital expenditure over the next 10 years to meet rising global demand

Lotos signs senior debt for B8 field

Polish oil producer and refiner Grupa Lotos has signed a $210 million senior debt financing with two Polish banks to support the development of its B8 oil field in the Baltic Sea

ORPIC names financial adviser for Liwa plastics

Oman Oil Refineries and Petroleum Industries Company (ORPIC) has named Sumitomo Mitsui Banking Corporation as its financial advisor for the $3.6 billion Liwa plastics complex projects, IJGlobal can exclusively reveal

Solveig Gas restructures bank and bond debt

Norwegian gas transmission owner Solveig Gas Norway has completed a NKr10.4 billion restructuring of its bond and bank debt.

Pemex awarded 83% of Mexico's probable reserves

In the results of the so-called "Round Zero" Pemex has been awarded 83% of Mexico's 2P proven and probable reserves and 21% of prospective reserves

Marathon wins Gabon offshore oil licence

Marathon Oil has been awarded an exploration and production sharing contract (EPSC) for Block G13 offshore of Gabon

Petrofac wins EPCC contract for Rapid refinery

Petrofac has been awarded an engineering, procurement, construction and commissioning (EPCC) for Petrnoas’ Refinery and Petrochemicals Integrated Development (Rapid) project in Pengerang, Johor, Malaysia

Cameron LNG targets September for first draw

Cameron LNG's liquefaction project in Louisiana expects to make first draw by late September on $7.42 billion in supporting debt, IJGlobal has learnt

BW Offshore signs on Catcher FPSO

The Norwegian-based vessel operator BW Offshore (BWO) has signed an $800 million credit facility with 13 international lenders for its floating production storage and offloading (FPSO) project in the UK North Sea

Noble and Delek to sell Tanin and Karish gas stakes

Israel’s Energy Ministry has declared the Tanin and Karish offshore gas fields proven discoveries, paving the way for their sale by stakeholders Delek Group and Noble Energy

Origin completes acquisition of Poseidon gas stake

Origin Energy has today (12 August 2014) completed the $800 million acquisition of a 40% interest in two offshore gas exploration permits in Western Australia’s Browse Basin from Australian-listed independent Karoon Gas

Mexico Round Zero results due tomorrow

Mexican President Enrique Peña Nieto has announced that the results of the so-called Round Zero, in which Pemex is to learn which of the country's hydrocarbon reserves it keeps, are due tomorrow (Wednesday 13 August 2014)

Barra Energia closes Atlanta reserves-based loan

Brazilian oil and gas independent Barra Energia has closed a $100 million reserves-based loan for its Atlanta field. HSBC was sole lead arranger of the loan, which is thought to be the first reserves-based loan (RBL) in the Brazilian offshore sector

SBM closes on FPSO Maricá

An SBM-led joint venture has reached financial close on a $1.45 billion debt-financing for the Cidade de Maricá floating production storage & offloading (FPSO) unit in Brazil

Cameron LNG bank group revealed

The sponsors of Cameron LNG’s liquefaction project in Louisiana have lined up $7.4 billion in debt across three tranches

Petrobras sells Transierra stake to YPFB

Petrobras has sold its 44.5% stake in Bolivian gas transporation company Transierra to Yacimientos Petrolíferos Fiscales Bolivianos (YPFB) for $106.7 million