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Afren seeks amortisation deferral

UK-listed oil and gas independent says that it wants to defer $50 million in amortisation on its corporate debt as part of a wider restructuring

UBS bridge for Kinder Morgan’s Hiland shale acquisition

UBS is providing Kinder Morgan with a $2.025 billion bridge financing for its $3 billion acquisition of Hiland Partners, an oil and gas gathering, processing and transportation services provider

APA Group completes QCLNG acquisition

APA Group has completed an entitlement offer to fund its acquisition of the Queensland Curtis LNG pipeline

Vietnam’s Vung Ro starts to approach banks

Vung Ro Petroleum is understood to have started informal talks with financiers for its proposed $4 billion oil refinery project in Phu Yen province, Vietnam

Sahara refinances Al Waha petchem loans

A joint venture led by Sahara Petrochemical has signed on a SR1.964 billion ($523 million) refinancing of loans used for the construction of the Al Waha polypropylene project in Saudi Arabia

Bids due for second Port Qasim LNG terminal

Second round bids are due for Sui Southern Gas Company’s (SSGC) second LNG terminal at Port Qasim, Pakistan on 27 January 2015, IJGlobal has learnt

Siam Cement further delays Long Son RFP

Siam Cement and the other sponsors developing Vietnam’s $4.5 billion Long Son refinery will delay issuing a request for proposals to commercial banks until at least the second quarter of 2015, IJGlobal understands

Norway awards 54 oil licences on shelf, opens 23rd round

Norway’s government has awarded ownership interests in 54 new production licenses to 43 different companies in connection with the Awards in Pre-defined Areas 2014 round. The country has also opened the latest licensing round due to award in the first half of 2016

Statoil to decide on $29 billion Johan Sverdrup next month

Statoil is planning to make an investment decision next month on the development of the Johan Sverdrup oil field on the Norwegian continental shelf, which has an estimated total project cost of NKr220 billion ($29 billion)

New advisory bid deadline for Nock’s offshore fuel facility

The National Oil Corporation of Kenya (Nock) has set a new deadline for bids for the advisory mandate for the construction of a new offshore fuel loading and off-loading facility in Mombasa

Qatar eyes petchem expansions following Al Karaana collapse

State-owned Qatar Petroleum subsidiary Industries Qatar is to undertake a number of feasibility studies to assess possible applications for surplus feedstock given the scrapping of the Al Karaana petrochemicals project

UK's Cuadrilla wins state go-ahead for new shale site

The UK’s Environment Agency has today (16 January) granted the environmental permits developer Cuadrilla needs to carry out operations at its proposed shale gas exploration site at Preston New Road, Plumpton in Lancashire

FCC appoints new directors

Mexican business magnate Carlos Slim has appointed new directors to the board of Spanish construction firm FCC following his recent acquisition of a 25.6% stake

UK orders 'urgent' review into North Sea oil industry

The UK government has started an “urgent” review into falling North Sea oil prices, and has ordered its new Oil and Gas Authority to come up with a plan to mitigate potential damage to the UK oil industry

Petroceltic to shift away from exploration for 2015

Dublin-headquartered Petroceltic said it will shift its attention towards its core gas production assets in Algeria and Egypt in 2015 and away from its exploration projects in south-eastern Europe, in light of current market volatility

QP and Shell cancel Al Karaana petchems

Qatar Petroleum and Royal Dutch Shell have shelved plans for the $6.5 billion Al Karaana petrochemicals plant in Qatar

Afren reserves restatement may spark Kurdistan sale

Oil and gas independent Afren has drastically written down the reserves for its Barda Rash field in Iraq Kurdistan, and may look to sell the asset