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NEWS |
UK Agrees To Further Talks Over Disposal Of Old Shell Oil Rigs
The UK has agreed to hold further talks with other European countries before deciding whether to approve Royal Dutch Shell PLC's plans to decommission four disused oil rigs in the Atlantic.
NEWS |
Russian Oil Workers of the Near Future to Be Supervised by AI Systems
The programme, known as ‘Cyclops’, will be tasked with helping to ensure worker safety, among other things, and is said to be suitable for sectors ranging from oil and gas to mining, transport, logist (...)
NEWS |
Oil prices fall on signs of large US stock build
Oil prices fell on Thursday after industry data showed a larger-than-expected build-up in the U.S. inventories, but losses were limited after China said it hoped to reach a phased trade agreement with (...)
NEWS |
Seplat to buy Eland Oil and Gas for £382m
Nigeria-based oil and gas company Seplat Petroleum has agreed to buy fellow Nigerian company Eland Oil and Gas for $486m (£382m), which values Eland at 166p a share.
NEWS |
Naturgy, Sonatrach to buy out Mubadala’s stake in Medgaz gas pipeline
Naturgy (formerly Gas Natural Fenosa) and Sonatrach have agreed to buy out the stake of 42.09% of Mubadala Investment held by its subsidiary Cepsa in the underwater Medgaz gas pipeline between Algeria (...)
NEWS |
Teekay Corporation Announces 3.5-Year Contract for the Hummingbird Spirit FPSO
Teekay Corporation (Teekay or the Company) announced that it has entered into an agreement with the Chestnut Joint Venture, a joint venture between Spirit Energy Ltd. and Dana Petroleum Ltd., to exten (...)
NEWS |
Energean To Sell Edison E&P UK, Norway Assets For USD280 Million
Energean Oil & Gas PLC said Monday it has agreed to sell Edison Exploration & Production SpA's UK and Norwegian assets to Neptune Energy Group Holdings Ltd for USD280 million in total.
NEWS |
Record-Large Floating Wind Farm Set for Norway
Equinor ASA made a final decision to invest in floating wind turbines to power offshore oil platforms off Norway after the government agreed to subsidize a large part of the cost.
NEWS |
Equinor captures value from German offshore windfarm
Equinor has entered into an agreement to sell a 25% ownership interest in the Arkona offshore wind farm to funds advised by Credit Suisse Energy Infrastructure Partners AG for a total amount of approx (...)
NEWS |
NextEra Energy to acquire US midstream JV Meade Pipeline for £1.1bn
NextEra Energy Partners has agreed to acquire Central Penn Line pipeline project’s co-owner Meade Pipeline for around $1.37bn (£1.12bn).
NEWS |
ExxonMobil to sell Norwegian upstream assets to Vår Energi for £3.6bn
US oil and gas giant ExxonMobil has agreed to offload its non-operated upstream assets in Norway, comprising more than 20 producing fields, to Vår Energi for $4.5bn (£3.65bn).
NEWS |
CPIH and Equinor sign cooperation agreement on offshore wind
CPIH (China Power International Holding) and Equinor have signed a Memorandum of Understanding (MoU) to cooperate on offshore wind in China and Europe.
NEWS |
Total inks long-term charter for high-efficiency LNG newbuild
Greece’s TMS Cardiff Gas has struck a long-term charter agreement with Total Gas & Power for one of its 11 ‘X Carrier Series’ LNG carriers under construction in South Korea
NEWS |
Petrofac To Divest Remaining Stake In Mexico For $276 Million
Petrofac Ltd. has signed an agreement on Sept. 19 to sell its remaining 51% interest in its operations in Mexico, including Santuario, Magallanes and Arenque, to Perenco (Oil & Gas) International Ltd.
NEWS |
Connector Subsea Solutions acquires Hydratight’s MORGRIP® business
Connector Subsea Solutions (CSS), headquartered in Bergen, Norway, has signed an agreement for the acquisition of Hydratight’s MORGRIP Connector business in Walsall, UK.
NEWS |
Wind farm acquisition agreed
A deal has been struck for the acquisition of a 20MW wind farm situated in County Laois.
NEWS |
Exxon Agrees To $4 Billion Sale Of 20 Oil And Gas Assets In Norway
Exxon has agreed to sell off its oil and gas assets in Norway in a $4 billion deal, Reuters sources familiar with the matter said on Thursday, in what will mark an end to its long presence in Norway’s (...)
NEWS |
Big Oil undermines U.N. climate goals with $50 bln of new projects - report
Major oil companies have approved $50 billion of projects since last year that will not be economically viable if governments implement the Paris Agreement on climate change, think-tank Carbon Tracker (...)
NEWS |
MOL and Karpowership to develop LNG-to-Powership project in Mozambique
Mitsui O.S.K. Lines, Ltd (MOL) and Karpower International B.V have agreed to jointly carry out the first LNG-to-Powership project under the co-brand KARMOL in Mozambique, and for this purpose jointly (...)
NEWS |
Houston American Energy to acquire 20% stake in Permian Basin asset
Houston American Energy has agreed to acquire 20% stake in an existing 5,871 gross acre block in the San Andres formation in the Northern Shelf of the Permian Basin in the US from an undisclosed selle (...)
NEWS |
Total signs on for Benin LNG
Total inked gas supply and host government agreements with the Beninois state and power utility SBEE in July to develop a floating LNG import terminal and supply Benin with 0.5mn t/yr of LNG from 2021 (...)
NEWS |
CannSeal Enters Us Market Through Exclusive Partnership With Renegade Services
CannSeal, the specialists in annular isolation technology, has entered the US market through an exclusive agreement with Renegade Services.
NEWS |
Peterson expands partnership with Chrysaor with new contract extension
International energy logistics provider Peterson has been awarded a new contract with Chrysaor to grow its current integrated logistics services agreement.
NEWS |
Total sells 30% stake in Trapil pipeline network for 260 million euros
French energy group Total has agreed to sell a 30% stake in the Trapil pipeline network to crude oil storage operator Pisto SAS for 260 million euros ($289 million) as part of a broader asset sale pro (...)
NEWS |
Saipem joins JV to develop Arctic LNG2 project
Saipem has announced that it has signed an agreement with Technip France SA and NIPIgaspererabotka to take part in the joint venture for the realisation of the Arctic LNG2 project.
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