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NEWS |
Sphera Signs Agreement to Acquire thinkstep, a Prominent Sustainability & Product Stewardship Software Company
Sphera, announces it has entered into an agreement to acquire thinkstep, a Stuttgart, Germany-based software and consulting services company that specializes in Corporate Sustainability and Product St (...)
NEWS |
Neptune Energy to acquire interests in German fields from Wintershall Dea
Neptune Energy has agreed to acquire interests in certain oil and gas fields in Emsland and the Grafschaft Bentheim region in Germany from Wintershall Dea.
NEWS |
Eni to offload stakes in offshore Indonesian blocks to Neptune Energy
Eni has agreed to offload a stake of 20% in the East Sepinggan area and 30% stake in the East Ganal production sharing contract (PSC), both located offshore Indonesia to Neptune Energy for an undisclo (...)
NEWS |
ADNOC and Pertamina sign oil and gas development agreement
The Abu Dhabi National Oil Company (ADNOC) signed a an agreement with state-owned Indonesian energy company PT Pertamina (Persero) on Wednesday for oil and gas collaboration in both countries and glob (...)
NEWS |
Rockhopper to sell Abu Sennan interest to United Oil and Gas
Oil and gas company Rockhopper Exploration has signed a share purchase agreement with United Oil and Gas for the sale of Rockhopper Egypt, it announced on Tuesday, for consideration of $16m.
NEWS |
Subsea International Ltd cuts ties with Deep Ocean Engineering Inc
Subsea International Ltd, the privately-owned asset integrity monitoring technology and systems developer has cut its ties with US ROV manufacturer Deep Ocean Engineering Inc..
NEWS |
UK North Sea Oil & Gas Review
The 32nd offshore licensing round, industry reports about efficiency, decommissioning costs and the energy transition, collaboration agreements and a flurry of contracts, asset sales and field operati (...)
NEWS |
Astrimar and Rawwater sign collaboration agreement
Independent specialist engineering consultancy Astrimar has signed a collaboration agreement with Rawwater Engineering Company Limited.
NEWS |
North-east robotics company agrees international partnerships to add value to market
Spectis Robotics, a leading provider of remotely operated robotic crawlers and camera systems, has announced two international distribution agreements.
NEWS |
Xodus Group agrees to acquire Green Light Environmental
International energy consultancy Xodus Group has announced that an agreement is in place to acquire Perth-based Green Light Environmental.
NEWS |
Bolivia Finalizes Agreements With Russia's Acron, Gazprom - Hydrocarbons Ministry
Bolivian state-owned energy conglomerate YPFB and Russian fertilizer company Acron have specified their agreements to create a joint venture to sell urea produced at two plants in Brazil and Bolivia.
NEWS |
Total sells pool of North Sea oil assets for $635m
French energy major Total has agreed to sell a pool of North Sea oil assets — acquired as part of its 2017 deal for Maersk Oil — for $635m, the company announced on Wednesday.
NEWS |
OPEC Sees New Oil Surplus in 2020 as U.S. Shale Keeps Surging
A week after OPEC agreed to keep oil production restrained until early next year, the group’s first forecasts for 2020 showed it faces an even longer and tougher challenge.
NEWS |
Equinor Sells 16% Stake in Lundin Petroleum and Upgrades Johan Sverdrup Interest
Equinor ASA said Sunday that it has agreed with Lundin Petroleum AB to sell a 16% shareholding in Lundin for a direct interest of 2.6% in the Johan Sverdrup field and around $650 million in cash.
NEWS |
McDermott and Cameron LNG sign agreement
McDermott International, Inc. and its joint member Chiyoda, have entered into an agreement with Cameron LNG related to the construction of its LNG liquefaction project in Louisiana.
NEWS |
Frame Agreement Results in Triple Contract Completion for Rever
Rever Offshore, a leading subsea services provider to the oil and gas industry, continues to consolidate its North Sea presence, announcing the successful completion of three standalone contracts for (...)
NEWS |
Putin says Russia and Saudi Arabia will maintain oil cuts for as long as 9 months
Russian President Vladimir Putin struck a deal with Saudi Crown Prince Mohammed Bin Salman to extend the OPEC+ agreement at current production levels for the rest of this year and potentially into ear (...)
NEWS |
W&T Offshore to acquire stakes in ExxonMobil’s assets in Gulf of Mexico
Independent producer W&T Offshore has signed an agreement with ExxonMobil to acquire its stakes in oil and gas producing properties in the Gulf of Mexico (GOM), for $200m (€175.9m).
NEWS |
Planet Signs Deal With European Energy Analytics Startup Kayrros
Planet, operator of history's largest commercial fleet of satellites, collecting daily, high resolution imagery the world over, today announced a commercial agreement to provide European energy analyt (...)
NEWS |
Baker Hughes and C3.ai announce joint venture to deliver AI solutions
Baker Hughes, a GE company and C3.ai today announced a joint venture agreement that brings together BHGE’s fullstream oil and gas expertise with C3.ai’s unique AI software suite to deliver digital tra (...)
NEWS |
Stork Consortium awarded framework agreement by Ecopetrol in Colombia
Stork, part of Fluor’s Diversified Services segment, together with its consortium partners, was awarded a 4-year framework agreement for plant turnaround services by Ecopetrol for its Barrancabermeja (...)
NEWS |
Enpro Subsea and Can-K agree partnership to provide subsea multiphase pumping solutions
Enpro Subsea and DASS Can-K Pumps Inc. today announced a Memorandum of Understanding (MoU) which will leverage each company’s expertise to deliver multiphase pumping solutions for topside and subsea w (...)
NEWS |
SOFEC selects BMT and Sonardyne for deepwater turret mooring monitoring offshore Mozambique
Industry leading mooring solutions supplier, SOFEC, Inc., has selected BMT and Sonardyne Inc., under their teaming agreement, to supply an innovative mooring monitoring system (MMS) for a major new de (...)
NEWS |
Petrofac secures contract with Petroleum Development Oman
Petrofac has secured its third project under a 10-year Framework Agreement with Petroleum Development Oman (PDO) with the award of a procurement services project for the Mabrouk North East Line Pipe P (...)
NEWS |
OMV to pay £805m for stake in Achimov project in Urengoyskoye field
OMV and Gazprom have finalised a price of €905m (£805.21m) for which the former will acquire a stake of 24.98% in the Achimov 4A/5A phase development in the onshore Urengoyskoye field in Russia.
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