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NEWS |
CNOOC to acquire 10% equity interest in Arctic LNG 2
CNOOC Limited has announced that the Company and CEPR Limited, a wholly-owned subsidiary of the Company, entered into a Share Purchase Agreement with Joint Stock Company Novatek and Ekropromstroy Limi (...)
NEWS |
BP to sell interests in Egyptian oil assets to Dragon Oil
BP has signed an agreement to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, a wholly owned subsidiary of Emirates National Oil Company (ENOC).
NEWS |
Energy Perspectives 2019: Delaying climate action increases the challenge
Energy Perspectives 2019: Current climate actions are far from enough to put the world on a path to keep global warming well below 2 degrees. Global emissions increased in 2018 to reach an all-time hi (...)
NEWS |
Güralp and Sonardyne team up to provide advanced seabed exploration and research technology
Leading seismic monitoring instrumentation and solutions provider Güralp Systems Ltd. and Sonardyne International Ltd. have signed an agreement to cooperate in the provision of cutting edge multidisci (...)
NEWS |
BP to pay billions for suspicious Senegal gas deal
BP has agreed to pay around $10bn (£8bn) to a businessman involved in a suspicious energy deal.
NEWS |
Saudi oil giant Aramco strikes deal to buy US natural gas from Sempra Energy
Saudi Aramco has signed an agreement to buy U.S. liquefied natural gas from San Diego-based utility Sempra Energy, advancing the state-owned oil giant’s goal of becoming a player in the growing intern (...)
NEWS |
Shearwater and Equinor developing marine seismic source technology
Shearwater GeoServices Holding AS has announced a collaboration agreement with Equinor to develop next-generation marine seismic source technology for more efficient and environmentally friendly data (...)
NEWS |
Ministers from some of Africa’s largest oil and gas producing nations to meet in Cape Town to discuss future of energy industry
Seventeen Ministers from Africa’s largest energy producing nations, including countries such as Nigeria, Equatorial Guinea and Tunisia among others, have agreed to meet in Cape Town at Africa Oil Week (...)
NEWS |
Equinor awards NOK 700 million Johan Sverdrup contract
Equinor awards a contract for services within insulation, scaffolding and surface treatment (ISO) on the Johan Sverdrup field to Kaefer Energy AS. Awarded under an already existing framework agreement (...)
NEWS |
Digital Oilfield Market Forecast to hit $30bn by 2024
The Digital Oilfield Market is Projected to Grow from an Estimated USD 24.1 Billion in 2019 to USD 30.40 Billion by 2024, at a CAGR of 4.77%
NEWS |
Climate Change: Squeezing North Sea dry will harm Paris targets
Extracting all remaining oil and gas reserves would see the UK miss its climate change commitments, Friends of the Earth Scotland (FoES) has claimed.
NEWS |
Schlumberger sells drillpipe and fishing businesses
Wellbore Integrity Solutions (WIS), and Schlumberger announced that they have entered into an agreement for WIS to acquire the businesses and associated assets of DRILCO, Thomas Tools, and Fishing & R (...)
NEWS |
Airborne Oil & Gas and SÍMEROS collaborate to qualify dynamic deepwater TCP Risers in Brazil
Oilfield technology firm Airborne Oil & Gas and engineering company SÍMEROS TECHNOLOGIES have signed a collaboration agreement which aims to deliver the first qualified Thermoplastic Composite Pipe (T (...)
NEWS |
Eni signs exploration and production agreement for Block 1 offshore Bahrain
Eni has signed an Exploration and Production Sharing Agreement (EPSA) with the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) for Block 1.
NEWS |
Oceaneering to deliver integrated digital services for Pacific Drilling
Oceaneering International Inc. and Pacific Drilling have entered into an industry-first, five-year digital services package agreement to provide better reliability and improved throughput enabling str (...)
NEWS |
Exclusive - Anadarko to pursue deal talks with Occidental Petroleum
Anadarko Petroleum Corp, the U.S. oil and gas exploration and production company that agreed this month to sell itself to Chevron Corp for $33 billion, decided on Sunday to begin negotiations to sell (...)
NEWS |
TAQA Drilling subsidiary to acquire Schlumberger's Middle East drilling rigs business for $415mn
Saudi Arabia's Industrialisation and Energy Services Company (TAQA) announced today that its drilling subsidiary, Arabian Drilling Company (ADC), has agreed to acquire Schlumberger's Middle East onsho (...)
NEWS |
Chevron’s $33 Billion Deal for Anadarko Sets Up More Shale Mergers, Expands Gulf Drilling
Chevron agreed to buy Anadarko, one of the largest independent producers in the U.S., in a cash-and-stock deal valued at $33 billion.
NEWS |
Murphy Oil acquires deepwater GOM assets from LLOG for $1.375 billion
Murphy Oil Corporation has announced that its wholly owned subsidiary, Murphy Exploration & Production Company – USA, has entered into a definitive agreement to acquire deepwater Gulf of Mexico assets (...)
NEWS |
Equinor strengthens its commitment to climate leadership
In a joint statement prepared with investors participating in Climate Action 100+, Equinor announces new steps to demonstrate further industry leadership on climate change and strong support for the g (...)
NEWS |
ExxonMobil agrees 20-year LNG deal with China's Zhejiang Energy
Exxon Mobil Corp said it has signed a 20-year agreement to supply liquefied natural gas (LNG) to China’s Zhejiang Energy, as the U.S. oil and gas giant steps up marketing of the fuel in China, the wor (...)
NEWS |
Conoco sells UK North Sea oil assets to Chrysaor for $2.7 billion
U.S. energy group ConocoPhillips has agreed to sell its oil and gas assets in the British North Sea to private equity-backed Chrysaor for $2.675 billion, Conoco said on Thursday.
NEWS |
Eni signs agreement for Block A Offshore Ras Al Khaimah Emirate
Eni has signed an exploration and production sharing agreement covering Block A Offshore Ras Al Khaimah, as well as the relevant Joint Operating Agreement.
NEWS |
Chevron deal makes it oil ‘ultramajor’
Chevron Corp agreed to buy Anadarko Petroleum Corp in a US$33 billion deal that adds US shale oil and African liquefied natural gas (LNG), and puts it in the top ranks of the world’s largest energy co (...)
NEWS |
Saudi Aramco secures $1.25 billion deal for stake in South Korean refiner
Saudi Aramco has reached an agreement to purchase a 17 per cent stake in South Korea’s oil firm Hyundai Oilbank for around $1.25 billion (Dh4.59 billion) to boost its presence in the refining sector.
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