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NEWS |
Chevron unveils $50bn takeover of rival Anadarko
Chevron, the second-largest US oil and gas company, has agreed a $50 billion (€44 billion) deal to buy Anadarko Petroleum.
NEWS |
Acteon adds significant geotechnical and geophysical survey capabilities with Benthic acquisition
Subsea services group Acteon has agreed to acquire offshore marine geotechnical and geophysical survey company Benthic.
NEWS |
Decommissioning Company Makes Multi-Million Investment in First Dedicated P&A Asset
Well-Safe Solutions today announced that it has agreed to acquire the Ocean Guardian semi-submersible drilling unit, sparking another jobs boost for the company.
NEWS |
Total signs agreement with MOG for Block 12
French energy major Total announced that it has signed a heads of agreement (HoA) with Oman’s Ministry of Oil and Gas (MOG) for the awarding of an exploration license on Block 12 with significant pros (...)
NEWS |
Aker Solutions and FSubsea to Create FASTSubsea to Boost Subsea Oil Recovery
Aker Solutions and FSubsea have agreed to create FASTSubsea to help operators increase oil recovery in a faster, simpler and more environmentally friendly way.
NEWS |
Penspen and its project partner JQEC awarded £12m three-year construction supervision contract by Kuwait Ministry of Electricity and Water for its power stations rehabilitation project
Penspen, a leading global provider of engineering and project management services to the energy industry and JQEC, a Kuwaiti multidisciplinary Architectural & Engineering consulting company, have sign (...)
NEWS |
Woodside signs LNG agreement with ENN Group
Australian exploration and production company Woodside has signed a heads of agreement (HOA) with Chinese energy company ENN for the sale of one million tonnes of liquefied natural gas (LNG) per annum (...)
NEWS |
Petrobras agrees to sell gas unit to Engie for $8.6 billion
A consortium led by France’s Engie SA submitted the highest offer for a major gas pipeline unit owned by Brazil’s Petroleo Brasileiro SA, the state-run oil firm said, as the company’s biggest divestme (...)
NEWS |
Vår Energi sells North Sea licence shares
Norwegian oil and gas exploration and production company Vår Energi has agreed to sell its interests in six North Sea licences to Mime Petroleum.
NEWS |
Neptune Energy and partners agree to Seagull field development
Neptune Energy and its partners have decided to go ahead with development of the Seagull oil and gas field in the UK North Sea.
NEWS |
Saudi Aramco to buy 70% stake in petrochemical giant SABIC for $69bn
Saudi Aramco has agreed to acquire 70% stake in petrochemical giant Saudi Basic Industries Corporation (SABIC) from the Public Investment Fund of Saudi Arabia for SAR259.12bn ($69.1bn).
NEWS |
Neptune, BP, Japex seal investment for UK Seagull oil, gas field
Private equity-backed Neptune Energy said on Thursday it had agreed with partners BP and Japex a final investment decision for the Seagull oil and gas field in the British North Sea.
NEWS |
Wood Group sells Terra Nova Technologies to Murray & Roberts for $38m
Services company Wood Group said it had agreed to sell its Terra Nova Technologies to Murray & Roberts Holdings unit Cementation Americas for $38m.
NEWS |
North East Recruitment Firm Lands Major Contract
Genesis Personnel – which operates from premises in Aberdeen and Peterhead – has successfully tendered to be the lead supplier in a three-year framework agreement to supply temporary crew for marine p (...)
NEWS |
Xodus welcomes Offshore Wind Sector Deal which secures jobs and investment in the UK
Xodus Group is hailing the Offshore Wind Sector Deal agreed by the industry and the government as a major step forward which will generate significant economic benefits around the UK
NEWS |
BP and Enpro Subsea announce Global Frame Agreement
BP and Enpro Subsea (Enpro) announce the execution of a Global Frame Agreement aimed at providing an enhanced subsea architecture and smart standardization using Enpro’s patented Flow Access Module (F (...)
NEWS |
Total to acquire stake in $21bn Arctic LNG 2 project in Russia
Total has signed a definitive agreement to acquire a 10% direct stake in the $21bn Arctic LNG 2 project in Russia from Novatek for an undisclosed price.
NEWS |
Marathon Oil Signs Agreement for Divestiture of U.K. Business
Marathon Oil Corporation announced today the Company has entered into a share purchase agreement through its subsidiaries for the sale of its U.K. businesses Marathon Oil U.K. LLC and Marathon Oil Wes (...)
NEWS |
Transocean to upgrade five more semis with drilling automation
Transocean Ltd. has entered into an agreement with Equinor to license and install automated drilling control (ADC) systems on four high-specification, harsh-environment rigs currently on contract in N (...)
NEWS |
John Lawrie Group Agrees Deal To Develop Dundee Decom Facility
Metal recycling, decommissioning and steel tubulars specialist, John Lawrie Group, is set to expand its operations in Scotland after agreeing a multi-million pound deal to develop a new site at the Po (...)
NEWS |
MFDevCo signs agreement with Siemens to develop marginal gas fields
Nu-Oil and Gas’ subsidiary Marginal Field Development Company (MFDevCo) has entered a collaboration agreement with Siemens’ Dresser-Rand business to develop marginal gas fields.
NEWS |
Jadestone Energy to spud Stag-49H well in early March after agreeing rig contract
Jadestone Energy said Monday it had signed a rig contract for infill drilling on the Stag oilfield, located offshore Australia.
NEWS |
Repsol to acquire Total’s stake in Mikkel field offshore Norway
Repsol has agreed to acquire Total’s stake of 7.65% stake in the Norwegian Sea’s producing Mikkel field, for an undisclosed price.
NEWS |
Adnoc signs Dh893m deal with Occidental Petroleum
Abu Dhabi National Oil Company (Adnoc) on Saturday announced the signing of an agreement awarding an onshore block to the US-based oil and gas firm Occidental Petroleum.
NEWS |
Lundin strengthens North Sea basement acreage position
Lundin Norway has agreed to acquire Lime Petroleum’s entire Utsira High acreage position in the Norwegian North Sea, covering the Rolvsnes and Goddo basement area.
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