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NEWS |
ADNOC seals $5.8 billion refining and trading deal with ENI, OMV
Italy’s Eni and Austria’s OMV have agreed to pay a combined $5.8 billion to take a stake in Abu Dhabi National Oil Company’s (ADNOC) refining business and establish a new trading operation owned by th (...)
NEWS |
Saipem has been awarded two new offshore contracts from Saudi Aramco for $1.3 billion
Saipem has been awarded two EPIC contracts assigned by the client Saudi Aramco for a total amount of approximately $1.3 billion as part of the Long Term Agreement for offshore activities in Saudi Arab (...)
NEWS |
READ Cased Hole signs exclusive agreement with Advanced Logic Technology
Production and integrity evaluation specialist, READ Cased Hole Ltd (READ) is delighted to announce it has signed an exclusive agreement with Advanced Logic Technology (ALT) to develop and bring to ma (...)
NEWS |
BWC and ERMA FIRST agree to collaborate on containerised Ballast Water Management solution
BWC and ERMA FIRST have agreed a collaboration which will increase the Ballast Water Management options available to the shipping industry.
NEWS |
Norwell EDGE Agreement With East African University Will ‘Open Up New Opportunities’
Norwell EDGE, the global online oil and gas technical training provider, is to partner with the University of Dar es Salaam (UDSM) in Tanzania, to explore joint working opportunities in both education (...)
NEWS |
Eni gains operatorship of Oooguruk offshore Alaska
Eni has entered into an agreement with Caelus Natural Resources Alaska LLC to acquire 70% and operatorship of the Oooguruk oil field off Alaska.
NEWS |
Deals this week: Total, Energean, Honeywell
Total has signed a $1.6bn agreement with Inpex to divest its 4% stake in the Ichthys liquefied natural gas (LNG) project.
NEWS |
Energean Signs GBP78 Million Agreement With Israel Natural Gas Lines
Energean Oil & Gas PLC on Monday said it signed an memorandum of understanding with Israel Natural Gas Lines Ltd, which is expected to result in GBP78 million of cash inflow for the exploration compan (...)
NEWS |
Deals this week: Faroe Petroleum, Mubadala, Qatar Petroleum
Faroe Petroleum has signed an agreement with Equinor for the exchange of their oil and gas assets in the Norwegian Sea and the North Sea in the Norwegian Continental Shelf (NCS).
NEWS |
Siccar Point Energy Increases Existing Reserves Based Lending Facility
Siccar Point Energy has signed an agreement with its existing syndicate of banks to increase and extend its existing Reserves Based Lending Facility (“RBL”).
NEWS |
Opec agrees last-minute deal to slash output by 1.2m barrels per day
The price of Brent crude edged up yesterday as some of the world’s major oil producers agreed a last-minute deal to cut their output.
NEWS |
Equinor strengthens its position in the Norwegian Sea
Equinor and Faroe Petroleum have agreed a number of transactions in the Norwegian Sea and the North Sea region of the Norwegian Continental Shelf (NCS).
NEWS |
Oil prices surge more than 5% on cut pledge, US-China deal
Oil prices soared more than five percent on Monday after Russia and Saudi Arabia renewed a pact to cap output, while the US agreed to halt raising tariffs on Chinese imports, stalling a trade row that (...)
NEWS |
Scots tycoon Sir Ian Wood says Brexit plan 'workable'
One of Scotland's most su`ccessful businessmen has said Prime Minister Theresa May's plan for the UK's exit from the European Union is "workable", but that it now needs to move forward.
NEWS |
UK: Cluff Natural Resources announces exclusivity agreement and 28th Round licence extensions
Following discussions with multiple data room entrants, the Company has signed an exclusivity agreement on Licence P2252 with a major international oil and gas company.
NEWS |
i-Tech Services wins first contract under new vessel charter agreement
Following the signing of a long-term vessel charter agreement in the Asia Pacific region earlier this year, i-Tech Services’ MMA Pinnacle has secured its first inspection, repair and maintenance (IRM) (...)
NEWS |
Stepping up the LPG activity in South-East Asia
Equinor and Global Petro Storage (GPS) have entered into a long-term agreement for a terminal and storage for LPG (Liquified Petroleum Gas) volumes in Port Klang in Malaysia.
NEWS |
Shell to sell stake in Greater Sunrise fields to East Timor for $300m
Shell Australia has reached a $300m agreement to divest its 26.56% interest in the Greater Sunrise natural gas fields located off the northern coast of the country to East Timor.
NEWS |
Philippines sign offshore oil and gas deal with China
China and the Philippines agreed a deal concerning joint oil and gas exploration in the disputed South China Sea on Tuesday in Manila.
NEWS |
Enpro Subsea and Kosmos Energy commit to subsea ‘smart standardization’ in Gulf of Mexico
Enpro Subsea announced today that it has reached a Master Services Agreement (MSA) with Kosmos Energy (formerly Deep Gulf Energy) aimed at providing enhanced subsea architecture and smart standardizat (...)
NEWS |
Chevron Wellhead Deal Goes to TechnipFMC
TechnipFMC reported Wednesday that it has signed a surface technologies frame agreement with Chevron.
NEWS |
Chevron Lummus Global and Neste Engineering Solutions enter into collaboration
Chevron Lummus Global (CLG) and Neste Engineering Solutions have signed a collaboration agreement regarding NAPCON operator training simulators for residue hydrocracking technologies.
NEWS |
Deals this week: Serica Energy, Jumbo Offshore, Petrobras
Serica Energy has entered an agreement to acquire BHP Billiton Petroleum Great Britain’s (BHP) interests in the Bruce and Keith fields, as well as infrastructure in the North Sea, UK.
NEWS |
New oil deals not likely before 2020 -Bynoe
Despite “significant interest” in Guyana’s remaining deep water oil blocks, the Department of Energy (DoE) has no immediate plans to grant any concessions until it completes an oil and gas model contr (...)
NEWS |
Maersk Drilling named preferred contractor by Wintershall Noordzee B.V.
The agreement, which includes closer cooperation on using data to improve drilling efficiency, comes into effect immediately and will remain in force until the end of June 2020.
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