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NEWS |
Eni and Lukoil sign agreement on exploration licenses offshore Mexico
The companies have signed a farm-out agreement for the transfer of participating interests in three exploration licenses in Mexico’s shallow water.
NEWS |
DNV GL forecasts faster, more agile oil and gas production techniques as industry adapts to the energy transition
DNV GL predicts faster, leaner and cleaner oil and gas production techniques to emerge over the coming decades as the industry adapts to the unfolding energy transition. The technical advisor to the s (...)
NEWS |
Rowan Stavanger to drill for Gudrun
Rowan Norway Limited has been awarded a contract for drilling two wells at the Gudrun field by use of the Rowan Stavanger jack-up rig. The rig has furthermore been awarded five options for drilling of (...)
NEWS |
Rowan lands new gig for idle jack-up rig
Earlier in October, Rowan announced an all-stock merger agreement with Ensco, which will create an offshore drilling company with a fleet of 28 floating rigs (semi-subs and drillships) and 54 jack-ups (...)
NEWS |
Shell Sells Danish Offshore Assets for US$1.9 Billion
International fuel supplier Royal Dutch Shell (AMS:RDSA,NYSE:RDS.B) has agreed to sell its shares in Shell Olie-og Gasudvinding Danmark B.V. to the Norwegian Energy Company (FWB:CJ1) for US$1.9 billio (...)
NEWS |
Sembcorp to modify North Sea Cheviot FPSO
Alpha Petroleum Resources has entered agreements with Teekay Offshore Partners for deployment of the FPSO Petrojarl Varg to the Cheviot oil field in the UK northern North Sea.
NEWS |
Dril-Quip secures frame agreement for Sea Lion subsea production systems
HOUSTON – Dril-Quip (Europe) Ltd. has entered into a front-end engineering and design contract and frame agreement with Premier Oil Exploration and Production Ltd. to provide the subsea production sys (...)
NEWS |
Equinor to sell stake in King Lear gas discovery to Aker for $250m
Equinor has reached an agreement to offload its 77.8% operated interest in the King Lear gas discovery on the Norwegian Continental Shelf (NCS) to Aker BP for a cash consideration of $250m.
NEWS |
CNPC to acquire refining, upstream stakes in Brazil
China's state-owned CNPC signed a preliminary agreement with Brazil's state-controlled Petrobras to acquire 20pc stakes in the 150,000 b/d Comperj refinery project and a cluster of offshore oil fields (...)
NEWS |
Equinor further focuses NCS portfolio
Equinor has signed an agreement with PGNiG to sell its non-operated interests in the Tommeliten discovery on the Norwegian Continental Shelf (NCS) for a total of USD 220 million.
NEWS |
Penspen signs agreement of intent with Universidad Juárez Autónoma de Tabasco
Penspen, a leading global provider of engineering, asset integrity and project management services to the energy industry, has signed an agreement of intent with the Universidad Juárez Autónoma de Tab (...)
NEWS |
Equinor focuses NCS portfolio through sale of non-core discovery
Equinor has signed an agreement with Aker BP to sell its 77.8% operated interest in the King Lear discovery on the Norwegian Continental Shelf (NCS) for a total of USD 250 million.
NEWS |
Oil and gas exploration licence granted for Isle of Man seabed search
An oil and gas exploration licence has been awarded for part of the Isle of Man’s seabed. Crogga – an island-based company set up by local residents with experience in the oil and gas sector – was awa (...)
NEWS |
KBR Awarded FEED Contract for BP's Tortue Project
KBR, Inc. (NYSE: KBR) announced today that its UK operating subsidiary has been awarded a Front End Engineering Design (FEED) contract by BP for Phase 1 of the Tortue field Hub/Terminal development lo (...)
NEWS |
BP and Aker BP sign agreement around technology
Energy giant, BP, recently announced the signing of a ventures cooperation agreement with Norway based oil exploration and development company Aker BP to explore the scope of cooperation for the compa (...)
NEWS |
Ensco, Rowan to merge in $12bn enterprise value deal
Offshore driller Ensco and Rowan Companies, a leader in drilling services and a 50/50 partner in a joint venture with Saudi Aramco, have agreed to combine in an all-stock transaction taking the enterp (...)
NEWS |
Lundin acquires interest in PL 359, containing the Luno II discovery
Lundin Petroleum AB has announced that its wholly-owned subsidiary Lundin Norway AS has entered into an agreement with Equinor Energy AS, under which Lundin Norway will acquire Equinor's entire 15% wo (...)
NEWS |
Chevron Extends North Sea Contract with Petrofac
Petrofac’s Engineering and Production Services (EPS) division has secured a 12-month engineering services contract extension from Chevron North Sea Limited. The agreement, which has been held by Petro (...)
NEWS |
Equinor acquires a 40% stake in the Rosebank project in the UK
Equinor has signed an agreement to acquire Chevron’s 40% operated interest in the Rosebank project, one of the largest undeveloped fields on the UK Continental Shelf (UKCS). Once concluded, the transa (...)
NEWS |
TOTAL Set to Acquire Chevron's Interest in Danish Shelf
TOTAL S.A. (TOT - Free Report) has entered in an agreement with Chevron Corporation (CVX - Free Report) to acquire all the share capital of its arm Chevron Denmark Inc., which holds 12% interest in th (...)
NEWS |
Equinor strengthening subsea collaboration with Aker Solutions and TechnipFMC
Equinor is signing collaboration agreements with Aker Solutions and TechnipFMC for subsea equipment and services on the Norwegian continental shelf (NCS) and internationally.
NEWS |
Equinor strengthens ties with two major contractors
Equinor has signed agreements with Aker Solutions and TechnipFMC for the provision of subsea equipment and services both in Norway and internationally.
NEWS |
Verus Signs $400MM Acquisition Agreement
Verus Petroleum has signed an agreement for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiary of ITOCHU Corporation.
NEWS |
£4.5bn deal agreed for offshore windfarm stake
Ørsted, formerly DONG Energy, has agreed a £4.5bn deal to sell a 50 per cent stake in the Hornsea 1 offshore wind farm, which is set to be largest project of its kind when it is completed.
NEWS |
Mexico's Pemex reaches deal to see if Talos find reaches its block
Mexican state oil firm Pemex has reached a preliminary agreement with a consortium led by Talos Energy to evaluate whether the group’s find in the Gulf of Mexico extends into a neighboring Pemex block (...)
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