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NEWS |
Verus Announces Signing Of SPA For Acquisition Of Cieco Exploration & Production (UK) Limited
Verus Petroleum has announced today 20 September 2018, that it has signed a Sale & Purchase Agreement (SPA) for the acquisition of Cieco Exploration & Production (UK) Limited, a wholly owned subsidiar (...)
NEWS |
Infinity awarded frame agreement and first project from major E&P company
Infinity have been awarded a frame agreement for the provision of engineering and commenced the first project. Infinity announced that the first project, a fast track subsea tie-back to an existing fa (...)
NEWS |
UK union suspends Monday strike at Total's North Sea oil, gas platforms
UK labor union Unite has agreed to suspend strike action that had been set for Monday at Total's North Sea oil and gas platforms following new proposals on working conditions put forward during talks (...)
NEWS |
Maersk Drilling, Aker BP sign major contract founded on joint alliance
Maersk Drilling and Aker BP have agreed to a one-year contract to deploy high-performance rig Maersk Integrator on the Norwegian shelf from June 2019. The contract is founded on the alliance that the (...)
NEWS |
BHGE secures sub-sea services extension
Baker Hughes, a GE company, has received a three-year extension to a sub-sea services frame agreement with Equinor for its operations on the Norwegian Continental Shelf.
NEWS |
Transocean to acquire Ocean Rig
Transocean Ltd. and Ocean Rig UDW Inc. have entered into a definitive merger agreement under which Transocean will acquire Ocean Rig in a cash and stock transaction valued at about $2.7 billion, inclu (...)
NEWS |
Maersk Reacher jackup reactivated
Maersk Drilling and Aker BP have agreed to a new two-year contract to reactivate and quickly deploy jackup rig Maersk Reacher in the Norwegian part of the North Sea.
NEWS |
Deals this week: Baker Hughes, Ampelmann, Wood Group
Baker Hughes, a subsidiary of GE, has secured a three-year extension of a subsea services frame agreement signed with Equinor.
NEWS |
JDR And Wild Well Sign Five-year Long Term Service Agreement
JDR Cables Systems (JDR), the leading supplier of subsea umbilicals and power cables owned by TFKable Group, has been awarded a five-year Long Term Service Agreement with Wild Well Control, Inc. (Wild (...)
NEWS |
Bilfinger Salamis Benefitting Due To Unique Partnership with AIS Training
Streamlined operations, improved efficiencies, reduced costs and cutting-edge training technology are just some of the benefits oil and gas giant, Bilfinger Salamis, is enjoying thanks to a unique par (...)
NEWS |
Petrofac Sells North Sea Assets For USD292 Million
Petrofac Ltd on Friday said it agreed to sell its subsidiary Petrofac GSA Holdings Ltd for up to USD292 million to oil & gas operator Ithaca Energy UK Ltd
NEWS |
Petronas makes an entry into Senegal’s oil and gas industry
Malaysian oil and gas company Petronas, through its subsidiary PC Senegal Ltd, has signed a farm-in agreement with Total E&P Senegal SAS, a subsidiary of Total, to acquire a 30 per cent participating (...)
NEWS |
Chevron to Develop Iraqi Oilfields
Iraq’s state-run Basra Oil Company and Chevron, an American multinational energy corporation, agreed to begin implementing a memorandum of understanding to develop fields in the south of the country, (...)
NEWS |
Faroe Petroleum generates excitement with Shetland exploration prospect
Faroe Petroleum has shown faith in the exploration potential of the UK North Sea by agreeing to buy into acreage East of Shetland after focusing recent investment on Norway.
NEWS |
RockRose Energy buys Dana Petroleum’s stake in Arran field offshore UK
Oil and gas company RockRose Energy has entered into a sale and purchase agreement to acquire 20.43% stake in the Arran field offshore UK from Dana Petroleum, the operator of the field.
NEWS |
Iran and Russia sign major deal for Caspian Sea
IRAN and Russia have agreed with three other ex-soviet nations how to divide up the oil and gas resources of the Caspian Sea leading the way for more energy exploration.
NEWS |
Neptune Energy Group Agrees to Acquire UK Central North Sea Assets
Neptune Energy Group (“Neptune”) announced today that it has entered into a Sale and Purchase Agreement to acquire certain development and exploration assets in the UK Central North Sea from Apache No (...)
NEWS |
Traveleads Sign Up as Events Page Sponsor
Traveleads have signed a 24-month agreement with Oil & Gas Vision, to come on board as their events page sponsor. As one of the UK's largest independent travel management companies, Traveleads have be (...)
NEWS |
Hunting Progresses Organic Oil Recovery Technology with Major Operators
Following the signing of a collaboration agreement between Hunting and US-based enhanced oil recovery company, Titan Oil Recovery Inc earlier this year, Hunting is now successfully progressing Organic (...)
NEWS |
Shell Brazil invests in solution for inspecting FPSO tanks
Aberdeen-based inspection technology and service provider for the oil and gas industry, Innospection, Shell Brazil and SENAI CIMATEC technology institute in Salvador, Brazil, have recently signed a pa (...)
NEWS |
BP transforms its US onshore oil and gas business
In a move that will upgrade and materially reposition its US onshore oil and gas business, BP has agreed to acquire a portfolio of world-class unconventional oil and gas assets from BHP. The acquisiti (...)
NEWS |
Norway oil workers and employers agree deal, strike ends
Norwegian drilling rigs workers will end their industrial action after the union representing 1,600 striking employees reached a deal with the group acting for their employers, the parties said on Thu (...)
NEWS |
Vattenfall signs new offshore wind power agreement
Vattenfall has signed one of Europe’s first power purchase agreements involving an offshore wind farm.
NEWS |
SNC-Lavalin seals KJO engineering services agreement
SNC-Lavalin, confirmed they hav signed a five-year framework agreement with Al Khafji Joint Operations (KJO), a joint operations firm comprising Aramco Gulf Operations Company and Kuwait Gulf Oil Comp (...)
NEWS |
TechnipFMC signs master services agreement with Petrobras
TechnipFMC has been awarded by Petróleo Brasileiro (Petrobras) a 3-year master services agreement in Brazil, with a 2-year renewal option.
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