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NEWS |
Equinor signing strategic collaboration agreement with Aibel
To ensure a close and long-term collaboration, Equinor and Aibel have entered into a strategic collaboration agreement.
NEWS |
Petoro selects FutureOn as software technology partner
FutureOn, the global energy software company, has signed a recurring annual software license agreement with Petoro.
NEWS |
Fossil fuels: 20 oil and gas firms who support Paris Agreement projected to spend $932bn on new sites by 2030
Just 20 fossil fuel firms including Shell and BP are projected to spend $932 billion (£715 bn) on new oil and gas fields by 2030, according to new research shared exclusively with Sky News.
NEWS |
Centrica makes UK solar push
Centrica and UK renewables developer Push Energy have signed a framework agreement to build a pipeline of solar projects in the UK.
NEWS |
Three Fields To Export Oil To Flotta Terminal Until End Of Life
The Golden Eagle, Piper, and Claymore field owners have executed new agreements reaffirming their commitment to export produced oil to the Flotta Terminal until the end of field life in the 2030s.
NEWS |
Finder Builds North Sea Position Around the Giant Buzzard Field
Finder Energy Holdings Limited (Finder or Company) is pleased to announce it has expanded its UK North Sea portfolio after entering into an agreement with Talon Energy Ltd (Talon) to acquire a 100% in (...)
NEWS |
BW Energy to proceed with Maromba oil project
BW Energy has decided to proceed with the Maromba development project offshore Brazil and signed an agreement to purchase the FPSO Polvo from BW Offshore.
NEWS |
Well-Safe Solutions announces agreement to add third rig to fleet
Well decommissioning specialists Well-Safe Solutions have today announced that they have reached an agreement with Awilco Drilling to acquire the WilPhoenix semi-submersible rig – Well-Safe Solutions’ (...)
NEWS |
OPEC+ eye modest supply boost as demand dented by China COVID rules
OPEC+ members meeting on Thursday are expected to agree a marginal increase in oil production, bolstered by risks to demand amid coronavirus restrictions in China.
NEWS |
Australia slaps tax on oil industry to pay for field clean-up
Australia has agreed to pay A$325 million ($244 million) for the first stage of clean-up at an abandoned oil field in the Timor Sea, and Parliament has passed a law to slap a levy on oil and gas produ (...)
NEWS |
Ithaca Energy to Buy Summit E&P, as Sumitomo Exits UK's Upstream Oil & Gas Sector
London-listed oil and gas company Ithaca Energy said Thursday it had agreed to acquire Summit Exploration and Production Limited, a UK North Sea-focused oil company and a subsidiary of Japan's Sumitom (...)
NEWS |
Equinor to build offshore wind turbines off the coast of the Canary Islands
Equinor and the Spanish energy company Naturgy entered into an agreement on the development and construction of floating offshore wind turbines off the coast of the Canary Islands.
NEWS |
Ithaca Energy to create 'thousands of jobs' after £1.1billion deal
Ithaca Energy has agreed to buy Siccar Point Energy in a deal worth around £1.1billion.
NEWS |
Aize and Aker BP form a strategic partnership to provide a single source of truth for assets in operation
Aize has announced a strategic collaboration agreement with Aker BP (OSE: AKERBP), one of Europe’s largest independent oil and gas companies and a frontrunner within digitalisation, to develop and imp (...)
NEWS |
There’s no substitute for experience when it comes to sourcing and placing the best people for energy projects
As we emerge from the pandemic, with a rapidly rising oil price and a recognition that oil and gas are vital to security of domestic supply, delayed projects are coming back on stream and new ones are (...)
NEWS |
Aker Carbon Capture and SINTEF Expand Collaboration to Develop Next-Generation CCUS Technology
Aker Carbon Capture and SINTEF have entered into a strategic collaboration agreement, with the goal of further developing carbon capture utilization and storage (CCUS) technology to reduce CO2 emissio (...)
NEWS |
Saudi Aramco signs agreement with China’s Sinopec for potential downstream collaboration
Saudi Aramco, the world’s largest oil-exporting company, signed a preliminary agreement with China Petroleum and Chemical Corporation (Sinopec) for a potential downstream (refining and petrochemicals) (...)
NEWS |
AGR engaged by Emperor Energy to progress permitting of Judith-2 well off Australia
AGR’s Well Management division has secured a new contract with Emperor Energy Limited (ASX: EMP) (‘Emperor’) on its Judith-2 appraisal well off the coast of Victoria, Australia.
NEWS |
Aberdeen City Council and bp Sign Joint Venture Agreement to Develop City Hydrogen Hub
Aberdeen City Council and bp have today signed an agreement to form a joint venture partnership that will deliver a scalable green hydrogen production, storage and distribution facility in the city po (...)
NEWS |
BP And Eni Combine Angolan Upstream Businesses
BP and Eni have signed an agreement to form a new independent company named Azule Energy through the combination of the two companies’ Angolan businesses.
NEWS |
Williams to acquire Trace Midstream’s Haynesville assets for $950m
US-based midstream company Williams has agreed to acquire the gathering and processing assets of Trace Midstream in the Haynesville shale region in the US for $950m.
NEWS |
Ashtead Technology signs rental agreement with OceanTools
International subsea rental equipment and solutions specialist Ashtead Technology has signed an exclusive rental agreement with Aberdeen based OceanTools, a subsea engineering company specialising in (...)
NEWS |
Rovco to invest in SMD’s new EV Work Class ROV system
World leading subsea equipment manufacturer Soil Machine Dynamics Ltd (SMD) and intelligent offshore services provider Rovco Ltd have signed a Letter of Intent (LOI) for next generation EV Work Class (...)
NEWS |
Baker Hughes Signs Agreement to Acquire Altus Intervention to Strengthen its Oil & Gas Integrated Well Intervention Solutions
Baker Hughes has announced it is acquiring Altus Intervention, a leading international provider of well intervention services and down-hole oil & gas technology with 40 years of industry experience.
NEWS |
New North Sea oil and gas licences ‘incompatible with UK climate goals’
New oil and gas licences for the North Sea are incompatible with the UK’s international climate commitments and the Paris climate agreement, analysts have said.
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