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NEWS |
Reliance to sell US shale gas assets
Reliance Industries Ltd has closed its last US shale gas asset after agreeing to sell its holdings of EagleFord shale gas assets for a private amount.
NEWS |
Earth Science Analytics and Rockwash Geodata Ltd announce strategic collaboration to drive high-value realization from dormant digital assets
Rockwash Geodata Ltd, an industry leading geological laboratory and services company, has announced a collaboration agreement with analytics and machine learning company Earth Science Analytics (ESA).
NEWS |
Noble Corporation and Maersk Drilling announce agreement to combine
Noble Corporation (“Noble”) and The Drilling Company of 1972 A/S (“Maersk Drilling”) today announced that they have entered into a definitive business combination agreement to combine in a primarily a (...)
NEWS |
Offshore Decommissioning Market to Grow $8.0 Billion by 2027
The Offshore Decommissioning Market size is expected to grow from an estimated USD 5.2 billion in 2021 to USD 8.0 billion by 2027, at a CAGR of 7.4%. Aging offshore oil & gas infrastructure and maturi (...)
NEWS |
TechnipFMC and Saipem to collaborate on subsea projects
Offshore contracting giants TechnipFMC and Saipem have teamed up to identify subsea projects worldwide that could be jointly executed.
NEWS |
Wood and HYGEN Energy to accelerate green hydrogen production in the UK
Wood has agreed a Memorandum of Understanding (MoU) with HYGEN Energy to accelerate the production of green hydrogen for decarbonising transportation in the United Kingdom (UK).
NEWS |
ASCO Norway supports Horisont Energi in the move towards Net Zero future
Global integrated materials and logistics management company, ASCO has been chosen as the supplier of logistics and supply services for Horisont Energi’s pioneering endeavors within the production of (...)
NEWS |
Lundin to pay $320M for OMV’s interest in Wisting development
Oil and gas company Lundin Energy has entered into an agreement with OMV to pay $320 million for the acquisition of its entire 25 per cent working interest in the Wisting development, located in the s (...)
NEWS |
TechnipFMC and Saipem announce SURF commercial agreement to unlock new opportunities
TechnipFMC and Saipem today announced the two companies have entered into a global commercial agreement that will allow them to identify projects worldwide that could be jointly executed for the benef (...)
NEWS |
Equinor farms down in Dogger Bank C and expands partnership with Eni
Equinor has entered into an agreement with Eni to sell a 10% interest in the Dogger Bank Wind Farm C project in the UK.
NEWS |
Sinopec inks long-term LNG agreement with Venture Global
Venture Global LNG signed a long-term contract with China Petroleum & Chemical Corp. (Sinopec) for the supply of 4 million tonnes/year of liquefied natural gas (LNG) for 20 years from its plant in Pla (...)
NEWS |
Pioneer Announces $3.25B Permian Deal
Pioneer Natural Resources Company has announced that it has entered into a definitive agreement with Continental Resources to sell all of its assets in the Delaware Basin for cash proceeds of $3.25 bi (...)
NEWS |
Nexans Engage MAATS Tech for Bespoke Service Agreement
MAATS Tech Ltd are happy to announce that French energy experts, Nexans, have selected a 1 year Gold Level Service and Support provision for the deck lay equipment on the Nexans Aurora.
NEWS |
PGNiG Buys All Of Ineos Norwegian Assets At Almost Half-Price
PGNiG Upstream Norway, a Norwegian subsidiary of Polish state-owned oil and gas company PGNiG, has just received approval from Norwegian authorities to acquire all assets of INEOS E&P Norge at almost (...)
NEWS |
Equinor and Rosneft agree to cooperate on carbon management
On 28 September 2021, Equinor and Rosneft signed an agreement on collaboration in carbon management.
NEWS |
Petrofac reaches plea agreement with UK's SFO
Petrofac Limited has announced that it has reached a plea agreement with the UK Serious Fraud Office (SFO) in relation to its investigation into the company’s historical use of agents.
NEWS |
Aberdeen-based Prism Energy Secures Six-Figure Deal As Part of Three-Year Frame Agreement
Prism Energy, an Aberdeen-based project & risk management consultancy which also offers software solutions, announces today (Monday 20th September) that it has secured a six-figure deal as part of a t (...)
NEWS |
Shell agrees $9.5bn sale of Permian business to ConocoPhillips
Royal Dutch Shell has agreed to sell its business in the Permian Basin, the biggest oilfield in the US, to rival ConocoPhillips for $9.5bn in cash.
NEWS |
Ithaca Energy agrees to buy Marubeni's North Sea assets for US$ 1 billion, sources say
Ithaca Energy has agreed to acquire Marubeni's oil and gas assets in the North Sea for about US$1 billion, industry sources told Reuters.
NEWS |
DeepOcean inks subsea cable repair deal with Equinor
DeepOcean has secured a frame agreement contract by Equinor to provide contingency equipment and services for handling high-voltage subsea cables utilized for offshore renewables and oil and gas.
NEWS |
Petrofac and CO2 Capsol collaborate on carbon capture initiatives
Petrofac has signed an agreement with carbon capture technology company, CO2 Capsol, which enables collaboration on carbon capture projects.
NEWS |
Shell and Kongsberg in pact for digital transformation of wells
Oil major Shell and Kongsberg Digital have entered into a strategic partnership agreement to collaborate and accelerate digital solutions and transformation for well delivery and performance.
NEWS |
Edinburgh-based Cairn agrees compromise to end India tax saga
Cairn Energy plans to return $700 million (£500m) to investors as it moves to end a long-running tax dispute in India at what looks like a high price.
NEWS |
Bilfinger renewable generator agreement to help curb emissions in oil and gas decommissioning
Operations, maintenance and asset integrity contractor Bilfinger Salamis, has partnered with Netherlands-based Amphibious Energy to provide renewable energy generator units capable of saving 50 tonnes (...)
NEWS |
Scots seek new Holyrood backing for renewables
Industry body Scottish Renewables has called on the signatories to a fresh government agreement to ensure they continue to support the green power sector, including the introduction of a new planning (...)
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