Tag archive for ‘Oil and gas industry news’
By businessnewstoday On Thursday, June 13th, 2019
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Culzean gas field in UK North Sea brought into production by Total

(adsbygoogle = window.adsbygoogle || []).push({}); Oil and gas industry news : French oil and gas giant Total and its partners in Block 22/25a in the UK North Sea have started production from the More...

By Raghuram Kadari On Sunday, May 12th, 2019
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Occidental acquisition of Anadarko : US oil and gas firms sign $57bn deal

Occidental acquisition of Anadarko : US-based Occidental Petroleum has entered into a $57 billion merger agreement to acquire all of the outstanding shares of Anadarko Petroleum after the latter terminated its previously More...

By businessnewstoday On Saturday, April 13th, 2019
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Delek Group to acquire Shell’s stake in Caesar Tonga oil field for $965m

Oil and gas industry news : Delek Group has agreed to acquire a stake of 22.45% in the producing Caesar Tonga oil field in the US Gulf of Mexico from Royal Dutch Shell’s subsidiary Shell Offshore for $965 million More...

By businessnewstoday On Sunday, March 31st, 2019
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Murphy Oil to offload Malaysian oil and gas assets to PTTEP in $2.1bn deal

Oil and gas industry news : Murphy Oil has signed a deal to divest its Malaysian assets to Thai state-owned company PTT Exploration and Production’s subsidiary PTTEP HK Offshore in an all-cash deal worth $2.127 More...

By businessnewstoday On Saturday, March 30th, 2019
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TechnipFMC wins subsea contract for Johan Sverdrup Phase 2 project

Oil and gas industry news : TechnipFMC has bagged a subsea contract from Equinor for the $4.83 billion Johan Sverdrup Phase 2 project in the Norwegian waters of the North Sea. Johan Sverdrup Phase 2 project contract As More...

By Soujanya Ravi On Sunday, March 3rd, 2019
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BHP sanctions $696m funding for the Atlantis Phase 3 project

Oil and gas industry news : BHP has approved $696 million funding for the Atlantis Phase 3 project, an offshore oil project in the US Gulf of Mexico to be developed with an investment of $1.3 billion. BHP holds More...

By Soujanya Ravi On Tuesday, February 19th, 2019
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ADNOC awards Abu Dhabi Onshore Block 3 rights to Occidental Petroleum

US oil and gas company Occidental Petroleum has been granted exploration rights to Abu Dhabi’s Onshore Block 3 from the Abu Dhabi National Oil Company (ADNOC) for a participation fee of AED893 million ($244 million). The More...

By businessnewstoday On Monday, December 17th, 2018
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Qatar Petroleum to join Eni as partner in $2bn Area 1 project offshore Mexico

Oil and gas industry news : Qatar Petroleum is all set to join Eni as a partner in the offshore Area 1 project, which is being developed in Mexico with an investment of $2.0 billion. The Qatar state-owned petroleum More...

By businessnewstoday On Saturday, December 8th, 2018
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Noble Energy Partners acquires stakes in Bakken and Eagle Ford shale assets

Oil and gas industry news : Noble Energy Partners has acquired stakes and overriding royalty interests across 13 Bakken and two Eagle Ford Shale horizontal wells and associated pipeline infrastructure in the US More...

By businessnewstoday On Sunday, November 25th, 2018
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BP starts production from £4.5bn Clair Ridge project in Scottish waters

Oil and gas industry news : BP and its partners have commenced production from the £4.5 billion worth Clair Ridge project located in Scottish territorial waters to exploit an estimated seven billion barrels of More...