Tag archive for ‘Oil and gas industry news’
By businessnewstoday On Saturday, December 8th, 2018
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Noble Energy Partners acquires stakes in Bakken and Eagle Ford shale assets

(adsbygoogle = window.adsbygoogle || []).push({}); Oil and gas industry news : Noble Energy Partners has acquired stakes and overriding royalty interests across 13 Bakken and two Eagle Ford Shale horizontal 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...

By businessnewstoday On Saturday, November 24th, 2018
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Chevron’s $4bn Big Foot project in US Gulf of Mexico enters into production

Oil and gas industry news : Chevron and its partners have started production from the $4bn Big Foot project – a deepwater oil and gas project in the US Gulf of Mexico. (adsbygoogle = window.adsbygoogle More...

By businessnewstoday On Monday, November 19th, 2018
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Expro bags 4-yr contract extension from BP for Shah Deniz Stage 2 project

UK-based oilfield services company Expro has secured a four-year contract extension from BP for the $28 billion Shah Deniz Stage 2 project offshore Azerbaijan as per the latest oil and gas industry news. Shah Deniz More...

By businessnewstoday On Sunday, November 18th, 2018
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Total and partners sign MoU of gas agreement for Papua LNG Project

Oil and gas industry news : French oil and gas giant Total alongside its partners ExxonMobil and Oil Search has signed a Memorandum of Understanding (MoU) with the Papua New Guinea (PNG) government to establish More...

By Soujanya Ravi On Sunday, September 30th, 2018
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Verus Petroleum announces $400m acquisition of North Sea operator Cieco

Verus Petroleum acquisition of Cieco : Scottish oil and gas company Verus Petroleum, has signed a $400 million Sale & Purchase Agreement (SPA)  with Japanese commodity trading house Itochu to acquire its subsidiary More...

By businessnewstoday On Saturday, September 29th, 2018
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ExxonMobil, Qatar Petroleum win Tita exploration block offshore Brazil

Oil and gas industry news : ExxonMobil and Qatar Petroleum (QP) have bagged rights for the Tita exploration block offshore Brazil during the country’s 5th pre-salt bid round. While ExxonMobil will be the operator More...

By Soujanya Ravi On Saturday, September 8th, 2018
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Eclipse Resources, Blue Ridge to merge as $1.4bn Utica-focused gas operator

Energy acquisition news : Rival oil and gas companies Eclipse Resources and Blue Ridge Mountain Resources have signed an all-stock merger deal to form a $1.4 billion Utica-focused gas operator. While Eclipse Resources More...

By businessnewstoday On Sunday, June 24th, 2018
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Mubadala Petroleum joins Shorouk Block in Egypt through $930m deal with Eni

Energy acquisition news : Abu Dhabi-based Mubadala Petroleum has forayed into the Shorouk Block, an Egyptian offshore concession in the Mediterranean Sea by completing its acquisition of a stake of 10% for $930 More...

By businessnewstoday On Tuesday, June 19th, 2018
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Baytex Energy to acquire rival Canadian oil and gas producer Raging River for $2.1bn

Energy acquisition news : Canadian oil and gas producer Baytex Energy has agreed to acquire its rival Raging River Exploration in a deal worth CAD2.8 billion ($2.13 billion) to create a top oil-weighted producer More...