Tag: Oil and gas industry news
Earthstone Energy to acquire Novo Oil & Gas in strategic Delaware Basin expansion
Earthstone Energy has inked an agreement to purchase Novo Oil & Gas Holdings, a private exploration and production (E&P) company focused on the Delaware Basin, ... Read More
Patterson-UTI Energy, NexTier Oilfield Solutions announce $5.4bn all-stock merger
Patterson-UTI Energy and NexTier Oilfield Solutions have unveiled plans to combine in an all-stock merger of equals transaction, forming an industry leading drilling and completions ... Read More
South Texas Gateway Terminal : Gibson Energy to expand North American terminal footprint with $1.1bn acquisition
Gibson Energy is set to acquire the South Texas Gateway Terminal (STGT) LLC, in a cash deal valued at $1.1 billion, expanding its North American ... Read More
Eirin field development : Aker Solutions receives LOA from Equinor
Aker Solutions has secured a Letter of Award (LOA) from Equinor to supply the subsea production system and control umbilical for the Eirin field development, ... Read More
Julimar Phase 3 Development : TechnipFMC secures contract from Woodside Energy
TechnipFMC has clinched a contract valued between $75 million and $250 million from Woodside Energy pertaining to the Julimar Phase 3 development, situated offshore Western ... Read More
Rio Grande LNG project : TotalEnergies strikes partnership with NextDecade
French oil and gas company TotalEnergies has inked a framework agreement with American firm NextDecade, solidifying their joint commitment to the development of the Rio ... Read More
Equinor Energy’s wildcat well 31/2-24 near Troll field turns out to be dry
Equinor Energy has failed to find any hydrocarbons following the drilling of wildcat well 31/2-24, located approximately 3km west of the Troll field in the ... Read More
ADS Services partners with Iraqi Drilling Company to bolster Iraq’s oil industry
US-based drilling contractor, ADS Services, has entered into a strategic partnership with the Iraqi Drilling Company (IDC), aiming to transform Iraq's oil industry. The collaboration ... Read More
TotalEnergies pulls off Ntokon oil and gas discovery in OML 102, Nigeria
TotalEnergies and its partner NNPC Ltd have pulled off the Ntokon oil and gas discovery in the Oil Mining Lease 102 (OML 102), located off ... Read More
BCP Resources acquires 16 Permian Basin fields from Chord Energy
BCP Resources, a Midland-based operator, has completed the acquisition of assets from a wholly-owned subsidiary of Chord Energy Corporation, which encompasses 16 fields located in ... Read More