Tag archive for ‘Oil and gas news’
By businessnewstoday On Saturday, March 30th, 2019
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TechnipFMC wins subsea contract for Johan Sverdrup Phase 2 project

(adsbygoogle = window.adsbygoogle || []).push({}); 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 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 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...

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. The crude oil and natural gas production 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...