Tag archive for ‘Oil and gas 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. 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...

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 Tuesday, April 3rd, 2018
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Total, Sonatrach start production from Timimoun gas project in Algeria

Oil and gas industry news : Total, Sonatrach and Cepsa have started production from the Timimoun gas project in Algeria, almost nine years after the approval of its development plan by the Algerian National Oil More...

By businessnewstoday On Sunday, March 18th, 2018
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Total to pay ADNOC $1.45bn to join Abu Dhabi offshore concessions

Total ADNOC deal : Total has made a AED5.3 billion ($1.45 billion) deal with the Abu Dhabi National Oil Company (ADNOC) to take stakes in two new offshore blocks in Abu Dhabi. As per the agreements signed by the More...