BPCL Kochi refinery : $830m propylene derivative petrochemical complex inaugurated by PM Modi
(adsbygoogle = window.adsbygoogle || []).push({}); Narendra Modi, the Prime Minister of India, has inaugurated an INR 60 billion ($830 million) propylene derivative petrochemical complex at the BPCL More...
ARC Resources, Seven Generations Energy sign $6.3bn merger deal
Canadian oil and gas companies ARC Resources and Seven Generations Energy have agreed to merge in an all-stock deal worth nearly CAD 8.1 billion ($6.38 billion) with an objective to become a leading producer in More...
Golden Eagle development : EnQuest to acquire Suncor’s stake in $375m worth deal
EnQuest has signed a deal worth up to $375 million to acquire Suncor Energy UK’s entire stake of 26.69% in the Golden Eagle development in the UK North Sea. As per the terms of the deal, the UK-based oil and gas More...
Reliance Industries signs $250m deal to offload US shale assets to Northern Oil and Gas
Reliance Industries has signed a $250 million worth deal to offload its stake in some producing assets in the Appalachian Basin in US held by its fully-owned subsidiary Reliance Marcellus to Delaware-based Northern More...
BP to sell 20% stake in Oman’s Block 61 to PTTEP for $2.6bn
Oil and gas giant BP has signed a deal worth $2.6 billion to divest a 20% participating stake in the producing Block 61 in Oman to Thailand-based PTT Exploration and Production Public Company (PTTEP). Upon More...
DOF Group wins contract for Skandi Kvitsøy PSV in North Sea
The DOF Group has been awarded a long-term contract for the Skandi Kvitsøy offshore supply ship in the North Sea from an undisclosed multinational energy company. The Norwegian supply shipping company did not disclose More...
Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S
Equinor Energy has secured drilling permit from the Norwegian Petroleum Directorate (NPD) for well 31/11-1 S in production licence 785 S (PL 785 S) in the Norwegian North Sea. The company will drill well 31/11-1 More...
Petrobras makes oil discovery in CM-411 block with Urissanê well
Petrobras has discovered the presence of hydrocarbons in the CM-411 block in the Campos Basin pre-salt, offshore Brazil, through the drilling of the Urissanê well (1-BRSA-1377-RJS well). The Urissanê well, which More...
lndianOil to build $400m oil refinery in Nagapattinam, Tamil Nadu
Indian Oil Corporation Limited (lndianOil) said that its board has sanctioned the construction of an INR29.3 billion ($400 million) oil refinery at Cauvery Basin, Nagapattinam in Tamil Nadu with a capacity of 9 More...
Eni wins P2511 licence in 32nd UK Offshore Licensing Round
Italian oil and gas giant Eni has been awarded the P2511 licence, a new production licence in the UK part of the North Sea, during the 32nd UK Offshore Licensing Round. The P2511 licence is spread over an area of More...