Author: oilandgasnews365 reporter
PetroNeft Resources to increase stake in Licence 67 in Russia to 90%
Irish oil and gas company PetroNeft Resources has signed a heads of terms agreement to acquire an additional 40% stake in Licence 67 in Russia ... Read More
Halliburton carries out electric grid-powered fracturing in Permian Basin
Halliburton revealed that it has successfully deployed an electric grid-powered fracturing operation for Cimarex Energy on several pads in the Permian Basin in the US. ... Read More
Heirs Holdings acquires 45% stake in onshore oil block OML 17 in Nigeria
Heirs Holdings in partnership with affiliated company Transnational Corporation of Nigeria (Transcorp), has acquired a 45% non-operating stake in OML 17, an onshore oil concession ... Read More
New Fortress Energy to acquire Hygo Energy Transition and Golar LNG Partners for $5bn
US-based gas-to-power company New Fortress Energy (NFE) has agreed to acquire Bermuda-based natural gas storage provider Hygo Energy Transition and Golar LNG Partners (GMLP) for ... Read More
R Cluster gas project : Reliance and BP begin production from Indian gas field
Indian conglomerate Reliance Industries Limited (RIL) and its partner BP have started production from the R Cluster gas project in the Krishna-Godavari Basin, offshore India. ... Read More
Hilcorp Energy wraps up $5.6bn acquisition of BP’s Alaska operations
Hilcorp Energy has wrapped up the previously announced $5.6 billion acquisition of BP’s upstream and midstream operations in Alaska. Harvest Alaska, a midstream services provider ... Read More
Gråsel oil field : Aker BP and partners to invest $140m to develop Norwegian Sea discovery in 2021
Aker BP and its partners in the Skarv Ara in the Norwegian Sea have decided to develop the Gråsel oil field next year having approved ... Read More
OKEA to acquire Repsol’s stake in Vette oil discovery and PL 972
Norway-based OKEA has agreed to acquire Repsol Norge’s 40% operated working interest in the in the Norwegian North Sea’s PL 972, which includes the Vette ... Read More
Zephyr Energy spuds State 16-2 well in Paradox Basin, Utah
UK-based oil and gas company Zephyr Energy has started drilling of the State 16-2 well in the Paradox Basin in Utah using the Cyclone rig. ... Read More
Northern Lights CCS project gets approval from Norwegian government
The Norwegian government has approved the Northern Lights CCS project, a CO2 transport and storage project being taken up by Equinor and its partners on ... Read More