Tag archive for ‘Oil and gas industry news’
By businessnewstoday On Saturday, July 13th, 2019
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USGC petrochemicals project II to be built by Chevron Phillips Chemical and Qatar Petroleum

(adsbygoogle = window.adsbygoogle || []).push({}); USGC petrochemicals project II agreement: Chevron Phillips Chemical Company and Qatar Petroleum have signed an agreement in the White House to jointly More...

By businessnewstoday On Saturday, July 6th, 2019
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Edison to offload oil and gas business to Mediterranean-focused Energean

Energean acquisition of Edison E&P : Italian energy company Edison has signed a deal worth up to $850 million to offload its oil and gas business, which operates under the name  Edison Exploration & Production More...

By businessnewstoday On Wednesday, June 19th, 2019
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Mozambique LNG project FID taken by Anadarko and partners

Mozambique LNG project FID : Anadarko Petroleum and its Mozambican Offshore Area 1 partners have made a final investment decision (FID) on the Mozambique LNG project, an onshore natural gas liquefaction project More...

By businessnewstoday On Thursday, June 13th, 2019
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Culzean gas field in UK North Sea brought into production by Total

Oil and gas industry news : French oil and gas giant Total and its partners in Block 22/25a in the UK North Sea have started production from the Culzean gas field, which is estimated to contain 250-300 million barrels More...

By Raghuram Kadari On Sunday, May 12th, 2019
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Occidental acquisition of Anadarko : US oil and gas firms sign $57bn deal

Occidental acquisition of Anadarko : US-based Occidental Petroleum has entered into a $57 billion merger agreement to acquire all of the outstanding shares of Anadarko Petroleum after the latter terminated its previously More...

By businessnewstoday On Saturday, April 13th, 2019
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Delek Group to acquire Shell’s stake in Caesar Tonga oil field for $965m

Oil and gas industry news : Delek Group has agreed to acquire a stake of 22.45% in the producing Caesar Tonga oil field in the US Gulf of Mexico from Royal Dutch Shell’s subsidiary Shell Offshore for $965 million More...

By businessnewstoday On Sunday, March 31st, 2019
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Murphy Oil to offload Malaysian oil and gas assets to PTTEP in $2.1bn deal

Oil and gas industry news : Murphy Oil has signed a deal to divest its Malaysian assets to Thai state-owned company PTT Exploration and Production’s subsidiary PTTEP HK Offshore in an all-cash deal worth $2.127 More...

By businessnewstoday On Saturday, March 30th, 2019
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TechnipFMC wins subsea contract for Johan Sverdrup Phase 2 project

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 waters of the North Sea. Johan Sverdrup Phase 2 project contract As 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...