Tag archive for ‘Oil and gas news’
By businessnewstoday On Saturday, September 28th, 2019
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Vår Energi awards Balder X project contract to BHGE and Ocean Installer

(adsbygoogle = window.adsbygoogle || []).push({}); Baker Hughes, a GE company (BHGE), and Ocean Installer have bagged a subsea contract from Vår Energi for the Balder X project, which is being taken More...

By businessnewstoday On Sunday, September 8th, 2019
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Snefrid Nord gas field in Norwegian Sea brought on stream by Equinor

The Snefrid Nord gas field located in the Norwegian Sea has been brought into production by Equinor and its partners through a subsea tieback to the Aasta Hansteen gas field. According to Equinor, the Snefrid Nord More...

By businessnewstoday On Friday, August 9th, 2019
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US midstream crude company Oryx Midstream raises $550m from QIA

Oryx Midstream Services, a US midstream crude company in the Permian Basin, has secured an equity investment of around $550 million from an affiliate of Qatar Investment Authority (QIA), a Qatari state-owned investment More...

By businessnewstoday On Saturday, August 3rd, 2019
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Alliance Resource Partners buys Midland Basin assets from Wing Resources

Energy acquisition news : Alliance Resource Partners (ARLP), an Oklahoma-based natural resource company, has completed a previously announced $145 million acquisition of oil and gas mineral interests from Wing Resources More...

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

USGC petrochemicals project II agreement: Chevron Phillips Chemical Company and Qatar Petroleum have signed an agreement in the White House to jointly develop a new mega-petrochemical plant in the US Gulf Coast, 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 Sunday, June 16th, 2019
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Reliance, BP to move ahead with new Krishna-Godavari Basin gas project

India oil and gas news : Reliance Industries and its partner BP in the Block KG D6 have sanctioned a new project to draw more gas from India’s Krishna-Godavari Basin by developing the MJ gas field. Dubbed as the 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, 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...