Tag archive for ‘Oil and gas news’
By businessnewstoday On Sunday, September 8th, 2019
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Snefrid Nord gas field in Norwegian Sea brought on stream by Equinor

(adsbygoogle = window.adsbygoogle || []).push({}); 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 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...

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...