Búzios oil field : Saipem, Daewoo Shipbuilding win contract for P-79 FPSO
(adsbygoogle = window.adsbygoogle || []).push({}); Saipem and Daewoo Shipbuilding & Marine Engineering (DSME) have bagged a contract from Petróleo Brasileiro (Petrobras) for the construction More...
Tourmaline Oil Corp. to acquire Montney play producer Black Swan Energy
Canadian natural gas producer Tourmaline Oil Corp. has signed a CAD 1.1 billion ($904.9 million) deal to acquire Black Swan Energy, a privately held Calgary-based energy company. The consideration is made up of More...
Valaris wins contract for Valaris Relentless drillship from Chevron
Valaris Limited has bagged a three-year contract from Chevron for the use of its Valaris Relentless drillship (VALARIS DS-18 drillship) in the US Gulf of Mexico. The Bermuda-based offshore drilling services provider More...
Hasselmus gas project : OKEA and partners to develop Norwegian Sea discovery
OKEA and its partners Petoro and Neptune Energy Norge have decided to go ahead with the Hasselmus gas project in the Norwegian Sea with an investment of NOK 600-700 million ($72-84.25 million). The Hasselmus gas More...
Bacalhau oil field : $8bn phase 1 development approved by Equinor and partners
Equinor and its partners have approved the phase 1 development of the Bacalhau oil field in the Santos Basin, offshore Brazil with an investment of around $8 billion. The Bacalhau field spans across the BM-S-8 and More...
Oil India Limited transfers 2.28cr shares in Numaligarh refinery to Assam govt
Oil India Limited said that it has transferred around 2.28 crores of equity shares of Numaligarh Refinery Limited (NRL) to the Assam government for INR 217.75 per share or a total of INR 496,62,58,655. Following More...
Cabot Oil & Gas and Cimarex Energy sign $17bn merger deal
US-based upstream companies Cabot Oil & Gas Corporation and Cimarex Energy have agreed to combine in an all-stock merger of equals that values the enlarged firm at around $17 billion. Based in Texas, Cabot Oil More...
Malampaya gas project : Shell to divest 45% stake to Udenna in $460m deal
Royal Dutch Shell is executing a deal worth up to $460 million to sell its interest in the Malampaya gas project in the Philippines to Malampaya Energy XP, a subsidiary of Udenna Corporation. The deal is being carried More...
Wintershall Dea reports Dvalin North discovery in Norwegian Sea
Wintershall Dea said that it has made a gas, condensate, and oil discovery by the drilling of wildcat well 6507/4-2 S at the Dvalin North prospect in the Haltenbanken area of the Norwegian Sea. According to the More...
ONGC reports damage to offshore infrastructure caused by Cyclone Tauktae
Oil and Natural Gas Corporation (ONGC) has reported significant damage to its major production installations and drilling rigs located offshore Mumbai in the Arabian Sea due to Cyclone Tauktae. The Indian state-owned More...
