Tag archive for ‘Oil and gas news’
Saudi Aramco to sell 49% stake in new oil pipelines subsidiary for $12.4bn to a consortium led by EIG Global Energy Partners
By businessnewstoday On Saturday, April 10th, 2021
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Saudi Aramco to sell 49% stake in new oil pipelines subsidiary for $12.4bn to EIG-led consortium

(adsbygoogle = window.adsbygoogle || []).push({}); Saudi Aramco has signed a deal worth around $12.4 billion with a consortium led by energy infrastructure investor EIG Global Energy Partners to sell More...

Technip Energies wins EPCC contract for the Barauni Refinery expansion project
By businessnewstoday On Saturday, April 10th, 2021
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Barauni Refinery expansion project : Technip Energies wins EPCC contract

Barauni Refinery expansion project : Technip Energies has bagged an engineering, procurement, construction, and commissioning (EPCC) contract for the BR9 Expansion Project in Barauni, Bihar from Indian Oil Corporation More...

The Seadrill-managed Sonangol Libongos drill ship was used for making the Cuica oil discovery in Block 15/06, Angola
By businessnewstoday On Thursday, April 8th, 2021
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Eni reports Cuica oil discovery offshore Angola in Block 15/06

Cuica oil discovery : Italian energy company Eni has made a new light oil discovery in Block 15/06 in the Angolan deepwaters through the drilling of the Cuica-1 NFW well. Eni estimates the oil discovery at the Cuica More...

HMS Group wins $98m oil and gas equipment contract for Russian gas field
By businessnewstoday On Monday, April 5th, 2021
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HMS Group wins $98m oil and gas equipment contract for Russian gas field

HMS Group has bagged a RUB7.5 billion ($98 million) contract for delivering and installing oil and gas equipment for a large Russian gas field. The UK-based pump and compressor manufacturer said that it will be More...

Whitecap Resources acquisition of Kicking Horse Oil & Gas
By businessnewstoday On Monday, April 5th, 2021
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Whitecap Resources to acquire Kicking Horse Oil & Gas for $239m

Whitecap Resources acquisition of Kicking Horse Oil & Gas : Canadian oil company Whitecap Resources has signed a cash-cum-stock deal worth CAD300 million ($239.4 million) to acquire Kicking Horse Oil & Gas. Based More...

HydraWell wins contract from Kinsale Energy for Irish decommissioning project
By businessnewstoday On Saturday, April 3rd, 2021
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HydraWell wins contract from Kinsale Energy for Irish decommissioning project

HydraWell has bagged a multi-year contract from Petronas subsidiary – Kinsale Energy for supporting a decommissioning project in Ireland. The Norwegian well plugging service provider said that the contract More...

Pioneer Natural Resources acquisition of DoublePoint Energy
By businessnewstoday On Saturday, April 3rd, 2021
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Pioneer Natural Resources to acquire DoublePoint Energy for $6.4bn

Pioneer Natural Resources acquisition of DoublePoint Energy : Pioneer Natural Resources Company has signed a stock-cum-cash deal worth around $6.4 billion to acquire DoublePoint Energy, a rival upstream oil and More...

BHEL wins IOCL contract for sulphur recovery unit at Paradip Refinery
By businessnewstoday On Wednesday, March 31st, 2021
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BHEL wins IOCL contract for sulphur recovery unit at Paradip Refinery

Bharat Heavy Electricals Limited (BHEL) has won an INR4 billion ($54 million) order from Indian Oil Corporation Limited (IOCL) for delivering a sulphur recovery unit for the Paradip Refinery in Odisha. The lump-sum More...

Maersk Drilling wins contract from Aker BP for Maersk Reacher jack-up rig
By businessnewstoday On Tuesday, March 30th, 2021
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Maersk Reacher jack-up rig : Maersk Drilling wins contract from Aker BP

Maersk Drilling has won a nine-month contract worth around $33.4 million from Aker BP for the use of its Maersk Reacher jack-up rig at the Valhall oil field, offshore Norway. The ultra-harsh environment jack-up More...

Sval Energi acquires Edison Norge to gain entry in the Wintershall Dea-operated Dvalin field
By businessnewstoday On Monday, March 29th, 2021
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Sval Energi wraps up $300m acquisition of Edison Norge

Sval Energi, a Norwegian oil and gas company, has wrapped up its $300 million acquisition of Edison Norge, which controls Italian energy company Edison’s hydrocarbon exploration and production activities in Norway. The More...