BPCL Kochi refinery : $830m propylene derivative petrochemical complex inaugurated by PM Modi

oilandgasnews365 reporter- February 15, 2021 0

Narendra Modi, the Prime Minister of India, has inaugurated an INR 60 billion ($830 million) propylene derivative petrochemical complex at the BPCL Kochi refinery in ... Read More

ARC Resources, Seven Generations Energy sign $6.3bn merger deal

oilandgasnews365 reporter- February 13, 2021 0

Canadian oil and gas companies ARC Resources and Seven Generations Energy have agreed to merge in an all-stock deal worth nearly CAD 8.1 billion ($6.38 ... Read More

Golden Eagle development : EnQuest to acquire Suncor’s stake in $375m worth deal

oilandgasnews365 reporter- February 4, 2021 0

EnQuest has signed a deal worth up to $375 million to acquire Suncor Energy UK’s entire stake of 26.69% in the Golden Eagle development in ... Read More

Reliance Industries signs $250m deal to offload US shale assets to Northern Oil and Gas

oilandgasnews365 reporter- February 4, 2021 0

Reliance Industries has signed a $250 million worth deal to offload its stake in some producing assets in the Appalachian Basin in US held by ... Read More

BP to sell 20% stake in Oman’s Block 61 to PTTEP for $2.6bn

oilandgasnews365 reporter- February 1, 2021 0

Oil and gas giant BP has signed a deal worth $2.6 billion to divest a 20% participating stake in the producing Block 61 in Oman ... Read More

DOF Group wins contract for Skandi Kvitsøy PSV in North Sea

oilandgasnews365 reporter- January 31, 2021 0

The DOF Group has been awarded a long-term contract for the Skandi Kvitsøy offshore supply ship in the North Sea from an undisclosed multinational energy ... Read More

Equinor Energy gets NPD nod for drilling well 31/11-1 S in PL 785 S

oilandgasnews365 reporter- January 31, 2021 0

Equinor Energy has secured drilling permit from the Norwegian Petroleum Directorate (NPD) for well 31/11-1 S in production licence 785 S (PL 785 S) in ... Read More

Petrobras makes oil discovery in CM-411 block with Urissanê well

oilandgasnews365 reporter- January 31, 2021 0

Petrobras has discovered the presence of hydrocarbons in the CM-411 block in the Campos Basin pre-salt, offshore Brazil, through the drilling of the Urissanê well ... Read More

lndianOil to build $4bn oil refinery in Nagapattinam, Tamil Nadu

oilandgasnews365 reporter- January 29, 2021 0

Indian Oil Corporation Limited (lndianOil) said that its board has sanctioned the construction of an INR29.3 billion ($400 million) oil refinery at Cauvery Basin, Nagapattinam ... Read More

Eni wins P2511 licence in 32nd UK Offshore Licensing Round

oilandgasnews365 reporter- January 26, 2021 0

Italian oil and gas giant Eni has been awarded the P2511 licence, a new production licence in the UK part of the North Sea, during ... Read More