oilandgasnews365 reporter

122 posts
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Aker Solutions wins $175m contract extension for Aker BP’s Norwegian fields

Aker Solutions has been awarded a contract extension from Aker BP for two years worth NOK1.7 billion ($175.65 million) to provide maintenance and modifications for the latter’s Ula, Skarv, Valhall, and Tambar fields offshore Norway. The Norwegian engineering company said that the work under the contract will begin from December 2020 and follows the existing […]
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Johnson Matthey wins methanol technology contract for Technoleasing’s Amur Oblast facility

Johnson Matthey (JM) has won a methanol technology contract from Technoleasing for the new Amur Oblast facility to be built in Skovorodino, Russia. In this connection, the British specialty chemicals company will offer a license for its combined reforming methanol technology to the 3,000 metric tons per day (mtpd) methanol production plant. Johnson Matthey will […]
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Danish CO2 storage project : Maersk Drilling joins INEOS & Wintershall Dea

Danish CO2 storage project : Drilling rig operator Maersk Drilling will join INEOS Oil & Gas Denmark and Wintershall Dea in a new Danish offshore CO2 storage consortium. According to Maersk Drilling, the consortium will mature a well progressed carbon capture and storage project in Danish waters. It will aim to develop CO2 storage capacity […]
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LLOG’s Taggart development to be tied back to Devils Tower Spar platform

US midstream company Williams said that its Devils Tower Spar platform will offer offshore natural gas and oil gathering and production handling services to LLOG Exploration Offshore’s Taggart development under a new tieback agreement signed by the parties. The Devils Tower Spar platform is located in the Mississippi Canyon area of the Gulf of Mexico, […]
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Apergy completes $4.4bn acquisition of Nalco Champion’s upstream energy unit

Apergy, a Texan oilfield equipment company, has wrapped up its $4.4 billion acquisition of the upstream energy operations of Ecolab’s subsidiary Nalco Champion to create a new combined company called ChampionX. As part of the terms of the deal signed in late 2019, Apergy has assumed the upstream energy unit’s net debt of around $492 […]
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APA Group’s renewable methane plant gets ARENA funding

Renewable methane plant : The Australian Renewable Energy Agency (ARENA) has announced a funding of AUD 1.1 million to natural gas transmission company APA Group to construct a modular renewable methane production demonstration plant at its Wallumbilla Gas hub located near Roma in Queensland. The ‘power to gas’ demonstration plant will generate nearly 620kg of […]
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Empire Petroleum acquires oil and gas assets in Texas from Pardus Oil & Gas

Empire Texas, a subsidiary of Tulsa-based oil and gas company Empire Petroleum, has acquired oil and gas producing assets across the Madison, Houston, and Leon Counties in Texas and associated midstream assets from Pardus Oil & Gas and Pardus Oil & Gas Operating GP. Financial terms of the deal were not disclosed. The producing assets […]