Eni and its partners have taken the final investment decision (FID) for the Nigeria LNG Expansion Project, the expansion project of their existing liquefied natural gas (LNG) plant located at Bonny Island in Nigeria. According to the Italian oil and gas giant, the brownfield development at the NLNG plant, which is slated to be brought […]
Callon acquisition of Carrizo : Callon Petroleum, a Texas-based oil and natural gas company, has wrapped up its previously announced $3.2 billion worth acquisition of shale player Carrizo Oil & Gas. The Houston-based energy company Carrizo is involved in the exploration, development, and production of oil and gas from resource plays located in the US. […]
Sembcorp Marine Offshore Platforms has bagged a couple of offshore platform contracts worth more than S$550 million ($406.75 million) for the Al Shaheen field offshore Qatar and the Tyra field in the Danish North Sea. The company has bagged the contract for the Al Shaheen oil field from North Oil Company (NOC) for the fabrication […]
KKR and Alberta Investment Management Corporation (AIMCo) have agreed to acquire a 65% stake in the Coastal GasLink Pipeline Project, 670km long natural gas pipeline project in Canada, from TC Energy (formerly TransCanada). The Coastal GasLink Pipeline and associated facilities are estimated to cost CAD 6.6 billion. The pipeline, which will initially have a capacity […]
Adelphia Gateway, a subsidiary of New Jersey Resources, has secured approval from the US Federal Energy Regulatory Commission (FERC) for the Adelphia Gateway pipeline conversion project in southeastern Pennsylvania. The pipeline company was issued a Certificate of Public Convenience and Necessity for the pipeline conversion project which it says affirms the need for reliable pipeline […]
COOEC-Fluor Heavy Industries’ fabrication yard in Zhuhai, China, has wrapped up the entire module program for the Al-Zour oil refinery project being developed by Kuwait Integrated Petroleum Industries Company (KIPIC) in Kuwait. The joint venture supplied 188 modules in 20 separate shipments that have a combined weight of 65,000 metric tons for the refinery project […]
Equinor and Rosneft have sanctioned the first stage of the North Komsomolskoye project, which involves the development of the conventional onshore oil and gas field in Western Siberia in Russia. The first stage of the Russian oil and gas project will see the partner aim to unlock a total estimated recoverable volumes of 250 million […]
UK subsea contractor Subsea 7 has bagged a subsea installation services contract from Chevron U.S.A for the St. Malo oil field in the US Gulf of Mexico as per the latest upstream oil and gas news. Chevron and its partners MP Gulf of Mexico (jointly owned by Murphy Oil and Petrobras America), Equinor Gulf of […]
Liza oil field production : ExxonMobil, Hess and other partners in the Stabroek Block in Guyanese waters have started production from the first phase of the deepwater Liza oil project ahead of schedule and within five years following its discovery. According to ExxonMobil, production from the $4.4 billion Liza field phase 1 development is likely […]
Apergy acquisition of ChampionX : Texan oilfield equipment company Apergy has signed a deal worth about $4.4 billion to acquire the upstream energy operations of Ecolab’s subsidiary Nalco Champion, as per the latest US oil and gas industry news. As part of the deal, Apergy will assume the upstream energy unit’s net debt of about […]