Author: oilandgasnews365
Bison acquires water midstream company Woody Creek Midstream
Bison, an Oklahoma based water infrastructure, logistics, and technology solutions provider, has acquired Woody Creek Midstream, a water midstream company in the South Central Oklahoma ... Read More
Wellspring Capital Management acquires Cadence Petroleum
Wellspring Capital Management has acquired Cadence Petroleum Group, a distributor of lubricant and fuel products across the eastern and central US. The acquisition has been ... Read More
Sandvik to sell exploration business to Drillman
Swedish engineering firm Sandvik has agreed to sell its exploration business to Drillman, a subsidiary of the M Group of companies, which is fully owned ... Read More
Noble Energy’s shareholders approve $5bn merger with Chevron
Noble Energy said that its shareholders have approved the company’s pending all-stock merger worth $5 billion with rival US oil and gas company Chevron. The ... Read More
Payara oil project : ExxonMobil, Hess move ahead with $9bn project in Guyanese waters
ExxonMobil and Hess have sanctioned the $9 billion Payara oil project in the Stabroek Block in Guyanese waters having secured government approval. The final investment ... Read More
Devon Energy to acquire rival oil and gas firm WPX Energy for $2.5bn
Devon Energy has agreed to acquire rival Oklahoma-based oil and gas company WPX Energy in an all-stock deal worth $2.56 billion. The merger of the ... Read More
Breidablikk oil project : Equinor and partners to move ahead with $2bn field development
Breidablikk oil project : Equinor and its partners Petoro, ConocoPhillips Skandinavia, and Vår Energi have approved the development of the Breidablikk oil field in the ... Read More
Total exits Brazil’s offshore Foz do Amazonas Basin
French oil and gas giant Total said that it has reached an agreement to transfer to its equity interest in five exploration blocks in the ... Read More
Wood bags $84m EPCI contract from Equinor for Breidablikk development
British energy services company Wood has bagged an engineering, procurement, construction, and installation (EPCI) services contract worth $84 million from Equinor in the Norwegian North ... Read More
CNOOC begins production from Jinzhou 25-1 oilfield 6/11 project
Jinzhou 25-1 oilfield 6/11 project : Chinese national oil company CNOOC said that it has started production from the Jinzhou 25-1 oilfield 6/11 area in ... Read More