Harland & Wolff clinches a £61m base contract, aimed at executing the mid-life upgrade of the SeaRose floating production storage and offloading (FPSO) vessel. The partnership is with the globally recognized integrated oil and natural gas giant, Cenovus Energy, based in Calgary, Canada, boasting a market capitalisation around CA$54bn. SeaRose FPSO: A Return Voyage to […]
Cenovus Energy has completed the previously announced CAD100 million ($78.2 million) sale of its Marten Hills oil assets in Alberta, Canada to rival Canadian oil and gas company Headwater Exploration. As per the deal announced last month, Headwater Exploration paid Cenovus Energy CAD35 million in cash, while issuing 50 million of its common shares plus […]
Cenovus Energy acquisition of Husky Energy : Cenovus Energy has signed an all-stock deal worth around CAD 3.8 billion ($2.9 billion) to acquire rival Canadian oil and gas company Husky Energy. The operations of Cenovus Energy include oil sands projects across northern Alberta in Canada. The company also has natural gas and oil production in […]
Oil and gas industry news : Canadian oil company, Cenovus Energy has agreed to acquire CAD 17.7 billion (USD 13.3 billion) worth stakes in American global energy firm ConocoPhillips’s Canadian oil and gas assets. As per the agreement terms, ConocoPhillips’ subsidiary, ConocoPhillips Canada will sell a non-operated stake of 50% in the Foster Creek Christina […]