Carlyle to sell Assala Energy to Etablissements Maurel & Prom SA: Key details unveiled

businessnewstoday- August 16, 2023 0

Global investment behemoth, Carlyle (NASDAQ: CG), has broadcasted its decision to offload Assala Energy, an upstream oil exploration and production entity stationed in Gabon, to ... Read More

India’s gas game changer: How Reliance Industries, BP are set to revolutionize the industry

businessnewstoday- July 3, 2023 0

Reliance Industries Limited (RIL) and bp have announced the initiation of production from the MJ field, marking the completion of their final deepwater development in ... Read More

Norway approves $18.5bn oil and gas projects amid recovering demand

businessnewstoday- June 29, 2023 0

The Norwegian Ministry of Petroleum and Energy has approved 19 significant oil and gas projects on the Norwegian continental shelf, an investment exceeding NOK 200 ... Read More

Eni streamlines Congo strategy with $300m Perenco deal

businessnewstoday- June 28, 2023 0

Italian oil and gas company, Eni, has announced the sale of its participation interest in several permits in Congo to Perenco. The permits sold are ... Read More

ADNOC Drilling lands $2bn contracts for offshore drilling operations

businessnewstoday- June 26, 2023 0

ADNOC Drilling Company PJSC has secured five contracts for a total value of approximately $2 billion to support the growing drilling operations of ADNOC Offshore. ... Read More

Neptune Energy to be acquired by Eni and Vår Energi for $4.9bn

businessnewstoday- June 25, 2023 0

Eni and Vår Energi are set to acquire Neptune Energy Group, a key independent exploration and production firm known for its low-emission, gas-oriented operations in ... Read More

Civitas Resources sets foot in Permian Basin with $4.7bn twin acquisition

businessnewstoday- June 21, 2023 0

In a massive $4.7 billion agreement, Denver-based energy company Civitas Resources expands its oil-producing assets into the Permian Basin in the US. The purchase involves ... Read More

Woodside Energy bets $7.2bn on Mexico’s Trion oil field, targets first oil in 2028

businessnewstoday- June 20, 2023 0

In a substantial investment decision, Australia's Woodside Energy Group has committed to moving ahead with the $7.2 billion Trion oil project in Mexican waters. The ... Read More

Halliburton, Nabors join forces to automate well construction solutions

businessnewstoday- June 19, 2023 0

In a significant move within the oil industry, Halliburton Company and Nabors Industries have announced a partnership to advance well construction automation solutions. The agreement ... Read More

Senex Energy, AGL to boost Australia’s natural gas supply with major deal

businessnewstoday- June 19, 2023 0

In an effort to bolster Australia's natural gas supply, Senex Energy and AGL have signed a conditional agreement for up to 42 petajoules (PJ) of ... Read More