ConocoPhillips exercises pre-emption right for TotalEnergies’ Surmont stake

Pallavi Madhiraju- May 28, 2023 0

ConocoPhillips has exercised its pre-emption right, resulting in the acquisition of the 50% interest in the Surmont oil sands project previously held by TotalEnergies EP ... Read More

Surmont oil sands project : ConocoPhillips to buy out TotalEnergies’ stake

Pallavi Madhiraju- May 27, 2023 0

ConocoPhillips has announced its intention to exercise its preemption right to purchase the remaining 50% stake in the Surmont oil sands project from TotalEnergies EP ... Read More

Chord Energy to acquire Williston Basin assets from XTO Energy for $375m

Pallavi Madhiraju- May 25, 2023 0

Chord Energy Corporation, a Nasdaq-listed exploration and production company, has signed an all-cash deal worth $375 million with XTO Energy ExxonMobil Inc. and affiliates, which are ... Read More

Sakarya field development phase 2 : Subsea 7 bags contract from Turkish Petroleum

Pallavi Madhiraju- May 24, 2023 0

Subsea 7 S.A. has been awarded a contract for the second phase of the Sakarya field development in the Turkish waters of the Black Sea. ... Read More

Chevron to acquire oil and gas firm PDC Energy for $7.6bn in all-stock deal

Pallavi Madhiraju- May 22, 2023 0

Chevron Corporation has signed an all-stock deal to acquire PDC Energy, a Nasdaq-listed oil and gas exploration and production company, for a consideration of $7.6 ... Read More

Saipem wins offshore EPCI and decommissioning contracts worth $850m

Pallavi Madhiraju- May 21, 2023 0

Saipem has bagged a couple of new offshore contracts with a combined worth around $850 million, which include an engineering, procurement, construction, and installation (EPCI) ... Read More

Uaru oil project : ExxonMobil takes FID on fifth project on Stabroek Block

Pallavi Madhiraju- April 28, 2023 0

ExxonMobil and its Stabroek Block partner Hess Corporation have reached a final investment decision (FID) regarding the Uaru oil project, which will be developed with ... Read More

Gujarat Natural Resources wraps up drilling campaign at Kanwara field

Pallavi Madhiraju- April 23, 2023 0

Gujarat Natural Resources Limited said that its subsidiary GNRL Oil & Gas has wrapped up a drilling campaign for its three production wells at the ... Read More

Cedar LNG Project in Kitimat gets provincial environmental approval

Pallavi Madhiraju- March 16, 2023 0

Haisla Nation and Pembina Pipeline have been granted provincial environmental approval for their jointly developed Cedar LNG Project in Kitimat, British Columbia (BC). The BC ... Read More

Golden Triangle polymers plant : QatarEnergy, CPChem start construction on $8.5bn petrochemical project in Orange County

Pallavi Madhiraju- March 11, 2023 0

QatarEnergy along with Chevron Phillips Chemical (CPChem) has begun the construction of the $8.5 billion Golden Triangle polymers plant located in Orange County, Texas. Situated ... Read More