Tag: Oil and gas industry news
ConocoPhillips exercises pre-emption right for TotalEnergies’ Surmont stake
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
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
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
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
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
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
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
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
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
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