Equinor to acquire Suncor Energy’s UK assets for $850m

Raghuram Kadari- March 6, 2023 0

Norwegian state-owned multinational energy company Equinor through its subsidiary Equinor UK will acquire the UK assets of Canada’s Suncor Energy for $850 million, to optimize ... Read More

Baytex Energy to acquire Eagle Ford shale operator Ranger Oil for $2.5bn

Pallavi Madhiraju- March 1, 2023 0

Canadian oil and gas company Baytex Energy has agreed to acquire Eagle Ford shale operator Ranger Oil Corporation in a cash and stock deal worth ... Read More

INEOS Energy to acquire part of Chesapeake Energy’s Eagle Ford shale assets for $1.4bn

Raghuram Kadari- February 23, 2023 0

INEOS Energy will acquire a part of Chesapeake Energy’s oil and gas assets in the Eagle Ford shale, south Texas for $1.4 billion as part ... Read More

Vito oil field : Shell, Equinor begin production from Gulf of Mexico asset

Pallavi Madhiraju- February 18, 2023 0

Shell Offshore, a subsidiary of Shell, and Equinor have started production from the Vito oil field in the deep waters of the US Gulf of ... Read More

Vital Energy to acquire Midland Basin operator Driftwood Energy Operating

Raghuram Kadari- February 16, 2023 0

Vital Energy (formerly Laredo Petroleum), an Oklahoma-based oil and gas company, will acquire the Permian Basin-focused Driftwood Energy Operating in a cash-stock deal. Under the ... Read More

ONGC Q3 FY 23 profit stays flat at Rs 11,665cr

Pallavi Madhiraju- February 15, 2023 0

Oil and Natural Gas Corporation (ONGC) has reported a net profit of INR 11,665 crores for the third quarter of the financial year 2022-2023 (Q3 ... Read More

ONGC Videsh signs MoU with Argentine oil and gas company YPF S.A.

Pallavi Madhiraju- February 15, 2023 0

Oil and Natural Gas Corporation (ONGC)’s fully-owned subsidiary ONGC Videsh has entered into a memorandum of understanding (MoU) with Argentine oil and gas company YPF ... Read More

Draugen electrification project : Aker Solutions signs EPCI contract with OKEA

Raghuram Kadari- February 9, 2023 0

Aker Solutions has signed a contract with oil company OKEA for the latter’s Draugen electrification project in the Norwegian Sea, following the 15 December 2022 ... Read More

Structures A&E gas project : Eni to develop $8bn gas project in Libya

Raghuram Kadari- February 1, 2023 0

Eni, an Italian multinational energy company, and The National Oil Corporation of Libya will develop the approximately $8bn Structures A&E gas project to enhance gas ... Read More

Shenandoah oil and gas project : Koil Energy Solutions to deliver critical subsea equipment

Pallavi Madhiraju- January 29, 2023 0

Koil Energy Solutions (formerly known as Deep Down), a provider of subsea energy equipment and services, has bagged a contract related to the Shenandoah oil ... Read More