Excelerate FSRU Exemplar set to supply natural gas to Finnish and Baltic nations

Raghuram Kadari- January 2, 2023 0

Excelerate Energy, a US-based liquefied natural gas (LNG) company, has delivered its floating storage and regasification unit (FSRU), the Exemplar, to Gasgrid Finland Oy, a ... Read More

Sempra’s Vista Pacifico LNG and ECA LNG phase 2 projects get export licenses

Raghuram Kadari- December 29, 2022 0

Sempra Infrastructure, an arm of North American energy infrastructure company Sempra, has received permission from the US Department of Energy (DOE) to re-export US-sourced liquefied ... Read More

Seadrill to acquire Aquadrill to create major offshore drilling company

Raghuram Kadari- December 24, 2022 0

Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at an implied equity value of around $958 ... Read More

Krafla oil and gas field : Aker BP, Equinor to move ahead with $4.6bn project

Raghuram Kadari- December 24, 2022 0

Norwegian state-owned multinational energy company Equinor along with Aker BP will invest approximately NOK 46 billion ($4.65 billion) to develop and operate the Krafla oil ... Read More

Johan Sverdrup oil field : Equinor commissions phase 2 of offshore Norwegian field

Raghuram Kadari- December 18, 2022 0

Equinor has brought phase 2 of the Johan Sverdrup oil field in the Utsira High region in the Norwegian North Sea on stream, marking full ... Read More

Askeladd gas and condensate field : Equinor begins production from phase 1

Raghuram Kadari- December 15, 2022 0

Equinor Energy has started production from phase 1 of the Askeladd gas and condensate field in the Barents Sea, thereby increasing plateau production from the ... Read More

Crescent Point Energy to acquire Kaybob Duvernay assets of Paramount Resources

Raghuram Kadari- December 12, 2022 0

Crescent Point Energy, a Canada-based oil and gas company, has agreed to acquire certain Kaybob Duvernay assets in Alberta from Paramount Resources for CAD 375 ... Read More

Solstad Offshore wins contracts for Normand Naley and Sea Frost PSVs

Pallavi Madhiraju- December 11, 2022 0

Solstad Offshore, a Norwegian offshore service and supply ship shipping company, has won five-year contracts from Equinor UK for its Normand Naley and Sea Frost ... Read More

Diamondback Energy acquires Midland Basin assets of FireBird Energy

Pallavi Madhiraju- December 4, 2022 0

Texas-based oil and gas company Diamondback Energy has closed its previously announced cash and stock deal with Midland Basin operator FireBird Energy. As per the ... Read More

Petrofac bags three EPS contracts in Oman from Shell

Pallavi Madhiraju- December 4, 2022 0

Petrofac, a services provider to the energy industry, has bagged three new engineering and procurement services (EPS) contracts in Oman from Shell. The first of ... Read More