Browsing Tag
Oil and gas industry news
509 posts
Excelerate FSRU Exemplar set to supply natural gas to Finnish and Baltic nations
Excelerate Energy, a US-based liquefied natural gas (LNG) company, has delivered its floating storage and regasification unit (FSRU),…
Sempra’s Vista Pacifico LNG and ECA LNG phase 2 projects get export licenses
Sempra Infrastructure, an arm of North American energy infrastructure company Sempra, has received permission from the US Department…
Seadrill to acquire Aquadrill to create major offshore drilling company
Seadrill, a Bermuda-incorporated offshore drilling contractor, will acquire offshore rig owner Aquadrill in an all-stock transaction valued at…
Krafla oil and gas field : Aker BP, Equinor to move ahead with $4.6bn project
Norwegian state-owned multinational energy company Equinor along with Aker BP will invest approximately NOK 46 billion ($4.65 billion)…
Johan Sverdrup oil field : Equinor commissions phase 2 of offshore Norwegian field
Equinor has brought phase 2 of the Johan Sverdrup oil field in the Utsira High region in the…
Askeladd gas and condensate field : Equinor begins production from phase 1
Equinor Energy has started production from phase 1 of the Askeladd gas and condensate field in the Barents…
Crescent Point Energy to acquire Kaybob Duvernay assets of Paramount Resources
Crescent Point Energy, a Canada-based oil and gas company, has agreed to acquire certain Kaybob Duvernay assets in…
Solstad Offshore wins contracts for Normand Naley and Sea Frost PSVs
Solstad Offshore, a Norwegian offshore service and supply ship shipping company, has won five-year contracts from Equinor UK…
Diamondback Energy acquires FireBird Energy’s Midland Basin assets in cash and stock deal
Diamondback Energy acquires FireBird Energy’s Midland Basin assets in a $1.6B deal. Find out how this boosts its oil production, acreage, and capital efficiency.
Petrofac bags three EPS contracts in Oman from Shell
Petrofac, a services provider to the energy industry, has bagged three new engineering and procurement services (EPS) contracts…