Tag: Oil and gas news

Karoon Energy to acquire significant stakes in Gulf of Mexico oil fields for $720m

businessnewstoday- November 17, 2023

Karoon Energy has taken a significant step in expanding its offshore operations by entering into binding arrangements to acquire a 30% interest in the Who ... Read More

Seagull oil and gas field : BP and Neptune Energy launch production to enhance UK energy infrastructure

businessnewstoday- November 7, 2023

BP has successfully initiated production at the Seagull oil and gas field, which is expected to contribute significantly to the UK's energy resources. Located in ... Read More

Crescent Point Energy announces C$2.5bn acquisition of Hammerhead Energy

businessnewstoday- November 7, 2023

Crescent Point Energy Corp. (TSX and NYSE: CPG) has reached an arrangement to acquire Hammerhead Energy Inc., a significant player in the Alberta Montney oil ... Read More

Equinor makes new oil and gas discovery near Oseberg field in North Sea

businessnewstoday- November 7, 2023

Equinor, the operator of production licence 053, has announced a significant discovery of oil and gas at exploration well 30/6-C-2 A, dubbed "Lambda," situated approximately ... Read More

Petronas strikes oil in offshore Block 52 with Roystonea-1 well discovery

businessnewstoday- November 3, 2023

In a significant advancement for Suriname's hydrocarbon sector, Petronas has announced a new oil discovery within offshore Block 52 following the successful drilling of the ... Read More

Aker BP kickstarts production from Kobra East & Gekko field ahead of schedule

businessnewstoday- October 28, 2023

Aker BP has declared that the production from Kobra East & Gekko (KEG) in the Alvheim region has commenced, significantly ahead of its initially projected ... Read More

Exebenus and Kongsberg Digital unite for AI-driven oil and gas solutions

businessnewstoday- October 27, 2023

Exebenus AS, an authority in AI-driven oil and gas solutions, has collaborated with Kongsberg Digital, a prominent industrial software entity. This partnership aims to introduce ... Read More

Chevron to acquire Hess Corporation in all-stock deal worth $53bn

businessnewstoday- October 23, 2023

Chevron Corporation has inked a definitive agreement with Hess Corporation for an all-stock purchase valued at $53 billion, which translates to $171 per share. This ... Read More

Rubellite Energy to acquire Clearwater assets for C$34m in Northeast Alberta

businessnewstoday- October 20, 2023

In an impressive move that broadens its operational horizon, Rubellite Energy Inc. has locked in a definitive agreement to acquire additional Clearwater assets. This acquisition ... Read More

Beach Energy announces gas discovery at Tarantula Deep 1 in Perth Basin

businessnewstoday- October 18, 2023

Beach Energy Ltd (ASX: BPT, Beach), a prominent Australian oil and gas exploration firm, disclosed a gas discovery at Tarantula Deep 1 in the Perth ... Read More