Tag: Oil and gas news

ONEOK, Magellan Midstream Partners shareholders approve $18.8bn merger

businessnewstoday- September 24, 2023

In a landmark decision that's turning heads in the energy industry, ONEOK, Inc. (NYSE: OKE) and Magellan Midstream Partners, L.P. (NYSE: MMP), two major players ... Read More

McDermott bags major offshore contract for Wahoo field in Brazil

businessnewstoday- September 24, 2023

McDermott has clinched a significant transportation and installation contract from PRIO (previously known as PetroRio) for the Wahoo field, situated offshore Brazil. This new contract ... Read More

W&T Offshore acquires $32M Gulf of Mexico assets, boosts production

businessnewstoday- September 24, 2023

W&T Offshore, Inc. (NYSE: WTI), an independent oil and natural gas producer in the Gulf of Mexico, has successfully finalized the acquisition of eight prime ... Read More

DOF Group scores $260m service contracts with Petrobras

businessnewstoday- September 19, 2023

Norwegian supply shipping company DOF Group ASA proudly announces securing three new service contracts with Brazilian energy giant Petrobras. These high-value contracts, worth more than ... Read More

Hibiscus Petroleum to optimize Marigold oil field with Ithaca and Caldera

businessnewstoday- September 19, 2023

In a major development for the oil and gas industry, Hibiscus Petroleum Berhad (HIBI: MK), through its wholly-owned subsidiary Anasuria Hibiscus UK Limited (AHUK), has ... Read More

Eirin gas field : Equinor submits $374m PDO to Norwegian Ministry

businessnewstoday- September 16, 2023

Equinor has submitted a plan for the development and operation (PDO) of the Eirin gas field to Norway's Ministry of Petroleum and Energy. The project, ... Read More

Woodside-operated Shenzi North hits early production in US Gulf of Mexico

businessnewstoday- September 14, 2023

The Woodside-operated Shenzi North project has begun production in the deepwater US Gulf of Mexico, achieving operational status ahead of its originally targeted first oil ... Read More

Enservco acquires frac water heating services provider Rapid Hot

businessnewstoday- September 13, 2023

Enservco Corporation, a diversified national provider of specialized well-site services to the U.S. onshore oil and gas industries, has announced the acquisition of Rapid Hot's ... Read More

Diamondback, Five Point establish water infrastructure JV in Midland Basin

businessnewstoday- September 13, 2023

Diamondback Energy, Inc. (NASDAQ: FANG) and Five Point Energy LLC have unveiled a strategic joint venture to establish Deep Blue Midland Basin LLC ("Deep Blue"). ... Read More

Valaris announces $65m in new offshore drilling contracts and extensions

businessnewstoday- September 13, 2023

Valaris Limited (NYSE: VAL), a leading provider of offshore drilling services, has revealed new contracts and contract extensions with an associated contract backlog valued at ... Read More