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FMC Technologies and Technip get US antitrust clearance for $13bn merger
28 June, 2016
US antitrust regulators have given clearance for the $13bn merger transaction between FMC Technologies and Technip....
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Oil prices rise above $48 a barrel due to Britain's EU vote Tuesday, June 28, 2016 Oil prices have increased above $48 a barrel after investors took advantage of a fall in crude for two days following Britain's vote to exit the European Union (EU)....

Total to obtain 30% stake in Al-Shaheen oilfield from Qatar Petroleum Tuesday, June 28, 2016 Total has signed an agreement to obtain a 30% interest in the concession covering the offshore Al-Shaheen oilfield from Qatar Petroleum (QP)....

Oil prices plunge after UK votes to exit EU Monday, June 27, 2016 Oil prices have dropped after the UK voted to leave the European Union (EU)....

Posh to support Shell’s Prelude FLNG project in Browse Basin Monday, June 27, 2016 PACC Offshore Services (Posh) has won a contract from Technip Oceania to support Shell's Prelude floating liquefied natural gas (FLNG) facility in the Browse Basin, off the north-west coast...

Woodside and Mitsui get approval for $1.9bn Greater Enfield project development Monday, June 27, 2016 Woodside Energy and joint venture partner Mitsui E&P have secured approval for the $1.9bn Greater Enfield project development, located 60km off Exmouth in Western Australia....

Shell Canada to resume drilling at Cheshire L-97 exploration well off Nova Scotia Friday, June 24, 2016 The Canada-Nova Scotia Offshore Petroleum Board (CNSOPB) has conditionally approved Shell Canada's proposal to resume drilling in waters off Nova Scotia at its Cheshire L-97 exploration well....

Petrel to negotiate with Ghana for amended coordinates of Tano Basin block Friday, June 24, 2016 Petrel Resources and its partners have confirmed that the Ghanaian Ministry of Petroleum is available for negotiations on the company's proposals for amended coordinates of the deepwater Tano...

Deals this week: CITIC Resources, Providence Resources Friday, June 24, 2016 CITIC Resources Holdings Limited has signed a memorandum of understanding (MoU) with Itochu Corporation to pursue joint acquisition and development of oil and gas exploration and production assets....

Report: Wintershall’s Maria development faces early decommissioning Friday, June 24, 2016 The Maria field risks early decommissioning due to the global oil crisis resulting in lower than forecasted fuel prices, according to a report by GlobalData....

Noble Energy wins $120m FEED contract for platform at Israel’s Leviathan gasfield Thursday, June 23, 2016 Israel's Leviathan field partners have authorised US-based Noble Energy to sign a $120m contract for front-end engineering design (FEED) services for the production platform and related operations. ...

Oil prices rise as markets await opinion polls on Brexit Thursday, June 23, 2016 Oil prices have increased with money and equity markets awaiting opinion polls on Britons remaining in the EU in today's referendum on membership....

Subsea 7 to cut 1,200 of global workforce by early 2017 Thursday, June 23, 2016 UK-based offshore oil and gas firm Subsea 7 is planning cut its global workforce from 9,200 to 8,000 due to challenging market conditions....

InterMoor completes Shell Malikai TLP operations in offshore Malaysia Wednesday, June 22, 2016 InterMoor has finished its work on the Shell Malikai Tension Leg Platform (TLP) float-off operations in offshore Malaysia....

Fugro wins contracts to deploy Q1400 trenching systems in North Sea Wednesday, June 22, 2016 Fugro has secured three contracts to deploy its Q1400 trenching systems in the North Sea over the next 12 months....

Oil prices rise after API reports fall in US crude inventories Wednesday, June 22, 2016 Oil prices have increased above $50 a barrel after a report by the American Petroleum Institute (API) highlighted a fall in US crude inventories....

Oil prices drop due to investors' Brexit fears Tuesday, June 21, 2016 Oil prices have faltered due to investors' continued uncertainty ahead of Britain's referendum this week on its withdrawal from the EU....

OneSubsea to provide subsea systems for offshore Zohr gasfield in Egypt Tuesday, June 21, 2016 Schlumberger company OneSubsea has secured a $170m contract from Belayim Petroleum (Petrobel) to provide subsea systems for the first stage of the Zohr gas development in offshore Egypt....

McDermott selected for Brunei Shell Petroleum's 2017 offshore campaign works Tuesday, June 21, 2016 US-based McDermott International has been selected to provide further pipeline work as part of an offshore installation contract with Brunei Shell Petroleum (BSP)....

Hilong to provide derrick barge for Timas's offshore gasfield project in Indonesia Monday, June 20, 2016 Hilong Petroleum has secured a contract to provide a Hilong 106 pipe-laying derrick barge for Timas's gasfield development in offshore Indonesia....

Oil prices rise as fears ease over Brexit Monday, June 20, 2016 Oil prices have risen after polls indicated a fall in support for the UK voting to leave the European Union later this week....


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