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Deal News
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13 February 2020
Akselos and Lamprell sign MoU for digital collaboration
UAE-based engineering and contracting company Lamprell and Akselos have signed a memorandum of understanding (MoU) for digital projects.
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12 February 2020
Cognite and Aker BP to explore robotics in oil and gas operations
Aker BP has formed a strategic partnership with Cognite to explore the potential of robotics in the offshore oil and gas industry.
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10 February 2020
Africa Oil gains approval to acquire interest in South African block
The Government of South Africa has approved Africa Oil’s acquisition of a 20% participating interest and operatorship of Block 3B / 4B from Azinam.
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10 February 2020
Shell and Ecopetrol sign gas deal in Colombian Caribbean
Shell and Colombian state-owned oil and gas operator Ecopetrol have signed an agreement to jointly develop three gas blocks in the Caribbean: the Fuerte Sur, Purple Angel and COL-5 blocks,...
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4 February 2020
PetroRio to acquire OSX-3 FPSO and 80% in Tubarão Martelo oil field
Brazilian oil and natural gas exploration and development firm PetroRio has signed binding agreements to acquire floating production storage and offloading (FPSO) OSX-3 for $140m.
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30 January 2020
Mitsui to invest in deepwater FPSO for Marlim field in Brazil
Mitsui and partners agreed to invest in a long-term charter for a floating production, storage and offloading system (FPSO) for Marlim field, Brazil.
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28 January 2020
JOG to buy stake in Verbier field in North Sea from Equinor
Jersey Oil & Gas (JOG) has signed an agreement to acquire Equinor UK’s 70% operated interest in licence P2170 in the central North Sea.
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22 January 2020
Caspian Sunrise to buy offshore exploration vessel
Caspian Sunrise, an oil and gas exploration and production firm with a focus on Kazakhstan, has proposed to buy an offshore exploration drilling vessel.
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14 January 2020
UAE to invest $3bn in Indonesia’s energy infrastructure
The United Arab Emirates (UAE) will invest US$3bn in energy projects ranging from oil refineries to infrastructure for electricity in Indonesia through a sovereign wealth fund set up by President...
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8 January 2020
BP to sell North Sea assets to Premier Oil for $625m
BP has signed an agreement to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shell-operated Shearwater field to Premier...
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