Scarborough Gas Field
Scarborough gas field is located approximately 270km north-west of Onslow in the Carnarvon...
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Liberator Oil and Gas Field, North Sea
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Sapura Energy wins nine contracts worth $448m
Sapura Energy Berhad, an integrated oil and gas services and solutions provider, has secured nine contracts worth MYR1.8bn ($448m).
Oil prices surge as OPEC struggles to reach deal on production
Oil prices have increased more than 1% as OPEC is struggling to reach an agreement over production policy at its biannual meeting in Vienna, Austria.
Shell completes sale of interest in Bongkot field for $750m
Shell’s affiliates Shell Integrated Gas Thailand and Thai Energy Company have closed the sale of their 22.2222% interest in the Bongkot field and adjoining acreage offshore Thailand in a deal valued at $750m.
Deals and M&As this week: Royal Dutch Shell, Solstad Farstad, HALO
Royal Dutch Shell, through its subsidiary Norske Shell, has entered an agreement with OKEA to divest its 44.56% interest in the Draugen oil field and 12% interest in the Gjoa field for Nkr45bn ($556m).
Eni completes sale of 10% stake in Shorouk concession offshore Egypt
Eni has completed the sale of 10% of its stake in the Shorouk concession offshore Egypt to Mubadala Petroleum, a subsidiary of Mubadala Investment Company.
Oil prices fall ahead of OPEC meeting in Vienna
Oil prices have declined as the producers group The Organization of the Petroleum Exporting Countries (OPEC) is on the verge of reaching an agreement to raise crude output following months of supply cuts.
Scarborough Gas Field
Scarborough gas field is located approximately 270km north-west of Onslow in the Carnarvon Basin offshore Western Australia.
Emerson Introduces New Fatigue Failure-Reducing Thermowell Solutions
UK-based offshore engineering specialist Emerson is pleased to announce the launch of its new Rosemount™ Twisted Square™ range of Thermowell systems, which have been specially designed to significantly reduce dynamic stress and offer increased precision during temperature measurements.
Akastor to sell 50% stake in Akofs Offshore for $142.5m
Norwegian company Akastor has signed a share purchase agreement to transfer a 50% stake in Akofs Offshore to Mitsui & Co and Mitsui OSK Lines (MOL) for around $142.5m.
Skogul Oilfield, North Sea
The Skogul oilfield (formerly Storklakken) is located in the central part of the Norwegian North Sea within production licence (PL) 460, approximately 30km north-east of the Alvheim field.
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