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19 September 2018
Aker Solutions wins services contract in Campos Basin offshore Brazil
Aker Solutions has received a contract from Petrobras to provide maintenance and modifications services for nine oil and gas platforms in the Campos Basin offshore Brazil.
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19 September 2018
Oil prices rise due to supply concerns over impending sanctions on Iran
Oil prices increased as concerns over a gap in supply, due to US sanctions on Iran, outweighed an increase in US stockpiles.
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18 September 2018
Kosmos Energy completes purchase of Deep Gulf Energy for $1.225bn
Kosmos Energy has completed the purchase of Deep Gulf Energy (DGE), a deepwater company operating in the Gulf of Mexico, for $1.225bn.
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18 September 2018
Oil prices fall as Trump announces further tariffs on Chinese imports
Global oil prices fell after latest announcement made by US President Donald Trump regarding additional tariffs on imports from China clouded the crude demand outlook from the two countries.
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18 September 2018
Zennor North Sea to buy interests in UK Continental Shelf licences
Zennor Petroleum's completely owned subsidiary, Zennor North Sea has signed an agreement with Mitsui E&P UK (MEPUK) to acquire interests in UK Continental Shelf licences P.213, Block 16/26a, Area B...
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17 September 2018
Shell pledges to reduce methane emissions in oil and gas sector
Energy giant Shell has announced new targets to reduce its methane emissions from oil and natural gas extraction and transportation operations.
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17 September 2018
US to become top oil producer in the world, EIA estimates
US is estimated to have become the largest crude oil producer in the world, likely exceeding top oil producers Saudi Arabia and Russia, according to the Energy Information Administration (EIA).
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17 September 2018
Oil prices rise despite increase from top crude producers
Oil prices have risen as worries over supplies weighed on assurances that the top crude producers; Saudi Arabia, Russia and the US, have increased output.
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17 September 2018
UK oil and gas firms will not be affected by Brexit, says government
The UK Government stated that exiting the European Union without a deal following the March 2019 deadline will not cause any impact on the operational landscape for UK oil and...
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14 September 2018
Total to buy 25% stake in the Orinduik block offshore Guyana
Total Petroleum’s wholly-owned subsidiary Total E&P Activités Pétrolières has triggered its option to acquire a 25% working interest in the Orinduik block offshore Guyana, from Eco Atlantic (Guyana).
