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7 December 2018
Deals and M&As this week: EnQuest, Norske Shell, Exxon Mobil
EnQuest has secured full ownership of the Magnus oil field in the North Sea, UK, by acquiring the remaining 75% stake from BP for $300m.
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6 December 2018
Petrobras to invest $84.1bn to enhance production in Brazil
Petrobras has unveiled plans to invest $84.1bn in deepwater exploration and production projects in Brazil, as well as raise $27bn through asset sales and partnerships by 2023.
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4 December 2018
Shell to link executive pay to carbon emissions reduction targets
Oil and gas firm Shell has unveiled plans to set carbon emissions reduction targets in the wake of growing pressure from investors, linking achievement to executive remuneration.
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30 November 2018
Deals and M&As this week: McDermott, CNPC, Eni
McDermott International has been awarded a supply and installation contract by Shell for its Great White Frio development project.
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26 November 2018
CNPC replaces Total in $4.8bn South Pars project in Iran
China National Petroleum (CNPC) has reportedly replaced French energy supplier Total in the $4.8bn South Pars natural gas project located off the coast of Iran.
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26 November 2018
Ineos and Spirit complete Clipper South field gas re-routing project
Ineos Oil and Gas UK and Spirit Energy have completed an $80m project to re-route gas production from the Clipper South field in the southern part of the UK North...
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23 November 2018
Johan Castberg topside construction begins at Kværner’s yard
The topside construction of Equinor’s Johan Castberg floating production, storage and offloading unit (FPSO) has commenced at Kværner's yard at Stord, Norway.
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23 November 2018
Deals and M&As this week: Sacgasco, Ineos, Shearwater
Sacgasco has obtained an option to acquire a 100% interest in RL Energy, which provides the former with an option to purchase a 60% working interest in the Petroleum Exploration...
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23 November 2018
BP begins production at Clair Ridge oil field in UK North Sea
BP has commenced production at the Clair Ridge oil field in the West of Shetlands region of the UK North Sea.
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22 November 2018
PermianChain launches blockchain network for oil and gas sector
Canadian blockchain solutions provider PermianChain Technologies has launched the Permian Token (XPR), which will underpin all the holding rights to the value of potential but undeveloped oil and gas reserves.
