January’s top news stories
CNOOC plans to increase its 2020 capex from $12.34bn to $13.7bn, and the Upper House of the Somalian Parliament has approved a new petroleum law.
Round-up
Global oil and gas discoveries reach four-year high, according to Rystad
The world’s oil and gas explorers discovered 12.2 billion barrels of oil equivalent (boe) in 2019, which is the highest volume since 2015, according to energy researcher Rystad Energy.
2019 top news stories
Oil giant Baker Hughes GE pledges zero emissions by 2050 and Adnoc awards $1.36bn contract for Ghasha offshore concession. Offshore-technology.com wraps up key headlines from 2019.
November’s top news stories
Saudi Aramco set the offer price range for the IPO of its shares at SAR30 ($7.90) to SAR32 ($8.50) a share and Ithaca Energy acquired CNSL for $2bn. Offshore-technology.com wraps up the key news stories from November 2019.
July’s top news stories
Saudi Aramco awards contracts worth $18bn to expand capacity at offshore oilfields, Equinor to divest 16% stake in Lundin Petroleum for $1.56bn. Offshore-technology.com wraps up the key headlines from July 2019.
June’s top news stories
Lukoil enters Republic of Congo project for $800m Russian oil and gas company Lukoil acquired a 25% interest in the Marine XII licence offshore the Republic of Congo for $800m.…
April’s top news stories
Occidental proposes to acquire Anadarko for $57bn Occidental Petroleum proposed to acquire oil and gas producer Anadarko Petroleum in a 50:50 cash and stock transaction valued at $57bn. The offer…
March’s top news stories
Murphy Oil signs $2.13bn deal to divest Malaysian portfolio Murphy Oil signed a sale and purchase agreement through its subsidiary to divest its Malaysian portfolio to a subsidiary of PTT…
February’s top news stories
Adnoc awards $1.36bn contract for Ghasha offshore concession The Abu Dhabi National Oil Company (Adnoc) awarded an AED5bn ($1.36bn) contract to the National Marine Dredging Company (NMDC) for the construction…
January’s top news stories
Shell sells stakes in New Zealand upstream business to OMV for $578m Royal Dutch Shell completed the $578m sale of its shares in New Zealand upstream business to integrated oil…
Deals this week: Lundin Norway, Vryhof, BP
Lundin Norway has entered an agreement with Lime Petroleum for the acquisition of Utsira High acreage position in the North Sea. The Utsira High acreage includes the Rolvsnes and Goddo…
