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1 day ago · Read the key news headlines covering the global oil and gas business.
South America and Africa set to prevail as global E&P hotspots in …
Dec 31, 2024 · Discoveries offshore Africa and South America dominated global exploration and production activity in 2024, with the steady flow of positive updates from areas such as Namibia’s Orange basin and ...
Aramco triggers bid battle for multiple EPCI projects, targeting …
Dec 9, 2024 · Aramco triggers bid battle for multiple EPCI projects, targeting some of Saudi Arabia’s largest offshore oilfields. Up to seven lucrative offshore projects have been offered to Aramco's pool of ...
UK North Sea oil spills ‘stubbornly high’ says OEUK | Upstream
Dec 19, 2024 · Oil and gas spills across UK North Sea infrastructure increased by 13% to 85 incidents last year, with ageing assets emerging as the highest risk category, according to the Health and Safety ...
Petrofac gets another lifeline in its financial survival
Oct 21, 2024 · Petrofac gets another lifeline in its financial survival. UK contractor's liquidity struggles continue as it works on financial restructuring. Tareq Kawash, Petrofac chief executive Photo: PETROFAC
ExxonMobil concludes $1 billion Nigeria asset sale to Seplat
Dec 11, 2024 · The original transaction was for an initial consideration of $1.283 billion, with up to $300 million extra in contingent payments payable annually up to 2026.
New oil play with good potential opens up in northern Norway
Dec 12, 2024 · A large potential new oil fairway has opened up in Norway’s Barents Sea following a successful appraisal well on a satellite discovery at the Goliat oilfield.
Driftwood LNG is no more: Woodside Louisiana LNG makes its debut
Oct 9, 2024 · Woodside Louisiana LNG is fully permitted, front-end engineering design has been completed and site civil works are well advanced. Bechtel was earlier awarded the engineering, procurement and ...
Tellurian shareholders give approval to $1.2 billion deal
Oct 4, 2024 · Tellurian-Woodside marriage a step closer after clearing key hurdle. Tellurian shareholders give approval to $1.2 billion deal. Tellurian co-founder, Martin Houston, at APPEA 2017.