Deal News
Repsol reportedly discussing merger of UK North Sea business with NEO Energy
Repso is in negotiations to merge its UK North Sea operations with NEO Energy, a company backed by private equity, reported Reuters
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Contract News
Saudi Aramco awards contracts totalling more than $25bn to enhance gas production
Saudi Aramco has awarded contracts worth more than $25bn (SR93.79bn) to advance its strategic gas expansion.
Election
UK General Election: what you need to know about the oil and gas windfall tax
As the UK heads toward general elections, party manifestos have revealed some stark differences in energy policies such as the windfall tax.
Features
What North Sea policies would a UK Labour government pass?
Policies in Labour’s manifesto “would put the UK ahead of Denmark” as the highest performing North Sea country on climate.
Deal News
SM Energy and Northern Oil and Gas partner to acquire XCL Resources’ assets for $2.55bn
US shale drilling companies SM Energy and NOG have reached an agreement acquire to oil and gas assets from XCL Resources for $2.55bn.
Industry News
Falkland Islands begins environmental consultation on Sea Lion field
Falkland Islands begins public consultation on the environmental impact of the Sea Lion Field Northern Development Area.
Contract News
SLB OneSubsea secures FEED contract for electric subsea production systems
SLB OneSubsea has secured a contract from Equinor for the front-end engineering design (FEED) of a 12-well, all-electric subsea production systems (SPS) project at the Fram Sør field, offshore Norway.
Company News
FERC approves Venture Global’s Calcasieu Pass 2 LNG project in Louisiana
US regulator has given green light to Venture Global’s CP2 LNG project in Louisiana, despite objections related to climate change.
Deal News
TotalEnergies to divest interests in UK’s West of Shetland gas fields to the Prax Group
TotalEnergies has finalised a deal to offload its entire interest in the West of Shetland assets in the UK to The Prax Group.
Deal News
Eni agrees to sell Alaska upstream assets to Hilcorp
Eni has entered into an agreement to sell its entire stake in the Nikaitchuq and Oooguruk oil fields in Alaska to US energy company Hilcorp.