Deal News
Energy Transfer signs $3.25bn deal to acquire WTG Midstream
Energy Transfer has agreed to acquire WTG Midstream from affiliates of Stonepeak, the Davis Estate and Diamondback Energy.
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Deal News
ConocoPhillips in advanced discussions to purchase Marathon Oil Â
ConocoPhillips is in advanced negotiations to acquire Marathon Oil, the Financial Times reported citing undisclosed sources.  Â
Deal News
India’s Reliance Industries to purchase Russian oil using roublesÂ
Reliance Industries has entered into a one-year oil purchase agreement with Rosneft, reported Reuters, citing sources. Â
Deal News
Hess shareholders approve $53bn merger with ChevronÂ
Hess Corporation’s shareholders have given the nod to the oil company’s impending $53bn acquisition by Chevron. Â
Company News
Chariot makes natural gas discovery at OBA-1 well in MoroccoÂ
Chariot, an Africa-focused oil and gas company, has announced the discovery of natural gas at the OBA-1 well in Morocco.
Industry News
OPEC still positive about global oil demandÂ
OPEC’s Secretary General Haitham Al Ghais said global demand growth expected to reach 2.2 million barrels per day in 2024.
Industry News
Norway set for record Nkr246.9bn oil and gas investment in 2024
Norway’s projections raised the estimate for 2025 for investments in the country’s hydrocarbon operations, its biggest business sector.
Company News
TotalEnergies and partners make FID on two Brazilian oil field projects
TotalEnergies and partners have announced the FID for the second phase development of the Atapu and Sépia offshore fields in
Contract News
Serica awards Belinda field development contract in UK to Subsea7
Serica Energy has awarded a ‘sizeable’ contract to Subsea7 to support the development of the Belinda field in the UK
Features
Drones reducing risk in offshore oil and gas inspection
The global drone market is growing, and risk-reducing use cases are emerging across the offshore oil and gas sector.