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Company News
Equinor finds oil at Svalin field offshore Norway
Equinor has made new oil discovery at the Svalin field located in production licence 169 in the Norwegian North Sea,
Company News
BP suspends talks with Venezuela on gas field development project
bp has put discussions on hold regarding the development of the Manakin-Cocuina gas field, located on the maritime border between
Deal News
Kinder Morgan acquires oil and gas assets in Texas from Avad Energy
US-based pipeline operator Kinder Morgan has acquired oil and gas assets in West Texas for approximately $100m, reported Reuters.
Deal News
ADNOC plans to divest additional stake in drilling unit
ADNOC has announced its intention to offer approximately 880 million shares, equating to about 5.5% of ADNOC Drilling’s issued share
Industry News
Saudi Crown Prince reassures Japan that oil supply will remain stable
Saudi Crown Prince Mohammed bin Salman and Japan’s Prime Minister Fumio Kishida discussed oil supply and clean energy collaboration.
Deal News
ADNOC to acquire 10% stake in Mozambique LNG project from Galp
ADNOC has signed an agreement to acquire a 10% equity stake in the Area 4 concession in Mozambique’s Rovuma basin
Industry News
OMV warns Gazprom may suspend gas supply to Austria
Austrian oil and gas company OMV has announced the potential suspension of its gas supply from Gazprom, linked to a
Deal News
ExxonMobil and Shell considering bids for stake in Galp’s Namibia oilfield
Exxon and Shell are among the energy giants evaluating bids for a stake in Galp Energia’s oilfield offshore Namibia, reported
Deal News
Hess faces three lawsuits over Chevron acquisition disclosures
Hess is currently embroiled in three lawsuits over claims of inadequate disclosures concerning its proposed $53bn acquisition by Chevron.
