Category: Industry News

Shell Brasil, a subsidiary of Shell, has reached final investment decision for the Gato do Mato project, a deep-water development in Brazil’s pre-salt Santos Basin.

Saudi Aramco is set to expand its presence in South America with the acquisition of fuel distributor Primax, which operates in Peru, Colombia, and Ecuador.

Energean, a UK-based gas producer, has terminated its divestment agreement with Carlyle International Energy Partners due to delays in obtaining regulatory approvals in Italy and Egypt.

bp and Apollo have finalised agreements for Apollo-managed funds to acquire a 25% non-controlling stake in BP Pipelines (TANAP), referred to as bp TANAP.

First Helium has reported a significant shallow heavy oil discovery at its Worsley Project in Northern Alberta, Canada.

Prospex Energy has signed a binding agreement to acquire 100% of Tarba Energía, enhancing its stake in European gas projects.

Baker Hughes has secured a significant multi-year contract to deliver fully integrated completions systems for Petrobras’ offshore fields in Brazil.

The Organisation of the Petroleum Exporting Countries (OPEC+) has unveiled a new schedule for seven of its member nations to implement further oil output cuts.

A Pennsylvania court has awarded Cardinal Midstream $51.98m in a contract dispute with Energy Transfer.