Contract News
Saipem secures offshore contracts worth $1bn in Saudi Arabia
Saipem has secured two contracts in Saudi Arabia, with a combined value of approximately $1bn, for the Zuluf and Safaniyah offshore fields.
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Industry News
Norway seeks to lift injunctions against oil and gas developments
Norway seeks to lift oil and gas injunctions after they were temporarily deferred in March.
Industry News
US LNG exports rise in August as outages and maintenance end
The US saw its liquefied natural gas (LNG) exports rise is August, as Freeport LNG’s output increased and maintenance operations came to an end.
Deal News
Wintershall Dea transfers E&P business to Harbour Energy
Wintershall Dea has completed the transfer of its exploration and production (E&P) business, excluding Russia-related activities, to Harbour Energy .
Deal News
Phillips 66 divests natural gas assets in Texas to Voyager Midstream
American oil refiner Phillips 66 has divested its natural gas gathering and processing assets in East Texas to Voyager Midstream, which is backed by Pearl Energy Investments.
Company News
Chevron initiates water injection to boost output at two Gulf of Mexico fields
Chevron has commenced water injection operations to increase oil and natural gas recovery at its Jack/St. Malo and Tahiti deepwater projects in the US Gulf of Mexico.
Company News
Eni and Snam launch Ravenna carbon capture project in Italy
Eni and its partner Snam, Italian gas grid operator, have commissioned the Ravenna carbon capture, transport and storage (CCS) project in Italy, with the start of CO2 injection activities.
Industry News
Assessing the impact of Labour’s North Sea windfall tax on jobs and investments
Labour’s announcement of a new levy will raise headline tax to 78% for oil & gas companies, affecting investment & employment in the industry.
Industry News
Aker BP’s Tyrving field begins oil production ahead of schedule
Tyrving is operated by Aker BP, with Petoro and PGNiG Upstream Norway as partners.
Company News
NEO Energy to slow down investments in North Sea oil project
NEO Energy to slowdown its investment across portfolio due to escalating regulatory and fiscal uncertainties in the UK oil and gas sector.