Deal News
VTTI to acquire 50% stake in UK’s Dragon LNG terminalÂ
VTTI has reached an agreement to acquire a 50% stake in Dragon LNG Group (Dragon LNG) from infrastructure asset manager
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Deal News
DNO to acquire oil and gas assets in Norne area from VÃ¥r EnergiÂ
DNO Norge has struck a deal to acquire stakes in five oil and gas fields in the Norne area of
Company News
Guyana approves oil block bid by QatarEnergy, TotalEnergies and PetronasÂ
The Government of Guyana has given the green light to a consortium’s bid involving QatarEnergy, TotalEnergies, and Petronas, reported Reuters.
Industry News
Iran is using Malaysian providers to move sanctioned oil
Iran has been moving sanctioned oil through Malaysia, according to a US treasury official speaking to Reuters.
Deal News
Shell to divest refining and chemicals assets in Singapore to CAPGC
Shell Singapore, a subsidiary of Shell, has agreed to divest its Energy and Chemicals Park in Singapore to CAPGC.
Deal News
Santos and Repsol exploring sale of stakes in Alaska oilfields
Santos and Repsol are considering the sale of minority stakes in their jointly owned oilfields in Alaska, a move that
Industry News
EIA estimates slower world oil demand growth in 2024Â
The latest report by the US Energy Information Administration predicts a slower growth in global oil demand for 2024.
Company News
Aramco Q1 net income slumps more than 14% to $27.27bnÂ
Saudi Aramco has reported a net income of $27.27bn for the first quarter of 2024, down 14.4% from $31.87bn in
Contract News
OKEA awards EPCI contract to SLB OneSubsea and Subsea7 for Bestla project  Â
OKEA has awarded a contract to SLB OneSubsea and Subsea7’s Subsea Integration Alliance for the Bestla project’s development in the
Contract News
Sapura Energy secures $1.8bn contracts from Petrobras Â
Sapura Energy has secured contracts valued at $1.8bn from Brazil’s state-owned company Petrobras for the provision of offshore services.