Industry News
Norway oil sector faces potential strike action from 21 June
Norwegian offshore drilling rig workers will strike from 21 June if their annual wage negotiations with employers do not reach a satisfactory conclusion.
Category: Industry News
- Home
- Category: Industry News
Industry News
TotalEnergies acquires 25% interest in 40 US offshore exploration blocks
TotalEnergies has acquired 25% working interest in a portfolio of offshore exploration leases in US from Chevron.
Industry News
Petrobras signs contracts worth $892m for completion of RNEST refinery expansion
Petrobras has signed three contracts for the completion of construction on Train 2 of the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil.
Industry News
Baker Hughes to acquire Continental Disc for $540m
Baker Hughes has announced plans to acquire Continental Disc (CDC), for approximately $540m.
Industry News
MEG Energy advises shareholders to reject Strathcona’s $4.42bn takeover bid
MEG Energy’s board of directors has unanimously recommended shareholders to reject Strathcona Resources’ unsolicited takeover bid.
Industry News
Mitsubishi eyes $8bn acquisition of Aethon Energy Management
Mitsubishi is reportedly in advanced discussions to acquire the US shale production and pipeline assets of Aethon Energy Management for an estimated $8bn.
Industry News
Cochin Port, OIL partner for exploration support base in India’s Kerala-Konkan basin
The Cochin Port Authority (CoPA) has signed a MoU with OIL to establish a support base for offshore oil exploration in the Kerala-Konkan Basin of India.
Industry News
TotalEnergies acquires blocks in Malaysia and Indonesia
TotalEnergies has acquired interests in several offshore blocks in Malaysia and one block in Indonesia from Petronas.
Analyst Comment
China to drive Asia’s liquids storage capacity growth through 2030
Asia is expected to dominate global liquids storage capacity additions, accounting for nearly 60% of the total additions by 2030.
Industry News
Wood and Tendrill JV secures EPC contract in Brunei
Wood Group, in partnership with Tendrill International, has secured an engineering, procurement, and construction (EPC) contract from Brunei Shell Petroleum (BSP) for a period of five years.