Category: News

Petrobras has signed three contracts for the completion of construction on Train 2 of the Abreu e Lima Refinery (RNEST) in Pernambuco, Brazil.

Baker Hughes has announced plans to acquire Continental Disc (CDC), for approximately $540m.

MEG Energy’s board of directors has unanimously recommended shareholders to reject Strathcona Resources’ unsolicited takeover bid.

Mitsubishi is reportedly in advanced discussions to acquire the US shale production and pipeline assets of Aethon Energy Management for an estimated $8bn.

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.

TotalEnergies has acquired interests in several offshore blocks in Malaysia and one block in Indonesia from Petronas.

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.

Perenco Congo has announced an investment in the construction of the Kombi 2 platform to be installed on the Kombi-Likalala-Libondo II (KLL II) permit offshore Congo.

Iran has announced a partial suspension of gas production at the South Pars gas field, following an Israeli attack that caused a significant fire on Saturday.

Santos has announced the receipt of a non-binding indicative proposal from a consortium led by ADNOC to acquire all the ordinary shares of Santos through an arrangement process.