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Oil & Gas

Shell announces agreement to acquire Canadian energy company

Shell will take on approximately US$2.8 billion in net debt and leases resulting in an enterprise value of approximately US$16.4 billion.

Saipem: new offshore contract by ExxonMobil Guyana

Once approved, the full contract will have an expected duration of around four years

Eni has unveiled a new natural gas discovery off the coast of Indonesia

Eni’s major Geliga Gas Discovery Confirms the Strategic Potential of Indonesia’s Kutei Basin and Unlocks Significant New Volumes for Domestic and International Markets

Saipem awarded two offshore contracts in the Kingdom of Saudi Arabia

For the offshore operations, Saipem will employ its construction vessels that are currently deployed in the region.

Start of the FSRU conversion works for the EemsEnergyTerminal

EXMAR has now secured the vessel for the conversion project, being a dual fuel diesel electric membrane LNG carrier.

Petrobras takes back full ownership of Brazilian offshore oil fields

The transaction value is US$450 million

ABL oversees delivery of Northern Endeavour FPSO to MARS recycling center

ABL has completed its work scopes for the transportation of the Northern Endeavour FPSO from Australia via Singapore to its end-of-life destination in Denmark.

Halliburton enters strategic agreement for Petronas Suriname asset development

The collaboration integrates Petronas’ deep basin expertise, Valaris’ offshore drilling capability, and Halliburton’s technology and execution strengths

Eni discovers two trillion cubic feet of gas in Egyptian waters

The Denise W discovery lies 70 km offshore in 95 m of water depth and less than 10 km from existing infrastructure, enabling substantial synergies for a fast-track development.

Valaris announces multi-year contract award for drillship VALARIS DS-4

VALARIS DS-4 is an ultra-deepwater drillship rated to 3,660 m water depth and equipped with MPD, currently deployed in Brazil.

Blaze on ONGC offshore platform injures at least 10

Ten personnel sustained minor injuries after a fire broke out on the SHP Platform of Oil and Natural Gas Corporation Limited at its Mumbai High Asset on Friday.

Australian FPSO Northern Endeavour arrives in Denmark for recycling

The focus of the Northern Endeavour decommissioning program has now shifted to phase 2 to permanently plug and abandon the oil wells.

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