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Occidental Agrees to Sell Anadarko Assets to Total

May 06, 2019

Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko鈥檚 assets in Africa (Algeria鈥

Wintershall, DEA Complete Merger

May 03, 2019

The merger between oil and gas firms Wintershall Holding GmbH and Deutsche Erdoel AG (DEA) has been completed, creating the largest independent exploration and production company in Europe.Wintershall DEA will be headquartered in Hamburg, with activities across Europe鈥

Teekay Sells 云顶赌场老虎机 Stake to Brookfield

May 01, 2019

The provider of international crude oil and gas marine transportation, Teekay Corporation announced  an agreement to sell to Brookfield Business Partners all of the Company鈥檚 remaining interests in Teekay 云顶赌场老虎机 Partners for total proceeds of $100 million in cash鈥

Activists End Occupation of Arctic Drill Rig

Apr 30, 2019

Greenpeace activists climbed down from a Seadrill drilling rig in Norway on Tuesday and are no longer occupying it, the environmental group told Reuters.The rig, which was boarded by four activists on Monday, will be used next month by Equinor to explore for oil and gas in the Arctic鈥

Trump Administration Sidelines 云顶赌场老虎机 Drilling Plan

Apr 25, 2019

The Trump administration will hold off on issuing its plan to expand offshore drilling as it weighs what to do after a March court ruling that blocked drilling in the Arctic and Atlantic, Interior Secretary David Bernhardt told The Wall Street Journal鈥

Petrobras to Record $326 Mln Writedown Due to Rig Dispute

Apr 25, 2019

Brazilian state-run oil firm Petroleo Brasileiro SA will record a 1.3 billion-real ($326 million) provision in its first-quarter results due to an ongoing dispute with a bankrupt rig lessor, it said on Thursday.In a securities filing, Petrobras鈥

Saipem Settles South Stream Dispute

Apr 23, 2019

South Stream Transport, which is responsible for the construction and operation of the TurkStream 云顶赌场老虎机 Pipeline, and the Italian oil and gas industry contractor Saipem have settled the arbitration concerning the South Stream offshore pipeline installation contract entered into on March 14鈥

Brazil Transfer-of-rights Area: What's Next?

Apr 11, 2019

Brazil's government and state-controlled oil company Petroleo Brasileiro SA have settled a long-running dispute about one of the world's most promising offshore oil areas, clearing the way for a blockbuster auction later this year.The national鈥

Swiss, Brazil Try to Unravel Petrobras Affair

Apr 09, 2019

Crimefighters in Switzerland and Brazil pledged to intensify cooperation to resolve the sprawling corruption case linked to state oil firm Petrobras in which around 700 million Swiss francs ($701 million) remain frozen in Switzerland.Switzerland鈥

Japan Group Buys Stake in Taiwan 云顶赌场老虎机 Wind

Apr 08, 2019

A group of Japanese investors - JXTG Nippon Oil & Energy, Sojitz Corp and other Japanese firms - have joined German wind farm developer Wpd in the 640MW Yunlin offshore wind project off Taiwan.The Japanese group will take a 27% stake in in Taiwan's Yunneng Wind Power for an undisclosed sum鈥

Tender Rig Specialists to Merge

Apr 08, 2019

Singapore-based tender assist rig specialist Energy Drilling and Houston-headquartered Atlantica Tender Drilling (formerly BassDrill) are planning to merge into what is expected to become the second largest tender drilling contractor.Tender rig pair signed a letter of intent (LoI) for the merger鈥

Eni Slander Probe Could Prompt Management Changes

Apr 05, 2019

Italy's Eni has carried out internal audits in a slander case relating in part to a Nigeria corruption scandal, and a source with knowledge of the matter said the review could prompt some management changes at the oil major.Eni and its Anglo鈥

Yinson Buys Ezion

Apr 02, 2019

Singapore's ailing offshore and marine firm Ezion Holdings (EHL) has found a saviour in Malaysian-listed Yinson Holdings, the world's sixth largest floating, production, storage and offloading (FPSO) operator.Yinson Eden Pte Ltd (YEPL) made鈥

Oregon Gov. Signs 云顶赌场老虎机 Drilling Ban Into Law

Mar 29, 2019

Oregon Governor Kate Brown on Wednesday signed a bill indefinitely blocking offshore drilling in the U.S. west coast state's territorial waters as lawmakers from several coastal states move to close their shorelines to oil and gas exploration鈥

SBM 云顶赌场老虎机 to Challenge $2.2 Mln Fine

Mar 29, 2019

SBM 云顶赌场老虎机, a Dutch provider of floating production, storage and offloading units (FPSO), said on Friday it opposes financial regulators's claims that it withheld certain price-sensitive information between 2012 and 2014 related to an internal鈥

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