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Freeport-McMoRan to Sell Deepwater Gulf of Mexico Properties to Anadarko Petroleum for $2 Billion
September 13, 2016
Freeport-McMoRan Inc. has entered into a purchase and sale agreement with Anadarko Petroleum Corporation for the sale of its Deepwater Gulf of Mexico (GOM) properties for total cash consideration of $2.0 billion and up to $150 million in contingent payments.
AWE Begins First Gas Sales from Waitsia Project, Western Australia
September 12, 2016
Australian oil and gas exploration and production company AWE has commenced gas sales from Stage 1A of the Waitsia gas project in Western Australia. The project is located in production license L1/L2 in the onshore Perth Basin, Western Australia, approximately
Sparrows and SapuraKencana Petroleum Form Crane Services Partnership in Malaysia
September 12, 2016
Sparrows Group is set to further grow our presence in the Asian Pacific market following the formation of a partnership with SapuraKencana Technology Sdn Bhd, a wholly-owned subsidiary of SapuraKencana Petroleum Berhad. The partnership will see us collaborating in the
Chevron and ENN Sign LNG Sales and Purchase Agreement for China Delivery
September 12, 2016
Chevron wholly-owned subsidiary Chevron U.S.A. has signed a binding LNG sales and purchase agreement (SPA) with ENN LNG Trading Company (ENN) for the delivery of liquefied natural gas (LNG) to China from Chevron’s global supply portfolio. Under the terms of
Sound Energy Begins Drilling Second Well at Tendrara, Onshore Morocco
September 9, 2016
European and African focused upstream company Sound Energy has commenced drilling of the second well at Tendrara, onshore Morocco. After the successfully drilling the first Tendrara well (TE-6), a sub-horizontal appraisal well was spud later in August on the TE-7,
Emerson Selected by Total for Control & Safety Systems Maintenance Services for Oil & Gas Operations
September 8, 2016
Emerson has been selected by Total Exploration and Production Services to provide control and safety system maintenance services that will support Total’s upstream oil and gas operations around the world. The ten-year frame agreement is part of Total’s integrated control
Wood Group Secures Subsea Tieback Design Contract for Statoil’s Utgard Field, North Sea
September 7, 2016
Wood Group has been awarded a contract by Norwegian firm Statoil to provide detailed design of the subsea tie-back from the NOK3.5bn ($414m) Utgard field to the Sleipner facilities in the Norwegian North Sea. Previously called Alfa Sentral, Utgard is
GDC and National Oil to Offer Joint Oil and Gas Drilling Services in Kenya
September 7, 2016
Geothermal Development Company (GDC) and National Oil Corporation of Kenya have entered into an agreement to offer joint oil and gas drilling services in Kenya and the region. The partnership is the first of its kind in the country and
Statoil Begins Production at Fram C East Well, Offshore Norway
September 7, 2016
Statoil has started production from the Fram C East well, offshore Norway, which will help boost the nearby Troll C’s production and activities. Gas will be transported to Kollsnes through Troll A, whereas oil will be piped to Mongstad for
JX, TonenGeneral Sign $3.4 Billion Merger Deal to Create Japan’s Largest Oil Refiner
September 2, 2016
Japan based oil refiner JX Holdings has signed an agreement to acquire its rival TonenGeneral Sekiyu for $3.4bn in a bid to create the county’s biggest oil refiner. As part of the deal, JX Holdings has agreed to give 2.55
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