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Queensland Awards Senex Energy Rights to Develop New Gas Field in Surat Basin
September 13, 2017
The Queensland government has awarded the rights to develop a gas field in the Surat Basin to Senex Energy to deliver new domestic gas supply to the Australian east coast. First gas from the acreage has been targeted for 2019
Petrofac Secures $700m Contract for Sakhalin Energy’s Gas Processing Facility, Russia
September 13, 2017
Petrofac has bagged a contract worth over $700m from Sakhalin Energy Investment Company related to the Russian company’s onshore processing facility (OPF) on Sakhalin Island. As part of the contract, the Jersey-based oilfield services provider will provide the Sakhalin-2 project
Verus Petroleum to Acquire Premier Oil’s Stake in Wytch Farm Oil Field for $200 Million, UK
September 13, 2017
London-based oil and gas explorer Premier Oil has agreed to divest its entire stake of 33.8 percent in the Wytch Farm onshore oil field in the UK to Verus Petroleum for $200m in an all-cash deal. Located in the Dorset
Baker Hughes Secures Subsea Contract for Zohr Gas Development Project, Egypt
September 12, 2017
Baker Hughes (BHGE) has bagged a subsea contract from Petrobel for the second phase of the supergiant gas field Zohr in offshore Egypt. Under the contract, the GE company will be responsible for project management, engineering procurement, fabrication, construction, testing
Statoil Acquires Stakes in Two South African Offshore Blocks
September 12, 2017
Norwegian energy major Statoil has added exploration licenses in South Africa with the acquisition of participating stakes in two offshore blocks at undisclosed price. In a transaction with ExxonMobil Exploration and Production South Africa (Exxon Mobil), Statoil has purchased a
Aker Secures Shell’s Contract for Nyhamna and Draugen Facilities, Offshore Norway
September 12, 2017
Aker Solutions has won a contract from Royal Dutch Shell to provide brownfield modifications services and maintenance support for the latter’s Nyhamna and Draugen facilities in Norway. The framework agreement secured by the Oslo-based oil services company is for a
Energean Oil & Gas Receives Approval from Greek Government to Develop Kataloko Field
September 12, 2017
Energean Oil & Gas has secured approval from the Greek government agency for the development of the Kataloko field. Hellenic Hydrocarbons Resources Management is the government agency that approved Energean’s field development plan (FDP) to develop Kataloko field in Western
CEFC China Energy Company to Acquire Stake in Rosneft for $9 Billion
September 12, 2017
CEFC China Energy Company (CEFC China) has entered into an agreement with a consortium of Glencore and Qatar Investment Authority (QIA) to acquire a 14.16 percent stake in Russian oil giant Rosneft for nearly $9bn. The Chinese company said that
KBR Secures Feasibility Studies Contract for Kumul’s Energy Hub, Papua New Guinea
September 11, 2017
American engineering company KBR has won a contract to conduct conceptual development and feasibility study services for an energy hub in Papua New Guinea (PNG). The contract was given by PNG national oil and gas company Kumul Petroleum for an
Petrofac Secures EPC Contract to Develop Onshore Pipelines, Gas Receiving Terminal, Turkey
September 11, 2017
Petrofac has secured €340m engineering, procurement and construction (EPC) contract from Gazprom’s wholly owned subsidiary South Stream Transport. As part of the deal, Petrofac will construct onshore pipelines and gas receiving terminal near Kiyiköy in Turkey. Since April, Petrofac has
