Cluff Natural Resources has completed the sale to Shell of a 50% stake in a UK offshore gas license as the two companies move forward with plans to drill a first well at the site. [Read more…] about UK upstream junior Cluff completes North Sea gas farm-out to Shell
Ocean Breeze Energy, owner of Bard Offshore 1, located in the North Sea, has sold the windpark to Macquarie Infrastructures and Real Assets. [Read more…] about New owners for Bard Offshore 1
Following the news on Wednesday 12 September that OMV and Sapura Energy have entered into Heads of Agreement for OMV to acquire 50% of Sapura Upstream, Jonathan Markham, Oil & Gas Analyst at GlobalData offers his view on the key aspects of this transaction.
[Read more…] about OMV turns focus to Southeast Asia with acquisition of Sapura Upstream
Airborne Oil & Gas in IJmuiden is pleased to announce that we have entered into a technical cooperation agreement with Over Sea & Land Concrete (OSL).
[Read more…] about Airborne Oil & Gas entered into a technical cooperation agreement
The Van Aalst Group, Dordrecht, announced today that it became a majority stakeholder in Techano AS, a leading offshore crane specialist from Norway.
[Read more…] about Van Aalst Group to become majority shareholder in Techano, the Norwegian offshore crane specialist
LetterOne announced today that it has signed a Letter of Intent with BASF to combine the parties’ oil and gas businesses in a joint venture. The new merged entity would operate under the name Wintershall DEA.
[Read more…] about LetterOne and BASF sign Letter of Intent to merge oil and gas businesses to create Wintershall DEA
Aker BP will add the Norwegian operations of U.S. oil company Hess to its expanding exploration and production portfolio under a $2 billion deal.
[Read more…] about Aker BP buys Hess’ Norway unit for $2 billion
DHSS will construct a new build facility at an A1 location in the Beatrix haven, at the heavy cargo quayside in Eemshaven.
[Read more…] about New build facility for DHSS in Eemshaven
China National Petroleum Corporation (CNPC) and Eni signed cooperation agreement today in order to cooperate in oil & gas exploration and production, gas and LNG value chain opportunities, trading and logistics opportunities, refining and petrochemicals.
[Read more…] about CNPC and Eni sign a cooperation agreement
SAL Heavy Lift is shutting down its business unit SAL Offshore B.V in the Netherlands.
[Read more…] about SAL Heavy Lift shuts down SAL Offshore business