Sunday, August 19, 2018
Diamondback Energy’s settlement to purchase Energen in an $eight.four billion all-stock deal makes it official: The long-awaited Permian basin shopping for spree has arrived, promising to shake up the U.S. shale .Some $30 billion in transactions this 12 months...
The offshore assist business faces a busy few a long time as quite a few decommissioning alternatives current themselves around the globeIn April, Ocean Installer’s development assist vessel, the Normand Vision, took up station within the Chinquetti subject, 80...
Equinor Energy AS, operator of manufacturing licence 025, has concluded the drilling of appraisal nicely 15/Three-11 on the 15/Three-Four (Sigrun) oil and gasoline discovery.The nicely was drilled about 10 km southeast of the Gudrun subject within the North Sea,...
Norway has an enormous potential to be a pioneer in Artificial Intelligence (AI), nevertheless it wants assets and collaboration so as to not lag behind. To strengthen nationwide efforts on synthetic intelligence, Telenor, NTNU and SINTEF are inviting Norwegian...
Operating within the North Sea comes with challenges, significantly excessive prices, for the oil and gasoline sector. But Total has grown its property within the area with the acquisition of Maersk Oil.From the angle of Martin Rune Pedersen, vp...
Natural gasoline manufacturing in Egypt has been in decline, falling from a 2009 peak of 5.eight Bcfd to three.9 Bcfd in 2016, primarily based on estimates in BP’s Statistical Review of World Energy. The startup of plenty of pure...
Aker Solutions gained orders valued at greater than NOK 350 million to ship energy umbilical programs to China National Offshore Oil Corporation's (CNOOC) Liuhua oil fields within the South China Sea, off Hong Kong.The work scope consists of greater...
The restoration within the oil business is attracting a number of the most acknowledged billionaires in cash administration.Stanley Druckenmiller’s Duquesne Family Office purchased 1.68 million shares in VanEck Vectors Oil Services ETF within the second quarter, the third-biggest addition...
Norwegian Prime Minister Erna Solberg is able to begin reining in oil spending after the federal government started placing a refund into the sovereign wealth fund once more.The Norwegian authorities in June made its first deposit into its wealth...
Faroe Petroleum, the impartial oil and fuel firm focusing principally on exploration, appraisal and manufacturing alternatives in Norway and the UK, has introduced that it has farmed into the UK Continental Shelf (UKCS) Agar-Plantain exploration and appraisal nicely, near...
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