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Shell and Equinor to create the UK’s largest independent oil and gas company

Shell and Equinor to create the UK’s largest independent oil and gas company

by Efrain Garcia | Dec 5, 2024 | Upstream News

5 Dec 2024 London − Equinor UK Ltd, a subsidiary of Equinor ASA (OSE: EQNR, NYSE: EQNR, “Equinor”) and Shell U.K. Limited, a subsidiary of Shell plc (LSE: SHEL, NYSE: ADR SHEL, AMS EURONEXT: SHELL, “Shell”) are to combine their UK offshore oil and gas assets and...
BREAKING: $22.5 Billion Deal – ConocoPhillips completes acquisition of Marathon Oil Corporation

BREAKING: $22.5 Billion Deal – ConocoPhillips completes acquisition of Marathon Oil Corporation

by Efrain Garcia | Nov 22, 2024 | Upstream News

This article brought to you by: HOUSTON –ConocoPhillips (NYSE: COP) today announced that it has completed its acquisition of Marathon Oil Corporation (NYSE: MRO). “This acquisition of Marathon Oil is a perfect fit for ConocoPhillips, adding to our deep, durable and...
TechnipFMC Awarded Major iEPCI™ Contract for TotalEnergies’ GranMorgu Development Offshore Suriname

TechnipFMC Awarded Major iEPCI™ Contract for TotalEnergies’ GranMorgu Development Offshore Suriname

by Efrain Garcia | Nov 16, 2024 | Upstream News

NEWCASTLE & HOUSTON, November 14, 2024 — TechnipFMC (NYSE: FTI) (“the Company”) has been awarded a major(1) integrated Engineering, Procurement, Construction, and Installation (iEPCI™) contract by TotalEnergies for its GranMorgu project on Block 58, the first oil...
Breaking $3.95 BILLION Deal: Coterra Announces Accretive Permian Basin Acquisitions

Breaking $3.95 BILLION Deal: Coterra Announces Accretive Permian Basin Acquisitions

by Efrain Garcia | Nov 16, 2024 | Upstream News

News Brought to You by: HOUSTON — (BUSINESS WIRE) — Coterra Energy Inc. (NYSE: CTRA) (“Coterra” or the “Company”) today announced it has entered into two separate definitive agreements to acquire certain assets of Franklin Mountain Energy and Avant Natural Resources...
ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.

ExxonMobil Secures Largest CO2 Offshore Storage Site in the U.S.

by Efrain Garcia | Oct 11, 2024 | Upstream News

This News Article is Brough to you by: ExxonMobil has secured access to over 271,000-acres in Texas state waters; ideal for CO2 storage Agreement will directly benefit the Texas Permanent School Fund Latest example of ExxonMobil’s leadership in building a carbon...
News in Offshore “GranMorgu” : APA Announces Final Investment Decision for First Oil Development Offshore Suriname

News in Offshore “GranMorgu” : APA Announces Final Investment Decision for First Oil Development Offshore Suriname

by Efrain Garcia | Oct 1, 2024 | Upstream News

Breaking News Brought to you by: Oct 01, 2024 50-50 joint venture with TotalEnergies’ subsidiary (Block 58 operator) for 220,000 barrels of oil per day Floating Production Storage and Offloading (FPSO) unit First oil production from the Krabdagu and Sapakara fields...
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