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BREAKING INEOS Energy to acquire oil and gas assets in US Gulf of Mexico from CNOOC Energy Holdings USA Total Capital Spend on Energy Assets $3b

BREAKING INEOS Energy to acquire oil and gas assets in US Gulf of Mexico from CNOOC Energy Holdings USA Total Capital Spend on Energy Assets $3b

by Efrain Garcia | Dec 14, 2024 | Upstream News

Breaking News Brought to you by: The third major investment by INEOS Energy in the USA, in the past three years. Capital spend on energy assets in the USA now exceeds $3bn, providing a strong platform for future growth. Deal includes interest in two high quality deep...
Shell takes investment decision for Phase 3 Silvertip project in the US Gulf of Mexico

Shell takes investment decision for Phase 3 Silvertip project in the US Gulf of Mexico

by Efrain Garcia | Dec 13, 2024 | Upstream News

News Brought to you by: Houston, Texas – Shell Offshore Inc., a subsidiary of Shell plc (Shell), announced a Final Investment Decision (FID) on the Phase 3 Silvertip project, which will deliver two wells to boost production at the Shell-operated Perdido spar in the US...
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...
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