Industry News
Shell takes investment decision for Phase 3 Silvertip project in the US Gulf of Mexico
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
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
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
Breaking news brought to you by: 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...
Breaking $3.95 BILLION Deal: Coterra Announces Accretive Permian Basin Acquisitions
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.
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
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...
Enhancing Digital Presence in Oil and Gas Industry with SEO: Insights from Allstream Energy Partners a Digital Marketing and SEO Agency in Houston
In today’s digital era, having a strong online presence has become crucial for businesses across all industries, including Oil and Gas. To stand out in a highly competitive market, companies must effectively navigate the digital landscape and employ effective...
McDermott and BW Offshore Announce Collaboration to Enable Offshore Blue Ammonia Production
This News Article Brought to you by: HOUSTON and SINGAPORE, Sept. 19, 2024 /PRNewswire/ -- McDermott and BW Offshore have entered into a collaboration to advance the technical and commercial viability of offshore blue ammonia production. This strategic partnership...
Transocean Ltd. Announces $232 Million Ultra-Deepwater Drillship Contract – Deepwater Atlas with bp in the U.S. Gulf of Mexico
STEINHAUSEN, Switzerland, Sept. 10, 2024 (GLOBE NEWSWIRE) -- Transocean Ltd. (NYSE: RIG) (“Transocean”) today announced a 365-day contract for the Deepwater Atlas with bp in the U.S. Gulf of Mexico. The contract also provides for a 365-day option. The program is...