Noble Energy, Inc. has announced that its Board of Directors has authorised a US$750 million share repurchase programme. In addition, the Company has executed an agreement to sell its deepwater Gulf of Mexico assets to Fieldwood Energy LLC (Fieldwood) for a total value of US$710 million.
The rationale behind Dubai Petroleum’s use of UAVs was to quickly complete detailed inspections of all their risers.
According to the MOU, the parties agreed to collaborate internationally on natural gas projects, including LNG supplies, development of LNG markets, gas exploration and production projects, as well as research and technology development.