The Abu Dhabi National Oil Company (ADNOC) announced that it has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock, two of the world’s leading institutional investors.
Both companies' shareholders voted to approve the pending all-stock transaction under which Rowan shareholders will receive 2.750 Ensco shares for each Rowan share they own.
The document provides procedures for promoting and maintaining safe and healthy working conditions for personnel in drilling and well servicing operations.
The new company seeks to increase Wintershall’s and DEA’s joint average daily production by around 40% between 2021 and 2023.
Clean CCS EBITDA rose by 16% in the last quarter compared with Q4 2017 resulting in an EBITDA of US$2.69 billion for 2018.
Equinor sold natural gas for around US$26 billion in total in 2018, an increase of 29% from 2017.
Successive changes to Romania’s regulatory framework governing the oil and gas sector have made for an uncertain investment climate, according to GlobalData.
Intellectual property violation centred on tubular running mechanisation.
A surge in final investment decisions (FIDs) this year on new petroleum projects worldwide could see sanctioned volumes of oil and gas – excluding shale and tight oil and gas prospects – nearly triple compared to last year’s tally.
The company has completed the previously announced acquisition of the 6% shareholding in Horse Hill Developments Ltd from Doriemus PLC.
The endorsement follows a decade of efforts by Equatorial Guinea to join the initiative, which seeks to address key governance issues of transparency and accountability in the extractive sectors.
New joint venture acquires NOBU, a Dubai based tubular manufacturer and provider of tube repair services.
The oil and gas industry’s role in tackling climate change will be a major focus at IP Week 2019, taking place in London 26 - 28 February, says Energy Institute Chief Executive Louise Kingham OBE FEI.
New joint venture entity will be the industry’s first fully Integrated automation solutions provider, combining Rockwell Automation’s integrated control and information solutions with Schlumberger’s O&G expertise.
The company has further expanded its capabilities in the Middle East with the acquisition of Murjan Al-Sharq Marine Contracting LLC (MSMC).