Oil & gas news

ABB has won a contract from Shell to build a power plant as part of the Iraqi South Gas Project.

Peabody Energy has announced a new global organisational structure, with the creation of geographic business units in the Americas, Australia and Asia.

Xstrata Coal has agreed to acquire the Sukunka hard metallurgical coal deposit from Talisman Energy Inc. for US$ 500 million in cash, subject to customary conditions.

Squire Sanders report highlights North American consolidation, growing cross-border activity and the rise of Asian investors.

Hydratight has launched an updated emergency pipeline repair system to offer better disaster planning and contingency services to operators and contractors.

The Iraqi government has announced the country’s highest oil output for more than 30 years.

Gastech, one of the world’s leading conferences on natural gas is to explore the need for innovation in ensuring sustained energy supply.

The LNG boom of recent years is causing workforce bottlenecks as companies struggle to staff projects.

FMC Technologies has been named the world’s most admired oil and gas equipment, services company.

The Australian Takeovers Panel has published a Declaration and Orders that allows FLSmidth to proceed with its offer of AU$ 11/share for Australian company Ludowici Ltd.