Oil & gas news
Petrobras sells assets totalling US$10.3 billion
The company executed three sale and purchase agreements to sell the assets.
Berkeley Engineering Consultants celebrates winning Queen’s Award for International Trade
One of only a handful of oil and gas sector companies recognised in UK’s most prestigious international trade awards.
Providing flexible and easy communication in hazardous areas
The Pepperl+Fuchs brand ecom has launched the tenth generation of the world's first Ex-Handy series: the Ex-Handy 10.
Major new state-of-the-art drilling and well control simulator facility to be built in Kazakhstan
The facility will include several interactive real-time drilling and well control simulators by advanced simulator developer, Drilling Systems, part of the 3T Energy Group.
Anglo African Oil & Gas: CPR update and cost reimbursements
The company has provided an update on the timing and scope of its Competent Persons Report for the Tilapia Licence in the Republic of the Congo and the repayment of funds owed to AAOG by Société Nationale des Pétroles du Congo, the Congolese national oil company.
Ashtead Technology acquires Aqua-Tech Solutions in Gulf of Mexico
This latest transaction is the fourth deal completed by Ashtead Technology since the business was acquired by Buckthorn Partners and APICORP in April 2016.
Wood grows chemicals business with new contract in Germany
The company has been awarded a new contract by Evonik to deliver engineering, procurement and construction management services for the Group’s new polyamide 12 production complex.
ExxonMobil acquires more exploration acreage offshore Namibia
Agreements signed with the government of Namibia and NAMCOR will add approximately 7 million net acres to the company’s exploration acreage.
Sparrows Group secures UKCS contract renewals totalling £30m
Sparrows Group has reinforced its leading position in the North Sea following contract renewals worth an estimated £30 million in revenue in the first quarter of 2019.
Rystad Energy: Saudi Arabia and allies can replace lost Iranian oil
The US said on Monday that it won’t extend the sanctions waivers for eight countries importing crude oil from Iran. The move could remove around 1.1 million bpd from the market.