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Upstream news

CGG wins extension until 2021 for Oman dedicated centre

CGG has announced the extension, until the end of 2021, of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing centre (DPC) in Muscat.

 

Triangle Energy completes Cliff Head oilfield acquisition

Triangle has jointly (50/50) completed a Share Purchase Agreement (SPA) with Royal Energy Pty Ltd to acquire the 42.5% balance of the Cliff Head oilfield and associated production facilities from Roc Oil Company Limited.

 
 
 

Clariant and Huntsman to combine in merger of equals.

Clariant and Huntsman Corporation have announced that their Boards of Directors unanimously approved a definitive agreement to combine in a merger of equals through an all-stock transaction.

 
 

Schlumberger signs MOU with Saudi Aramco

Schlumberger has signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, in alignment with the Kingdom’s economic vision for 2030.