Companies - Page 1
Stay up to date with the latest Companies updates from the global hydrocarbons industryLatest Companies Update
Canada-based oil and natural gas reserves company DualEx Energy International has signed an agreement to buy an additional 29.56% interest in its partially owned operating subsidiary in...
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Huge explosion rocks Pemex headquarters in Mexico; kills 25 people
A huge and deadly explosion has rocked the headquarters of Petroleos Mexicanos (Pemex) in Mexico on Thursday, which has reportedly killed 25 people and injured more than 100...
NRI launches Energy Technology forum on LinkedIn
NRI digital has launched a LinkedIn group to unite professionals across all energy sectors for the opportunity to network and discuss today's most important energy technologies and issues....
Saudi Aramco extends bidding deadline for refinery in Saudi Arabia
Oil major Saudi Aramco has extended by one month the bidding deadline for the construction of a new refinery in Jizan province of Saudi...
Indian consortium to bid for Cove Energy
A consortium consisting of India based Oil and Natural Gas Corporation (ONGC) and GAIL are preparing to place a bid for UK-based Cove...
PDCM to acquire Seneca-Upshur assets
PDC Mountaineer (PDCM) has executed a definitive agreement to acquire the interests of Seneca-Upshur for $152.5m....
IGas Energy to acquire Star Energy Group
IGas Energy has signed a sale and purchase agreement to acquire Star Energy Group from Petronas International for...
Marubeni to Acquire Stake in Marathon Oil Asset
Marubeni Denver Julesburg is to acquire an interest in Marathon Oil's Niobrara shale play within the DJ Basin of south-east Wyoming and northern Colorado, US. According to the...
Tullow Oil Signs $2.9bn Deal with CNOOC, Total
Tullow Oil is to sell two-thirds of its interest in Exploration Areas 1, 2 and 3A in Uganda to CNOOC and Total for a total value of $2.9bn. Tullow will retain a one third interest in...
Total Signs Agreements with Novatek
Total has signed two memorandums of cooperation with Russian independent natural gas producer Novatek for a total value of $4bn. According to the memorandums, Total will acquire a 20%...
Foster Wheeler to Conduct Study for ZADCO Processing Unit
Foster Wheeler will perform an availability and reliability study for expanding the Zirku oil processing facilities in Abu Dhabi, UAE, for Zakum Development Company (ZADCO). ZADCO is...
Rosneft Unveils Siberian Oil and Gas Fields
Rosneft has discovered two new oil and gas fields at the Sanarsky and Preobrazhensky licence areas located in the Katangsky district of Irkutsk in Eastern Siberia. The company said that...
Total’s Bolivian Gas Field Starts Production
Total E&P Bolivie has started production from the Itau gas and condensate field located on block XX (Tarija Oeste), 400km south of Santa Cruz, Bolivia. The company's the first phase...
Total to Sell E&P Interest in Cameroon
Total is to sell its 75.8% equity in its upstream affiliate Total E&P Cameroon to Perenco. At present, production from the mature fields operated by Total in Cameroon reaches 40,000 barrels...
Apache Completes BP Canada Asset Acquisition
Apache Canada, a subsidiary of Apache Corporation, has completed its acquisition of all of BP's upstream natural gas assets in western Alberta and British Columbia, Canada. The assets have...
Gulf Coast Fractionators to Expand Liquids Facility
Gulf Coast Fractionators is planning to expand the natural gas liquids fractionation capacity of its Mont Belvieu facility in Texas, US. The capacity will be expanded to 145,000 barrels per...
Qatargas to Supply LNG to Repsol
Qatargas has signed an agreement with Repsol Energy Canada to supply liquefied natural gas (LNG). The agreement involves Q-Max deliveries from the Qatargas 3 project and the LNG will...
CNOOC to Acquire Interest in Eagle Ford Shale Project
CNOOC has signed an agreement with Chesapeake Energy Corporation to acquire a 33.3% stake in Chesapeake's 600,000 net oil and natural gas leasehold acres in the Eagle Ford Shale project...
Petrobras Finds Natural Gas in Peru
Petrobras has confirmed a new natural gas discovery in Peru. The discovery is the outcome of drilling conducted at its exploratory well Picha 2X at a depth of 4,400m and is the second...
GDF Signs Gas Supply Deal with CNOOC
China National Offshore Oil Company subsidiary CNOOC Gas and Power Group has signed an agreement with GDF Suez SA to buy 2.6 million tonnes of liquefied natural gas (LNG). Under the...
Plains to Acquire More Eagle Ford Assets
Plains Exploration & Production Company (PXP) will acquire interests in about 60,000 net acres in the Eagle Ford oil and gas condensate windows in South Texas for $578m. The Eagle...
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