TotalEnergies closes $750m infrastructure agreement with GIP

14 Jul

TotalEnergies and GIP have closed a transaction pertaining to the downstream facilities of the Gladstone LNG project in Australia.

Tellurian terminates LNG deal with Franc’s TotalEnergies

13 Jul

Tellurian has terminated agreements related to its proposed Driftwood LNG export facility in Louisiana with French energy major TotalEnergies.

Ineos and Petroineos joins Acorn CCS project in Scotland

12 Jul

British chemical firm Ineos and Petroineos have signed a memorandum of understanding (MoU) to join the Acorn CCS Project, Scotland’s first carbon capture and storage (CCS) system.

Qatar Petroleum signs LNG supply deal with Taiwan’s CPC

8 Jul

CPC’s terminals in Taiwan will receive LNG deliveries from Qatar Petroleum from January 2022.

Patterson-UTI to buy Pioneer Energy Services for $295m

7 Jul

Patterson-UTI Energy has agreed to acquire Pioneer Energy Services in a cash-stock deal worth around $295m.

Diversified Energy, Oaktree to acquire Tanos Energy’s assets for $308m

6 Jul

Diversified Energy, together with Oaktree Capital Management, has agreed to acquire certain natural gas assets in the US from Tanos Energy Holdings III for $308m.

Indian Oil awards $170m EPCC contract to Maire Tecnimont

5 Jul

Indian Oil Corporation (IOCL) has awarded a $170m contract to Maire Tecnimont to support the expansion of the Barauni refinery in Bihar state.

Oil producer Mesquite eyes sale of certain Eagle Ford assets in US

2 Jul

Oil producer Mesquite Energy is reportedly looking to divest its Catarina Ranch assets located in the Eagle Ford region of South Texas.

Qatar Petroleum signs ten-year LNG supply deal with Shell

1 Jul

QP will supply 1MTPA of LNG to various LNG terminals in China, effective from January 2022.

Greymouth and Riverside grant two exploration permits in New Zealand

30 Jun

Valid for ten years, the two exploration permits - PEP 60749 and PEP 60742- are located onshore Taranaki.

Vista and Trafigura to further develop Argentina’s Vaca Muerta basin

29 Jun

Vista Oil & Gas has partnered with Trafigura Argentina to jointly invest around $250m to develop wells in the Vaca Muerta shale basin in Argentina.

iGAS and CMG exercise rights to up stakes in ROMPCO gas pipeline

28 Jun

South African Gas Development Company (SOC) (iGas) and Mozambique-based CMG have exercised their rights to acquire Sasol’s 30% stake in the ROMPCO gas pipeline.

Block Energy starts drilling campaign on West Rustavi field in Georgia

25 Jun

Block Energy has commenced drilling work at the WR-B1 well, located at WR-BA, on the West Rustavi field in Georgia.

Australia approves refinery subsidies for Viva Energy and Ampol

24 Jun

The funding will help Viva Energy and Ampol keep their oil refineries open until 30 June 2027.

Pond finalises deal to offload Canada petroleum and natural gas assets

23 Jun

Pond Technologies Holdings has closed a deal with Grizzly Resources to divest its petroleum and natural gas assets in the Pembina Area, Alberta in Canada.

Limetree Bay to indefinitely shut St Croix refinery in US

22 Jun

Limetree Bay Energy plans to close the refinery in St Croix, US Virgin Islands, for an indefinite period citing severe financial constraints.

CNPC makes one billion tonne oil and gas field discovery in Tarim Basin

21 Jun

China National Petroleum Corporation (CNPC) has reportedly made what it claims to be the largest oil and gas field discovery in the Tarim Basin in the last ten years, with reserves of one billion tonnes.

EC approves $199m in Greek state aid for LNG terminal

18 Jun

The European Commission (EC) has approved a $199m (€166.7m) support measure by Greece to build a new LNG terminal in Alexandroupolis.

Northern Oil and Gas signs deal to buy core Permian assets

17 Jun

Northern Oil and Gas has signed three agreements to acquire non-operated interests across nearly 2,900 core Permian acres for a total consideration of $102.2m.

Saipem wins EPC contract for ADNOC’s Shah Gas expansion project

16 Jun

Abu Dhabi National Oil Company (ADNOC) has awarded a $510m contract to Saipem to upgrade the Shah Gas plant in the UAE.