Saudi Aramco has signed a non-binding letter of intent (LoI) to acquire a...
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ONGC to invest $11.64bn to boost oil and gas production in India
Energy major Oil and Natural Gas Corporation Limited (ONGC) has announced plans to invest Rs830bn ($11.64bn) on 25 major projects currently under execution in India.
Mosman completes drilling of Stanley-3 well in Texas, US
Exploration and development company Mosman Oil and Gas has completed drilling of the Stanley-3 well in Texas, US, after reaching the target depth of 5,100ft.
Botswana approves Strata-X Energy’s EIA on Serowe CBM project
The Botswana Department of Environmental Affairs has approved the form and scope of Strata-X Energy’s new environmental impact assessment (EIA) on its Serowe coal bed methane (CBM) Project.
Saudi Aramco to acquire Reliance’s O2C business unit for $75bn
Saudi Aramco has signed a non-binding letter of intent (LoI) to acquire a 20% stake in the oil-to-chemicals (O2C) division of India’s Reliance Industries Limited (RIL) for $75bn.
Quadrise signs MoA with European oil refiner for MSAR project
Oil technology provider Quadrise Fuels International (QFI) has signed a memorandum of agreement (MoA) with a European oil refiner.
Pennpetro gains 100% interest in City of Gonzales licence in Texas
Independent oil and gas company Pennpetro has increased its working interest from 75% to 100% in the leasehold petroleum interests in the City of Gonzales licence in southwest Texas, US.
UKOG increases stake in Horse Hill oil field to 86%
UK Oil & Gas (UKOG) has agreed to acquire the entire share capital of Tellurian Investments’ subsidiary Magellan Petroleum for £12m in cash and shares.
QIA affiliate acquires interest in US midstream crude operator Oryx
An affiliate of Qatar Investment Authority (QIA) has purchased a significant stake in US-based midstream crude operator Oryx.
Caliber expands Bakken presence with North Dakota assets acquisition
US-headquartered pipeline operator Caliber Midstream has announced the acquisition of the North Dakota assets from American Midstream Partners.
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