Energean agrees US$850m purchase of Edison oil and gas assets
05 July, 2019
Greek oil and gas exploration and production company Energean has agreed to buy the oil and gas business of Edison E&P for US$850m.
OPEC to extend cuts for approximately 6 months
28 June, 2019
OPEC+ will agree to extend production cuts for at least another six months to 2020, according to a new report by analysts at Fitch Solutions Macro Research.
Aramco plans US$6bn refinery expansion in South Korea
27 June, 2019
Saudi Aramco is expected to sign a US$6bn expansion contract at its South Korean refining unit in a bid to ensure long-term demand for its crude in Asia.
Aramco’s £320bn programme opens opportunities for the UK supply chain
19 June, 2019
Speaking at the EIC's Energy Exports Conference, Saudi Aramco boss Mr Al-Marri said that there are huge opportunities available for UK supply chain companies.
160MW storage interest acquired by Gore Street
07 June, 2019
A controlling interest in a portfolio of projects in Ireland and Northern Ireland is to be acquired by Gore Street Energy Storage Fund.
BP sells mature assets in Egypt
04 June, 2019
Energy giant BP has agreed to sell off its mature assets in Egypt's Gulf of Suez for an undisclosed fee.
Ithaca Energy acquires Chevron’s North Sea assets for US$2bn
30 May, 2019
Aberdeen-based Ithaca Energy has purchased US major Chevron's UK North Sea oil and gas assets worth US$2bn.
ENGIE and EDP agree to form new offshore wind joint venture
22 May, 2019
Portuguese energy firm EDP and French utility ENGIE have agreed to combine their offshore wind assets and project pipeline to form a joint venture by the end of 2019.
Schlumberger to sell non-core drilling assets to Rhône Capital affiliate
20 May, 2019
Oilfield services company Schlumberger has agreed to sell some of its non-core drilling assets to Wellbore Integrity Solutions, affiliate of Rhône Capital, for a sum of around US$400m.
WorleyParsons to rebrand after £2.4bn acquisition of Jacobs ECR division
30 April, 2019
Australian engineering firm WorleyParsons has announced that it will rebrand after completing a £2.4bn acquisition of the energy, chemicals and resources division of US company Jacobs.
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