ExxonMobil acquires 25% stake in Mozambique LNG block
14 December, 2017
US oil major ExxonMobil has completed a deal to acquire a 25% stake in Mozambique’s gas-rich Area 4 block from Italy’s Eni.
Petrofac lands US$800m Khazzan gas field contract in Oman
13 December, 2017
British oil and gas company Petrofac has been awarded a contract worth approximately US$800m for the second planned phase of the Khazzan gas field in Oman.
Forties oil pipeline to be closed for repairs
12 December, 2017
A major oil pipeline in the UK is being closed for urgent repairs after a crack was discovered in Aberdeenshire.
US firm General Dynamics wins Saudi Aramco security contract
08 December, 2017
Oil major Saudi Aramco has awarded a contract to the local subsidiary of US firm General Dynamics to install long-range integrated security systems at nine offshore sites in the Gulf.
Final investment decision reached for Coral South FLNG project
07 December, 2017
Italian oil major Eni has achieved financial close for its Coral South FLNG project after securing project financing for a total amount of US$4.7bn.
Mediterranean countries back East Med pipeline to Europe
06 December, 2017
The governments of Italy, Greece, Israel and Cyprus have agreed to back the construction of a gas pipeline from newly discovered fields in the Eastern Mediterranean to Europe.
Aker Solutions wins £358m of Johan Castberg orders
05 December, 2017
Norwegian oil and gas operator Statoil has awarded Aker Solutions supply and design contracts worth £358m for the Johan Castberg field, the largest oil discovery in the Norwegian Barents Sea.
Largest ever Danish North Sea investment sanctioned by Maersk Oil
04 December, 2017
Maersk Oil, alongside its partners, has confirmed that it has approved a US$3.4bn investment to redevelop its North Sea Tyra gas field.
ExxonMobil to invest US$1bn in Antwerp refinery upgrade
29 November, 2017
US supermajor ExxonMobil is to invest more than US$1bn to install a new delayed coker unit at its Antwerp refinery.
First oil from Petrobras’ Libra field
28 November, 2017
Brazilian oil and gas giant Petrobras has announced that production has started at its Libra field, located in the Santos Basin, 195km offshore Rio de Janeiro.
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