Instead of investing in Australia or the U.S., Sonangol wants to become an oil company of reference in the African continent, says the company's chairman added that this is a major change.
Saudi Aramco will acquire Royal Dutch Shell's 50% stake in their Saudi refining joint venture SASREF for $631 million, the two companies said on April 21.
Italian oil services group Saipem is looking for partners for its drilling business, while it has ruled out a trade sale, the company's CEO said on April 18.
Concho Resources agreed to form a JV with Frontier Midstream Solutions, which will build and provide crude oil gathering, transportation and storage services in the Northern Midland Basin.
The acquisition of Williams’ Jackalope stake is expected to double Crestwood’s position in the Powder River Basin and make it one of the basin’s largest gas processors.
The investment follows CleanCapital and BlackRock’s purchase of a 46.9-megawatt portfolio of U.S. solar power from a unit of ATN International Inc. last year.
McDermott International Inc. has signed a joint venture (JV) agreement with Zamil Offshore on April 2 to target the maintenance, modifications and operations (MMO) market in Saudi Arabia.
Today’s nonop E&P teams go the extra mile to ensure the latest data for investing in oil and gas wells and future inventory.