Posts By: oilandgasnews365

Ridgewood acquisition of SiEnergy : US infrastructure investor Ridgewood Infrastructure has acquired Texan natural gas utility SiEnergy and its affiliated entities for an undisclosed price, as per the latest downstream oil and gas news. SiEnergy is cla…

Thailand’s national oil company PTTEP has awarded Halliburton a digital transformation contract under which the latter will provide its Digital Well Program technology for automation of drilling, and also for completions and engineering processes…

Swiss offshore contractor Allseas Group has bagged a contract from ConocoPhillips Australia pertaining to a gas export pipeline that will connect the Barossa Offshore Project with the existing Bayu-Undan to Darwin Pipeline in Australia’s Northern Territory. As per the engineering, procurement, construction, and installation (EPCI) contract, Allseas Group, through its subsidiary Allseas Marine Contractors Australia, […]

ADNOC Drilling has delivered the first offshore integrated drilling services (IDS) well in the Umm Lulu oil field in Abu Dhabi, UAE for ADNOC Offshore, ahead of schedule and within budget. Both the companies are subsidiaries of the UAE-based state-owned oil and gas company – Abu Dhabi National Oil Company (ADNOC). Prior to the completion […]

The Alberta Machine Intelligence Institute (Amii) has signed a two-year agreement with Imperial to collaborate on the development of the latter’s in-house machine learning capabilities, which is expected to pave way for a variety of applied artificial intelligence (AI) projects. Through the AI projects, Imperial plans to work to develop more effective methods for recovery […]

The Philippines’ Department of Energy (DOE) has issued the Notice to Proceed (NTP) to Excelerate Energy to proceed with the Luzon LNG project, a proposed floating liquefied natural gas (LNG) import terminal in the country. To be located in the Bay of Batangas, the Luzon LNG project will provide natural gas from LNG to existing […]

Eni Gela biorefinery : Italian oil and gas company Eni has opened a new biorefinery in Gela, Italy, which has a processing capacity of up to 750,000 tonnes a year of biofuels. The Italian biorefinery produces biofuels from used vegetable oil, animal fat, algae and by-products. According to Eni, all the petrochemical facilities that were […]

Norwegian oil and gas company Vår Energi has signed a $4.5 billion deal to acquire the non-operated upstream assets of ExxonMobil in the North Sea and the Norwegian Sea. The acquisition will give Vår Energi access to 20 plus producing fields offshore Norway, which including Grane, Snorre, Fram, Ormen Lange, and Statfjord among others. Put […]

GE subsidiary Baker Hughes (BHGE) and Norwegian subsea contractor Ocean Installer have won a subsea contract from Vår Energi for the Balder X project in the North Sea. The Balder X project, which calls for an investment of NOK 15 billion ($1.65 billion), involves the re-development of the Balder and Ringhorne fields located on the […]