Total is taking the final steps for Yamal LNG Project funding
French oil and gas company Total is in the final stage of negotiating the equivalent of $4 billion of financing with Russian banks to fund the Yamal LNG …
Ivano Pullano Venturini
Halliburton completed a $3.5bln-worth merger with Baker Huges
Halliburton Company and Baker Hughes Incorporated (NYSE: BHI) today announced that the companies have terminated the merger agreement they entered into in …
Zenith Energy acquires the BP’s assets of Amsterdam Terminal
Zenith Energy today announced that it has signed an agreement to acquire a liquids storage terminal facility in Amsterdam from BP plc. Zenith expects to take …
ExxonMobil started gas production from Point Thomson Project
ExxonMobil said today it has started production at its Point Thomson project, the first company-operated project on Alaska’s North Slope. Central pad …
Siemens signed a 25-year contract in Qatar
Siemens has been awarded a 25-year long-term service agreement for the planned Umm Al Houl combined cycle power plant in Qatar. The customer is Umm Al Houl …
Gazprom and Shell are discussing the future of Nord Stream 2
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Shell, took place in St. …
Wood Group signed a contract with BP in Azerbaijan
Wood Group has won a new five year contract with BP-operated projects, valued at $500 million, to deliver services to eight facilities, offshore Azerbaijan. …
Technip signed a contract extension with Petrobras
Technip has signed a four years extension of its five-year initial contract signed in January 2011 with Petrobras S.A. for its Flexible Pipes Logistic Base …
GE and Iraqi Ministry of Oil signed a partnership agreement
GE Oil & Gas has signed a first-of-its-kind partnership agreement with the Iraqi Ministry of Oil that aims to strengthen the performance of the nation’s …
Statoil enters the offshore wind energy market with a €1.2bln-worth collaboration with E.ON
The estimated total investment for the project will be in excess of €1.2bln. The Arkona wind farm will provide renewable energy for up to 400,000 households …