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 …
End-User Industries
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 …
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. …
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 …
ABB and Aker Solutions will make subsea compression together
ABB and Aker Solutions announced today an agreement to build on their combined strengths in subsea, power and automation technologies to develop solutions that …
Two new contracts for Wood Group in the North Sea
Wood Group has recently announced, in two separate statements, the sign of two distinct contracts in the North Sea. The first one, worth $150mln, is a five …
Technip awarded a contract with S-Oil
Technip was awarded a contract by Daelim Industrial Company, a project contractor, to provide proprietary equipment for the world’s first commercial High …