Aberdeen-based full-cycle energy business New European Offshore (NEO Energy) has reached an agreement with Repsol Resources UK, a subsidiary of Spanish energy giant Repsol, to combine their North Sea businesses.
The post NEO Energy and Repsol merging N…
A liquefied natural gas (LNG) cargo has been indexed to the LNG futures of Abaxx Commodity Exchange and Clearinghouse, owned by Abaxx Singapore, whose majority shareholder is financial software and market infrastructure company Abaxx Technologies, in w…
LNG cargo export indexed to Singaporean firm’s futures for the ‘first time’ Read More »
U.S. offshore engineering and construction player McDermott has secured an enterprise framework agreement (EFA) with the UK-headquartered energy giant Shell for engineering and procurement services and integrated project management team services (IPMT)…
Shell picks McDermott to provide ‘full suite of offerings’ for its portfolio Read More »
OMV Norge, a Norwegian subsidiary of Austria-headquartered oil and gas player OMV, has failed to find hydrocarbons at its wildcat in the northern part of the North Sea, resulting in the well’s plug and abandonment.
The post No luck for OMV as its North…
No luck for OMV as its North Sea wildcat comes up dry Read More »
Norwegian FPSO operator BW Offshore has finalized the sale of its floating production, storage, and offloading (FPSO) unit to a subsidiary of Houston-based oil and gas player Murphy Oil Corporation.
The post BW Offshore wraps up $125 million FPSO sale …
BW Offshore wraps up $125 million FPSO sale to US firm Read More »