Companies & Finance

Mergers & Acquisitions

McDermott International rejects Subsea 7’s takeover bid

McDermott International has rebuffed an unsolicited attempt by UK-listed Subsea 7 to acquire its listed capital.

24 April 2018
Companies

Cheniere to take Corpus Christi FID in H1 2018

Cheniere plans to take FID on the third train at its Corpus Christi LNG plant in the United States in the first half of this year

24 April 2018
Companies

JGC and Fluor win EPC contract to build LNG Canada

Japan’s JGC and United States-based Fluor have won an EPC contract to build the LNG Canada project in British Columbia

24 April 2018
Mergers & Acquisitions

Libya considers intervention in Total bid for Waha concessions

Libya is considering whether to intervene in Total’s deal to buy Marathon Oil’s stake in the country’s Waha concessions.

24 April 2018
Mergers & Acquisitions

Total and Quadrant unlikely to bid for Santos, analysts say

Analysts have dismissed reports that Total and Quadrant Energy will place a rival bid for Australia’s Santos to compete with Harbour Energy.

23 April 2018
Results

CNOOC’s sales revenues rise by 10.8% in Q1 2018

CNOOC) saw its sales revenues rise by 10.8% year on year in Q1 2018

23 April 2018
People

Pertamina CEO replaced in management shake-up

Indonesia’s Ministry of State-owned Enterprises has removed Pertamina's chief executive in a management shake-up after a series of problems at the state-owned company

23 April 2018
Mergers & Acquisitions

Pertamina signs agreements to take over eight blocks in Indonesia

Indonesian NOC Pertamina has signed deals to take over the rights to eight expiring oil and gas blocks.

23 April 2018
Companies

PetroChina’s eastern sales branch sold 40 bcm of gas in 2017

PetroChina’s gas sales branch for eastern China sold 40 billion cubic metres of gas in 2017

23 April 2018
Project Finance

Shell CEO holds meeting with Pakistani PM on investment

Shell's chief executive has held a meeting with Pakistan's prime minister to discuss the company’s further investment in oil and gas projects in the country.

23 April 2018
Results

Schlumberger sees drop in pre-tax income in Q1

Oilfield services company Schlumberger has announced a 16% decline in its pre-tax operating income in Q1 2018.

23 April 2018
Project Finance

Egypt aims to increase petroleum sector investment

Cairo is looking to draw $10 billion worth of foreign investments to Egypt’s oil and gas sector in the 2018-2019 fiscal year.

23 April 2018
The gas regulator station in Beni Suef, Egypt Companies

Gas liberalisation prompts Cairo to look at UGS

As Egypt liberalises its gas sector, grid operator GASCO is seeing a growing need for storage facilities.

23 April 2018
An LNG bunkering station in Chongqing Project Finance

Hubei Energy charts course for river LNG bunkering

Hubei province’s energy company is investing in LNG infrastructure on the Yangtze River in the expectation that inland LNG bunkering will grow.

23 April 2018
Companies

SDX Energy discovers more gas in Morocco

SDX Energy has discovered gas at its LNB-1 exploration well in the Lalla Mimouna permit in Morocco.

20 April 2018
Mergers & Acquisitions

Three binding proposals made for Petrobras’s TAG pipeline company

Brazilian state-run giant Petrobras has received three binding proposals for its TAG gas pipeline company.

20 April 2018
Project Finance

Porto de Sergipe LNG-to-power project reaches financial close in Brazil

Golar Power has reached financial close on the 1.5 GW Porto de Sergipe LNG-to-power project in northeast Brazil.

20 April 2018
Results

Qinghai Oilfield LNG sales up 230% in Q1 2018

PetroChina’s Qinghai Oilfield unit sold 3.3 million cubic metres of LNG in Q1 2018, up by 230% year on year.

20 April 2018
Companies

Philippines still part of Shell’s global push for clean energy – exec

Shell remains keen on LNG and renewable energy projects in the Philippines as part of its global push to provide cleaner energy.

20 April 2018
Companies

Golar LNG to provide FLNG vessel on Tortue/Ahmeyim project

Golar LNG will provide an FLNG vessel for BP’s Phase 1A project at the Tortue/Ahmeyim field, offshore Mauritania and Senegal

20 April 2018

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