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$565 million initial cash consideration represents ~9x 2017E EBITDA multiple Attractive fee-based natural gas gathering and processing and crude gathering assets in the Permian…
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DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 38.89 million from the Kurdistan Regional Government as payment towards October 2016 crude oil deliveries to…
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The fleet utilisation rate in the fourth quarter of 2016 and for the year 2016 was 43 per cent. Safe Boreas continued the contract with Repsol Sinopec (formerly Talisman Sinopec) in…
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Synthetic Genomics, Inc. and ExxonMobil announced that they have extended their agreement to conduct joint research into advanced algae biofuels after making significant progress in…
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Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway and the UK, is pleased to announce that it has…
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Axens confirmed the signature of an AlphaButol® technology licensing agreement with SOCAR for the production of high purity 1-Butene through ethylene dimerization. The AlphaButol…
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Sembcorp Industries (Sembcorp) is pleased to announce the signing of a build-operate-transfer (BOT) agreement with the Ministry of Electricity and Energy of Myanmar (MOEE), for its…
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Collaboration agreement widens scope of use for active magnetic bearings for turbomachinery within the oil and gas sector SKF and GE Oil & Gas have signed a non-exclusive,…
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UK Export Finance (UKEF), the UK’s export credit agency, has announced that it will provide $400 million in support for a GE Oil & Gas contract with the Offshore Cape Three Points…
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Preliminary production figures for December 2016 show an average daily production of 2 094 000 barrels of oil, NGL and condensate, which is a decrease of 60 000 barrels per day (approx.…
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