Tag: oil and gas

Three oil operators approved by Norway

Norway has approved Houston-based Anadarko, Danish Maersk Olie og Gas and Canadian Talisman Energy as oil and gas operators, the Norwegian Petroleum Directorate has said

Parker expands tube range

At Offshore Europe, Parker Instrumentation will expand its family of rapid-assembly, compression tube fittings for pressures up to 15,000PSI.

Franco-Russian joint venture

Lukoil and Technip will create a 50/50 joint venture company for oil & gas projects, refining and petrochemicals in Russia and other CIS countries.

Tunisia offshore

Eurogas Corporation has announced the award of the 908,425 acre Sfax permit located offshore in Tunisia's Gulf of Gabes.

BG to invest in Panna, Tapti

BG Group (UK) has proposed investment of over USD 800 million over the next two years in development of the Indian Panna-Mukta and Tapti oil and gas fields to improve production from the offshore fields.

Sakhalin 2 deal

Mitsui & Co., Mitsubishi Corp. and the Royal Dutch/Shell Group of the Netherlands have agreed to invest USD 10 billion over five years in a joint oil and gas development project in Russia, company officials have said.

CB&I acquisition

CB&I has acquired certain assets of Petrofac Inc., the US subsidiary of Petrofac Limited, an engineering, procurement and construction (EPC) company serving the hydrocarbon processing industry.

Venezuela and Brazil to sign pact

The respective presidents of Venezuela and Brazil, Hugo Chavez and Luiz Inacio Lula da Silva, will sign a number of energy sector agreements later this week.

Sakhalin-1 investment

Sakhalin-1 project shareholders, which include Exxon Mobil Corp., have budgeted USD 23.7 billion in expenses related to the offshore oil and natural gas venture to 2046.

Turkmenistan seeks investors

The Turkmen government intends to attract foreign companies to invest in its offshore oil and gas industries.