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Business Strategy News

13th March 2012

The global oil and gas news source covering deals, mergers and other oil and gas business news for the oil and gas industry.

Latest Business & Strategy News:

Martin Gilbert
1st June 2020

He will succeed Archie Kennedy who has been Vice Chair and Chair of the OGTC since it was established in February 2017.Established with £180 million funding from the Aberdeen City Region Deal, the...
20th May 2020

Reflecting recent significant market volatility, Total and Norway-based private equity investor HitecVision have successfully renegotiated the financial terms of the deal to respond to the current...
The Johan Sverdrup field in the North Sea.
6th May 2020

After the divestment, Equinor ASA will no longer hold any shares in Lundin Energy AB.“This transaction follows our divestment of a 16 percent shareholding in Lundin in July 2019 and concludes what has...
6th May 2020

Petrofac’s Engineering & Production Services business (EPS) has been awarded two three-year renewals in the UK, worth a combined total of more than US$100 million. Both awards come with options to extend beyond the initial term
5th May 2020

Royal Dutch Shell Plc, through its affiliate SWEPI LP has reached an agreement with National Fuel Gas Company (NFG), to sell its Appalachia shale gas position for US$541m (£434m) subject to closing adjustments.
3rd April 2020

Aker Solutions is implementing a number of measures to mitigate the effects of the slowdown in activity level triggered by the COVID-19 outbreak and the increased uncertainty following the decline in commodity prices and demand for oil and gas