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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:

30th September 2021

Following completion of the sale, bp will remain operator of the SWAP production sharing agreement (PSA) during the exploration period, holding a 25% interest. On completion, participating interests in the...
18th August 2021

On completion of the Transaction, BHP’s oil and gas business would merge with Woodside, and Woodside would issue new shares to be distributed to BHP shareholders. The expanded Woodside would be owned...
27th May 2021

The well intervention scope has an estimated duration of 29 days. The firm value of the contract extension is approximately USD 9.9m, including integrated services but excluding potential performance...
21st May 2021

Baker Hughes has signed a memorandum of understanding with Egypt’s Petrojet, after meeting Egyptian Minister of Petroleum and Mineral Resources Tarek El Molla.
11th March 2021

Aker Solutions has strengthened its sustainability targets and hired a new executive vice president to deliver its ambitions.
9th March 2021

Shell has signed an agreement to sell onshore Egyptian assets to Cheiron Petroleum and Cairn Energy for $646 million.