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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:

6th August 2020

Following the regulatory approvals and the agreement of partners, Total closed the sale of UK North Sea non-core assets to NEO Energy.“As announced on May 20, we have worked closely with HitecVision...
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...
6th May 2020

Equinor ASA has divested its financial shareholding in Lundin Energy AB, comprising around 14 million shares and corresponding to its 4.88% percent of the shares and votes, at a total sale price of approximately SEK 3.3 billion.
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.