News / International
Total Selling Midstream Assets in the North Sea
French oil and gas major Total is selling its midstream assets in the North Sea, reported Offshore Post.
India’s ONGC Pursuing Gas and LNG Deal Worth $24b in Mozambique
India’s state-run exploration company ONGC is investing in a massive offshore Mozambique gas field with estimated reserves of more than 75 tcf, reported the India Economic Times.
Schlumberger Buys Cameron, Becomes Industry’s First Integrated Drilling and Production Company
Schlumberger has announced that it will buy oil services rival Cameron International for nearly $13b in cash and stocks, reported The Wall Street Journal.
Iran Launches Geothermal Project Amid Power-Draining Heat Wave
Trade Arabia reported that Iran is building the Middle East's first geothermal power plant.
Shell’s Global LNG Plans Hit Pipeline Snag in Nigeria
Royal Dutch Shell announced on Friday that gas supplies to Nigeria's LNG export terminal on Bonny Island had suffered a reduction thanks to the shutdown of a major oil pipeline in the country
Aramco Brownfield, Fixed-Price Contract Awarded To McDermott
McDermott International has won a lump sum contract from Saudi Aramco for offshore brownfield work
Dubai Solar Palm Trees Provide Gridless, Free Telecoms Power
Dubai-based D Idea announced that their photovoltaic Smart Palms can generate around 7.2 kilowatt hours per day
Saudi Arabia Contemplating Wide-Ranging Cuts Under Price Pressure
Bloomberg has cited anonymous but well placed sources that Saudi Arabia is working with advisers on a review of the country’s capital spending plans to save money.
