UK | Egypt Oil & Gas - Part 4
Petrofac to Extend Integrated Services for NEO
Petrofac announced that it has been awarded a one-year extension to its Integrated Services contract with NEO Energy, a press release reported. Per the terms of the extended contract, Petrofac will introduce operation...
Neptune Energy Awards a $21.4 mm Contract to Borr Drilling
Neptune Energy awarded a $21.4 million contract to Borr Drilling to consolidate the development, exploration, and P&A activities in the Dutch and UK sectors of the North Sea, according to a statement. Borr Drillin...
UK Grants £33 mm to Eni’s HyNet North West Integrated Project
UK Research and Innovation (UKRI) has funded the HyNet North West Integrated project with £33 million through its Industrial Decarbonization Challenge (IDC) fund, which means covering 50% of the investments necessary ...
ADNOC L&S Acquires Assets of Speedy Hire PLC
ADNOC Logistics & Services Company announced the acquisition of all assets of Speedy Hire PLC (Speedy) in UAE in order to expand its handling service, a press release reported. According to the terms of the acqu...
Premier Satisfies Chrysaor Merger Conditions
Premier Oil Company announced that all conditions requested for merger with Chrysaor company have been fulfilled and all the requisite anti-trust approvals has been received, Premier announced in a statement. The comp...
EG Group Agrees to Acquire Majority Stake of Asda
Euro Garages Group (EG Group) announced that it had reached an agreement to acquire the majority ownership stake in Asda Group Limited (Asda) including its assets of fuel stations, car washes, and ancillary land (Busi...
Maersk Drilling Wins UK Contract Worth $11.3 MM
Maersk Drilling company announced that it has won a contract from Spirit Energy for the harsh-environment jack-up rig Maersk Resolve to drill a development well at the Grove North East in the UK North Sea worth $11.3 ...
Premier Oil’s Shareholders Approve Merger with Chrysaor
Premier Oil company announced that its shareholders has approved the merging transaction with Chrysaor and the reorganization of Premier’s existing debts and cross currency swaps during the company’s general meeting, ...
