Industry

Total acquires Maersk Oil for US$7.45bn in a share and debt transaction

7099698139 614e56c31c zTotal has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100 per cent of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a  share and debt transaction  

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Oil drives Saudi’s fiscal deficit lower in H1 2017

riyadh 2197496 1920Last week, Saudi Arabia’s (A1 stable) Ministry of Finance released its second-quarter budget performance report

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KBR awarded PMC contract for Dalma and H&G islands projects for ADNOC

Abu Dhabi Skyline from MarinaKBR, Inc. announced that it has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering and Design Services (FEED) phase of the Dalma Gas Field Development and the Detailed Design and Surveys phase of the Hail & Ghasha Islands project in Abu Dhabi , United Arab Emirates 

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KBR to help in expanding Saudi Arabia’s localisation efforts

ORMEKBR, the US-based engineering, procurement and construction company, has signed a MoU with Saudi Aramco to expand KBR's services for Saudi Aramco and to support the Kingdom’s vision for boosting locally produced energy-related goods and services

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Topaz Energy and Marine awarded US$100mn contract by Dragon Oil

Jack up rig in the caspian seaTopaz Energy and Marine have announced a new US$100mn contract with Dragon Oil, the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC), in the eastern section of the Caspian Sea, offshore Turkmenistan

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