All articles by Aninda Chakraborty
Aninda Chakraborty
Seadrill secures contract extensions worth $361m for three jack-up rigs
AOD I, AOD III, and West Callisto will now be committed until June 2025, December 2025, and November 2025, respectively.
Berkshire Hathaway increases stake in Occidental Petroleum
With the latest purchases, Berkshire Hathaway now holds approximately 152.7 million Occidental shares.
Cheniere Energy makes FID on Corpus Christi expansion project in Texas
CCL Stage 3 will comprise up to seven midscale trains and will produce more than ten million tonnes of LNG per annum.
Equinor signs deal to buy LNG from Cheniere Energy
Equinor will buy 1.75Mtpa of LNG from Cheniere Marketing on a free-on-board basis for 15 years.
ABB and Wison Offshore & Marine to develop floating LNG facilities
The companies will look to enhance the efficiency of LNG at sea by optimising and standardising the design of the FLNG unit.
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BP partners with ADNOC and Masdar for hydrogen projects in the UK
The three companies will also work to explore the use of hydrogen and municipal waste to produce sustainable aviation fuels.
Halliburton reports 24% increase in first quarter revenue
The company posted a total revenue of $4.3bn in the first quarter of 2022.
Southwest Gas to explore divestment following another takeover bid
A board committee composed of independent directors will oversee the strategic review process.
Lime Petroleum signs deal to acquire stakes in North Sea licences
The two licences- PL820 S and PL 820 SB, are currently operated by MOL Norge.
US resumes plans for oil and gas development on federal lands
The final notices will include 173 parcels on around 144,000 acres.