Posts By: oilandgasnews365

DTE Midstream to acquire midstream assets in Haynesville Shale for $2.6bn

DTE Midstream has agreed to acquire an existing gathering system and a 150-mile gathering pipeline being constructed in the Haynesville shale formation of Louisiana in a deal valued up to $2.65 billion. As per the agreement terms, the non-utility business of DTE Energy will buy 100% of the assets from Momentum Midstream and Indigo Natural […]

Ghasha ultra sour gas project : Lukoil acquires 5% stake from ADNOC

Russian energy company Lukoil has acquired a 5% stake in the Ghasha ultra sour gas project in the Arabian Gulf, offshore Abu Dhabi, from the Abu Dhabi National Oil Company (ADNOC). The Ghasha ultra sour gas project will involve the development of previously undeveloped deposits of gas, oil and gas condensate across nine shallow fields, […]

IGB gas pipeline secures €110m loan from European Investment Bank

The European Investment Bank (EIB), through a loan of €110 million, has agreed to support the construction of the IGB Project- Gas Interconnector Greece-Bulgaria (IGB gas pipeline), a 182km long bidirectional pipeline that will link the natural gas systems of Bulgaria and Greece. ICGB AD is the promoter and beneficiary of the IGB gas interconnector. […]

COOEC-Fluor wraps up pipe spool fabrication for Al-Zour refinery project

Fluor said that its joint venture COOEC-Fluor Heavy Industries’ fabrication yard in Zhuhai, China, has completed the pipe spool fabrication portion under a contract related to the Al-Zour refinery project in Kuwait awarded by the Kuwait Integrated Petroleum Industries Company (KIPIC). COOEC-Fluor is said to have delivered over 95,000 pipe spools by engineering 337,000 linear […]

Gazprom Neft begins full-scale development of Achimovsky deposits

Messoyakhaneftegaz, a joint venture between Gazprom Neft and Rosneft, has commissioned a horizontal well at the Vostochno-Messoyakhskoye field in the Achimov deposits located in Siberia, Russia. The commissioning of the horizontal well marks the start of the full-scale development of the Achimovsky deposits located in the Gydan Peninsula, Tazovsky district, Yamalo-Nenets Autonomous Okrug. According to […]

Novatek, Gazprom Neft begin production from East-Urengoyskoye+North-Esetinskoye field

Arcticgas, a joint venture formed by Novatek and Gazprom Neft, has started commercial production at the East-Urengoyskoye+North-Esetinskoye field in Russia’s Yamal-Nenets Autonomous Region. Located within the Samburgskiy license area, in the Purovsky district, the East-Urengoyskoye+North-Esetinskoye field is estimated to produce more than a billion cubic meters of natural gas and also 0.2 million tons of […]

Sparrows bags crane services contract for Idd El-Shargi North Dome field

Sparrows Group has bagged a contract from Qatar Petroleum to deliver crane maintenance services on the PS-1 platform at the Idd El-Shargi North Dome field offshore Qatar. The contract was won through a competitive tender process after the transfer of ownership of the asset. Sparrows Group said under the contract, it will be responsible for […]

Maersk Supply Service wins mooring lines contract for FPSO Fluminense

Maersk Supply Service has won a contract to deliver an integrated mooring lines life extension solution for Royal Dutch Shell’s FPSO Fluminense, which includes project management, engineering, interface management and also offshore execution in Brazilian waters, off the coast of Rio de Janeiro. The offshore phase of the work is likely to begin in December, […]

Weatherford bags rig and well services contracts for Iraqi oil field

Weatherford International has bagged two fully integrated rig contracts and one well services (through-tubing intervention) contract with an undisclosed multinational operator in an Iraqi oil field, which is considered to be among the largest proven oil fields in the world. The financial aspects of the contract were not disclosed by the US-based oilfield services company. […]

Weatherford bags rig and well services contracts for Iraqi oil field

Weatherford International has bagged two fully integrated rig contracts and one well services (through-tubing intervention) contract with an undisclosed multinational operator in an Iraqi oil field, which is considered to be among the largest proven oil fields in the world. The financial aspects of the contract were not disclosed by the US-based oilfield services company. […]

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