Global oil filed services giants Halliburton and Baker Hughes have agreed, along with the US Department of Justice, to extend the current review period of Halliburton’s proposed US$35 billion acquisition of Baker Hughes.
Technip has been awarded a large subsea contract by Woodside to support the development of the Greater Enfield Project, located offshore Western Australia
ExxonMobil has made a US$2.2 billion bid for InterOil and its interest in a gas field in Papua New Guinea, overpowering an offer from Australia’s Oil Search
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction (EPC) contract from Woodside Energy.
Woodside Energy and Mitsui E&P Australia announced that the Greater Enfield Project offshore Australia has been approved for development.
This month saw oil finally pushing up past the US$50 per barrel mark. According to a team of US analysts, it is likely it won’t stop here.
Brent crude oil prices rose again today, pushed by a weakened U.S. dollar and a tightened supply caused by outages in Canada and Nigeria.