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Oil & Gas

Bahrain discovers new field with estimated 80 billion barrels of tight oil Bahrain has made what it claims to be the county’s biggest ever oil field discovery with an estimated reserves of at least 80 billion barrels off the country’s coast. Oil & Gas > Exploration & Development > News

Latest Oil & Gas News by Sector

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Drilling and Production

Subsea 7 offers to acquire US rival McDermott for $2bn
By EBR Staff Writer
Subsea 7 confirmed that it has recently made an unsolicited bid to acquire its rival US-based offshore oil services company McDermott International for around $2bn.
Oil & Gas > Drilling & Production > News
MedcoEnergi Announces its Audited 2017 Results
PT Medco Energi Internasional Tbk (“MedcoEnergi” or the “Company”) announced a net profit of US$127.1 million and a 31.5% year-on-year increase in oil and gas production volumes for the year ended 31 December 2017 (“2017”).
News

Exploration & Development

Saipem wins $190m offshore drilling and offshore E&C contracts
By EBR Staff Writer
Saipem has won new contracts worth around $190m from different companies for carrying out offshore drilling and offshore engineering and construction (E&C).
Oil & Gas > Exploration & Development > News
SDX Energy discovers natural gas at Lalla Mimouna permit in Morocco
By EBR Staff Writer
North Africa-focused oil and gas firm SDX Energy has discovered natural gas at its LNB-1 exploration well on the Lalla Mimouna permit in Morocco.
Oil & Gas > Exploration & Development > News

Refining & Petrochemicals

San Mateo Midstream commissions Black River Processing expansion project in New Mexico
San Mateo Midstream has announced the completion and start-up of the expansion of the Black River cryogenic natural gas processing plant in Eddy County, New Mexico.
Oil & Gas > Refining & Petrochemicals > News
BlueFin, Emerson partner to provide Roxar gauge technology to US refineries
BlueFin and Emerson have entered into a working partnership agreement to deliver the Roxar gauge technology to refineries in the US Gulf of Mexico (GoM) region.
Oil & Gas > Refining & Petrochemicals > News

Transportation & Storage

Costain wins contract from InfraStrata for Islandmagee gas storage project
By EBR Staff Writer
InfraStrata has awarded a contract to British construction firm Costain to execute the surface element of the Front End Engineering Design (FEED) for the Islandmagee gas storage project in County Antrim, Northern Ireland.
Oil & Gas > Transportation & Storage > News
European consortium wins tender to acquire 66% stake in DESFA
By EBR Staff Writer
The European consortium consisting of Snam, Enagás and Fluxys has been awarded a tender for the acquisition of 66% stake in DESFA, a natural gas transmission system operator in Greece, for €535m.
Oil & Gas > Transportation & Storage > News