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Oil Search, Santos Close to Deal to Create Top 20 Global Oil Firm

2021-08-02 15:17:45| OGI

Oil Search said on Aug. 2 it intended to recommend an improved buyout offer from Santos Ltd., worth AU$8.4 billion (US$6.2 billion), in a deal that would create a top-20 global oil and gas company.

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Polands PGNiG Terminates LNG Deal over Delayed Texas Project

2021-07-30 19:15:00| OGI

PGNiG, Polands biggest gas company, signed a 20-year agreement for LNG supples with Sempra in 2018, as part of its bigger plan to cut reliance on gas imports from Russia.

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Spartan Delta Set to Become Largest Montney Producer after Latest Deal

2021-07-30 15:51:30| OGI

The deal marks a major milestone in Spartan's Montney consolidation strategy and brings the company closer to achieving its previously stated objective of production growth to 100,000 boe/d, says Spartan CEO Fotis Kalantzis.

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Cancom sells UK&I unit to Telefonica Tech in 400m deal

2021-07-30 02:00:00| Total Telecom industry news

Telefonica Tech has announced an agreement with Munich-based Cancom Group to acquire 100% of Cancom UK&I for €398 million.  Cancom UK&I’s history is a relatively recent development. In 2018, Cancom Group purchased a pair of UK businesses, Ocean Intelligent Communication and OCSL…read more on TotalTele.com »

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Tellurian Signs Deal to Sell LNG from Louisiana Project to Shell

2021-07-29 22:45:00| OGI

The Shell agreements mark the third deal Tellurian has finalized in 10 weeks, totaling 9 mtpa, which Tellurian said is nearly all the capacity of the proposed 27.5-mtpa Driftwood LNG export facilitys first two plants.

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