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Norways Aker BP Buys UK Oil Stake in First Foreign Move

2021-03-24 21:20:00| OGI

Jointly controlled by Norwegian billionaire Kjell Inge Roekke and Britains BP Plc, Aker BP was set up in 2016 to focus on oil and gas exploration and production from Norways continental shelf.

Tags: move foreign oil buys

 

Risky Oil Companies Snap Up $20 Billion in Junk Bond Record

2021-03-24 18:00:00| OGI

Recovery from the COVID-19 pandemic fires up oil prices and pulls oil and gas producers in the U.S. back from the brink.

Tags: record companies oil bond

 
 

On the Market Oil and Gas Quicklist (Week of March 24, 2021)

2021-03-24 17:00:00| OGI

Heres a quicklist of oil and gas assets on the market including a 100-well package in the Permian Basin by EOG Resources plus the sale of certain Ryca Energy-operated Louisiana properties.

Tags: week march market gas

 

Equinor, Partners Make Significant Oil Discovery in North Sea

2021-03-24 15:36:27| OGI

Equinor said the oil discovery is the biggest one so far this year on the Norwegian Continental Shelf.

Tags: make north significant sea

 

Iraq Approves Deal to Award Schlumberger $480 Million Deal to Drill Oil Wells

2021-03-24 15:05:40| OGI

The Iraqi cabinet on March 23 approved a deal to award U.S. company Schlumberger Ltd. a $480 million deal to drill 96 oil wells in the south, according to a statement.

Tags: million deal oil award

 

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