Algeria, Niger and Nigeria to build $13bn gas pipeline project
Algeria, Nigeria, and Niger have agreed to build a more than 4,000km-long Trans Saharan gas pipeline, Xinhua reported.
Source: offshore-technology.com
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Saudi Aramco to buy Valvoline's lubricants unit in $2.65bn deal
Saudi Aramco has agreed to acquire Valvoline’s lubricants unit, Valvoline Global Products (VGP), in a deal worth $2.65bn.
Source: offshore-technology.com
Shell calls off plans to shut out Prelude workers
Shell has stated they lack safety-critical assurances from the workers, a “red herring” according to the union
Source: offshore-technology.com
Iran's NIOC, Russia's Gazprom sign $40bn oil and gas deal
Gazprom and the National Iranian Oil Company (NIOC) have signed a $40bn agreement for the development of oil and gas fields.
Source: offshore-technology.com
Momentum agrees to buy $1.3bn pipeline assets from Midcoast Energy
Momentum Midstream has agreed to acquire Midcoast Energy’s pipeline assets in the US for $1.3bn, including debt, reported Reuters.
Source: offshore-technology.com