Japanese refiners to stop Russian crude purchases over Ukraine invasion
Japanese refiners Eneos Holdings and Idemitsu Kosan will not sign new contracts to import Russian crude oil.
Aninda Chakraborty
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Equinor to drill 25 exploration wells offshore Norway next year
The Norwegian firm will primarily focus on drilling wells near its existing fields and platforms.
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Lime Petroleum secures approval for Brage field acquisition
Lime Petroleum will become a full-cycle exploration and production company following the completion of the deal.
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Savannah Energy signs deals to acquire key African assets for $626m
The deals in Chad and Cameroon will further increase Savannah Energy’s footprint in Africa.
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Aker BP awards new contracts to extend life of Valhall field
The contracts were won by alliance partners Aker Solutions, ABB, and Subsea7.
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EnCap combines two Permian basin-focused oil companies
Advance Energy Partners and Ameredev II were merged to form a combined oil producer, valuing more than $4bn.
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South Korea’s POSCO to acquire Senex Energy in $610m deal
The deal is expected to close in late March 2022, subject to closing conditions.
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QatarEnergy and ExxonMobil sign EPSC for offshore block in Cyprus
This will be QatarEnergy’s second exploration block in Cyprus after block ten.
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Phillips 66 unveils $1.9bn capital programme for 2022
The programme includes $992m for sustaining capital and $916m for growth capital.
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