Shell's UK county chair Sinead Lynch, will be delivering a keynote address in the opening plenary session of All-Energy and the co-located Smart Urban Mobility Solutions (SUMS) on 2 May 2018 at Glasgow’s SEC.
Abu Dhabi National Oil Company for Distribution PJSC (ADNOC Distribution) successfully listed its shares on the Abu Dhabi Securities Exchange (ADX) today following a bell ringing ceremony led by His Excellency Dr Sultan Ahmed Al Jaber, UAE Minister of State and ADNOC chief executive and His Excellency Hamad Al Shamsi, chairman of the ADX.
The newly formed Wood has shrunk its debt pile to £1.8billion in the wake of the Amec Foster Wheeler takeover, its pre-closing statement revealed today.
The European Central Bank policy could have ended its year with a non-event on Thursday, merely filling in the gaps left after October's decision to curb quantitative easing from January. Instead, policy makers are poised to unveil new growth and inflation estimates that will prove fundamental in dictating how next year unfolds.
Premier Oil this morning confirmed it had sold off its entire equity interest in the Esmond Transportation System (ETS) pipeline to CATS Management Limited.
Hurricane Energy this morning reported a 231% increase in its total 2P Reserves + 2C Contingent Resources, which now sits at 2.6 billion barrels of oil equivalent.
By Douglas Martin, head of corporate finance, Anderson Anderson & Brown
The green shoots of recovery that were widely spoken about within M&A (Merger & Acquisition) circles at the beginning of the year appear to have continued to gather momentum as the recent market stability in the energy sector encourages a more positive environment in which to undertake M&A activity.
Today marks the first day of trading for Spirit Energy, and there is a lot of excitement in our offices across Europe as we take the first step towards building a strong, sustainable exploration & production business ready for the future.
By Douglas Martin of Anderson Anderson & Brown AAB
Looking ahead to 2018, while large corporates and private equity houses seek growth opportunities and remain acquisitive, it will come as little surprise that during the challenging market conditions over the past couple of years that potential target companies have sought to adapt to the market changes as oppose to engaging in M&A processes to actively market their businesses for sale.
When Saudi Arabia's oil minister attended Friday's grand opening of a giant liquefied natural gas plant in northern Siberia, he'd have known this was just part of a bigger energy story developing in Russia's icy north. It's not just gas that's a big deal there. Russia's Arctic oil flows are soaring too.
Westwood Global Energy reports that there was just one new well spud in the UK in November. The well is drilling in the Northern North Sea and brings the total number of new E&A well spuds to 20 in 2017. Four wells were active at the end of November, all close to, or operating at, total depth.
Aker Solutions won a contract from Sembcorp Marine to design the living quarters for the Johan Castberg development's floating production, storage and offloading vessel (FPSO).
Statoil has signed a contract with SBM Offshore for delivery of the turret mooring system on the floating production ship (FPSO) for the Johan Castberg field.