Cairn Oil & Gas, part of Vedanta Group and India’s largest private oil and gas exploration and production company, has entered into a strategic alliance with TechnipFMC to accelerate the delivery of integrated subsea infrastructure for future deepwater projects in India.
Africa’s national oil companies (NOC) are moving beyond operating as state-representatives by transforming themselves into competitive upstream players.
As oil majors return to offshore exploration, West Africa’s deepwater has become a key drilling target for some of the biggest international companies.
In the wake of ConocoPhillips’ announcement of a deal to acquire Marathon Oil Corp., the wave of US oil and gas M&A continues with a focus on building large positions in the Permian Basin.
ven after a record $200 billion dealmaking frenzy last year, US oil and gas producers haven’t consolidated nearly enough. On a-per-barrel basis, there are still too many companies, too many chief executives, and too many drilling rigs wooing a limited pool of available capital.