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Wednesday, December 4, 2024

November 14, 2024

Dig, baby, dig? New mining legislation introduced

November 14, 2024

(Oil & Gas 360)—Bipartisan legislation introduced by Senators John Hickenlooper (D) of Colorado and Thom Tillis (R) of North Carolina has recently brought some welcome news to America’s beleaguered domestic mining industry. The National Critical Minerals Council Act aims to foster partnerships with allied nations and private companies on critical mineral projects to reduce U.S. reliance on foreign rivals. As

Ovintiv strengthens portfolio with core oil-rich Montney asset acquisition- oil and gas 360

Ovintiv strengthens portfolio with core oil-rich Montney asset acquisition

November 14, 2024

(Oil & Gas 360) – Transaction to Significantly Expand Existing Montney Premium Oil Inventory, Company to Exit Uinta Basin with Asset Sale Highlights: Agreement reached to acquire approximately 109,000 net acres and approximately 70 thousand barrels of oil equivalent per day (“MBOE/d”) in the core of the Alberta Montney for $2.377 billion (C$3.325 billion) Acquisition will add approximately 900 total

Saipem wins contract for $10-billion Suriname oil project- oil and gas 360

Saipem wins contract for $10-billion Suriname oil project

November 14, 2024

(Oil Price) – Saipem has won a $1.9-billion contract from TotalEnergies for engineering, procurement, construction, and installation (EPCI) at the $10.5-billion GranMorgu oil project offshore Suriname, the Italian engineering group said on Thursday. Saipem will work on the engineering, procurement, supply, construction, installation, pre-commissioning, and assistance for the commissioning and start-up of the Subsea Umbilicals, Risers and Flowlines (SURF) package at the project,

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