Equinor's (EQNR) Mariner project is likely to churn out more than 300 million barrels of oil during its production cycle of 30 years and create 700 long-term jobs in the process.
The Norwegian oil and natural gas field asset sale may generate a huge sum of roughly $4 billion for ExxonMobil (XOM).
Equinor's (EQNR) final cost of starting Trestakk subsea field production is estimated at NOK 5 billion.
The Zacks Analyst Blog Highlights: ExxonMobil, TC, Encana, Ensco and Equinor
ExxonMobil (XOM) provided an update on second-quarter 2019 earnings, while TC Energy (TRP) said that it would sell some assets of Columbia Midstream Group for $1.28 billion.
Equinor (EQNR) is likely to divest a 16% interest in Lundin for a total consideration of around $1.56 billion.
Petrobras' (PBR) CEO believes that the divestment of eight refineries could fetch the company as much as $15 billion.
A Norwegian business newspaper expects ExxonMobil's (XOM) offshore assets in Norway to be valued at $3-$4 billion.
ExxonMobil (XOM) expects the redevelopment deal with Angola to optimize recovery and increase output from mature fields.
Petrobras (PBR) revved up its five-year plan in March, and now intends to offload $26.9 billion through 2023, streamline portfolio and sharpen focus on other profitable segments.
The Zacks Analyst Blog Highlights: Equinor, Schlumberger, Royal Dutch Shell, Cheniere Energy and Exxon Mobil
Norway's Equinor (EQNR) acquired an additional 22.45% stake in GoM's Caesar Tonga oilfield, while energy services behemoth Schlumberger (SLB) sold several drilling assets for $400 million.
Equinor's (EQNR) net production from the Caesar Tonga oil field stands at 18,600 barrels of oil equivalent per day.
The Caesar Tonga field divestment deal is in line with Shell's (RDS.A) ongoing $10-billion divestment program.
For Petrobras (PBR), the TAG divestment deal is in sync with the company's aim to cut debt levels.
The divestment plans of Murphy Oil (MUR) are in sync with the company's intention to expand operations in oil-rich Eagle Ford Shale and the Gulf of Mexico.
Shell (RDS.A) declares that entire electricity supplied by First Utility will now come from renewable sources.
Shell spends $84.8 million on 87 high bids, the highest in each of the categories.
Apart from putting an end to the 'transfer-of-rights' dispute, the $10 billion payment from the Brazilian government would help Petrobras (PBR) trim its debt levels to a considerable extent.
Equinor's (EQNR) contract with AcuPetroleo will facilitate it to operate through class Suezmax and VLCC vessels.