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Commodities
World Oil

Lundin Energy explores potential $10 billion sale

By Aaron Kirchfeld, Dinesh Nair and Lars Erik Taraldsen on 11/29/2021 (Bloomberg) –Nordic oil producer Lundin Energy AB is exploring a potential sale that could rank as one of the largest European oil and gas deals in years, people with knowledge of the matter said.

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Commodities
Andreas Exarheas

North America Rig Count Rises

North America’s rig count rose by 10 week on week, according to Baker Hughes’ latest rotary rig count, which was published on November 24. Six of the weekly additions came from the U.S. in the form of land rigs and the other four came from

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Commodities
Bojan Lepic

McDermott LNG Net-Zero Study For Shell Complete

U.S. offshore engineering and construction services company McDermott has completed a liquefied natural gas (LNG) construction study for Shell identifying tangible reduction pathways toward net-zero construction emissions. McDermott said that the results of this study provided a strategic framework for reducing greenhouse gas (GHG) emissions

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Commodities
Andreas Exarheas

CMA Refers CHC Deal for In-Depth Investigation

The UK Competition and Markets Authority (CMA) has referred the completed acquisition by CHC Group LLC of Offshore Helicopter Services UK Limited, Offshore Services Australasia Pty Ltd and Offshore Helicopter Services Denmark A/S for an in-depth investigation. The CMA outlined that the referral was made

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