Global merger and acquisitions (M&A) and raising activity in the oil and gas upstream sector totalled US$63.4bn in Q3 2019
Industry
Aberdeen oil services firm Coretrax acquires Churchill
Aberdeen headquartered Coretrax has acquired offshore down-hole tool solutions provider Churchill Drilling Tools as part of an ongoing growth and expansion strategy
Bureau Veritas wins three year asset integrity contract with Shell Tunisia
Shell Tunisia Upstream Ltd has awarded Bureau Veritas Solutions – Marine & Offshore, the consultancy and outsourcing brand of Bureau Veritas, a three-year enterprise frame agreement to provide asset integrity management support services
Only half of oil and gas sector organisations have traveller health and safety programmes
CWT, the B2B4E travel management platform, and its Energy, Resources and Marine (ERM) division, has found through independent research that only 52 per cent of C-suite and senior executives said that their organisations have traveller health and safety programmes in places
Supermajors’ global selling spree could fetch US$27bn
Global oil and gas industry supermajors are looking to sell assets that could fetch a total US$27.5bn, according to independent energy research and consulting firm Rystad Energy’s latest assessment
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