Norwegian oil firm DNO made an unsolicited US$214 million all-cash offer to acquire Canada’s Calvalley Petroleum for US$2.25 per share
DNO makes US$214 million offer to buy Calvalley Petroleum
Petrochemicals
Shell and QP plan major gas complex development in Qatar
Shell and Qatar Petroleum (QP) have agreed to carry out the next project definition phase of front end engineering and design (FEED) for a major petrochemicals complex in Qatar’s Ras Laffan Industrial City (RLIC)
BP left out of Abu Dhabi oil field bid
BP has been excluded from the pre-qualification bidding process to develop Abu Dhabis largest onshore oil fields for which the concession is due to expire in 2014
PetroChina-led consortium begins production in Iraq oil field
French oil major Total has said that a consortium, led by PetroChina and Petronas, has started production at the Halfaya field in Iraq
Jacobs wins Saudi Kayan contract
Jacobs Engineering Group has won a design contract from Saudi Kayan Petrochemical Company (Saudi Kayan) to develop a process design package (PDP) and front-end engineering design (Feed) for its upcoming plant in Jubail Industrial City, Saudi Arabia
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