Adnoc invests $187m to boost output at Al Nouf oilfield offshore-technology.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from offshore-technology.com Daily Mail and Mail on Sunday newspapers.
ADNOC awards $510m contract to expand Shah Sour Gas plant capacity gulfbusiness.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from gulfbusiness.com Daily Mail and Mail on Sunday newspapers.
Here are some of Rigzone s top upstream stories during the last week, just in case you missed them.
Here are some of Rigzone’s top upstream stories during the last week, just in case you missed them…
$17B Shale Player to Emerge Later This Year
Bloomberg announced that Cabot Oil & Gas Corp. and Cimarex Energy Co. had agreed to merge. The deal will create a new Houston-based shale driller with a value of about $17 billion, Bloomberg highlighted.
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$7B+ Shale Driller Merger Baffles Analysts
The merger of Cabot Oil & Gas Corp. and Cimarex Energy Co. confounded investors and analysts, leaving them to question the logic behind the tie-up, Bloomberg noted.