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StatoilHydro buys Anadarko projects for $1.8bnNorwegian oil group StatoilHydro said on Tuesday it has agreed to buy stakes in two projects from US Anadarko Petroleum Corp for $1.8 billion plus a conditional oil-price related payout of up to $300 million. The deal will give StatoilHydr More… |
Goldman leads in advisory businessGoldman Sachs Group has won almost a third of the GCC advisory business so far in 2007, which promises to be a record year for mergers and acquisitions in the region, data provider Dealogic said. The world's largest investment bank by prof More… |
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Huge oilfield discoveredUK firm Tullow Oil has announced the discovery of 600 million barrels of light oil offshore from Ghana. Reserves in the Mahogany exploration well were far greater than the 250 million barrels than the firm had earlier forecast, it said. More… |
