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Devon Energy Announces C$3.125 Billion Sale of Canadian Conventional Assets
Devon Energy Corporation (NYSE:DVN) today announced that it has entered into a definitive agreement to sell the majority of its Canadian conventional assets to Canadian Natural Resources Limited for C$3.125 billion, or US$2.8 billion using the current exchange rate. The sale excludes the company’s Horn River, Lloydminster and thermal heavy oil assets located in Canada. At December 31, 2013, proved reserves associated with the divestiture totaled approximately 170 million barrels equivalent. The transaction is subject to customary terms and conditions and is expected to close early in the second quarter of 2014.

date.png20 Feb 2014 11:53 | comments.png 0 Comments | tags.png canada cnr devon n-america top upstream [ More ]

Wood Group PSN achieves significant UK contract extension
Wood Group PSN (WGPSN) has achieved a significant three year, North Sea contract extension from CNR International U.K. Ltd (CNRI).

date.png27 Mar 2013 11:52 | comments.png 0 Comments | tags.png cnr europe north-sea services uk wood-group [ More ]

FMC Technologies Receives Subsea Equipment Order for CNR International's Baobab Field Phase 3
FMC Technologies, Inc. (NYSE: FTI) announced today that it has received an order from CNR International Ltd. (NYSE: CNQ) for subsea equipment for the Baobab field.

date.png11 Jan 2013 07:53 | comments.png 0 Comments | tags.png africa cnr fmc ivory-coast services [ More ]

Wood Group Integrity Management Awarded Pipeline Integrity Management Contract by CNR
Wood Group Integrity Management (WGIM), part of Wood Group Kenny, has been awarded a significant contract by CNR International (UK) Limited (CNRI) to provide Pipeline Integrity Management and Support Services for CNRI's UKCS assets which include Ninian, Lyell, Tiffany, Toni, Thelma and Murchison. The contract will initially run for three years with options for the term to extend.

date.png20 Oct 2012 11:12 | comments.png 0 Comments | tags.png cnr europe services uk wood-group [ More ]

Technip awarded a contract for the Horizon Oil Sands facility in Canada
Technip has been awarded by Canadian Natural Resources Limited an engineering, procurement and construction support services contract, worth approximately €100 million, for the Horizon project in Fort Mc Murray, Canada.

date.png02 May 2011 05:31 | comments.png 0 Comments | tags.png canada cnr tar-sands technip [ More ]
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