ConocoPhillips extends Ensco UK North Sea jack up contract

ConocoPhillips extended its contract for the Ensco 92 jack up in the UK North Sea for 4 years, providing work for the rig until December 2022, Ensco PLC said in an Apr. 24 fleet status report. Source: News

MARKET WATCH: NYMEX oil price gains but still settles under $50/bbl

The light, sweet crude oil price for June delivery gained somewhat on the New York market Apr. 25 but still settled below $50/bbl for a third consecutive trading session. US oil prices declined in early Apr. 26 trading pending release of a weekly oil and product inventory report. Source: News

NextDecade lets contract, snags investor for Rio Grande LNG project

Privately held NextDecade LLC, The Woodlands, Tex., has let a contract to General Electric International Inc.’s oil and gas division to serve as exclusive equipment supplier for liquefaction trains and associated pipelines to be built as part of subsidiary Rio Grande LNG LLC’s proposed 27 million-tonne/year LNG export terminal in Brownsville, Tex. Source: News

China’s Himalaya Energy to buy Chevron Bangladesh companies

Chevron Global Ventures Ltd., a wholly owned subsidiary of Chevron Corp., has reported its intention to sell the shares of its wholly owned indirect subsidiaries operating in Bangladesh to China’s Himalaya Energy Co. Ltd. Source: News