19/10/2017 09:15am
TechnipFMC has agreed to buy Plexus Holding’s Wellhead exploration equipment and services business for jack up applications.
19/10/2017 08:30am
ExxonMobil has acquired a crude oil terminal in Wink, Texas from Genesis Energy to serve growing Permian Basin production in Delaware.
19/10/2017 08:20am
Rosneft said it has agreed with the Kurdistan Regional Government to invest up to US$400 million in five production blocks despite clashes between Iraqi government and Kurdi troops which has seen Iraq recapture Kirkuk oilfields.
18/10/2017 01:54pm
While gas markets are currently well supplied, the transformation of natural gas markets from regional systems to more globalised and interdependent markets is creating new security challenges, according to the International Energy Agency's latest assessment of global gas security.
18/10/2017 01:10pm
Petrofac said it has been awarded a US$30 million contract by PetroChina for project management consultancy services for the Halfaya Contract Area (Halfaya) in southern Iraq.
18/10/2017 08:40am
Iraq plans to almost double the oil production capacity of the northern Kirkuk fields, to more than one million barrels per day, Oil Minister Jabbar Al Luaibi said.
18/10/2017 08:08am
The Honghua Group awarded UK's Wood a US$12 million front-end engineering design (FEED) contract for its LNG platform development in the West Delta area of the Gulf of Mexico.
17/10/2017 01:58pm
Tendeka, a completions and production optimisation company said it was awarded two multi-million-pound Middle East contracts with Abu Dhabi Onshore Operations Company (ADCO) and Petroleum Development Oman (PDO) for supplying inflow control technologies.
17/10/2017 01:49pm
Leading companies from the largest oil producing region outside OPEC, the Commonwealth of Independent States (CIS), will be increasing their presence at this year’s Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), targeting the event as a hub for global deal-makers.
17/10/2017 09:43am
Iraqi troops have captured North Oil Company headquarters, northwest of Kirkuk, while also taking control of two oil-well clusters and a nearby refinery from Kurdish forces, reports say.
17/10/2017 09:43am
Iraqi troops have captured North Oil Company headquarters, northwest of Kirkuk, while also taking control of two oil-well clusters and a nearby refinery from Kurdish forces, reports say.
17/10/2017 08:12am
Emerson has acquired Houston-based oil and gas software company, Paradigm, for US$510 million that expands its technology capabilities.
17/10/2017 07:48am
EnerMech has been awarded a five year contract for hose and hose fittings supply and services for Shell’s Prelude FLNG Facility in Western Australia.
15/10/2017 01:32pm
The Abu Dhabi National Oil Company (ADNOC) launched it new unified brand, bringing together its subsidiary companies under one common identity that will highlight the scale of its business, the size of its contribution to the UAE’s economy and its positive impact on the nation’s socio-economic development.
15/10/2017 10:30am
U.S. operator Chaparral Energy has agreed to sell assets in Oklahoma and Texas Panhandle for $170 million to an unnamed buyer as the firm looks to become pure Stack-focused player.
15/10/2017 08:33am
Sound Energy, the North Africa and Europe-focused upstream gas company said it will launch a three-well drilling programme in Eastern Morocco.
15/10/2017 08:33am
Sound Energy, the North Africa and Europe-focused upstream gas company said it will launch a three-well drilling programme in Eastern Morocco.
15/10/2017 07:48am
The Saudi unit of Mitsubishi Hitachi Power Systems launched its gas turbine repair facility in the kingdom on Friday for the petroleum and chemical plants and announced plans to manufacture advanced turbines as part of its in-country investment strategy.
15/10/2017 07:48am
The Saudi unit of Mitsubishi Hitachi Power Systems launched its gas turbine repair facility in the kingdom on Friday for the petroleum and chemical plants and announced plans to manufacture advanced turbines as part of its in-country investment strategy.
12/10/2017 11:58am
World crude inventories are expected to drop by 300,000 barrels per day for 2017, as long as OPEC production remains at current levels, International Energy Agency (IEA) said in a new report.