IOG selects Petrofac as operator for Core gas project in North Sea
UK-based development and production firm Independent Oil & Gas (IOG) has awarded the Phase 1 well management contract to Petrofac … Read more
News
Equinor and Aker BP to jointly develop several fields offshore Norway
Norwegian oil firms Equinor and Aker BP have signed an agreement on commercial terms to jointly develop several fields on … Read more
Saudi Aramco CEO on oil markets: The worst is behind us
The worst is behind us in oil markets, says Saudi Aramco President and Chief Executive Officer Amin H. Nasser in … Read more
Big Oil Eyes India’s $100 Billion Energy Boom
India is inviting the biggest international oil companies to invest in the privatization of its state-held oil firms, Indian Oil … Read more
2019 shaping up to be Norway’s best exploration year since 2014
Equinor on Wednesday announced an oil and gas discovery near the Fram field in the North Sea off Norway. Energy … Read more
UK Offshore Oil & Gas Is About To Boom Again
As tens of thousands oil and gas professionals gather in Aberdeen for the biannual SPE Offshore Europe conference & exhibition, … Read more
ExxonMobil Makes Long-Term FPSO Supply Deal
Exxon Mobil Corp. and SBM Offshore have signed a long-term agreement covering potential future floating, production, storage and offloading (FPSO) … Read more
Nigeria LNG in Talks with Lenders to Fund $10B Expansion
Nigeria LNG Ltd., the operator of Africa’s largest natural gas plant, is in talks with lenders to finance a $10 … Read more
Saudi Aramco, partners launch JV to manage giant maritime complex
Saudi Aramco, Lamprell, Bahri and Hyundai Heavy Industries have officially launched their International Maritime Industries (IMI) joint venture that will … Read more
Brent oil price tops $71 a barrel for the first time since 2014
Brent oil price rose to $71 a barrel early on Thursday 25th January 2018, a level not seen since late … Read more