Statoil strengthens its position in Uruguay
Statoil signed a farm-in agreement with Tullow to acquire a 35% working interest in offshore exploration block 15 in the [...]
Oil
OMV initiates process to sell OMV Petrol Ofisi
The OMV Group announces to initiate a process to sell up to 100% of its wholly owned subsidiary OMV Petrol Ofisi A. S., a [...]
BP, Oman Oil develop second phase of Khazzan gas field
BP and Oman Oil signed with the Government of the Sultanate of Oman to extend the license to explore the Oman Block 61 to [...]
ACCA shares four focus areas for O&G businesses
A new report from ACCA (the Association of Chartered Certified Accountants) outlines key focus areas business leaders in the [...]
Qatargas to supply LNG to Pakistan
Qatar Liquefied Gas Company Limited (Qatargas 2) signed a long-term agreement to supply Pakistan State Oil Company Limited [...]
IEA report says oil demand to slow down
Having peaked, at a five-year high of 1.6 million barrels per day (mb/d) in 2015, global oil demand growth is forecast to [...]
Rosneft and GE enter JV in Russia
Rosneft and General Electric (GE) signed a long-term cooperation program that involves joint ventures for production of [...]
Diamond offshore and GE enter industry’s first performance-based agreement
Diamond Offshore Drilling, Inc. and GE Oil & Gas announced the offshore drilling industry’s first-of-its-kind [...]
Total starts production at Laggan-Tormore field
Total has started-up production from the Laggan and Tormore gas and condensate fields, located in 600 meters of water in the [...]
TransCanada’s Energy East project create 120 jobs
TransCanada Corporation and ABB signed a major agreement that will see ABB deliver a number of multi-million dollar [...]
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