News
Iran Crude Exports Hit 2.4 million bpd
Minister of Petroleum, Bijan Zangeneh says Iran’s daily production of oil and condensate has risen to 2.4 million barrels. ...
Read moreIran already Reach the Desirable Crude Production level
Mohsen Qamsari, the director for international affairs of the National Iranian Oil Company (NIOC), stated that Iran has already reached...
Read moreStatoil ASA to increase its ownership in Lundin Petroleum AB through swap agreement
Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest...
Read moreShell completes sale of Danish retail unit
Shell has completed the sale of Dansk Fuels in Denmark to Couche-Tard for approximately $300 million including working capital. Dansk...
Read moreGE Oil & Gas join forces With SapuraKencana Well Services to provide light well intervention services in Asia-Pacific
GE Oil & Gas and SapuraKencana Well Services today signed a Memorandum of Understanding (MoU) announcing an Asia-Pacific wide agreement...
Read moreTransocean announces Shell’s early termination of Polar Pioneer contract
ZUG, Switzerland -- Transocean Ltd. announced today that Shell has elected to terminate the contract for the harsh environment semisubmersible...
Read moreKeppel O&M secures contracts worth $88 million from repeat customers
Keppel Offshore & Marine Ltd (Keppel O&M)'s local and overseas subsidiaries have won strong support from repeat customers by securing...
Read moreVermilion Energy reports first gas from Corrib project
Vermilion Energy said Wednesday that natural gas had started to flow at the company’s Corrib gas project in Ireland. Production...
Read moreWintershall eyes Argentina’s Vaca Muerta shale with new investment
Wintershall and Energy company Gas y Petróleo del Neuquén have signed an agreement under which Wintershall will increase its interest...
Read moreOil bankruptcies reach highest quarterly level since recession
Bankruptcies among oil and gas companies have reached quarterly levels last seen in the Great Recession , according to the...
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