Upstream
Iran re-examines potential of Sepand gas field
Exploratory drilling has started at the Sepand gas field, 250 km (155 mi) from Kish Island in the Persian Gulf....
Read moreGas reserves increase at Aphrodite offshore Cyprus
TEL AVIV, Israel – Delek Drilling says a review has raised estimated natural gas and condensate resources in the deepwater...
Read moreGE to supply turbomachinery for Petronas’ second floating LNG facility
GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to...
Read moreGE opens $500m R&D centre in Brazil for subsea oil and gas research
General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on...
Read moreTechnip wins PMC services contract for Abu Dhabi Nasr Phase II project
French engineering firm Technip has secured a contract from Abu Dhabi Marine Operating Company (ADMA-OPCO) to support the Nasr Phase...
Read moreOil falls to near $78 on Japan recession news
The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news...
Read moreXcite Energy signs MOU with China Oilfield Services for Bentley field, UK North Sea
Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up...
Read moreBrent crude increases towards $80 ahead of OPEC meeting
Brent crude increased to $80 a barrel today as struggling oil prices try to cope with ample supply concerns ahead...
Read moreProduction starts at Tubular Bells field in US Gulf of Mexico
Energy firm Hess and Chevron USA have commenced production at the Tubular Bells field, located in the Mississippi Canyon area...
Read moreTullow to explore offshore Jamaica
LONDON – Tullow has signed a production-sharing agreement covering 10 full blocks and one part-block offshore Jamaica. The Walton basin...
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