20/09/2017 02:47pm
A.P. Moller – Maersk said it has agreed to sell its oil tanker business for US$ 1.171 billion to its largest shareholder A.P. Moller Holding, which will set up and lead a consortium with Japan’s Mitsui and others for the tankers business.
20/09/2017 09:34am
Lebanon’s parliament approved a tax law on oil revenues just as exploration and production companies prepare to bid on the first round of offshore exploration licences next month.
19/09/2017 02:11pm
Russia’s Rosneft plans to expand its footprint in Iraq’s Kurdistan region after agreeing to fund a gas pipeline.
19/09/2017 11:02am
DP World has agreed to buy fellow Dubai Maritime World, the owner of Dubai Maritime City (DMC), for US$180 million, and Drydocks World for a capital injection of $225 million.
19/09/2017 10:02am
Saudi Arabia's SABIC continues its global growth with new polypropylene (PP) ventures in Europe with the opening of a pilot plant in the Netherlands and committing to a new investment in a PP extrusion facility at the same location.
19/09/2017 09:10am
Baker Hughes, a GE company and KBC, a subsidiary of Yokogawa, have joined forces to provide integrated process and operational software solutions for the oil and gas industry.
19/09/2017 08:41am
Xodus Group has been awarded two Environmental and Social Impact Assessment (ESIA) contracts for projects in the Rufisque Offshore, Sangomar Offshore and Sangomar Deep Offshore (RSSD) blocks in Senegal, West Africa.
18/09/2017 11:17am
TechnipFMC has been awarded an Engineering, Procurement, Construction and Installation contract from Hurricane Energy’s Lancaster EPS Project, West of Shetland.
18/09/2017 10:39am
UK's SDX Energy has spud the first of nine wells in its KSR-14 development well on the onshore Sebou permit in Morocco.
17/09/2017 07:41am
Pipeline Magazine’s Julian Walker spoke exclusively to Vopak’s CEO Eelco Hoekstra about the growing importance of the Middle East market and preparing for the new energy landscape
14/09/2017 03:00pm
U.K.’s Wood Group said it was awarded a new contract by China National Offshore Oil Corporation (CNOOC) to support their Lingshui 17-2 gas development in the Qiongdongnan basin of the South China Sea.
14/09/2017 12:48pm
BP-led consortium and SOCAR, Azeri state energy firm signed a deal to extended a product sharing contract until 2050 for the super-giant Azeri-Chirag-Guneshli (ACG) offshore fields, the largest in the Azerbaijani sector of the Caspian Sea.
14/09/2017 08:50am
ADNOC Distribution, the retail arm of the state oil company ADNOC has signed two agreements to sell its Voyager branded engine oil and lubricant products in Ethiopia and Yemen.
13/09/2017 12:44pm
Repsol Norge, a Norwegian unit of the Spanish oil company Repsol, awarded oil services company Archer additional contracts for plugging and abandonment (P&A) and related services in Norway.
13/09/2017 11:08am
Sound Energy said it has completed its previously-announced acquisition of the interests of Oil & Gas Investment Fund in Eastern Morocco, after receiving final approvals.
12/09/2017 01:30pm
OPEC raised demand forecast for its crude in coming quarters, lifting chances of a market rebalancing as its August production slipped.
12/09/2017 09:01am
Libya’s National Oil Company said tampering with a gas pipeline valve has set it back by almost $2.17 million in losses from cutting back of production and exports and halting supply of gas to local power stations.
12/09/2017 08:00am
Petroleum Development Oman (PDO) said it has signed deals worth a combined $253.1 million with companies that will help localise the sourcing of oil and gas equipment.
12/09/2017 07:48am
Royal Dutch Shell and Petrobras signed a Memorandum of Understanding (MoU) to establish a long-term partnership to collaborate in developing pre-salt fields in Brazil.
11/09/2017 01:26pm
Slovak natural gas transporter Eustream said it signed a feasibility study contract for the Eastring gas pipeline with Hungarian consultancy and projection company Euroil.