Oil & Gas News

TechnipFMC awarded EPCI contract for the Lundin Luno II and Rolvsnes development
03.02.2019
359
TechnipFMC awarded EPCI contract for the Lundin Luno II and Rolvsnes development
TechnipFMC has been awarded a substantial integrated Engineering, Procurement, Construction and Inst…
Equinor completes acquisition of Danske Commodities
02.02.2019
211
Equinor completes acquisition of Danske Commodities
Equinor has completed the EUR 400 million acquisition of Danske Commodities (DC) announced in July 2…
ENOC and Baker Hughes to co-develop lubricant monitoring system
02.02.2019
189
ENOC and Baker Hughes to co-develop lubricant monitoring system
Baker Hughes, a GE Company, has announced an agreement with Emirates National Oil Company (ENOC) to…
Rovco and Global Marine Group partner up to enhance IRM solutions
31.01.2019
227
Rovco and Global Marine Group partner up to enhance IRM solutions
Subsea technology company, Rovco has formed an invested partnership with Global Marine Group (GMG) a…
Talon Petroleum to acquire Encounter Oil
31.01.2019
154
Talon Petroleum to acquire Encounter Oil
Talon Petroleum is pleased to announce that it has entered into a binding heads of agreement for the…
API reports smaller crude oil build than expected
30.01.2019
224
API reports smaller crude oil build than expected
The American Petroleum Institute (API) reported a crude oil inventory build of 2.098 million barrels…
Oil prices edge up on US sanctions against Venezuela
29.01.2019
220
Oil prices edge up on US sanctions against Venezuela
Oil prices crept up on Tuesday after Washington imposed sanctions on Venezuelan state-owned oil firm…
Extension of planning consent granted for Wressle discovery
28.01.2019
249
Extension of planning consent granted for Wressle discovery
Europa Oil & Gas (Holdings) plc, the UK and Ireland focused oil and gas exploration, development…
Tethys's acquisition of Block 53 in Oman unsuccessful
28.01.2019
193
Tethys's acquisition of Block 53 in Oman unsuccessful
On 23 December 2018, Tethys Oil announced that it had entered into an agreement to acquire a two per…
Eni announces startup of another Vandumbu well
28.01.2019
206
Eni announces startup of another Vandumbu well
Eni has successfully launched a new production well in the Vandumbu field, about 350 km north-west o…
Europe’s drivers are ditching diesel cars
27.01.2019
225
Europe’s drivers are ditching diesel cars
Europe’s drivers are ditching diesel cars in favor of gasoline. The oil market is handing them…
Modest rig count gain caps oil prices
26.01.2019
232
Modest rig count gain caps oil prices
Baker Hughes reported modest rise in the number of active oil and gas rigs in the United States this…
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