Oil & Gas News

Qatar Petroleum signs agreement with Abu Dhabi for Al-Bunduq's development
13.03.2018
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Qatar Petroleum signs agreement with Abu Dhabi for Al-Bunduq's development
Qatar Petroleum signed a concession agreement with the Abu Dhabi Supreme Petroleum Council (on behal…
KCA Deutag enters into an agreement to acquire the Omani and Saudi Arabian businesses of Dalma Energy
07.03.2018
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KCA Deutag enters into an agreement to acquire the Omani and Saudi Arabian businesses of Dalma Energy
KCA Deutag ("KCAD"), a leading global drilling and engineering contractor, today announces…
Oil industry opposes steel tariffs
04.03.2018
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Oil industry opposes steel tariffs
The Trump administration announced new tariffs on imported steel and aluminum on Thursday, despite r…
US embargo would be the 'death knell' for Venezuela's oil industry, analyst says
01.03.2018
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US embargo would be the 'death knell' for Venezuela's oil industry, analyst says
The red flags of an imminent U.S. embargo on Venezuelan crude are already apparent, according to an…
Lundin Norway granted drilling permit for well 7220/11-5 S in production licence 609
01.03.2018
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Lundin Norway granted drilling permit for well 7220/11-5 S in production licence 609
The Norwegian Petroleum Directorate (NPD) has granted Lundin Norway AS a drilling permit for well 72…
Shell sees potential LNG supply shortage as global demand surges
27.02.2018
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Shell sees potential LNG supply shortage as global demand surges
The global liquefied natural gas (LNG) market has continued to defy expectations of many market obse…
Saipem drillship mobilised to Rabat Deep Permits in Morocco
27.02.2018
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Saipem drillship mobilised to Rabat Deep Permits in Morocco
Chariot Oil & Gas Limited, the Atlantic margins focused oil and gas exploration company, is plea…
Statoil spuds first well at Oseberg Vestflanken 2
27.02.2018
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Statoil spuds first well at Oseberg Vestflanken 2
In the early hours of Sunday 25 February drilling started at Oseberg Vestflanken 2. On the Capital M…
Petronas joins FAR to drill offshore The Gambia
27.02.2018
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Petronas joins FAR to drill offshore The Gambia
PETRONAS will fund 80% of total well costs of the Samo-1 exploration well up to a maximum total cost…
Parker Hannifin signs EFA with Shell for instrumentation products
27.02.2018
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Parker Hannifin signs EFA with Shell for instrumentation products
Parker Hannifin Corporation, the global leader in motion and control technologies, has signed a new…
UAE fund eyes stake in Gazprom Neft unit
25.02.2018
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UAE fund eyes stake in Gazprom Neft unit
Abu Dhabi’s Mubadala national wealth fund is reportedly nearing a deal to invest in a Gazprom…
Schlumberger and Subsea 7 announce intent to form a joint venture
23.02.2018
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Schlumberger and Subsea 7 announce intent to form a joint venture
Schlumberger and Subsea 7 S.A. have entered into exclusive negotiations to form a joint venture that…
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