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Oil & Gas News

Oil likely to see descending revision over the coming months, Commerzbank says
07.01.2018
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Oil likely to see descending revision over the coming months, Commerzbank says
Oil dealers ought to anticipate that costs will pullback by no less than 15 percent over the coming…
Snorre Expansion Project: DeepOcean get subsea installation business
06.01.2018
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Snorre Expansion Project: DeepOcean get subsea installation business
The offshore work includes installation of six integrated subsea template structures and manifolds,…
Oil price climbs to its highest level since 2015
03.01.2018
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Oil price climbs to its highest level since 2015
Oil rose to its most elevated amount since 2015 on Tuesday, moving to an intraday high above $67 a b…
Oil records most grounded year opening since 2014 amid Iran unrest
02.01.2018
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Oil records most grounded year opening since 2014 amid Iran unrest
Oil costs indented their most grounded begin to a schedule year since 2014 on Tuesday, in the midst…
Libya's Damaged Pipeline Will Come Back In January
01.01.2018
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Libya's Damaged Pipeline Will Come Back In January
The Libyan crude oil pipeline blown up on Tuesday will take about a week to repair, the chairman of…
North Korea: South seizes second ship in oil supply row
01.01.2018
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North Korea: South seizes second ship in oil supply row
South Korean experts have grabbed a moment send associated with providing oil to North Korea infring…
Saudi Arabia said to anticipate that oil income will increment 80% by 2023
31.12.2017
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Saudi Arabia said to anticipate that oil income will increment 80% by 2023
Saudi Arabia anticipates that oil income will bounce around 80% by 2023 to enable the kingdom to rec…
Subsea 7 awarded contract offshore Norway
30.12.2017
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Subsea 7 awarded contract offshore Norway
Subsea 7 S.A. (Oslo Bors: SUBC, ADR: SUBCY) today announced the award of a substantial contract by S…
Statoil submits plan for Snorre expansion project
30.12.2017
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Statoil submits plan for Snorre expansion project
Statoil is today, on behalf of the Snorre Unit partners, submitting the plan for development and ope…
Gazprom ramping up gas supplies to Serbia
28.12.2017
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Gazprom ramping up gas supplies to Serbia
Alexey Miller, Chairman of the Gazprom Management Committee, and Dusan Bajatovic, Director General o…
African Petroleum: Upgraded prospective resources in Sierra Leone
28.12.2017
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African Petroleum: Upgraded prospective resources in Sierra Leone
The upgrade to the independently assessed prospective resources follows the recent announcement on 5…
Bibby Subsea delivers Shell Pipeline agreement
08.11.2017
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Bibby Subsea delivers Shell Pipeline agreement
Bibby Offshore’s Houston-based division, Bibby Subsea, has successfully completed a significan…
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