From the field

Weatherford sells Kuwait rigs

Weatherford has closed the sale of its land rigs in Kuwait to ADES for USD 123 million, the oilfield services… Read More

6 years ago

NNPC, BP sign fuel supply deal

The Nigerian National Petroleum Corporation (NNPC) has signed a six-month direct sale-direct purchase (DSDP) agreement with BP for petrol supply,… Read More

6 years ago

Encana to acquire Newfield for $7.7 bln

Encana Corporation has agreed to acquire Newfield Exploration Company for USD 5 Read More

6 years ago

Mexico hit by fuel shortages

Recent fuel theft incidents and inclement weather have left several Pemex terminals with deficits since last week, affecting fuel retailers,… Read More

6 years ago

Australia wraps up 2017 offshore awards

Australia has awarded seven permits won in two offshore rounds in 2017, the country’s Department of Industry, Innovation and Science… Read More

6 years ago

Eni did not check Nigeria deal enough: testimony

A former Eni board member has testified that the energy giant did not do thorough background checks on a middleman… Read More

6 years ago

Mexico credit ratings revised down

Following the cancellation of an airport mega-project earlier this week, Fitch has revised Mexico’s credit outlook from stable to negative,… Read More

6 years ago

Ghana LNG project under construction

A partner in Ghana’s Tema LNG project has announced the start of construction, international media reported Wednesday Read More

6 years ago

Guyana approves Orinduik stake sale

Guyana’s president, David Granger, has approved the sale of a 25% stake in the offshore Orinduik block to Total, seller… Read More

6 years ago

Petrobras may sell assets worth $20 bln: report

Brazilian NOC Petrobras intends to continue asset divestments through 2019, with possible sales worth USD 20 billion, international media reported… Read More

6 years ago

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