From the field

Noble divests from Marcellus, losses shrink

Noble Energy said on Tuesday it had agreed to sell its assets in the Marcellus shale field in the USA… Read More

7 years ago

Total starts up Badamyar project

France’s Total announced on Tuesday that it had brought the Badamyar offshore project, some 220 kilometres south off Myanmar, on… Read More

7 years ago

ConocoPhillips sees recovery

ConocoPhillips announced its first-quarter 2017 adjusted figures on Tuesday, revealing a loss of USD 19 million. While in the red,… Read More

7 years ago

SOMO, Lukoil set up trading firm

Iraq’s Oil Marketing Company (SOMO) and the unit responsible for the international marketing and trading of Lukoil crude, Litasco, have… Read More

7 years ago

Africa’s first FLNG venture one step closer

The parties involved in the Fortuna floating LNG project off Equatorial Guinea on Tuesday signed the so-called umbrella agreement that… Read More

7 years ago

BP increases output, profit

BP announced an underlying replacement cost profit of USD 1.51 billion for the first quarter of 2017 on Tuesday, an… Read More

7 years ago

Pembina in midstream deal

Canada’s Pembina Pipeline Corporation on Monday announced it would be acquiring competitor Veresen in a bid to increase processing and… Read More

7 years ago

Libya output makes comeback

Libya’s oil production has returned to levels above the 700,000-bopd mark, a National Oil Corporation (NOC) official said on Sunday. Read More

7 years ago

Iran condensate refinery comes on line

Iran has launched the first phase of the Persian Gulf Star refinery, a mega-project designed to process condensate from the… Read More

7 years ago

Services providers sign Mexico contracts

Two major oilfield services companies announced new contracts with Mexican NOC Pemex on Friday. Read More

7 years ago

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