From the field

Sonatrach to invest USD 50 billion by 2021

Algeria’s Sonatrach is planning to increase output to more than 4.6 million boepd by 2021 and to invest some USD… Read More

7 years ago

Angola to set new local content rules

Angola will soon approve a package of legislation designed to increase local content in the country’s oil and gas industry,… Read More

7 years ago

CNOOC 2016 profit down 97%

China’s CNOOC posted its worst annual report in years on Thursday, with revenue for 2016 down 17% and profit, at… Read More

7 years ago

Saipem and Siemens in subsea tie-up

Saipem and Siemens will be teaming up for the development of subsea control systems, the companies said in a statement… Read More

7 years ago

US Gulf lease sale nets USD 275 million

The US Department of the Interior (DOI) and Bureau of Ocean Energy Management (BOEM) announced the results of the federal… Read More

7 years ago

GE opens Ghana services centre

GE Oil & Gas on Wednesday opened a services centre in Ghana that will underpin the company’s work on deepwater… Read More

7 years ago

COSL hurt by oil price slump

China Oilfield Services (COSL) posted its full-year financial results on Wednesday, announcing a drop in revenues on account of lower… Read More

7 years ago

Kinder Morgan to pipe Permian gas

Kinder Morgan Texas Pipeline (KMTP) aims to capitalise on the projected increase in natural gas production across the Permian basin… Read More

7 years ago

ICE to debut US LNG futures contract

International Exchange (ICE) on Wednesday announced it will start trading the very first US LNG futures contract in May. Read More

7 years ago

Sinopec picks up Chevron Africa assets

Sinopec will take Chevron's 75%-stake in several assets in South Africa and Botswana, the Chinese group said on Wednesday. Read More

7 years ago

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