From the field

Near-record Iraqi oil exports amidst crisis

Iraqi crude exports averaged 3.36 million bopd during April, a spokesperson of the Ministry of Oil said on Sunday, about… Read More

8 years ago

Oilfield services duo call off merger

Halliburton and Baker Hughes have called off their merger amid persistent antitrust concerns on both sides of the Atlantic. Announced… Read More

8 years ago

11 oil workers presumed dead

A helicopter crash over the Norwegian waters of the North Sea on Friday is believed to have cost the lives of… Read More

8 years ago

Ophir-Schlumberger Fortuna deal off

Ophir Energy and Schlumberger have failed to reach an agreement on a deal that would see the latter secure a… Read More

8 years ago

Samsung swallows contract cancellation

Samsung Heavy Industries on Friday confirmed the cancellation of an engineering, procurement, construction and installation contract for three floating LNG… Read More

8 years ago

E&P performance pushes Eni into red

Vastly lower operating profits from the exploration and production segment have contributed to first quarter losses for Italian major Eni,… Read More

8 years ago

OPEC trio pumping big

Oil production in Saudi Arabia and Kuwait will ramp up in coming weeks, while Iraq is on track to break… Read More

8 years ago

Technip profit up, revenue down

Technip has posted an increase in profits over the first quarter of 2016, the French company announced on Thursday. Technip… Read More

8 years ago

Suncor increases Syncrude stake

Suncor late on Wednesday announced it had agreed to purchase Murphy Oil Corporation’s 5% interest in Syncrude, raising its stake in… Read More

8 years ago

Genel Energy seeks Turkish investment

Genel Energy is reportedly in talks with Turkish Energy Company (TEC) for investment in the endeavour to develop the Kurdistan… Read More

8 years ago

This website uses cookies.