From the field

Mitsubishi, NYK acquire stake in SBM FPSO

Japanese conglomerate Mitsubishi and shipping and logistics entity Nippon Yusen Kabushiki Kaisha paid $446 million on Thursday for a combined… Read More

9 years ago

Utica study reveals massive shale play

A study released by West Virginia University at a July conference has revealed that the Utica shale play has far… Read More

9 years ago

Iranian oil vessel sets sail for Asia

A vessel carrying about 2 million barrels of oil left Iran bound for Singapore on Friday. The shipment is the first following… Read More

9 years ago

Nexen pipeline spills 5 mln litres

An estimated 5-million-litre pipeline spill of bitumen was reported Wednesday at the Nexen Long Lake oil sands development in Alberta, Canada.… Read More

9 years ago

Sabine bankruptcy amid falling oil prices

Exploration and production entity Sabine Oil and Gas has filed for bankruptcy, after failing to establish financial stability following a 2014… Read More

9 years ago

Genesis buys Enterprise pipelines for $1.5 bln

Houston-headquartered Genesis Energy announced plans to purchase the offshore pipeline and service component of hydrocarbons pipeline operator Enterprise Products Partners… Read More

9 years ago

STATS group wins $10-mln pipeline contract

Scottish pipeline maintenance, modification and repair company STATS Group has been awarded a $10-million emergency pipeline repair contract with an undisclosed… Read More

9 years ago

ABB wins $100-mln telecom contract in UAE

On Thursday, ABB a Swiss technology firm, was awarded a contract by Hyundai Heavy for the installation of a telecommunication… Read More

9 years ago

$38 bln boon for Argentinian oil and gas

YPF, Argentina’s national oil company, in a joint venture with upstream operator Pan American Energy and German hydrocarbons producer Wintershall, announced… Read More

9 years ago

Mexico shallow-water bid comes up short

Mexico’s highly anticipated first call to bid for its Round One tender has fallen short of government expectations, with only two oil and… Read More

9 years ago

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