Oil & Gas

Metso's Installed Base Management Services enables the oil and gas industry to be better prepared for turnarounds and improves the long-term availability and reliability of their field…
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GE Oil & Gas has signed an agreement with TAG (Trans Austria Gasleitung GmbH), a pipeline operator with stations across Austria to install its new Tuning Maintenance Software…
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BP announced that it has agreed to buy from Eni a 10% interest in the Shorouk concession offshore Egypt, which contains the super-giant Zohr gas field, for $375 million. On closing, BP…
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Lukoil has commissioned a facility for the treatment and gathering of oil, and a water-treatment unit at Yaregskoye field in the Republic of Komi, Russia. The capacity of the first…
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Ikkuma Resources has reported an operations update and its financial and operating results for the three months ended 30 September 2016. OPERATIONS UPDATE In October, the Corporation…
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Statoil and Petrobras have completed their previously announced transaction, whereby Statoil has acquired Petrobras’ 66% operated interest of the BM-S-8 offshore licence in Brazil’s…
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Centrica has entered into a Memorandum of Understanding (MOU) with Tokyo Gas Co Ltd, Japan’s largest natural gas utility. The MOU establishes an alliance between Centrica and Tokyo…
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Hyundai and Saudi Aramco have inked contracts for the company’s Uthmaniyah Ethane Deep Recovery Project. Tofiq H. Al Gabsani, Saudi Aramco’s acting executive director of Project…
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Following a meeting with Mr. Mohamed Khodair, Chairman of the General Authority for Investment and Free Zones (GAFI), GE Oil & Gas has announced the expansion of its services…
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Rosneft and BP announce the completion of the deal to create a new joint venture, Yermak Neftegaz LLC, to conduct exploration in the West Siberian and Yenisey-Khatanga basins in the…
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