BP agrees terms to sell North Sea interests in Andrew area and Shearwater to Premier Oil
BP has agreed terms to sell its interests in the Andrew area in the central UK North Sea and its non-operating interest in the Shearwater field.
BP…
Reliance and BP move forward with Indian fuels partnership
BP and Reliance Industries Limited (RIL) today signed a definitive agreement relating to the formation of their new Indian fuels and mobility joint…
Second annual Intersec Awards celebrate industry leaders
Projects demonstrating highest standards of security, safety and fire protection recognised at Dubai gala event
Dubai, UAE: Professionals in the…
Oilfield Service Market to Rise Sustainably at 3.7% CAGR with Growing E&P Activities across…
The onshore segment is expected to undergo a declining phase during the forecast period 2018-2026. On the flip side, the offshore segment is projected…
Well Intervention Market to Reach US$ 12.5 Bn by 2026, Increasing Investment in Offshore Assets to…
The global well intervention market will gain significantly from the increasing demand for oil and gas from offshore areas. As per the report in…
Maersk Drilling completes sale of jack-up Mærsk Giant
Maersk Drilling has completed the sale of jack-up rig Giant (formerly named Mærsk Giant) to the LOTOS Petrobaltic Group. The new owners will use the…
BHGE Opens Subsea Centre of Excellence in Montrose
Baker Hughes, a GE company (BHGE), opened its transformed Centre of Excellence (CoE) facility at an inauguration ceremony with Minister for Energy, …
Equinor and partners fully align interests in the Carcará oil discovery in Brazil
Equinor and Barra Energia have completed their transaction announced on 4 July 2018, whereby Equinor has acquired Barra's 10% interest in the…
ExxonMobil to Provide $3 Million to USAID Programs in Mozambique
ExxonMobil and the United States Agency for International Development (USAID) said that ExxonMobil will provide $3 million to USAID to design and…
Petrofac and MFDevCo join forces to maximise recovery
Petrofac has entered into a collaboration agreement with Marginal Field Development Company (MFDevCo) for the pursuit of opportunities in the recovery…