Drilling & production

Because of its deals with the Kurdistan region, ExxonMobil has been banned from the latest round of bidding in Iraq.

As well as welcoming a new CEO, Petrobras has brought in two new directors.

TNK-BP has outlined plans covering US$ 4 billion worth of Arctic gas and oilfield development.

Drilling company Sevan, has announced a increased net loss and raised concerns over financing other projects.

Technip has reported a rise in profits, fuelled by strong oil prices.

Ludowici, an Australian mining equipment supplier, finds itself in the centre of a bidding war between FLSmidth and the Weir Group.

Apache has cited high production levels and increased oil prices as the reasons behind soaring profit and revenues.

Santos has announced that a new gas reservoir offshore Bangladesh has been discovered.

Martin Engineering holds a symposium in Turkey to address safety issues

Italian manufacturer of rollers for belt conveyors, Rulli Rulmeca, celebrates its 50th birthday this year.

Xstrata is offering to sell 20% of the proposed AU$ 6 billion Wandoan coal mining project in Queensland.

Fugro has announced winning a GTL maintenance contract with Shell.

Wilhelmsem Technical Solutions has announced that it has received an important order from Dynagas.

Delays in unlocking China’s shale reserves may support a growing demand for LNG

The world’s largest shipbuilding company has agreed to an order for US$ 1.1 billion worth on construction projects.