China demand concerns see Brent slip
Data showing a growing Chinese trade surplus has seen Brent crude prices slip from their six month high.
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Data showing a growing Chinese trade surplus has seen Brent crude prices slip from their six month high.
Vale uses Logmarin to develop the world’s largest floating bulk terminal
The government-imposed subsidy on upstream companies in India hits profits.
Brazilian state player Petrobras has discovered a new crude oil reservoir in the Santos Basin.
As production outstripped pipeline capacity in the Bakken shale, oil producers hit the wall and prices toppled.
French company Technip has signed a contract with Petrobras purportedly worth US$ 2.1 billion
Brent crude prices have continued to rise towards their highest value in the last six months.
Subsea UK hands out awards at its sixth annual awards ceremony.
Energy consultancy firm ADIL has announced a £500 000 contract with Iona Energy.
Noble Energy, Inc. has announced a natural gas discovery at the Tanin prospect offshore Israel. The discovery well was drilled to a depth of 18,212 ft and encountered approximately 130 ft of gross natural gas pay in high-quality lower Miocene sands.
Total has signed an agreement with Sinochem to sell TEPMA BV. This fully owned affiliate of Total holds a working interest in the Cusiana field as well as a participation in OAM and ODC pipelines in Colombia.
Technip was awarded two contracts, worth approximately €100 million by Tullow Ghana Limited, for the Phase 1A of the Jubilee project. The Jubilee field is located offshore Ghana at a water depth of 1300 m.