PetroNeft Resources: Quarterly production update
PetroNeft provides an update on oil production at licence 61 in the fourth of 2017.
PetroNeft provides an update on oil production at licence 61 in the fourth of 2017.
Genel Energy plc has issued the following trading and operations update in advance of the Company's full-year 2017 results, which are scheduled for release on 22 March 2018.
McDermott International, Inc. announced a large contract award from Saudi Aramco for the engineering, procurement, construction and installation of 13 jackets in the Zuluf, Marjan, Berri and Abu Safah fields, offshore Saudi Arabia.
Over US$83.1 billion in capital expenditure will be spent over the lifetime of the top 10 onshore oil projects to produce 9.7 billion bbls of crude oil, according to GlobalData, a leading data and analytics company.
Revenues from E&P operations combined with a further reduction in G&A costs, strict discipline on all spending and a rigorous management of receivables have helped the company to deliver another step towards overall profitability.