OMV agrees to divest parts of its upstream business in Tunisia
The company has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.
The company has reached an agreement to sell its 100% owned subsidiary, OMV Tunisia Upstream GmbH, to a subsidiary of Panoro Energy ASA.
The company, which opened a base in Saudi Arabia in 2014, has seen a steady uptake in activity with a growing demand for its wellbore clean up products.
Twenty-seven of the world’s leading oil industry chief executives will gather, in Abu Dhabi, on November 11, to discuss the impact of digitalisation, technology and the Fourth Industrial Age on the future of the global oil and gas industry.
Green succeeds Jeff Shellebarger, who will retire after a 38-year career.
GMB, the union for offshore workers, has confirmed that most of its members covered by the Offshore Contractors Association (OCA) agreement have voted for industrial action.
A leading oil and gas industry logistics expert has said the sector’s businesses would welcome the Government’s pledge to spend £30 billion on English road improvements and should see the announcement as a key part of its Brexit preparations.
The company plans to increase its oil production capacity to 4 million bpd at the end of 2020 and 5 million bpd by 2030.
Headquartered in Houston, TX, with plant operations in Pasadena, TX, GBC is a manufacturer of maleic anhydride derivatives and provides a variety of contract manufacturing, warehouse and transportation services for a range of industrial end markets.
Simon Jones, Head of Professional Services, Petrotechnics, explores the overwhelmingly positive views coming from senior industry leaders about the digital horizon.
Oil prices look to remain under pressure, as fears of global oversupply have returned with a vengeance.
Roy Martin, senior analyst at Wood Mackenzie, comments on the transaction.
OSEA2018 Conference speaker, Harshit Sharma, Lux Research shares his insight on four key technologies playing a significant role in the digital transformation of oil and gas.
The closing of this sale, together with the closing of the Fayetteville transaction on September 28, 2018 with Merit, represents a complete exit for BHP from the US onshore shale market.
Oilfield Helping Hands (OHH), a non-profit organisation that helps oilfield families in financial crisis, announces a new partnership with BJ Services’ Team BJ Foundation.
Recent developments and discoveries in the offshore Eastern Mediterranean gas industry, specifically the Levant Basin, are providing significant opportunities for companies that can offer products capable of withstanding harsh environments.