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Russia’s special commission on Foreign Investment approved Schlumberger to buy a stake of 25% to 49% in Eurasia Drilling.
Read More »Schlumberger Approved to Buy Into Russia’s Eurasia Drilling
Libya’s Sirte Oil Company Boosts Production to 61.000 bpd
Libya’s national production rose to above 1 million bpd last year after long-term blockades of ports and pipelines ended.
Read More »ADNOC. Austria`s OMV ink $1.5bn Offshore Agreement
The deals conclude ADNOC Offshore'.s round of concession stake awards. raising the total value close to $8bn.
Read More »NOC Discusses with BP and Eni Resumption of Oil Exploration Activities
BP signed a major exploration deal in Libya in 2007 but put its onshore plans on hold in 2014 because of security concerns.
Read More »SOCAR and BP Sign New Production Sharing Agreement
Block D230 lies some 135 kilometres (84 miles) north-east of Baku in the Caspian Sea.
Read More »BP Names Oil Industry Veteran Helge Lund as Chairman
Norwegian previously ran Statoil and BG Group.
Read More »Aramco. Total Eye Saudi Petrol Station Market
Other large energy majors are looking to divest distribution assets and focus more on core exploration activities.
Read More »Gazprom Plans to Build a $ 20 Billion Plant Near the Baltic Sea
The estimated cost of the project is nearly $ 20 billion. adds Vedomosti'.s interlocutors.
Read More »Iran not to Give Development of South Pars Oil Layer to Total
After ownership of Danish company Maersk Oil was taken by the French Total. Iran decided not to give the development of the South Pars field to Total.
Read More »BP to Develop Deep-Water Indian Gas Fields
The deep-water gas fields in India are part of the second phase of three projects and will bring fresh gas production to the country.
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