UK oilfield services giant Petrofac has secured £1.3 billion worth of orders so far this year. and expects to compete for contracts worth £11.7bn in the second half of 2019.
Read More »TGS. PGS Partner with Bain Geophysical to Create Crustal Study Offshore East Canada
Building on their decade-long partnership for Eastern Canada seismic gravity surveys. TGS and PGS have announced a partnership with Bain Geophysical Services to create a new regional study of the crust offshore Newfoundland and Labrador.
Read More »Iran Eyes 15 mt y Petchem Output in PEIISEZ
Implementation of the projects would create a new movement in the southern province of Hormuzgan.
Read More »Global Petroleum Show to Address Critical Issues Facing Canadian. Global E&P industry
The 51st installment of the Global Petroleum Show (GPS). North America’s largest onshore-oriented oil-and-gas event. kicks off today in Calgary. amid a Canadian activity trough from which industry leaders hope to recover soon.
Read More »US Ban on Iran’s Pet-Chem Exports Ineffective
CEO of Iran’s National Petrochemical Company Behzad Mohammadi reiterated that Washington’s unilateral sanctions on the country’s largest and most profitable petrochemical group are hardly to have an impact.
Read More »Phase I of Hengam Petchem Plant 73% Complete
The first phase development of Hengam Petrochemical Plant has so far made 73 percent physical progress.
Read More »Cnooc’s UK Business Posts £1bn Pre-Tax Profit
A recovering oil price drove a boost to profits for Cnooc’s operations in the UK and Ireland in 2018.
Read More »BP. Partners Confirm Investment in Deepwater Angola
P and partners today confirmed they have agreed further investment into deepwater Block 15. offshore Angola as part of an agreement with Angola'.s National Agency for Petroleum. Gas and Biofuels (NAPGB).
Read More »Iran’s Giant Pet-Chem Company Vows to Keep Boosting Production. Defying US Pressures
The Persian Gulf Petrochemical Industries Company (PGPIC). Iran’s largest petrochemical holding group. will continue with calm and according to its previous plans of development. CEO of the holding Jafar Rabiei announced after the recent US sanctions.
Read More »Petrochemical Sanctions against Iran Impractical
Former Head of the National Petrochemical Company (NPC) Abdolhossein Bayat downplayed the impacts of the US new sanctions on Iran'.s petrochemical products. describing the move as ineffective.
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