The block was offered as part of Brazil'.s 3rd production sharing bidding round.
Read More »OPEC Said to Work on Exit Strategy Alongside Cuts Extension
The cartel and its allies. which together control more than half the world’s oil output.
Read More »Russia Cements Top Spot in Crude Sales to China as Saudis Recede
The Asian nation’s imports of Russian crude jumped 61% to a record 6.35 million metric tons in September from a year earlier.
Read More »Schlumberger Introduces Integrated Seat Technology Ball Valve
Conventional ball valves tend to become larger in size and weight as oil and gas companies explore harsher environments.
Read More »Schlumberger Announces New Integrated Seat Technology Ball Valve
Schlumberger has announced the release of its GROVE IST integrated seat technology ball valve.
Read More »Halliburton Introduces Water-Based Drilling Fluid for Unconventional. Mature Plays
Halliburton has announced the release of the BaraShale Lite Fluid System. a high performance water-based fluid designed to maintain full salt saturation with reduced density.
Read More »Russia`s Lukoil. Iran`s National Oil Company Partner in Persian Gulf. South Caspian
For the purposes of the memorandum. LUKOIL-Engineering and NIOC will set up exchange of data necessary to study the areas. and establish a joint working group.
Read More »Rosneft to Finalize Pipeline Project in Iraqi Kurdistan
Rosneft and Kurdistan Regional Government are negotiating implementation of the project for construction of gas pipeline system on a fast track basis.
Read More »Halliburton Introduces New Drill Bit for High Energy Applications
Recent years have seen advances in drilling equipment and practices that have enabled operators to significantly increase energy and drilling speed to reduce costs.
Read More »Schlumberger Announces New Digital Well Construction Planning Solution
The DrillPlan solution will be available in North America land operations in fourth-quarter 2017.
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