Harvey’s full impact will only be known once refiners assess the damage to their flooded plants.
Read More »Statoil Comes Up Empty Handed in Barents Sea
Korpfjell is the fourth well that Statoil has drilled in its 2017 exploration campaign in the Barents Sea. which has been fairly disappointing so far.
Read More »Statoil Ventures into New Territory with Argentina Deal
As a consideration. Statoil will fund 100% of the cost of certain future activities in the block.
Read More »Russia Remains 2017 Largest Oil Producer in the World
The market data from JODI shows that Russia remains the world’s largest oil producer.
Read More »Statoil Receives Consent for Exploration Drilling at Gina Krog
Exploration well 15 6-14 S. which Statoil has now received consent to drill. is to be drilled as a sidetrack from existing well 15 6-B-2.
Read More »Increase in LNG carrier Demand Hiding by the Oversupply Issue
LNG carrier growth over the past decade has been synonymous with the growth in global LNG import and export capacity.
Read More »Reappointment of OPEC Veteran Zanganeh as Oil Minister Echoed in the World Media
Iran was OPEC’s second-biggest supplier at the time of Zanganeh’s dismissal.
Read More »ExxonMobil Discovers Additional Oil in Guyanese Offshore Field
Other stakeholders in the Stabroek Block are Hess Guyana Exploration which has a stake of 30% and CNOOC Nexen Petroleum Guyana which holds the remaining stake of 25%.
Read More »Subsea 7 Gains Contracts from Petrobras for Offshore Brazil
The acquisition became effective on 29 June after confirmation from the US Bankruptcy Court for the Southern District of Texas.
Read More »Schlumberger Agrees to Buy Stake In Russian Drilling Firm Eurasia
It is Schlumberger’s second attempt to buy part of EDC and would be the first U.S. purchase of a stake in Russia’s oil and gas sector .
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