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ExxonMobil said today it made two additional discoveries offshore Guyana at the Tilapia-1 and Haimara-1 wells, bringing the total number of discoveries on the Stabroek Block to 12. The discoveries build on the previously announced estimated recoverable resource of more than 5 billion oil-equivalent barrels on the Stabroek block. Tilapia-1 is the fourth

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Company NewsMiddle East and AfricaOil, Gas & Energy News

Agree to work together towards new agreement to explore 3,100 km2 onshore block Would build on BP’s major existing onshore activity and experience in Oman  BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant

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AsiaOil, Gas & Energy News

The global demand for oil refining pumps is expected to surpass 3 million tons by 2019 end, according to a latest Fact.MR report on oil refining pumps market. Rising oil and gas production, and increase in petroleum-based power generation are driving oil refining pumps demand. The demand for centrifugal pumps is constantly rising

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Europe

An international seminar will open on Wednesday, March 27, 2019, in Ravenna, the XIV edition of the Offshore Mediterranean Conference (OMC2019). The theme of meeting being ‘Expanding the Mediterranean Energy Sector: Fuelling Regional Growth’. In addition to the confirmed national presences, OMC2019 will host Tarek El Molla (Minister of Petroleum of Egypt), George Stathakis (Minister of Energy of

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EuropeMiddle East and AfricaOil, Gas & Energy News

The 5th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Friday, 07 December 2018, under the Co-Chairmanship of OPEC’s President, HE Suhail Mohamed Al Mazrouei, Minister of Energy & Industry of the United Arab Emirates and Head of its Delegation, and HE Alexander Novak, Minister of Energy

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Asia

R. Abdullayev: “By the end of the year, foreign oil and gas companies staff in Azerbaijan will be 90% nationalized” A meeting dedicated to the 5th anniversary of the Staff Nationalization Program in the oil and gas industry of Azerbaijan took place on December 5, 2018. Rovnag Abdullayev, President of

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Middle East and Africa

Conventional stimulation and well-testing contract will enhance production from new and existing wells for up to five years  BHGE leveraging comprehensive approach to improve efficiency and reduce costs for Saudi Aramco Contract supports IKTVA initiative through the creation of new engineering, field services and project management jobs for Saudi professionals

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Europe

Saipem Castorone at the Johan Sverdrup field in the North Sea. (Photo: Bo B. Randulff / Roar Lindefjeld / Equinor ASA) Last week Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, reached the Johan Sverdrup field in the North Sea. Late last week the last pipe of

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US

Talos Energy Inc. (“Talos” or the “Company”) (NYSE: TALO) today announced the Company entered into and completed a transaction to acquire Whistler Energy II, LLC (“Whistler”) on August 31, 2018. Year to date gross production from Whistler’s assets is approximately 1,900 barrels of oil equivalent per day (“Boepd”), or net

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Europe

Since finalizing the combination with CB&I in May, McDermott has accomplished a great deal in terms of integration in a relatively short period of time. We have made tremendous progress in integrating every aspect of our two companies, while at the same time, we have laid the foundation for a

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