January 23, 2018   Statoil has, on behalf of the license partners, awarded EPC contracts for the delivery of subsea production systems and services for the Troll Phase 3 project in the North Sea and the Askeladd project in the Barents Sea, respectively, to Aker Solutions. The contracts have a

London & Dubai, 11 January 2018 ADES International Holding Ltd. (LON: ADES), the London-listed company providing offshore and onshore oil and gas drilling and production services in the Middle East and Africa through its subsidiaries, has successfully extended two existing contracts for Admarine II, Admarine IV and renewed its lease

16 January, 2018 Archer Limited announces that effective from the 1st of January 2018, Apache have awarded a new 3 year contract to Archer for the provision of Platform Drilling Management Services which include operations and maintenance on their Forties and Beryl fields. This will include the Forties Alpha, Bravo,

Jan 15, 2018 Royal Dutch Shell plc (Shell) today announces a final investment decision on the redevelopment of the Penguins oil and gas field in the UK North Sea. The decision authorises the construction of a floating production, storage and offloading (FPSO) vessel, the first new manned installation for Shell

15 January 2018 INEOS Oil and Gas is creating six new businesses. These businesses have been created following the company’s extraordinary 2017 growth. The changes will allow each business to focus on its core activities, providing better decision making and more transparent financial reporting. INEOS is now a top ten

2018/01/15 Petrobras and Total announce today that they have finalized a decisive milestone in the realization of their Strategic Alliance, signed in March 2017, with the completion of the following transactions: Transfer from Petrobras to Total of 35% of the rights, as well as the operatorship, of the Lapa field

January 08, 2018 Exxon recently announced positive results from its Ranger-1 exploration well, marking ExxonMobil’s sixth oil discovery offshore Guyana since 2015. The Ranger-1 well discovery adds to previous world-class discoveries at Liza, Payara, Snoek, Liza Deep and Turbot, which are estimated to total more than 3.2 billion recoverable oil-equivalent

January 11, 2018 Saudi Aramco was the sponsor of the recent Clean Fuels for Future High Efficiency Engines Symposium in Beijing, China. Part of the annual Society of Automotive Engineers International Powertrain, Fuels and Lubricants meeting, the symposium focused on peer relations for automotive original equipment manufacturers, trade associations, national

January 11, 2017 The Abu Dhabi National Oil Company (ADNOC) has signed an agreement with Masdar, Abu Dhabi Future Energy Company to acquire its 49 per cent share in Al Reyadah, a carbon solutions and utilization business. The deal makes ADNOC the sole shareholder in Al Reyadah and enables the

UTEC, a global survey company in subsea services group Acteon, has been awarded a contract by Technip Oceania Pty Ltd, part of TechnipFMC in Australia, to provide survey and positioning services on the Greater Enfield Project, offshore Western Australia. The work scope includes pre-lay surveys; onshore dimensional control; survey and