Month: March 2017
- Tech
New innovative Polyfuels technology at Petrobrazi Refinery
OMV Petrom recently announced approximately EUR 60 million investment for a new unit to be built in the Petrobrazi Refinery,…
Read More » - Oil & Gas
Saudi Aramco to invest USD 7 billion in oil hub
According to Malaysian Prime Minister Najib Razak (photo), oil major Saudi Aramco will invest USD 7 billion in a mammoth…
Read More » - Oil & Gas
New world’s top crude oil producer
Russia overtook Saudi Arabia as the world’s largest crude producer in December 2016, when both countries started restricting supplies ahead…
Read More » - Oil & Gas
Lukoil and Inpex find oil in Iraq
Lukoil and Inpex have successfully completed the testing of the first exploratory well, Eridu 1, at Block 10 in southern…
Read More » - Tech
Odfjell Drilling wins NCS Performance Awards
During the Rystad Energy’s award ceremony in Oslo on 1 February 2017, Odfjell Drilling received the Oilfields Service award “Gullkronen…
Read More » - Oil & Gas
Construction contract signed for second string of TurkStream’s offshore section
South Stream Transport B.V. and Allseas Group signed on February 20 in Amsterdam a contract to build the second string…
Read More » - Oil & Gas
Flowserve to supply pumping equipment for massive refinery in China
Flowserve Corporation, a leading provider of flow control products and services for global infrastructure markets, announced recently an order close…
Read More » - Oil & Gas
Gazprom and CNPC to extend strategic cooperation
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Zhang Gaoli, Vice Premier of the State…
Read More » - Oil & Gas
Southern Gas Corridor to be finalized by 2020
Azerbaijan aims to finalize Southern Gas Corridor by 2020, Azerbaijani President Ilham Aliyev stated recently. Speaking at “On the Road…
Read More » - Event
Transition to a sustainable energy mix: The contribution of the o&g industry
Offshore Mediterranean Conference & Exhibition 2017 will be held in Ravenna, Italy, on March 29-31, 2017. OMC 2017 will address…
Read More » - Opinion
Key to Europe’s future competitiveness
Current times are challenging both globally and in Europe. Anti-globalisation and protectionism are on the rise in many countries and…
Read More » - Interview
Torgeir Olsen: The drill floor robots are coming!
We talked to Torgeir Olsen, Country Manager and Business Development Manager - Iran and Special Projects, former Operation Manager and…
Read More » - Opinion
OPEC getting ready to extend the output cut
On the background of weak international oil market, with an oil price going around the level of USD 50 per…
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