OTTO Marine said yesterday that its subsidiary, Reflect Geophysical, has been awarded a US$10 million contract from Crown Minerals - the arm of the Ministry of Economic Development of New Zealand that manages the oil, gas, mineral and coal...
GE Oil & Gas has enhanced its European drilling and production equipment repair, maintenance and refurbishment capabilities with the official opening of a new global services facility in Montrose, Scotland. $5 million (£3 million) has been invested
US contractor Fluor and China Offshore Oil Engineering Corporation(COOEC) have
joined forces to pursue large offshore oil & gas projects in the
Asia-Pacific region including China and Australia.
Indices ended yet another lukewarm session little changed on Wednesday, in line with other global markets and due to lack of buying activity at current levels.
GE Oil amp Gas advanced steam turbine technology has won CSP Todays Best Applied Research and Development Award for innovation in concentrated solar power. The awards ceremony was organized in
Panic gripped residents of in the Saharpur panchayat in Bhadrak district, nearly 170 km from here with crude oil and gas leaking from the Haldia-Paradip pipeline of Indian Oil Corporation at the Jafrabad village inundating the farmlands on late...
Russian oil industry services firm Eurasia Drilling on Tuesday scrapped plans to place Global Depositary Receipts (GDRs) and pay a one-off interim dividend after bids failed to match the company's expectations.
ExxonMobil's plan to double the size of its petrochemical capacity in Singapore shows how much the world has changed in two regards. Daniel Yergin, chairman of IHS Cambridge Energy Research Associates tells CNBC's Martin Soong & Sri Jegarajah more.
Northern Offshore's subsidiary, Energy Offshore, was awarded an extension of
its ongoing drilling services contract with Maersk Oil & Gas for the
jack-up Energy Endeavour.
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