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Petrobras has signed an extension of the concession contracts for the Marlim and Voador fields with the National Petroleum Agency (ANP) until 2052. The Production Phase of the field was extended in line with Resolution 2/2016 issued by the National Energy Policy Council (CNPE), which authorized the Agency to extend…
Mr. Mukesh Ambani, Chairman and Managing Director of Reliance Industries Limited, was conferred the prestigious Othmer Gold Medal for his entrepreneurial leadership that has resulted in the expansion of India’s petroleum refining industry, creation of the Jamnagar Refinery in Gujarat – the largest grassroots petroleum refinery in the world, and…
Iran aims to take a new approach to kick off fresh cooperation with Asian and European medium oil businesses, Iranian Deputy Oil Minister for International Affairs said.   Amir Hossein Zamaninia made the remark in the sideline of the 21st Tehran International oil show, adding that expanding ties with Dutch…
Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest in the Edvard Grieg field for an increased shareholding in Lundin Petroleum.   The transaction also includes divestment of a 9 percent interest in the Edvard Grieg Oil pipeline and…
It does not necessarily reflect the views of Rigzone. If you spent a few hours stopping people on the street and asking whether or not they like the oil industry, chances are you wouldn’t find many folks who are huge fans. A recent Gallup poll confirms this with numbers showing…
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