Press Releases

CNOOC Limited announced its business strategy and development plan for the year 2020. The Company’s targeted net production for 2020...

ExxonMobil to sell Norway upstream operations for $4.5 billion

ExxonMobil secures exploration acreage offshore Egypt

by venkat

“These awards strengthen our exploration portfolio in the Eastern Mediterranean,” said Mike Cousins, senior vice president of exploration and new...

BP invests in Chinese AI energy management tech specialist R&B

by venkat

BP Ventures has invested in energy management specialist R&B, BP’s first venture into artificial intelligence (AI) technology in China. R&B’s...

LUKOIL’s Integrated Production Model Recognized as The Best Oil and Gas IT Project

by venkat

LUKOIL was announced winner of the ComNews 2019 award for Best oil and gas IT project for its integrated production...

Total Acquires Interests into Two New Offshore Licenses in View of Developing a New Production Hub

by venkat

December 18, 2019

Total has signed a sale and purchase agreement with state-owned Sonangol of Angola to acquire interests in Blocks 20/11 and...

Pemex reports discovery of giant oil field in Quesqui

by venkat

December 18, 2019

The President of Mexico, Andrés Manuel López Obrador, accompanied by the General Director of Petroleos Mexicanos (Pemex), Octavio Romero Oropeza,...

ABB completes delivery for the worlds most advanced icebreaking LNG carrier fleet

by venkat

December 18, 2019

Final vessel in 15-ship series enters service for Yamal LNG project ahead of schedule, powered by ABB’s leading-edge technology. Yakov...

Valero Announces Long-Term Agreements for Three Additional Refined Product Terminals in Mexico

by venkat

November 26, 2019

Valero Marketing and Supply de México, S.A. de C.V., a wholly-owned subsidiary of Valero Energy Corporation announced that it has...

ABB proves world-first subsea power technology system, signaling new era for offshore oil and gas

by venkat

November 26, 2019

ABB’s pioneering subsea power distribution and conversion technology system is commercially viable, bringing groundbreaking potential for cleaner, safer and more...