Upstream

Petrofac, the international oil and gas services provider has received an award notification for Kuwait Oil Company's (KOC) gathering centre...

Africa

Foster Wheeler-Led JV Awarded Feed Contract For Nafusah Onshore Oilfield Development In Libya

Foster Wheeler AG (Nasdaq:FWLT) announced today that a subsidiary of its Global Engineering and Construction Group, in joint venture with...

Asia Pacific

Eni Enters Myanmar: Production Sharing Contracts Signed For The Exploration Of Two Onshore Blocks

Eni, following its participation in the competitive International Bid Round launched by the Republic of the Union of Myanmar, signed...

Middle East & South Asia

Essar Projects Bags USD 54 Million Maiden Contract From Saudi Aramco

The Hydrocarbon SBU of Essar Projects, a global EPC (engineering, procurement, construction) contractor, has secured its maiden contract from Saudi...

New Jacobs Location Delivers Construction Services In Permian Basin

Jacobs Engineering Group Inc. (NYSE:JEC) announced today the opening of its Odessa, Texas office and central equipment yard, which significantly...

ExxonMobil Continues To Increase Wolfcamp Position In Permian Basin

Exxon Mobil Corporation (NYSE:XOM) today announced it entered into a non-monetary exchange agreement with LINN Energy, LLC (NASDAQ: LINE) to...

Schramm offers 24/7 service for active U.S. plays

WEST CHESTER, Pennsylvania â€“ Schramm Inc., a manufacturer of land-based hydraulic drilling rigs, has announced a partnership with FEMCO, an...

Proppant volume fell as customers used more sand, Carbo says

HOUSTON (Bloomberg) -- Carbo Ceramics Inc., the largest supplier of man-made proppants for the oil and natural gas industry, said...

U.S. crude output surges to highest since ‘ 86 on shale boom

WASHINGTON, D.C. (Bloomberg) -- U.S. crude production climbed to the highest level in more than 28 years last week as...

Europe

Statoil declares Arctic gas find non-commercial