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      Xcite Energy signs MOU with China Oilfield Services for Bentley field, UK North Sea

      Xcite Energy has signed a memorandum of understanding (MOU) with China Oilfield Services (COSL) to purchase a harsh environment jack-up drilling rig for the...

      Oil falls to near $78 on Japan recession news

      The price of Brent crude oil dropped by more than $1 to near $78 a barrel on Monday, following news that Japan is now...

      GE opens $500m R&D centre in Brazil for subsea oil and gas research

      General Electric (GE) has opened its new $500m global research and development (R&D) centre in Brazil, which will focus on subsea oil and gas...

      GE to supply turbomachinery for Petronas’ second floating LNG facility

      GE Oil & Gas has secured a contract to supply its gas turbine-driven compressor train and mechanical drive technology to Malaysia's Petronas.   The...

      Oil falls below $70 as Saudi Arabia cuts crude price to US and Asia

      The price of Brent crude oil fell below $70 a barrel today following Saudi Arabia's decision to cut its monthly prices for crude sold...

      Searcher Seismic to conduct 9,000km 2D survey in Ireland

      Searcher Seismic has announced it will carry out a 9,000km Echidna Regional Broadband 2D seismic survey in Ireland. The survey, which will be undertaken...

      Carnarvon Petroleum to sell remaining interests in Thailand to Berlanga

      Carnarvon Petroleum has agreed to sell its remaining 20% interest in three Thailand oil production concessions to Berlanga Group for $58.2m. The transaction includes...

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      White Papers

      US Polyethylene Export Market Report 2017-2020

      Petrochemical Update released a detailed new whitepaper today, the US Polyethylene Export Market Report 2017-2020 a large 60+ page report detailing the fast-changing US...

      Embedded SSD Flash Management

      This white paper will explore NAND flash technology and its inherent problems, and explain how proper flash management algorithms can address these issues and...

      Enterprise SSD: More Than Just a New Kind of Hard Drive

      SSDs deliver unmatched data center performance. As solid-state drives (SSDs) are increasingly deployed throughout the enterprise, data center and IT managers need to fully...

      Efficiency, Visibility and Reliability Keys to lower costs and greater profitability in oil and gas operations

      Falling oil prices and collapsing profit margins are driving the industry to lower costs. Reducing labor costs and gaining supplier concessions can help, but...