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      Statoil ASA to increase its ownership in Lundin Petroleum AB through swap agreement

      Europe
      Statoil ASA has entered into an agreement with Lundin Petroleum AB (Lundin Petroleum) to divest its entire 15 percent interest in the Edvard Grieg...

      Enis production reaches 65,000 boed with Nooros field just 10 months

      Europe
       Eni, following the start of production of the Nidoco North 1X exploration well and the Nidoco North West 4 development well, brought the production...

      Petrobras secures extensions of concession for Marlim and Voador fields in Brazil

      America
      Petrobras has signed an extension of the concession contracts for the Marlim and Voador fields with the National Petroleum Agency (ANP) until 2052. The...

      Omnix International forms partnership with AVEVA dedicated to KSA, Kuwait and Qatar Oil and Gas

      Middle East & South Asia
      Omnix International, the provider of technology enabled solutions to the Middle East and AVEVA, the world’s leading engineering software provider, have today announced a...

      Vermilion Energy reports first gas from Corrib project

      Europe
      Vermilion Energy said Wednesday that natural gas had started to flow at the company’s Corrib gas project in Ireland. Production levels at Corrib are...

      PDVSA maintains crude production levels

      America
      Petróleos de Venezuela announces that crude production levels have remained stable for the first quarter 2016,despite the strong financial impact of falling oil prices...

      Iran Fresh Approach Towards Europe Medium Businesses

      Asia Pacific
      Iran aims to take a new approach to kick off fresh cooperation with Asian and European medium oil businesses, Iranian Deputy Oil Minister for...

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      US Polyethylene Export Market Report 2017-2020

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      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...

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

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

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

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