Tuesday, June 19, 2018
OIL and fuel unbiased Upland Resources has raised £three million because it targets a prospect off Scotland in a improvement which displays confidence amongst City buyers within the exploration potential of the North Sea.Upland stated the fundraising will depart...
Two of Libya’s largest oil ports stopped loading crude after armed forces clashed close by, taking extra bbl off the market simply as OPEC mulls proposals to spice up manufacturing.Workers had been faraway from the Es Sider and Ras...
Donald Trump renewed his Twitter assault on OPEC, pushing the case for decrease oil costs per week earlier than the cartel meets to set manufacturing coverage."Oil costs are too excessive, OPEC is at it once more. Not good!,” the...
The Oil and Natural Gas Corporation Limited (ONGC) has efficiently moved 29 cell offshore drilling rigs previous to the Indian monsoon season.Aqualis Offshore assisted with the massive majority of the rig strikes, which had been carried out with the...
Saudi Arabia has floated a number of oil output hike plans to fellow OPEC members, together with one with a two-step enhance, as the dominion seeks methods to slim variations with Russia and the remainder of the cartel, based...
The Ministry of Hydrocarbons of the Republic of Congo has introduced the promotion of the Congo-Brazzaville License Round Phase 2 2018/19 at Africa Oil Week, Nov. 5-9, 2018. Congo Minister of Hydrocarbons, Jean-Marc Thystère Tchicaya said, “With the assist...
The offshore trade faces a future the place utterly unmanned platforms are operated, inspected and maintained by groups of autonomous robots. Andrew Wade stories on the most recent in offshore automation. In some ways, the offshore trade is an...
Formal approval by the Norwegian parliament of Equinor’s plan to develop the Johan Castberg area within the Barents Sea indicators the beginning of an formidable challenge that's poised to generate some NOK 264 billion ($33 billion) in income, in...
Japanese commodity buying and selling home Itochu is looking for patrons for stakes in two North Sea oilfields, a pipeline and a terminal, a doc seen by Reuters exhibits.The sale, run by Scotiabank, may fetch as much as $250...
The UK’s greatest commerce union has known as for presidency intervention within the North Sea vitality sector to guard working situations. Unite claimed strategic planning was required between the UK and Scottish Governments to make sure most financial restoration...
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