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Scottish oil and gas tech start-up obtains £1.5 million

A start-up company based in An Aberdeen has won funding estimated at £1.5 million to develop new technology for the oil and gas industry.

read more... 12/03/2015

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New oil and gas facility opened by GE for subsea projects in Australia

A new oil and gas facility has been opened by General Electric (GE) in Broome, Western Australia to service subsea projects.

read more... 10/03/2015

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Statoil: contract of NOK 8 billion for oil platform awarded to Aibel

Statoil has awarded a deal estimated at NOK 8 billion (£0.7bn) to construct an offshore drilling platform.

read more... 26/02/2015

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Canada imposes fresh sanctions on oil giant Rosneft, Rostec CEO

Canada has imposed new sanctions against Russian oil conglomerate Rosneft and Rostec CEO, Sergei Chemezov, blaming Russia for military backing of the separatists in eastern Ukraine.

read more... 18/02/2015

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Egypt working on oil and gas exploration agreements estimated at $9.2 billion

Egypt works on three major oil and gas agreements estimated at $9.2 billion, after attracting investment of approximately $2.9 billion for oil and gas exploration in only a year, as stated by a representative of the energy ministry.

read more... 06/02/2015

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