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Statoil begins construction works on Norway’s biggest oil line

Statoil made known on Monday that Italy’s Saipem has commenced operations to install Norway’s biggest crude oil pipeline, part of the Johan Sverdrup offshore expansion.

read more... 03/05/2018

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Iran wants to form common oil company with Azerbaijan

Iran wishes to create a joint oil firm together with Azerbaijan. Amir Hossein Zamaninia, the Islamic Republic’s Deputy Oil Minister for International and Commercial revealed that the company will be formed within the framework of an agreement recently inked between the two parties.

read more... 30/04/2018

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BP and Petrobras ink exploration MoU

BP and Petrobras have inked a Memorandum of Understanding (MoU) to explore a huge diversity of joint projects, both in Brazil and around the rest of the world.

read more... 17/04/2018

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Total and ExxonMobil plan to drill ultra-deepwater well in Mexico

Total and ExxonMobil will drill the first deepwater well in a block offered at a Mexican hydrocarbon auction held in October.

read more... 26/03/2018

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Shell and GT Bank granted a $270 million oil-backed loan to Nigerian firm Amni

Nigeria’s Guaranty Trust Bank and a subsidiary of Royal Dutch Shell have agreed to offer a $270 million loan to independent Nigerian oil and gas producing company Amni International.

read more... 15/03/2018

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