Lufkin, an American oilfield and power transmission products supplier, announced its intention to build a production plant near Romanian oil center, Ploiesti.
read more... 14/07/2010
Russia’s export duty might rise in August based on the oil price gains on the world market in June.
read more... 13/07/2010
Hitec Vision acquired Statoil’s subsidiary Tampnet AS, specialized in the communication network between offshore installations.
read more... 12/07/2010
New oil sectors are available in the Romanian sector of Black Sea, where a consortium won the auction for the exploration and development of two blocks of 2,000 square kilometers, Est Rapsodia and Trident.
read more... 09/07/2010
ABB won the contract to install and maintain telecommunication systems on Statoil offshore operation, a $23 million worth deal, for the next three years, with the option to extend the period one more year.
read more... 08/07/2010