RIA Novosti reported that Russian British oil JV TNK-BP has won a tender to buy one of Russia’s last three major unexploited Soviet era oilfields in a deal likely to benefit oil giant Rosneft. The Federal Subsoil Agency said that ...
Tags: RIA Novosti, oilfields, Rosnef, oil industry
The Associated Press reported that the number of rigs actively exploring for oil and natural gas in the US fell this week by six, to 1,811. Texas based oilfield services company Baker Hughes Inc reported Friday that 1,386 rigs were ...
Tags: exploring for oil and natural gas, gas-producing states
Bri Chem Corp a leading North American wholesale distributor and manufacturer of oil and gas drilling fluids and steel pipe is pleased to announce that Bri-Chem has closed a ten million dollar subordinated debt facility with Fulcrum Capital ...
Tags: oildrilling, gas drilling, steel pipe, Fulcrum Capital Partners
Leading oil and gas service provider Petrofac has won two engineering, procurement and construction contracts worth around USD 1.4 billion from Saudi Aramco for its Jazan Refinery and Terminal project. A statement from the British ...
Tags: oil, gas, Petrofac, oil refinery
According to the country's Ministry of Energy and Coal Industry, Ukraine reduced gas consumption 9.7% YoY to 41.162 billion cubic meters in January to October 2012. The ministry said that gas consumption in October decreased by 22.7% YoY ...
Tags: gas consumption, Ministry of Energy and Coal Industry, transit of gas
Ukraine's Energy and Coal Industry Ministry has again requested of the Energy Community Secretariat the immediate initiation of consultations over the South Stream gas pipeline project which runs counter to Ukraine's national interests. ...
Tags: gas pipeline project, unified energy market, gas-transport system
Rolls-Royce secures £100 million contract with Atlantico Sul to equip seven drill ships for Petrobras Thursday, Dec 13, 2012 Rolls-Royce, the global power systems company, today announced an order worth more than £100 million ...
Tags: Transportation, Service
Vallourec world leader in premium tubular solutions, announced the expansion of its VAM® Connection Technology Center in Houston. This center will enable Vallourec to support its customers' needs with new, innovative products, and to ...
According to statistics released by the China Customs, China exported 230,400 tons of welded steel pipes in October, decreasing by 29.5% from a month ago. Among them, the exports of line pipes totaled 89,900 tons, slumping by more than ...
Tags: welded pipes, welded steel pipes, steel pipes, line pipes
Aberdeen based oilfield services firm, Coretrax, has moved to a new purpose built HQ with an investment of GBP 2.4 million into the office and workshop space. Formed in 2008, the company had outgrown its previous offices in Altens, ...
Tags: oilfield services, oilfield, oil aindustry, gas industry
Menmedia reported that a steel business is targeting growth after receiving a GBP 700,000 finance package from Yorkshire Bank. Radcliffe based Steel Dynamics was founded in September to supply stainless steel, duplex and nickel alloys to ...
Tags: Steel Dynamics, steel, stainless steel, nickel alloys
Trans Caspian gas pipeline project should be viewed within sovereign rights of Azerbaijan and Turkmenistan. The negotiations on the legal status of the Caspian Sea are held in both bilateral and multilateral format within a special ...
The latest Manpower Employment Outlook Survey results show hiring sentiment for the start of 2013 will remain cautious, with Australian employers reporting a Net Employment Outlook of +8%, unchanged quarter-over-quarter and six ...
Tags: Outlook Survey, hiring sentiment, remain cautious, slowdown
Dematic Real Time Logistics was presented with the Wesfarmers Industrial & Safety (WIS) Service Provider of the Year Award at Wesfarmers' recent Supplier of the Year Awards in Sydney. WIS is a leading provider of industrial and safety ...
Tags: Dematic Real Time Logistics, WIS, Year Award, leading provider, Dematic
Interfax reported that the National JSC Naftogaz Ukrainy transferred on December 7th 2012 over USD 850 million to Russian gas giant OJSC Gazprom for natural gas imported to Ukraine in November 2012. Naftogaz Ukrainy has been meeting its ...
Tags: Interfax, gas, Gazprom, natural gas