AxFlow A/S, part of AxFlow Group has acquired Stavanger-based OE Solutions AS & Safe supply AS - product, service and engineering experts in Oil and Offshore. The acquisition, which was formalized in September, is a next step in developing ...
China's biggest energy firm PetroChina (0857.HK) will join Exxon Mobil (XOM.N) in developing Iraq's giant West Qurna oilfield and is in talks with Russia's Lukoil (LKOH.MM) to buy into a second project at the field, industry sources said. ...
Tags: PetroChina, Iraqi Oilfield
US-based Baker Hughes on Tuesday became the second large-capital oil service company in as many weeks to issue a warning of lower fourth-quarter earnings because of weaker North American and international activity. Baker Hughes' North ...