Global drilling and engineering contractor KCA Deutag (“KCAD”) today announces that its land drilling operation has won new contracts and contract extensions worth approximately $110M.…
Today In Oil and Gas
There are plenty of stereotypes and misnomers when it comes to describing Chartered Professional Accountants (CPAs). However, today’s CPAs are working in diverse business fields…
The incessant information is troubling. The issues are complex. The public is clearly calling for clarity. But the provincial government has so far chosen to…
Dutch offshore service provider Ampelmann has opened a new office in Sakhalin, Russia, in a move to expand its presence in the local market. The…
UK-based Marginal Field Development Company (MFDevCo) has entered into an initial two-year agreement with Siemens’ oil and gas engineering subsidiary, Dresser-Rand Group. Numerous “stranded fields”…
Wildcat well 7132/2-1 was drilled about 109 mi (175 km) north of Vardø, in the southeastern part of the Barents Sea. The primary exploration target…
Saudi Arabia plans to reduce its crude oil production further, to 9.8 million bpd in March, Energy Minister Khalid al-Falih said in an interview for…
Neptune Energy has today been awarded an operated oil exploration licence in the North West El Amal offshore concession in Egypt by the Egyptian General…
The political crisis in Venezuela risks disrupting global crude markets as the type of oil pumped by the OPEC member becomes increasingly scarce, according to…
India announced a third round of auctions in a year for oil and gas blocks under a more liberal policy, targeting to raise as much…