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Chinese oil and gas industry is big business

Major Chinese companies now rank among the biggest national contingents at one of the world’s largest oil and gas industry events, the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC), as they look to secure an increasing share…

Women in Energy Conference highlights growing role of women in oil and gas workforce

The closing day of ADIPEC has put the spotlight on the growing importance of women in the oil and gas workforce, with industry role models leading the Women in Energy conference.

Victoria Oil & Gas hits gas in Cameroon

London-listed Victoria Oil & Gas has hit more than 84 metres of net gas sands after the latest drilling programme in Cameroon.

Challenges remain for new investments in heavy oil processing in Canada, says IHS Markit

Despite market changes, including some to the benefit of heavy oil processing in recent years, challenges still remain for investing in new heavy oil processing capacity in North America, says a new study by IHS Markit.

Statoil signs US$2.9 bln deal with Petrobras that triples its oil production in Brazil

Statoil and Brazil’s national oil company Petrobras have signed a deal that sees Norway’s oil giant buy a 25 per cent interest in Roncador, a large oil field in the Campos Basin in Brazil, for US$2.9 bln.

McDermott wins North Sea Tyra contract from Maersk Oil

McDermott International, Inc. said it won a substantial contract valued between US$500 million and $750 million from Maersk Oil for engineering, procurement, construction and commissioning (EPCC) services for the Tyra Redevelopment project, located…

Premier produces first oil off UK's Catcher field

First oil was produced from the Premier Oil-operated Catcher field, offshore UK on Dec. 23 with initial stable production expected at around 10,000 barrels per day.

Algeria in discussions for Iraqi oil and gas investment

Algeria is in discussions with Iraq for partnership in oil and gas investment, the Iraqi oil ministry said after oil ministers of the two countries held bilateral trade talks.

Byron Energy hits oil in third Gulf of Mexico well

U.S. oil company Byron Energy said it drilled its third successful well in the Gulf of Mexico with the finding of hydrocarbons at the F3 well on the South Marsh Island Block 71 (SM 71).

Digitalisation to make oil and gas exploration cheaper

Khalid Bin Hadi, senior executive vice president and head of Oil, Gas & Petrochemical, at Siemens Middle East speaks about the impact of digitalisation on the oil and gas industry