By Mohsen Ahmed Farhan – Drilling Department Head, General Petroleum Company (GPC) Petroleum sector projects are complicated and high-risk...

The Kuwaiti Oil Company (KOC) has inked two deals to treat the soil polluted by crude oil during the...

PETRONAS has awarded Block SK437 offshore Malaysia to PETRONAS Carigali Sdn Bhd (PCSB), Sarawak Shell Berhad (SSB), and Petroleum...

Lime Rock Resources will purchase oil and gas properties in the Delaware Basin of Texas for $508.3 million from...

China’s Sinopec targets a 65% increase in its domestic natural gas output to reach 48 billion cubic meters (bcm)...

Park Energy Services has acquired a certain lower horsepower operating assets of Archrock, according to Business Wire. The deal...

Imperial Helium has successfully drilled, logged, and cased its first well, IHC-Steveville-1, on its historic Steveville Helium asset in...

Equinor acquired a 40% participating interest of Wellesley Petroleum’s licenses, including the Grosbeak and Kallåsen discoveries in an asset...

Production from the Swedish oil company, Tethys Oil –before the government’s take– amounted to 342,446 barrels of oil (bbl)...

Alexandria Petroleum Maintenance Company (Petromaint) has signed a memorandum of understanding (MoU) with China National Chemical Engineering Company (CNCEC)...