News / International
Gazprom Neft, OMV Sign MoU
Russia's Gazprom Neft and Austria's OMV signed a memorandum of understanding (moU) for working together on Iran’s oil and gas projects.
Saudi Aramco Raises Crude Prices to Asia, USA and Northwest Europe
Saudi Arabia, the world’s largest oil exporter, raised pricing for July sales of all crude grades to Asia, the USA and Northwest Europe.
TechnipFMC Wins Coral South FLNG Deal , Offshore Mozambique
TechnipFMC's TJS Consortium has been awarded a contract for the Coral South FLNG project offshore Mozambique.
GE to Upgrade Songas’ Ubungo Power Plant , Tanzania
GE’s Power Services business announced that it signed MYA with Songas to upgrade equipment at Songas’ Ubungo Power Plant.
South Sudan to Drill 30 More Wells in 2017
South Sudan expects to drill 30 new wells this year and almost double the current oil output to 200,000b/d, the petroleum minister announced.
Oil Jumps as Arab Countries Cut Ties with Qatar
Oil jumps 1.5% as Egypt, Saudi Arabia, Bahrain and the United Arab Emirates effectively create a land and air blockade of Qatar.
Rosneft to Explore and Develop Fields in Iraq’s Kurdistan
Rosneft and the government of Kurdistan signed production sharing deals for five oil blocks.
Russia to Welcome Saudi Investment in Oil Driller Eurasia
The Russian Direct Investment Fund (RDIF) would welcome Saudi investments in Russia's largest oilfield services company Eurasia Drilling.
