News / International
McDermott Wins Contract from Qatar Petroleum
McDermott International has won a sizeable brownfield project from Qatar Petroleum for the engineering, procurement, construction and installation (EPCI) of four wellhead jacketsnd installation (EPCI) of four wellhead jackets
Former Nigerian Oil Minister Was Not Detained, Battling Cancer
Nigerian former oil minister Diezani Alison-Madueke, who is under investigation over allegations of bribery and money laundering, has breast cancer and will undergo surgery in Britain.
Russian Oil and Gas Sector Faces Sanctions, Taxes
The Russian oil and gas industry keeps encountering impediments to growth. Oil and Gas Technology noted that the Russian energy industry is likely to be forced to restructure, even as production remains at a record high.
Libya Resumes Oil Exports from Zueitina Port
Libya has begun exporting oil again from the eastern terminal of Zueitina after production restarted at a nearby oil field, Libyan oil officials said Thursday, in a rare sign of progress in that country’s embattled industry.
Venezuela Succeeds in Calls for OPEC Meeting
The Organization of Oil Producing Countries—OPEC—will hold a technical meeting on October 21st, France 24 reported.
Shell Asks Nigerian Oil Exporters to Sign Guarantee
Royal Dutch Shell has asked ship owners exporting its Nigerian oil to sign a “letter of comfort” to guarantee that its oil is not stolen.
Algeria Postpones Major Bid Round, Oil Prices Blamed
A senior Algerian energy official told Reuters that his country had cancelled a planned bid round for oil and gas exploration rights, due to low oil prices.
SABIC Optimizing for Global PetroChem Competitiveness
Sabic announced it is undertaking a global transformation aimed at creating a more agile, cost-efficient, and customer-focused organisation that meets their needs more effectively
