nationalization

Oil Price Drop Brings Mixed Employment Blessings

According to a report by Oxford Strategic Consulting the current period of low oil prices could be an opportunity for GCC-based oil and gas companies to invest in and diversify talent.

Iran to Pursue EOR Contracts Internationally

Press TV quoted Mohammad Keramati, the head of the Iranian Research Institute of Petroleum Industry, as saying that more than 490b barrels of Iran’s oil reserves are not recoverable without the right technologies.

Venezuela to Pay Compensation for ‘Lawful’ Vessel Nationalizations

A World Bank tribunal has ordered Venezuela to pay oil service company Tidewater around $46 million in compensation for seized vessels, in a decision the South American country hailed as a victory.

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