Oil&Gas

  • UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016

    UK’s North Sea Oil Industry May See 45,000 Jobs Cut in 2016

    Tuesday, 29th March 2016
    British Oil and Gas companies located in UK's North Sea region could let go up to 45,000 employees in 2016, according to Sir Ian Wood, the former Chairman of Wood Group, an energy services company.
  • India Seeks to Acquire Assets in Oil&Gas Industries in Africa

    India Seeks to Acquire Assets in Oil&Gas Industries in Africa

    Sunday, 3rd January 2016
    India announced it was opening negotiations with state-run oil and gas companies from Africa to acquire more assets on the resource-rich continent in downstream industries, hydrocarbon exploration and production, export of oilfield services, and construction of fertilizer plants.