BP, the UK oil company has announced it will cut 4,000 jobs in its upstream exploration and drilling operations globally, out of which 600 will be affected within its hard-hit North Sea business, by end 2017, as a re ...
Saudi Arabia’s oil production levels will be far more significant to the global economy than Aramco's plans for the initial public offerings (IPOs) selling shares in its upstream and downstream facilities, according ...
OptaSense, a leading company in Distributed Acoustic Sensing (DAS) solutions, has signed a services agreement for upstream and downstream activities with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (Ga ...
Oman Oil Company Exploration & Production (OOCEP), the wholly owned upstream subsidiary of Oman Oil Company, plans to drill two exploration wells targeting hydrocarbon prospects in the east of the sultanate
South Korea's GS Energy said on Wednesday it had agreed to buy a stake worth 743 billion Korean won ($676 million) in a new 40-year onshore oil concession in Abu Dhabi, the latest move by import-dependent Asian count ...
Saudi Aramco senior vice-president Amin al-Nasser has been named acting chief executive of the state oil giant until further notice, Aramco said on its website on Friday.