The Schlumberger lawsuit is a lesson for employees “not to pay lip service” to legal contracts, according to an employment law expert.
Oil & Gas
Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.
Nimbleness and responsiveness to client needs are seen as at the heart of Churchill Drilling Tool’s appeal to operators seeking downhole circulation support, the company’s manager for the Middle East and Asia Nicholas Kjaer has said.
Baker Hughes is shoring up its position in Abu Dhabi, opening a new wellhead repair and maintenance facility in the country last week, while talking up its various positions in the region.
The European Investment Bank (EIB) has announced it will end all financing for oil and gas from the end of 2021.
Oil gained after an American official hinted that the U.S. and China are close to locking down a partial trade deal, offsetting rising global oil supplies.
It has been a long time coming, but Savannah Petroleum has completed its acquisition of Seven Energy, broadening its focus from Nigerien exploration to including Nigerian production.
A strong showing from its Dutch onshore gas fields, a drop in exploration work and the sale of stakes in Faroe Petroleum swung Parkmead Group back to profit in 2018-19.
Saipem SpA is considering a combination with rival Subsea 7 SA to create a larger European oil services provider, people with knowledge of the matter said.
Italian oilfield services firm Saipem has won a subsea contract in Guyana, as well as additional work in regions including the North Sea, worth £684.6million.
Australia’s Talon Petroleum has announced plans to boost its acreage in the UK North Sea.
A Scottish dry dock which is seeking to host major North Sea decommissioning and renewables projects has received a £1million upgrade.
Spain’s Iberdrola SA has selected a site for its first project in the Asia-Pacific region, as Europe’s biggest renewable generator looks to expand beyond its core markets.
Ancala Midstream, the operator of major North Sea infrastructure like the Beryl and Sage pipeline systems, has bolstered its senior management team.
National Grid is confident it can resolve issues in the US after the governor of New York threatened to revoke its gas licence.
Activist investor Carl Icahn said Occidental Petroleum Corp.’s new target for assets sales won’t be achieved without a “fire sale” that includes its pipeline system, Western Midstream Partners LP, which was already shopped to potential buyers earlier this year.
Energy giant SSE should have the sale of its Greater Laggan Area gas assets wrapped up by March 2020, according to the company’s chief executive.
EnQuest has announced it recently sent a work party to assess the next steps for its stricken Thistle Alpha platform in the North Sea.
North Sea oil and gas veteran Graham Stewart said yesterday a sense of “unfinished business” spurred his decision to launch a new, acquisition-hungry player.
Premier Oil said today that its investment in the Catcher project had already been covered by production from the field.
North Sea oil and gas companies are dodging responsibility for the well-being of offshore workers at the expense of profit, according to a damning new helicopter safety report.
Increasingly more recoverable barrels of oil and gas around the world are coming from corporate mergers and acquisitions, and not from traditional exploration.
The Middle East has been a mainstay of Penspen and confirmation of that came earlier this week, with the announcement of a project management consultancy (PMC) award from Abu Dhabi’s ADNOC.
Energy Voice and Granite PR have held their first co-branded Gateway event in Abu Dhabi, with a pre-conference breakfast involving ADNOC, where the importance of innovation and co-operation was high on the menu.
Maersk Drilling has won a £30.3million contract for work in the Caribbean with a subsidiary of energy giant Shell.