Rosneft and BP have signed an agreement to jointly explore for hard-to-recover oil in Russia, the first major deal for the state-run oil company since the West imposed sanctions on Moscow.
Rosneft chief executive Igor Sechin, a cl
Bahrain is open to new joint ventures, especially in the fields of oil and gas exploration and downstream facilities, said a senior government official.
Finance Minister and Minister in charge of Oil and Gas Affairs Shaikh Ahmed bin Moh
Oil company BP has announced a major oil discovery at its Gila prospect in the deepwater US Gulf of Mexico on Wednesday along with a $1.08 billion writedown on a failed exploration well offshore Brazil.
"The Gila discovery is
Egypt has signed oil and gas exploration agreements with Apache Corporation, Royal Dutch Shell and GDF Suez, the Egyptian state news agency reported.
The agreements are for exploration in Egypt's eastern and western deserts an
Lloyd’s Register (LR), a major provider of assurance and expert advice, has announced a major investment in global services company Senergy in a move to offer services in the upstream sectors of exploration, production and transportation.
French oil company Total will partner with US major Exxon Mobil and Kuwait's Kufpec in South Sudan to search for oil in the restive Jonglei state, a senior lawmaker in the African country said.
Sudan's 1983-2005 civil war
France's Total said it aimed to start offshore exploratory drilling in Libya next month for gas, in a further sign the Opec member's energy industry is returning to normal after the 2011 war.
Speaking at the Libya Oil &
He is one of the Middle East oil and gas industry’s most powerful men. And probably one of its busier individuals, in charge of a portfolio of strategic interests stretching across the region. But in the relative calm of corporate headquar
Iraq will sign initial contracts in July with three foreign companies that won deals to explore oil and gas blocks as it looks to attract more foreign investment to develop its energy sector.
The Opec member is expected to be the world'