News


8/5/2014

Rosneft-PDVSA cooperates for offshore projects

July 29, 2014 - Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining and PDVSA President Rafael Ramirez signed a Cooperation Agreement to implement offshore projects in Rio-Caribe and Mejillones blocks (Phase II of the ...

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3/14/2014

Technip looks for 2014 West of Shetland growth ...

Offshore services firm Technip has landed a $1.2billion dollar deal for Tullow’s TEN project off the coast of Ghana.
The project, covering the massive development of the Tweneboa, Enyenra and Ntomme fields, will see Technip and partners Subsea 7 providing engineering on ...

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3/8/2014

Shell earnings down 31% as Nigerian crisis costs ...

Higher costs and ongoing security problems in Nigeria saw Shell’s third quarter earnings drop 31% compared to last year.
The Anglo-Dutch energy giant posted earnings of $4.2billion for the last three months, down almost a third on the $6.2billion posted this time last ...

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