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McDermott Wins Vietnam Pipeline Contract

Delta Offshore Energy has awarded McDermott International Ltd. a contract to provide front-end engineering and design (FEED) services for a subsea natural gas pipeline in…

Baker Hughes Reports Drop in Oil Rigs

Baker Hughes Co. on Friday reported the total number of rotary drilling rigs operating in the United States held flat at 254 this week. The…

Price of Gas for Population in Ukraine to Grow by 30% in September 2020

The price of gas for the population of Ukraine in September 2020 will increase by 31.06% compared to August 2020 – up to 4.7 hryvnia…

China Sees Record-Breaking Electricity Consumption In August

China’s electricity consumption hit a record this month after rising steadily since the start of summer, the People’s Daily reported, noting that the trend suggested a…

U.S. Oil And Gas Lease Sales Resume Despite Weak Interest

Despite the wave of U.S. oil and gas industry bankruptcies and layoffs as a result of the pandemic, the United States government has decided to…

Turkey to Continue to Import Russian Gas Further, but at New Price

 Turkey is counting on cooperation with the Russian Federation in connection with the discovery of a gas field in the Black Sea, said the head…

ICGB utilizes first €30 mln in EIB loan for the realization of the Greece-Bulgaria pipeline

The project company ICGB which is responsible for the implementation of the Greece-Bulgaria gas interconnector, has successfully utilized the first tranche of the loan financing…

Weir Oil & Gas signs strategic services contract in UAE

Weir Oil & Gas Dubai has signed a three-year agreement for servicing and repairing pumps and motors with a national oil company in the UAE….

Syria Faces Blackout After Terrorists Attack Gas Pipeline

Power was cut across Syria on Monday after a major gas pipeline exploded in an incident described as a terrorist attack by Syria and attributed…

Malaysian Oil Major May Buy Permian Driller

Malaysia’s Petronas, the national state oil and gas company, is in talks to take over Permian driller DoublePoint Energy, Bloomberg reported, citing sources in the know who…

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