Petroleum Newsroom
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World Bank expects Egypt to hit 2nd highest growth rate in MENA
[ad_1] CAIRO – 2 April 2019: The World Bank expected Egypt to achieve a growth rate of 5.5 percent during…
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Bitcoin soars past $5,000, mystery buyer seen as catalyst
[ad_1] LONDON (Reuters) – Bitcoin burst to its highest level in almost five months on Tuesday, sending smaller cryptocurrencies up,…
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Oil hits 2019 high on OPEC cuts, concerns over demand ease
[ad_1] LONDON (Reuters) – Oil hit a 2019 high above $69 a barrel on Tuesday on the prospect that more…
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Maersk Supply’s vessel starts DeepOcean job
[ad_1] Offshore services provider DeepOcean has hired a subsea construction vessel from Danish offshore shipowner Maersk Supply Service (MSS). Maersk…
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Tullow names Petrofac well operator for North Sea decommissioning project
[ad_1] zoomThames complex; Source: Perenco Oilfield services provider Petrofac has been appointed well operator by Tullow Oil for the next…
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Bolt, Europe’s answer to Uber, launches electric scooters in Madrid
[ad_1] It’s a phenomenon that’s seen wild popularity — and infamy — in some U.S. cities. Now, the electric scooter…
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Jadestone returns to Stag drilling as cyclone Veronica weakens
[ad_1] zoom Jadestone Energy has restarted drilling operations at its Stag oilfield located offshore Australia following the…
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Subsea 7 in double win offshore Saudi Arabia
[ad_1] zoomImage source: Subsea 7 Offshore installation and construction company Subsea 7 has been awarded two contracts from Saudi Aramco…
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OPEC supply cuts, US sanctions in focus
[ad_1] Oil prices rose to fresh highs for the year on Tuesday, after a U.S. official said Washington is considering…
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Alam Maritim to work on Vestigo’s offshore pipeline
[ad_1] zoomBerantai FPSO; Source: Keppel Malaysia’s Alam Maritim Resources Berhad has been awarded a contract for the provision of engineering,…
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