News & Events
North Sea oil sandwiched as U.S. ships crude like never before
World Oil/10 October 2017 LONDON (Bloomberg) — As crude oil gushes out of the U.S. like never before, it looks increasingly like North Sea oil will suffer collateral damage. America…
Read MoreLundin Petroleum spuds exploration well on Hufsa prospect in the southern Barents Sea
World Oil/10 October 2017 STOCKHOLM — Lundin Petroleum AB (Lundin Petroleum) has announced that its wholly-owned subsidiary, Lundin Norway AS (Lundin Norway), has commenced drilling of exploration well 7219/12-2 on…
Read MoreStatoil reports oil discovery in Verbier sidetrack on UK continental shelf
World Oil/10 October 2017 STAVANGER — Statoil and partners have made an oil discovery in the Verbier sidetrack well in the outer Moray Firth on the UK Continental Shelf, proving…
Read MoreSembcorp Marine disposes nine jackup rigs for $1.8b
Singapore Business Review/9 October 2017 Their worth is a 30% drop from the original value. Sembcorp Marine disposed nine jackup rigs to Borr Drilling Limited (Borr) for $1.8b (US$1.3b). According…
Read MoreTotal reinforces its exploration in West Africa
World Oil/9 October 2017 ARIS — Total and the National Office of Petroleum of Guinea (ONAP) signed a Technical Evaluation Agreement to study deep and ultra deep offshore areas located…
Read MoreParadigm launches new cloud-based production management solution
World Oil/9 October 2017 SAN ANTONIO — Paradigm today unveiled Paradigm k, its new Production Management solution, in the company’s booth #3163, at the 2017 Society of Petroleum Engineers Annual…
Read MoreSkillsFuture helped companies fill skills shortage in IT industry
HR In Asia/6 October 2017 Recent independent research conducted by Robert Half reveals how the government’s SkillsFuture initiative has brought positive impacts to the Singapore’s information technology (IT) sector. Surveying…
Read MoreNew institute to help hr professionals build a happier and more productive workplace
HR In Asia/5 October 2017 Named as OrgDev Institute (ODi), a new institute aiming to help human resource professionals with the new DNA of employees and emerging technology challenges was…
Read MoreFukushima operator gets first safety approval since 2011 tsunami disaster
The Straits Times/4 October 2017 TOKYO (AFP) – The operator of the crippled Fukushima nuclear plant cleared a major regulatory hurdle Wednesday (Oct 4) to restart two reactors in Japan,…
Read More‘The new OPEC bromance’: How Saudi Arabia and Russia are bonding over oil
CNBC/3 October 2017 A $1 billion fund will see Russia and Saudi Arabia strengthen their cooperation in oil, gas, electricity and renewable energy It signifies an increasingly close strategic partnership…
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