South Asia
News
August 15, 2019
Saudi Aramco’s proposed purchase of part of India’s Reliance Industries Ltd. will allow it to regain its grip on the world’s fastest-growing oil market where suppliers including the U.S. and Russia are making inroads.
News
August 09, 2019
Pakistan’s anti-graft agency arrested its former finance minister and the former chief executive of Pakistan State Oil Ltd. as part of the Prime Minister's crackdown on political leaders allegedly involved in corruption.
Article
April 2019
Svenska Petroleum Exploration AB has commissioned Exceed to drill the first-ever deepwater well offshore Guinea Bissau, West Africa.
Article
January 2019
ABB has been awarded an integrated automation, electrification and telecommunication project, valued at $79 million, for the upgrade of Bab onshore field in Abu Dhabi, by CPECC.
Article
December 2018
Companies in the news
Article
October 2018
Norway’s largest and longest pipeline, laid by the vessel Saipem Castorone, has reached Johan Sverdrup field.
Article
September 2018
Weatherford International introduced its Rotaflex long-stroke pumping unit that improves artificial lift efficiency in deep, high-volume and high gas-to-liquids wells.
Article
September 2018
Over the next 30 years, India is predicted to be one of the world’s fastest-growing economies.
Article
August 2018
Plenty-brand screw and vane pumps from SPX Flow are engineered to pump heavy viscous fluids, and are ideal for forced lubrication of rotating machinery and fuel transfer processes.
Article
June 2018
In 2017, global natural gas demand’s above-average growth reshaped market fundamentals and prevented the development of a global natural gas bubble. Meanwhile, global natural gas consumption doubled its 2016 growth rate, and it was well ahead of the previous five-year trend.
Article
April 2018
Deep Sea Mooring (DSM) has announced that it is now carrying out operations for Maersk Drilling in Trinidad.
Article
March 2018
A “new world order” of oil production begins to emerge
Article
February 2018
Outside of the U.S., a global recovery is on the horizon for the upstream oil and gas industry.
Article
February 2018
With the recovery definitely underway, Evercore ISI predicts global E&P spending to rise 7% in 2018 following a 4% increase in 2017 and a 33% decline in 2016.
Article
February 2018
Kreuz Subsea has secured a contract supporting Larsen & Toubro (L&T) and Oil & Natural Gas Corp. (ONGC) in India.
Article
November 2017
India’s growing population, urbanization countering efforts to reduce dependency on imports
Article
September 2017
As exploration efforts go into deeper, hotter and more remote offshore basins, the need for more advanced downhole drilling and logging tools is palpable. Accordingly, a new LWD toolstring that provides real-time downhole data, while withstanding 410°F temperatures, has been developed and tested in the harsh Gulf of Thailand.
News
May 18, 2017
India’s state-owned oil companies aim to sustain spending near a three-year high, encouraged by falling oil-services costs and expanding demand.
News
May 17, 2017
Great Eastern Energy Corp. will drill 144 new wells over the next four to five years at its Raniganj block in the eastern state of West Bengal, according to CEO Prashant Modi. The company, which began looking at the block in 1993, will invest an additional 50 billion rupees in other unconventional assets, including shale.
News
May 12, 2017
India’s oil demand bounced back in April after falling for three consecutive months, recovering from the impact of the country’s move to withdraw high-value notes.
News
May 09, 2017
In a recent report Wood Mackenzie highlighted how the absence of major Asian companies from the U.S. tight oil boom could change.
