Austria-based OMV has divested its 50 per cent stake in the offshore Ashtart oil field, located in the Gulf of Gabes in Tunisia, and another 50 per cent stake in the Tunisian oil and gas company Serept to the Anglo-French petroleum company Perenco
The Joint OPEC-Non-OPEC Ministerial Monitoring Committee’s (JMMC) report has asserted that the oil market is showing positive result towards the goal of rebalancing
Cairn Energy has published half-yearly results for six months ended 30 June 2017, emphasising that it continues to deliver progress in Senegal where planning work has commenced on the phased development of the world class SNE field
The US-based ExxonMobil has launched the Mobil Pegasus 1100 Series, a next generation series of gas engine oils, aiming to keep up with the latest gas engine developments
The Ministry of Mines and Hydrocarbons, Ophir Equatorial Guinea Ltd, OneLNG SA and La Compania Nacional De Petroleos De Guinea Ecuatorial have nominated Gunvor Group as their preferred LNG Buyer for offtake from the Fortuna FLNG project
