Bosses at VTB Capital have said they expect large-scale mergers and acquisitions in the oil industry
Technical Focus
Sustained low oil price could prompt large-scale M&A
Wood MacKenzie has claimed that a sustained period of low oil prices could trigger large-scale M&A
Caterpillar releases latest gas compression engine
Caterpillar has announced the release of the latest version of its G3600 engine, the G3600 A4
Rig maintenance service launched in Canary Islands
A joint venture between UK engineering firm GEV and a Canary Island shipyard has launched new rig maintenance service off the coast of West Africa
Eni signs West African offshore rig contract with Hercules Offshore
US-based provider of offshore contract drilling services Hercules Offshore has signed a five-year contract with Italian oil and gas major Eni to provide Hercules 260 jackup rig in West Africa
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