Iran Says $55 Oil Price Suitable, Sees Suppl...

Iran sees $55 per barrel as a suitable price for crude oil, and believes that OPEC and non-OPEC producers are likely to extend output curbs to support prices, Iranian Oil Minister Bijan Zanganeh was quoted as saying on Saturday."The price range of $55 per barrel would be suitable for oil," Zanganeh ...

BP Finds More Than 200 Million bbl in New Re...

BP announced a major breakthrough in seismic imaging that has identified more than 200 million barrels of additional resources at BP’s Atlantis field in the deepwater Gulf of Mexico. As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of Mexico as w...

Oil Prices Could Tumble Again on U.S. Shale ...

​Oil Prices Could Tumble Again on U.S. Shale InfluxOil prices could fall again by the end of the year due to a rapid increase in U.S. shale production, the chief executive of French oil and gas giant Total said on Thursday.Crude has recovered from lows reached in January 2016 and has mostly ho...

Trestakk approved

Norwegian authorities have approved the Plan for Development and Operation (PDO) of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.Trestakk was discovered in 1986, and expected recoverable volumes ar...

Subsea 7 engineering teams start on Atoll pr...

LUXEMBOURG – Subsea 7 says the last stage of the offshore campaign is under way in the Egyptian sector of the Mediterranean Sea for Phase One of the West Nile Delta project on the Taurus and Libra fields.Fabrication has started for Phase Two on the Giza, Fayoum, and Raven fields. The company’...

US crude settles at $53.14, down 6 cents on ...

Oil prices were little changed on Tuesday, giving up gains after Saudi Arabia's oil minister gave mixed messages on future OPEC production cuts, while the market also braced for data that was expected to show a ninth straight weekly increase in U.S. crude inventories.At the CERAWeek energy conferenc...

US oil settles at $53.83 a barrel, down 18 c...

Oil prices were largely steady on Wednesday, paring gains and briefly turning negative, after crude inventories in the United States rose to a record high.U.S. crude stockpiles rose 1.5 million barrels last week, less than forecast, but touching a record high at 520.2 million barrels after eight str...

US crude settles at $53.59, down 1.4%, on wo...

Oil prices fell about 1.5 percent on Wednesday on expectations of another surge in U.S. inventories, but they traded close to multi-week highs after OPEC signaled optimism over its deal with other producers to curb output.Analysts polled ahead of weekly inventory reports from industry group the Amer...

Fibergrate Composite Structures - Korea Repr...

Fibergrate is the top leading manufacturer of FRP solutions use globally with over than 50 years (from 1966) of experience in the fiberglass reinforced plastics industry. We also provides value-added services, which are supported by a worldwide network of distributors, sales professionals and cu...

Briefly summarized Company Profile - MOST

Briefly summarized Company Profile - MOST​Since being established in 2016, MOST is known to be one of the most respected service providers in the major area of construction management, construction, commissioning and global agent service in the oil & gas production, shipbuilding, wind ...