Tuesday, February 9th, 2010
Schlumberger (NYSE:SLB) announced today that its Board of Directors has appointed Paal Kibsgaard Chief Operating Officer of Schlumberger Limited effective immediately.
Reporting to Andrew Gould, Chairman and Chief Executive Officer, ...
Tuesday, February 9th, 2010
BJ Services Company (BJS-NYSE, CBOE, PCX) today reported that revenue in the first quarter of fiscal 2010, which ended December 31, 2009, was $931.5 million, representing a 6% increase from ...
Monday, January 25th, 2010
King Abdulaziz City for Science and Technology (KACST) announced here today the launch of the first phase of the national initiative for water desalination by solar energy, Saudi Press Agency ...
Thursday, November 5th, 2009
PETROBRAS, announces that, after a visit made to Saudi Arabia late October, it is analyzing some investment opportunities in that country.
The group visited the biggest Petrochemical Complex in Saudi Arabia, ...
Tuesday, November 3rd, 2009
Although investor-owned oil companies are often thought of as those most responsible for world oil production, government-controlled companies actually control the majority of both current production (more than 52% in ...
Tuesday, October 6th, 2009
Facility Offers Flexibility in Manufacturing and Custom Design through Collaboration in Technology Development
DHAHRAN, 6 October 2009 – Schlumberger announced today the opening of the new reservoir completions manufacturing center in ...
Monday, September 28th, 2009
Al-Qaida has threatened more attacks on Saudi Arabia and its royal family, who fear the jihadists regrouping in neighboring Yemen will use it as a springboard for a new campaign ...
Tuesday, August 4th, 2009
The Niger Delta crisis – which has dealt a heavy blow to Nigeria’s oil income and crude production – is finally threatening to consume the country’s foreign reserves which had ...
Tuesday, July 21st, 2009
BJ Services Company (NYSE: BJS; CBOE; PCX) today reported a net loss of $32.3 million, or $(0.11) per diluted share, for the third quarter of fiscal 2009, which ended June ...
Monday, July 13th, 2009
TECHNIP AWARDED TWO MAJOR CONTRACTS FOR THE NEW JUBAIL EXPORT REFINERY IN SAUDI ARABIA
Technip has been awarded two major lump sum turnkey contracts by the Saudi Aramco Total Refining and ...
Monday, June 15th, 2009
Shoaibi Group (SG) and “FMC Petroleum Equipment (Malaysia) SND. BHD.”, a wholly owned subsidiary of “FMC Technologies, Inc.” - USA (FMC) announce the formation of FMC Technologies Saudi Arabia LTD, ...
Friday, June 12th, 2009
The IEA raised its global estimate for daily oil demand by 120,000 barrels to 83.3 million barrels in its monthly. The increase was driven by the US and China. Consumption ...
Wednesday, June 10th, 2009
)))Abu Dhabi official crude selling price down 52.06%
The official selling price of Abu Dhabi's crude oil grades averaged US$59.49 a barrel in May, down 52.06 per cent from an average ...
Thursday, June 4th, 2009
)))Saudi Arabian Oil state giant Saudi Aramco will begin production at its 1.2-million-barrel-per-day (bpd) Khurais oilfield in Saudi Arabia at the end of this month.
Khurais will take the country’s total ...
Thursday, May 7th, 2009
)))))))))The U.S. dollar, which rebounded from a one-month low against the euro, also dragged down the crude prices.
Light, sweet crude for June delivery was down 63 cents to 53.84dollars a ...
Wednesday, May 6th, 2009
)))))))))Oil steadied at less than $54 on Wednesday after renewed worries about the financial sector neutralised bullish weekly oil inventories data showing unexpected falls in crude and gasoline stocks. US light ...
Tuesday, April 28th, 2009
)))))Oil prices fell below $49 on Tuesday, extending Monday's losses as declines on global stock markets heightened expectations of a further drop in demand for oil products.
US oil futures fell ...
Saturday, March 21st, 2009
- Iran's proven oil reserves are set to increase substantially in 2009 because of the development of major oil fields, Iranian oil officials said.
Iran "has made new discoveries in the ...
Wednesday, March 11th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA March 2009 Short-Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $383 billion of net ...
Thursday, February 19th, 2009
Dallas, Texas - Gulftex Operating, Inc. announces, Paul H. Cheong has joined Gulftex Operating, Inc. as Senior Reservoir Engineer and Exploration Manager. Paul H. Cheong will also serve as an ...
Friday, February 13th, 2009
GE Gas Turbine Technology to Add 2,000 Megawatts of Power to Help Meet Kingdom’s Energy Needs
RIYADH, SAUDI ARABIA - February 11, 2009: - GE Energy has signed a contract for ...
Wednesday, January 14th, 2009
OPEC Oil Export Revenues
Based on projections from the EIA January 2009 Short Term Energy Outlook (STEO), members of the Organization of the Petroleum Exporting Countries (OPEC) could earn $387 billion ...
Thursday, July 24th, 2008
San Donato Milanese (Milan), 24 July 2008 – Saipem has been awarded new orders in the onshore worth a total of approximately 1.6 billion euro in Saudi Arabia and Nigeria.
The ...
Thursday, May 29th, 2008
RIYADH, SAUDI ARABIA - May 29, 2008 : – GE Energy has signed contracts totaling more than $500 million to supply gas turbines and generators for power plant projects owned ...
Saturday, May 17th, 2008
DHAHRAN, SAUDI ARABIA, May 16, 2008 --- The Saudi Arabian Oil Company (Saudi Aramco) and ConocoPhillips [NYSE: COP] today announced they have approved continued funding for the development of the ...
Monday, April 28th, 2008
DAMMAM, SAUDI ARABIA - April 28, 2008 : – GE Energy, a global supplier of power generation and energy delivery technologies, has announced the groundbreaking of its Power Technology Center, ...
Monday, March 24th, 2008
HOUSTON, March 20 /PRNewswire-FirstCall/ -- Hercules Offshore, Inc. (Nasdaq: HERO) announced today it has signed contracts to provide Saudi Aramco with two jackup drilling rigs for three-year terms plus one-year ...
Thursday, February 21st, 2008
HOUSTON--(BUSINESS WIRE)--Rowan Companies, Inc. (NYSE:RDC) announced today that its Tarzan Class jack-up, Bob Keller, has been awarded a term drilling contract for work offshore Saudi Arabia.
The contract provides for ...
