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(Sponsored Content) EOS founder and CEO Jean Januard explains how Russian manufacturers of oil and gas equipment and new technologies can find new business opportunity in the Middle East - if they have a guide like EOS to help navigate the market.
Helena Oil & Gas is looking to attract fresh investment to its oil projects in Texas by creating the Helena Security Token (HEST). The creation of HEST lets investors support an existing, active project in the oil and gas sector without having to pay many of the extensive administrative and...
Rystad Energy forecasts offshore spending will outgrow spending on onshore shale activities this year. Service companies exposed to the offshore subsea market and the maintenance, modifications and operations (MMO) sector are set to benefit from this trend reversal. At current oil price levels, spending on land rigs, fracking and other...
Oil prices continue to climb in response to a Russian - Saudi deal to cut production in the face of a likely global supply glut. New York Futures closed Wednesday at $52/bbl, shrugging off bearish U.S. demand data. Russia will meet its target for curbing output in April as part...
The well confirms a volume potential of 50-70 million recoverable barrels of oil. The discovery more than doubles the remaining oil reserves to be produced through the Norne field. Originally planned to be shut down in 2014, the productive life of Norne has already been extended to 2036, which will generate substantial...