Latest news
Statoil sells its subsidiary Tampnet to HitecVision
Hitec Vision acquired Statoil’s subsidiary Tampnet AS, specialized in the communication network between offshore installations.
read more... 12/07/2010
New offshore oil explorations for LUKOL in Black Sea
New oil sectors are available in the Romanian sector of Black Sea, where a consortium won the auction for the exploration and development of two blocks of 2,000 square kilometers, Est Rapsodia and Trident.
read more... 09/07/2010
ABB to provide telecommunication systems for Statoil’s offshore operations
ABB won the contract to install and maintain telecommunication systems on Statoil offshore operation, a $23 million worth deal, for the next three years, with the option to extend the period one more year.
read more... 08/07/2010
BP is looking for investors in UAE
BP is seeking investors to secure its shares from a potential aggressive takeover by bargain hunters in UAE.
read more... 08/07/2010
Elliott Waves forecast oil price at $57 the next 6 months
According to technical analysts, the crude may drop below $57 per barrel in the next 6 months.
read more... 05/07/2010