Increasing financial constraints, a low commodity price environment and a shrinking pool of prospective basins have ...

At least four leading engineering contractors or consortia last year submitted bids for prized offshore engineering and ...

The contract includes the rehabilitation and redevelopment of the fields, spanning oil, gas, power, and water with potential for investment in exploration.

Deal with Parker Wellbore envisages expanding Cairn's operations in India using a high-performance 2000 HP drilling rig ...

bp has received final government ratification for its contract to invest in the redevelopment of several giant oilfields in ...

BP had stalled plans for Kirkuk for years citing risks of political instability in the province claimed by Iraq’s autonomous ...

PetroVietnam Exploration Production Corp. signed a new production sharing contract with Japan Vietnam Petroleum Co.

BP plans to sell its mobility and convenience business in Austria, including 260 retail sites, as part of its strategy to ...

BAKU, Azerbaijan, March 27. Baghdad has granted final approval for bp’s contract to invest in the redevelopment of major oil ...