A new report reveals that majority of oil and gas executives believe the oil price will remain between US$50-US$70 in 2016, with almost 27 per cent respondents believing it will hover around US$70

Subsea 7 has won a contract from Pharaonic Petroleum Company for the development of the East Nile Delta Phase 3 Project (END-3) offshore Egypt

Iran’s Ayatollah Ali Khomeini has approved the government’s nuclear deal with world powers but with conditions

The Export-Import Bank of Korea (Korea Eximbank) has announced that the South Korean bank had signed an MoU with Kuwait Petroleum Corporation (KPC) to finance US$5bn for some of the company’s projects in Kuwait

IT major Infosys has announced an agreement to acquire oil and gas management consulting services provider Noah Consulting for US$70mn