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Anglo-Dutch oil explorer Shell will acquire British gas producer BG Group for US$69.7bn in cash and stock, both companies have announced

Libya’s state-owned firm Arabian Gulf Oil Company (AGOCO) crude production has hit 317,000 bpd, the highest in the last two years, the company’s spokesperson revealed

Saudi Aramco has signed a US$10bn loan agreement with 27 financial institutions in order to secure better borrowing terms

China’s Ningbo Zhehua Heavy Steel Pipe Manufacturing has signed a contract to supply 3,000 metric tonnes of large diameter submerged arc straight seam welded pipes for dredging project to Saudi Aramco

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