Eni has agreed to sell a 10 per cent stake in the Shorouk concession, offshore Egypt, where Zohrs super-giant gas field is located to Mubadala Petroleum, a wholly owned subsidiary of Mubadala Investment Company
Industry
Gardner Denver extends global reach with Jebel Ali, Dubai facility
Gardner Denver Petroleum & Industrial Pumps, solutions provider to the drilling, well servicing and frac pumps market, has announced the opening of a Dubai facility, expanding the organisation’s international reach
KCA Deutag and Dalma to form enlarged drilling and engineering group
KCA Deutag (KCAD), a leading global drilling and engineering contractor, has entered into an agreement with the shareholders of Dalma Energy LLC to combine their respective businesses through the acquisition by KCAD of Dalma’s Omani and Saudi Arabian businesses
Total acquires 16.33 per cent stake in Libya’s Waha Concessions
Total has acquired Marathon Oil Libya Limited which holds a 16.33 per cent stake in the Waha Concessions in Libya
Faccin launches 12m pipe rolling machine for the Russian oil and gas industry
In order to meet specific production requirements for the Russian oil and gas industry, Italy-based Faccin has launched HAV-2P, a NC-controlled high-performance pipe mill bending rolls, to support the production of pipes delivering productivity, repeatability and automation of the entire process