The Joint OPEC-Non-OPEC Ministerial Monitoring Committee’s (JMMC) report has asserted that the oil market is showing positive result towards the goal of rebalancing
JMMC shows positive indications towards oil market rebalancing processes
Industry
Petrotechnics launch Operational Excellence Index 2017 for oil global trends market
Petrotechnics, the developer of the world’s first software platform for operational excellence (OE), has launched the OE Index (OEI) 2017
Total acquires Maersk Oil for US$7.45bn in a share and debt transaction
Total has announced that the Boards of Total and A.P. Møller – Mærsk have both approved the acquisition of 100 per cent of the equity of the E&P company Maersk Oil & Gas A/S (Maersk Oil), a wholly owned subsidiary of A.P. Møller – Mærsk A/S, by Total in a share and debt transaction
Oil drives Saudi’s fiscal deficit lower in H1 2017
Last week, Saudi Arabia’s (A1 stable) Ministry of Finance released its second-quarter budget performance report
KBR awarded PMC contract for Dalma and H&G islands projects for ADNOC
KBR, Inc. announced that it has been awarded a Project Management Consultancy (PMC) contract by Occidental of Abu Dhabi Ltd. on behalf of Abu Dhabi National Oil Company (ADNOC) for management of the Front End Engineering and Design Services (FEED) phase of the Dalma Gas Field Development and the Detailed Design and Surveys phase of the Hail & Ghasha Islands project in Abu Dhabi , United Arab Emirates
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