BP and Emerson have signed a 10-year global agreement for enhanced oil and gas project execution and operational reliability
Industry
Accenture to buy Schlumberger’s management unit
Accenture has entered into an agreement to acquire Schlumberger Business Consulting (SBC), management consulting unit of oilfield services company Schlumberger
Rockwell Automation has new EMEA president
Thomas Donato has been appointed president of Rockwell Automation’s Europe, Middle East and Africa (EMEA) region
‘Iran can add a million bpd if market opens’
Iran’s return to the global market will add about one million bpd, therefore lowering oil prices by US$10 per barrel next year, according to the World Bank, which also expects economic growth in the country to surge to five per cent in 2016 from three per cent this year
KRI to make payments to oil companies
The Kurdistan Regional Government (KRG) will allocate a portion of the revenue from its direct crude oil sales to the producing international oil companies (IOCs)
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