SBC expands senior leadership team


SBC, the management consultancy arm of Schlumberger, is pleased to announce the expansion of its senior leadership team with the appointment of six vice presidents.

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OPEC to add 21mn bpd oil capacity in next 5 years


OPEC countries plan to add a total of 21mn bpd of new oil capacity over the next five years, according to the organization's secretary-general Abdalla el-Badri.

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Gulf Keystone Petroleum plans oil export pipeline through Turkey


Gulf Keystone Petroleum has unveiled plans to build a pipeline through Turkey to export oil from its giant Shaikan discovery in Iraqi Kurdistan by 2013.

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Global oil demand growth to fall - IEA


International Energy Agency's (IEA) latest oil market report said global oil consumption is slowing down as questions marks over the state of the global economy resurface.

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Technip to acquire Global Industries



Technip has agreed to acquire the entire share capital of US firm Global Industries in a deal that helps the French firm's push into the fast-growing subsea segment of oil services.

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