Halliburton and Baker Hughes extend merger deadline

Halliburton1Halliburton and Baker Hughes have entered a timing agreement with the US Department of Justice (DOJ) to extend the period for the review of a buy-in

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McDermott International signs long-term agreement with Saudi Aramco

oilrig1-pixabayUSA’s McDermott International has signed an engineering, procurement, construction and installation (EPCI) agreement with Saudi Aramco for future brownfield work in Saudi Arabia’s offshore fields

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ITF’s GCC members keen to explore joint industry projects

EOR-Shell-FlickrGCC members of the global oil trade body Industry Technology Facilitator (ITF) have agreed to address technology challenges with the aim of working on joint industry projects (JIPs) 

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Gulf Petrochem Group acquires Essar Petroleum East Africa

Bituroxplant-SAFAGirl-wcUAE-based Gulf Petrochem Group has acquired Essar Petroleum East Africa Ltd., following which its name has been changed to ASPAM Energy (Kenya) Ltd

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Oman planning trading outposts in Africa, USA

Colorful Oil Barrels - Lars Christopher Nttaasen - Wikimedia CommonsOman, the largest non-OPEC producer of oil in the Middle East, is planning to establish footholds in Africa and the United States of America for trading fuel and crude

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