Tuesday 1 September 2015
 
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oil and gas

S Korea eyes deals in Iran’s energy, construction market

South Korean government and corporate officials are visiting Iran this week to hunt out possible deals in the oil, gas and construction industries since an agreement was reached to lift sanctions on Tehran. Iran is targeting oil a

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Oil and gas investment: Risky returns?

Today’s oil and gas environment has been impacted by a myriad of issues including restrained capital spending, curtailed investment and employment cuts for struggling companies across the supply chain. Recovery from current

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Upstream deals rise amid slowing sector activity

While the number of major contract awards made globally since the last quarter have contracted by 17 per cent, a rise of 20 per cent in the number of upstream awards is a source of cautious optimism for the industry, a report said.

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Upstream deals rise amid slowing sector activity

While the number of major contract awards made globally since the last quarter have contracted by 17 per cent, a rise of 20 per cent in the number of upstream awards is a source of cautious optimism for the industry, a report said.

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Stirling expands training centre in Iraq

Stirling Group, a leader in health, safety and environmental (HSE) services, has expanded its Kurdistan training centre for oil and gas and construction workers in Erbil, Iraq. The facility will offer a range of new courses includ

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Stirling expands training centre in Iraq

Stirling Group, a leader in health, safety and environmental (HSE) services, has expanded its Kurdistan training centre for oil and gas and construction workers in Erbil, Iraq. The facility will offer a range of new courses includ

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100,000 industry layoffs over oil price slump

Layoffs in the oil and gas industry are nearing 100,000 worldwide since oil price started declining late last summer, a report said. Oilfield service companies Schlumberger, Baker Hughes, and Halliburton announced layoffs of aroun

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100,000 industry layoffs over oil price slump

Layoffs in the oil and gas industry are nearing 100,000 worldwide since oil price started declining late last summer, a report said. Oilfield service companies Schlumberger, Baker Hughes, and Halliburton announced layoffs of aroun

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Weir Group sees continued fall in orders

Weir, a global industrial engineering firm, said orders from its oil and gas business fell 23 per cent in the first quarter and it expects the decline to continue into the second quarter. The company said it was planning another &

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Weir Group sees continued fall in orders

Weir, a global industrial engineering firm, said orders from its oil and gas business fell 23 per cent in the first quarter and it expects the decline to continue into the second quarter. The company said it was planning another &

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