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ENI to Sell Saipem Stake

ENI plans to move forward with the sale of its stake in Saipem. The Italian firm holds a controlling stake in the oil services firm. The company’s former CEO Paolo Scaroni led the charge in disposing of the stake but it was put on hold when new ...

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Technology

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The Value of PRM in Assuring Your Investment in Increased Oil Recovery

Innovative uses of seabed seismic technology will help operators glean billions from new and mature fields. High potential returns with low risk and lower lifetime cost of ownership are increasingly attractive. The active promotion of reservoir surveillance will directly impact a country’s economy where responsible stewardship of national petroleum resources is a priority. Read more…

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  • East Africa East Africa Licensing Update

    When bidding in Tanzania’s 4th Offshore Licensing Round was officially closed on 15 May, the Tanzania Petroleum Development Corporation (TPDC) announced bids by CNOOC, RAK Gas, ExxonMobil/Statoil, Mubadala and Gazprom and with other licensing rounds in the region scheduled; there remain opportunities for exploration companies with an eye on the market to secure fresh acreage. […]

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  • CYBER THREATS bANNER Cyber Threats: Sources & Solutions

    Worldwide, the silent, malicious threat is growing. Every day, hackers attempt to exploit electronic “holes” in a company’s computerized infrastructure and four out of every 10 attempts to hack a critical infrastructure target in the US are directed at oil and gas companies.  Yet, many executives and operational management still have systems not fully protected, […]

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