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Oil&Gas Drilling
Australian Offshore Oil Exploration Well Imminent for SapuraOMV
The Malaysian-Austrian joint venture company SapuraOMV Upstream will spud early next month the Kanga-1 oil exploration well offshore Western Australia.
Crude Oil
China’s Oil Giants Face NYSE Delisting
Chinese crude oil companies listed in New York may soon be kicked out, after the New York Stock Exchange delisted three telecoms with headquarters in China, due…
Oil&Gas Drilling
Diamond Offshore Files for Chapter 11 Bankruptcy Amid Historic Oil Price Crash
Diamond Offshore Drilling Inc., a rig contractor owned by Loews Corp., filed for bankruptcy.
Bahamas Petroleum Company
The Bahamas Petroleum Company was formed to invest in an offshore oil exploration programme in licence areas covering approximately 16,000 sq km (4 million acre…