Industry

Weatherford launches petroleum consulting unit

Weatherford_petroleum_1Weatherford International launched its Petroleum Consulting business unit which will offer clients integrated formation evaluation and well engineering support and consultancy.

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PH Petro completes single-well test for Daleel Petroleum

PH_PetroPH Petro has completed the single-well test project for Oman's Daleel Petroleum Company and has delivered an impressive 134 per cent incremental oil gain.

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Statoil to sell its Iraqi West Qurna stake to Lukoil

Statoil_LukoilIraq has approved the sale by Statoil of its minority stake in Iraq West Qurna phase-2 oil field to Russia's Lukoil, according to press reports.

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Digitalcore and Numerical Rocks announce merger

MergerDigitalcore and Numerical Rocks, announced at Geo 2012 that they have signed an agreement to merge and form a new company that will see them combine forces to offer their joint services worldwide.

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Repsol profits hit by fall in Libyan output

oil-fieldRepsol has announced a sharp fall in Q4 2011 profits as the Spanish oil company was hit by the suspension of oil production in Libya for large parts of 2011.

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