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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Emerson opens largest support facility in Iraq

Emerson_IraqEmerson Process Management has opened the largest support facility in Basra, Iraq which will help support its customer base in the country with a team of Iraqi technical field service engineers.

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Siemens appoints a new Oil & Gas CEO

Adil-Toubia_CEO-of-Oil--GaSiemens Energy has appointed a new CEO of the Oil & Gas Division at the beginning of February the company announced.

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