Statoil divests its oil sands business
Statoil has agreed to divest its 100 per cent owned Kai Kos Dehseh (KKD) oil sands projects in the Canadian province of Alberta to Athabasca Oil Corporation as Norway's oil giant pulls out of the oil sands business.
Maersk Oil acquires East African licences
Denmark's Maersk Oil has completed the acquisition of 50 per cent of Africa Oil Corp share in three onshore exploration licences in the Turkana region of northern Kenya and two contiguous licences in Southern Ethiopia.
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GE Oil & Gas: Next level of partnership in Iraq
GE Oil & Gas and Iraq’s Ministry of Oil have signed a wide ranging strategic plan that takes its partnership to the next level, according to Rami Qasem, president & CEO of GE Oil & Gas Middle East, North Africa and Turkey who spoke exclusively to Pipeline......