Borr Drilling CEO speaks up on new drilling contract model

The driller is offering performance based drilling contracts to oil firms.

Rosneft, PDVSA team up for gas project offshore Venezuela

Russian oil company Rosneft signed a heads of agreement with the Venezuelan state-owned oil and gas company PDVSA ...

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Minister: Venezuela not selling crude below production costs

Venezuelan minister of petroleum and mining and president of Petróleos de Venezuela, S.A. has rebuffed allegations ...

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CH Offshore settles dispute with PDV Marina

Singapore’s CH Offshore has resolved a vessel dispute with Venezuela’s PDV Marina, a subsidiary of the ...

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Rosneft, PDVSA to create natural gas JV

Russia’s Rosneft and Venezuela state-owned PDVSA have signed, at the St. Petersburg International Economic ...

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Rosneft, PDVSA discuss investment opportunities

The president of Petróleos de Venezuela, S.A. (PDVSA), Eulogio Del Pino, welcomed yesterday, May 28, 2015, the ...

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Maersk Drilling sheds drilling barge business (Venezuela)

Maersk Drilling has announced the divestment of its drilling barge activities in Venezuela to Barrystar Holding ...

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Rosneft, PDVSA ink offshore projects deals

Rosneft President and Chairman of the Management Board Igor Sechin and Venezuelan Minister of Petroleum and Mining ...

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PDVSA, Eni Form Joint Venture Firm to Exploit Perla ...

Rafael Ramirez, Venezuela’s Minister of Petroleum, and Paolo Scaroni, CEO of Italian oil giant Eni, met in Caracas ...

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Russia, Venezuela Ink MoU for Offshore Exploration

Russia, Venezuela Ink MoU for Offshore Exploration

On January 29-30, Igor Sechin, President and Chairman of the Management Board at Rosneft, led a Russian delegation ...

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Scaroni, Ramirez Discuss Perla Field Development (Venezuela)

Eni, PDVSA Officials Discuss Perla Field Development (Venezuea)

The Minister of Petroleum and Mines of Venezuela, Rafael Ramírez, and Eni’s CEO Paolo Scaroni, met today in Caracas ...

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PDVSA’s Well Offshore Cuba Disappoints

PDVSA's Well Offshore Cuba Disappoints

Venezuela’s oil company PDVSA has decided to plug and abandon its exploration well offshore Cuba, according ...

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Kawasaki’s Gas Turbine Generators for ...

Kawasaki's Gas Turbine Generators for PDVSA's Offshore Project (Venezuela)

Kawasaki Heavy Industries, Ltd. announced today that Kawasaki Gas Turbine-Americas, Kawasaki’s Houston-based sales ...

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Petronas, PDVSA Searching for Oil Offshore Cuba

Petronas, PDVSA Searching for Oil Offshore Cuba

Cuba’s state oil company, Cubapetróleo (Cupet) sent a statement to the country’s media saying that a ...

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Venezuela: SNC-Lavalin Inks USD 134 mln Project ...

Venezuela: SNC-Lavalin Inks USD 134 mln Project Management Deal with PDVSA

Canada’s engineering and construcion firm, SNC-Lavalin, has signed a project management contract with ...

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Gazprom, PDVSA Pen MOU for Robalo Field Development, ...

Yesterday in Caracas (Venezuela) Gazprom and state-owned Petroleos de Venezuela S.A. (PDVSA) signed a Memorandum of ...

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SNC-Lavalin Wins FEED Contract for PDVSA’s ...

  SNC-Lavalin announce that it has been selected to perform the front end engineering and design (FEED) for ...

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