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Trump isn't the only one calling to take the Middle East's oil — but it's easier said than done
Edit Business Insider 16 Oct 2016
But Trump’s nomination by the Republican Party obliges the American public to try to understand it as one — and to acknowledge that Trump is not the first prominent figure to propose the violent seizure, by US military forces, of Middle Eastern oil fields ... “Ignotus” had claimed that the takeover of Saudi oil fields could be accomplished with some 40,000 US troops, plus supporting air and naval power....
Iran to invite foreign companies to bid on oil and gas
Edit Boston Herald 16 Oct 2016
... Oil Ministry said Sunday. The ministry did not say how many projects would be involved but said they include exploration and production in oil and gas fields, with the bidding process opening on Monday ... The country has 28 joint offshore and onshore gas and oil fields with those countries....
Oil majors experiment with technology to weather crisis
Edit Yahoo Daily News 16 Oct 2016
French oil and gas major Total said it was now using drones to carry out detailed inspections on some of its oil fields following a trial at one of its Elgin/Franklin platforms in the North Sea ... Statoil's giant Johan Sverdrup field, the largest North Sea oil find in three decades which is due to start production in 2019, is a leading industry case study for cutting costs in the era of cheap oil....
Iran Kicks Off Oil-Development Tender to Woo Foreign Investors
Edit Bloomberg 16 Oct 2016
Iran is ramping up efforts to woo foreign investment in an energy industry stunted by years of sanctions, with a request for companies to submit documents to pre-qualify as bidders to develop the country’s oil and natural gas fields ... investors with a revised oil investment contract to boost output at fields it shut when exports were restricted....
Minimun one operator for deep-water Trion JV with Pemex
Edit Petroleum World 16 Oct 2016
Mexico's oil regulator on Friday approved a more flexible bidding scheme for a highly anticipated upcoming auction that will pick a partner for national oil company Pemex to jointly develop its deep-water Trion block in the Gulf of Mexico ... The Trion light oil field is located in the Perdido Fold Belt just south of Mexico's maritime border with the United States....
Deepwater Horizon film is a grim lesson on safety for Arabian Gulf rigs
Edit The National 16 Oct 2016
Imagine the Egyptian-American heart-throb actor Rami Malek playing the earnest engineer on a doomed oil rig, as a sinister Ghassan Massoud, the company man, tells him to ignore safety concerns ... As it shows in cinemas here, Middle East oil executives will want to avoid ending up on the big screen themselves ... It conveys the visceral power and terror of the explosion and fire, the worst fear for every oil worker in the field....
Deepwater Horizon film a grim lesson on safety for Arabian Gulf rigs
Edit The National 16 Oct 2016
Imagine the Egyptian-American heartthrob actor Rami Malek playing the earnest engineer on a doomed oil rig, as a sinister Ghassan Massoud, the company man, tells him to ignore safety concerns ... As it shows in cinemas here, Middle East oil executives will want to avoid ending up on the big screen themselves ... It conveys the visceral power and terror of the explosion and fire, the worst fear for every oil worker in the field....
Deepwater Horizon film a grim lesson on safety for Middle East drillers
Edit The National 16 Oct 2016
Imagine the Egyptian-American heartthrob actor Rami Malek playing the earnest engineer on a doomed oil rig, as a sinister Ghassan Massoud, the company man, tells him to ignore safety concerns ... As it shows in cinemas here, Middle East oil executives will want to avoid ending up on the big screen themselves ... It conveys the visceral power and terror of the explosion and fire, the worst fear for every oil worker in the field....
Essar Group to sell US$13bn oil stake
Edit Taipei Times 16 Oct 2016
India’s billionaire Ruia brothers agreed to sell a 98 percent stake in their refinery unit to Rosneft PJSC, Russia’s biggest listed oil producer, and a consortium of Trafigura and United Capital Partners for about US$13 billion. Essar Group is to sell 49 percent of Essar Oil Ltd each to Rosneft and the consortium for an enterprise value of 728 billion rupees (US$10.91 billion), the Indian conglomerate said in a statement on Saturday....
Rosneft and partners to buy India refiner Essar for $13 billion
Edit Petroleum World 16 Oct 2016
India's billionaire Ruia brothers agreed to sell a 98 percent stake in their refinery unit to Rosneft PJSC, Russia's biggest listed oil producer, and a consortium of Trafigura and United Capital Partners for about $13 billion. Essar Group will sell 49 percent of Essar Oil Ltd ... On top of Russia, Saudi Arabia is buying stakes in refiners through its state-owned oil giant Saudi Aramco in countries from Indonesia to the U.S....
Saudi Arabia won't stick to the oil deal as long as economics says not to
Edit Business Insider 16 Oct 2016
Saudi Arabia’s former Oil Minister Ali al-Naimi held a strong reputation of credibility and reliability within the OPEC and non-OPEC communities as a key driver in the kingdom’s energy policies, until the events of the bloc’s disastrous April meeting in Doha ... How the oil price slump affected the ultra rich The hidden costs of Obama's cheap gas The Islamic State loses control of Iraqi oil fields....
Well incident at Songa Endurance (Statoil ASA)
Edit Public Technologies 16 Oct 2016
No injuries were reported and there is no risk of an oil spill. Songa Endurance was working on the G4 well in the Troll field near Troll B when complications arose ... These supplies are expected to arrive at the field at around 8 pm CET this evening ... The emergency response vessel Stril Merkur is at the field and other resources, including helicopters, are available....
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