In pictures: Germany land at home

July 15, 2014, 5:55 pm

Germany celebrate their World Cup win on home soil

DNO North Sea increases ‘firepower’ for growth with boost to borrowing capacity

DNO North Sea, the Norwegian firm which took over Faroe Petroleum, said it now has more “firepower” to grow with a boost to its lending facilities.

Oil rises as news of US-China trade deal gains traction

Oil gained after an American official hinted that the U.S. and China are close to locking down a partial trade deal, offsetting rising global oil supplies.

Churchill’s small company advantage

Nimbleness and responsiveness to client needs are seen as at the heart of Churchill Drilling Tool’s appeal to operators seeking downhole circulation support, the company’s manager for the Middle East and Asia Nicholas Kjaer has said.

Baker Hughes and the pace of change

Baker Hughes is shoring up its position in Abu Dhabi, opening a new wellhead repair and maintenance facility in the country this week, while talking up its various positions in the region.

ADNOC goes for gas

Innovation and new approaches are dominating ADNOC’s drive for new sources of gas.

European Investment Bank to end financing for oil and gas post-2021

The European Investment Bank (EIB) has announced it will end all financing for oil and gas from the end of 2021.

Savannah completes Nigerian entry with Seven Energy

It has been a long time coming, but Savannah Petroleum has completed its acquisition of Seven Energy, broadening its focus from Nigerien exploration to including Nigerian production.

Parkmead returns to profit and recruits North Sea managing director

A strong showing from its Dutch onshore gas fields, a drop in exploration work and the sale of stakes in Faroe Petroleum swung Parkmead Group back to profit in 2018-19.

In pictures: Germany land at home

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