ROSNEFT & NADL: MORE BUSINESS
The head of the Norwegian drilling company that signed a recent $4.25bn deal with Rosneft says he hopes for more business with the Russian state-controlled oil company and others in that country despite the pressure of growing western sanctions.
North Atlantic Drilling is selling 30 per cent of itself to Russia's Rosneft as well as providing six offshore rigs to drill for oil up until 2022 in deals signed this summer that underlined the limits of the sanctions imposed by the US and EU due to the creeping invasion of Ukraine.
"I hope we can work closely with them for many years and I hope we can expand that business…
Log in to read the publication.
An authorized user gets access to four FREE publications per month.
You can also buy a full access to all publications of the site since January 2014.
|April, 19, 09:45:00|
|April, 19, 09:40:00|
|April, 19, 09:35:00|
|April, 19, 09:30:00|
|April, 19, 09:25:00|
|April, 19, 09:20:00|
South Korea's economy has been pushing to shed its heavy reliance on coal and nuclear power, with the latest target coming on top of a 2017 plan to increase the amount of renewables in its energy mix to 20 percent by 2030.
The International Monetary Fund (IMF), has forecast the UAE’s nominal Gross Domestic Product (GDP) to grow 4.7 percent to AED1.673 trillion in 2019, compared to AED1.589 trillion a year ago.
the goods and services deficit was $49.4 billion in February, down $1.8 billion from $51.1 billion in January,
BHGE - U.S. Rig Count is down 10 rigs from last week to 1,012, with oil rigs down 8 to 825, gas rigs down 2 to 187, and miscellaneous rigs unchanged at 0. Canada Rig Count unchanged from last week at 66, with oil rigs up 1 to 19 and gas rigs down 1 to 47.