Author Archives: admin

M&A in Rig Operation Industry

Melika Mohammadpour BD Expert   Technological and structural changes in the global economy and in the energy sector are among the requirements to diversify analytical studies of the energy economy, management and investment in industries, especially the oil industry. The upstream segment of the oil industry includes studies and actions related to exploration, drilling, exploitation, conservation of oil resources, transfer, ...

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Southern Prescription for Development

Mostafa Ashaari Oil and gas journalist Last fall, National Iranian South Oil Company began to present a new template for their field development plans. These contracts are significantly distinct from the IPC contracts and in a sense, they are more complicated. NISOC got NIOC permission to sign contracts with domestic and foreign contractor companies regarding 9 reservoirs which are located ...

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M&A; A Path to Improve

Ramin Forouzandeh Senior Strategist   Reducing Costs or Increasing Revenue   Over the past decade, Merger and Acquisition has grown worldwide in the drilling industry. More than $50 billion was spent by oilfield service providers during the last year for M&A processes. The process of developing M&A is noticeable especially in large and competitive markets (such as the United States ...

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A New Brazilian-Norwegian Agreement; Petro- Bras and Statoil Partnership

A New Brazilian-Norwegian Agreement; Petro Bras and Statoil Partnership The two great and famous Brazilian and Norwegian oil companies, Petróleo Brasileiro SA and Statoil have signed a new agreement in order to complement the partnership they already have in Brazil, looking forward to increase and enhance natural gas operations, due to a securities filing on Friday. As PetroBras, the Brazilian ...

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