Russia’s Rosneft buys oilfield service firm

Russian company Rosneft has bought an oilfield service company. Its subsidiary now has full ownership of Trican Well Service, which provides pressure pumping services focused on production within the conventional oil and gas industry in Russia. Rosneft said the new purchase will allow it to “increase economical and production efficiency in the area oil recovery […]

Libyan oilfield ‘closed due to strike’

A strike by Libyan security guards over salary payments has forced the closure of the El Feel oilfield, a spokesman from the oilfield told a news outlet. El Feel is operated by a joint venture owned by National Oil Corporation (NOC) and Italy’s energy company, Eni. Mohamed El Harari, a spokesman for NOC told reporters: […]

Offshore oil engineering firm creates 100 jobs in UK

Offshore oilfield services firm Sparrows is launching a recruitment drive to fill more than 100 positions in the UK. The Aberdeen engineers are looking for candidates from a range of disciplies who will be the “future of the business”. This follows the announcement of £32 million investment for new and existing contracts earlier this year. […]