Apr
27

India Oil to build $5 Billion refinery in Turkey

Indian Oil Corp is interested in building a $5 billion refinery in Turkey and is currently carrying out feasibility work on the project, India’s junior trade minister, Jyotiraditya Scindia, said on Friday.

GE Oil & Gas is pleased to announce it has been issued orders to supply seven subsea tree and wellhead systems, utilizing the VetcoGray MHXT tree and VetcoGray SG-5 wellhead system, by Maersk Oil North Sea UK Limited for deployment in the U.K. North Sea.

OTTO ENERGY Ltd. has already received the first $1.5 million from another Australian firm Swan Oil and Gas Ltd. to fund the drilling of the onshore Duhat 1 well in San Isidro, Leyte.

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