- Reuters•2 months ago
Venezuela's state oil company, PDVSA, is close to reaching deals to boost Schlumberger's presence after the oilfield services provider said in April it would reduce operations because of payment problems, PDVSA's president told Reuters. PDVSA, the exclusive operator of the OPEC country's vast oilfields, has run up billions of dollars in unpaid bills to service providers as a result of cash-flow problems. U.S. oil services company Halliburton Co in April also said it would begin curtailing activity in Venezuela.
- Reuters•4 months ago
India's Gujarat State Petroleum Corp (GSPC) said on Monday it is in talks with the country's top explorer Oil and Natural Gas Corp on selling a stake in its gas block off the east coast, to revive the challenging deep water field. The block, where the discovery of gas was announced in 2005 by Prime Minister Narendra Modi while leading his home state of Gujarat, was to start commercial production in 2011 but difficulties in drilling 5,000 metres below the seabed pushed back the plan by about five years. GSPC, controlled by the state government, has already invested about $3.6 billion in exploring and building infrastructure around the block but with little success, and now wants ONGC's help on funds and drilling expertise.
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Vienna - Vienna Delayed Price. Currency in EUR
|Bid||0.00 x 4700|
|Ask||0.00 x 102300|
|Day's Range||22.20 - 22.20|
|52wk Range||18.50 - 22.55|
|1y Target Est||N/A|
Trade prices are not sourced from all markets
|P/E Ratio (ttm)||N/A|
|Avg Vol (3m)||6|
|Dividend & Yield||N/A (N/A)|