“We need more Guyanas, a lot more, and we need them soon,” says Simon Flowers of Wood Mackenzie.
Exploration
Topaz Energy and Marine reports $151 million half-year revenue
The offshore support vessel and logistics company announced a 30% increase in its half-year revenue.
Saudi Aramco signs MoU with Moscow State University for upstream oil and gas innovation
Saudi Aramco is expected to transform Moscow State University’s theoretical research into practical upstream solutions
Emerson’s interactive reservoir modelling software updated to enable better decision-making
Roxar RMS 11 includes new facies modelling tools for channelised reservoirs
Aramco handed 40-year exploitation deal in the kingdom
Oil giant given long-term arrangement as part of IPO preparations.
Aramco highlights upstream achievements in its Annual Review
Oil giant produced an average of 10.2mn barrels per day of crude oil including condensate.
Nigeria and Mozambique dominate capex outlook in sub-Saharan Africa to 2025: GlobalData
Leading data and analytics company sees tens of billions of dollars of capex routed to the region.
Dana Gas posts $24mn H1 net profit, restructures sukuk
Firm’s KRI expansion on track to deliver 25% production increase in Q3.
Subsea tie-backs will be leading development solution for North Sea oil and gas projects to 2023: GlobalData
Leading data and analytics company says more than half of all new fields in the region will be subsea.
Confusion over Total’s Iran gas deal
Iranian government official seems to make contradictory statements over French supermajor’s future in the South Pars project.