The facility will establish NOV as Saudi Arabia’s first local manufacturer of high-pressure spoolable composite pipe
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Algeria to rejuvenate ageing oil wells
Six EPFs have already been installed around the giant oil field of Hassi Messaoud, which produces more than 400,000 barrels per day (bpd)
Iran starts selling oil to Italy’s Eni
Eni was one of the main buyers of Iranian oil prior to the sanctions, which were lifted in early 2016
Aveva, Microsoft deliver oil and gas tech workshop
Microsoft’s new Middle East and Africa centre of excellence for Oil and Gas in Dubai drives digital transformation for the industry
Iraq boosts oil sales to China, US, India
The Unipec contract was signed just before the OPEC agreed with other producers led by Russia to cut output by as much as 1.8mn bpd in an effort to reduce a global fuel supply overhang and prop up prices
Saudi Aramco and Vivakor sign MoU for oil cleanup
Aramco has three designated oil waste disposal sites throughout the country and Vibakor will work directly with long-standing in-country agents in the oil cleanup process
Qatar to cut oil production in line with OPEC deal
Qatar Petroleum started advising its customers of the expected reductions in oil deliveries to ensure compliance with the recent Opec deal
Iran, Russia sign deal for oilfield studies
Gazprom will study both Changouleh and Cheshmeh-Khosh oil fields in Western Iran
KPC informs customers of lower oil supplies in Jan
As part of commitment and obligation to the OPEC agreement, Kuwait will implement its share of the reduction starting from January 2017
NIOC to explore oil and gas in Oman Sea
The exact amount of oil and gas resources in the Sea of Oman is still unknown, but primary studies are promising of satisfactory estimations.