Xodus predicts that crude oil and coal will decline to 1,500 Mtoe per year and 1,200 Mtoe per year respectively by 2040
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Posted inDRILLING & PRODUCTION
Global oil & gas prices in 2020 to fall short of forecasts due to coronavirus: Rystad
Another negative revision might be around the corner due to the increasing downside risk.
Posted inDRILLING & PRODUCTION
ADNOC plans to be one of the least carbon-intensive oil and gas producers
ADNOC CEO Dr. Sultan Al Jaber commented during the International Carbon Capture Utilisation and Storage conference in Saudi Arabia
Posted inDRILLING & PRODUCTION
Middle East gas market growing twice as fast as global energy demand
According to BCG’s report, the Middle East can deliver 8500 bcm of gas by 2030 marking the strongest growth in a decade
Posted inExploration
UAE gas find will boost energy self-sufficiency, but imports still needed: Rystad
The estimated 80 trillion cubic feet of gas is more than enough to enable the UAE to become energy independent by 2030
Posted inExploration
UAE makes 80trillion scf gas discovery in Abu Dhabi and Dubai
This is the first time ADNOC has explored for hydrocarbon resources in Dubai, with 10 exploration and appraisal wells
Posted inDRILLING & PRODUCTION
Iran plans 1bcm gas output: Rouhani
He says that measures have already been taken to bring up natural gas production by March
Posted inExploration
Sharjah National Oil Company makes first gas discovery in three decades
The Mahani-1 exploration well, located in the Area B Concession, is the first exploration well drilled by SNOC following the acquisition of a new 3D seismic survey
Posted inDRILLING & PRODUCTION
2020 oil and gas FIDs mark growth in importance of gas, says GlobalData
Final investment decisions in the upstream and midstream segments are heavily weighted towards gas and LNG
Posted inProducts & Services
Wood secures two-year extension for Aramco unconventional gas contract
Wood’s project execution teams will continue to work closely with Saudi Aramco to develop innovative engineering design and implementation strategies