Amin Nasser highlighted Al-Hasa’s rich unconventional resources, as well as localisation and diversity initiatives that centre around the area
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Posted inExploration
Eni makes new gas discovery in Nour prospect offshore Egypt
The company is active in Egypt through subsidiary Ieoc
Posted inDRILLING & PRODUCTION
Oman gas production to surpass oil by 2023: Rystad Energy
Rystad Energy forecasts Oman’s oil output to slump as older fields continue to age, and investments go into developing gas fields
Posted inDRILLING & PRODUCTION
Dana Gas and Crescent Petroleum’s $700mn Khor Mor expansion plan to increase gas output by 63% in two years
A 20-year gas sales agreement was signed between Pearl Petroleum and KRG, which will provide an additional 250 MMscf/day in gas sales to fuel local power plants
Posted inDRILLING & PRODUCTION
Global oil and gas FID volumes set to triple in 2019
Saudi Arabia is expected to contribute one fifth of global FID volumes, according to Rystad Energy
Posted inDRILLING & PRODUCTION
Basrah Gas Company to increase capacity by 40% by reducing gas flaring
The programme will capture flared gas from the three major oilfields Rumaila, West Qurna 1 and Zubair and convert it into dry gas for power generation and liquids for the domestic market and for exports.
Posted inDRILLING & PRODUCTION
Saudi Aramco reportedly considering multi-billion dollar US gas acquisitions
Saudi Aramco CEO Amin Nasser told Reuters the company was willing to spend “billions of dollars” to acquire natural gas assets in the US
Posted inProducts & Services
Ariel Corporation regional manager on gas compressor market trends
As natural gas use increases, gas compressors are in higher demand and the landscape has shifted for suppliers with oil price fluctuations and a changing energy mix
Posted inDRILLING & PRODUCTION
Dana Gas receives $324m from all its operations in 2018
The company ramped up production from debottlenecking in the Kurdistan Region of Iraq and the completion of the Balsam-8 well in Egypt
Posted inDRILLING & PRODUCTION
Iraq’s policies to support oil and gas development appear stalled, says GlobalData
Iraq’s oil production is growing, but existing contracts are not reaching their full potential