TAQA's latest strategy focuses on developing its utilities business in the UAE and internationally
Abu Dhabi National Energy Company PJSC (“TAQA”), one of the largest listed integrated utility companies in the region, announced today that it has initiated a strategic review of its oil and gas operations. Since 2005, TAQA has built a high-quality portfolio of upstream and midstream oil and gas operations in the UK North Sea, the […]
The block is operated by Eni with Petroci Holding, who hold 90% and 10% respectively in the exploration phase
Eni announces a major oil discovery in block CI-101 offshore Ivory Coast. The block is operated by Eni with Petroci Holding, who hold 90% and 10% respectively in the exploration phase. The offshore discovery well has been drilled on the Baleine prospect, with the support of the Government in the difficult context of the pandemic-covid-19. […]
Active participation of industry leaders along with the support from regulatory bodies in gas flaring countries would expedite the reduction of global gas flaring
The growing public awareness about global warming and climate change have catapulted world leaders to address gas flaring. Global platforms such as the UN are encouraging countries to set themselves targets to reduce and subsequently eliminate it from oil and gas operations. Industry consortiums such as IPIECA and OGCI are designing framework to decrease its […]
US-based Comstock Resources is owned by Dallas Cowboys’ owner Jerry Jones and has its corporate headquarters in Texas, US
The Oman-based land seismic acquisition company will use STRYDE’s Nimble and Compact systems to obtain better high-definition images for oil and gas exploration across several projects
Pioneering seismic technology provider STRYDE has announced an agreement with Africa Geophysical Services LLC, a land seismic data acquisition and processing company in Oman, to supply 154,000 of its nodes for projects in Oman and Africa. The deal is the largest for STRYDE in the Middle East and demonstrates the increasing preference for nodal systems […]
Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in H2 2021 are located in shallow water
Over 35% of the acreage available in licensing rounds that are either open or scheduled to close in H2 2021 are located in shallow water, while ultra-deep water and deepwater acreage account for 24% and 19%, respectively, according to GlobalData, a leading data and analytics company. The company’s report, ‘H2 2021 Global Bid Round Outlook – […]
Gross profit increased by 133% to $91 million and revenue increased by 19% to $216 million
Dana Gas PJSC (the “Company”), the Middle East’s largest regional private sector natural gas company, today announced its financial results for the half year ended 30 June 2021. The Company has delivered one of its strongest half-yearly results with H1 2021 net profit of $139 million (AED 511mm) compared to a loss of $19 million […]
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The company will continue to operate Dana Gas Egypt’s assets
The two companies will explore concepts and technologies to reduce the carbon footprint in existing offshore and LNG facilities
