The move is aligned with the UAE’s overall efforts to diversify its energy sources
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EPC contractor Galfar’s JV secures $83.1 million contract from Shell Oman
The scope of work includes design and build and operation of the field operating base
L&T, Petrofac in advanced stages of construction for $200 million project
According to data from DMS Projects, the engineering work for the project has been fully completed
Eid holidays: UAE to enjoy 4-day long weekend
In 2023, Ramadan is expected to begin on March 23, which is subject to change based on relevant moon sightings
COP 27: UAE, Jordan and Israel sign solar energy deal
The three countries will continue to develop plans for COP 28, which will be hosted by the UAE
Eni, Sonatrach begin fast-track production at Algerian field
Italian major Eni announced yesterday the start-up of the HDLE/HDLS oil field in in the Berkine North Basin onshore Algeria, only six months after its discovery in March. HDLE/HDLS is currently producing 10,000 b/d. Production ramp up will be achieved through an accelerated development plan which envisages the drilling of new wells in 2023. According […]
What happened to output cuts? OPEC ends up boosting crude production, survey shows
Even though OPEC+ had pledged to cut output by 100,000 b/d in October, the alliance hiked production by 220,000 b/d instead, as several members recovered lost barrels by outages and maintenance, a survey by S&P Global Commodity Insights reported. Sharp production increases from Kazakhstan, Russia and Iraq were offset by losses in Saudi Arabia and […]
One integrated network for all your needs in production
Huawei offers an integrated O&G gas field network solution that uses critical technologies for a secure and stable integrated network to foster collaboration and intelligence in production
APICORP to set up $75 million Islamic facility for carbon offsets
Debut Islamic transaction will fund high-quality carbon offsets to support the global energy transition
Arabian Drilling shares jump after IPO debut
The shares jumped as much as 20% to 120 riyals on Monday