Its collections came from Egypt, the UAE, and its share of Pearl Petroleum Company in the Kurdistan Region of Iraq
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Posted inExploration
Norway has highest number of oil and gas discoveries in Q3 2019, says GlobalData
By region, South America and Europe led Q3 with eight discoveries each, followed by Asia and Africa with five each
Posted inProducts & Services
N-Sea marks $15mn Middle East contract awards in 2019
To support the extensive project work, N-Sea has increased its Dubai-based personnel from two employees to ten since April 2019
Posted inDRILLING & PRODUCTION
Dragon Oil acquires BP’s stake in Gulf of Suez
L&T showcases its EPC edge at WETEX 2019 in DUBAI
Posted inProducts & Services
Intertek expands sour corrosion testing services at Sharjah Corrosion Facility
New and redesigned test equipment has been added to the laboratory, extending the services offered and addressing growing customer demand for both low water-cut electrochemical tests and the testing of fluids with elevated levels of hydrogen sulphide gas
Posted inDRILLING & PRODUCTION
Lebanese PM Saad Hariri eyes UAE investment into budding oil and gas sector
After prolific finds in the Mediterranean, including the coast of Egypt and Cyprus, Lebanon has begun its own efforts to explore its waters for hydrocarbons
Posted inOilfield Services List
Tendeka
While Tendeka might be a smaller company than others among this list, it has recently made impressive moves in the region, with the past year marking its entry into Saudi Arabia, Iraq, and North Africa, including Egypt, Libya and Algeria. The company delivered 55 well inflow control projects in the region, as well as five […]
Posted inOilfield Services List
ADES International Holding
ADES reported $194.9mn revenue for 2018, and seems poised for growth; the company brought in $108.7mn revenue in Q1 2019 alone. The company secured multiple contract extensions and awards through the year, across Saudi Arabia, Algeria, Kuwait and Egypt, and boasts a total training budget of over $1mn. It also acquired three jack-ups from Nabors […]
Posted inDRILLING & PRODUCTION
Oil price spike after Saudi attack likely short-lived: Rystad Energy
The market’s bullish response to the sudden drop in Saudi Aramco’s production following attacks on its infrastructure could be softened by Saudi Arabia’s crude reserves
Posted inDRILLING & PRODUCTION
Natural gas is the future of MENA economies: Crescent Petroleum CEO
Crescent Petroleum CEO Majid Jafar said that development of gas resources in the region has been hampered, and would boost growth of MENA economies