The 12,000 m2 facility will manufacture internationally bench-marked analyzer systems, transmitters and control systems panel assemblies
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Jordan opens nine concession blocks for exploration
The country is trying to reduce its reliance on energy imports
Petronas partners with AVEVA for digital transformation
Petronas selected AVEVA Unified Supply Chain in the cloud to enable simplified business processes and deeper collaboration, while reducing value leaks and sustaining productivity
Galfar awards Penspen contract for 51 Abu Dhabi wells
The scope of the project is to increase the crude oil production from the subject fields whilst ensuring timely delivery of multiple type of wells in task order
Petrofac reaches agreement for $700 million facility extension
Petrofac expects to report a net debt of $116 million as of 31 December 2020
Safe Influx and Weatherford mark successful trial of integrated MPD and automated well control
Collaboration between Weatherford and Safe Influx brings to market the integration of cutting-edge technologies
Aramco inks $12.4 billion infrastructure leasing deal
A newly-formed subsidiary, Aramco Oil Pipelines Company, will lease usage rights of Aramco’s stabilized crude oil pipeline network over a 25-year period
MENA economies face rapid accumulation of public debt: World Bank
Accumulated Cost of the Pandemic Estimated to top $227 Billion by End of 2021
Growth of US shale industry to hinge on capital budget discipline
The majority of operators have stated that they are planning to operate within free cash flow to fund their future capital expenditures
Why the energy sector should embrace tokenisation
Adding blockchain to oil and gas operations could boost efficiency and optimise workflows