In the case the ban lasts for only one presidential term, the above effect would be 175,000 bpd by 2030
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Posted inDRILLING & PRODUCTION
Libya NOC to open office in London
The London office, set to open around March or April in Mayfair, will oversee consultancy tenders, portfolio management and capacity building services
Posted inDRILLING & PRODUCTION
Saudi Arabian energy ministry rebrands with energy transition focus
The new logo is meant to represent the nation’s focus on a diverse energy mix including renewables
Posted inProducts & Services
GCC capital markets show signs of recovery amidst ongoing uncertainty
$1.5 billion worth of sukuk issued by DP World in H2 2020 on Nasdaq Dubai
Posted inProducts & Services
IMF lifts growth forecast for 2021 amid ‘exceptional uncertainty’
The IMF estimated that Saudi Arabia would see 2.6% growth in 2021, jumping up to 4.0% in 2022
Posted inExploration
After the costliest Chapter 11 year in history, 2021 bankruptcy numbers will normalize if WTI keeps up
Combined debt in the industry for companies filing for Chapter 11 bankruptcy hit $102 billion in 2020
Posted inExploration
Aramco and stc launch Dammam 7 supercomputer
It will be used to push exploration and production through cutting edge technology
Posted inDRILLING & PRODUCTION
Crescent Petroleum CEO highlights role of natural gas in national energy strategies, post-COVID world
Natural gas to play a leading role in the energy transition