Crescent Petroleum CEO Majid Jafar said that development of gas resources in the region has been hampered, and would boost growth of MENA economies
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BP to sell Alaska business to Hilcorp for $5.6bn
Provides significant progress towards $10bn divestment programme and advances BP’s strategic agenda
Eni makes significant gas and condensates discovery onshore Niger Delta
The well can deliver in excess of 100 million standard cubic feet/day of gas and 3,000 barrels/day of associated condensates, and will be immediately put on-stream
PDO completes second phase toward digital transformation strategy with Hexagon PPM
Major oil exploration and production company in Oman digitalizes operations to have a centralized, integrated and intelligent asset information solution
TAQA produced more than 1mn barrels of oil from Atrush in July 2019
The current rate of gross production at the Atrush block is approximately 34,000 barrels of oil per day
Q&A: Mubadala petroleum and petrochemicals CEO on diversifying in a changing industry
Musabbeh Al Kaabi, CEO of the petroleum and petrochemicals division of Abu Dhabi’s sovereign wealth fund Mubadala Investment Company, on his strategy for economic diversification, and operating globally in a shifting industry
Terra Drone Europe conducts oil rig platform survey and 3D modeling for Shell
Using modern GNSS techniques, the location of each and every asset on the rig platform was determined to facilitate accurate drill rig positioning
Eni closes $3.24bn acquisition of 20% equity interest in ADNOC Refining
The operation, which will cost the company approximately $3.24bn, represents a 35% increase in Eni’s refining capacity
Dana Gas considering sale of Egypt assets
This comes as the company seeks to focus on its assets in the Kurdistan Region of Iraq, where the majority of its reserves are located
Dana Gas plugs offshore Egypt Merak-1 well failing commercial discovery
Block six contains three other independent prospects, the potential of which are “unaffected by the Merak-1 well result,” according to Dana Gas