The pair could soon sign a memorandum of understanding for future collaboration
Search results
Eni starts production in Western Desert, makes new discoveries onshore Egypt
Production of the South West Meleiha permit started-up with some 5,000 barrels of oil per day. Two new oil discoveries in the Meleiha development permit, a gas discovery in the new onshore El Qar’a exploration lease in the Nile Delta and a new oil discovery in the Gulf of Suez in the development lease of Abu Rudeis Sidri were also made.
Mubadala Petroleum to farmout a 20% participating interest in Indonesia assets
Mubadala Petroleum is the largest net acreage holder in the area, securing the core of the North Sumatra basin for future exploration growth
Libya NOC and Schlumberger to establish Benghazi training centre
Courses will include additional recovery methods, directional drilling and fracturing techniques as well as methods to develop shale oil reserves
Libya NOC to power Obari plant with gas instead of oil
The switch is supposed to increase efficiency while reducing emissions, and would save 15,000 barrels per day of oil which could be sold internationally
Turkey to commence drilling off Cyprus coast within a week, US and EU react
Turkey’s second drillship has anchored off of Cyprus, sparking tensions with the US, EU and Cyprus, all of which condemned its actions
Global oilfield chemical market to account for $33.94bn by 2025, finds Frost & Sullivan
Economic turmoil in some countries has also curtailed investment in oilfield services and, in turn, the demand for oilfield chemicals
Judging panel for the Middle East Energy Awards revealed
These experts from across the upstream, downstream and utilities sectors will convene to decide the winners of the Middle East Energy Awards
Eni receives approval for the Abay subsoil use right
The agreement grants the subsoil use right for exploration and production of hydrocarbons within joint operations on Abay, an offshore area in the Kazakhstani sector of the Caspian Sea