This South Korean company won a $2.4bn contract to build a seawater supply facility in Iraq from Basrah Oil Company. The facility will supply 5mn barrels of water per day for exploration and production, as Hyundai E&C seeks to ramp up activity in the country.
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Potential cost efficiency uplifting attractiveness of Asian market for oilfield chemicals manufacturers
A report by Future Markets Insights found that the global oilfield chemicals market is estimated to grow at a CAGR of 4% in the next 10 years
Eni in Kazakhstan for cooperation in technological upstream ventures and cultural initiatives
A subsidiary of Eni will work to expand technological cooperation in the exploration and production sector, and will see the establishment of an Italian Culture Centre
Oil & gas industry potentially losing trillions of dollars by not fully embracing digital
Monitor Deloitte’s managing partner, Bart Cornelissen, on why the oil and gas sector lags behind in digital uptake, and how it can jump ahead
Bahrain will allow foreign companies 100% ownership of oil and gas projects
The foreign company must have signed, or be in the process of signing an exploration and production deal with Bahrain
BP agrees to sell Egypt GUPCO stake to Dragon Oil
Dragon Oil, the upstream arm of ENOC, will add 70,000 barrels per day of production to its portfolio through the acquisition
High value UK portfolios being generated through unwanted late-life fields and redevelopment projects: GlobalData
A number of upstream companies have entered the offshore UK sector and created portfolios with above average remaining Net Present Value per barrel of oil equivalent through project redevelopments and asset acquisitions
NOCs in Thailand and Indonesia face challenging national production aspirations: GlobalData
The company’s latest research reveals that PTT Exploration and Production Public Company Limited (PTTEP) in Thailand and PT Pertamina in Indonesia will operate the majority of production in their respective countries by 2023
The Middle East Energy Awards: New categories revealed
These categories will make their debut at this year’s edition of the flagship industry awards event
Dragon Oil CEO comments on Egypt acquisition and regional expansion
In an exclusive interview with Oil & Gas Middle East, Dragon Oil CEO Ali Al Jarwan revealed the company’s progress on its $13bn expansion plans