In Lebanon, the Mediterranean country devastated by war, gas could solve key economic issues and help the country keep its lights on
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What to expect at ADIPEC 2018
The Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) takes a keen eye to digitalisation and other factors that will foster a bright future for oil and gas
ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020
The Supreme Petroleum Council approved ADNOC’s 2019-2023 $132bn Capex for growth across value chain
Emerson launches upgraded reservoir engineering automation suite
Tempest 8.3 offers reduced cycle times and more accurate forecasts
Eni to acquire 49% stake in three onshore Algeria concessions
The company will also partner with Total and state oil company Sonatrach for offshore exploration
Eni announces a new oil discovery in offshore Norway licence
Preliminary estimates of the size of the discovery range between 50mn and 60mn barrels of oil in place, with 15mn to 25mn recoverable
Petronas acquires 10% stake in Oman’s Al Khazzan field
Wood Mackenzie estimates that the deal “could be worth in excess of $1.3bn…”
Carlyle Group to acquire energy and infrastructure services company EnerMech Group
EnerMech plans to double its business in the next five years.
ADNOC CEO: Oil and gas has opportunities for expansion as Asian energy demand grows
“Never before in history has the map of the word’s energy needs looked so promising and so rewarding,” said HE Dr. Sultan Ahmed Al Jaber.