The Tethered BOP system arrests the motion of the BOP stack above the wellhead, substantially reducing wellhead cyclic stresses and enhancing fatigue life.
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BASF subsidiary Wintershall merges with LetterOne subsidiary DEA
The companies will merge to form a joint venture, Wintershall DEA
Total makes major 1tcf offshore gas discovery
The new discovery, off the shore of the UK, holds recoverable resources estimated at one trillion cubic feet.
Top-30-Oilfield-Services-Companies-2018-05. Emerson
The number of firms offering automated solutions to the industry is a crowded space, but Emerson heads the pack. The firm has seen a key facility in Saudi Arabia open, while the acquisition of software provider Paradigm, which has combined with Emerson’s own Roxar business, has created a comprehensive exploration and production software portfolio. France’s […]
Three oil & gas professionals among Forbes Middle East’s “Most Influential Women 2018”
The three women represent three different Gulf countries and areas of expertise
Iraq’s oil & gas industry could grow with investment in skills and training
Michael Bradley and Aows Dargazali, operations managing director – MENA, UniHouse see potential and progress in the Iraqi industry
DNV GL forecasts gas to overtake oil demand as gas capital expenditure grows
The report says usptream gas capital expenditure will grow to a peak of $1.13 trillion in 2025
Mubadala Petroleum to develop Russian oilfields with Gazprom Neft and Russian Direct Investment Fund
The joint venture, Mubadala’s first step into the Russian oil market, will develop oilfields in Western Siberia.
Oil Plus secures contracts worth $800,000 in the Middle East and India
The 40-year-old oil and gas consultancy is expanding its reach in the Middle East.
Aramco VP: Upstream oil & gas must “rise to challenge” of digital transformation
“After coming through the downturn, the petroleum industry is on the verge of a technological revolution,” said Khaled A. Al-Buraik, vice president, Southern Area Oil Operations for Saudi Aramco