Chris Gill of Fire Protection Systems provider Viking, believes that achieving laudable HSE standards in oil and gas operations is reliant on adoption of effective fire safety mechanisms
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KSA surpasses Russia, US in terms of oil reserves: Report
The addition of 73bn barrels of recoverable oil since the publication of Rystad Energy’s 2016 annual review comes as a result of lower tax rates for Saudi Aramco
Winners of international IQ-CHem petrochemicals start-up contest declared
The international IQ-CHem platform for petrochemical start-ups, created in 2017, will contribute to the development of co-operation between start-ups and existing corporations, with the aim of improving technological processes in the industry.
Data: Navigating the low oil price cycle
Senior analysts at consultancy firm, Oliver Wyman, suggest five steps for achieving sustainable cost optimisation in the oil and gas industry
Sonatrach and Repsol sign pact to end dispute, consolidate ties
Spain’s Repsol sought arbitration last year against Algerian major Sonatrach over changes made to profit-sharing terms about a decade earlier
Italy’s Eni to explore offshore block in Oman
Italian major has signed an MoU with state-owned Oman Oil Co to explore the Sultanate’s only offshore block for oil and gas reserves, in partnership with OOC subsidiary Oman Oil Company for Exploration & Production (OOCEP)
Emerson announces completing Statoil’s uncertainty management contract
Emerson’s Tempest ENABLE software will help oil and gas producers gain better insight into reservoir production scenarios, the American service provider
PDO, Omani firms sign compressor deals worth $35mn
The deals are a further example of PDO’s commitment to in-country value to retain more of the oil and gas industry’s wealth in the Sultanate and develop local supply chains.
Special Report: Downturn has had little effect on FPS market
Tech Navio, a London-based research firm, predicts the global FPS market within the oil and gas industry will grow steadily, at a compound annual growth rate of close to 4% during the 2016-20 period
Cover story: Resolute progress
O&GME travels to Kassel, Germany to attend the annual press conference of Wintershall. We speak to CEO Mario Mehren about the company’s financial performance, its upstream activities around the world and its operations and plans in the MENA region