Non-OPEC supply increased by 40,000 bpd in December 2018, mostly led by the Americas
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Dana Gas receives $324m from all its operations in 2018
The company ramped up production from debottlenecking in the Kurdistan Region of Iraq and the completion of the Balsam-8 well in Egypt
Dana Gas hits production landmark of 70,000 boed
This comes as a result of a debottlenecking project in Kurdistan
Dragon Oil CEO Ali Al-Jarwan on the company’s $13bn expansion plan and its 2019 acquisition budget of $500mn
Industry veteran and Dragon Oil CEO Ali Al-Jarwan talks about the company’s $13bn plan to expand existing projects, and the $500mn it will spend in 2019 to acquire new assets
Weatherford completes $92.5mn sale of Saudi Arabia land drilling rigs
The sale is part of a larger, $287.5mn sell-off of land drilling rig operations in Algeria, Kuwait, Saudi Arabia and Iraq
Dana Gas increased Kurdistan production capacity by 30%
Dana Gas and Crescent Petroleum announce 30% gas production increase in Kurdistan Region field
Leadership in transformation: BHGE CEO Lorenzo Simonelli on a changing industry
Lorenzo Simonelli, chairman and CEO of Baker Hughes, a GE company, talks about the changing oil and gas landscape: localisation, digitalisation and collaboration between operators and service companies
These eight countries received waivers on Iranian oil sanctions
Some of Iran’s top customers are on the list of countries given temporary waivers
US will temporarily grant eight countries waivers to continue importing Iranian oil
This comes as the US treads the line between sanctions on Iran and potential oil supply disruptions
International Energy Agency: Major oil and gas exporters face ‘unprecedented challenges’ ahead
The agency’s Outlook for Producer Economies examined resource-dependent economies, like Saudi Arabia and the UAE