These companies have made it through the first hurdle on the way to the Middle East Energy Awards
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Ruler of Fujairah emphasises emirate’s role in attracting oil investors
The emirate’s strategic location and well developed infrastructure has seen energy companies invest in this storage hub
Iraq and Kuwait sign agreement to explore border oil field opportunities
The pair signed an agreement with ERC Equipoise to prepare studies for two shared oil fields, Rumaila South Rataqa and Safwan Al Abdali
Terra Drone Europe conducts oil rig platform survey and 3D modeling for Shell
Using modern GNSS techniques, the location of each and every asset on the rig platform was determined to facilitate accurate drill rig positioning
OPEC oil output hit eight-year low in July: Reuters survey
Saudi Arabia was responsible for the bulk of the drop, with production from the nation sitting approximately 660,000bpd lower than the quota agreed upon by OPEC
Sabotage at Sharara halts production from Libya’s largest oil field
Libya NOC has reinstated force majeure on crude oil loadings at Zawiya port following the illegal closure of a pipeline valve blocking crude oil supply from Sharara
Oilfield services employment shifts towards offshore
Rystad Energy has found that employment in the oilfield service industry is shifting towards offshore
Kuwait reports $60.7bn oil revenue in fiscal year 2018
The nation saw a 29% jump in its oil revenue, along with a 24% boost in its non-oil revenue
Force majeure lifted on Sharara crude oil loading from Zawiya port
Production has resumed and all valves across the pipeline are now open