Iranian senior official said exploration was also being carried out for shale gas reserves in the area, and the studies were expected to be completed by October 2017
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ADNOC to invest in E&P, technology and people: CEO
Sultan Al Jaber says by 2040, the world will require 25% more energy that is the equivalent of adding the current energy draw of North America and South America combined
NIOC reveals oil, gas discoveries
In-place oil and gas reserves in the newly discovered fields in the south are estimated to hold 6.5bn barrels of crude oil and 1.7tn cubic meters of natural gas
A ‘general’ way to a special management
Pipeline inspection technologies are a key component of GE Oil & Gas’ offering to the energy sector. Rami Qasem, president & CEO for the global digital major’s oil and gas division in the MENAT region, describes the company’s pipeline integrity portfolio
Need for proper management drives growth
With pipeline networks in the oil and gas industry forecasted to grow at 3.4% between 2016-19, the requirement for asset integrity and maintenance services will keep the market and its players busy
ExxonMobil in talks with South Sudan over oil deal
In addition to Exxon Mobil, France-based oil and gas company Total SA and London-based Tullow Oil Plc have shown interest in buying stakes of the untapped reserves
DNO plans increase in Oman’s Bukha oil production
DNO reported interim 2016 operating profits of $6mn, reversing an operating loss of $174mn in 2015
Dana Gas reports net profit of $33mn for 2016
The company continued to remain profitable in 2016 despite taking a charge on the currency devaluation in Egypt and a lower share of production
SNOC, Petroleum Institute to collaborate on E&P
The agreement aims to exchange knowledge between the PI’s research team and SNOC’s E&P experts and to provide Msc and PHD internship opportunities for the PI students
DNO reports Kurdistan payment for oil deliveries
Norway’s DNO has reported receipt of $35.45mn from the Kurdistan Regional Government as payment towards November 2016 crude oil deliveries to the export market from the Tawke field