Natural gas is still showing strong signs of becoming the world’s second most important source of energy over the next decade, according to Majid Jafar, CEO, Crescent Petroleum, the Middle East’s oldest private oil and gas company.
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The year in review:Â Relative stability in 2017
As the year draws to a close, experts at Euro Petroleum Consultants, Colin Chapman and Ekaterina Kalinenko, consider some of the major trends that have shaped the Middle East region’s oil and gas industry during 2017
DNO triples production from Peshkabir field in Kurdistan
The production was increased to 15,000 barrels of oil per day following completion of the Peshkabir-3 well testing, stimulation and clean-up programme.
December 2017 Special Report: Suppliers: A pivotal localisation enabler
International service providers have aligned their companies’ growth strategies with the national agendas of regional states, and are investing in ICV for their own benefit
Roundtable discussion: Digitising assets and operations
Oil and gas industry stakeholders met in Dubai for a discussion, sponsored by AVEVA, to explore how the promise of digitalisation can be enabled through strategies for assets and their lifecycles
Cover story: A force to reckon with
Lorenzo Simonelli, CEO of Baker Hughes, a GE Company, in an exclusive interview elaborates on how the mega merger between two oilfield services majors has created a giant entity, that is in command of a exhaustive oil and gas portfolio
ADIPEC 2017 preview Q&A: Trans Asia Pipeline
Interviewee: Surendranath Dhanekula, Managing Director, Trans Asia Pipeline Services FZ LLC
ADIPEC 2017 preview Q&A: Clarcor
Interviewee: Daniel Burch, Global Marketing Manager, CLARCOR Industrial Air, a Parker company
ADIPEC 2017 preview Q&A: WorleyParsons
Interviewee: Krishnaswamy Iyer, Regional Managing Director, Middle East & Africa, WorleyParsons
ADIPEC experiences record bookings from Russia, Central Asia
With CEO-level delegations from Russia’s top oil and gas companies attending, the country’s national pavilion for 2017 ADIPEC is more than five times in size compared to 2016.