Plan will maximise gas exploration and production strategy
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Workplace diversity fundamental to the sector
ADIPEC ‘Women in Energy’ Conference Sheds Light on Milestones and Challenges for Female Professionals
More spending cuts as UAE predicts oil shortages
Further investment cuts will mean a 3% reduction this year in oil and natural gas production, equivalent to 5mn barrels of oil, and another 4%, or 6mn barrels, in 2017
GE-Baker Hughes set the pace for sector activities
Since crude oil prices plunged in 2014 in the face of oversupply, deals have been fitful, with large players such as Schlumberger and Technip buying smaller rivals.
European energy majors looking to cut costs
Major energy companies around the world continue to search for new ways to combat low oil prices
Exxon beats estimates with $2.7bn earnings in Q3
Analysts were expecting Exxon to report EPS of 58 cents on revenue of $63.85bn.
Iraq offers oilfields under new contract terms
The new invitation to tender allows oil companies to ‘submit their own proposals for contractual, commercial and financial terms and conditions’, a clear shift from the service contracts used for the country’s giant southern fields.
The UAE’s new energy playbook
The UAE’s energy sector is in the midst of a transformational chapter, as innovation and diversification become invaluable tools to ring-fence Abu Dhabi’s oil revenues and bolster the country’s questionable gas security
ADIPEC 2016: Emphasis on efficiency
The ADIPEC will play a key role in bringing together global industry stakeholders to the massive industry gathering to discuss how to do ‘more with less’ in this low oil prices era. O&GME is proud to be an official regional media partner.
ENOC: Expansion through diversification
Saif Humaid Al Falasi, group CEO at the Dubai Government-owned ENOC, says he realises that the current period of downturn in the global oil and gas market requires the development of policies and strategies capable of handling these market fluctuations