This contract is for five years and marks the entry of National Energy Services Reunited Corp (NESR) in the completions sphere in Kuwait
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Saudi oil minister confident in reaching Neutral Zone agreement with Kuwait in 2019
Khalid Al-Falih, Saudi Arabia’s energy minister, is hopeful that an agreement can be reached with Kuwait to restart production in the Neutral Zone
Shell and Oman oil & gas ministry sign funding agreement for 2019 gas development
The project aims to integrate the Shell and OOC share of the upstream project with the development of a gas-to-liquids plant currently under discussion
Honeywell opens Kuwait’s first in-country manufacturing and testing centre for oil and gas technologies
The centre builds ‘Made in Kuwait’ solutions for digital transformation initiatives across the country’s growing oil, gas and petrochemical sectors
Upstream oil and gas M&A and capital raising values totaled $47.9bn in Q4 2018: GlobalData
$27.3bn was registered in mergers and acquisitions (M&A) in Q4 2018, representing a significant decrease of 41% from the $46.2bn in M&A deals announced in Q3 2018.
DNV GL reveals five oil and gas trends and why MENA industry professionals are among the most optimistic
The technical advisor’s latest report surveyed 800 senior oil and gas professionals globally, and found that MENA has one of the highest confidence levels for its energy outlook. In the latest episode of Spotlight, Richard Bailey, vice president of oil and gas for DNV GL, talks about the key trends the company uncovered in its latest report, which surveyed senior oil and gas professionals across the globe.
Saudi Aramco and Bahrain to jointly study carbon capture and oil output boosts
Bahrain’s oil minister, Shaikh Mohammed bin Khalifa Al-Khalifa, met with Saudi Aramco’s chief technology officer (CTO) to discuss potential partnerships
Exclusive: PDO director of petroleum engineering on the oil and gas technology of the future
In our one-on-one with PDO’s Petroleum Engineering Director Ali Al-Gheithy, we learn about the key focus areas for the company in 2019
Iraq to drill 40 new wells in Majnoon field: Oil ministry
This is expected to boost production at the giant field to 450,000 barrels per day (bpd) by 2021, up from current output of 240,000 bpd.