83% of MENA senior oil and gas professionals predict their companies will either increase or maintain capital expenditure in 2019, the highest such percentage globally
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Exploration is the foundation of the oil and gas industry, and not in the way you might think
It is easy to get caught up in the day-to-day bustle of oil production, but its roots are inquisitive minds and explorative instincts
US oil production will outpace Russia and KSA combined by 2025: Rystad Energy
US liquids production is forecast to surpass 24mn barrels per day over the next six years, thereby outpacing the combined output from Russia and Saudi Arabia.
Protolabs adds nickel-based heat resistant alloy to 3-D printing portfolio for oil and gas
The alloy’s high strength and corrosion resistant properties, along with its ability to be used at extreme temperatures, has seen the material become widely popular in the use of downhole equipment across the oil and gas sector.
OPEC oil production dropped by 751,000 bpd in December 2018
Non-OPEC supply increased by 40,000 bpd in December 2018, mostly led by the Americas
Honeywell VP of EMEA sales on its new oil and gas technologies
Mansour Belhadj, vice president of EMEA sales for Honeywell, spoke to our reporters about industry digitalisation and some of the latest technology Honeywell is developing to transform oil and gas companies.
Eni will start drilling for oil in Bahrain in 2019: Bahrain oil minister
Mohammed bin Khalifa Al Khalifa, Bahrain’s oil minister, said that the first exploratory well will be drilled this year
Bank of America Merrill Lynch forecasts 1.6mn bpd OPEC+ output cuts, $70 per barrel oil in 2019
If global growth collapses, the firm says Brent could drop to $35 per barrel
Tendeka secures multimillion-dollar AICDs contract to boost oil recovery in Middle East
Tendeka will provide reservoir modelling and the installation of FloSure Autonomous Inflow Control Devices to boost production
$835bn in active oil and gas projects across GCC: ProTenders
Oil and gas accounted for 27% of main contract awards across the GCC in Q4 2018 and Q1 2019