The digital offering of Emerson Automation Solutions, among other service providers, is helping pipeline operators manage their assets better and achieve operational efficiency
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Cover Story: Determined defiance
Ahmed Kenawi, senior MENA vice president of Halliburton, talks about how the world’s second largest oilfield services company is banking on its core strengths and R&D-fuelled offering to stay competitive and consolidate its position
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
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
Earnings up as Shell switches to gas
Shell has faced questions over its commitment to the region, having pulled out of the $10bn Bab sour gas project in Abu Dhabi last year, and declining to pursue a stake in the emirate’s onshore Adco concession
Iran to hold tender for its fields in mid-February
OPEC’s third biggest oil producer hopes its new IPCs, which are part of efforts to sweeten the terms offered on oil development deals, will draw foreign companies and boost output
KSA likely to raise March crude prices to Asia
The March official selling price (OSP) for flagship Arab Light could rise by 10-30 cents a barrel from the previous month
China’s oil collapse could help OPEC
OPEC’s campaign to prop up oil prices is getting unlikely support from its biggest customer, according to Bloomberg.
OPEC chief confident in commitment for cut deal
Top exporter Saudi Arabia and Kuwait said they had cut production by more than they committed to, and Iraq, OPEC’s 2nd largest producer, said it too had reduced production and exports