Iraq’s oil production is growing, but existing contracts are not reaching their full potential
oil production
Posted inNews
UAE energy minister announces ADNOC’s January crude oil allocation reductions
Suhail Mohamed AlMazrouei tweeted out the reductions on Monday, with a positive outlook for 2019
Posted inDRILLING & PRODUCTION
APICORP: Libya could be key to stabilising oil price
Libyan oil output doubled between June and October 2018
Posted inDRILLING & PRODUCTION
These eight countries received waivers on Iranian oil sanctions
Some of Iran’s top customers are on the list of countries given temporary waivers
Posted inDRILLING & PRODUCTION
ADNOC plans $132bn Capex until 2023, gas self-sufficiency and oil production capacity of 4mn bpd in 2020
The Supreme Petroleum Council approved ADNOC’s 2019-2023 $132bn Capex for growth across value chain
Posted inDRILLING & PRODUCTION
Saudi Aramco boosts export capacity of Yanbu South Terminal
The facility’s integration with the existing crude oil supply network adds 3mn barrels per day to Saudi Aramco’s export capacity through the West Coast
Posted inProducts & Services
OMV and Schlumberger sign MoU for digital solutions
OMV says the collaboration would give them early access to new technology, and would enhance their position in certain areas.
Posted inDRILLING & PRODUCTION
EOR will grow and change in an era of recovery and technological advancement
In the midst of recovering oil prices, EOR is set for a big boost thanks to Big Data
Posted inDRILLING & PRODUCTION
How the region’s NOCs are tackling enhanced oil recovery
David Branson, Executive Advisor with Strategy&, part of the PwC network, says the Middle East’s NOCs are in the early stages of EOR development.
Posted inProducts & Services
ME region urged to invest in crude production
Countries in the region will have to build on its crude production capacity to balance revenue deficit