The price of Brent crude rose to $86.6 per barrel on the news of the output cut
production
Posted inProducts & Services
One integrated network for all your needs in production
Huawei offers an integrated O&G gas field network solution that uses critical technologies for a secure and stable integrated network to foster collaboration and intelligence in production
Posted inExploration & Production
DP World-owned company begins construction of oil production module in Dubai
Following completion, the topside module will be transported to the Karish field for integration onto a FPSO vessel
Posted inExploration & Production
Baker Hughes secures contract from Iraqi oil company to boost gas output
Iraq’s state-owned Dhi Qar Oil Company aims to increase the production of associated gas in the Nassiriya and Al-Gharraf oilfields
Posted inExploration & Production
Saudi oil giant ready to boost crude oil output, if needed
The world’s largest exporter of crude oil said it stands ready to accelerate production to its maximum capacity of 12.3 MMbbl/d over the next three years
Posted inEarnings, DRILLING & PRODUCTION
Big Oil, US shale companies report bumper second-quarter profits
Soaring energy prices and strong demand recovery has boosted Big Oil’s profits, which have exceeded estimates