DNO ASA, the Norwegian oil and gas operator, has announced the signing of a memorandum of understanding (MoU) with the National Iranian Oil Company (NIOC) to conduct a study concerning the development of the Changuleh oilfield in western Iran
Event News
Middle East share of global oil production at 40-year high say IEA
The Middle East accounted for 35 per cent of global oil production in October, its highest level in over 40 years, said Dr Fatih Birol, executive director of the IEA at a press conference marking the launch of its World Energy Outlook 2016
Oil professionals rate best employers
Shell come out on top as Rigzone undertake their inaugural ideal employer survey of 8,400 professionals in 100 countries
Intergraph PP&M ME 2016 Roadshow at KSA and UAE
A number of high profile speakers attended the Intergraph PP&M Middle East Show 2016 at the Holiday Inn Al-Khobar Corniche, Al Khobar and Sofitel Hotel Corniche, Abu Dhabi
Oil demand growth could fall below one per cent by 2018
Production-capping would not protect long term future of hydrocarbon sector, says Wermuth Asset Management as wew fossil fuel projects only make sense at output costs below US$5 per barrel and the UAE likely to lead the GCC in developing solar power infrastructure