Exploration & Production

Abu Dhabi’s TAQA exceeds one mmbbl of oil per month in Iraq oil field

taqa rig largeAbu Dhabi National Energy Company (TAQA) stated that its subsidiary TAQA Atrush B.V. has set a new production record from the Atrush oil field in the Kurdistan Region of Iraq

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ADNOC awards US3.6bn contracts to support upstream growth

ADNOC 1The Abu Dhabi National Oil Company (ADNOC) has announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement

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McKinsey forecasts near-term upside but a challenging long-term outlook for refining

Tim Fitzgibbon 1McKinsey Energy Insights states that new refinery capacity led by greenfield projects in Asia and the Middle East is expected to have a negative impact on global hub refining utilisation as early as 2022

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Gazprom Neft produces its 100-millionth barrel of oil at the Badra field

b1abea40f20ebaa02f8f3808e4e58b61Gazprom Neft, the oil-producing arm of Russian gas giant Gazprom, has announced that the Badra oilfield in Iraq had produced 1.8mn tonnes of oil since the start of 2019

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Gazprom tops global growth ranking, says Rystad Energy

rystad 16a1Russian giant Gazprom saw the highest production growth over the last five years, followed by shale gas players in the USA and China, while BP dominates among the majors, according to Rystad Energy

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