Exploration & Production

Offshore project sanctions in 2019 to surpass 2014 numbers: Rystad

14390954564 8330e482eb zThe offshore industry has turned a corner and can reach a potential project commitment total of US$123bn in 2019, surpassing commitments in 2014 of US$78bn

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UAE’s Mubadala farms out Indonesian gas blocks to Premier Oil

MubadalaMubadala Petroleum has announced that it has signed an agreement with UK oil company Premier Oil to farmout a 20 per cent stake in two Indonesian gas blocks

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Deepwater leads the way in oil, gas discoveries in 2019: Rystad

16987420315 486b886ffb zGlobal discoveries of conventional oil and gas totalled 6.7bn boe in the first half of 2019, according to Norwegian energy research and consultancy Rystad Energy

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NESR announces multiple contract awards in Bahrain

46292983065 0f10dcb5c7 zNational Energy Services Reunited Corp (NESR) has received multiple awards of contracts for well intervention services from Tatweer Petroleum — Bahrain Field Development Company W.L.L

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ADNOC, Korean firms celebrate first oil production from Haliba field

PR Al Dhafra 02072019 1Al Dhafra Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC), Korea National Oil Company (KNOC) and GS Energy, has announced that it has started producing crude oil from Abu Dhabi’s Haliba field

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