Exploration & Production

OPEC+ will continue production restraint: Wood Mackenzie

pumping gas 1631634 640Wood Mackenzie expects that OPEC+ will continue production restraint through the second half of 2019, rolling over the current agreement

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KOC awards Halliburton integrated offshore services contract

KOC Signing 2Kuwait Oil Company (KOC) and Halliburton have signed an integrated offshore drilling services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf

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OPEC+ will not be able to increase output for the rest of 2019: Rystad

45776980685 224c7ebecf zThe OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy

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Dana Gas commences drilling operations at Egypt concession area

7423982576 3ce7ca1197 zDana Gas PJSC, a Sharjah-based natural gas company, has announced it has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt

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No oil in Kekra-1 prospect

oil rig 2191711 640Italian major Eni, as operator, together with the USA supermajor ExxonMobil and local players PPL and OGDCL as partners, drilled the Kekra-1 prospect

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