Recep Tayyip Erdoğan, the President of Turkey, has signed a memorandum of understanding with Abdul Hamid Dbeibah, Prime Minister of the Tripoli-based Government of National Unity to explore the latter’s oil and gas resources
Exploration & Production
Saudi economy booms thanks to high oil prices and non-oil sector growth
Saudi’s economy is booming according to the latest Economic Insight report, commissioned by ICAEW, for the Middle East
Eni acquires bp's Algeria business
Eni has agreed to acquire bps upstream business in Algeria, including the two gas-producing concessions In Amenas and In Salah (45.89% and 33.15% working interest respectively)
ADNOC Offshore awards US$548mn EPC contract to NPCC
Abu Dhabi National Oil Company (ADNOC) Offshore has awarded a US$548mn (AED2.01bn) EPC contract to build a new main gas line at its offshore Lower Zakum field to National Petroleum Construction Company (NPCC)
Enteq launches XXT-Hop series realtime communications solution for drilling
Enteq, the energy services technology and equipment supplier, has announced the launch of the XXT-Hop series, a real time communications solution for RSS and MWD operations