Industry

Operational production costs in oil and gas industry have fallen globally: Rystad

worksite ltd 7syIOxlLpfA unsplashOperational production costs in the oil and gas industry have fallen across the globe, with the UK emerging as a cost-cutting powerhouse among global offshore regions, according to an analysis by Rystad Energy

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AIS Training and Survivex sign new training management contract

ATS trainingThe UK’s energy sector training providers, AIS Training and Survivex, part of the 3T Energy Group, have signed a contract with Well-Safe Solutions, to manage and deliver all of its training requirements and provide an IT platform to support its competence management system

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Oil price surges on Soleimani assassination

48970274016 f6e433ed66 cThe assassination of top Iranian military commander Qassem Soleimani by a pre-dawn American air raid near Baghdad airport on Friday has caused a remarkable spike in Brent crude prices, taking it to over US$70 on Monday 6 January, according to a report by CITYA.M., the first time Brent crude has exceeded the US$70 threshold since September

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ENOC opens two new solar-powered service stations in Dubai

large 1181234278845648090Emirates National Oil Company (ENOC) Group has announced that two service stations have opened at Dubai Hills and Lehbab First, expanding ENOC’s network to 135 stations across the UAE

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NBK discusses means to boost strategic partnership with Kuwait Oil

NBK 2020 01 06A staff mission from the Group Human Resources at the National Bank of Kuwait (NBK) has made a visit to the Kuwait Oil Company (KOC) to discuss means to boost strategic partnership between both parties especially in the field of development

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