Exploration & Production
Hess selects Halliburton well construction suite to implement digital wells
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Hess Corporation has selected Halliburton Landmark’s DecisionSpace 365 Well Construction applications powered by iEnergy Hybrid Cloud to plan, design, and construct safe, cost effective, and productive wells
ADNOC Drilling and Masdar explore geothermal energy opportunities
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ADNOC Drilling has signed a five-year MoU with Masdar, one of the world’s leading clean energy companies
AGR launches new software for well planning
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Global energy engineering consultancy and software provider, AGR, has launched new software that gives drilling professionals unrivalled understanding of time, cost and risk when planning wells
Aramco posts record profits of US$161.1bn
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Aramco has posted a record net income of US$161.1bn in its full year 2022 results, up 46.5% on the 2021 figure and representing the largest annual profit ever recorded by an oil and gas company
Middle East leads offshore growth
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The offshore oil and gas sector is set for the highest growth in a decade in the next two years, one of the main global drivers being the sizable expansion of offshore activities in the Middle East, according to Rystad Energy research
- TotalEnergies acquires CEPSA's upstream assets in the UAE
- ADNOC Drilling purchases hybrid power land drilling rigs
- Crescent Petroleum to develop three oil and gas fields in Iraq
- QatarEnergy acquires interest in two exploration blocks offshore Lebanon
- IMI Saudi Industry’s New Facility Secures First Framework Agreement
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