Kuwait Energy announced a significant increase in production from the Shahd SE field in Egypt following the successful drilling of the appraisal well Shahd SE-5.
Exploration & Production
Petrofac wins Iraqi oil field contract
Iraq and an international consortium led by Russias Gazprom Neft have awarded Petrofac a US$329.7mn deal to develop the untapped Badra oil field, according to government spokesman Ali Al Dabbagh .
PDO production levels soared in 2011
PDOs 2011 production reached the second highest level in its history with production levels hitting 1,206,000 barrels oil equivalent per day (boe/d).
Eni’s production in Libya recovers
Italys Eni reported its 2011 net profit rose 9.1 per cent to US$9 billion thanks to higher oil prices and faster recovery of its Libyan output.
Total looking to accelerate production
Total posted a 7 per cent increase in profit on higher crude prices and announced that its net income for 2011 was US$15.9 billion, a 17 per cent increase over 2010.
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The oil and gas industry has been increasingly adopting AI technology in recent years, and this trend is expected to continue in the coming years. (Image source: Adobe Stock)
SmartMaster can be used with a range of ABB and third-party instruments. (Image source: ABB)
Comparison of conventional workflow with DUG MP-FWI imaging. (Image source: DUG)
The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)
Oman LNG signed various agreements with Shell Gas to secure its gas supply until 2034. (Image source: Adobe Stock)
ARO Drilling and IMI announce first Kingdom jack up rig (Image source: ARO)
GAC Saudi Arabia has extensive operations at major ports in Saudi Arabia. (Image source: GAC Saudi Arabia)
Michael Monica, director sales, marketing and customer care at GPT Industries signs the agreement with Mohamed Altaf, sale manager, Abdulla Fouad Energy Services. (Image source: Alain Charles Publishing)
Amin H. Nasser, CEO of Aramco. (Image source: Aramco)
The system can activate notification and hazard mitigation equipment to notify workers and safeguard facilities. (Image source: MSA Safety)
The new discoveries will bolster Aramco’s strategy to increase gas production by more than half over 2021 levels, through 2030. (Image source: Adobe Stock)
The use of blockchain in the oil and gas sector is set to increase substantially. (Image source: Adobe Stock)
The new technology is designed to address the challenging conditions in unconventional wells. (Image source: Adobe Stock)
Source: SafeStart
The Ampelmann A-type enabling safe offshore access in the Middle East. (Image source: Ampelmann)
Aramco has produced the first unconventional tight gas from its South Ghawar operational area ahead of schedule. (Image source: Adobe Stock)
Gaurav Khupsare, Director, MACS-G Solutions. (Image source: Alain Charles Publishing)
Tethys Oil is currently conducting final preparations ahead of the rig mobilisation for the drilling of the first exploration well on Block 58, Kunooz-1 in Fahd.
TotalEnergies and SONATRACH will develop gas resources in Algeria's north-east Timimoun region, (Image source: Adobe Stock).
By using analytics to augment and empower the workforce, pipeline operators can optimise operations and improve asset availability. (Image source: Adobe Stock)
The oil price is hovering around the US$90/bbl mark. (Image source: Adobe Stock)
The Craig International Qatar team. (Image source: Craig International)
The SuperFill II diverter reduces induced surge pressure. (Image source: Halliburton)
Among other services, KBR will offer proprietary equipment for NCIC's 1,200 metric tonnes per day ammonia plant. (Image source: Adobe Stock)
The expansion is expected to increase the plant’s processing capacity from 2.5 to up to 4 billion standard cubic feet per day (bscfd). (Image source: Aramco)
Comparison of conventional workflow with DUG MP-FWI imaging. (Image source: DUG)
ADNOC Gas recorded robust financial and operational results in 2023. (Image source: Adobe Stock)
Over 4,000 km of SoluForce pipe has been installed around the world. (Image source: SoluForce)
Block 56 is targeted for commercialisation in 2024. (Image source: Canva)
The programme will optimise asset lifecycle, enhance machinery performance and improve overall reliability. (Image source: Adobe Stock)
The use of blockchain in the oil and gas sector is set to increase substantially. (Image source: Adobe Stock)
Source: SafeStart
GAC Saudi Arabia has extensive operations at major ports in Saudi Arabia. (Image source: GAC Saudi Arabia)
The company is well positioned in 2024, with a reshaped and resilient business and a strong balance sheet. (Image source: Adobe Stock)
The vessel addresses the growing demand for accurate hydrographic data. (Image source: Fugro)
The virtual inhouse seismic processing centre will allow each of the decentralised business units of Wintershall Dea globally to collaborate efficiently and directly with DUG. (Image source: Adobe Stock)
