ADNOC Drilling has signed an agreement to purchase 10 newbuild hybrid power land drilling rigs for a total of US$252mn
ADNOC Drilling purchases hybrid power land drilling rigs
Exploration & Production
Crescent Petroleum to develop three oil and gas fields in Iraq
Sharjah-based Crescent Petroleum has signed three 20-year agreements with Iraq’s Ministry of Oil to develop three oil and gas fields in Iraq
QatarEnergy acquires interest in two exploration blocks offshore Lebanon
QatarEnergy has entered into agreements with the Government of Lebanon, TotalEnergies and Eni to become a partner in two exploration blocks offshore the Republic of Lebanon, marking its first exploration venture in Lebanon
IMI Saudi Industry’s New Facility Secures First Framework Agreement
IMI Saudi Industry LLC’s (IMI Saudi Industry) Damman facility has signed its first Corporate Procurement Agreement (CPA), with Saudi Aramco
Geoteric launches new AI seismic interpretation software
Global artificial intelligence (AI) seismic interpretation experts Geoteric have launched Geoteric 2023.1, which will enable operators to de-risk well placement, reduce their environmental impact and increase profitability by better predicting future production
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System built on industry-proven technology to provide operators with robust, reliable multilateral solutions. (Image source: Halliburton)
(L-R): MYCRANE's Piet Kraaijeveld, Andrei Geikalo, Aleksandr Geikalo. (Image source: ADIPEC)
the infrastructure of the treatment plant will cover an area equivalent to two football fields.(Image source: Cannon Artes)
Petrofac has been deploying its expertise in gas processing, transport, and storage, to support the early development and definition of large-scale CCUS projects since 2015. (Image source: Petrofac)
A benchmark comparison, pulling from successful storage projects globally, is created to provide a relative basis for ranking each site. (Image source: SLB)
