Industry

Saudi Aramco achieves a net income of US$49bn in 2020

Aramco resultThe Saudi Arabian Oil Company has announced its full-year 2020 results, demonstrating exceptional resilience despite the macroeconomic impact of COVID-19 and delivering on its intended dividend payments to shareholders

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Gulf Keystone Petroleum accelerates investment programme

Gulf Keystone PetroleumGulf Keystone, one of the leading independent operators and producers in the Kurdistan Region of Iraq, has announced the resumption of the company's growth plans to ramp-up gross production towards 55,000 bopd 

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Oil markets face uncertain future after pandemic shock: IEA

IEA March 21World oil markets have rebounded from the massive demand shock triggered by COVID-19 but still face a high degree of uncertainty that is testing the industry as never before, according to a a report by International Energy Agency (IEA) 

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Expro partners with FTAI Ocean LLC

IEA March 21International oilfield service company Expro Group has formed an alliance with global vessel provider FTAI Ocean LLC (FTAI Ocean), a subsidiary of Fortress Transportation and Infrastructure Investors LLC to supply the DP3 M/V Pride well intervention vessel

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Oman Oil Marketing Company helps SMEs to grow businesses

Oman oil marketing companyOman Oil Marketing Company (OOMCO) has announced that it is providing local start-ups with the chance to sell their products at its fuel stations

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