Industry

54,000 wells to be drilled worldwide in 2021: Rystad Energy

drilling activityAround 54,000 wells to be drilled worldwide in 2021, a 12% increase from 2020 levels, and in 2022, drilling is set to increase even more, by another 19% year-on-year to about 64,500 wells, according to Rystad Energy

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Webinar: Is flange corrosion an 'isolated' issue?

GPTLo resOil Review Middle East is hosting a free webinar on flange corrosion on Tuesday 30 March at 2pm (UAE)

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Mubadala signs MoU with Snam

Mubadala SnamMubadala Investment Company (Mubadala) and Snam, one of the world’s leading energy infrastructure operators, have signed MoU to collaborate on joint investment and development initiatives on hydrogen

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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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