Tuesday 30 August 2016
 
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oilfield

Iraq expects to double Halfaya oilfield output

Iraq expects to double output at the southern Halfaya oilfield, to reach its planned maximum of 400,000 barrels per day (bpd), in 2018, the oil ministry said in a statement on Tuesday. The government has approved PetroChina's

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Total to invest $2bn in Qatar oilfield development

Total plans to invest more than $2 billion in developing the Al-Shaheen oilfield over five years, the company's chief executive said on Monday, after the French major won a 30 percent stake to operate Qatar's largest offshore oilfield.

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Rubicon Oilfield acquires Tercel Oilfield Products

Rubicon Oilfield International, an oilfield products and services company with operational headquarters in Texas, USA, has acquired Tercel Oilfield Products, known for delivering valuable drilling and completion technologies. This trans

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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Moody's warns of oilfield, drilling sector slump

The global oilfield services and drilling industry continues to endure a severe downturn as depressed energy prices prolong reduced spending by exploration and production (E&P) companies, said a leading rating agency. As credi

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Iraq's southern oil exports rise to 3.36mbpd

Iraq exported oil from southern fields at an average rate of 3.364 million barrels per day in April, higher than the March average of 3.286 million, Oil Ministry spokesman Asim Jihad said. That is close to the record of 3.37 milli

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Oman oilfield ICV spend targeted at $3.5bn

Oman’s oilfield in-country value (ICV) generation has been targeted at about 32 per cent of the sector's total oil and gas expenditure in the year 2020, which roughly equates to $3.5 billion, according to a report.  

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Sasol showcases enhanced oil recovery oilfield chemicals

Sasol, an integrated chemicals and energy company, showcased its range of surfactants and specialty products at the recent Oil and Gas West Asia Exhibition - OGWA 2016 in Oman.   The firm's stand

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Saudi Aramco oilfield expansion nearing completion

The expansion of Saudi Arabia's Shaybah oilfield, which will boost production capacity from the southeastern field by 250,000 barrels per day (bpd), will be completed in few months, industry sources familiar with the matter said.

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Adnoc to finish maintenance at Murban oilfield in April

The Abu Dhabi National Oil Company (Adnoc) plans to complete in April partial maintenance at the oilfields that produce its flagship Murban crude, two sources familiar with the matter said.   The main

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