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Adnoc awards Tecnicas Reunidas key oilfield EPC dealThe Abu Dhabi National Oil Company (Adnoc) announced today a Dh5.1 billion ($1.4 billion) investment to upgrade and expand its Bu Hasa field, which will increase crude oil production capacity to 650,000 barrels per day (bpd). More… |
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Adnoc to invest $1.4bn in oil field upgradeThe Abu Dhabi National Oil Company (Adnoc) announced today a Dh5.1 billion ($1.4 billion) investment to upgrade and expand its Bu Hasa field, which will increase crude oil production capacity to 650,000 barrels per day (bpd). More… |
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Baker Hughes to set up big oilfield equipment unit in AlgeriaAlgeria's state energy producer Sonatrach has announced plans to set up a 2,000-sq-m oilfield equipment manufacturing facility in the country's Arzew Industrial Zone in partnership with Baker Hughes, a GE company (BHGE). & More… |
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Iraq calls proposals to develop small oil fieldsIraq has requested proposals from international oil companies interested in developing a number of small- and medium-sized oil fields, Iraq Business News reported. The fields include Sindebad, Umm Qasr, Rachi, Abu Khema&n More… |
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Gazprom in talks to develop Iran gas fieldRussia’s Gazprom, a leader in the energy sector, is in talks with the National Iranian Gas Company (NIGC) to develop a gas field in Iran, a report said. Talks are currently focused on the text of the agreement; Russia's More… |
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Non-Opec oil output decline rates speed upNon-Opec oil field decline rates have accelerated to 5 per cent as a result of the impact on output from a 41 per cent or $285 billion reduction in global oil & gas capex from the 2014 peak, a Bank of America Merrill Lynch (BofAML) report sa More… |
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Non-Opec oil output decline rates speed upNon-Opec oil field decline rates have accelerated to 5 per cent as a result of the impact on output from a 41 per cent or $285 billion reduction in global oil & gas capex from the 2014 peak, a Bank of America Merrill Lynch (BofAML) report sa More… |
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Drake & Scull inks Eni Iraq project contractDrake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro More… |
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Drake & Scull inks Eni Iraq project contractDrake & Scull International, a regional market leader in the general contracting and mechanical, electrical and plumbing (MEP) sector, said it has won a Dh226 million ($62 million) engineering, procurement and construction (EPC) contract fro More… |
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Saudi Aramco to boost Shaybah field outputSaudi Aramco plans to increase oil output from its Shaybah field over the next two weeks to one million barrels per day, Saudi media reported on Thursday, quoting the company CEO. Amin Nasser also told Saudi journalists that he ex More… |
