News
July 05, 2023
The UAE is “doing enough” to contribute to the OPEC+ supply curbs, Energy Minister Suhail Al Mazrouei told reporters in Vienna. He noted the large difference between the nation’s current output — seen at 3.07 MMbpd last month, according to a Bloomberg survey — and its full capacity of 4 MMbpd.
News
July 03, 2023
CGG announced that Sercel has been awarded multiple major equipment contracts by BGP Inc., a global geophysical services provider. The contracts include the delivery of 54 Nomad 65 Neo vibrator trucks and 29,000 GPR300 seabed nodes.
News
June 21, 2023
The strategic alliance and rig acquisition will support DHS Ventures & Holdings target of reaching 75 MMbpd production capacity and gas self-sufficiency for the UAE by 2030, along with plans to unlock its unconventional oil and gas resources.
News
June 19, 2023
The performance of the BED 1-7 vertical well test has achieved the company's objectives for the well, including the Diagnostic Fracture Injection Test (DFIT) pressure leak-off for indications of reservoir parameters, fluid samples from the ARF, successful completion of a large single-stage fracture treatment on the ARF, and inflow performance testing of the stimulated well.
News
June 15, 2023
Driven by increasing demand for workforce development to meet the needs of the booming drilling market, ADS will now offer a broader portfolio of products and services including new hire assessments, role-specific progression programs, and rig reactivation support.
News
June 14, 2023
Sarens/ANPC was responsible for transporting heavy equipment from the supplier's facility in Rabiq (western Saudi Arabia) to Marjan's facility near Safanya (northeastern Saudi Arabia) via several multi-axle vehicles.
News
June 13, 2023
Even before the kingdom announced its surprise new measures just over a week ago, the Organization of Petroleum Exporting Countries expected that world inventories would deplete rapidly in the second half amid a post-pandemic recovery in fuel demand.
News
June 08, 2023
Under the terms of the memorandum, Eni will work on reducing CO2 emissions through the reduction of routine gas flaring, fugitive emissions and venting, as well as possible projects for the reduction of hard-to-abate sector emissions.
News
June 06, 2023
OSSO, the specialist fluid temperature control and separation solutions provider, has made a significant investment into its Middle Eastern mud cooling offering, expanding its fleet size by 150% and adding a full turnkey service offering.
News
June 05, 2023
Global oil demand is forecast to hit a record high this year, but the additional cuts announced on Sunday will bring Saudi production to about 9 MMbpd in July, the lowest since June 2021 when output was still recovering from the depths of the Covid-19 pandemic. 
News
May 31, 2023
The agreements have enabled $774 million to flow back into the UAE economy through industrial investments by suppliers in expanding or establishing new facilities.
News
May 22, 2023
The oil produced during the testing phase is heavy oil of 11-13 degrees API, with viscosity higher than pre-testing estimates.
News
May 18, 2023
With the aim of being fully functional by year end, the new technology hub will be home to TGT’s scientific and engineering resources, research and development, information technology, software and AI development, manufacturing, maintenance, quality assurance, and headquarter functions.
News
May 16, 2023
Order books for the IPO, which could raise as much as $607 million at the top end, were covered throughout the range and indicated demand exceeded deal size, according to a message to investors seen by Bloomberg News.
News
May 09, 2023
Data collected from the well along with geomechanical and 3D seismic review has enhanced TAG’s horizontal well design. Plans are underway to secure a drilling rig to drill the first horizontal well designed with a multi-stage fracture stimulation.
News
May 03, 2023
The contract scope is for a two-well tie-back in the West Nile Delta block and includes the engineering, procurement, transport and installation of approximately six kilometers of flexible pipes, umbilical, and associated subsea structures in water depths of around 800 meters.
News
May 02, 2023
The Offshore Technology Conference, taking place in Houston, Texas, sees oil and gas companies answering one very important question: what are they doing to advance the global energy transition? In a session titled “Accelerating the energy transition in Saudi Arabia: Oil and gas sector decarbonization and the path to hydrogen,” industry leaders gathered to discuss emerging technologies and exciting opportunities that will help Saudi Arabia and other countries meet net-zero by 2050.
News
May 02, 2023
The Chinese and French energy giants are in separate discussions with Saudi Aramco about the plans that may include the construction of facilities to export the fuel as liquefied natural gas (LNG), some of the people said, asking not to be identified because the matter is private.
News
April 17, 2023
Sparrows will be responsible for servicing a range of critical drilling equipment, including mud pumps, iron roughnecks, catwalks and top drives, to ensure the rigs are safe to return to the field.
News
April 13, 2023
ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore portfolio.
News
April 07, 2023
The purpose of this agreement is to provide technical advisory support to establish EGPC’s strategy and execute its plan to align with Egypt Vision 2030, covering all dimensions of the country’s SDGs.
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