Exploration & Production

Survey reveals US$70 per bbl oil price in sight after OPEC deal

45165978431 1b313d4463 zThe extension to March 2020 of an oil production cut deal by OPEC to remove of 1.2 mmbbl per day from the market will push Brent crude prices to US$70 per bbl, according to 66 per cent of those polled in GIQ’s monthly Energy Market Survey in July

Hits: 1544

Read more ...

‘Offshore project sanctioning in 2019 stands at US$56bn’

48071081066 c04aa2c65a zDriven by Saudi Aramco’s announced US$18bn worth of project commitments associated with the Marjan and Berri expansion projects, the overall offshore project sanctioning in 2019 stands at US$56bn and counting, according to energy research and business intelligence company Rystad Energy

Hits: 1414

Read more ...

World oil reserves rose 0.4 per cent in 2018: Eni

48385558211 1c75a120ee zIn 2018, oil reserves increased slightly (+ 0.4 per cent), mainly due to growth in the US, according to Eni’s 18th edition of the World Oil, Gas and Renewables Review, the annual statistics report on oil, natural gas and renewable sources

Hits: 1357

Read more ...

Dana Gas announces new oil discovery in Kurdistan, Iraq

34634816682 393ae4459b zDana Gas, a natural gas company in the Middle East, has announced that its share of hydrocarbon reserves at Pearl Petroleum Company’s Khor Mor and Chemchemal Fields in the Kurdistan Region of Iraq (KRI) have increased by 10 per cent following the recent certification of reserves by Gaffney Cline Associates (GCA)

Hits: 1628

Read more ...

Eni announces new production from the Western Desert, field discoveries onshore Egypt

oil pump jack 1407715 640Eni announces that production has started from South West Meleiha Development Lease, located in the Egyptian Western Desert, some 130km North of the oasis of Siwa

Hits: 1546

Read more ...

Alain Charles Publishing, University House, 11-13 Lower Grosvenor Place, London, SW1W 0EX, UK
T: +44 20 7834 7676, F: +44 20 7973 0076, W: www.alaincharles.com

twn Are you sure that you want to switch to desktop version?