Spending on exploration (excluding appraisal) will recover from historic lows to average US$22bn per annum in real terms over the next five years, according to a new report from Wood Mackenzie, although it is unlikely to reach past highs
Moin Siddiqi, economist, examines whether Libya can regain its status as a prominent oil producer and exporter
Arabian Drilling Company, a major national onshore and offshore drilling contractor in Saudi Arabia, has announced that Aramco has extended several onshore contracts and one offshore rig contract, due to expire in 2023, for periods ranging from three to 10 years
Geo-data specialist Fugro has completed the Middle East’s first remotely operated subsea inspection using a low-carbon emission uncrewed surface vessel (USV)
TWMA has been awarded a contract worth up to US$15mn to support a large-scale oil and gas project for bp in Egypt
