Exploration & Production

Saipem wins offshore drilling contracts in Romania and Abu Dhabi

saipem offSaipem has been awarded new contracts in offshore drilling in Romania and Abu Dhabi worth more than US$160mn

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Offshore project sanctions in 2019 to surpass 2014 numbers: Rystad

14390954564 8330e482eb zThe offshore industry has turned a corner and can reach a potential project commitment total of US$123bn in 2019, surpassing commitments in 2014 of US$78bn

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UAE’s Mubadala farms out Indonesian gas blocks to Premier Oil

MubadalaMubadala Petroleum has announced that it has signed an agreement with UK oil company Premier Oil to farmout a 20 per cent stake in two Indonesian gas blocks

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Deepwater leads the way in oil, gas discoveries in 2019: Rystad

16987420315 486b886ffb zGlobal discoveries of conventional oil and gas totalled 6.7bn boe in the first half of 2019, according to Norwegian energy research and consultancy Rystad Energy

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NESR announces multiple contract awards in Bahrain

46292983065 0f10dcb5c7 zNational Energy Services Reunited Corp (NESR) has received multiple awards of contracts for well intervention services from Tatweer Petroleum — Bahrain Field Development Company W.L.L

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