Exploration & Production

Schlumberger wins Aramco contracts for oil and gas well services

SA SCHSaudi Aramco has awarded two contracts to Schlumberger for drilling rigs and services for oil and gas wells in the Kingdom

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Five Middle East countries in top ten with largest oil reserves: GlobalData

GlobalData RaSaudi Arabia, Iraq, Kuwait, Iran and the UAE rank in the list of the ten countries with the largest remaining crude and condensate reserves, according to GlobalData

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World Bank to stop funding oil and gas projects from 2019

WB UPThe World Bank group has announced that it will cease to finance new upstream oil and gas exploration projects after 2019

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CB&I receives EPC award for SASREF’s refinery in Al-Jubail

SASREFSaudi Aramco Shell Refinery (SASREF) has awarded a contract worth US$95mn to CB&I to provide engineering, procurement and construction management for SASREF's existing refinery in Al-Jubail city in Saudi Arabia

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Oil prices rise nearly two per cent on China demand

oil pump jack oil review africa.jpgOil prices rose almost two per cent on Friday, as Chinese crude demand rises, according to a Reuters report 

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