Exploration & Production

KOC awards Halliburton integrated offshore services contract

KOC Signing 2Kuwait Oil Company (KOC) and Halliburton have signed an integrated offshore drilling services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf

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OPEC+ will not be able to increase output for the rest of 2019: Rystad

45776980685 224c7ebecf zThe OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy

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Dana Gas commences drilling operations at Egypt concession area

7423982576 3ce7ca1197 zDana Gas PJSC, a Sharjah-based natural gas company, has announced it has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt

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No oil in Kekra-1 prospect

oil rig 2191711 640Italian major Eni, as operator, together with the USA supermajor ExxonMobil and local players PPL and OGDCL as partners, drilled the Kekra-1 prospect

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Oil and gas exploration sector regains its mojo

47213115362 dfe1a29133 zWood Mackenzie said its eleventh annual exploration survey – in which 258 senior energy leaders participated – reveals that the oil and gas industry is optimistic in 2019, profits have returned and prospects look good

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