Exploration & Production

Subsea 7 wins offshore contract in Egypt with Pharaonic Petroleum Company

Subsea7 fence 2 SuttonSubsea 7 has been awarded a substantial offshore Egypt contract by Pharaonic Petroleum Company, which will be executed at depths of more than 900 metres in the new Atoll field, off the coast of Damietta

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Libya's Waha oil field resumes production

The Waha Oil Company is resuming production off the coast of Libya. (image source: Waha Oil Company)Production has been resumed at Libya's Waha oil field, bringing overall production from the site to 580,000 barrels per day, according to a senior Libyan oil official

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Saudi Aramco signs deal with NPCC for offshore programme

Offshore oil rigSaudi Aramco has inked a long term agreement (LTA) with the Abu Dhabi’s National Petroleum Construction Company (NPCC) for its offshore development programme

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Energy demand to peak by 2030, says World Energy Council

CSIS ChinaThe World Energy Council (WEC) has predicted that the global demand for energy will peak before the year 2030, despite historic growth trends which have seen demand double since 1970

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ADNOC brings together its two biggest offshore units

offshore rig Oil review middle eastAbu Dhabi National Oil Company (ADNOC) is combining its two biggest offshore operations, as part of efforts to streamline management and operations and enforce an entrepreneurial culture in what is predicted to be a prolonged slump in oil prices

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