Exploration & Production

ADNOC, Korean firms celebrate first oil production from Haliba field

PR Al Dhafra 02072019 1Al Dhafra Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC), Korea National Oil Company (KNOC) and GS Energy, has announced that it has started producing crude oil from Abu Dhabi’s Haliba field

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OPEC+ will continue production restraint: Wood Mackenzie

pumping gas 1631634 640Wood Mackenzie expects that OPEC+ will continue production restraint through the second half of 2019, rolling over the current agreement

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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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