Exploration & Production

Oil price drop did not impact UAE growth: Moody's

Dubai genericCredit rating agency Moody's said in a report that the drop in oil prices after 2014 did not change the direction of its medium-term real growth as the economy is supported by large surpluses

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Digital technologies to shave costs for energy companies

Oil TechConsulting firm McKinsey said that digital technologies are set to help energy companies cut costs

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KBR gets contract to develop Iraq oilfield

Iraq OilEnergy services company KBR Inc said it was awarded a contract by Basra Oil Company (BOC) to develop the Majnoon Oil Field in Basra

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Total and Sonatrach to launch engineering studies for a petrochemical project in Arzew

TOtal SonaAs part of the comprehensive partnership announced in 2017, Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, western Algeria

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TAQA reports 42 per cent jump in Q1 net income

Oil drillingAbu Dhabi National Energy Company PJSC (TAQA) reported a jump in net income for the first quarter on the back of climbing oil prices and cost cuts

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