Exploration & Production

Eni signs MoU for conducting petroleum exploration in Bahrain

Bahrain oil rig 14National Oil and Gas Authority of Bahrain (NOGA) and Eni have signed a MoU agreement, aiming to pursue petroleum exploration of Block 1, an offshore area of more than 2,800 sq km that is largely unexplored

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Eni wins oil and gas exploration concession contract in Sharjah

Eni 14jDr Sultan bin Mohamed Al Qasimi, supreme council member and ruler of Sharjah, has signed a long-term agreement awarding Eni three concessions to explore and develop onshore oil and gas fields in a 30-year partnership with Sharjah National Oil Corporation (SNOC)

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Brent crude oil prices to recover in 2019 and average at US$60+ a barrel: GI survey

Brent Crude oil, which collapsed 40 per cent in Q4 2018 to almost hit a floor of US$50 a barrel, will recover this year and average above US$60 a barrel1412969896 39c9ab1fe3 z

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Transglobe sees production increase in Egypt

transglobe 17Transglobe Energy Corporation has submitted the declaration of commercial oil well discovery for SGZ – 6X discovery, to begin development discussions with the Egyptian General Petroleum Company (EGPC), the company said in Q4 2018 update

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Promoting local capabilities in oilfield services

Sherif FodaSherif Foda, Chairman and CEO of National Energy Services United Corp. (NESR) discusses the company’s expansion plans and its focus on promoting local capabilities in an exclusive interview with Oil Review Middle East

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