ADNOC announces blockchain application for oil and gas operations

11131551896 f6afd0eb5d zThe Abu Dhabi National Oil Company (ADNOC) and IBM have successfully piloted a blockchain-based automated system to integrate oil and gas production across the full value chain

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Iraq’s policies to support oil and gas development appear stalled, says GlobalData

Iraq global 201 1Iraq’s crude-oil production is gradually increasing due to expansion at previously delayed oil projects, although the existing contracts are still not able to reach their full potential, according to GlobalData, a leading data and analytics company

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Deep Casing Tools expands Middle East business

Middle East appointments Dec 2018International casing and completion technology business Deep Casing Tools has announced two new appointments and receipt of an order worth US$1.5million by a large Middle East national operator for 21 motorised reaming tools

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NESR announces multi-year contract awards in North Africa and Gulf regions

nesr 18National Energy Services Reunited Corp (NESR), a national, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced multi-year contract awards in North Africa and Gulf regions for its drilling and evaluation product line

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The EIU launches a high-frequency measure of oil market tightness

pump jack 848300 640The global oil market tightened slightly in the week ending 23 November 2018, according to a new measure of oil-market supply created by The Economist Intelligence Unit and CargoMetrics, the oil adequacy index

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