Exploration & Production

Oil & gas exploration remained resilient in 2021: Westwood Energy

WestwoodHigh impact oil and gas exploration drilling in 2021 maintained its momentum in 2021, despite the challenges of Covid-19 and the accelerating energy transition, according to the latest analysis from Westwood Global Energy Group 

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ADNOC announces three new discoveries

Bu HasaAbu Dhabi National Oil Company (ADNOC) has announced three onshore oil discoveries totalling 650mn barrels of oil 

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MacDermid Offshore Solutions introduces new hydraulic fluid

Drilling rig AdobeStock 366812869MacDermid Offshore Solutions, the leading provider of high-performance and environmentally-friendly products for the offshore oil and gas industry, has released the Erifon THF 32 hydraulic fluid

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Eni CEO meets with President of Egypt

Egypt AdobeStock reduced 164825723Claudio Descalzi, CEO of Eni, has met with the President of the Arab Republic of Egypt, Abdel Fattah el-Sisi to discuss Eni’s activities in the country and the areas of common interest and collaboration

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Aramco ramps up capital expenditure to boost production

aramcoresultsAramco has announced that it is ramping up capital expenditure in 2022 to US$40-50bn, compared with US$31.9bn in 2021, to boost production in response to increased global demand

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