High 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
Exploration & Production
ADNOC announces three new discoveries
Abu Dhabi National Oil Company (ADNOC) has announced three onshore oil discoveries totalling 650mn barrels of oil
MacDermid Offshore Solutions introduces new hydraulic fluid
MacDermid 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
Eni CEO meets with President of Egypt
Claudio 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
Aramco ramps up capital expenditure to boost production
Aramco 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