Saudi and Chinese officials are in talks to price some of the Gulf nations oil sales in yuan rather than dollars, according to reports
Exploration & Production
Majors exit Russia investments
Shell has joined bp and Equinor in announcing its exit from its Russia joint ventures, with more companies expected to follow suit following Russia’s invasion of Ukraine
New collaboration for well planning and drilling service
GGA and Geologix have announced a collaborative offering, providing a simple, linked service for planning of wells, their drilling and monitoring and their subsequent archiving
ADNOC announces new gas discovery
The Abu Dhabi National Oil Company (ADNOC) has announced the discovery of natural gas resources offshore Abu Dhabi
United Oil and Gas announces Al Jahraa-13 well test results
United Oil & Gas has announced successful test results and commencement of production from the Al Jahraa-13 development well (AJ-13), in the Abu Sennan licence, onshore Egypt, which is operated by Kuwait Energy Egypt