The Abu Dhabi National Oil Company (ADNOC) has announced an investment of up to US$318mn to connect newly drilled smart wells to the main production facilities at Bu Hasa, which will sustain production capacity of 650,000 bpd at ADNOC’s largest onshore asset, located 200km south of Abu Dhabi city
Exploration & Production
PDO appoints new managing director
Petroleum Development Oman (PDO) has announced the appointment of Steve Phimister, currently Shell’s vice president of Upstream in the UK, as PDO managing director to succeed Raoul Restucci in July 2021
Aquaterra Energy lands riser analysis contract in Middle East
Aquaterra Energy, a leader in global offshore engineering solutions, has secured a five-year deal with a major Middle Eastern operator to provide green and brownfield riser analysis in the region
Zenith Energy extends SPA for acquisition of SLK in Tunisia
Zenith Energy Ltd’s wholly-owned subsidiary Zenith Energy Netherlands BV has signed an extension agreement in respect of the conditional sale and purchase agreement (SPA) it signed with KUFPEC (Tunisia) Limited for a participation in the North Kairouan permit and the Sidi El Kilani Concession
Qatar Petroleum partners with Shell offshore Namibia
Qatar Petroleum has entered into an agreement with Shell to become a partner in two exploration blocks offshore Namibia