Drilling contractor KCA Deutag (KCAD) has announced that its land drilling operation has won new contracts worth approximately US$460mn in the Middle East, Africa and Europe
Exploration & Production
‘Iran’s giant oil discovery brings little benefit under US sanctions’
Following the recent announcement of new giant oil discovery in Iran, with estimates of 53bn bbl in place, GlobalData analyst said the discovery will bring little benefits under the US sanctions
US oil production growth heading for major slowdown, says IHS Markit
The US shale production, the chief source of rapid growth that made the US the world’s largest oil producer, is slowing down fast, according to a new report by analytics firm IHS Markit
South Sudan and Egypt sign agreement at South Sudan Oil & Power 2019
South Sudan and Egypt have signed an MoU regarding cooperation in the field of downstream oil and gas, during the 2019 South Sudan Oil & Power Conference
Oil and gas discoveries Q3 2019: Egypt contains four, UAE holds three
Of the 38 global oil and gas discoveries made in Q3 2019, six were located in Norway followed by Colombia with five discoveries, Egypt and Trinidad with four each, and Guyana and the United Arab Emirates (UAE) with three each, according to GlobalData, a data and analytics company
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