Italian major Eni has announced the commissioning and start-up of production of the Baltim South West gas field offshore Egypt
Exploration & Production
Schlumberger starts wide-azimuth survey in Mexico
Schlumberger has started a 5,080-sq km wide-azimuth (WAZ) multiclient survey in the Salina del Istmo Basin in the Gulf of Mexico Bay of Campeche, providing the first 3D coverage over this shallow-water target area that includes the recent Zama-1 discovery
‘Saudi Aramco restores production capacity, expects stabilisation of global supply’
Saudi President and CEO Amin Nasser said that the company’s production capacity, which had been suspended earlier due to terrorist attacks on its Abqaiq and Khurais plants, would be fully restored by the end of September
Drone attacks on Saudi Aramco oil facilities cut oil production by 5.7 mmbbl per day
The recent drone attacks on two Saudi Aramco oil facilities have affected the production of 5.7 mmbbl of crude oil per day, Saudi Aramco said in a statement
ADNOC CEO says US$11 trillion investment needed to meet future demands
Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of Abu Dhabi National Oil Company (ADNOC), said that an investment of US$11 trillion in oil was needed to meet the projected demand