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
Exploration & Production
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
OPEC needs deeper output cuts to hold brent above US$60 per bbl, says GIQ Survey
OPEC will need to make deeper supply cuts to keep oil prices above US$60 per bbl, according to 69 per cent of those surveyed in the Gulf Intelligence (GIQ) monthly Energy Market Survey in August
Eni’s zohr gas production reaches 2.7 bcfd
The production from Zohr field has reached more than 2.7 bcfd, about five months ahead of the plan of development (PoD), oil and gas company Eni said
Abu Dhabi’s TAQA exceeds one mmbbl of oil per month in Iraq oil field
Abu Dhabi National Energy Company (TAQA) stated that its subsidiary TAQA Atrush B.V. has set a new production record from the Atrush oil field in the Kurdistan Region of Iraq
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