Wood Mackenzie expects that OPEC+ will continue production restraint through the second half of 2019, rolling over the current agreement
Exploration & Production
KOC awards Halliburton integrated offshore services contract
Kuwait Oil Company (KOC) and Halliburton have signed an integrated offshore drilling services contract for six high-pressure high-temperature (HPHT) exploration wells on two jack-up rigs in the Arabian Gulf
OPEC+ will not be able to increase output for the rest of 2019: Rystad
The OPEC+ countries will not be able to increase their collective oil production levels in the second half of 2019 without having a detrimental effect on oil prices, according to oil and gas intelligence firm Rystad Energy
Dana Gas commences drilling operations at Egypt concession area
Dana Gas PJSC, a Sharjah-based natural gas company, has announced it has commenced drilling operations on 20 May at its Merak-1 well, offshore Egypt
No oil in Kekra-1 prospect
Italian major Eni, as operator, together with the USA supermajor ExxonMobil and local players PPL and OGDCL as partners, drilled the Kekra-1 prospect