Al Dhafra Petroleum, a joint venture between Abu Dhabi National Oil Company (ADNOC), Korea National Oil Company (KNOC) and GS Energy, has announced that it has started producing crude oil from Abu Dhabi’s Haliba field
Exploration & Production
OPEC+ will continue production restraint: Wood Mackenzie
Wood Mackenzie expects that OPEC+ will continue production restraint through the second half of 2019, rolling over the current agreement
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