Wood Mackenzie said its eleventh annual exploration survey – in which 258 senior energy leaders participated – reveals that the oil and gas industry is optimistic in 2019, profits have returned and prospects look good
Exploration & Production
Mazarine Energy and ETAP discover oil in SMG-1 in North Africa
Mazarine Energy Tunisia BV and partner Entreprise Tunisienne d’Activités Pétrolières (ETAP) have discovered oil-bearing reservoir in exploration well Sidi Marzoug-1 (SMG-1) in the 4012 sq km Zaafrane permit in Central Tunisia
Tatweer, Total sign MoU for E&P and LNG cooperation
Total E&P Activités Pétrolières and Tatweer Petroleum – Bahrain Field Development Company have signed a Memorandum of Understanding (MoU) for cooperation in oil and gas exploration, knowledge sharing and supply of LNG to Bahrain
New study reviews well intervention market
The global market of well intervention reached an estimated value of nearly US$6bn in 2017 and is likely to expand at an impressive six per cent CAGR value over the 2018-2026 period, according to a Fact.MR report
ADNOC launches second bid round for five major exploration blocks
The Abu Dhabi National Oil Company (ADNOC) announced the details of the second round of five new geographical oil and gas blocks open for bidding to both conventional and unconventional resources