British oil company BP Ventures said it has invested US$5mn in Artificial Intelligence (AI) and digital capabilities for its upstream business
Exploration & Production
Global gas supply achieves highest production growth in 2018
The oil and gas industry achieved a net production increase of 164 bcm, which represents the highest production growth since 2010, according to a research by Rystad Energy
BP and Eni pursue major new exploration opportunity in Oman
BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman
Eni signs MoU for conducting petroleum exploration in Bahrain
National Oil and Gas Authority of Bahrain (NOGA) and Eni have signed a MoU agreement, aiming to pursue petroleum exploration of Block 1, an offshore area of more than 2,800 sq km that is largely unexplored
Eni wins oil and gas exploration concession contract in Sharjah
Dr Sultan bin Mohamed Al Qasimi, supreme council member and ruler of Sharjah, has signed a long-term agreement awarding Eni three concessions to explore and develop onshore oil and gas fields in a 30-year partnership with Sharjah National Oil Corporation (SNOC)