UK-based consulting firm Westwood has stated that French major Total is the company to watch out for in 2019, which plans to drill the highest number of deepwater wells this year
Exploration & Production
US oil to surpass Russia and Saudi Arabia by 2025
The US is set to produce more oil and liquids than Russia and Saudi Arabia combined by 2025, according to a report by the independent research firm Rystad Energy
BP invests US$5mn in AI technology to boost upstream activities
British oil company BP Ventures said it has invested US$5mn in Artificial Intelligence (AI) and digital capabilities for its upstream business
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
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