Energy services company EnerQuip said it expects a 50 per cent increase in turnover for 2018, boosted by sustained growth in activity in its Middle East markets
EnerQuip sees 50 per cent jump in FY turnover on Middle East drilling activity
Exploration & Production
Production starts up at Timimoun Gas Field in Algeria
Total has announced the start of production of first gas from the Timimoun field in southwestern Algeria
Schlumberger introduces Tempo instrumented docking perforating gun system
Oilfield services company Schlumberger said it has introduced the Tempo instrumented docking perforating gun system at the SPE/ICoTA Coiled Tubing and Well Intervention Conference and Exhibition
Enerquip celebrates 100 Middle East project wins since 2017
EnerQuip, the leading global supplier of torque machine solutions for the oil and gas industry, has reached a major growth milestone in the Middle East, winning more than 100 projects since the beginning of 2017
Shell sells stake in Iraq oilfield for US$406mn
Shell EP Middle East Holdings said it would sell its stake in Iraqs West Qurna 1 oilfield to a unit of Japans ITOCHU Corp for US$406mn, as part of its divestment program
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