Simba Essel Energy Inc has advised that its partner Essel Group Middle East has signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba’s exploration block in Liberia
Exploration & Production
Mixed fortunes across the oilfield service and equipment sectors
In a recent forecast to the World Oilfield Equipment Market Forecast, Douglas Westwood has described that 2017 has seen a strengthening onshore rig count, led by US activity, but firms within the offshore sector have seen little abatement to the challenges presented in recent years
SATORP achieves ISO 14001:2015 certification from Intertek
Saudi Aramco Total Refining and Petrochemical Company (SATORP), an oil and petrochemical joint venture refinery between Saudi Aramco and TOTAL, has achieved ISO 14001:2015 Environmental Management Systems Certification for maintaining and improving environmental management systems
Vallourec signs OCTG supply contract with Shell JV in Egypt
Vallourec, the global provider of tubular solutions, has signed a contract with Badr El Din Petroleum Company (BAPETCO) for the supply of tubular solutions (OCTG) for 60 to 70 gas wells of an onshore project in the Western Desert of Egypt
Oil to average in the US$50s a barrel in 2018
The average price for Brent crude oil in 2018 will remain in the range of US$50s per barrel, according to Gulf Intelligence’s recent industry survey which was conducted across the Middle East and Asia