Using enhanced oil recovery (EOR) techniques, the UAE plans to expand its production 30 per cent by 2020, according to latest Energy Information Administration (EIA) report
UAE to increase production by 30 per cent in five years
Exploration & Production
Fluor to provide EPC packages for Al-Zour refinery
Fluor Corporation’s joint venture team has been chosen by Kuwait National Petroleum Company (KNPC) as the preferred bidder for two engineering, procurement and construction (EPC) packages for the Al-Zour refinery
OPEC oil demand to rise higher than expected in 2016
OPEC’s monthly report has stated that likely demand for its oil next year would be much higher than expected
Egypt awards four offshore exploration licences
Egypt has awarded four new offshore oil and gas exploration licences off the Mediterranean coast, said the country’s EGAS
Shaikan oilfield’s proven and probable reserves have increased
Proved and probable oil reserves at Gulf Keystone Petroleum’s Shaikan oilfield have increased from 299mn gross barrels to 639mn gross barrels, based on an updated Competent Person’s Report
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