OptaSense, a QinetiQ company specialising in Distributed Acoustic Sensing (DAS), has entered an agency agreement with Abu Dhabi’s Gulf Automation Services and Oilfield Supplies (GASOS)
Exploration & Production
BP Egypt to acquire further interest in West Nile Delta project
BP Egypt has announced the completion of its ownership of 22.75 per cent in the North Alexandria Concession and 2.75 per cent in the West Mediterranean Deep Water Concession from DEA Deutsche Erdoel AG
OPEC to maintain current oil output despite price slump
OPEC has announced that it will maintain current oil output at a meeting last week, rather than cut production to lift sagging crude prices
SacOil begins drilling onshore Egyptian oilfield
SacOil, through its subsidiary Mena International Petroleum Company, has commenced the drilling of Lagia 11 well at its Lagia oilfield in Sinai onshore Egypt
UAE to increase production by 30 per cent in five years
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
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