As much as 141bn barrels of incremental hydrocarbon resources could be unlocked if drilling and completion techniques refined in USA shale plays are applied to conventional, low-productivity oil plays to other countries, according to new analysis
Exploration & Production
South Korean energy company gets stake in ADNOC concession
UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a 40-year deal with South Korea’s GS Energy for selling a three per cent stake in an onshore oil concession to develop its biggest oilfields
Eight new oil and gas fields discovered in Saudi Arabia last year
In 2014, Saudi Arabia discovered eight new oil and gas fields in the east of the country, state-owned company Saudi Aramco has announced
Qatar Petroleum invites bid for its biggest oil and gas field
Qatar Petroleum (QP) has invited international oil companies to compete for operating and developing Al-Shaheen oilfield from mid-2017, in a blow to the current operator of more than two decades Maersk Oil
Mazarine Energy hits oil onshore Tunisia
Mazarine Energy has announced the discovery of net oil-bearing reservoir onshore Zaafrane Permit in central Tunisia
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