While oil prices have dropped below US$50 per barrel, Saudi Arabia is ramping up the number of machines drilling for oil and gas in the country, say industry experts
Exploration & Production
‘Oil and gas exploration costs to fall 33 per cent by 2016’
Oil and gas drilling could return to 2014 levels by next year, according to energy research group Wood Mackenzie
Gazprom Neft to begin seismic survey onshore Kurdistan Region of Iraq
Russian oil producer Gazprom Neft will conduct a 2D seismic survey on the southeastern section of Halabja Block in Kurdistan Region of Iraq
Mubadala Petroleum to help find hydrocarbon offshore Morocco
UAE’s Mubadala Petroleum has signed an agreement with Morocco’s Office National des Hydrocarbures et des Mines (ONHYM) to carry out an evaluation of the hydrocarbon potential offshore Mediterranee Ouest in North Africa
KBR wins Saudi Aramco offshore project
Saudi Aramco have awarded KBR a contract to provide project management services for its offshore programme
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