Spending on conventional oil and gas exploration is rebounding and expected to exceed US$50bn this year, the highest since 2019, according to new research from Rystad Energy
Exploration spending on the up but discoveries disappointing: Rystad Energy
Exploration & Production
Saudi Arabia top onshore market globally for well intervention: Rystad Energy
Spending on well interventions is projected to jump by almost 20% this year to US$58bn according to research from Rystad Energy, with Saudi Arabia being the top onshore market from 2023-2028
OPEC oil output sees small dip ahead of Saudi cut
According to a recent survey by Reuters, OPECs oil output experienced a modest decline in June, with Iraq and Nigeria raising their production levels, offsetting the cutbacks made by other member countries
Petrofac awarded major EPC contract by ADNOC for new compressor plant
Petrofac, a leading international service provider to the energy industry, has been selected by ADNOC Gas Processing, the ADNOC subsidiary, to undertake a significant new engineering, procurement and construction (EPC) project at its Habshan Complex
PTT Exploration and Production expands to Oman to advance green hydrogen project
PTT Exploration and Production (PTTEP), Thailand’s national energy company, is gearing towards the development of future energy together with five world-renowned companies in a large-scale green hydrogen project in the Sultanate of Oman
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