Exploration & Production

Aramco ramps up capital expenditure to boost production

Aramco has announced that it is ramping up capital expenditure in 2022 to US$40-50bn, compared with US$31.9bn in 2021, to boost production in response to increased global demand

Last Updated: Monday, 21 March 2022 16:44

ADNOC awards framework agreements worth US$658mn

Abu Dhabi National Oil Company (ADNOC) has announced the award of framework agreements valued at US$658mn (AED 2.4bn) for cementing services

Last Updated: Friday, 18 March 2022 17:28

Saudi plans to price oil sales with Chinese yuan over US dollars

Saudi and Chinese officials are in talks to price some of the Gulf nation's oil sales in yuan rather than dollars, according to reports

Last Updated: Thursday, 17 March 2022 07:23

Majors exit Russia investments

Shell has joined bp and Equinor in announcing its exit from its Russia joint ventures, with more companies expected to follow suit following Russia’s invasion of Ukraine

Last Updated: Tuesday, 01 March 2022 16:12

New collaboration for well planning and drilling service

GGA and Geologix have announced a collaborative offering, providing a simple, linked service for planning of wells, their drilling and monitoring and their subsequent archiving

Last Updated: Tuesday, 15 February 2022 13:07

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