Weatherford International has launched ISO extreme retrievable well barrier, which is qualified to ISO 14310 V0 standards for gas-tight isolation and set on electric line, slickline, tubing or coiled tubing (CT) to temporarily isolate the well
Gas
SABIC inaugurates PP pilot plant in the Netherlands
SABIC, Saudi Arabia’s diversified manufacturing company, has inaugurated a new polypropylene (PP) pilot plant in Geleen, the Netherlands, and announced that it will further invest in building a state-of-the-art PP extrusion facility at the same location
Baker Hughes receives deal for Egypt's Zohr gas field
Baker Hughes (BHGE), a GE company, has received a subsea contract from Petrobel for phase two development of the Zohr Gas Field which is located in the Mediterranean Sea offshore Egypt
Iraq's Kurdistan resolves differences with Pearl consortium
The Kurdistan Regional Government (KRG) and Pearl Consortium have signed an deal to put an end to all their disputes by terminating the arbitration and related court proceedings over the Heads of Agreement (HoA) on Khor Mor and Chemchemal gas fields, according to a joint statement
Middle East LNG imports remains strong despite untapped reserves
The Middle East (including Algeria, Egypt and Libya) holds almost half of global gas reserves, mostly untapped, yet the volume of LNG imports into the region is rapidly rising as domestic demand exceeds piped gas supply, says economist Moin Siddiqi