Operational production costs in the oil and gas industry have fallen across the globe, with the UK emerging as a cost-cutting powerhouse among global offshore regions, according to an analysis by Rystad Energy
Industry
AIS Training and Survivex sign new training management contract
The UK’s energy sector training providers, AIS Training and Survivex, part of the 3T Energy Group, have signed a contract with Well-Safe Solutions, to manage and deliver all of its training requirements and provide an IT platform to support its competence management system
Oil price surges on Soleimani assassination
The assassination of top Iranian military commander Qassem Soleimani by a pre-dawn American air raid near Baghdad airport on Friday has caused a remarkable spike in Brent crude prices, taking it to over US$70 on Monday 6 January, according to a report by CITYA.M., the first time Brent crude has exceeded the US$70 threshold since September
ENOC opens two new solar-powered service stations in Dubai
Emirates National Oil Company (ENOC) Group has announced that two service stations have opened at Dubai Hills and Lehbab First, expanding ENOC’s network to 135 stations across the UAE
NBK discusses means to boost strategic partnership with Kuwait Oil
A staff mission from the Group Human Resources at the National Bank of Kuwait (NBK) has made a visit to the Kuwait Oil Company (KOC) to discuss means to boost strategic partnership between both parties especially in the field of development