The Abu Dhabi National Oil Company (ADNOC) and IBM have successfully piloted a blockchain-based automated system to integrate oil and gas production across the full value chain
Industry
Iraq’s policies to support oil and gas development appear stalled, says GlobalData
Iraq’s crude-oil production is gradually increasing due to expansion at previously delayed oil projects, although the existing contracts are still not able to reach their full potential, according to GlobalData, a leading data and analytics company
Deep Casing Tools expands Middle East business
International casing and completion technology business Deep Casing Tools has announced two new appointments and receipt of an order worth US$1.5million by a large Middle East national operator for 21 motorised reaming tools
NESR announces multi-year contract awards in North Africa and Gulf regions
National Energy Services Reunited Corp (NESR), a national, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced multi-year contract awards in North Africa and Gulf regions for its drilling and evaluation product line
The EIU launches a high-frequency measure of oil market tightness
The global oil market tightened slightly in the week ending 23 November 2018, according to a new measure of oil-market supply created by The Economist Intelligence Unit and CargoMetrics, the oil adequacy index
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