Iran is expected to spend about US$21bn in capital expenditure (capex) on oil projects between 2018 and 2021, a move that aims to increase production to about 4.9 mmbbl per day in 2021, according to GlobalData, a leading data and analytics company
State-owned Sharjah National Oil Corporation (SNOC) has signed a Memorandum of Understanding (MOU) with the Heriot-Watt University Dubai to collaborate on oil & gas research
The dished heads production lines from Faccin, one of the largest production companies in the world for bending systems and rolling machines, include technologically advanced presses, flanging machines and manipulators, providing maximum reliability and achieving tolerances and lamination reduction
Archer, a global oil services company and well integrity specialist, has launched the VIVIDTM acoustic listening platform to detect, investigate and locate leaks in real-time, verify cement barrier seals and characterise downhole events with precision
Saudi Crown Prince Mohammed bin Salman said that OPEC is seeking a long-term deal with Russia and other non-OPEC countries to cooperate on oil output controls, according to a report by Reuters
