The 31 member countries of the governing board of the International Energy Agency (IEA) have agreed to release 60 mmbbl of oil from their emergency reserves to send a unified and strong message to global oil markets that there will be no shortfall in supplies as a result of Russia’s invasion of Ukraine
Industry
Halliburton opens chemical manufacturing reaction facility in Saudi Arabia
Halliburton has announced the opening of the Halliburton Chemical Reaction Plant – the first of its kind in Saudi Arabia to manufacture a broad range of chemicals for the entire oil and gas value chain as well as many other industries
Enteq launches technology centre to drive SABER Tool development
Enteq Technologies, the energy services technology and equipment supplier, has opened its new technology centre in Andoversford, near Cheltenham, in the UK to drive the development of its innovative SABER Tool
Endress+Hauser establishes sales office in Oman
Endress+Hauser, the Swiss specialist in measurement and automation technology, has opened a new sales office in Muscat, Oman, to strengthen its support to customers on the Arabian peninsula across all industries
SDX Energy completes drilling at the MSD-25 well, West Gharib
AIM-listed SDX Energy, the MENA-focused energy company, has completed the drilling at the MSD-25 infill development well on the Meseda field in its West Gharib concession, Egypt, where SDX has 50% working interest