Tag: Oil and Gas
ADNOC Drilling completes 80% stake acquisition of MBPS
ADNOC Drilling Company has completed its acquisition of an 80 percent stake in MB Petroleum Services (MBPS), a drilling and oilfield services joint venture...
QatarEnergy signs Guyana offshore exploration deal
QatarEnergy has signed a Production Sharing Agreement for the shallow-water Block S4 offshore the Cooperative Republic of Guyana, expanding its presence in one of...
Chevron to increase oil, gas production and limit carbon emissions by...
The American multinational energy corporation Chevron has outlined a plan to expand its oil and gas production through 2025 without spending significantly more and...
Saudi Arabia explores new methods of oil, gas exploitation
Saudi Arabia’s Minister of Energy Abdulaziz bin Salman has stated that the Kingdom is planning to introduce new ways of oil and gas exploitation.
The...
KAPSARC identifies 3 factors to enhance gas demand in GCC
According to the International Energy Agency (IEA), the global COVID-19 pandemic would lead to a 32 percent decline in capital expenditure plans by major...
IEA improves oil demand forecast for 2020; Remains cautious about pandemic
The Paris based International Energy Agency (IEA), in its monthly report, has increased its oil demand forecast for 2020. But they cautioned that the...
50% increase in Oil and Gas output expected from Block 61,...
UK-based multinational oil and gas corporation British Petroleum (BP) has revealed that it's regional unit BP Oman is planning to commence delivering 500 million...
