Exploration & Production

Simba Essel Energy and Essel Group Middle East sign contract to commence FTG survey In Liberia

vibs 3Simba Essel Energy Inc has advised that its partner Essel Group Middle East has signed an agreement with Bell Geospace to conduct a comprehensive airborne FTG (Full Tensor Gravity Gradiometry) survey across Simba’s exploration block in Liberia

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Mixed fortunes across the oilfield service and equipment sectors

imageedit 2 6126067228In a recent forecast to the World Oilfield Equipment Market Forecast, Douglas Westwood has described that 2017 has seen a strengthening onshore rig count, led by US activity, but firms within the offshore sector have seen little abatement to the challenges presented in recent years

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SATORP achieves ISO 14001:2015 certification from Intertek

Intertek Certificate Handover to SATORPSaudi Aramco Total Refining and Petrochemical Company (SATORP), an oil and petrochemical joint venture refinery between Saudi Aramco and TOTAL, has achieved ISO 14001:2015 Environmental Management Systems Certification for maintaining and improving environmental management systems

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Vallourec signs OCTG supply contract with Shell JV in Egypt

WDiVallourec, the global provider of tubular solutions, has signed a contract with Badr El Din Petroleum Company (BAPETCO) for the supply of tubular solutions (OCTG) for 60 to 70 gas wells of an onshore project in the Western Desert of Egypt

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Oil to average in the US$50s a barrel in 2018

GIQThe average price for Brent crude oil in 2018 will remain in the range of US$50s per barrel, according to Gulf Intelligence’s recent industry survey which was conducted across the Middle East and Asia

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