Exploration & Production

OPEC extends oil production cut to end of 2018

oil pump jack 1407715 640OPEC and non-OPEC oil giant Russia have agreed to extend oil production cuts until the end of 2018, after hours of discussions in Vienna on 30 November 2017

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Oman Oil Marketing Company begins fuel bunkering services at port of Duqm

Oman bunkerOman Oil Marketing Company has commenced its fuel bunkering operations by barge at Port of Duqm to expand ship-to-ship services in the Sultanate’s maritime logistics hubs

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Operational excellence delivers ROI in oil and gas industry: Petrotechnics

OEIn a recent survey finding, Petrotechnics, developer of the operational excellence software for the hazardous industries, has revealed that operational excellence (OE) remains central to firms’ enterprise-wide strategies and now delivers tangible results

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Sonatrach and BHGE forms new company to boost Algeria’s oil and gas market

BHGE SONSonatrach and Baker Hughes have announced the creation of a 20,000 sqm manufacturing facility in Arzew Industrial Zone, to strengthen Algeria’s position in upstream oil and gas market to meet local demand

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Egypt to offer oil exploration bid in Q1 2018

Egy OILThe Egyptian Ministry of Petroleum and Mineral Resources has announced to offer an oil exploration bid for the oil resources of the Red Sea in Q1 2018

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