Tag Archives: Drilling

Romania currently produces about 10.5 billion cubic metres of gas each year.

Aramco’s Research and Development Center won the Breakthrough Research of The Year for their Project.

Turkey strongly objects to exploratory drilling off Cyprus.

OPEC last sought to drive out shale producers by flooding the market with oil in 2014.

Gazprom Neft could partner with Mubadala. Adnoc and other companies in the development of oil and gas reserves.

Weatherford posted a net loss of $199 million (Dh730.8m) for the third quarter year-on-year.

U.S. production will be growing despite the current capacity constraints in the Permian.

Exxon still sees a bright future for the oil industry. with 2.5 billion people set to enter the middle class in the next 20 years.

Due to the crisis that began in 2011. the field. with gas reserves of about 4 billion cubic meters. was closed.

The aggressive gasification targets and an unusually cold winter last year caused a supply shortage.