Tag Archives: Drilling

Initial production and service operations are expected to commence in 2019.

Oil output in the U.S. dropped last week for the first time in more than two months.

India’s average monthly imports in 2017 of about 1.7 million tonnes are well still behind China’s 2.2 million tonnes.

Zohr was first auctioned back in 2012. but the discovery of the huge deposit of gas was only made in 2015.

Rag Sefid field. holds an estimated 16.5 billion barrels of crude oil in place.

Russian officials voiced some skepticism in the lead-up to the most recent extension.

The company plans to build an onshore drilling rig facility and a casting and forging unit in Ras Al Khair.

Oil prices rose on Monday. although the 2018 outlook points to ample supply despite production cuts led by OPEC.

By expanding infrastructure both upstream and downstream. Kuwait is positioning itself to capitalise on rising global energy demand.

Rosneft has plans to jointly develop the Val Shatskogo (Shatsky Ridge) oilfield with Italy’s Eni.