Coronavirus is causing the biggest fall in global energy investment in history: IEA
Impacts are being felt across the energy world, from fuel and power .....
Saudi and Kuwait to halt neutral zone production in June
The countries will stop production for a month as part of measures .....
Saudi Arabia and Iraq will cooperate to balance oil market
Foreign Minister Faisal bin Farhan noted a desire to reinstate the Saudi .....
SNOC awards EPIC contract to Lamprell
Scheduled for completion in early 2021, Lamprell's scope of work is specific .....
KSA-based seismic solutions company ARGAS  targets global expansion
The agreement waives all territorial, technical, commercial exclusivities and any other restrictions .....

Exploration

Market conditions could cancel more than half of 2020 licensing rounds
Rystad Energy lists licensing rounds that are likely to go ahead, unlikely, .....
Targeted billion-barrel oil resources at risk as exploration wells may face delays
At least nine of the world’s top planned exploration wells for 2020 .....

Drilling & Production

OPEC supply cut compliance at 74% in May
While Saudi Arabia and other Gulf countries made additional cuts to their .....
US tops upstream oil & gas CO2 emitters list
Canada had the highest CO2 emission intensity per barrel of oil equivalent, .....

Products & Services

KIZAD breaks ground on largest rest, refuelling facility in region
Truck Plaza to include dedicated ADNOC Distribution service station, parking bays, mosque .....
Petrofac secures Iraq contract extension with Basra Oil Company
The extension is for BOC's long-standing Iraq Crude Oil Export Expansion Project

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