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

PDO pledges to continue with renewables despite GlassPoint liquidation
GlassPoint Solar was a technology company working with PDO on renewable-powered enhanced .....
BAPCO expansion 50% complete: Bahrain oil minister
The project is set for completion in the third quarter of 2022

Products & Services

Too much LNG: Here are the producers better positioned to cut output as Covid-19 erases profits
LNG producers with short-run marginal costs that exceed spot prices are increasingly .....
OFS stocks lost half their value since 2020 began
The best performers among services companies were in the EPCI sector

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