Global gas production hit highest growth in a decade in 2018
North America drove growth, followed by the Middle East
Offshore spending will outgrow spending on onshore shale activities: Rystad Energy
Offshore budgets were at a 10-year low in 2018, and expected to grow in 2019
Eni will start drilling for oil in Bahrain in 2019: Bahrain oil minister
Mohammed bin Khalifa Al Khalifa, Bahrain's oil minister, said that the first exploratory well will be drilled this year
Saudi Aramco awards Zuluf and Berri EPC contracts to L&T consortium
The consortium will perform the engineering, procurement, construction and installation of subsea pipelines and three oil production deck manifolds for .....
Eni signs exploration and production sharing agreement for Oman's onshore Block 47
Eni is heavily expanding its Middle East presence with several exploration deals
Global gas production hit highest growth in a decade in 2018
North America drove growth, followed by the Middle East
Offshore spending will outgrow spending on onshore shale activities: Rystad Energy
Offshore budgets were at a 10-year low in 2018, and expected to grow in 2019
Eni will start drilling for oil in Bahrain in 2019: Bahrain oil minister
Mohammed bin Khalifa Al Khalifa, Bahrain's oil minister, said that the first exploratory well will be drilled this year
Saudi Aramco awards Zuluf and Berri EPC contracts to L&T consortium
The consortium will perform the engineering, procurement, construction and installation of subsea pipelines and three oil production deck manifolds for .....
Eni signs exploration and production sharing agreement for Oman's onshore Block 47
Eni is heavily expanding its Middle East presence with several exploration deals

Exploration

Eni signs MoU for petroleum exploration in Block 1 offshore Bahrain
This is the third exploration announcement made by Eni this week; the company also signed agreements with ADNOC and SNOC
Eni awarded three of Sharjah's onshore exploration concession areas
The UAE emirate Sharjah launched its first international competitive exploration licensing round in 2018 to explore and develop new hydrocarbon .....

Drilling & Production

Saudi Aramco could issue $10bn bond to fund Sabic acquisition
Saudi Arabia's energy minister, Khalid Al-Falih, reportedly said Aramco has plans to tap the bond market in Q2 2019
Bank of America Merrill Lynch forecasts 1.6mn bpd OPEC+ output cuts, $70 per barrel oil in 2019
If global growth collapses, the firm says Brent could drop to $35 per barrel

Products & Services

Ariel Corporation regional manager on the compressor market trends
As natural gas use increases, gas compressors are in higher demand and the landscape has shifted for suppliers with oil .....
Tendeka secures multimillion-dollar AICDs contract to boost oil recovery in Middle East
Tendeka will provide reservoir modelling and the installation of FloSure Autonomous Inflow Control Devices to boost production

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