DRILLING & PRODUCTION

Localisation brings growth back home
Carla Sertin says localisation will impact all parts of the oil and gas industry, and marks an investment by producers .....
ADNOC awards China ZhenHua Oil a 4% interest in its onshore concession
China ZhenHua Oil acquires share previously held by CEFC China
ADNOC announces blockchain platform for its full value chain
The platform is expected to provide a faster and more reliable system to replace lengthy manual processes
OPEC to make larger production cuts than expected
Group and allies will cut 1.2mn barrels per day of production in 2019
Saudi Arabia will seek moderate output cut for 2019
Saudi Oil Minister Khalid al-Falih's comments sent ripples through the market
Russia key to OPEC 2019 production cut decision
Cut will be between 1mn and 1.3mn bpd, depending on Russia's contribution

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Oil & Gas Middle East - December 2018

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