Storage became a serious issue as demand plummeted due to the coronavirus pandemic
The resource volumes were 42% lower and the number of discoveries was down by 31% compared to the same period in 2019
Eni, BP and Total have successfully drilled the first exploration well in the North El Hammad license
Amin Nasser is optimistic about the second half of the year, and credited IKTVA and previous attacks on Aramco helped it build resilience before the pandemic
The onshore oil field produces more than 370,000 barrels per day
Iranian President Hassan Rouhani called it a strategic prorject
$163 million will go to the public sector, and $80 million to private sector operations
NFC communication and the smartphone app provide further setting options, such as the simultaneous configuration of several devices.
The project consists of 500 million cubic feet of gas
The biggest drop in associated gas production will be felt in North America
Primary commodity type determines level of impact by the crisis on US midsize companies’ operations, GlobalData says
Contributing her strong industry expertise in mining, minerals, metals, power, energy, and oil & gas, Canninah Mapena has been appointed as the Managing Director of Rockwell Automation in Sub-Saharan Africa.
In addition to this MoU, the parties anticipate an extended project pipeline once the first projects are initiated.
GCC nations made additional cuts to help boost compliance
The company says that the transaction will result in upfront proceeds of over $10 billion to ADNOC