Industry

Cyberhawk completes UAV inspections on 63 platforms for Dubai Petroleum

Offshore inspectionAs part of a framework agreement with Dubai Petroleum, Cyberhawk has completed the inspection of more than 350 risers on 63 offshore platforms

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Mideast oil and gas producers hit by the US export shares in Asia: Gulf Intelligence

MidEast Oil RigThe Middle East oil and gas exporters are considered to be highly affected as the US energy exporters gaining more market shares in Asia, according to 63 per cent of industry executives polled in a Gulf Intelligence Survey

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Sonatrach and Saipem announce settlement over Algerian fields

Algeria DispSonatrach and Saipem have signed an agreement to end the litigations concerning the construction of a liquefied natural gas (LNG) plant in various fields in Algeria

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Top three Saudi oil fields drive 59 per cent of country’s oil production in 2021: GlobalData

SA Oil RefMore than US$79.6bn in capital expenditure (CAPEX) is set to be spent by Saudi Arabia Oil Co on oil projects in the next four years to ensure that country’s production remains around 11.2 mmbd in 2021, according to GlobalData

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DNO ramping up Kurdistan investments, reports strong 2017 results

Kurdi DNODNO ASA, the Norwegian oil and gas operator, has announced a 50 per cent hike in 2018 spending in Iraq’s Kurdistan region to US$250mn net to the company on the back of higher revenues and regular export payments

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