Cyprus

Infinity Oilfield Services and Medserv have formed a new joint venture named InMedCo to provide a portfolio of specialized technical services to the oil and gas market.

Conventional oil and gas discovered resources in 2019 are on pace to rise 30% from last year and reach their highest level since the beginning of the industry downturn. Here, a recap of the first quarter's 15 biggest oil and gas discoveries, which altogether are propelling the increase.

The discovery is world’s third-largest natural gas discovery in the past 2 years.