Middle East

ADNOC will purchase eight FlexRigs while H&P invests in ADNOC Drilling’s planned public offering.

Eni seeks to apply to Africa and the Middle East the pioneering JV strategy it used in Norway to cut debt and earn profit while repositioning itself in a future carbonless world. It starts with Africa’s biggest foreign oil and gas producer shedding its assets.

Under pressure from the Kingdom to help boost the private sector’s contribution to Saudi Arabia’s GDP to 65% by 2030, Aramco secures a cash payout of $12.4 billion in one of the world’s largest energy infrastructure deals ever.

Schlumberger has won a $480-million contract to drill 96 oil wells in southern Iraq for the country’s Basra Oil Company and for ExxonMobil, which operates the giant West Qurna-1 field with partners from Iraq, Japan, Indonesia, and China. West Qurna-1 is one of the world’s largest oil fields.

The $2.59-billion deal advances BP’s effort to divest $25 billion of its global proceeds by 2025.

This paper details the introduction of a drilling automation system to deliver superior well-construction performance in a major gas field.

Cyberhawk will provide drone inspection, surveying, data visualization services, and inspection reports.

In response to increasing demand for remote offshore services, Fugro has completed the Middle East’s first fully autonomous geophysical shallow-water route survey.

The complete paper analyzes the role of liquefied natural gas (LNG) in balancing the natural gas demand in the Middle East/North Africa (MENA) region.

Saudi Arabia offers a seemingly bottomless supply of oil and an equally deep array of exploration challenges as well.