The United States holds the top spot with the largest remaining conventional and...
- ADNOC awards FEED contracts for three fields offshore Oman
- US tops countries with largest remaining recoverable gas reserves
- ExxonMobil acquires 25% indirect interest in Mozambique’s Area 4 block
- Aker Solutions secures contract from Maersk Drilling
- Air Products secures gas contract for Coral FLNG project
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ADNOC awards FEED contracts for three fields offshore Oman
Abu Dhabi National Oil Company (ADNOC) has awarded two front-end engineering design (FEED) contracts for its planned offshore ultra-sour gas mega-project to Bechtel (UK) and TechnipFMC (UAE).
Wet Stator Units for Oil and Gas
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Industrial Noise, Vibration and Thermal Management Solutions
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US tops countries with largest remaining recoverable gas reserves
The United States holds the top spot with the largest remaining conventional and unconventional gas reserve, with 748,307 billion cubic feet expected to be economically recovered in the country.
Safaniya Field Upgrade, Persian Gulf
Safaniya oil field, located 200km north of Dhahran in the Persian Gulf, Saudi Arabia, is currently the largest offshore oil field in the world, with 37 billion barrels of oil reserves.
Russia’s investment will ensure stable supply of Russian crude through 2021
Over $79.4 billion in capital expenditure will be spent by Russia-focused operators on oil projects over the next four years to ensure that country’s production remains at 11 million barrels per day, according to research and consulting firm GlobalData. Rosneft Oil Company will drive Russia’s oil and condensate production with over 41.3 percent share of production in 2021. Gazprom (Gazprom Neft) and Lukoil Oil Company will follow with 15.1 percent and 14.6 percent of 2021 production respectively.
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