National Energy Services Reunited Corp (NESR), a national, industry-leading provider of integrated energy services in the Middle East and North Africa (MENA) region, has announced multi-year contract awards in North Africa and Gulf regions for its drilling and evaluation product line
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The EIU launches a high-frequency measure of oil market tightness
The global oil market tightened slightly in the week ending 23 November 2018, according to a new measure of oil-market supply created by The Economist Intelligence Unit and CargoMetrics, the oil adequacy index
NNPC deploys strategies to make fuel available for Nigerians
The Nigerian National Assembly has commended the Nigerian National Petroleum Corporation on the strategies deployed so far to make petroleum products available to Nigerians throughout the end of year festivities and beyond
Industry still awash in rigs and bullishness needs tempering: IHS Markit
Fuelled by increasing day rates and growing global demand growth for harsh environment (HE) semi-submersible offshore drilling rigs, some industry leaders are extremely bullish on future demand for these semis, according to IHS Markit, a leading global source of critical information and insight
Eni and Sonatrach inaugurate 10MW solar plant in Algeria
The Chairman and General Director of the Algerian state company Sonatrach, Abdelmoumen Ould Kaddour, and the CEO of Eni, Claudio Descalzi, have inaugurated a 10MW solar plant in Bir Rebaa North (BRN) in Algeria