The US will drive global oil supply growth over the next five years thanks to the remarkable strength of its shale industry, according to the annual oil market forecast by the International Energy Agency (IEA)
Exploration
ABB launches versatile ABB AbilityTM Wellhead Manager
Automation company ABB’s has launched its versatile new cloud-based visualisation system, ABB Ability™ Wellhead Manager, which supports smarter teamwork, enhanced efficiencies and lower costs for oil and gas operators of all sizes
MODEC wins FPSO contract for SNE field offshore Senegal
MODEC, a supplier and operator of offshore floating platforms, has announced that its subsidiary MODEC International has been awarded a contract for the first floating production storage and offloading (FPSO) vessels in Senegal
ENOC signs JV agreement to expand Egyptian operations
Dubai’s ENOC Group and Proserv Egypt, the oil and gas company, have signed a joint venture (JV) agreement to establish ENOC Misr, its first on-ground operations in the lubricants sector in Egypt
Eni awarded two exploration blocks onshore Egypt
Eni has announced that the Egyptian authorities have granted the company two exploration blocks onshore Egypt
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