Proven reserves
Definition Proven reserves is an industry term that means oil or gas that has been discovered and could be produced with today’s technology. Comments The world consumes about 89 million barrels of oil...
View ArticleSaipem in brief
Tackle each challenge with safe, reliable and innovative solutions Headquartered in San Donato Milanese, next to Milano in Italy, Saipem is a subsidiary of the Italian national oil company ENI S.p.A....
View ArticleSaudi Aramco back at work to increase Saudi upstream capacities
Saudi Aramco to expand Khurais and Shaybah oil fields After years to push ahead its refining and petrochemical activities, Saudi Aramco is coming back to its upstream core business in preparing the...
View ArticleSonatrach to boost production in Alrar gas field in Eastern Algeria
Petrofac and Bonatti awarded Alrar Extension Project The London-based engineering company Petrofac and its Italian partner Bonatti have been awarded by the national oil company (NOC) Sonatrach the...
View ArticleSaudi Arabia to test shale gas viability in Empty Quarter
Saudi Aramco at FEED for three shale gas projects Saudi Aramco is preparing to award front end engineering and design (FEED) contracts to develop shale gas reserves as pilot projects in three different...
View ArticleSaudi Aramco already at work on Manifa Expansion project
Aramco Manifa Expansion to maintain KSA production The state-owned Saudi Aramco company is already considering the Manifa Expansion project as part of the Kingdom of Saudi Arabia (KSA) strategy to...
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