Saudi Energy Minister Prince Abdulaziz bin Salman reportedly said that it could either be treated 'with a garden hose', or with 'a fire brigade'
Production has plummeted from 1.2mbpd just before the blockade, which began on 18 Jan 2020
The block is spread across 90,000 sqkm with a wide range of depths
Meeting will go ahead as planned despite coronavirus outbreak
The kingdom has been tapping its crude inventories following attacks on oil facilities in September 2019
71% of respondents saw a need to increase spending on cloud security monitoring
The Dalma project is a key part of the Ghasha ultra-sour gas concession which is central to ADNOC’s strategic objective of enabling gas self-sufficiency for the UAE
The agreement will help fast-track innovation and streamline the adoption of applied technologies in areas such as marine robotics, advanced sensing, artificial intelligence and autonomous systems
Originally launched by Tendeka in 2013, the SwellStack has been utilised in more than 180 installations globally prior to the release of the next generation design
A material made from waste cooking oil and sulphur that can soak up oil spills and other pollution will be commercialised following a deal between its South Australian inventors and a Singaporean company.
Regional leaders call for more gender diversity within the industry at GWFD
Wafra has been shut for over four years due to a dispute over Saudi Arabia's Chevron Corp's concession
The blockchain-enabled startup announces its latest contract, working with the European Space Agency to develop services for the global mining community
Bob Dudley led the British oil major following the Deepwater Horizon tragedy and through the oil price crash
Dr. Jaber was recognised for his innovative approach to partnerships and a wide range of achievements in 2019