Cleansorb, a leading provider of patented chemical well treatments that enhance hydrocarbon production for the international oil and gas industry, today announced that following a series of successful ORCA™ for OBM treatments on offshore oil production wells and a water injection well drilled with OBM, increased production and water injectivity have been achieved on behalf of a major operator in the Middle East.
Second set of major onshore and offshore blocks across the emirate of Abu Dhabi opened for competitive bid round following conclusion of the highly successful debut bid round. Exploration studies suggest blocks could contain significant amounts of conventional and unconventional oil and gas resources.
Unique Group, one of the world’s leading integrated subsea and offshore solutions providers, has announced that it has entered into a key agreement with Add Energy Asset & Integrity Management to provide asset and maintenance management consultancy and software solutions to energy and manufacturing companies in the UAE.
SABIC announced that Saudi Aramco signed today a share purchase agreement to acquire a 70% majority stake in SABIC from the Public Investment Fund of Saudi Arabia in a private transaction.
