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December 12, 2017 5:46 am

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UAE Says OPEC, Allies To Announce Exit Strategy From Oil Cuts In June

United Arab Emirates Energy Minister Suhail bin Mohammed al-Mazroui says OPEC and non-OPEC oil producers plan to announce in June an exit strategy from global supply cuts.

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Oil, Gas to Continue to Play Key Role in North East Scotland Growth

The oil and gas industry will continue to play a key role in North East Scotland’s growth, Derek Leith, EY office managing partner for Aberdeen, has confirmed.

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Robotics Process Automation Benefits and Challenges Oil, Gas Workforce

The oil and gas industry has used RPA to solve many workforce problems following the downturn, but challenges still exist.

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DNO Triples Production at Peshkabir Field

Production from the Peshkabir field in the Kurdistan Region of Iraq’s Tawke license has tripled to 15,000 barrels of oil per day.

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Iraq Boosts Output Capacity At Kirkuk Oil Refinery-Oil Ministry

Iraq’s Oil Ministry has added a new processing unit to the Kirkuk oil refinery, increasing the plant’s capacity to 56,000 barrels per day.

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Subsea UK Unveils New Board for 2018-19

Industry body Subsea UK has unveiled its new board for 2018-19, following a members’ ballot at its Annual General Meeting.

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Premier Oil To Sell North Sea Pipeline Stake To CATS

Premier Oil Plc will sell its 30% stake in a North Sea pipeline to UK gas infrastructure company CATS Management Ltd for up to 23.6 million pounds ($31.68 million).

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Kuwait Replaces Oil And Finance Ministers – State News Agency

Kuwait replaced its oil and finance ministers in a cabinet reshuffle on Monday, state news agency KUNA reported.

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AWE receives acquisition proposal from Mineral Resources Limited

AWE Limited receives an acquisition proposal from Mineral Resources Limited.

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Global Oil Sector Will Shift to Upcycle in 2018

The global oil and gas sector will shift from downcycle to upcycle in 2018, according to a new report from BMI Research.

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