Saudi Arabia


All posts for Saudi Arabia

Analysis: Things are flat in the Permian, and there's a push for renewables in Santa Fe by Dr. Daniel Fine

The Permian-Delaware Basin rig count should start falling as oil operators, large and small, are flat for 2019. Spending has been sharply reduced as supply now dominates the A.I. (Artificial Intelligence) used by many commodity traders in oil.    The large or integrated oil companies have all the ...

Will Fine


Posted 2 months agoOpinion > Santa Felatest oil and gas newsNew Mexico +69

Reactions to Delaware Basin News Shows Misunderstanding of Petroleum Economics by Dr. Daniel Fine

News of the size of oil reserves in the Delaware Basin (New Mexico's share of the Permian) while OPEC was deciding how many barrels it will cut from the world market to lift prices caused epic confusion – and revelations of how little “authorities” and the media understand petroleum economics. The ...

Will Fine


Posted 4 months agoOpinion > OPECNon-OPECNOPEC +91

Deep Casing Tools appointments strengthen Middle East team amid new business win

International casing and completion technology business, Deep Casing Tools, continues to consolidate its Middle East division with two new appointments and an order placed by a large Middle East national operator for 21 motorised reaming tools, valued at US $1.5million. Aqeel Al Faraj takes up ...

David Stephenson


Posted 4 months agoPress > Middle Eastmiddle east jobsDrilling +6

The Saudi Dilemma: To Cut Or Not To Cut

By Irina Slav for Oilprice.com To cut and push up prices or not to cut and preserve market share, this is the question that Saudi Arabia is facing ahead of this year's December OPEC meeting. It seems like just yesterday when OPEC met in 2016 and decided to cut production by 1.8 million barrels d ...

Oilprice Staff


Posted 4 months agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +4

Analysis: Trump and Saudi Collision on Oil, and Bingaman’s Return to Santa Fe

In an earlier column, readers overseas benefited from this writer's forecast that crude oil prices would fall dramatically because most commodity traders got it wrong. Simply, this column's analysis was the buying of oil assumed a shortage would result once the sanctions against Iran would be activ ...

Will Fine


Posted 4 months agoOpinion > Senator BingamanBingamanSanta Fe +71

Coretrax Reports 40% Business Growth in the Middle East

Coretrax, the independent wellbore clean-up and abandonment specialist, has achieved a 40% growth in Middle East business in 2018. The company, which opened a base in Saudi Arabia in 2014, has seen a steady uptake in activity with a growing demand for its wellbore clean up products which provide s ...

OilVoice Press - OilVoice


Posted 5 months agoPress > Middle EastCoretraxwell +3

Saudi Arabia: Saudi Aramco and Total Launch Engineering Studies To Build a Giant Petrochemical Complex in Jubail

Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanné, Chairman and Chief Executive Officer of Total, signed yesterday in Dhahran the joint development agreement for the front-end engineering and design (FEED) of a giant petrochemical complex in Jubail, on Saudi ...

OilVoice Press - OilVoice


Posted 6 months agoPress > Saudi ArabiaKingdom of Saudi ArabiaSaudi Aramco +3

SmartPlug® Isolations Enable Safe, Efficient Pipe Replacement at Saudi Arabian Industrial Plant

Power and Water Facility Remains in Service during Project at Two Underground Road Crossings   Tulsa, OK (October 2, 2018) - Global pipeline solutions provider T.D. Williamson (TDW) recently paired its SmartPlug ® isolation system and hot tapping and plugging (HT&P) services to enable a pipelin ...

OilVoice Press - OilVoice


Posted 6 months agoPress > SmartPlugpipelineSaudi Arabia +2

OPEC Net Oil Export Revenues Increased in 2017, Will Likely Continue to Increase in 2018

Source: U.S. Energy Information Administration, OPEC Revenues Fact Sheet Members of the Organization of the Petroleum Exporting Countries (OPEC) received about $567 billion in net oil export revenues in 2017, up 29% from revenues in 2016. Increases in both crude oil prices and in net OPEC ...

OilVoice Press - OilVoice


Posted 7 months agoOpinion > EIAEnergy Information Administration EIAOPEC +4

National Energy Services Reunited Corp. Signs an Agreement With Dhahran Techno Valley Company to Open a Research Center in Saudi Arabia

The signing ceremony was held at the KFUPM's headquarters in Dhahran, Saudi Arabia HOUSTON, United States of America, September 11, 2018/ -- National Energy Services Reunited Corp. ("NESR") (NASDAQ: NESR) (NASDAQ: NESRW) ( www.NESR.com ), a national, industry-leading provider of integr ...

OilVoice Press - OilVoice


Posted 7 months agoPress > Saudi ArabiaKingdom of Saudi ArabiaResearch Centre +3

Exploration Geologist - Prospect Generator | NrgEdge Pte Ltd

Introduction Expatriate position based in Dhahran, Saudi Arabia Opportunities within our Eastern Area Exploration department and Red Sea Exploration department Develop prospects to create a direct impact on the future success of the world's largest Oil & Gas company Technical lead posi ...

Hui Shan


Dhahran   Eastern Province   SA Permanent  


Posted 7 months agoJob > Oil and Gas JobsJobs In Oil And Gas IndustrySaudi Aramco +3

Senior Process Control Technician - Refinery DCS maintenance | NrgEdge Pte Ltd

Introduction Expatriate, residential position based in Jazan, Saudi Arabia Maintenance of the refinery's DCS and associated instrumentation  Field based maintenance experience is essential Refinery experience is a strong preference, although will also consider petrochemicals and other heav ...

Hui Shan


Jazan   Jazan   SA Permanent  


Posted 7 months agoJob > nrgedgenrgedge jobsOil and Gas Jobs +5

Dr. Daniel Fine: Trump and Oil in Trade Geopolitics

Unlike 1973, and its oil embargo against the United States, there is no supply threat from the Middle East. Consequently, only a demand unknown moves the price of crude oil. Permian/Delaware has displaced the Middle East as a source and even Mexico imports U.S. production.  This has caused euphori ...

Will Fine


Posted 7 months agoOpinion > United StatesMiddle EastPermian +69

A Saudi-Iran Oil War Could Break Up OPEC

By Irina Slav for Oilprice.com When OPEC and Russia shook on increasing crude oil production by a million barrels daily to stop the oil price climb that had begun getting uncomfortable for consumers from Asia to the United States, there was no sign of what was to come just two months later: slowi ...

Oilprice Staff


Posted 7 months agoOpinion > Saudi ArabiaKingdom of Saudi ArabiaIran +4

Saudi Arabia And Iran Reignite The Oil Price War

By Tsvetana Paraskova for Oilprice.com The rivalry between Saudi Arabia and Iran is becoming increasingly evident in the oil pricing policies of the two large Middle Eastern producers. The two countries are currently reigniting the market share and pricing war ahead of the returning U.S. sanction ...

Oilprice Staff


Posted 8 months agoOpinion > oilpriceKingdom of Saudi ArabiaSaudi Arabia +9