Bahrain to create $1 billion energy fund

May 12, 2018 ecovily645 0

  Bahrain plans to raise $1 billion for energy investments in a fund the government calls unique among Gulf Cooperation Council countries. Investments will include development of Bahrain Petroleum Co.’s recent offshore discovery in an […]


Qteq expands with acquisition of Surtech and WellServ

May 11, 2018 ecovily645 0

  Georesources-focused company Qteq plans to acquire Perth-based subsurface data logging company Surtech Systems, and directional and measurement drilling company WellServ, in a cash-and-scrip transaction. The deals will be Qteq’s third and fourth acquisitions this financial […]


OGDCL adds 17 oil, gas wells to system

May 7, 2018 ecovily645 0

  ISLAMABAD – Oil and Gas Development Company (OGDCL) has injected 17 new oil and gas wells, producing 359,267 barrels crude oil and 9,624 mmcf gas, in its production gathering system during three quarters of the […]