Global oilfield servicing giants have revealed plans to halt new investments in Russia as they respond to US sanctions over the country’s military operation in Ukraine. American-Irish Weatherford International has become the latest such company to bow to the quitting trend. “Following the implementation of sanctions on February 24, 2022, …
Read More »Fire at Kuwait’s largest oilfield is latest in series of blazes at oil sites across Middle East, but ‘no impact on production’
In a statement on Monday cited by state-run media, Kuwait Oil Company (KOC) spokesman Qusay Al-Amer said a fire had broken out at dawn and all relevant teams had been dispatched to bring it under control. Al-Amer said two workers, both of whom worked for a service company contracted to …
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