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Middle East


Aramco Picks Banks for SABIC Debt Financing
Saudi Arabia >> 2/14/2019 - Saudi Aramco has selected banks to arrange its first international debt sale which will help it finance the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC), a source familiar wit...
QP Signs 5-Year Light Naphtha Sale Agreement with Marubeni Corporation
Qatar >> 2/13/2019 - Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 5-year sales agreement to supply Japan’s Marubeni Corporation an annual total ...
Iraq's Basrah Gas Company to Increase Capacity by 40 pct
Iraq >> 2/12/2019 - Iraq’s Basrah Gas Company will increase its capacity by 40 percent as part of an investment plan, Royal Dutch Shell said. ...
Tethys Oil Announces Plans for Blocks in Oman
Oman >> 2/12/2019 - Under current market conditions and production assumptions, Tethys Oil expects its 2019 investments for the company’s existing operations on Blocks 3&4 and Block 49 in Oman to amount to US$50-55 milli...
Eni and SABIC Sign Joint Technology Development Agreement
Saudi Arabia >> 2/8/2019 - Eni and SABIC signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and c...
DOF Group Receives Several New Contract Awards
Saudi Arabia >> 2/8/2019 - DOF has announced multiple vessels awards from undisclosed clients in important growing regions for Oil and Gas as Guyana and Saudi Arabia. ...
LUKOIL Begins Drilling New Production Wells at West Qurna-2
Iraq >> 2/7/2019 - LUKOIL commenced drilling of new production wells at West Qurna-2 field as part of the second development phase. The company has so far concluded contracts to drill 57 production wells, including 54 w...
ADNOC Awards AED 5B Contract for Construction of Ghasha Concession Artificial Islands
United Arab Emirates >> 2/6/2019 - The Abu Dhabi National Oil Company (ADNOC) announced the award of a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development o...
Genel Energy Provides an Update on Taq Taq PSC
Iraq >> 2/4/2019 - Genel Energy plc has announced an update on activity at the Taq Taq Field (Genel 44% working interest). Testing of the TT-32 well has now completed. The well flowed oil from three separate zones, with...
KBR Awarded Contract For Refinery Debottlenecking Project in Saudi Arabia
Saudi Arabia >> 2/4/2019 - KBR, Inc. (KBR) has been awarded a contract by SATORP (a joint venture between Saudi Aramco and Total) to debottleneck Train 2 of its existing 440,000 barrels per day refinery in Jubail, Kingdom of Sa...
Oxy Awarded Onshore Block 3 in ADNOC's Licensing Round
Oxy Awarded Onshore Block 3 in ADNOC's Licensing Round United Arab Emirates >> 2/2/2019 - The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding an onshore block – known as Onshore Block 3 – to US based international oil and gas exploration and production company Occident...
Iraq State Oil Company to Drill 40 Wells in Majnoon Field
Iraq >> 1/31/2019 - Iraq’s Basra Oil Co has agreed a deal with state-run Iraq Drilling Co to drill 40 new oil wells in the giant southern Majnoon field, the Oil Ministry said. ...
Extension to Bina Bawi and Miran Conditions Precedent
Iraq >> 1/31/2019 - Genel Energy plc has agreed with the Kurdistan Regional Government to extend the deadline to meet the conditions precedent related to the Bina Bawi gas lifting agreement ('GLA') until 30 April 2019, a...
Oman Trading International Set to Deliver First LNG Shipment to Petrobangla
Oman >> 1/30/2019 - Oman Trading International Ltd (OTI), the trading arm of wholly state-owned Oman Oil Company, is set to deliver first LNG to Bangladesh this week, according to a report by S&P Global Platts, a leading...
Marubeni Enters into Water Purchase Agreement for Shuqaiq 3 Independent Water Project
Saudi Arabia >> 1/30/2019 - Marubeni Corporation has announced that Marubeni, Acciona Agua S.A., Abdul Latif Jameel Commercial Development Company Ltd., and Rawafid Alhadarah Holding Ltd. have signed a long-term Water Purchase A...
Saudi Arabia Hopes to Lure over $425B in Investments
Saudi Arabia >> 1/29/2019 - Saudi Arabia launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the Opec group leader bids to reduce dependence on oil....
Iraq to Sign MOU to Supply Jordan with Oil
Iraq >> 1/28/2019 - Iraqi Oil Minister Thamir al-Ghadhban said that Iraq will supply neighboring Jordan with oil in accordance with a memorandum of understanding (MOU) to be signed after the approval of both governments....
Oxy to Bring Low-carbon Technologies to Oman’s Oilfield Sector
Oman >> 1/28/2019 - Occidental Petroleum, the largest independent producer of oil and gas in the Sultanate, has pledged to introduce pioneering low carbon electricity generation and carbon capture and sequestration techn...
Qatar Energy Minister Says Plans to Order 60 New LNG Carriers
Qatar >> 1/28/2019 - South Korea’s presidential office said on Monday that Qatar’s energy minister outlined plans during a bilateral summit for Doha to order 60 new liquefied natural gas (LNG) carriers. ...
Saudi's Falih Sees No Impact on Oil Markets from Venezuela Turmoil
Saudi Arabia >> 1/28/2019 - Political turmoil in Venezuela has so far had zero impact on global oil markets, Russia’s RIA news agency cited Saudi Arabia’s Energy Minister Khalid al-Falih as saying. ...
Polarcus Awarded 3D Project in West Africa
United Arab Emirates >> 1/28/2019 - Polarcus Limited announces that an award has been received for a 3D marine seismic acquisition project in West Africa. The project will commence in Q1 2019 with an approximate duration of six weeks. ...
ADNOC Signs Strategic Agreements with Eni and OMV in Refining & Trading
ADNOC Signs Strategic Agreements with Eni and OMV in Refining & Trading United Arab Emirates >> 1/27/2019 - The Abu Dhabi National Oil Company (ADNOC) signed two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new trading joint venture, which will be jointly established...
Tethys Oil's Acquistion of an Interest in Block 53 Pre-empted by Partners
Oman >> 1/25/2019 - Tethys Oil announced that it had entered into an agreement to acquire a two percent participating interest in Block 53 onshore Oman. The closing of the acquisition was subject to government approval a...
Rosneft Enters Into an Agreement for Operational Management Of An Oil Products Terminal
Lebanon >> 1/24/2019 - Rosneft and the Ministry of Energy and Water of the Lebanon Republic - Lebanon Oil Installations reached an agreement providing for the transfer into Rosneft’s operational management of the oil produc...
Genel Energy Acquires Stakes in Chevron Operated Blocks in the KRI
Iraq >> 1/21/2019 - Genel Energy plc has reached agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq. ...
Saipem Awarded Two New Contracts from Aramco for a total of Approximately $1.3B
Saipem Awarded Two New Contracts from Aramco for a total of Approximately $1.3B Saudi Arabia >> 1/18/2019 - Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the...
ProSep Secures First Refinery Application of MAX+ Technology in Middle East
United Arab Emirates >> 1/17/2019 - ProSep has announced the first refinery application in the Middle East of its Mutliphase Adjustable Xtreme (MAX+) Mixer. The Max+ unit is a unique mixer with integrated injection and mixing capabiliti...
Iraqi Installations Receive 100 MW of MAN Electrical Energy
Iraq >> 1/16/2019 - MAN Energy Solutions has successfully commissioned six MAN 18V32/40 engines in a cement factory in Samawa, Iraq, and delivered five more engines of the same type to a freshwater-treatment plant in Bas...
Karish & Tanin Remains on Track for First Gas in 1Q 2021
Israel >> 1/16/2019 - Energean Oil and Gas plc (ENOG) intends to announce its preliminary results for the year to 31 December 2018 on Thursday 21 March 2019. In advance of these results, Energean is pleased to provide an ...
McDermott Awarded EPC Contract for CB&I® Storage Tanks
McDermott Awarded EPC Contract for CB&I® Storage Tanks Saudi Arabia >> 1/16/2019 - McDermott International, Inc.has been awarded a sizeable* contract from Daelim Saudi Arabia Company Ltd. for engineering, procurement and construction (EPC) of CB&I Storage Tanks for the Ma'aden Ammon...
PGNiG Signs Agreement for Oil and Gas Exploration in UAE
United Arab Emirates >> 1/16/2019 - The Ras Al Khaimah Petroleum Authority and RAK GAS LLC have signed an agreement whereby the Polish company is permitted to explore for and produce hydrocarbons in the emirate of Ras al Khaimah.
BP & Eni to Agree to Pursue Major New Exploration Opportunity in Oman
Oman >> 1/15/2019 - BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman. Under the HoA, th...
L&T Hydrocarbon Consortium Wins Another EPCI Order from Saudi Aramco
Saudi Arabia >> 1/15/2019 - L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, in consortium with Subsea 7 has won yet another award for two projects from Saudi Aramco. ...
Eni Signs Exploration & Production Sharing Agreement for Block 47
Eni Signs Exploration & Production Sharing Agreement for Block 47 Oman >> 1/14/2019 - Eni and the state company Oman Oil Company Exploration and Production (OOCEP) have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 47 with the Government of the Sultanate...
Eni Signs MoU for Petroleum Exploration in Block 1 Offshore Bahrain
Bahrain >> 1/13/2019 - A Memorandum of Understanding (MoU) has been signed between the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) and Eni with the aim to pursue petroleum exploration of Block 1, an offs...
Eni Enters in Signing Areas A, B and C Onshore Exploration Concessions
United Arab Emirates >> 1/13/2019 - Eni has been awarded Areas A, B & C onshore Exploration Concession Agreements which were offered as part of the of the first International Competitive Exploration Licensing Round launched by Sharjah N...
Eni Acquires Majority Stake in 2 of Abu Dhabi’s Offshore Exploration Concessions
United Arab Emirates >> 1/12/2019 - Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 70% stake in the Offshore Block 1 and Offshore Block 2 exploration areas for a duration of 35 years, leading a consorti...
Lukoil Confirms Geological Model for Eridu Field
Iraq >> 1/10/2019 - LUKOIL has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq. The testing resulted in the commercial flow of dry crude oil that p...
DeltaTek Wins Multi-Well Deepwater Seacure Contract in Israel
Israel >> 1/9/2019 - Well construction specialist, DeltaTek Global has announced an international contract award by Energean Oil and Gas to supply its proprietary SeaCure cementing technology to support the Karish deepwat...
TechnipFMC & MMHE Sign Offshore Agreement with Aramco
TechnipFMC & MMHE Sign Offshore Agreement with Aramco Saudi Arabia >> 1/7/2019 - TechnipFMC (FTI), in consortium with MMHE (Malaysia Marine and Heavy Engineering Sdn Bhd), has signed a Long-Term Offshore Agreement with Saudi Aramco. ...
Lebanon’s 2nd Offshore License Round
Lebanon >> 1/3/2019 - The round is scheduled for official launch this month, with a window for prequalification from January to April 2019. PGS has seismic data that will allow you to analyze some of the most promising lea...
Energean Signs Gas Sales & Purchase Deal for Karish & Tanin
Israel >> 1/2/2019 - Energean Oil and Gas plc (ENOG) pleased to announce that it has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 BCM of gas from its Karish...
Petronas Acquires 10% Stake in Block 61
Oman >> 12/31/2018 - Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd (Petronas), has completed the acquisition of a 10 per cent stake in a gas field in onshore Oman from Oman Oil Company Exploration & Pro...
Aramco Completes Acquisition of Remaining 50% Stake in ARLANXEO JV from LANXESS
Saudi Arabia >> 12/31/2018 - Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced the completion of Saudi Aramco’s acquisition of LANXESS‘s...
Aramco Signs About $85B Investment Agreements in 2018
Aramco Signs About $85B Investment Agreements in 2018 Saudi Arabia >> 12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. During this forum, Aramco discussed $10B ...
UAE's Lamprell Wins Saudi JV Contract for Two Jack-up Rigs
Saudi Arabia >> 12/27/2018 - Lamprell has received a letter of intent ('LOI') from International Maritime Industries Company ('IMI'), the Saudi maritime joint venture in which Lamprell is a partner, confirming the intent to award...
Option for Early Redelivery of Vyacheslav Tikhonov
United Arab Emirates >> 12/27/2018 - Polarcus Limited (PLCS) announces that an early redelivery option has been agreed with the charterers of the "Vyacheslav Tikhonov" ("VT"), originally named "Polarcus Selma". The VT has been on bareboa...
Polarcus Secures Combined Seismic Project in Middle East
United Arab Emirates >> 12/27/2018 - Polarcus Limited has announced that a contract has been executed with Dubai Petroleum Establishment for a combined towed streamer and ocean bottom node ('OBN') 3D seismic acquisition and processing pr...
Rashid D Wellhead Platform Completed by Drydocks World for Offshore UAE
United Arab Emirates >> 12/27/2018 - Drydocks World, a leading marine, onshore and offshore service provider to the shipping, oil, gas and renewable energy sectors, has completed the Rashid D Wellhead Platform jacket and topside for Tech...
Halliburton Awarded Two Drilling Contracts from ENI
Iraq >> 12/26/2018 - Halliburton Company has signed two contracts with Eni Iraq BV (Eni) to provide integrated drilling services at Eni’s Zubair Oil Field in Southern Iraq. Under the contracts, Halliburton will mobilize f...
Iraq's Kirkuk Oil Exports to Stay Restricted
Iraq >> 12/26/2018 - Exports from Iraq’s northern Kirkuk oilfields to the Turkish port of Ceyhan will stay at between 80-90,000 barrels per day (bpd) as most of the crude produced is being diverted to feed refineries in t...
Saudi Aramco Creates Fuel Retail Subsidiary to Expand Downstream
Saudi Arabia >> 12/26/2018 - Saudi Aramco said it was establishing a domestic fuel retailing subsidiary as part of the national oil company’s drive to expand into downstream businesses. ...
MMHE and TechnipFMC Sign Long-Term Offshore Agreement with Aramco
Saudi Arabia >> 12/26/2018 - Malaysia Marine and Heavy Engineering Holdings Berhad (MHB or Group) has announce d that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), in consor...
Kuwait Appoints 4 New Cabinet Members, Including Oil Minister
Kuwait >> 12/24/2018 - Kuwait has appointed four new ministers including Khaled al-Fadhel as the country’s oil minister, the state news agency Kuna reported. ...
Tethys Oil to Buy Minority Stake in Oman's Block 53
Oman >> 12/23/2018 - Tethys Oil has entered into an agreement to acquire a two percent participating interest in Block 53 onshore Oman from Total E&P Oman, a wholly-owned subsidiary of Total. Block 53 holds the Mukhaizna ...
APICORP Commits $100 million in Funding Support for Duqm Refinery
Oman >> 12/23/2018 - The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has announced a $100 million investment as part of a consortium of international and regional banks to finance th...
Iraq in Deal with Schlumberger to Drill 40 Wells in Majnoon Oilfield
Iraq >> 12/19/2018 - Iraq has agreed a deal with U.S. company Schlumberger Ltd to drill 40 wells in the giant Majnoon oilfield, the Oil Ministry said. ...
ADNOC Awards OMV 5% Stake in Ghasha Offshore Gas Concession
United Arab Emirates >> 12/19/2018 - The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have awarded Austria’s OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nas...
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas United Arab Emirates >> 12/18/2018 - The Abu Dhabi National Oil Company (ADNOC), and its project partner Cepsa, have announced the awarding of a key contract, as both companies move forward with plans to develop a world-scale Linear Alky...
Energean to Receive $98M from Israel Natural Gas Lines
Israel >> 12/17/2018 - According to a Memorandum of Understanding signed between Energean Israel and INGL, US$98 million will be paid to Energean in consideration for constructing and transferring to Israel Natural Gas Line...
NIOC & RIPI Ink Research Deal on Gas Hydrates
Oman >> 12/17/2018 - The National Iranian Oil Company (NIOC) and the Research Institute of Petroleum Industry (RIPI) signed a contract for the latter to conduct research on gas hydrates in the Sea of Oman. The deal was si...
Oman Seeks Intl Investment to Develop Ultra-heavy Oilfield
Oman >> 12/17/2018 - Oman’s Ministry of Oil & Gas says it will open up its ultra-heavy oilfield at Habhab in south Oman to investment and development by international players with the technological and financial wherewith...
Petrofac Secures $115M Contract with Petroleum Development Oman
Oman >> 12/17/2018 - Petrofac has been awarded a contract worth around US$115 million for the development of the Qarn Alam Co-Generation Project, located 350 kilometres southwest of Muscat, Oman. ...
Polarcus Awarded XArray Project in West Africa
United Arab Emirates >> 12/17/2018 - Polarcus Limited announces that an award has been received for an XArrayTM marine seismic acquisition project in West Africa. The project will commence in Q1 2019 with an approximate duration of two m...
Oman Awards Blocks 51, 65 to Oxy, OOCEP
Oman >> 12/16/2018 - Occidental of Oman, the local subsidiary of Occidental Petroleum (Oxy), signed Exploration and Production Sharing Agreements (EPSA) for two new hydrocarbon blocks, effectively ramping up its expanding...
Saudi Aramco and Raytheon Sign MOU to Establish JV in Cybersecurity
Saudi Arabia >> 12/14/2018 - Saudi Aramco and Raytheon Company, through its subsidiary Raytheon Saudi Arabia, signed a Memorandum of Understanding to establish a joint venture company that will develop and provide best-in-class c...
ADES Secures A Seven-year Contract in Saudi Arabia
Saudi Arabia >> 12/13/2018 - ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has successfully renewed an existing contract for Admarine 65...
Sercel Awarded Contract for Large Onshore 3D Seismic Survey in Middle East
Saudi Arabia >> 12/13/2018 - CGG announces that Sercel has been awarded a contract by a major data acquisition company to supply land seismic equipment for a large onshore 3D seismic survey in the Middle East. The contract includ...
Iraq Lifts Oil Production at Halfaya Oilfield to 370,000 bpd
Iraq >> 12/12/2018 - Iraq has increased production at its southern Halfaya oilfield by 100,000 barrels per day (bpd) to a total of 370,000 bpd, an oil official told Reuters. Halfaya, operated by PetroChina, is Maysan prov...
Russia's Lukoil Buys First Iraqi Kirkuk Crude since Flows Resume
Iraq >> 12/12/2018 - The first cargo of Iraqi Kirkuk crude to change hands since flows resumed last month has been sold to Litasco, the Swiss-based trading arm of Russian oil producer Lukoil, ship-tracking data and a ship...
BHGE Opens its First Artificial Lift Systems Assembly and Repair Facility in Oman
Oman >> 12/11/2018 - Baker Hughes, a GE company joined forces with the Petroleum Development Oman (PDO) to open its first artificial lift systems assembly and repair facility in Oman to support PDO’s operations and other ...
Shearwater GeoServices Awarded Projects Equivalent to 8 Vessel Months in the Arabian Sea
Oman >> 12/11/2018 - Eni Oman in partnership with Oman Oil Company Exploration and Production has awarded Shearwater GeoServices a seismic survey in Block 52, offshore Oman. The survey, due to commence later this year, wi...
BHGE to Build Oilfield Services Facility to Serve Saudi Aramco and the Region
Saudi Arabia >> 12/11/2018 - Baker Hughes, a GE company announced plans to build a state-of-the-art oilfield services (OFS) facility in King Salman Energy Park (SPARK), underlining its commitment to the Kingdom of Saudi Arabia. T...
Iraqi Oil Minister Expects Prices to Rise Over Time
Iraq >> 12/10/2018 - Iraqi Oil Minister Thamer Ghadhban said he expected the fall in oil prices to stop and for prices to rise over time, adding that if OPEC had not cut production, prices would have dropped to $45-50 per...
Kuwait Petroleum Aims to Produce 85,000 bpd of Heavy Crude by 2020/21
Kuwait >> 12/10/2018 - Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31, according to the text of a speech given by its CEO on Monday, seen by...
Tethys Oil Launches Seismic Campaign on Block 49
Oman >> 12/10/2018 - Following the successful reprocessing of older 2D seismic data, Tethys Oil has launched a new seismic campaign on Block 49. A total of 250 km2 of 3D and 315 km of 2D seismic data will be acquired in t...
Australia Overtakes Qatar as World’s Biggest LNG Exporter
Qatar >> 12/10/2018 - Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed. ...
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession United Arab Emirates >> 12/9/2018 - The Abu Dhabi National Oil Company (ADNOC) announced the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Pet...
Adnoc, Inpex Sign MOU on LNG Bunkering Partnership
United Arab Emirates >> 12/6/2018 - Inpex Corporation (INPEX), has signed a Memorandum of Understanding (MOU) with ADNOC Logistics & Services on LNG bunkering partnership in United Arab Emirates. Under the MOU, INPEX and ADNOC L&S, a wh...
$4.6 billion Financing Signed for Duqm Refinery
Oman >> 12/5/2018 - Duqm Refinery announced its project’s financial close at a gala dinner held at the Intercontinental Hotel Muscat. Achieving a multi-source project financing for the Duqm Refinery project was a major m...
Duqm Refinery Appoints Al Huthaili as New CEO
Oman >> 12/5/2018 - The Board of Directors of Duqm Refinery recently announced the appointment of Dr Salim Al Huthaili as a Chief Executive Officer of Duqm Refinery. ...
Aramco Awards BHGE Major Well Services Contract for Conventional Fields
Saudi Arabia >> 12/4/2018 - Baker Hughes, a GE company has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimizing production from new and existing wells across conventional field...
Oil Firms Chosen to Expand Qatar's North Field Gas Reservoir to be Named Mid-2019
Qatar >> 12/3/2018 - The oil companies that Qatar selects to expand its north field natural gas reservoir will be announced in mid-2019, the country’s energy minister Saad al-Kaabi said. ...
Qatar to Withdraw from OPEC in January 2019
Qatar to Withdraw from OPEC in January 2019 Qatar >> 12/3/2018 - The OPEC Secretary General, His Excellency Mohammad Sanusi Barkindo, has today received a letter from the State of Qatar giving notice of its intention to withdraw from its Membership of OPEC, pursuan...
ADES Acquires 11 Onshore Drilling Rigs in the KSA
Saudi Arabia >> 12/3/2018 - ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has completed the acquisition of eleven onshore rigs from Wea...
Oman to Offer Six New Oil Blocks for Investment
Oman >> 12/2/2018 - Oman has announced plans to offer six new oil and gas blocks for investment as part of the 2019 Licensing Round due to be unveiled in the first quarter of next year. The new blocks — distributed acros...
Iraq's Basra Gas Co Output to Reach 1,050 mcf/d by End-2018
Iraq >> 11/29/2018 - Output from Iraq’s Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (mcf/d) by the end of 2018, an increase of 150 million mcf/d from current levels, the oil mini...
Kuwait Renews Gas Oil Supply Contract with Lebanon
Kuwait >> 11/29/2018 - Kuwait Petroleum Corporation has renewed its contract with Lebanon’s energy ministry to supply Lebanon’s state electricity company with gas oil for a year at international market prices, Kuwait News A...
Weir Signs $4M Deal with Major International Oil Company in Iraq
Iraq >> 11/28/2018 - Weir Oil & Gas Dubai has signed a multi-year contract in Iraq totaling more than $4 million USD with a major international oil company. The contract secures the provision of Weir Oil & Gas workshop se...
Sapura Energy to Join Saudi Aramco’s Long-term Agreement Programme
Saudi Arabia >> 11/28/2018 - Sapura Energy Berhad (Sapura Energy) marked a significant milestone in its growth strategy when its wholly-owned subsidiaries, Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, were selected to join...
Iraq Approves $156.74M Drilling Deal for West Qurna 2 Oilfield
Iraq >> 11/27/2018 - Iraq has approved a $165.74 million drilling deal with China’s Bohai Drilling Engineering Co. for the West Qurna Two oilfield, two Iraqi oil officials said. ...
Energean Announces First Steel Cut on Karish & Tanin FPSO
Israel >> 11/27/2018 - Energean Oil and Gas plc (ENOG) is pleased to announce that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, o...
BHGE Recognized for Localization Efforts in Saudi Arabia
BHGE Recognized for Localization Efforts in Saudi Arabia Saudi Arabia >> 11/26/2018 - Baker Hughes, a GE company received recognition for its localization efforts and announced a series of agreements at Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) Forum. The agreements are in line...
Boskalis, Lamprell Awarded Long-term Deal with Saudi Aramco
Boskalis, Lamprell Awarded Long-term Deal with Saudi Aramco Saudi Arabia >> 11/26/2018 - Lamprell with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) programme. ...
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers Saudi Arabia >> 11/26/2018 - Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, m...
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall United Arab Emirates >> 11/26/2018 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega project with a 10 per cent stake. The Ghasha Concession co...
ADNOC Inaugurates New Taweelah Gas Compression Plant
ADNOC Inaugurates New Taweelah Gas Compression Plant United Arab Emirates >> 11/25/2018 - The Abu Dhabi National Oil Company (ADNOC) inaugurated its technologically advanced Taweelah Gas Compression Plant, which will ensure uninterrupted gas supplies to major Abu Dhabi industries and the N...
Dana Gas Announces 30% Increase in Kurdistan Production Capacity
Iraq >> 11/21/2018 - Dana Gas, the Middle East's leading publicly-listed regional natural gas company, and its partner Crescent Petroleum, have announced achievement of a 30% increase in production capacity at the Khor Mo...
Subtech Group Wins Subsea Contracts in Middle East
Saudi Arabia >> 11/21/2018 - Subtech Group, part of James Fisher and Sons plc, has been awarded multi-million dollar contracts with a major oil and gas contractor, supporting a number of offshore and subsea projects across the Mi...
Polarcus Awarded High Resolution 3D Project
United Arab Emirates >> 11/21/2018 - Polarcus Limited announces that an award has been received to perform a high resolution 3D marine seismic acquisition project in North America. The project duration is approximately 45 days and is exp...

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