TAQA closes deal for Al Mansoori services group
Saudi Arabia-based energy services group TAQA has completed its takeover of Al Mansoori Petroleum Services (AMPS) as it eyes regional expansion.
Middle East
Oil & Gas Middle East
Qatar takes stake offshore Lebanon with Total, Eni
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
US to boost pressure on China to stop importing Iran oil, envoy says
The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Islamic Republic’s nuclear activities.
All Middle East Posts
TAQA closes deal for Al Mansoori services group
Saudi Arabia-based energy services group TAQA has completed its takeover of Al Mansoori Petroleum Services (AMPS) as it eyes regional expansion.
Qatar takes stake offshore Lebanon with Total, Eni
“Along with our partners, we are committed to drilling as soon as possible in 2023 an exploration well in Block 9, and our teams are mobilised to conduct these operations.”
US to boost pressure on China to stop importing Iran oil, envoy says
The US said it will increase pressure on China to stop buying Iranian oil, as the White House seeks to enforce sanctions aimed at curbing the Islamic Republic’s nuclear activities.
Adnoc hands out early offshore Hail and Ghasha work
Adnoc has awarded a pre-construction award for offshore facilities on the Hail and Ghasha project to a group including National Petroleum Construction Co. (NPCC).
Energean sees Israel tripling company production in 2023
Total production for 2022 reached 41,000 barrels of oil equivalent per day, of which 75% was gas. For 2023, Energean forecasts this will increase to 131,000-158,000 boepd. Virtually all of the increase will come from Israel.
Gulfsands sets out plan for return to Syria
Under the plan, Gulfsands and its peers could return to their blocks, with appropriate sanction and other approvals. Back with operational control, they could improve oilfield practice – reducing the impact on the environment – while also producing oil.
Samsung Engineering venture wins early Hail, Ghasha work
Adnoc has awarded Samsung Engineering a letter of award for pre-construction services on the Hail and Ghasha project.
Euphrates Energy targets Oman as a first step
“We’ve managed to raise seed capital, from family and friends and some from Oman. We’re just waiting to sign a deal. We’re looking initially at around $30-35 million.”
Fitch warns states will shoulder future decom burden
It cited analysis by Boston Consulting Group stating that by 2038 there would be 1,000 offshore structures in the Arabian Gulf that would no longer be economically viable.
Amid LNG scramble, East Med’s opportunity for Europe
With Qatar at the centre of a “sellers’ market” for LNG, what can the East Mediterranean offer European governments to ease the pressure?
Shell signs up to Oman gas deals, eyes new hydrogen export option
The company signed a term sheet to buy LNG from Oman LNG for 10 years. The Omani project will provide Shell with 0.8 million tonnes per year, it said.
Adnoc launches gas unit, eyes international LNG expansion
Gas, he said, would be “a critical fuel in the energy transition and Adnoc Gas, through its world-scale operations and significant growth and expansion plans, will be well-positioned to meet both local and international gas demand”.
Qatar greenlights $6bn petrochemical plan
The project is QE’s “largest investment ever in Qatar’s petrochemicals sector and the first direct investment in 12 years”, Al-Kaabi said.
Technip Energies wins KOC project management work
Technip Energies has won a project management consultancy (PMC) contract from Kuwait Oil Co. (KOC).
Adnoc to invest $15bn in low carbon drive
The company aims to capture 5 million tonnes per year of CO2 by 2030, it has said. Adnoc’s Al Reyadah facility captures 800,000 tpy currently. The next major investment will come at the Habshan gas processing facility, using local geology.
Zenith strikes deal for OMV’s Yemeni assets, share price jumps
Zenith said there were near-term growth opportunities. This would involve infill drilling and sidetracks for six new wells, boosting output to 15,000 bpd.
Borr adds two more contracts, nears 100% utilisation
Borr Drilling has signed contracts for two of its jack-up rigs, in the Middle East and Southeast Asia.
TPAO adds more gas with Black Sea’s Caycuma find
Turkey’s TPAO has added another 58 billion cubic metres of gas to its holdings with a discovery at the Caycuma-1 well.
AD Ports teams up with Kazakh unit for Caspian work
AD Ports Group has agreed to launch a joint venture with Kazakhstan’s national oil company to provide shipping services in the Caspian Sea.
Japan taps Oman, US for LNG supplies
Japanese companies have struck a number of LNG deals, as the government pushes to lock in future energy supplies.
Qatar extends Japan’s offshore oil deal
However, QPD launched its work in the late 1990s and began producing in March 2006. The fields have now produced 33.5 million barrels of oil.
Adnoc buys a quarter stake in OMV
Adnoc has struck a deal to buy a 24.9% stake in Austria’s OMV, for an undisclosed price, from Mubadala Investment.
KCA Deutag tots up contract wins, Omani electrification
KCA Deutag President Land Simon Drew said the contract extensions are “a key part of our strategy to grow our business in key markets such as the Middle East”.
‘He was a one-of-a-kind’: Family tributes to worker killed on Qatar oil rig
38-year-old Robert Robson, of Tyne and Wear, was killed in the incident in the Persian Gulf.
Family of man who died on Qatar offshore platform could get to decide if killer is hanged
The family of an oil worker found dead onboard an offshore platform in Qatar could get to decide if his killer lives or dies, it emerged today.
