Sem Energy launches Middle East division
Environmental services firm Sem Energy, of Aberdeen, has launched a Middle East division.
Middle East
Gulf Keystone puts the brakes on
Gulf Keystone Petroleum has taken steps to shore up its financial position, with a knock-on impact to its predicted 2020 production.
Energean’s 2020 capex up 22%
The purchase of Edison E&P will provide Energean with insulation from oil price volatility, although the company has trimmed its capital expenditure plans in 2020.
Abu Dhabi lines up April production boost
Abu Dhabi intends to supply more than 4 million barrels per day of crude in April, following recent moves by Saudi Arabia and Russia to maximise output.
Supply booms, demand languishes: all are punished
Oil price falls below $40 per barrel spell problems throughout the industry, with companies and countries alike facing tough times.
Saudi Arabia to invest $110bn in Jafurah gas field
Saudi Arabia plans to invest 412 billion riyals ($110 billion) to develop unconventional natural gas reserves in the eastern Jafurah field, according to the kingdom’s official Saudi Press Agency.
Siemens wins jackup modernisation work from ADC
Siemens has won work to modernise systems on a jackup rig for Arabian Drilling Co. (ADC).
Total, PTTEP sign up Omani gas block
Total and Thailand’s PTT Exploration and Production (PTTEP) have signed up to explore and develop non-associated gas in Oman’s Block 12.
Petrofac wins contracts worth £1.3billion for Abu Dhabi ‘mega project’
Petrofac has been awarded two contracts worth a combined £1.3billion for a “mega project” near Abu Dhabi.
US men charged for Iranian oil-to-China plan
The US has charged five of its citizens with conspiring to sell sanctioned Iranian oil to China.
Qatar doubles down on LNG to Kuwait
Qatargas will supply 1 million tonnes per year of LNG to Shell, for delivery to Kuwait, starting this year.
Coronavirus threatens Karish development
Energean Oil and Gas has issued a warning of the potential impact of the novel Coronavirus on the construction, and therefore timetable, of the hull for its floating production, storage and offloading (FPSO) vessel for its Karish field.
KBR takes PMC work on Ghasha
KBR has won project management consultancy (PMC) work from ADNOC on the Ghasha concession.
Abu Dhabi to develop major gas find with Dubai
Abu Dhabi National Oil Co. (ADNOC) and the Dubai Supply Authority (DUSUP) have signed an agreement to develop the Jebel Ali project, a shallow gas find.
Yemeni rebels target Saudi Aramco in Jazan
Yemen’s Houthi rebels launched a missile attack on Saudi Aramco, but an oil official in the kingdom said the projectiles were intercepted before they could hit their target in the southern Jazan region.
Adnoc’s $15bn gas pipeline draws BlackRock, GIP interest
BlackRock Inc., Global Infrastructure Partners and KKR & Co. are among suitors considering bidding for a stake in natural gas pipelines being sold by Abu Dhabi’s state-owned energy giant, people familiar with the matter said.
New Flowline Specialists boss says renewables growth backs up diversification call
North-east energy services firm Flowline Specialists has delivered its first set of results under new boss Ross Whittingham, who said growth in renewables work vindicated its decision to diversify.
Total, Marubeni to invest in 800-megawatt Qatar solar plant
Marubeni Corp. and Total SA agreed to take a minority stake in a 1.7 billion-riyal ($464 million) project to build Qatar’s first solar power plant.
Israeli gas flows into Egypt
Gas exports from Israel’s Leviathan field to Egypt began on January 15.
Russia, Turkey call for Libya ceasefire
Russia and Turkey have called for a ceasefire in Libya, to come into force as of midnight January 12.
Russia Readies New Gas Link to Europe in Defiance of US
Russia officially opened its TurkStream natural gas pipeline on Wednesday, further diversifying export routes to Europe amid a backlash from the U.S.
Aramco puts Port Arthur on road to FID
Sempra Energy has signed a deal with Saudi Aramco on future work at the Port Arthur LNG export project, in Texas.
Turkey to play spoiler in EastMed plans
The proposed East Mediterranean gas pipeline will be “impossible” without consent from Turkey, according to Northern Cyprus’ Prime Minister Ersin Tatar.
Kuwait signs up LNG supplies from Qatar
Qatar Petroleum (QP) has signed up to supply Kuwait with 3 million tonnes per year of LNG for 15 years, under an agreement with Kuwait Petroleum Corp. (KPC).
Petrofac clinches deals worth £100m in Oman
Oilfield service firm Petrofac said today that it had clinched £100 million worth of work with Petroleum Development Oman (PDO).