Adnoc has awarded the world’s largest 3D seismic shoot to China’s BGP, under a contract worth $519 million.
Chevron has reached first oil at the Sarta field, in Kurdistan, from an early production facility.
Yemeni authorities have agreed to allow a United Nations expert mission to the FSO Safer, with the expectation that this will take place early in 2021.
Saudi Arabia has confirmed a missile attack on a fuel tank in the city of Jeddah, claimed by Houthi rebels in Yemen.
CGG’s Sercel has won a contract to provide land seismic equipment for harsh environment work in Saudi Arabia.
Adnoc has made an unconventional discovery of 22 billion stock tank barrels onshore, Abu Dhabi’s Supreme Petroleum Council (SPC) has said.
Abu Dhabi will invest 448 billion dirhams ($122 billion) in oil and natural gas over the next five years as it seeks to raise production capacity, even while OPEC restricts its output.
The Australian Federal Police (AFP) have arrested a man in Brisbane over corruption allegations tied to work carried out in Iraq.
Saudi Aramco has announced the award of long-term agreements (LTAs) with eight companies, focused on brownfield and plant upgrades.
Independent exploration and production (E&P) firms that fail to adjust to the energy transition face extinction before 2050, an analyst said today.
Energean expects its Karish gas project in Israel to reach first gas in the fourth quarter of 2021 and the Edison E&P deal to close this December.
Sapura Energy has won a number of contracts, including pipeline works for Qatar’s Al-Khalij field, from Total E&P Golfe.
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Total and Adnoc have signed a strategic framework agreement on CO2 reductions and carbon capture, utilisation and storage (CCUS).
Adnoc and Total have celebrated the first delivery of unconventional gas from the Ruwais Diyab concession.
Fitch has cut the outlook of Saudi Arabia, Aramco and Sabic to negative on concerns of the sovereign’s weakening balance sheet.
Drilling service firm MRDS has hired a director to spearhead its growth plans in the Middle East and North Africa (MENA).
Qatar Petroleum (QP) has launched a dedicated LNG trading arm, announcing a deal to supply gas to Singapore.
Intercontinental Exchange (ICE) plans to launch ICE Futures Abu Dhabi (IFAD) and the world’s first futures contracts based on Murban crude oil on March 29, 2021.
There are brighter days ahead for the oil industry, but companies must be agile and cut costs, Adnoc’s CEO Sultan Al Jaber said in opening remarks to the Adipec conference.
Turkey’s TPAO has begun drilling the Türkali-1 well, the first deepwater exploration in the country’s waters.
Saudi Aramco’s pre-tax income fell 44% in the third quarter, to $24.7 billion from $44.07bn.
Lamprell and ADES International have announced new contracts in Saudi Arabia.
Total has no clear view on prices in 2021 and is taking a cautious stance on spending plans, the company’s CFO Jean-Pierre Sbraire said after the company published its third quarter results.
The US Department of the Treasury has imposed new financial sanctions on Iran’s oil industry.