The UK has accused Iran of being behind an attack on a tanker offshore Oman on July 29 and is working with partners on a response.
Proserv Controls has won a “significant contract” to provide wellhead control panels (WHCPs) to the Basra Oil Co. (BOC), at Iraq’s Majnoon oilfield.
Iran has opened a new export terminal in Jask, in the south of Iran, allowing it to bypass the Straits of Hormuz.
Alfa Laval has settled a complaint from the US about exporting storage tank cleaning units to Iran.
ADNOC has dished out a unified drilling contract worth $763.7million, with Schlumberger and Halliburton landing sizeable shares.
ShaMaran Petroleum has struck a deal to buy an 18% stake in the Sarsang licence, in Kurdistan, from TotalEnergies.
Qatar Petroleum (QP) has struck yet another LNG supply deal, agreeing to export 2 million tonnes per year to Korea Gas Corp. for 20 years.
Qatar Petroleum will supply 1.25 million tonnes per year of liquefied natural gas (LNG) to Taiwan’s CPC Corporation for 15 years. Qatar Petroleum said yesterday that LNG deliveries will start in January 2022. Since the first LNG delivery in March 2006, CPC has received more than 63 million tonnes of LNG from Qatar.
BP Plc and Russia’s Lukoil PJSC want to sell down their assets in Iraq, according to the country’s oil minister.
The expected return of Iranian oil to the market as US sanctions are likely to be lifted over the next year will offer new opportunities for former buyers in Asia to reshuffle their oil import mixes. Significantly, the return of Iranian barrels will trigger a fierce battle among global suppliers for market share raising the risk of price drops, reported Fitch Solutions.
Qatar Petroleum (QP) has raised $12.5 billion through a bond sale, in order to finance its North Field East (NFE) project.
A small US-listed company has signed an agreement to develop a $2.4 billion refinery in Oman’s Port of Duqm.
Qatar Petroleum is set to supply another 1 million tonnes per year (t/y) of liquefied natural gas (LNG) to China after signing a 10-year contract with Shell. The deal brings Qatari LNG supplies to China under long-term deals to 12 million t/y.
The International Finance Corp. (IFC) has arranged a $360 million for Basrah Gas Co. (BGC), which will be one of the largest gas flaring reduction schemes in the world.
A Canadian company has loaded two well service rigs onto an Antonov AN-124 to carry them to Oman.
Oilfield service firm Hunting said today it had clinched its first sizeable order for a pioneering technology that uses microbes to increase hydrocarbon production.
State-owned Pakistan State Oil, Pak-Arab Refinery and Pakistan LNG will receive a $4.5 billion loan to fund imports of crude, petroleum products, urea and LNG over 2021-2023.
Energean has signed up a rig from Stena Drilling to work on up to five wells offshore Israel.
The United Arab Emirates could become the first nation among the Organization of the Petroleum Exporting Countries (OPEC) to set a net-zero goal, a move that would please Western countries pushing for stronger climate commitments but won't require it to sell less oil.
Centurion Group has acquired UAE-based Specialist Services Group with hopes of major growth in the Middle East and beyond.
Companies have made offers for double the amount of equity available in Qatar Petroleum’s (QP) North Field East (NFE) project.
Abu Dhabi’s sovereign wealth fund Mubadala Investment Company has offloaded a A$363 million ($273 million) share in Oil Search, which has major stakes in Papua New Guinea’s emerging liquefied natural gas (LNG) sector.
Saudi Aramco has closed the $12.4 billion sale of a 49% stake in its pipelines unit, to a group led by EIG.
Saipem has won a $510 million contract from Adnoc for work to expand the existing Shah gas plant.
Energy services firm Proserv has scooped up Dron & Dickson’s Middle East based trade and assets.