The Serious Fraud Office (SFO) saw one of its Unaoil convictions thrown out earlier this month and appeals for a second are moving ahead.
Vantage Drilling International has agreed to sell three jack-up rigs to ADES Arabia, owned by Saudi Arabia’s Public Investment Fund (PIF).
Delek Drilling has completed the sale of its stake in the Tamar field to Mubadala Petroleum for $1.1 billion.
Technip Energies has won work to update the front-end engineering design (FEED) on the Ghasha mega project. Meanwhile, TechnipFMC has won a contract worth more than $1 billion from Adnoc.
Saudi Aramco has awarded three contracts to McDermott offshore in the Arabian Gulf, shortly after handing Worley offshore work.
Lebanon has launched its second offshore bid round, lowering a number of hurdles in a bid to attract new investors.
Adnoc has awarded two engineering, procurement and construction (EPC) contracts worth $1.46 billion for the Dalma gas project, on the Ghasha concession.
Israeli power producer Dalia Power Energies has opted to terminate its gas purchase from Energean’s Karish and Tanin developments.
Subsea 7 and Schlumberger will work together to provide subsurface equipment to Turkey’s TPAO for the Sakarya field development.
Delek Drilling has signed the sale and purchase agreement with Mubadala Petroleum on the sale of a 22% stake in the Tamar field.
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Cairn Energy has been linked with a potential purchase of a stake in Israel’s offshore Tamar gas field from Delek Drilling.
Saudi Arabia’s purchase of ADES International reduces the risk that the company’s contracts be cancelled or renegotiated, Fitch Ratings has said.
Qatargas has awarded a letter of award for pipelines under the North Field Production Sustainability (NFPS) project to Saipem.
Israel has pointed the finger of blame for pollution of its beaches at Iran, saying an illegal delivery of crude to Syria had gone awry.
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls.
Lamprell has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco on the Marjan field.
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
Israel has warned its citizens against going to the country’s Mediterranean Sea beaches as tar balls wash up on land.
Shipping efficiency will play an important part in the energy transition, reducing emissions and cutting costs.
PTT Exploration and Production (PTTEP) and Kuwait Foreign Petroleum Exploration Company (Kufpec) have made a major gas find while drilling offshore Malaysia.
Despite discussion around East Mediterranean’s gas having a global impact, it is locally that will be the most important, speakers at a recent event said.
Energean has taken final investment decision (FID) on its Karish North gas development, offshore Israel.
Energean has closed its acquisition of Edison Exploration & Production from Edison for a total of $203 million.