Worley lands Ras Tanura refinery upgrade project with Saudi Aramco
Engineering services giant Worley (ASX: WOR) has landed a refinery upgrade contract with Saudi Aramco.
Engineering services giant Worley (ASX: WOR) has landed a refinery upgrade contract with Saudi Aramco.
Qatar, the world’s biggest exporter of liquefied natural gas (LNG), warned that prices have climbed to “unhealthy” levels.
Saudi Aramco is close to claiming the prized position of the world’s most valuable company from Apple.
Saudi Arabia will push ahead with plans to increase oil production capacity to 13 million barrels per day by 2027.
China will build four new liquefied natural gas (LNG) carriers for Qatar Petroleum, as part of a deal worth 2.8 billion Qatari Riyals ($760 million) that will help bolster the country’s fleet, as its North Field expansion progresses. Significantly, it is the first order placed with a Chinese shipyard for LNG vessels by Qatar Petroleum and underscores the strengthening strategic relationship between the two nations.
Qatar Petroleum has signed a deal with China National Offshore Oil Corporation (CNOOC) for the supply of 3.5 million tonnes per year (t/y) of liquefied natural gas (LNG) over a 15-year term starting January 2022. Significantly, the deal brings Qatari LNG supplies to China under long-term deals to 15.5 million t/y.
ADNOC (Abu Dhabi National Oil Company) has announced that it has raised more than $1.1billion through the IPO of its subsidiary ADNOC Drilling, which was vastly oversubscribed.
Saipem has signed a memorandum of understanding (MoU) with Saudi Aramco, paving the way for a new national champion.
Lebanese politicians have raised concerns over offshore plans by Energean and Halliburton, in a disputed area.
Egypt has agreed to export natural gas to Lebanon, via Jordan and Syria, following a meeting involving the four states’ energy ministers in Amman.
Helmerich & Payne (H&P) will buy into Adnoc Drilling’s upcoming IPO, with the Abu Dhabi company buying eight land rigs from the US company.
Penspen has won a clutch of contracts worth $70 million in the Middle East and Africa, dominated by new agreements with Adnoc.
TotalEnergies has signed a number of major deals in Iraq’s Basra area, to develop local resources and support power generation.
Abu Dhabi National Oil Co. (ADNOC) is planning to sell shares in its drilling unit in what would rank among the largest initial public offerings (IPO) in the United Arab Emirates.
Delek Drilling has signed the sale and purchase agreement with Mubadala Petroleum on the sale of a 22% stake in the Tamar field.
A Pakistani group of companies has won Offshore Block 5, offshore Abu Dhabi, under its second bid round.
Delek Drilling has reported strong gas production results from the Leviathan field, off Israel, spurring it to bring forward the drilling of another production well.
Spain’s Técnicas Reunidas has won a major engineering, procurement and construction (EPC) contract on Qatar Petroleum’s (QP) North Field Expansion (NFE) project.
ADNOC has signed $1billion worth of engineering deals with eight companies including Wood, Flour and Worley, as part of its production boost drive.
Fuel shortages are taking their toll in Lebanon, including on the UK embassy, which is withdrawing some staff.
Kurdistan has issued a notice to Genel Energy that it intends to terminate licences on Bina Bawi and Miran.
ADNOC Group has dished out a $187million contract to boost capacity at the Al Nouf onshore oilfield in the UAE.
Saudi Aramco is in advanced talks for an all-stock deal to acquire a stake in Reliance Industries Ltd.’s oil refining and chemicals business, people with knowledge of the matter said.
The US government has sanctioned an Omani businessman for his participation in oil smuggling for Iran, with the proceeds going to destabilise the region.
Vantage Drilling has won work offshore Qatar for two rigs, Sapphire Driller and Aquamarine Driller, beginning in 2022.