Energean has closed its acquisition of Edison Exploration & Production from Edison for a total of $203 million.
Saudi Arabian authorities have closed the Port of Jeddah following an explosion at the main tanker anchorage.
Well management and performance improvement specialist Exceed, of Aberdeen, has reported a “positive outcome” in 2020, despite the challenges faced during the past nine months.
The direction of travel appears clear; around a quarter of the current offshore floater rig fleet - ships and semi-submersibles - will be sent to the scrapyard near-term.
Occidental Petroleum has won the exploration rights to Abu Dhabi Onshore Block 5, Adnoc has reported.
Kuwait’s Clean Fuels Project has started up the country's largest crude distillation unit (CDU) 111, at the Mina Abdullah refinery.
Adnoc has launched its second trading arm, focusing on refined products.
Aramco and Baker Hughes have begun construction on a non-metallic joint venture, at the King Salman Energy Park (SPARK).
Private-equity backed Motive Offshore Group has snapped up fellow north-east energy service firm Flowline Specialists for an undisclosed sum.
Saudi Aramco sees a recovery for oil demand in the second half of 2021 and, in the longer term, hydrocarbons will continue to compete with energy transition options.
Oilfield services firm Wellpro has said it will create 10 new jobs with its entry into Saudi Arabia.
Saudi Aramco has signed new international technology deals, with local content playing a major role.
Scottish oil and gas drilling giant KCA Deutag is changing hands as part of a financial restructuring to slash debt.
Frontier Energy Network will host its North Africa & Mediterranean E&P Summit on January 28, 2021.
BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
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.