Middle East


QatarEnergy Awards McDermott FEED Contract for the North Field
QatarEnergy Awards McDermott FEED Contract for the North Field Qatar >> 8/10/2022 - McDermott International has been awarded a Front-End Engineering Design (FEED) contract by QatarEnergy for the North Field South (NFS) Offshore Pipelines and Power/FO cables Project. The new contract ...
Masirah Oil Resumes Production at Yumna Field in Block 50 Oman
Oman >> 8/8/2022 - Masirah Oil Limited (“MOL”) would like to provide an update on the Yumna Field.

The flowline has been replaced and production in the Yumna Field resumed on 5 August 2022. The start-up ...
Maha Energy AB enters into a Farmout Agreement with Mafraq Energy LLC for Block 70 in Oman
Oman >> 8/8/2022 - Maha Energy AB (publ) (“Maha” or the “Company”), through its wholly owned subsidiary Maha Energy (Oman) Ltd., has entered into an Agreement with Mafraq Energy LLC for Maha to reduce the Participating ...
Eco Wave Power Commences Real Test of its Wave Energy Project at Jaffa Port
Israel >> 8/4/2022 - Eco Wave Power Global AB (publ) (WAVE) (“Eco Wave Power”) announced that it has officially commenced test runs of its newly installed wave energy pilot project at the Port of Jaffa in Tel Aviv, Israel...
Aramco, SABIC Receive World’s First TÜV Certificate of Accreditation for Hydrogen Products
Saudi Arabia >> 8/4/2022 - The Saudi Arabian Oil Company (“Aramco”) and the SABIC Agri-Nutrients Company (“SABIC AN”), have obtained the world’s first independent certifications recognizing “blue” hydrogen and ammonia productio...
ADNOC Drilling Awarded $3.4B Contracts to Expand Offshore Production Capacity
United Arab Emirates >> 8/4/2022 - Abu Dhabi National Oil Company (ADNOC) announced today two contracts totalling more than $3.4 billion (AED12.6 billion) have been awarded to ADNOC Drilling to hire 8 jack-up offshore rigs. The contrac...
Exporting the First Shipment of Low-sulfur Motor Fuel from Kuwait to Asian Markets
Kuwait >> 8/3/2022 - The Kuwait National Petroleum Company announced today, Wednesday, the export of the first shipment of low-sulfur gasoline (auto fuel) and aromatic compounds, in compliance with the latest internationa...
Kuwait Minister of Oil Dr. Mohammad Abdul Latif Al-Fares Participates in the "OPEC Plus" Meetings
Kuwait >> 8/3/2022 - His excellency the Deputy Prime Minister, Minister of Oil and Minister of State for Council Affairs, Dr. Muhammad Abdul Latif Al-Fares, headed the State of Kuwait participants in the meeting of The 43...
Aramco and Sinopec Sign MoU to Collaborate on Projects in Saudi Arabia
Saudi Arabia >> 8/3/2022 - Saudi Arabian Oil Company (“Aramco”) today signed a Memorandum of Understanding (MoU) with China Petroleum & Chemical Corporation (Sinopec) covering multiple areas of potential collaboration between t...
ShaMaran Completes 2025 Bond Semi-Annual Interest Payment
Iraq >> 8/2/2022 - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) and (Nasdaq First North Growth Market (Sweden): SNM) announces that the July 2022 interest payment on its Bond maturing 20251 was pai...
Genel Energy Announces Unaudited Results for the Period Ended 30 June 2022
Iraq >> 8/2/2022 - Genel Energy has announced its unaudited results for the six months ended 30 June 2022.

Paul Weir, Interim Chief Executive of Genel, said:

'Our cash generation in the first half ...
Maha Energy Awards Drilling Contract to Gulf Drilling
Oman >> 8/2/2022 - Maha Energy AB (publ) is pleased to announce the signing of an Agreement with Gulf Drilling LLC (“Gulf”) a wholly owned subsidiary of MB Petroleum Services Worldwide, in Muscat, Oman for the drilling ...
Haitham Al-Ghais is the First Kuwaiti to be Elected as the Secretary-General of the OPEC
Kuwait >> 8/1/2022 - Kuwaiti Secretary-General of the Organization of Petroleum Exporting Countries (OPEC) Haitham Al-Ghais said that he has aspirations and ideas that he will present in coordination with all member state...
Aramco Agrees to Acquire Valvoline’s Global Products Business
Saudi Arabia >> 8/1/2022 - The Saudi Arabian Oil Company (“Aramco”) today announced the signing of an equity purchase agreement to acquire Valvoline Inc. (NYSE: VVV) global products business (“Valvoline Global Products” or “VGP...
Iraqi PM Lays Foundation Stone for 1.64GW Anbar Combined Power Plant
Iraq >> 7/29/2022 - Iraqi Prime Minister Mustafa Kadimi lays the foundation stone for the 1,640 MW Anbar Combined Cycle Power Plant Project in Al-Furat Street, Anbar Province.

During the groundbreaking ceremon...
Kuwait Ministry of Oil Holds a Meeting with Environmental Experts
Kuwait >> 7/29/2022 - A welcome speech from His Excellency the Assistant Undersecretary of the Ministry of Oil for Technical Affairs Eng. Khaled Walid Al-Din, the Japanese expert, Mr. Nakagawa Koichi, director of the Mitsu...
ADNOC Announces Second Gas Discovery from Offshore Block 2 Exploration Concession in UAE
United Arab Emirates >> 7/29/2022 - Abu Dhabi National Oil Company (ADNOC) announced today a second discovery of natural gas resources in the first exploration well in Abu Dhabi’s Offshore Block 2 Exploration Concession, operated by Eni...
DEWA Enhances its Smart Grid and Distributed Energy Resource Integration
United Arab Emirates >> 7/29/2022 - Dubai Electricity and Water Authority (DEWA) has enhanced integration between different energy resources in its smart grid through its Virtual Power Plant (VPP), the first of its kind in the region. T...
Actis to Acquire Controlling Stake in Dubai's Solar Pslatform Yellow Door Energy
United Arab Emirates >> 7/29/2022 - Actis, a leading global investor in sustainable infrastructure, has announced the signing of definitive transaction documents for the acquisition of a controlling stake in Yellow Door Energy Limited (...
Vitol Bunkers Enters Jebel Ali Bunker Market
United Arab Emirates >> 7/28/2022 - From July 2022 Vitol Bunkers has extended its bunkering services to Jebel Ali (the largest container port in the Middle East) and to Port Rashid Cruise Terminal, Dubai. This represents another step by...
DEWA Customers Praise its Tools & Smart Programmes to Manage Consumption
United Arab Emirates >> 7/28/2022 - Dubai Electricity and Water Authority’s (DEWA) customers praised the smart tools and programmes it provides as part of the Smart Living initiative to help them manage their electricity and water consu...
Aldar Properties to Acquire Four Commercial Towers in Abu Dhabi Global Market from Mubadala
United Arab Emirates >> 7/28/2022 - Aldar Properties PJSC (“Aldar”) has signed an agreement with Mubadala Investment Company to acquire four prime Grade A commercial towers in Abu Dhabi Global Market (ADGM), the international financial ...
TotalEnergies and Veolia to Build the Largest Solar System for a Desalination Plant in Oman
Oman >> 7/27/2022 - TotalEnergies and Veolia have signed an agreement to start the construction of the largest solar photovoltaic (PV) systems providing power for a desalination plant in Oman, in the city of Sur. The pow...
Dow and Al-Hejailan Group to Build JV MDEA Plant in Saudi Arabia
Saudi Arabia >> 7/27/2022 - Dow (NYSE: DOW) and the Al-Hejailan Group signed a Memorandum of Understanding (MoU) to form a joint venture to design, build and operate a methyl diethanolamine (MDEA) plant in the PlasChem Park in J...
ADNOC Drilling Awarded $2B in Contracts for the Hail and Ghasha Gas Development Project
United Arab Emirates >> 7/27/2022 - Abu Dhabi National Oil Company (ADNOC) today announced the award of two substantial contracts totaling $2 billion (AED 7.49 billion) to ADNOC Drilling for the Hail and Ghasha Development Project. The ...
James Fisher and NMDC Group to Collaborate Globally on Marine and Subsea Projects
United Arab Emirates >> 7/27/2022 - James Fisher and Sons plc (James Fisher) and Abu Dhabi’s NMDC Group, a major engineering, procurement and construction company working in the marine construction and oil and gas industries, have signe...
Sustainable Investing Essential to Value Creation, but Barriers Remain
United Arab Emirates >> 7/27/2022 - Sustainable investing is a high priority today and will continue to be in 2030 across the private and public sectors, but it faces various barriers, according to a study conducted by Bloomberg Media. ...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 7/26/2022 - Genel Energy has announced that all payments have now been received from the Kurdistan Regional Government (‘KRG’) relating to oil sales during April 2022.

Following the receipt of the rece...
Iraq Ministry of Oil Deputy: Promising Plans to Develop National Pipeline Network
Iraq >> 7/26/2022 - The Ministry Deputy for Distribution & Refining Affairs, Hamid Yunis, affirmed that the ministry keens to develop and upgrade the national oil pipelines network and infrastructure for the oil se...
Salalah Set to Become One of the Leading Bunkering Hubs in the Region
Oman >> 7/26/2022 - Port of Salalah and FECO of Salalah - Oman, signed an agreement recently to pave the way for Salalah to become one of the leading bunkering hubs in the region.

FECO has already commenced it...
ADNOC Logistics & Services Acquires Zakher Marine International
United Arab Emirates >> 7/26/2022 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics arm of Abu Dhabi National Oil Company (ADNOC), announced today the acquisition of Zakher Marine International (ZMI), an Abu ...
ShaMaran Petroleum Provides Atrush Operations Update
Iraq >> 7/25/2022 - ShaMaran Petroleum Corp. (“ShaMaran” or the “Company”) (TSXV: SNM) (Nasdaq First North Growth Market (Sweden): SNM) announces this Atrush operations update:

Drilling operations have commenc...
Iraq Ministry of Oil Declares Final Statistic of Exported Crude Oil and Revenues in Last June
Iraq >> 7/25/2022 - The Ministry of Oil declared the total exports and revenues of last June, based on the final statistic of Oil Marketing Company (SOMO), where the total crude oil exported quantities was (101) million,...
Iraqi Drilling Company drills oil well in Nassiriya oil field
Iraq >> 7/21/2022 - The technical and engineering staff of Iraqi Drilling Company have completed drilling al-Nassiriya oil well (48) in the Nasiriyah oil field. The Director General of IDC, Eng. Basem Abdul- Kareem Nasse...
Rex Provides Update On Yumna Field
Oman >> 7/21/2022 - Rex International Holding Limited (“Rex International Holding”, “Rex” or the “Company”, and together with its subsidiaries, the “Group”), a technology-driven oil exploration and production company...
Meeting in Basra for Gas investment in Al-Gharraf, Nasiriyah and Artawi.
Iraq >> 7/20/2022 - While chairing extensive meeting in Basra to discuss gas investment in Al-Gharraf, Nasiriyah and Artawi.. Minister Deputy for Upstream Affairs, Kareem Hattab::

- We are continuing to ...
MILAHA Wins EPCI Contract from QatarEnergy Valued at More than QR 1.4B
MILAHA Wins EPCI Contract from QatarEnergy Valued at More than QR 1.4B Qatar >> 7/20/2022 - Milaha, the industry-leading provider of maritime and logistics solutions in Qatar, has announced a significant five-years contract award with an option to extend, for delivering Engineering, Procurem...
ACWA Power, POSCO Holdings Sign Green H2 MoU
Saudi Arabia >> 7/19/2022 - ACWA Power, a leading Saudi developer, investor and operator of power generation, desalinated water and green hydrogen plants worldwide, today announced that it has signed a memorandum of understandin...
Mermaid Projects Award USD 170-265 MILLION
Saudi Arabia >> 7/19/2022 - Mermaid Maritime Public Company (the “Company” together with its subsidiaries, correctly referred to as “MermaidGroup”), a leading International Subsea Service Group of companies, is plea...
Providing Project Management Services for Aramco's Unconventional Gas Projects
Saudi Arabia >> 7/19/2022 - Worley has been awarded two project management service contracts for Aramco’s unconventional gas program in North and South Arabia and Jafurah.

Under the contracts, we will provide front-...
TotalEnergies and ADNOC Expand Strategic Alliance
United Arab Emirates >> 7/19/2022 - On the occasion of the state visit in Paris of His Highness Sheikh, Mohamed bin Zayed Al Nahyan, President of the United Arab Emirates, TotalEnergies and Abu Dhabi National Oil Company (ADNOC) have si...
Technip Energies and NPCC Sign Deal for Energy Transition Venture
United Arab Emirates >> 7/19/2022 - On the sidelines of UAE President His Highness Sheikh Mohammed Bin Zayed Al Nahyan’s visit to Paris, H.H. Sheikh Abdullah bin Zayed Al Nahyan, Minister of Foreign Affairs and International Cooperation...
Gulf Keystone Provides Shaikan Payments Update
Iraq >> 7/15/2022 - The Kurdistan Regional Government ("KRG") has paid Gulf Keystone a gross payment of $48.7 million ($38.1 million net to GKP) for the sale of Shaikan crude oil in April 2022.
Yara, ACME and Scatec Sign Term Sheet for Sale of Green Ammonia from Oman
Oman >> 7/15/2022 - ACME group (“ACME”) a pioneer in cleantech sector such as solar, green hydrogen and ammonia development, Scatec ASA (“Scatec”) a leading renewable power producer and Yara International ASA (“Yara”) a ...
PKN ORLEN Evaluates a Potential Investment in Petrochemicals with Aramco and SABIC
Saudi Arabia >> 7/15/2022 - PKN ORLEN has confirmed it is discussing with Aramco and SABIC the possibility of collaborating in investments in various petrochemical business segments. An existing triparty MoU will be extended to ...
Saipem Signs Agreement with Aramco and Nasser S. Al Hajri Corporation
Saudi Arabia >> 7/14/2022 - Saipem and the Saudi construction company, Nasser S. Al Hajri Corporation ("NSH"), have signed with Aramco an industrial national engineering, procurement, and construction (EPC) champion implementati...
IRENA Scoops Inaugural UN SIDS Partnerships Award
United Arab Emirates >> 7/14/2022 - Recognising its invaluable promotion of sustainable development in Small Island Developing States (SIDS), the International Renewable Energy Agency (IRENA) received the first ever “United Nations (UN)...
Gulf Keystone Petroleum Announces Dividend Payment
Iraq >> 7/13/2022 - At Gulf Keystone's 2022 Annual General Meeting on 24 June 2022 , the Company's shareholders approved a special dividend of $50 million. The payment is equivalent to 23.122 US cents per Common Share of...
Shelf Drilling Closes of Transaction on Deep Drilling 7 Jack up Rig
United Arab Emirates >> 7/13/2022 - Reference is made to the announcement made on June 17, 2022 by Shelf Drilling, Ltd. concerning the acquisition of the Deep Driller 7 jack-up drilling rig from Aban Offshore Limited. The Company is ple...
Renewable Power Remains Cost-Competitive amid Fossil Fuel Crisis
United Arab Emirates >> 7/13/2022 - Costs for renewables continued to fall in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs. The cost of electricity from onshore wind fel...
Tracerco to Deliver its Leading Technology on the Belbazem Offshore Block
United Arab Emirates >> 7/13/2022 - World leading advanced nucleonic instrumentation technology provider - Tracerco, part of Johnson Matthey Plc - has been awarded a contract by a major EPC contractor to the onshore and offshore oil and...
Lamprell Provides Update Regrading Potential Offer
United Arab Emirates >> 7/12/2022 - Further to the announcement made on 24 June, the Board of Lamprell PLC announces that it has received a combined non-binding indicative all cash offer to acquire the entire issued and to be issued sha...
New CEO Appointed for Port of Salalah
Oman >> 7/11/2022 - After successful four years at the helm of the Port of Salalah (Oman), Mark Hardiman has decided to move closer to his family and step down as CEO. He will hand the leadership position on 1st Septembe...
Perro Negro 11 New Jack-Up Becomes Part of Saipem Fleet
Saudi Arabia >> 7/11/2022 - The new Jack-up Perro Negro 11 has just been officially christened and it becomes part of the Saipem off-shore drilling fleet. The ceremony has been held on July the 8th, 2022 in CIMC shipyard in Long...
The Preferred Bidder for the EuroAsia Interconnector was Chosen as Nexans
Israel >> 7/7/2022 - Nexans has been chosen as the preferred bidder for the supply and installation of the HVDC 500kV HVDC Mass Impregnated (MI) Cables for the 1,000MW Cyprus - Greece (Crete) Link, according to an announc...
Maha Energy AB has been Notified that Contracted Drilling Rig has been Withdrawn in Oman
Oman >> 7/7/2022 - Global Business Services ("GBS") has informed Maha Energy AB (publ) that the contracted GBS-1 (formerly OGI-4) drilling rig will no longer be accessible for Maha Energy in Oman. This means that the Ma...
Rex International Provides Oman & Norway Production Update - June 2022
Oman >> 7/7/2022 - Rex International Holding Limited and collectively with its subsidiaries, the "Group," referring to the press release made on July 7, 2022 by its 91.81 percent subsidiary, Masirah Oil Limited, made th...
Fincantieri Delivers OPV Sheraouh to Qatar
Qatar >> 7/7/2022 - The delivery of the second OPV (Offshore Patrol Vessels) "Sheraouh," which the Qatari Ministry of Defence had ordered from Fincantieri as part of the country's naval acquisition programme, took place ...
Maire Tecnimont Awarded $300M Ammonia Synloop EPC Project in the Gcc Region
Saudi Arabia >> 7/7/2022 - The Gulf Cooperation Council region's low-carbon ammonia Synloop facility has been awarded a Lump Sum Turn-Key EPC contract, according to Maire Tecnimont S.p.subsidiary A.'s Tecnimont S.p.A. and siste...
A Quarter of Global Hydrogen Set for Trading by 2050
United Arab Emirates >> 7/7/2022 - To make hydrogen trade cost-effective, the costs of producing and trading green hydrogen must be lower than domestic production to offset higher transport costs. A new report series released by the In...
QatarEnergy Announced Selection of Shell as Partner in the NFE Expansion Project
QatarEnergy Announced Selection of Shell as Partner in the NFE Expansion Project Qatar >> 7/5/2022 - The single largest project in the history of the LNG industry, North Field East (NFE) expansion, has been chosen by QatarEnergy as a partner Shell plc. ...
Aramco Expands Namaat Industrial Investment Programs
Saudi Arabia >> 7/5/2022 - A major expansion of the Namaat industrial investment programmes has been announced by the Saudi Arabian Oil Company (also known as "Aramco" or "the Company"), with 55 agreements and Memorandums of Un...
Shell & AMG and the United Company for Industry Sign Agreement with Aramco
Saudi Arabia >> 7/5/2022 - The Saudi Arabian Oil Company ("Aramco") and Shell & AMG Recycling B.V. ("SARBV"), along with UCI, a partner, have announced the signing of an agreement ("the Agreement") under which SARBV and UCI wil...
Power Transmission System in Dubai is ‘Best in Class’ Worldwide at 100% Availability and Reliability
United Arab Emirates >> 7/5/2022 - Dubai Electricity and Water Authority (DEWA) has been recognised as the "Best in Class" among international utilities since 2018 thanks to its use of cutting-edge smart technologies and creative techn...
Dubai Supreme Council of Energy Discusses Measures for Monitoring Petroleum Product Trading in Dubai
United Arab Emirates >> 7/4/2022 - The 71st meeting, which was held virtually, was presided over by HH Sheikh Ahmed bin Saeed Al Maktoum, Chairman of the Dubai Supreme Council of Energy. Additionally present was HE Saeed Mohammed Al Ta...
Iraq Ministry of Oil Pockets $11.5B in June Oil Revenue
Iraq >> 7/1/2022 - Based on the initial statistics of the Iraqi Oil Marketing Company (SOMO), the Ministry of Oil has reported the total exports and revenues for the month of June. The total quantity of crude oil export...
AD Ports to Acquire Majority Stakes in Egypt’s Transmar and Transcargo International (TCI)
United Arab Emirates >> 7/1/2022 - Transmar International Shipping Company ("Transmar") and Transcargo International S.A.E. ("TCI"), two Egyptian-based shipping companies, are 100% owned by International Associated Cargo Carrier B.V., ...
Final Exported Crude Oil Quantities and Revenues Statistic Released by Oil Ministry in May
Iraq >> 6/30/2022 - Based on the final statistics provided by Oil Marketing Company (SOMO), the Ministry of Oil announced the total exports and revenues for the month of May of last year. The total quantity of crude oil ...
Kuwait Minister of Oil Dr. Mohammad Abdul Latif Al-Fares Participates in the "OPEC Plus" Meetings.
Kuwait >> 6/30/2022 - Dr. Muhammad Abdul Latif Al-Fares, His Excellency the Deputy Prime Minister, Minister of Oil, and Minister of State for Council Affairs, led the State of Kuwait delegation during the video conferenced...
OPEC+ Increases Production to 648,000 barrels per day Next August
Kuwait >> 6/30/2022 - Today, Thursday, the members of the (OPEC +) coalition decided to increase output by 648,000 barrels per day in August. Following the 30th ministerial meeting of the Organization of the Petroleum Expo...
INPEX, IHI, MOL Demonstrate Clean Ammonia Supply Chain Linking UAE and Japan
United Arab Emirates >> 6/30/2022 - IHI Corporation (IHI), Mitsui O.S.K. Lines, Ltd. (MOL), INPEX CORPORATION (INPEX), and IHI Corporation (INPEX) announced they had completed the demonstration of a clean ammonia supply chain between Ja...
Reinforcing Dubai’s Status as a Global Trade Hub, Yiwu Market Opens Doors to the Public
United Arab Emirates >> 6/30/2022 - Today's official opening of Dubai's Yiwu Market, a hybrid shopping complex that will strengthen local and international supply chains, served to highlight the city's position as a major international ...
Shell Completes Sale of Terminal in JAFZA to Tristar
United Arab Emirates >> 6/30/2022 - Tristar Group, an energy logistics company, has purchased the Shell oil products storage facility terminal in Dubai's Jebel Ali Free Zone (JAFZA), according to a statement from Shell Markets (Middle E...
Saipem Awarded Onshore Drilling & Offshore E&C Contracts
Saipem Awarded Onshore Drilling & Offshore E&C Contracts Saudi Arabia >> 6/28/2022 - Several onshore and offshore contracts totaling over $1,250 million USD have been given to Saipem in the Middle East. In the first set of agreements, onshore drilling contracts in the Middle East will...
SAFEEN Feeders Takes Delivery of Dry Bulk Vessels, AL SAAD and ALEENA-1
United Arab Emirates >> 6/28/2022 - SAFEEN Feeders, a unit of AD Ports Group's Maritime Cluster, today announced the acquisition of two Supramax vessels within a month, underscoring the strong demand and expanding market for dry bulk se...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 6/27/2022 - All payments from the Kurdistan Regional Government ('KRG') for oil sales in March 2022 have now been received, according to a statement from Genel Energy plc ('Genel' or 'the Company').

Fo...
KIPCO Obtains CMA Approval to Merge with QPIC
Kuwait >> 6/27/2022 - KIPCO - Kuwait Projects Company (Holding) - has obtained the approval of the Capital Markets Authority (CMA) to merge by amalgamation with Qurain Petrochemical Industries Company (QPIC). The merger is...
Qatar Energy Joins Industry-led Effort to Get Rid of Methane Footprint by 2030
Qatar >> 6/27/2022 - QatarEnergy has joined the industry-led Aiming for Zero Methane Emissions Initiative, which seeks to have operating oil and gas assets emit almost no methane by 2030.

The initiative adopts ...
DNeX to Explore Business Synergy with Saudi Arabia-based Abilitii
Saudi Arabia >> 6/27/2022 - A Memorandum of Understanding ("MoU") has been signed by Dagang NeXchange Berhad ("DNeX") and Ajlan & Bros Holding Group ("Abilitii") of Saudi Arabia to examine potential commercial synergies.

...
ADNOC and the Emirati Talent Competitiveness Council Establish a Strategic Cooperation Agreement
United Arab Emirates >> 6/27/2022 - In order to speed up the hiring of UAE talent in the private sector and to increase the number of jobs available for UAE citizens in its supply chain by 3,000 by the year 2025, Abu Dhabi National Oil ...
Iraq and Honeywell Discuss Training, Refining and Infrastructure Projects
Iraq >> 6/26/2022 - Ihsan Abdul Jabbar Ismail, the oil minister, has met Jim Moshi, the regional general manager of Honeywell UOP in the Middle East. During the discussion, they discussed methods to improve collaboration...
Iraq Oil Minister Receives Ambassador of Turkey
Iraq >> 6/26/2022 - Ihsan Abdul-Jabbar Ismail, the oil minister, welcomed Ali Riza Güney, the Turkish ambassador to Baghdad. They talked on how to work together bilaterally to further shared interests, particularly in th...
Iraq Ministry of Oil Holds Regular Leadership Operations Meeting to Follow-up Fuel Processing
Iraq >> 6/26/2022 - Ministry Deputy for Distribution and Refining Affairs, Dr. Hamid Younis, confirms:

-Securing all the needed gasoline quantities for vehicles in the supplying outlets.

- Achieving m...
Dubai’s Yiwu Market to Offer a New Experience for Traders and Shoppers
United Arab Emirates >> 6/26/2022 - The brand-new Yiwu Market in Dubai is scheduled to debut on June 28. It will serve the wholesale and retail sectors as the first smart free zone market in the Middle East.

Yiwu Market is th...
Gulf Keystone Announces 2022 AGM & Operational & Corporate Update
Iraq >> 6/24/2022 - Gulf Keystone, a prominent independent operator and producer in the Kurdistan Region of Iraq, delivers an operational and corporate update ahead of today's 2022 Annual General Meeting ("AGM").

...
Lamprell Receives Cash from Blofeld Investment
United Arab Emirates >> 6/24/2022 - The Board of Lamprell PLC announces that it received a non-binding indicative cash offer from Blofeld Investment Management ("Blofeld"), a 25.06 per cent shareholder in Lamprell, regarding a possible ...
Shelf Drilling Announces Share Capital Increase
United Arab Emirates >> 6/24/2022 - Reference is made to the stock exchange announcement by Shelf Drilling, Ltd. on 23 June 2022 announcing the successful completion of a private placement of 38,400,000 new common shares in the Company ...
Lamprell Provides Trading, Funding & Liquidity Update
United Arab Emirates >> 6/24/2022 - Lamprell is providing an update on developments within the business, including an update on the various financing and strategic options, the Group's near term liquidity position and current trading. W...
Production and Drilling Campaign in Block 50 Oman
Oman >> 6/23/2022 - Technology-driven oil exploration and production business Rex International Holding Limited ("Rex International Holding," "Rex," or the "Company," and collectively with its subsidiaries, the "Group," ...
Hyport Duqm Signs Land Deal For Green Hydrogen Project
Oman >> 6/23/2022 - The Public Authority for Special Economic Zones and Free Zones (OPAZ) in Duqm, Oman, has signed a second land reservation agreement for a green hydrogen and ammonia production facility with the HYPORT...
ABS and Texas A&M Qatar Agree on Landmark Carbon Capture Joint Study
Qatar >> 6/23/2022 - ABS and Texas A&M University in Qatar will work together to conduct a significant study on carbon capture and the global supply chain (TAMUQ).

The project will research the potential of car...
Shelf Drilling Successfully Placed Private Placement
United Arab Emirates >> 6/23/2022 - Reference is made to the stock exchange announcement made by Shelf Drilling, Ltd. (“Shelf Drilling”) earlier today regarding the acquisition of five North Sea capable jack-up rigs (the “Acquisition”) ...
Reorganising the Power System for a Renewable-based Future
United Arab Emirates >> 6/23/2022 - By 2030, 60 percent of the globally installed electricity could come from wind and solar. This is why the International Renewable Energy Agency (IRENA)’s World Energy Transitions Outlook published ear...
Ewec and Acwa Power Start Operations at Major Water Desalination Plant in Abu Dhabi
United Arab Emirates >> 6/23/2022 - The first phase of the Al Taweelah Independent Water Plant (IWP) has begun operating, producing 454.6 thousand cubic metres of desalinated water per day, or 50% of the plant's capacity, according to A...
Gulf Keystone Provides Shaikan Payments Update
Iraq >> 6/22/2022 - The Kurdistan Regional Government ("KRG") has paid Gulf Keystone a gross payment of $62.0 million ($48.5 million net to GKP) for the sale of Shaikan crude oil in March 2022.
Seadrill Announces Contract Extensions for AOD I, AOD III and West Callisto Totalling $361M
Saudi Arabia >> 6/22/2022 - The contract extensions for the AOD I, AOD III, and West Callisto for work offshore in the Arabian Gulf have been awarded to Seadrill Limited ("Seadrill" or "the Company") (XOAS: SDRL.

The ...
TUBACEX Secures its Largest Ever Award worth in Excess of 30,000 tons with ADNOC
United Arab Emirates >> 6/22/2022 - TUBACEX wins its largest-ever contract with Abu Dhabi National Oil Company (ADNOC) for the provision of all-inclusive solutions for gas extraction in the Middle East, valued at more than 30,000 tonnes...
Challenger Management Partners with DP World to Finance Trade in Emerging Markets
United Arab Emirates >> 6/22/2022 - Customers will now be able to access working capital options from the global trade finance fund thanks to a partnership between CARGOES Finance By DP World and Challenger Management Limited, according...
Crown Prince of Bahrain Meets CEO of ENI
Bahrain >> 6/21/2022 - The meeting between Eni CEO Claudio Descalzi and His Royal Highness Prince Salman bin Hamad Al Khalifa, the Prime Minister of Bahrain, was held today to discuss the development of Eni's activities in ...
ExxonMobil and QatarEnergy to Expand LNG Production with North Field East Agreement
Qatar >> 6/21/2022 - ExxonMobil and QatarEnergy today disclosed that they had signed a contract to advance the North Field East project in Qatar, which will increase the country's annual LNG output from 77 million tonnes ...

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