Middle East


HYPORT® Duqm Signs Agreement with Uniper to Explore Green Ammonia Offtake
Oman >> 7/19/2021 - Oman’s strategic green hydrogen project HYPORT® Duqm has signed a cooperation agreement with energy giant Uniper. Under the cooperation, Uniper will be joining the project team to provide engineering ...
Halliburton Awarded Production Chemicals and Associated Services Contract in Oman
Oman >> 7/14/2021 - Halliburton Company won a contract to provide Production Chemicals and Associated Services for a large IOC in Oman. Under the seven-year contract, Halliburton will supply a full suite of customized pr...
Saudi Aramco Technologies and AccessESP Announce Commercialization Agreement
Saudi Arabia >> 7/14/2021 - Saudi Aramco Technologies Company and AccessESP have signed a worldwide commercialization agreement of the JumpStart™ flowback and well cleanup service. The JumpStart service utilizes a temporarily de...
ADNOC Invests $750M in New Deals with Schlumberger and Halliburton
United Arab Emirates >> 7/14/2021 - The Abu Dhabi National Oil Company (ADNOC) has announced, an investment of $763.7 million (AED2.8 billion) in integrated rigless services across six of its artificial islands in the Upper Zakum and Sa...
Subsea 7 Awarded Contract in the Middle East
United Arab Emirates >> 7/14/2021 - Subsea 7 has announced the award of a sizeable(1) contract in the Middle East.

The scope of work includes engineering, procurement, construction, and installation of various subsea pipeline...
Handover of MAB1 Facilities at Kuwait’s Clean Fuels Project
Kuwait >> 7/13/2021 - Petrofac's team delivering the Clean Fuels Project in Kuwait has achieved the Provisional Turnover of Facilities (PTOF) for Kuwait National Petroleum Company’s (KNPC) Mina Abdullah Refinery Package 3 ...
ShaMaran Acquires TotalEnergies Interest in the Sarsang PSC in Kurdistan
Iraq >> 7/12/2021 - ShaMaran Petroleum has signed an agreement with a subsidiary of TotalEnergies to acquire its affiliate (TEPKRI Sarsang) holding an 18% non-operated participating interest in the Sarsang Production Sha...
GE and Marafiq Sign Deal to Build New Power Plant at SEZAD
Oman >> 7/12/2021 - GE Gas Power has signed an agreement to build, own and operate a power plant equipped with mobile TM2500 aeroderivative gas turbines for the Centralized Utilities Company (“Marafiq”) in Oman. Rural Ar...
Brooge Energy Signs Agreement with Oil Trader
United Arab Emirates >> 7/9/2021 - Brooge Energy Ltd., a midstream oil storage and service provider strategically located outside the Strait of Hormuz, adjacent to the Port of Fujairah in the United Arab Emirates (the “UAE”), has annou...
Lamprell Announces Notice of AGM 2021
United Arab Emirates >> 7/9/2021 - Following Lamprell's announcements of its 2020 financial results and the 2020 Annual Report and Accounts on 29 June 2021, the Company today announces that the 2021 Notice of Annual General Meeting ("A...
ADNOC and Three Japanese Companies to Explore Hydrogen and Blue Ammonia Opportunities
United Arab Emirates >> 7/8/2021 - The Abu Dhabi National Oil Company (ADNOC) announced, a joint study agreement (JSA) with two Japanese companies – INPEX Corporation (INPEX), JERA Co., Inc. (JERA), and a government agency, the Japan O...
Valaris Announces Jackup Contract Award
Saudi Arabia >> 7/7/2021 - Valaris Limited has been awarded a 183-day extension to its contract with Aramco for VALARIS JU-140, a standard-duty modern jackup. The extension is in direct continuation of the existing contract and...
TAQA and Abu Dhabi Ports Planning 2 GW Green Hydrogen to Ammonia Project
United Arab Emirates >> 7/7/2021 - Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities in the region, and Abu Dhabi Ports, announced they are discussing the development of an industrial scale g...
ZIM & Seaspan Announce Chartering Agreement for Ten LNG-Fueled Vessels
Israel >> 7/6/2021 - ZIM Integrated Shipping Services Ltd. ("ZIM"), and Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp. ("Atlas") (ATCO), announced a new strategic agreement for the long-term charter, with m...
Ali Shehab Joining Maritime as New Global Director of Special Projects and Services in ME
United Arab Emirates >> 7/5/2021 - Collaboration is one effective solution to overcome the current challenges of our time, not only in the Maritime industry. To enable a better collaboration with all industry stakeholders, DNV, the wor...
Qatar Petroleum Raises $12.5B via a Multi-tranche Bond Offering
Qatar >> 7/1/2021 - Qatar Petroleum has raised 12.5 billion U.S. dollars in a multi-tranche bond offering, marking a significant achievement for an oil and gas company in the international financial and capital markets. ...
DP World Acquires Leading US-based Supply Chain Solutions Provider
United Arab Emirates >> 7/1/2021 - DP World announces the acquisition of 100 per cent of syncreon for an enterprise value of US$1.2 billion. This transaction is subject to customary completion conditions and is expected to close in 2H2...
BP Increases Production at Oman’s Block 61
Oman >> 6/30/2021 - bp, in partnership with OQ, PTT Exploration and Production Public Company Limited (PTTEP), PETRONAS and the Ministry of Energy & Minerals, has announced that it has significantly increased product...
Gulf Marine Services Announces Three New Contract Awards
Qatar >> 6/30/2021 - GMS, a leading provider of advanced self-propelled, self-elevating support vessels serving the offshore oil, gas and renewables industries, has announced the award of three new contracts, with a combi...
Maersk SA and King Abdullah Port to Establish Maersk’s First Petrochemical Hub in the Kingdom
Saudi Arabia >> 6/30/2021 - Maersk Saudi Arabia, an integrator of container logistics, has entered into a strategic partnership with King Abdullah Port, the region’s first privately owned, developed and operated port, to enhance...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 6/29/2021 - Genel Energy plc has announced that payments have been received from the Kurdistan Regional Government ('KRG') relating to oil sales during April 2021.

Genel has also received both outstand...
Valaris Limited Announces Jackup Contract Award
Saudi Arabia >> 6/29/2021 - Valaris Limited has been awarded a 200-day extension to its bareboat charter agreement with ARO Drilling for VALARIS JU-250 (Bob Palmer), a heavy-duty ultra-harsh environment jackup. The extension is ...
STC and Huawei Sign MoU to Advance Sustainable Development and Green Initiatives in KSA
Saudi Arabia >> 6/29/2021 - STC and its strategic partner Huawei have signed a Memorandum of Understanding (MoU) to co-operate towards sustainable development, green initiatives, and social development, while creating a better-c...
ADNOC, Reliance Sign Partnership for Chemical Projects at TA'ZIZ in Ruwais
United Arab Emirates >> 6/29/2021 - Abu Dhabi National Oil Company (ADNOC) has announced that Reliance Industries Limited (Reliance), has signed an agreement to join a new world-scale chlor-alkali, ethylene dichloride and polyvinyl chlo...
LR to Focus Growth on Maritime Industry with Expanded Role & Service Offering
United Arab Emirates >> 6/29/2021 - Lloyd’s Register (“LR”), a global provider of professional services specialising in engineering and technology solutions, has announced the sale of 100% of its Business Assurance & Inspection Services...
Lamprell plc Announces 2020 Financial Results
United Arab Emirates >> 6/29/2021 - Strengthening of the balance sheet planned

Strategic progress despite pandemic headwinds across the energy industry

Improved performance, growing backlog and bid pipeline

...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 6/28/2021 - Gulf Keystone confirms that a gross payment of $35.1 million ( $27.4 million net to GKP) has been received from the Kurdistan Regional Government ("KRG").

The payment includes gross $2...
Energean Signed Rig Contract with Stena for Drilling Campaign in Israel
Israel >> 6/28/2021 - Energean plc (ENOG) is pleased to announce that its 100% subsidiary, Energean Israel Limited, has signed a contract with Stena Drilling Limited ("Stena") for its 2022 - 2023 growth drilling programme ...
Polarcus Appoints Joint Official Liquidators
United Arab Emirates >> 6/25/2021 - Polarcus Limited (in official liquidation) (“Polarcus”) (PLCS) refers to the announcements made on 9 February 2021 (Polarcus: Appointment of Joint Provisional Liquidators), , 14 April 2021 (Polarcus c...
QP Receives Offers for Double the Equity Available in the North Field East Project (NFE)
Qatar >> 6/23/2021 - His Excellency Mr. Saad Sherida Al-Kaabi, Minister of State for Energy Affairs, The President and CEO of Qatar Petroleum, said Qatar Petroleum has received offers for double the equity available to po...
Valaris Announces Jackup Contract Award
Qatar >> 6/22/2021 - Valaris Limited has been awarded a three-year contract with North Oil Company offshore Qatar for VALARIS JU-110, a heavy-duty modern jackup. The contract is anticipated to begin in the fourth quarter ...
Fertiglobe Joins TA’ZIZ as Partner in Blue Ammonia Project in Ruwais
United Arab Emirates >> 6/22/2021 - TA’ZIZ and Fertiglobe have signed an agreement for Fertiglobe to join the world-scale blue ammonia production project at TA’ZIZ in Ruwais, Abu Dhabi. The agreement further strengthens the UAE’s hydrog...
Use Of Remote Inspection Technology Gains Momentum
United Arab Emirates >> 6/22/2021 - Adoption of Severn Oculi, our connected system for the remote inspection of valves, is going from strength to strength. As well as assessing valve condition in the field, the digital system can be use...
Simon Cartwright Joins Mott MacDonald’s Transport Planning Team, Dubai
United Arab Emirates >> 6/21/2021 - Simon Cartwright has joined Mott MacDonald’s transport planning team in Dubai where he will focus on projects across the Middle East.

Simon has 20 years’ experience in mobility and transpor...
Aramco Closes $12.4B Infrastructure Deal with Global Investor Consortium
Saudi Arabia >> 6/18/2021 - Aramco and an international investor consortium, including EIG and Mubadala, announced the successful closing of the share sale and purchase agreement, in which the consortium has acquired a 49% stake...
Wärtsilä Signs Multiple Vessel Support Agreement with Nakilat
Qatar >> 6/17/2021 - The technology group Wärtsilä has signed Support Agreements for LNG carriers owned by Qatar-based Nakilat, owner of the world’s largest LNG carrier fleet. The agreements were signed in April this year...
Aramco Raises $6B through the World’s Largest US-dollar Corporate Sukuk
Saudi Arabia >> 6/17/2021 - The Saudi Arabian Oil Company has successfully raised $6 billion, following the sale of US dollar-denominated Shariah-compliant securities to leading institutional investors.

The issuance ...
Crescent Petroleum Wins SAP MENA Quality Award
United Arab Emirates >> 6/17/2021 - Crescent Petroleum, the Middle East’s first and largest privately held oil and gas company, has won the SAP MENA Quality Award for its digital transformation across its operations in the UAE, Iraq, an...
Kuwait Oil Company Selects Halliburton for Digital Transformation Projects
Kuwait >> 6/16/2021 - Halliburton Company has received a contract from Kuwait Oil Company (KOC), a world leader in digital transformation, to expand KOC’s digital transformation journey by implementing solutions to maximiz...
Tethys Oil Announces Production Update May 2021
Oman >> 6/16/2021 - Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in May 2021 to 346,890 barrels of oil, corresponding to 11,190 barrels of oil per d...
North Oil Company Awards JDC Jack-Up Rig for Al-Shaheen Operations
Qatar >> 6/16/2021 - Japan Drilling Co., Ltd. (JDC) has announced that its subsidiary Japan Drilling (Netherlands) B.V. has entered into a drilling contract with North Oil Company for the provision of jack-up drilling rig...
Nikkiso Cryogenic Announces Asas Aljood (Saudi Arabia) to Become the Authorized Service Provider
Saudi Arabia >> 6/16/2021 - Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (“Group”), a subsidiary of Nikkiso Co., Ltd (Japan), have signed an agreement for Asas Aljood to become the Authorized Service Provi...
ACWA Power's Maiden 7-year Sukuk Issuance Achieves Lowest Pricing Amidst 1.8x Oversubscription
Saudi Arabia >> 6/15/2021 - ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants in 13 high-growth markets, has successfully raised SAR 2.8 billion, through a senior, unse...
Saipem Awarded New Contract by ADNOC for Shah Gas Plant
Saipem Awarded New Contract by ADNOC for Shah Gas Plant United Arab Emirates >> 6/15/2021 - Saipem has received a Letter of Award from ADNOC Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), for a new contract related to the Optimum Shah Gas Expansion (OSGE) & Gas Gatheri...
AqualisBraemar LOC Appoints UAE Country Manager
United Arab Emirates >> 6/15/2021 - Energy and marine consultancy group AqualisBraemar LOC has appointed David Duffy as its new country manager for the United Arab Emirates (UAE).

In UAE, AqualisBraemar LOC has offices in Abu...
Proserv Buys Dron & Dickson Abu Dhabi Business
United Arab Emirates >> 6/15/2021 - Leading controls technology company Proserv Controls has announced the acquisition of the trade and assets of Dron & Dickson Electromechanical Contracting (DDEC) LLC, the Middle Eastern business of Dr...
Gulf Keystone Announces Operational and Corporate Update
Iraq >> 6/11/2021 - Gulf Keystone, a leading independent operator and producer in the Kurdistan Region of Iraq, has provided an operational and corporate update.

Jon Harris, Gulf Keystone's Chief Executive Off...
Proserv’s New Leader for Saudi Eyes Big Success in Kingdom
Saudi Arabia >> 6/9/2021 - “…we have something really fantastic to offer, as we have the service and maintenance, the new build and the rental equipment, plus the manpower on hand locally to support.”
Chris Chambers – Ge...
ShaMaran Announces 45MMBbls Milestone Achieved
Iraq >> 6/4/2021 - ShaMaran has announced that the Atrush block, Kurdistan Region of Iraq, has surpassed the cumulative oil production milestone of 45 million barrels since its first oil in July 2017.

In addi...
Saudi Aramco Energy Ventures Invests in Energy Vault
Saudi Arabia >> 6/2/2021 - Energy Vault, the creator of renewable energy storage products that are transforming the world’s approach to utility-scale energy storage for grid resiliency, today announced new investment from Saudi...
Baker Hughes Delivers Largest Remote Operations Solution to Support Aramco’s Digital Transformation
Saudi Arabia >> 6/1/2021 - Baker Hughes has deployed its industry-leading remote operations digital technology across Aramco’s drilling operations, encompassing 200+ sites, the largest deployment of its kind in Baker Hughes’ hi...
AVEVA Extends Collaboration with IMI to Accelerate Maritime Digital Transformation
Saudi Arabia >> 6/1/2021 - AVEVA, a global leader in industrial software, driving digital transformation and sustainability, and International Maritime Industries (IMI), has announced that they have extended their existing lon...
ACWA Power Signs MoU with Neutral Fuels to Supply Red Sea Project
Saudi Arabia >> 6/1/2021 - ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biof...
ADNOC and TAQA to Develop World Class Utilities at TA'ZIZ in Ruwais
United Arab Emirates >> 6/1/2021 - Abu Dhabi National Oil Company (ADNOC) and Abu Dhabi National Energy Company PJSC (TAQA) have signed an agreement to construct the utilities facility for TA’ZIZ, the new world-scale chemicals product...
Mammoet Launches Two Floating Drydocks via Float-off Operation in SA
Saudi Arabia >> 5/31/2021 - Built at Zamil Shipyard in the port of Dammam, two floating drydocks, intended for maintenance and repair works of naval crafts in Saudi Arabia, are being commissioned by Constructions Mécaniques de N...
TAQA Group Launches Talent Development Program for Emirati Graduates
United Arab Emirates >> 5/31/2021 - Abu Dhabi National Energy Company PJSC (TAQA), one of the largest listed integrated utilities in the region, has launched ETLAQ, a new platform for its professional training program.

ETLAQ ...
AF and Heerema Team up for Brae Bravo Removal Campaign
United Arab Emirates >> 5/28/2021 - Heerema and AF Offshore Decom have commenced one of the largest topside removal projects of its kind in the North Sea on behalf of client Abu Dhabi National Energy Company PJSC (TAQA), one of the larg...
Technip Awards PEMS Services Contract by KIPIC
Kuwait >> 5/27/2021 - Technip Energies through its wholly owned subsidiary in the UK (Technip E&C Limited) has been awarded a significant(1) contract for Project Engineering and Management Services (PEMS) by Kuwait Integra...
Introduction of Sweet Hydrocarbons at Oman Yibal Khuff Project
Oman >> 5/27/2021 - Petrofac's team delivering the massive Yibal Khuff Project for Petroleum Development Oman (PDO) has safely achieved an important milestone with the introduction of sweet hydrocarbons to the Central Pr...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 5/26/2021 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government ('KRG') for its entitlement for oil sales during March 2021.

As announced on 13 May, Genel...
KOC's Marine Oil Spill Management Team Conducts Exercise
Kuwait >> 5/26/2021 - The Marine Oil Spill Management Team recently organized an exercise to prepare the Company’s response efforts to effectively combat Tier-I level oil spills.

The exercise, which was conducte...
ADNOC Raises $1.64B with Successful Share, Bond Offering
United Arab Emirates >> 5/26/2021 - Abu Dhabi National Oil Company (“ADNOC”), announced the successful closing of its offering of approximately 375 million shares in ADNOC Distribution (the “Share Offering”), representing approximately ...
Wood Supports Delivery of World-scale Blue Ammonia Production Facility
United Arab Emirates >> 5/26/2021 - ADNOC recently announced its plans to advance a world-scale blue ammonia production facility in Ruwais, Abu Dhabi, in the United Arab Emirates (UAE), to drive the development of hydrogen production. T...
mtu Virtual Marine Provides Impulses for Climate Friendly Transformation of Shipping
United Arab Emirates >> 5/26/2021 - • More than 2000 participants from 84 countries at virtual conference for the shipping industry
• Experts present and discuss paths to climate-neutral shipping

Shipping must become mor...
ADNOC Enables UAE Industry through Natural Gas Supply
United Arab Emirates >> 5/26/2021 - The Abu Dhabi National Oil Company (ADNOC) has signed long-term gas sales agreements with two of the United Arab Emirates’ (UAE) leading industrial companies: Emirates Steel (ES), the largest integrat...
ADNOC Awards $744M Contract for Full Field Development of Belbazem Block
United Arab Emirates >> 5/25/2021 - The Abu Dhabi National Oil Company (ADNOC) announced, the award of a $744 million (AED2.73 billion) contract for the full field development of the Belbazem Offshore Block, underscoring its drive to un...
AED3.67 bn ‘Helios Industry’ Plant to Export Green Ammonia from Abu Dhabi
United Arab Emirates >> 5/25/2021 - Khalifa Industrial Zone Abu Dhabi (KIZAD), a subsidiary of Abu Dhabi Ports, has announced the formation of a green ammonia production facility, targeting regional and international markets.

...
Energean Announces Operational Update
Israel >> 5/24/2021 - Energean plc (ENOG) is pleased to provide an update on recent operations and the Group's trading performance in the 3-months to 31 March 2021.
Industry Leading Lifting Training Centre to be a First in Qatar
Qatar >> 5/24/2021 - RelyOn Nutec and Sparrows Group launch the first of their global centres of excellence for crane and lifting operations training.

The Qatar centre will be the first in a series of significa...
Qatalum Signs Agreement with GE to Generate More Sustainable & Secure Power
Qatar >> 5/24/2021 - Qatalum signed an agreement with GE to provide five Advanced Gas Path (AGP) upgrade units, maintenance services for a period of 15 years for equipment at its 1,080 megawatts (MW) power plant, and a su...
ADNOC to Build World-Scale Blue Ammonia Project
United Arab Emirates >> 5/24/2021 - Abu Dhabi National Oil Company (ADNOC) has announced that it will advance a world-scale “blue” ammonia production facility in Ruwais, Abu Dhabi, in the United Arab Emirates (UAE). ADNOC is an early pi...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 5/20/2021 - Gulf Keystone confirms that a gross payment of $28.1 million ($22.0 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during March 2021.<...
Siemens Energy and Partners Inaugurate Green Hydrogen Project in Dubai
United Arab Emirates >> 5/19/2021 - Siemens Energy, in collaboration with Dubai Electricity and Water Authority (DEWA) and Expo 2020 Dubai, has inaugurated the first industrial scale, solar-driven green hydrogen facility in the Middle E...
PDO Services Company Officially Launched
Oman >> 5/18/2021 - Petroleum Development Oman’s (PDO) has announced the official launch of PDO Services (PDO-S) Limited Liability Company (LLC), a PDO subsidiary, to enable the commercialisation of the Company’s experti...
Oman Plans to Build Eorld's Largest Green Hydrogen Plant
Oman >> 5/18/2021 - An international consortium comprised of OQ, which is the Sultanate of Oman’s global integrated energy company, InterContinental Energy, the leading dedicated green fuels developer, and EnerTech, a Ku...
ADNOC Invests $318M to Connect Smart Wells at Bu Hasa
United Arab Emirates >> 5/18/2021 - The Abu Dhabi National Oil Company (ADNOC), has announced , an investment of up to $318 million (AED1.16 billion) to connect newly drilled smart wells to the main production facilities at Bu Hasa, whi...
Tethys Oil Provides Oman Production Update
Oman >> 5/17/2021 - Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in April 2021 to 307,009 barrels of oil, corresponding to 10,234 barrels of oil per...
Saipem Awards Three New Contracts in Onshore Drilling
Saudi Arabia >> 5/17/2021 - Saipem has been awarded the extension of two important contracts for onshore drilling activities in Saudi Arabia for a duration of 5 and 10 years, respectively, and a new contract in Colombia for a du...
Seaplace Receives LR Approval in Principle for Ballast Control System
United Arab Emirates >> 5/17/2021 - Ballast control system designed to improve the stability of floating offshore wind platforms.

LR has granted Seaplace Approval in Principle for its active ballast control system, designed ...
Update to Release Date of the 2020 Financial Results
United Arab Emirates >> 5/13/2021 - As disclosed in the announcement of 14 January 2021, following the strategic reorganisation of the Group the Board has been exploring how best to finance the three business units given their different...
Shelf Drilling Reports First Quarter 2021 Results
United Arab Emirates >> 5/11/2021 - Shelf Drilling, Ltd. (“Shelf Drilling”, OSE: SHLF) announces results for the first quarter of 2021 ending March 31. The results highlights will be presented by audio conference call on May 11, 2021 a...
OQ LPG Facility Commissioned in Salalah
Oman >> 5/10/2021 - The Liquefied Petroleum Gas (LPG) project for OQ has been commissioned in Salalah, Southern Oman.

Petrofac was awarded the engineering, procurement and construction (EPC) contract for the g...
DNO Returns to Profitability, Ups Tawke License Production Guidance
Iraq >> 5/6/2021 - DNO ASA, the Norwegian oil and gas operator, has reported operating profit of USD 66 million in the first quarter of 2021, following four quarters of losses triggered by market perturbations from the ...
Shelf Drilling Secures 10-year Contract Extension on the High Island IX
United Arab Emirates >> 5/6/2021 - Shelf Drilling, Ltd. has secured a ten-year contract extension for the High Island IX jack-up rig in direct continuation of its current contract in the Arabian Gulf. The contract dayrate allows for...
LR Innovates Lifecycle Approach in Oil & Gas Subsurface Software
United Arab Emirates >> 5/5/2021 - The new modules and updates to Lloyd’s Register’s subsurface software packages – IC and IP – will help oil and gas operators adapt to an ever-changing world.

Lloyd's Register is today laun...
PGNiG Prepares to Drill its First Well in UAE
United Arab Emirates >> 5/5/2021 - PGNiG starts the second stage of exploration works in Ras Al Khaimah Emirate. The company is at the stage of making design and location arrangements for the first exploration well, which will provide ...
Board of Directors Stands Down
United Arab Emirates >> 5/4/2021 - Polarcus Limited refers to the appointment of the joint provisional liquidators to the Company (see: press release dated 9 February 2021), the appointment of each Director of the Company for a one yea...
Liquified Petroleum Gas Facility in Dhofar Commissioned
Oman >> 5/3/2021 - OQ has announced the commissioning of one of Oman’s vital energy extraction projects, the OQ Liquified Petroleum Gas (OQ LPG) facility. Built with a total investment of USD 826 million, OQ LPG is firs...
Heavy Lifting and Transport Solutions for Aramco’s Gas Storage Project
Saudi Arabia >> 5/3/2021 - The Aramco Hawiyah Unayzah Gas Reservoir Storage (HUGRS) project is located 260km east of Saudi Arabia's capital Riyadh. The plant comprises a gas injection facility with a capacity of 1,500 million s...
Polarcus Completes Restructuring
United Arab Emirates >> 4/30/2021 - Polarcus Limited refers to the notice of a Bondholders’ Written Resolution dated 31 March 2021 in relation to the abovementioned bond issue (the “Bondholder Summons”) and to the announcement on 27 Apr...
Israeli Diving Contractor Embraces the Future of Digitalisation
Israel >> 4/29/2021 - Namaka Subsea and Namaka Compliance sign a contract with an Israeli diving contractor to provide digital solutions for their diving equipment and personnel competence management. ...
Successful Start-up of Two Large-scale 508XT Systems in SA
Saudi Arabia >> 4/28/2021 - Sercel is pleased to announce the successful simultaneous start-up of two large-scale 508XT land seismic acquisition systems on two separate 3D mega-crew surveys in Saudi Arabia!

In total, ...
Lamprell Awarded Saudi Aramco EPCI Contract
Saudi Arabia >> 4/28/2021 - Lamprell, international service provider to the energy industry, has been awarded an Engineering, Procurement, Construction and Installation (EPCI) contract* by Saudi Aramco as part of their Long-Te...
LR and Falkonry Partner to Enhance Decision Making
United Arab Emirates >> 4/28/2021 - Lloyd’s Register and Falkonry partner to incorporate Operational AI Digital Twins into Asset Performance and Risk Management solution.

Lloyd's Register has partnered with the innovation le...
i4 Insight Integrates Optimal Bunker Planning Data through BunkerEx
United Arab Emirates >> 4/28/2021 - New alliance will provide shipowners and operators with real-time price, location and availability data to reveal cost-effective bunker options.

i4 Insight, creators of a platform that prov...
Delek Drilling Announces the Sale of Its Interest in Tamar
Israel >> 4/26/2021 - The Partnership hereby reports that on 26 April 2021, it entered into a non-binding memorandum of understanding (the “MOU”) with investors led by Mubadala Petroleum (the “Purchasers”) regarding a sale...
LR Launches New Guidance Notes for Polymer Additive Manufacturing
United Arab Emirates >> 4/22/2021 - Global, independent certification expert Lloyd’s Register (LR) has published new guidance for additive manufacturers seeking to certify the quality and safety of polymer-based solutions.

Ad...
Funding Identified as Key Challenge in Decarbonizing Shipping
United Arab Emirates >> 4/20/2021 - At a recent Watson Farley & Williams webinar, speakers from DNB Bank, Shell, LR and MSC highlighted funding as a major challenge for shipping's decarbonization.

“The targets are extremely a...
Energean Announces 2020 Full Year Results
Israel >> 4/19/2021 -  Energean plc (ENOG) is pleased to announce its audited full-year results for the year ended 31 December 2020 ("FY 2020"). ...
Welltec Signs Significant Contract with Saudi Aramco
Saudi Arabia >> 4/19/2021 - Welltec has announced the agreement of a Long-Form Contract (LFC) with Saudi Aramco. Following an extensive approval process, the deal will see Welltec deliver Completion products and services across...

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