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Middle East


SABIC Announces Third Quarter Results 2020
Saudi Arabia >> 10/25/2020 - SABIC reported its earnings for the third quarter of 2020. The company’s revenue for the third quarter reached SAR 29.30 billion ($ 7.81 billion), representing an increase of 19% compared to the previ...
Cyberhawk Awarded Five-year Agreement with Major LNG Producer in ME
United Arab Emirates >> 10/20/2020 - Cyberhawk, the global leader in drone-based inspection and creator of iHawk, a cloud-based asset visualization software, has secured a five-year contract with a major LNG producer in the Middle East f...
Shelf Drilling Extends Contract for Main Pass I jack-up Rig
Saudi Arabia >> 10/19/2020 - Shelf Drilling, Ltd. has received a notification from customer on suspension of operations for the Main Pass I jack-up rig for a period of up to 12 months. The foregoing suspension at zero dayrate ...
Abu Dhabi Pension Fund & ADQ Invest $2.1B in ADNOC Infrastructure Deal
United Arab Emirates >> 10/15/2020 - The Abu Dhabi National Oil Company (ADNOC) announced that Abu Dhabi Pension Fund (ADPF) and ADQ, one of the region’s largest holding companies, will invest $2.1 billion into select ADNOC gas pipeline ...
Dana Gas Signs US$90M Credit Facility with Mashreq Bank
United Arab Emirates >> 10/15/2020 - Dana Gas PJSC, the Middle East’s leading regional private sector natural gas company, has entered into a US$90 million corporate facility from Mashreq Bank, which is one of the leading financial insti...
Commencement of Drilling Operations for Jack-up ENERGY ENTICER
Qatar >> 10/14/2020 - Northern Offshore is pleased to announce the commencement of drilling operations with Qatargas for the GustoMSC CJ50 jack-up unit, “Energy Enticer”. The Energy Enticer had a safe and successful mobili...
Trailblazing McMenon Announces Manufacturing First in Saudi Arabia
Saudi Arabia >> 10/13/2020 - McMenon Engineering Services has launched the first British manufacturing facility of flow and temperature instrumentation in the Kingdom of Saudi Arabia.

The Cumbrian-based business, which...
Petrofac Starts Production at Ghazeer Field
Oman >> 10/12/2020 - Following the recent handover to bp, production has now begun at the Ghazeer project in Oman.

Awarded to Petrofac in 2017, the project involved the addition of a third gas train with a capa...
KCA Deutag Awards $150M Drilling Contracts in Oman
Oman >> 10/12/2020 - Global drilling, engineering and technology provider, KCA Deutag ("KCAD"), has been awarded contracts worth more than $150m in Oman, from the country's leading exploration and production companies. <...
Gas Investments in MENA Jump by 29% Despite Demand Shock
Saudi Arabia >> 10/12/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, today released its MENA Gas & Petrochemicals Investments Outlook 2020-2024 on the MENA region’s ...
Jan De Nul and BESIX Awarded the Expansion of the Port of Fujairah
United Arab Emirates >> 10/12/2020 - BESIX and Jan De Nul Group are assisting with the expansion of the port of Fujairah in Dibba, the second largest city of the emirate of Fujairah in the UAE, located along the Gulf of Oman. The works f...
Penspen Secures Project with Target Engineering Construction Company
United Arab Emirates >> 10/12/2020 - Penspen has been awarded a detailed engineering contract for crude receiving facilities at Jebel Dhana from Target Engineering Construction Company, a leading engineering, procurement and construction...
ENOC Link Launches Biodiesel for Commercial Fleets
United Arab Emirates >> 10/11/2020 - ENOC Link, the digital mobile fuel delivery service for businesses in the UAE, has announced the launch of bio-diesel fuel for commercial fleets; offering them easy and convenient access to Biodiesel ...
First Shipping Line Inaugurated to Link Omani Ports with Iraq
Oman >> 10/10/2020 - ASYAD Group has launched the first shipping line between Oman ports and Iraq’s Umm Qasr Port. This notable move bolsters the Group’s efforts to expand the maritime transport network between Oman and t...
ADNOC and Abu Dhabi-Based Group 42 Launch AIQ JV
United Arab Emirates >> 10/7/2020 - The Abu Dhabi National Oil Company (ADNOC) today announced the launch of AIQ, its Artificial Intelligence (AI) joint venture (JV) company with Group 42 (G42), an Abu Dhabi-based AI and cloud computing...
APICORP Provides $70.5M for 5th Phase of Dubai Solar Project
United Arab Emirates >> 10/4/2020 - The Arab Petroleum Investments Corporation (APICORP), multilateral development financial institution, has signed an agreement with Shuaa Energy 3 P.S.C sponsored by Dubai Electricity and Water Authori...
JGC Sign Contract for Refinery Upgrading Project in Iraq
Iraq >> 10/2/2020 - JGC Holdings Corporation announced that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, participated in the contract signing ce...
Adnoc Launches First Trading Unit
United Arab Emirates >> 9/30/2020 - The Abu Dhabi National Oil Company (ADNOC) announced that one of its new trading entities, ADNOC Trading, has started derivatives trading as a direct market participant. This represents a major milest...
U.S. Assistant Secretary for Energy Resources Visits Energean Onshore Facilities
Israel >> 9/29/2020 - Energean plc is happy and proud to have hosted at its onshore facilities at Nea Karvali, Kavala, Mr. Francis Fannon, U.S. Assistant Secretary for Energy Resources, and Mr. Kostas Fragogiannis, Greece'...
Rex Appoints ABG Sundal Collier to Review Financing Options
Oman >> 9/29/2020 - Rex International Holding Limited, a technology-driven oil company, has appointed Nordic independent investment bank ABG Sundal Collier ASA (“ABGSC”) as financial adviser and intermediary to review no...
Baker Signs Major LNG Turbomachinery Order for North Field East (NFE) Project
Qatar >> 9/29/2020 - Baker Hughes announced an order with longtime partner Qatar Petroleum to supply multiple main refrigerant compressors (MRCs) for Qatar Petroleum’s North Field East (NFE) project, executed by Qatargas....
ShaMaran Atrush August Payment Received
Iraq >> 9/28/2020 - ShaMaran Petroleum Corp. has provided the following update to stakeholders.

The Company confirms that a payment of $20 million ($6.8 million net to the Company) has been received from th...
QP Begins to Supply Local Market with Ultra-low-sulphur Diesel
Qatar >> 9/27/2020 - Qatar Petroleum is pleased to announce the commencement of supply of Ultra Low Sulphur Diesel (ULSD) by the QP Refinery in Mesaieed for the domestic transportation market, effective from today, bringi...
Milaha Signs Key Deal with Major Oilfield Services Firm
Qatar >> 9/27/2020 - Milaha, one of the largest Maritime and Logistics Organizations in the Middle East, has entered into a formal agreement to cooperate with leading American oilfield services firm, Schlumberger Limited....
World’s 1st Ammonia Shipment Opens New Route to Sustainable Future
Saudi Arabia >> 9/27/2020 - - A significant step towards a sustainable hydrogen usage and a circular carbon economy

- 40 tons of high-grade blue ammonia already dispatched for use in zero-carbon power generation, a su...
ADNOC L&S Signs 25-year Agreement to Service All Petroleum Ports
United Arab Emirates >> 9/27/2020 - ADNOC Logistics and Services (ADNOC L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), has signed a new 25-year agreement to provide critical marine se...
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 9/25/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during August 2020.

The Taq Taq partners have received a gross payment ...
Maha Energy Awarded Block 70 Onshore Oman
Oman >> 9/25/2020 - Maha Energy has been awarded Block 70, onshore Oman. The Block, which includes the shallow undeveloped Mafraq heavy oil field, is located in the middle of the prolific Ghaba Salt Basin in the central ...
Low Powered Solenoid Provides Energy Efficient Solution at UAE Wellheads
United Arab Emirates >> 9/25/2020 - Thousands of Bifold FP low powered hydraulic solenoids from Rotork have been installed on 170 new wellhead panels in the United Arab Emirates as part of an oilfield expansion project.

The c...
Abengoa Advances in Construction of World's Largest Solar Complex in Dubai
United Arab Emirates >> 9/24/2020 - Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has just celebrated the completion of the first sola...
Receipt of General Meeting Requisition Letter from Seafox
United Arab Emirates >> 9/23/2020 - GMS notes the announcement by Seafox International Limited. GMS confirms that simultaneously with that announcement, it received a letter from Seafox seeking to requisition a general meeting of GMS t...
LOC Korea Wins Contract with LS Cable & Systems
Bahrain >> 9/22/2020 - LOC Group, the premier international marine and engineering consulting firm, has announced its Korean office (“LOC Korea”) has won a new contract with LS Cable & Systems, a South Korean company and on...
Lummus Announces Master Licensor Award in Oman
Oman >> 9/22/2020 - Lummus Technology has been awarded a contract for technology licensing, process design package, training and advisory services, and proprietary catalyst and equipment supply by Duqm Refinery and Petro...
Shelf Drilling Announces Amendment to Revolving Credit Facility
United Arab Emirates >> 9/22/2020 - Shelf Drilling, Ltd. announced that Shelf Drilling Holdings, Ltd. (“SDHL”), one of its indirect, wholly-owned subsidiaries, has entered into an amendment (the “Amendment”) of its USD 225 million revol...
Zion Oil & Gas Drilling Rig Set to Depart for Israel
Israel >> 9/21/2020 - Zion Oil & Gas, Inc. confirms transportation arrangements for its drilling rig from Romania to Israel.

"We are thankful for the many challenges the Zio...
GMB London Calls for Halt on New Offshore Wind Farms
United Arab Emirates >> 9/21/2020 - GMB London calls for halt on new offshore wind farms until local supply chain like for nuclear is in place.

Offshore wind farms with the current supply chain which lead to higher bills and ...
Saudi Arabia's SIIG and Petrochem in Merger Talks
Saudi Arabia >> 9/20/2020 - SIIG announces the approval of the Board of Directors on 29-01-1442H corresponding to 17-09-2020 to start initial discussions with the National Petrochemical Company (Petrochem) (a related party) to s...
ADNOC Signs In-country Value Partnerships with Mubadala and Enec
United Arab Emirates >> 9/20/2020 - The Abu Dhabi National Oil Company (ADNOC) has signed two framework agreements with Mubadala Investment Company (Mubadala) and Emirates Nuclear Energy Corporation (ENEC) to partner on ADNOC’s In-Count...
Energean Signs Contracts for the Sale of Additional 1.4 bcm/yr
Israel >> 9/16/2020 - Energean plc is pleased to announce that Energean Israel (Energean, 70%) has signed two new Gas Sales and Purchase Agreements ("GSPAs"), which, combined, represent quantities of gas of up to 1.4 bcm/y...
Proserv Rolls out Two New Facilities to Boost Global Service Operations
United Arab Emirates >> 9/16/2020 - Leading controls technology provider Proserv Controls has formally unveiled two new cutting-edge facilities in Mussafah, Abu Dhabi and Cumbernauld, near Glasgow, Scotland as it seeks to drive forwards...
ENOC Group On Track with Retail Expansion Plans
United Arab Emirates >> 9/16/2020 - ENOC Group today announced its plans to open 40 new service stations by the end of next year, which will increase its retail network to 192 stations.

The Group is on track with its plans to...
ADNOC Completes $1B Institutional Placement of It's Distribution Shares
United Arab Emirates >> 9/14/2020 - Abu Dhabi National Oil Company (“ADNOC” and, together with its subsidiaries, “ADNOC Group”), has successfully completed a placement to institutional investors of 1.25 billion shares in Abu Dhabi Natio...
DNO Starts Gas Capture and Injection in Kurdistan, Slashes CO2 Emissions
Iraq >> 9/11/2020 - DNO ASA, the Norwegian oil and gas operator, has announced that the USD 110 million Peshkabir Gas Capture and Injection Project in its Tawke license in the Kurdistan region of Iraq is onstream and has...
Energean Announces Results for Half Year Ended 30 June 2020
Israel >> 9/10/2020 - Energean plc, the independent gas-focused producer focused on the Mediterranean, announces its half-year results for the six months ended 30 June 2020 ("1H 2020"). ...
Fluor Joint Venture Successfully Starts Up Boilers at New Al-Zour Refinery
Kuwait >> 9/9/2020 - Fluor Corporation has announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries, FDH JV, has successfully started up two boilers and they began generating st...
ADNOC Invests $245M to Upgrade Main Oil Lines & Jebel Dhanna Terminal
ADNOC Invests $245M to Upgrade Main Oil Lines & Jebel Dhanna Terminal United Arab Emirates >> 9/9/2020 - ADNOC Onshore, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced, the award of two Engineering, Procurement, and Construction (EPC) contracts to upgrade two Main Oil Lines (MOLs) a...
EQUATE & NTEC Complete Renewable Energy Project in Kuwait
Kuwait >> 9/8/2020 - As part of its commitment to long-term sustainable development, the EQUATE Group, in partnership with the National Technology Enterprise Company (NTEC), has completed a solar power project that will d...
Wavefront Announces New Distributor in Saudi Arabia
Saudi Arabia >> 9/8/2020 - Wavefront Technology Solutions Inc., an oil field service provider focused on offering the oil and gas industry proprietary, leading edge technology is pleased to announce that effective September 1,...
Sadara Launches Annual Local Competition for Innovative Environmental Solutions
Saudi Arabia >> 9/6/2020 - Sadara Chemical Company (Sadara) launched its annual Innovative Environmental Solutions Competition for 2020, in collaboration with the Royal Commission for Jubail. This community environmental initia...
Gulf Keystone Provides 2020 Half Year Results Announcement
Iraq >> 9/3/2020 - Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq ("Kurdistan" or "Kurdistan Region"), announces its results for the half year ended 30 June 2020.
Shuaibah Desalination Plant Awarded at the 2020 Global Water Awards
Saudi Arabia >> 9/3/2020 - Abengoa, the international company that applies innovative technology solutions for sustainability in the infrastructure, energy and water sectors, has been awarded by the prestigious publication of t...
APICORP Posts $54.8M Net Profit in First Half of 2020
Saudi Arabia >> 9/3/2020 - The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, announced its half-year results for the six months ended 30 June, 2020. Gross operating income f...
Bahri Boosts Dry-bulk Fleet with Addition of Newbuild Alanood
Saudi Arabia >> 9/3/2020 - Bahri, a global leader in logistics and transportation, today announced that it took delivery of its new dry-bulk carrier ‘Alanood’ on 31 August, making it the second newbuild vessel to join the compa...
ACWA Power Completes Financing Agreements for Dubai’s MBR Solar Park
United Arab Emirates >> 9/3/2020 - ACWA Power, a leading Saudi Arabian developer, investor and operator of power generation and desalinated water plants, completed the signing of all financing agreements of the 900MW solar PV project, ...
DP World and CDPQ Expand Global Investment Platform to $8.2B
United Arab Emirates >> 9/3/2020 - "Alongside CDPQ, a steadfast partner whose long-term vision we share, we look forward to working together on new investments that will connect key international trade locations worldwide Sultan Ahmed...
Oryx Petroleum Q2 2020 Financial and Operational Results
Iraq >> 9/2/2020 - Oryx Petroleum Corporation Limited has announced its financial and operational results for the three and six months ended June 30, 2020. All dollar amounts set forth in this news release are in United...
Zion Oil & Gas Continues Operations in Israel
Israel >> 9/2/2020 - Zion Oil & Gas, Inc. announces the completion of the Megiddo Jezreel #2 (MJ02) conductor pipe to a depth of 110 feet and provides an operational update. ...
ADNOC and Apollo-led Consortium Enter Into $5.5B Real Estate Investment Partnership
United Arab Emirates >> 9/2/2020 - The Abu Dhabi National Oil Company (ADNOC) has entered into a long-term strategic investment with accounts and entities owned and/or advised by Apollo Global Management Inc. and its subsidiaries (coll...
Middle East Expansion for Connector Subsea Solutions
United Arab Emirates >> 9/2/2020 - Connector Subsea Solutions(CSS) Bergen, Norway has announced on 1st September that is has signed an exclusive agreement with Abu Dhabi Oilfield Services Company (ADOS). Furthermore, this agreement wil...
Receipt of Payments for KRI Oil Sales
Iraq >> 9/1/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during July 2020.

The Taq Taq partners have received a gross payment of $...
EQUATE Group Unifies Sustainability Efforts Globally
Kuwait >> 9/1/2020 - EQUATE Group has published its latest sustainability performance results as it continues on its path to create long-term value and positive change in the communities it serves around the world. The co...
Sparrows Group Appoints Saudi Arabia General Manager to Drive Growth in Kingdom
Saudi Arabia >> 8/31/2020 - Sparrows Group has appointed Ali Hassan Al-Kharari as the company’s first Saudi Arabia general manager in response to growing business demand in the Kingdom.

Mr Al-Kharari brings more than ...
Royal IHC Delivers TSHD GHASHA to NMDC
United Arab Emirates >> 8/31/2020 - After completion and successful sea trials, the 8,000m3 trailing suction hopper dredger (TSHD) GHASHA – owned by National Marine Dredging Company (NMDC) from Abu Dhabi – has left The Netherlands to st...
Babcock & Wilcox Continues Middle East Expansion
United Arab Emirates >> 8/31/2020 - Babcock & Wilcox (B&W) continued its expansion into the Middle East and Africa with the formation of Babcock & Wilcox Middle East Holdings, Ltd. and the opening of a headquarters in Dubai, United Arab...
NOVATEK Shipped First LNG Cargo to United Arab Emirates
United Arab Emirates >> 8/28/2020 - PAO NOVATEK has announced that NOVATEK Gas & Power Asia Pte. Ltd., a wholly owned subsidiary, shipped the first cargo of liquefied natural gas (“LNG”) from the Yamal LNG project to the United Arab Emi...
Heavy lifting and Transport Solutions for a Turnaround at Aramco’s Refinery
Saudi Arabia >> 8/27/2020 - Mammoet, the global leader in engineered heavy lifting and transport, was approached by Jacobs Zate, the FEED and Project Management Consultant, to complete a route survey and lifting study for this c...
Tethys Oil Provides Production Update July 2020
Oman >> 8/26/2020 - Tethys Oil’s share of the production, before government take, from Blocks 3&4 onshore the Sultanate of Oman amounted in July 2020 to 318,071 barrels of oil, corresponding to 10,260 barrels of oil per ...
Energean Successfully Installed FPSO Suction Anchors at Karish Field
Israel >> 8/24/2020 - Energean plc, the gas producer focused on the Mediterranean, is pleased to announce that the Energean Power FPSO suction anchors have been successfully installed at the 267 mmboe 2P Karish Field. ...
DRPIC Selects LyondellBasell’s Hostalen ACP and Spheripol Technology
Oman >> 8/24/2020 - LyondellBasell, the world’s largest licensor of polyolefin technologies, announced that Duqm Refinery and Petrochemical Industries Company LLC (DRPIC) has selected LyondellBasell’s world-leading polyp...
MHPS Receives Order for Three M701JACs Advanced Air-cooled Turbines for a UAE project
United Arab Emirates >> 8/24/2020 - Mitsubishi Hitachi Power Systems, Ltd. (MHPS), a part of Mitsubishi Heavy Industries (MHI) Group, has received an order for three M701 JAC gas turbine generators to be used in a 2,400 megawatt (MW) co...
Aramco Announces Corporate Development Organization
Saudi Arabia >> 8/23/2020 - The Saudi Arabian Oil Company (“Aramco”) announced the establishment of an integrated Corporate Development organization to optimize the Company's portfolio. <...
Weir Oil & Gas Signed a Strategic Contract in UAE
United Arab Emirates >> 8/23/2020 - Weir Oil & Gas Dubai announced that it signed a three-year agreement for servicing and repairing pumps and motors with a national oil company in the UAE. The contract secures the provision of Weir Oil...
Rotork Actuators Supplied to Oil Production Site in Middle East
United Arab Emirates >> 8/20/2020 - Rotork has supplied over 250 IQ3 intelligent electric actuators with IW quarter-turn gearboxes, five GP heavy-duty scotch yoke pneumatic actuators and five SI electro-hydraulic actuators for use at an...
GE Signs Two New Agreements with Iraqi Ministry of Electricity
Iraq >> 8/19/2020 - With growing demand for electricity, especially to meet the requirements during peak summer, the Government of Iraq is accelerating its focus on strengthening the nation’s power infrastructure through...
Fluor JV Hands Overs Clean Fuels Megaproject in Kuwait
Kuwait >> 8/18/2020 - Fluor Corporation has announced that its joint venture with Daewoo Engineering & Construction and Hyundai Heavy Industries has successfully achieved final provisional turnover of the facilities for Ku...
Bechtel Appoints Justin Siberell as Region President for Europe and the ME
Saudi Arabia >> 8/18/2020 - Bechtel has announced appointment of Justin Siberell as president for the Europe and the Middle East region.

In his new role, Siberell will be responsible for overseeing the company’s relat...
Contract Extension for "HAKURYU-10" and "HAKURYU-12"
Qatar >> 8/17/2020 - Jack-up drilling rigs "HAKURYU-10" and "HAKURYU-12", both operated by JDC's subsidiary company "Japan Drilling (Netherlands) B.V." at Al-Shaheen Oil Field, offshore Qatar, have been awarded a one-year...
ADNOC Invests $3.5B to Upgrade Ruwais Refining Capabilities
United Arab Emirates >> 8/17/2020 - The Abu Dhabi National Oil Company (ADNOC) confirms significant progress made on its “Crude Flexibility Project” (CFP), with 73% project delivery of ADNOC’s ongoing upgrade of refining capabilities in...
JGC Receives Order for Iraq Refinery Upgrading Project
Iraq >> 8/13/2020 - JGC Holdings Corporation announced that JGC Corporation, which operates the overseas engineering, procurement, and construction (EPC) business of the JGC Group, has been received the Letter of Award f...
Oman Oil Production a Game Changing Start for Rex in 1H FY2020
Oman >> 8/13/2020 - Rex International Holding Limited, a technology-driven oil company, announced its financial results for the six-month period ended 30 June 2020 (“1H FY2020”). Mr Dan Brostrom, Executive Chairman o...
Nakilat Transitions LNG Al Sadd to In-house Management
Qatar >> 8/13/2020 - Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Al Sadd from Shell International Trading and Shipping Company Limited (Shell) with effect from 13 August 2020, as part of ...
Sparrows Signs Long Term Service Partnership with J.D. Neuhaus Group
Saudi Arabia >> 8/11/2020 - Sparrows Group has signed a long-term partnership agreement to become the sole Original Equipment Manufacturer (OEM) service provider for market leading machine construction company, J.D. Neuhaus Grou...
Aramco Announces Second Quarter and Half-year 2020 Results
Saudi Arabia >> 8/9/2020 - The Saudi Arabian Oil Company has announced its results for the second quarter and first half of 2020, highlighting the Company’s financial and operational resilience, and commitment to shareholders d...
$2.25B Bonds for Leviathan Project
Israel >> 8/5/2020 - 1- On August 4, 2020, the pricing process of the Issue was completed, in which offers were received for the purchase of the Bonds in an amount significantly exceeding the amount offered in the Issue...
Air Products to Supply Qatargas with LNG Technology
Qatar >> 8/4/2020 - Air Products, the world’s leader in liquefied natural gas (LNG) technology and equipment, has been selected to provide its proprietary AP-X® Natural Gas Liquefaction Process technology and equipment t...
ADNOC and Wanhua Chemical Group Form Strategic Shipping Joint Venture
United Arab Emirates >> 8/4/2020 - ADNOC Logistics & Services (ADNOC L&S), the shipping and maritime logistics subsidiary of the Abu Dhabi National Oil Company (ADNOC), announced the formation of a new strategic joint venture (JV) with...
Interim Results for the Six Months Ended 30 June 2020
United Arab Emirates >> 8/4/2020 - Financial Highlights

· Adjusted EBITDA increased by 34% to US$ 31.4 million (H1 2019: US$ 23.4 million) with an adjusted EBITDA margin of 63% (H1 2019: 43%). This reflects the ben...
Genel Energy plc Provides Update on Tawke PSC
Iraq >> 7/30/2020 - Genel Energy plc ('Genel') notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity.

Gross production from the Tawke licence...
DNO Steps up Activity - Releases Second Quarter 2020 Results
Iraq >> 7/30/2020 - DNO ASA, the Norwegian oil and gas operator, today reported stepped up investments across its portfolio on the back of higher production and significantly improved liquidity outlook as the Company rec...
Zion Oil & Gas Receives Drilling Plan Approval for Next Well in Israel
Israel >> 7/30/2020 - Zion Oil & Gas, Inc. (ZN) announces formal approval from the Israel Ministry of Energy of its drilling plan for its next well in Israel. ...
Siemens Selected for Gas Reservoir Storage Project with Aramco
Saudi Arabia >> 7/30/2020 - - Siemens Energy to supply 20 compressor trains for a critical gas project in the Kingdom of Saudi Arabia (KSA)

- The project will enable the operator to manage its surplus gas volumes effi...
EDF Signs PPA with NV Energy for Chuckwalla Solar+Storage Project
Saudi Arabia >> 7/29/2020 - EDF Renewables North America announced the signing of a 22-year Power Purchase Agreement (PPA) with NV Energy for a 200 megawatt (MWac) solar photovoltaic project coupled with a 180 MW, four-hour batt...
Gulf Keystone Provides Shaikan Payment Update
Iraq >> 7/28/2020 - Gulf Keystone confirms that a gross payment of $9.6 million ($7.6 million net to GKP) has been received from the Kurdistan Regional Government ("KRG") for Shaikan crude oil sales during June 2020.
Genel Energy Receives Payments for KRI Oil Sales
Iraq >> 7/28/2020 - Genel Energy plc announces that payments have been received from the Kurdistan Regional Government for oil sales during June 2020.

The Taq Taq partners have received a gross payment of $...
Gulf Marine Announces Successful First Deployment of Cantilever Technology
United Arab Emirates >> 7/28/2020 - GMS announces the successful completion of its first Well Intervention workscope, utilising the company's unique Cantilever Workover System, installed on the self-propelled vessel GMS Evolution. Under...
Nakilat Transitions LNG Al Samriya to In-house Management
Qatar >> 7/27/2020 - Nakilat has assumed full ship management and operations of Q-Max LNG carrier Al Samriya from Shell Trading and Shipping Company Limited (Shell) with effect from 27 July 2020, as part of the second pha...
ADNOC Transfers Major Offshore Concessions from CNPC to CNOOC
United Arab Emirates >> 7/27/2020 - The Abu Dhabi National Oil Company (ADNOC) announced its agreement to the transfer of rights in its Lower Zakum and Umm Shaif and Nasr offshore concessions from the China National Petroleum Corporatio...
Tristar Group Begins Construction of New Storage Tanks in Dubai
United Arab Emirates >> 7/26/2020 - Tristar has begun construction of 10 new storage tanks for its chemical terminal in Jebel Ali Free Zone (JAFZA) taken over from Shell in 2019. The construction of the storage tanks will see the ...
EWEC Announces Partners to Develop the World’s Largest Solar Power Plant
United Arab Emirates >> 7/26/2020 - Consortium comprising TAQA, Masdar, EDF and JinkoPower sign Power Purchase Agreement with EWEC, for a 2 GW solar power plant Competitive bid process results in record-low tariff for solar power, set ...
Polarcus Announces Second Quarter and Preliminary Half Year Results 2020
United Arab Emirates >> 7/22/2020 - Polarcus has released its second quarter and preliminary half year results 2020.

Polarcus CEO, Duncan Eley, commented:

'As guided, the Company’s Q2 2020 results were negat...

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