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Middle East


ADNOC Awards INPEX Onshore Exploration Concession in Abu Dhabi’s Competitive Block Bid Round
United Arab Emirates >> 3/17/2019 - The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX CORPORATION. A wholly-owned INPEX subsidiary, JODCO Explo...
Israeli Vote will not Affect Upcoming Offshore Auction
Israel >> 3/14/2019 - Israel’s offshore oil and gas licensing auction will go ahead as planned in June regardless of the outcome of the country’s upcoming general elections, Energy Minister Yuval Steinitz said in an interv...
New Awards Of Onshore Drilling Contracts Worth Approximately 220 Million USD
New Awards Of Onshore Drilling Contracts Worth Approximately 220 Million USD Saudi Arabia >> 3/13/2019 - Saipem has been new awarded new contracts, and extensions to other already existing contracts, in Onshore Drilling worth approximately 220 million USD in total. The new contracts involve projects to b...
Amarinth Secures a Further Order of API 610 VS4 Pumps for Umm Shaif Super Complex
United Arab Emirates >> 3/12/2019 - Amarinth, a leading company specialising in the design, application and manufacture of centrifugal pumps and associated equipment to the Oil & Gas, petrochemical, chemical, industrial and power market...
Dana Gas & Crescent Petroleum to Increase Gas Production from Khor Mor Field
Iraq >> 3/7/2019 - Dana Gas and Crescent Petroleum are to increase gas production from the Khor Mor field by 63 percent within two years. ...
Saudi Arabia Discovers Large Quantities of Gas in Red Sea
Saudi Arabia >> 3/7/2019 - Large quantities of gas have been discovered in the Red Sea, Saudi state news agency SPA quoted energy minister Khalid al-Falih as saying. ...
UAE's ENOC Seeks Four LNG Cargoes for India
United Arab Emirates >> 3/5/2019 - Emirates National Oil Company (ENOC) has announced a tender to buy four cargoes of liquified natural gas (LNG) for delivery to India from April to July, two trade sources said. ...
Energean Commences Its Drilling Campaign in Israel
Israel >> 3/4/2019 - Energean Oil and Gas plc, the oil and gas producer focused on the Mediterranean, is pleased to announce that it has commenced its 2019 drilling programme in Israel, which will consist of three develop...
Kuwait Petroleum Signs MoU with Britain for up to $3B in Loans and Credit
Kuwait >> 3/4/2019 - State-owned Kuwait Petroleum Corp (KPC) has signed a memorandum of understanding with the British government for up to $3 billion in loans and credit facilities, the company said. ...
ADES International Appointment of Non-Executive Director
United Arab Emirates >> 3/4/2019 - ADES International Holding PLC. (ADES), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce the appointment of Mr. Hatem So...
Genel Energy Provides Update on Sarta and Qara Dagh
Iraq >> 2/28/2019 - Genel Energy plc has announced that approval has been given by the Kurdistan Regional Government ('KRG') regarding the acquisition of stakes from Chevron in the Sarta and Qara Dagh blocks, in the Kurd...
First Specialty Oil Field Chemicals Manufacturing Reaction Plant in Saudi Arabia
Saudi Arabia >> 2/28/2019 - Representatives from Saudi Aramco, Halliburton, Sadara, Fluor, and the Royal Commission of Jubail recently gathered to mark the groundbreaking of a manufacturing plant to be built by Halliburton at th...
ADNOC Signs $1.21B Agreement with SK E&P for the World’s Largest Oil Storage Project
ADNOC Signs $1.21B Agreement with SK E&P for the World’s Largest Oil Storage Project United Arab Emirates >> 2/27/2019 - The Abu Dhabi National Oil Company (ADNOC) announced that it is building the world’s largest single underground project ever awarded for oil storage, with a capacity of 42 million barrels of crude oil...
McDermott Awarded Substantial Offshore EPCI Contract
McDermott Awarded Substantial Offshore EPCI Contract Saudi Arabia >> 2/25/2019 - McDermott International, Inc. announced a substantial* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi ...
ADES Secures 3-Year Contract Renewals for Six Onshore rigs in Saudi Arabia
Saudi Arabia >> 2/25/2019 - ADES International Holding PLC (ADES), a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), is pleased to announce that it has successfully renewed...
ADNOC Signs $4B Pipeline Investment Agreement with BlackRock, KKR
ADNOC Signs $4B Pipeline Investment Agreement with BlackRock, KKR United Arab Emirates >> 2/24/2019 - The Abu Dhabi National Oil Company (ADNOC) has entered into a landmark multi-billion-dollar midstream pipeline infrastructure partnership with KKR and BlackRock, two of the world’s leading institution...
ADNOC Refining Awards Design Contract for New Refinery in Ruwais
United Arab Emirates >> 2/21/2019 - ADNOC Refining took a step closer to building the world’s largest integrated refining and petrochemicals complex, in Ruwais, when it awarded a Pre-Front End Engineering and Designing (Pre-FEED) contra...
Kuwait’s First In-country Manufacturing & Testing Center for Oil and Gas
Kuwait >> 2/20/2019 - A new facility opened by Honeywell has become Kuwait’s first certified in-country manufacturing, integration and testing center for advanced automation technologies. ...
Shell and MOG Sign Funding Agreement for 2019 Gas Development
Oman >> 2/20/2019 - Shell CEO Ben van Beurden and Dr Mohammed bin Hamad Al Rumhy, Minister of Oil & Gas (MOG), have signed an Interim Upstream agreement that details funding and a work programme for 2019 for the developm...
Halliburton Breaks Ground on Saudi Specialty Chemical Plant
Saudi Arabia >> 2/20/2019 - Halliburton Company will build the first oilfield chemical manufacturing reaction plant in Saudi Arabia. The Company held a ground-breaking ceremony on Monday, Feb. 18, at the plant’s PlasChem Park lo...
Fluor Awarded Halliburton Chemicals Project in Saudi Arabia
Saudi Arabia >> 2/20/2019 - Fluor Corporation was awarded the engineering, procurement and construction of the Halliburton Specialty Chemicals Manufacturing Reaction Plant located in the PlasChem Park, Jubail, Saudi Arabia. Fluo...
Rockwell & Schlumberger Enter Joint Venture Agreement to Create Sensia
United Arab Emirates >> 2/19/2019 - Rockwell Automation, the world’s largest company dedicated to industrial automation and information, and Schlumberger, the world's leading provider of technology for reservoir characterization, drilli...
KCA Deutag Awarded $110M Drilling Contracts in Middle East, Russia and Africa
Oman >> 2/18/2019 - Global drilling and engineering contractor KCA Deutag (“KCAD”) announces that its land drilling operation has won new contracts and contract extensions worth approximately $110M. These contracts are f...
BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program
BHGE Signs MOU in Support of Qatar Petroleum’s Tawteen Program Qatar >> 2/18/2019 - Baker Hughes, a GE company, the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presenc...
QP Launches Localization Program for Services and Industries in the Energy Sector TAWTEEN
Qatar >> 2/18/2019 - His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister and Interior Minister, launched Qatar Petroleum’s Localization Program for Services and Industries in the Energy Sect...
Aramco Commences Operations at Arabian Rig Manufacturing
Saudi Arabia >> 2/15/2019 - Saudi Aramco and National Oilwell Varco Incorporated (NOV) recently held the first Arabian Rig Manufacturing (ARM) Board of Managers meeting. ARM is a newly formed company, a joint venture (JV) betwee...
Saudi Arabia Shuts Part of Safaniyah Oilfield after Power Cable Cut
Saudi Arabia >> 2/15/2019 - Saudi Aramco has shut part of its Safaniyah offshore oilfield after a main power cable was cut by a vessel’s anchor, a source familiar with the matter said. ...
Aramco Picks Banks for SABIC Debt Financing
Saudi Arabia >> 2/14/2019 - Saudi Aramco has selected banks to arrange its first international debt sale which will help it finance the acquisition of a stake in Saudi Arabian Basic Industries Corp (SABIC), a source familiar wit...
Noble Buys Newbuild Jackup Rig for Work in Saudi Arabia
Saudi Arabia >> 2/14/2019 - Noble Corporation plc has exercised an option for the purchase of a second newbuild Gusto MSC CJ46 design jackup rig from the PaxOcean Group (PaxOcean) for $83.75 million. ...
Total, Aramco to Invest $1B to Develop Saudi Retail Fuel Network
Saudi Arabia >> 2/14/2019 - Saudi Aramco and Total signed a Joint Venture (JV) Agreement to develop a network of fuel and retail services in Saudi Arabia. The 50:50 JV plans to invest around USD 1 billion over the next 6 years i...
L&T Construction Awarded Significant Contracts for the Power Transmission & Distribution
United Arab Emirates >> 2/14/2019 - The construction arm of L&T has won orders across two of its business segments. ...
QP Signs 5-Year Light Naphtha Sale Agreement with Marubeni Corporation
Qatar >> 2/13/2019 - Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 5-year sales agreement to supply Japan’s Marubeni Corporation an annual total ...
Genel Energy Provides Taq Taq PSC Reserves Update
Iraq >> 2/12/2019 - Genel Energy has announced that McDaniel and Associates has completed the competent person’s report (‘CPR’) relating to the oil reserves at Taq Taq as at 31 December 2018. ...
Iraq's Basrah Gas Company to Increase Capacity by 40 pct
Iraq >> 2/12/2019 - Iraq’s Basrah Gas Company will increase its capacity by 40 percent as part of an investment plan, Royal Dutch Shell said. ...
Tethys Oil Announces Plans for Blocks in Oman
Oman >> 2/12/2019 - Under current market conditions and production assumptions, Tethys Oil expects its 2019 investments for the company’s existing operations on Blocks 3&4 and Block 49 in Oman to amount to US$50-55 milli...
KBRwyle to Continue Critical Navy Base Ops Services in Djibouti and Bahrain
Bahrain >> 2/11/2019 - KBR, Inc. announced that its global government services business, KBRwyle, has been awarded two contract modifications to continue providing base operating support services (BOSS) to the U.S. Navy in ...
Genel Energy Provides Tawke PSC Reserves Update
Iraq >> 2/11/2019 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on forecast reserves on the licence in the Kurdistan region of Iraq: <...
Eni and SABIC Sign Joint Technology Development Agreement
Saudi Arabia >> 2/8/2019 - Eni and SABIC signed a Joint Development Agreement to further develop an innovative technology for natural gas conversion into synthesis gas that can be further transformed into high value fuels and c...
DOF Group Receives Several New Contract Awards
Saudi Arabia >> 2/8/2019 - DOF has announced multiple vessels awards from undisclosed clients in important growing regions for Oil and Gas as Guyana and Saudi Arabia. ...
LUKOIL Begins Drilling New Production Wells at West Qurna-2
Iraq >> 2/7/2019 - LUKOIL commenced drilling of new production wells at West Qurna-2 field as part of the second development phase. The company has so far concluded contracts to drill 57 production wells, including 54 w...
ADNOC Awards AED 5B Contract for Construction of Ghasha Concession Artificial Islands
United Arab Emirates >> 2/6/2019 - The Abu Dhabi National Oil Company (ADNOC) announced the award of a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development o...
Genel Energy Provides an Update on Taq Taq PSC
Iraq >> 2/4/2019 - Genel Energy plc has announced an update on activity at the Taq Taq Field (Genel 44% working interest). Testing of the TT-32 well has now completed. The well flowed oil from three separate zones, with...
KBR Awarded Contract For Refinery Debottlenecking Project in Saudi Arabia
Saudi Arabia >> 2/4/2019 - KBR, Inc. (KBR) has been awarded a contract by SATORP (a joint venture between Saudi Aramco and Total) to debottleneck Train 2 of its existing 440,000 barrels per day refinery in Jubail, Kingdom of Sa...
Oxy Awarded Onshore Block 3 in ADNOC's Licensing Round
Oxy Awarded Onshore Block 3 in ADNOC's Licensing Round United Arab Emirates >> 2/2/2019 - The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding an onshore block – known as Onshore Block 3 – to US based international oil and gas exploration and production company Occident...
Iraq State Oil Company to Drill 40 Wells in Majnoon Field
Iraq >> 1/31/2019 - Iraq’s Basra Oil Co has agreed a deal with state-run Iraq Drilling Co to drill 40 new oil wells in the giant southern Majnoon field, the Oil Ministry said. ...
Extension to Bina Bawi and Miran Conditions Precedent
Iraq >> 1/31/2019 - Genel Energy plc has agreed with the Kurdistan Regional Government to extend the deadline to meet the conditions precedent related to the Bina Bawi gas lifting agreement ('GLA') until 30 April 2019, a...
EnerQuip Scoops $850k Middle East Contract
Kuwait >> 1/30/2019 - EnerQuip, a leading supplier of torque machine solutions for the global oil and gas industry, has secured a $850k USD contract with a major oilfield service company. The company will supply a set of s...
Oman Trading International Set to Deliver First LNG Shipment to Petrobangla
Oman >> 1/30/2019 - Oman Trading International Ltd (OTI), the trading arm of wholly state-owned Oman Oil Company, is set to deliver first LNG to Bangladesh this week, according to a report by S&P Global Platts, a leading...
Marubeni Enters into Water Purchase Agreement for Shuqaiq 3 Independent Water Project
Saudi Arabia >> 1/30/2019 - Marubeni Corporation has announced that Marubeni, Acciona Agua S.A., Abdul Latif Jameel Commercial Development Company Ltd., and Rawafid Alhadarah Holding Ltd. have signed a long-term Water Purchase A...
ENOC & BHGE Announce Co-development of VitalyX Lubricant Monitoring System
United Arab Emirates >> 1/30/2019 - Baker Hughes, a GE Company announced an agreement with Emirates National Oil Company (ENOC) to co-develop VitalyX*, a real-time lubricant monitoring system. VitalyX can be deployed in multiple industr...
Saudi Arabia Hopes to Lure over $425B in Investments
Saudi Arabia >> 1/29/2019 - Saudi Arabia launched an ambitious programme which it hopes will attract $427 billion in investments in the industrial and logistics sectors, as the Opec group leader bids to reduce dependence on oil....
Aramco, TechnipFMC & Axens Advance Catalytic Crude to Chemicals Technology
Saudi Arabia >> 1/29/2019 - Saudi Aramco, through its wholly-owned subsidiary Saudi Aramco Technologies, signed a Joint Development and Collaboration Agreement (JDCA) with Axens and TechnipFMC to accelerate the development and c...
Iraq to Sign MOU to Supply Jordan with Oil
Iraq >> 1/28/2019 - Iraqi Oil Minister Thamir al-Ghadhban said that Iraq will supply neighboring Jordan with oil in accordance with a memorandum of understanding (MOU) to be signed after the approval of both governments....
Oxy to Bring Low-carbon Technologies to Oman’s Oilfield Sector
Oman >> 1/28/2019 - Occidental Petroleum, the largest independent producer of oil and gas in the Sultanate, has pledged to introduce pioneering low carbon electricity generation and carbon capture and sequestration techn...
Qatar Energy Minister Says Plans to Order 60 New LNG Carriers
Qatar >> 1/28/2019 - South Korea’s presidential office said on Monday that Qatar’s energy minister outlined plans during a bilateral summit for Doha to order 60 new liquefied natural gas (LNG) carriers. ...
Saudi's Falih Sees No Impact on Oil Markets from Venezuela Turmoil
Saudi Arabia >> 1/28/2019 - Political turmoil in Venezuela has so far had zero impact on global oil markets, Russia’s RIA news agency cited Saudi Arabia’s Energy Minister Khalid al-Falih as saying. ...
Polarcus Awarded 3D Project in West Africa
United Arab Emirates >> 1/28/2019 - Polarcus Limited announces that an award has been received for a 3D marine seismic acquisition project in West Africa. The project will commence in Q1 2019 with an approximate duration of six weeks. ...
ADNOC Signs Strategic Agreements with Eni and OMV in Refining & Trading
ADNOC Signs Strategic Agreements with Eni and OMV in Refining & Trading United Arab Emirates >> 1/27/2019 - The Abu Dhabi National Oil Company (ADNOC) signed two new strategic equity partnerships with Eni and OMV covering both ADNOC Refining and a new trading joint venture, which will be jointly established...
Tethys Oil's Acquistion of an Interest in Block 53 Pre-empted by Partners
Oman >> 1/25/2019 - Tethys Oil announced that it had entered into an agreement to acquire a two percent participating interest in Block 53 onshore Oman. The closing of the acquisition was subject to government approval a...
Rosneft Enters Into an Agreement for Operational Management Of An Oil Products Terminal
Lebanon >> 1/24/2019 - Rosneft and the Ministry of Energy and Water of the Lebanon Republic - Lebanon Oil Installations reached an agreement providing for the transfer into Rosneft’s operational management of the oil produc...
Genel Energy Acquires Stakes in Chevron Operated Blocks in the KRI
Iraq >> 1/21/2019 - Genel Energy plc has reached agreement to acquire stakes in the Chevron operated Sarta and Qara Dagh blocks, in the Kurdistan Region of Iraq. ...
Saipem Awarded Two New Contracts from Aramco for a total of Approximately $1.3B
Saipem Awarded Two New Contracts from Aramco for a total of Approximately $1.3B Saudi Arabia >> 1/18/2019 - Saipem has been awarded two EPIC contracts (Engineering, Procurement, Installation, Construction) assigned by the client Saudi Aramco for a total amount of approximately 1,3 billion USD as part of the...
ProSep Secures First Refinery Application of MAX+ Technology in Middle East
United Arab Emirates >> 1/17/2019 - ProSep has announced the first refinery application in the Middle East of its Mutliphase Adjustable Xtreme (MAX+) Mixer. The Max+ unit is a unique mixer with integrated injection and mixing capabiliti...
Iraqi Installations Receive 100 MW of MAN Electrical Energy
Iraq >> 1/16/2019 - MAN Energy Solutions has successfully commissioned six MAN 18V32/40 engines in a cement factory in Samawa, Iraq, and delivered five more engines of the same type to a freshwater-treatment plant in Bas...
Karish & Tanin Remains on Track for First Gas in 1Q 2021
Israel >> 1/16/2019 - Energean Oil and Gas plc (ENOG) intends to announce its preliminary results for the year to 31 December 2018 on Thursday 21 March 2019. In advance of these results, Energean is pleased to provide an ...
McDermott Awarded EPC Contract for CB&I® Storage Tanks
McDermott Awarded EPC Contract for CB&I® Storage Tanks Saudi Arabia >> 1/16/2019 - McDermott International, Inc.has been awarded a sizeable* contract from Daelim Saudi Arabia Company Ltd. for engineering, procurement and construction (EPC) of CB&I Storage Tanks for the Ma'aden Ammon...
PGNiG Signs Agreement for Oil and Gas Exploration in UAE
United Arab Emirates >> 1/16/2019 - The Ras Al Khaimah Petroleum Authority and RAK GAS LLC have signed an agreement whereby the Polish company is permitted to explore for and produce hydrocarbons in the emirate of Ras al Khaimah.
BP & Eni to Agree to Pursue Major New Exploration Opportunity in Oman
Oman >> 1/15/2019 - BP and Eni have signed a heads of agreement (HoA) with the Ministry of Oil and Gas of the Sultanate of Oman to work jointly towards a significant new exploration opportunity in Oman. Under the HoA, th...
L&T Hydrocarbon Consortium Wins Another EPCI Order from Saudi Aramco
Saudi Arabia >> 1/15/2019 - L&T Hydrocarbon Engineering (LTHE), a wholly-owned subsidiary of Larsen & Toubro, in consortium with Subsea 7 has won yet another award for two projects from Saudi Aramco. ...
Eni Signs Exploration & Production Sharing Agreement for Block 47
Eni Signs Exploration & Production Sharing Agreement for Block 47 Oman >> 1/14/2019 - Eni and the state company Oman Oil Company Exploration and Production (OOCEP) have entered into an Exploration and Production Sharing Agreement (EPSA) for Block 47 with the Government of the Sultanate...
Eni Signs MoU for Petroleum Exploration in Block 1 Offshore Bahrain
Bahrain >> 1/13/2019 - A Memorandum of Understanding (MoU) has been signed between the National Oil and Gas Authority of the Kingdom of Bahrain (NOGA) and Eni with the aim to pursue petroleum exploration of Block 1, an offs...
Eni Enters in Signing Areas A, B and C Onshore Exploration Concessions
United Arab Emirates >> 1/13/2019 - Eni has been awarded Areas A, B & C onshore Exploration Concession Agreements which were offered as part of the of the first International Competitive Exploration Licensing Round launched by Sharjah N...
Eni Acquires Majority Stake in 2 of Abu Dhabi’s Offshore Exploration Concessions
United Arab Emirates >> 1/12/2019 - Eni signed today in Abu Dhabi two Concession Agreements for the acquisition of a 70% stake in the Offshore Block 1 and Offshore Block 2 exploration areas for a duration of 35 years, leading a consorti...
Lukoil Confirms Geological Model for Eridu Field
Iraq >> 1/10/2019 - LUKOIL has successfully completed testing of the fourth well as part of Eridu field (Block 10) appraisal phase in the south of Iraq. The testing resulted in the commercial flow of dry crude oil that p...
DeltaTek Wins Multi-Well Deepwater Seacure Contract in Israel
Israel >> 1/9/2019 - Well construction specialist, DeltaTek Global has announced an international contract award by Energean Oil and Gas to supply its proprietary SeaCure cementing technology to support the Karish deepwat...
TechnipFMC & MMHE Sign Offshore Agreement with Aramco
TechnipFMC & MMHE Sign Offshore Agreement with Aramco Saudi Arabia >> 1/7/2019 - TechnipFMC (FTI), in consortium with MMHE (Malaysia Marine and Heavy Engineering Sdn Bhd), has signed a Long-Term Offshore Agreement with Saudi Aramco. ...
Lebanon’s 2nd Offshore License Round
Lebanon >> 1/3/2019 - The round is scheduled for official launch this month, with a window for prequalification from January to April 2019. PGS has seismic data that will allow you to analyze some of the most promising lea...
Energean Signs Gas Sales & Purchase Deal for Karish & Tanin
Israel >> 1/2/2019 - Energean Oil and Gas plc (ENOG) pleased to announce that it has signed a Gas Sales and Purchase Agreement (GSPA) with I.P.M. Beer Tuvia Ltd. (IPM) to supply an estimated 5.5 BCM of gas from its Karish...
Petronas Acquires 10% Stake in Block 61
Oman >> 12/31/2018 - Malaysia’s state-run oil and gas company, Petroliam Nasional Bhd (Petronas), has completed the acquisition of a 10 per cent stake in a gas field in onshore Oman from Oman Oil Company Exploration & Pro...
Aramco Completes Acquisition of Remaining 50% Stake in ARLANXEO JV from LANXESS
Saudi Arabia >> 12/31/2018 - Saudi Aramco, a world-leading integrated energy and chemicals company; and LANXESS AG, a leading German specialty chemicals company, announced the completion of Saudi Aramco’s acquisition of LANXESS‘s...
Aramco Signs About $85B Investment Agreements in 2018
Aramco Signs About $85B Investment Agreements in 2018 Saudi Arabia >> 12/27/2018 - In March 2018, Saudi Aramco participated in the Saudi-U.S. CEO Forum held in New York to promote bilateral business and cooperation between the two countries. During this forum, Aramco discussed $10B ...
UAE's Lamprell Wins Saudi JV Contract for Two Jack-up Rigs
Saudi Arabia >> 12/27/2018 - Lamprell has received a letter of intent ('LOI') from International Maritime Industries Company ('IMI'), the Saudi maritime joint venture in which Lamprell is a partner, confirming the intent to award...
Option for Early Redelivery of Vyacheslav Tikhonov
United Arab Emirates >> 12/27/2018 - Polarcus Limited (PLCS) announces that an early redelivery option has been agreed with the charterers of the "Vyacheslav Tikhonov" ("VT"), originally named "Polarcus Selma". The VT has been on bareboa...
Polarcus Secures Combined Seismic Project in Middle East
United Arab Emirates >> 12/27/2018 - Polarcus Limited has announced that a contract has been executed with Dubai Petroleum Establishment for a combined towed streamer and ocean bottom node ('OBN') 3D seismic acquisition and processing pr...
Rashid D Wellhead Platform Completed by Drydocks World for Offshore UAE
United Arab Emirates >> 12/27/2018 - Drydocks World, a leading marine, onshore and offshore service provider to the shipping, oil, gas and renewable energy sectors, has completed the Rashid D Wellhead Platform jacket and topside for Tech...
Halliburton Awarded Two Drilling Contracts from ENI
Iraq >> 12/26/2018 - Halliburton Company has signed two contracts with Eni Iraq BV (Eni) to provide integrated drilling services at Eni’s Zubair Oil Field in Southern Iraq. Under the contracts, Halliburton will mobilize f...
Iraq's Kirkuk Oil Exports to Stay Restricted
Iraq >> 12/26/2018 - Exports from Iraq’s northern Kirkuk oilfields to the Turkish port of Ceyhan will stay at between 80-90,000 barrels per day (bpd) as most of the crude produced is being diverted to feed refineries in t...
Saudi Aramco Creates Fuel Retail Subsidiary to Expand Downstream
Saudi Arabia >> 12/26/2018 - Saudi Aramco said it was establishing a domestic fuel retailing subsidiary as part of the national oil company’s drive to expand into downstream businesses. ...
MMHE and TechnipFMC Sign Long-Term Offshore Agreement with Aramco
Saudi Arabia >> 12/26/2018 - Malaysia Marine and Heavy Engineering Holdings Berhad (MHB or Group) has announce d that its wholly owned subsidiary, Malaysia Marine and Heavy Engineering Sdn Bhd (MMHE), in consor...
Kuwait Appoints 4 New Cabinet Members, Including Oil Minister
Kuwait >> 12/24/2018 - Kuwait has appointed four new ministers including Khaled al-Fadhel as the country’s oil minister, the state news agency Kuna reported. ...
Tethys Oil to Buy Minority Stake in Oman's Block 53
Oman >> 12/23/2018 - Tethys Oil has entered into an agreement to acquire a two percent participating interest in Block 53 onshore Oman from Total E&P Oman, a wholly-owned subsidiary of Total. Block 53 holds the Mukhaizna ...
APICORP Commits $100 million in Funding Support for Duqm Refinery
Oman >> 12/23/2018 - The Arab Petroleum Investments Corporation (Apicorp), a multilateral development bank, has announced a $100 million investment as part of a consortium of international and regional banks to finance th...
Iraq in Deal with Schlumberger to Drill 40 Wells in Majnoon Oilfield
Iraq >> 12/19/2018 - Iraq has agreed a deal with U.S. company Schlumberger Ltd to drill 40 wells in the giant Majnoon oilfield, the Oil Ministry said. ...
ADNOC Awards OMV 5% Stake in Ghasha Offshore Gas Concession
United Arab Emirates >> 12/19/2018 - The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have awarded Austria’s OMV a 5 percent stake in the Ghasha ultra-sour gas concession that comprises the Hail, Ghasha, Dalma, Nas...
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas
ADNOC, Cepsa Award Engineering Contract to Spain's Tecnicas Reunidas United Arab Emirates >> 12/18/2018 - The Abu Dhabi National Oil Company (ADNOC), and its project partner Cepsa, have announced the awarding of a key contract, as both companies move forward with plans to develop a world-scale Linear Alky...
Energean to Receive $98M from Israel Natural Gas Lines
Israel >> 12/17/2018 - According to a Memorandum of Understanding signed between Energean Israel and INGL, US$98 million will be paid to Energean in consideration for constructing and transferring to Israel Natural Gas Line...
NIOC & RIPI Ink Research Deal on Gas Hydrates
Oman >> 12/17/2018 - The National Iranian Oil Company (NIOC) and the Research Institute of Petroleum Industry (RIPI) signed a contract for the latter to conduct research on gas hydrates in the Sea of Oman. The deal was si...
Oman Seeks Intl Investment to Develop Ultra-heavy Oilfield
Oman >> 12/17/2018 - Oman’s Ministry of Oil & Gas says it will open up its ultra-heavy oilfield at Habhab in south Oman to investment and development by international players with the technological and financial wherewith...
Petrofac Secures $115M Contract with Petroleum Development Oman
Oman >> 12/17/2018 - Petrofac has been awarded a contract worth around US$115 million for the development of the Qarn Alam Co-Generation Project, located 350 kilometres southwest of Muscat, Oman. ...
Polarcus Awarded XArray Project in West Africa
United Arab Emirates >> 12/17/2018 - Polarcus Limited announces that an award has been received for an XArrayTM marine seismic acquisition project in West Africa. The project will commence in Q1 2019 with an approximate duration of two m...

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