Kuwait Petroleum Corporation (KPC) said on Sunday it had made a 'giant' oil discovery in the Al-Nokhatha field east of the Kuwaiti island of Failaka, with oil reserves estimated at 3.2 billion barrels.KPC's CEO Sheikh Nawaf Saud Nasir Al-Sabah…
Italian offshore energy services firm Saipem has secured work two offshore projects in Saudi Arabia, under the existing long-term contract with Saudi state-owned oil and gas giant Saudi Aramco.Saipem’s scope of work under the first project involves the engineering…
Shell, BP, Mitsui and TotalEnergies have agreed to each take a 10% participating interest in the Abu Dhabi National Oil Company’s (ADNOC) Ruwais liquefied natural gas (LNG) project in the United Arab Emirates.The Ruwais LNG project will consist of two 4…
Abu Dhabi National Oil Company (ADNOC) has earmarked a 40% stake in its Ruwais liquefied natural gas (LNG) project to four energy majors Shell, TotalEnergies, BP, and Japan's Mitsui, sources told Reuters.The four companies are expected to get…
Saudi Aramco said in an emailed statement on Thursday that media reports saying it was considering an offer for Santos are inaccurate.Bloomberg News on Wednesday reported that Saudi Aramco and Abu Dhabi National Oil Company have been separately considering bids for Australian gas producer Santos…
Saudi Aramco and Abu Dhabi National Oil Company (ADNOC) have been separately considering bids for Santos, Bloomberg News reported, sending shares of the Australian gas producer up 6.5% on Thursday.Both Saudi Aramco and ADNOC have been conducting…
ADNOC Drilling has secured a contract from ADNOC Offshore, valued $733 million, to build three island drilling rigs in support of the growing operations at the offshore Zakum field.The rigs will be designed and built as part of a partnership between ADNOC Drilling and Honghua Group (HH)…
U.S.-based marine power, data, and services company Ocean Power Technologies (OPT) and UAE’s subsea technology and engineering services firm Unique Group have partnered up to offer unmanned surface vehicle (USV) services in the Middle East.Unique…
Lebanon's energy ministry has extended a deadline for companies to bid for exploration rights for offshore oil and gas fields in its third licensing round until March next year, the Lebanese Petroleum Administration said on Monday.The government originally set a deadline of July 3…
Engineering consultancy Longitude Engineering, a branch of Oslo-listed ABL Group, has been appointed by Egypt’s PETROSAFE to deliver a Fitness for Future Service assessment on the Warda platform offshore Egypt.The Warda platform is a four-leg…
Russian energy giant Gazprom has signed a memorandum with the National Iranian Gas Company (NIGC) to supply Russian pipeline gas to Iran, it said on Wednesday.No details from the memorandum, which was signed during a visit by Gazprom's head…
Offshore drilling contractor Seadrill on Tuesday announced it has completed the sale of its three rig jack-up fleet in Qatar.The previously disclosed sale sees the company divest the West Castor, West Telesto and West Tucana, as well as its…
Masirah Oil, a majority-owned subsidiary of Rex International, has completed the multi-well campaign at Yumna field offshore Oman.Masirah Oil said the multi-well program at the field in Block 50 concession has been completed ahead of the 90-day schedule and below budget…
France-based tubular solutions supplier Vallourec has signed a two-year contract extension with Abu Dhabi National Oil Company (ADNOC), securing also a new major order for the supply of 27,000 tonnes of tubes.The two-year extension is related to the 2019 contract originally worth $900 million…
Aramco, one of the world’s leading integrated energy and chemicals companies, and NextDecade Corporation have executed a non-binding Heads of Agreement (HoA) for a 20-year liquefied natural gas sale and purchase agreement (LNG SPA) for offtake…
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