TotalEnergies completes Kurdistan exit with Sarsang sale
TotalEnergies has completed the sale of an 18% stake in the Sarsang field to ShaMaran, completing its exit from the Iraqi region of Kurdistan.
E&P
Adnoc, Eni talk up acceleration of Ghasha plan
Adnoc and Eni have held high-level talks on accelerating development at the Ghasha sour gas project, in a bid to increase global supply.
TAQA to snap up AMPS in wider MENA move
Saudi Arabia’s TAQA has struck a deal to buy Al Mansoori Petroleum Services (AMPS) for an undisclosed amount.
Gulf Keystone accelerates cash generation, adds another well
Gulf Keystone Petroleum has benefited from increased payments from Kurdistan this year and adding the drilling of another well to its plans.
Adnoc hands out framework drill deals to Schlumberger, others
Adnoc has dished out five framework agreements for directional drilling and logging while drilling (LWD), worth $1.83 billion.
Chevron, NewMed work on gas export options from Israel
Chevron and partners are keen to increase gas exports to Israel’s neighbours and have made a bid to secure all capacity in a proposed pipeline to Egypt.
Hezbollah issues threat against Karish’s September start
Hezbollah head Hassan Nasrallah has issued a new threat to Israel’s activities offshore, including around Energean’s Karish development.
Worley takes Aramco shale gas award
Saudi Aramco has awarded Worley a contract covering project management services for the development of unconventional gas.
TotalEnergies first winner in Qatar LNG competition
TotalEnergies has won a 25% stake in the North Field East (NFE) LNG project, from QatarEnergy (QE).
Higgs quits Genel following AGM vote
Genel Energy CEO Bill Higgs is stepping down with immediate effect after a vote went against him at the recent AGM.
Israel sets out plans for fourth bid round
Israel has begun preparations for a fourth offshore bid round (OBR 4), even while still waiting for the closing results of its third round.
Castoro 10 arrives in Black Sea as Sakarya aims for 2023
Saipem’s Castoro 10 has crossed through the Dardanelles to begin work laying pipelines for Turkey’s Sakarya field, aiming for first gas in the first quarter of 2023.
Energean FPSO arrives in Israel
Energean’s FPSO has arrived offshore Israel, aiming to begin producing from the Karish field in the third quarter.
McDermott wins major Qatari FEED work
McDermott International has won one of its largest ever front-end engineering and design (FEED) studies for an oilfield offshore Qatar.
Mubadala leans on gas to hit the 500,000 boepd mark
Abu Dhabi’s Mubadala Petroleum has reached 500,000 barrels of oil equivalent per day, for the first time in its history.
JGC takes Zuluf work in Saudi
JGC has won work from Saudi Aramco for the Zuluf central processing facilities.
Eni spuds Cronos well off Cyprus
Eni and TotalEnergies have begun drilling the Cronos-1 well offshore Cyprus.
Keppel sends more oil drilling rigs to Middle East in $87.2m deal
Singapore rig builder Keppel Offshore & Marine (Keppel O&M) will send another two jack-up rigs to the Middle East in a deal worth up to S$120 million (US$87.2 million) as the oil and gas market improves.
Adnoc stacks three discoveries with 650 million barrels
Adnoc has made a new 500 million barrel discovery at Bu Hasa, offering an expansion of Murban crude production.
Shareholder revolt at Genel topples Higgs, others
Shareholders at Genel Energy have rejected the election of three directors at today’s AGM.
Sarta well disappoints for Genel
Genel Energy has completed the Sarta-5 appraisal well but reservoirs appear tight and it failed to flow.
Keppel’s legacy rigs heading to Middle East in $97m deal as market tightens
Singaporean yard Keppel Offshore & Marine (Keppel O&M) will send two of its jack-up rigs to Saudi Arabia in a five-year deal worth S$135 million ($97 million) as the market for rigs continues to tighten.
Energean opens the book on divine discoveries off Israel
Energean has made a commercial gas discovery offshore Israel at its Athena well, within tie-back range of its Karish-Tanin development.
Aramco awards NESR $300mn fracking contract
National Energy Services Reunited Corp. (NESR) has won a contract in Saudi Arabia for drilling services worth $300 million.
Energean sees landmark 2022 with Karish, dividends starting
Energean almost doubled its adjusted EBITDAX in 2021, from 2020, and expects first gas from its Karish project in the third quarter of this year.