Oxy wins Abu Dhabi onshore block
Occidental Petroleum has won the exploration rights to Abu Dhabi Onshore Block 5, Adnoc has reported.
E&P
BP to invest more in Middle East’s ‘world-leading’ oil fields
BP said it will invest more money in Middle Eastern oil and natural-gas fields even as it transitions to renewable energy and tries to lower emissions.
Adnoc expands world’s largest 3D seismic shoot
Adnoc has awarded the world’s largest 3D seismic shoot to China’s BGP, under a contract worth $519 million.
Chevron reaches first oil at Sarta
Chevron has reached first oil at the Sarta field, in Kurdistan, from an early production facility.
CGG’s Sercel wins Saudi desert seismic work
CGG’s Sercel has won a contract to provide land seismic equipment for harsh environment work in Saudi Arabia.
Ex-Leighton exec arrested over Iraqi bribe claims
The Australian Federal Police (AFP) have arrested a man in Brisbane over corruption allegations tied to work carried out in Iraq.
Aramco awards long-term work to eight
Saudi Aramco has announced the award of long-term agreements (LTAs) with eight companies, focused on brownfield and plant upgrades.
Independent E&P firms that fail to adjust to energy transition will be gone by 2050, analyst says
Independent exploration and production (E&P) firms that fail to adjust to the energy transition face extinction before 2050, an analyst said today.
Energean’s Karish project 85% complete
Energean expects its Karish gas project in Israel to reach first gas in the fourth quarter of 2021 and the Edison E&P deal to close this December.
Adnoc, Total strike CCUS agreement
Total and Adnoc have signed a strategic framework agreement on CO2 reductions and carbon capture, utilisation and storage (CCUS).
Adnoc sees brighter days ahead
There are brighter days ahead for the oil industry, but companies must be agile and cut costs, Adnoc’s CEO Sultan Al Jaber said in opening remarks to the Adipec conference.
TPAO spuds follow-up Black Sea well
Turkey’s TPAO has begun drilling the Türkali-1 well, the first deepwater exploration in the country’s waters.
Lamprell, ADES win Saudi contracts
Lamprell and ADES International have announced new contracts in Saudi Arabia.
Adnoc dishes out onshore efficiency contracts
Adnoc has awarded $324 million worth of contracts to optimise field operations and enhance efficiency.
ADM lines up Dubai financing for Africa opportunities
ADM Energy has signed a co-operation agreement with Dubai Bridge Investments to work together on upstream investments in sub-Saharan Africa.
Costs, carbon at heart of Adnoc drive
Adnoc is considering how best to meet the world’s changing energy needs, although oil and gas will “remain at the heart” of the company’s business model, said Sultan Al Jaber.