ADNOC invests $1billion in 60-year-old Umm Shaif oil field
ADNOC has announced an investment of nearly $1billion to extend the life of the Umm Shaif oil field which started up 60 years ago.
Offshore
McDermott wins offshore work for Qatari LNG project
QatarEnergy (QE) has awarded a major construction contract on its LNG expansion project to McDermott Middle East.
SFO under fire over disclosure as Unaoil conviction crumbles
The Serious Fraud Office (SFO) saw one of its Unaoil convictions thrown out earlier this month and appeals for a second are moving ahead.
Vantage sells three jack-ups to Saudi-owned ADES
Vantage Drilling International has agreed to sell three jack-up rigs to ADES Arabia, owned by Saudi Arabia’s Public Investment Fund (PIF).
Delek to return cash to backers after Tamar sale completion
Delek Drilling has completed the sale of its stake in the Tamar field to Mubadala Petroleum for $1.1 billion.
Technip Energies, TechnipFMC take Adnoc work
Technip Energies has won work to update the front-end engineering design (FEED) on the Ghasha mega project. Meanwhile, TechnipFMC has won a contract worth more than $1 billion from Adnoc.
Aramco dishes out offshore work to McDermott, Worley
Saudi Aramco has awarded three contracts to McDermott offshore in the Arabian Gulf, shortly after handing Worley offshore work.
Lebanon launches offshore bid round at Petex
Lebanon has launched its second offshore bid round, lowering a number of hurdles in a bid to attract new investors.
Adnoc dishes out $1.46bn in Dalma EPC contracts
Adnoc has awarded two engineering, procurement and construction (EPC) contracts worth $1.46 billion for the Dalma gas project, on the Ghasha concession.
Energean faces termination claim at Karish
Israeli power producer Dalia Power Energies has opted to terminate its gas purchase from Energean’s Karish and Tanin developments.
Subsea 7, Schlumberger win major Turkish work
Subsea 7 and Schlumberger will work together to provide subsurface equipment to Turkey’s TPAO for the Sakarya field development.
Delek signs off on Tamar sale with Mubadala
Delek Drilling has signed the sale and purchase agreement with Mubadala Petroleum on the sale of a 22% stake in the Tamar field.
Qatargas takes up two more Saipem options
Qatargas will exercise two options for additional work on the North Field Production Sustainability (NFPS) offshore project under a contract with Saipem.
Cairn eyeing Tamar stake offshore Israel
Cairn Energy has been linked with a potential purchase of a stake in Israel’s offshore Tamar gas field from Delek Drilling.
PIF deal cuts risk for ADES of contract renegotiations
Saudi Arabia’s purchase of ADES International reduces the risk that the company’s contracts be cancelled or renegotiated, Fitch Ratings has said.
Saipem wins more North Field work
Qatargas has awarded a letter of award for pipelines under the North Field Production Sustainability (NFPS) project to Saipem.
Israel blames illegal Iranian oil delivery for beach pollution
Israel has pointed the finger of blame for pollution of its beaches at Iran, saying an illegal delivery of crude to Syria had gone awry.
Egypt, Israel eye expansion of EMGF
Egypt and Israel are working on plans to expand the East Mediterranean Gas Forum (EMGF) into energy security, electricity infrastructure and emissions controls.
Lamprell wins Saudi work at Marjan
Lamprell has won an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco on the Marjan field.
Saipem wins $1.7bn Qatargas contract
Qatargas has awarded a $1.7 billion contract to Saipem for work on the North Field project.
Egypt talks Leviathan, Gaza Marine plans
Israeli and Egyptian ministers have met to talk about a proposed pipeline from the Leviathan field to LNG plants.
Israel hunts ships as tar closes beaches
Israel has warned its citizens against going to the country’s Mediterranean Sea beaches as tar balls wash up on land.
Opsealog: Better shipping through efficiency
Shipping efficiency will play an important part in the energy transition, reducing emissions and cutting costs.
PTTEP, Kufpec make historic gas find off Malaysia
PTT Exploration and Production (PTTEP) and Kuwait Foreign Petroleum Exploration Company (Kufpec) have made a major gas find while drilling offshore Malaysia.
Geopolitics threaten to derail East Med local development plans
Despite discussion around East Mediterranean’s gas having a global impact, it is locally that will be the most important, speakers at a recent event said.