Adnoc awards block to Japan’s Cosmo
Japan’s Cosmo Energy Holdings has won exploration rights for Abu Dhabi’s Offshore Block 4, under the state’s second bid round.
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Kentech strikes deal to buy SNC-Lavalin’s oil and gas business
Energy services firm Kentech has struck a deal to buy Canadian engineering company SNC-Lavalin’s oil and gas division.
NOC spending plans at risk from climate goals
Investments by the world’s NOCs are incompatible with limiting climate change, according to new research published by the Natural Resource Governance Institute (NRGI).
QP takes LNG FID, hands win to Technip, Chiyoda
Qatar Petroleum (QP) has taken the final investment decision (FID) for the world’s largest LNG plant, which will increase the country’s production to 110 million tonnes per year.
Promotions for long-serving duo at pipeline tech firm Stats Group
Pipeline technology company Stats Group, of Kintore, has promoted two long-serving employees to senior executive positions.
SCA downplays Israel-UAE pipeline competition
The Suez Canal Authority (SCA) has denied that the reopening of the Eilat-Ashkelon pipeline would have an impact on flows through the Egyptian waterway.
Petrofac clinches deals worth £220m in Oman
Energy service firm Petrofac has clinched two contracts worth a total of £220 million through Petroleum Development Oman (PDO).
KOC awards Halliburton digital work
Kuwait Oil Co. (KOC) has awarded a contract to Halliburton to extend digital support to the North Kuwait asset.
Thailand’s PTTEP eyes more Middle East deals after $2.45bn BP pact
Thailand’s state-backed upstream player PTT Exploration & Production (PTTEP) said Monday that its $2.45 billion deal to buy a 20% stake in one of Oman’s strategic gas fields from UK major BP will pave the way for future investments in the Middle East.
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.
BP to raise $2.6bn from sale of 20% stake in prolific Oman block
BP has agreed to sell a 20% working interest in Oman’s Block 61 to PTTEP, of Thailand, for $2.6 billion.
UAE eager to build bridges to Biden admin
The day before US President Joe Biden was inaugurated in Washington DC, Adnoc’s CEO was speaking in support of the ties that bind the two.
Fresh investment of £1.6m secured at Deep Casing Tools
Bosses at Deep Casing Tools (DCT) will use a cash injection of £1.6 million to bring more ground-breaking oil and gas technology to the global market.
Weston bags £50k deal with operator in Eastern Mediterranean
Weston Compliance Services, of Aberdeen, has clinched a £50,000 deal to provide its “Compass” software to Energean Israel.
Adnoc cancels Shelf Drilling rigs
Shelf Drilling has reported an early termination for two of its rigs, both of which were contracted to Adnoc Drilling.
Tawke output slips in 2020
The Tawke licence in Kurdistan produced 110,300 barrels per day in 2020, DNO has reported, down from 124,000 bpd in 2019.
Abu Dhabi launches hydrogen plans, Siemens signs up
Adnoc, Mubadala Investment and ADQ have signed a memorandum of understanding (MoU) on launching the Abu Dhabi Hydrogen Alliance.
Adnoc seeks Japanese decarbonisation, Murban support
Adnoc has signed on to decarbonisation plans with the Japanese Ministry of Economy, Trade and Industry (METI) while also securing support for the launch of its new Murban future.
Energean takes FID on Karish North, signs new loan
Energean has taken final investment decision (FID) on its Karish North gas development, offshore Israel.
QP launches carbon cut strategy
Qatar Petroleum (QP) has launched a new sustainability strategy, aiming to reduce the emissions intensity of its LNG facilities by 25%.
Aramco employee killed in Nigeria
Unidentified gunmen have killed a Saudi Aramco employee in his home, in Nigeria.
Aubin Group celebrates new Middle East deals worth £12m
Chemical engineering specialist Aubin Group is celebrating a strong start to 2021 with the announcement of a series of contract wins worth more than £12 million.
Abu Dhabi’s $232bn Mubadala wants to take crack at top 10
Abu Dhabi’s Mubadala Investment Co. is overhauling its structure and deploying capital to double in size to nearly half a trillion dollars in the next decade, a plan that will vault it into the top ranks of the world’s sovereign wealth funds.
Dubai added to Scotland’s Covid travel quarantine list
Dubai has been added to Scotland's travel quarantine list with travellers returning from the country told to self-isolate for 10 days.
GMS wins cantilever work
Gulf Marine Services (GMS) has won a long-term contract for the GMS Evolution, its first under new management.