Technip Energies wins KOC project management work
Technip Energies has won a project management consultancy (PMC) contract from Kuwait Oil Co. (KOC).
Middle East
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Adnoc to invest $15bn in low carbon drive
The company aims to capture 5 million tonnes per year of CO2 by 2030, it has said. Adnoc’s Al Reyadah facility captures 800,000 tpy currently. The next major investment will come at the Habshan gas processing facility, using local geology.
Zenith strikes deal for OMV’s Yemeni assets, share price jumps
Zenith said there were near-term growth opportunities. This would involve infill drilling and sidetracks for six new wells, boosting output to 15,000 bpd.
Borr adds two more contracts, nears 100% utilisation
Borr Drilling has signed contracts for two of its jack-up rigs, in the Middle East and Southeast Asia.
TPAO adds more gas with Black Sea’s Caycuma find
Turkey’s TPAO has added another 58 billion cubic metres of gas to its holdings with a discovery at the Caycuma-1 well.
AD Ports teams up with Kazakh unit for Caspian work
AD Ports Group has agreed to launch a joint venture with Kazakhstan’s national oil company to provide shipping services in the Caspian Sea.
Japan taps Oman, US for LNG supplies
Japanese companies have struck a number of LNG deals, as the government pushes to lock in future energy supplies.
Qatar extends Japan’s offshore oil deal
However, QPD launched its work in the late 1990s and began producing in March 2006. The fields have now produced 33.5 million barrels of oil.
Adnoc buys a quarter stake in OMV
Adnoc has struck a deal to buy a 24.9% stake in Austria’s OMV, for an undisclosed price, from Mubadala Investment.
KCA Deutag tots up contract wins, Omani electrification
KCA Deutag President Land Simon Drew said the contract extensions are “a key part of our strategy to grow our business in key markets such as the Middle East”.
‘He was a one-of-a-kind’: Family tributes to worker killed on Qatar oil rig
38-year-old Robert Robson, of Tyne and Wear, was killed in the incident in the Persian Gulf.
Family of man who died on Qatar offshore platform could get to decide if killer is hanged
The family of an oil worker found dead onboard an offshore platform in Qatar could get to decide if his killer lives or dies, it emerged today.
‘He got hit over the head with a pipe’: Qatar offshore attack survivor’s family tell of ‘complete shock’ after murder
Mr Begley’s father Dennis, 64, said: “They all work together. There’s been no animosity between any of them. This seems to be completely random."
Adnoc Drilling adds two more jack-ups
Adnoc Drilling has bought another two jack-ups for $200 million, as it continues its expansion programme.
Genel set to write down value of Sarta field
Genel Energy has said its Sarta field, in Kurdistan, has fallen short of expectations and the company will need to impair the asset’s value.
Petrofac lands EPC contract with ADNOC in the UAE
The UK-based Petrofac (LON: PFC) has secured an engineering, procurement and construction (EPC) lump-sum contract with ADNOC in the United Arab Emirates (UAE).
TotalEnergies targets Lebanon well in 2023
TotalEnergies aims to drill “as soon as possible” in Lebanon’s Block 9, in 2023, following talks with the Lebanese government.
China, Saudi sign deals as Xi gets warm welcome in Riyadh
China and Saudi Arabia signed a number of agreements, including on energy and investments, after their leaders met in Riyadh on Thursday at a summit that showcased deep and growing ties beyond oil.
Chevron greenlights Tamar expansion
Chevron (NYSE:CVX) has taken a final investment decision (FID) to expand the Tamar field, offshore Israel.
Saudi Arabia and China team up on energy and climate
The King Abdullah Petroleum Studies and Research Center (KAPSARC), a leading Riyadh-based advisory think tank, has signed a memorandum of understanding (MoU) with the Economics & Technology Research Institute (ETRI), a research institute affiliated with the China National Petroleum Corporation (CNPC), to foster cross-regional cooperation in energy research.
Adnoc stakes its claim to meet the world’s energy needs
Adnoc has the goal of being the world’s lowest-cost oil producer of choice. Unlike some of its IOC competitors, struggling to come to terms with the demands of meeting today’s energy needs and tomorrow’s transition, it is willing to put the money in.
Havfram Subsea unveils new managing director following spin-out
Private-equity backed Havfram Subsea has named its new managing director for the company’s UK operation.
Petronas signs historic unconventional deal in Abu Dhabi
Petronas has signed a concession for the first unconventional oil concession in the Middle East, during a high-level visit.
Germany lost to Japan…but still put its foot on the gas in Qatar
Since I’m on my way to Doha as I write, what better subject than LNG and the boom which will keep the dollars flowing into Qatar for decades to come.
STATS tackles ‘world first’ subsea pipeline intervention in Middle East
STATS Group has been commissioned to provide pipeline isolation, hot tapping and plugging services to the world’s largest diameter subsea pipeline intervention project in the Middle East.
