Saipem teams with MDC to pursue offshore drilling work
Saipem and Modern Drilling Company (MDC) signed a memorandum of understanding to explore new offshore drilling opportunities, starting in the…
Middle East
SOCAR, Eni discuss expanding joint projects
The State Oil Company of Azerbaijan (SOCAR) and the Italian Eni company have discussed opportunities to expand cooperation on joint…
Middle East
Eni Completes Bouri Gas Utilization Project in Libya
Eni has completed the Bouri Gas Utilization Project offshore Libya, with start-up procedures underway to recover previously flared associated natural…
Middle East
Sustainable Aviation Fuel: Who Will Build the Global Supply Chain?
Regulation has made demand for sustainable aviation fuel a certainty, leading commodity traders to seek a route into a supply…
Middle East
Aramco hires KBR for work on oil & gas project in Arabian Gulf
This offshore engineering contract enables KBR to support Aramco’s field development program off the coast of Saudi Arabia. U.S.-headquartered science,…
Middle East
OPEC+ Keeps November Oil Output Targets Unchanged as War Limits Supply
OPEC+ agreed to keep its November oil production targets unchanged at a meeting on Sunday, as Middle East export disruptions…
Middle East
Arabian Drilling Wins $533 Million Four-Jackup Contract and Lifts Backlog to Record $4.8 Billion
Arabian Drilling has signed a four-year contract worth approximately $533 million with Khafji Joint Operations to provide four high-specification offshore…
Middle East
Kuwait Oil Company receives bids from four firms for offshore jack-up rigs
Kuwait Oil Company has received bids for offshore drilling rigs, with lowest offers from ADNOC Drilling at KD43.26 million, as…
Middle East
Arabian Drilling wins four-jackup offshore contract from KJO
Arabian Drilling signed a four-year contract with Khafji Joint Operations (KJO) on 28 September 2026 to provide four jackup rigs…
Middle East
Egypt moves to block $1bn BP sale to Israeli-linked Energean
Egypt has reportedly told BP it would not approve the proposed sale of some of the British energy giant’s oil…
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