GENI Index
78▲+2
Brent Crude
$88.26▼-0.71%
WTI
$82.26▼-1.4%
Natural Gas
$2.75▼-1.79%
Global rig count
588▲+10
GENI Index
78▲+2
Brent Crude
$88.26▼-0.71%
WTI
$82.26▼-1.4%
Natural Gas
$2.75▼-1.79%
Global rig count
588▲+10
Saudi offshore drilling recovery accelerates as rigs restart
Saudi oil and gas drilling contractor Arabian Drilling said on Wednesday that all its suspended offshore rigs in the kingdom…
Middle East
ADES resumes all suspended offshore rigs in Saudi Arabia
ADES received resumption notices for all of its offshore rigs that had been temporarily suspended in Saudi Arabia. The resumptions…
Middle East
Exxon Links New $80 Billion Kazakh Oil Venture to Feud End
ExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is…
Middle East
Subsea7 lands up to $150m Shell pipeline job off Brunei
Subsea7 has secured a contract worth between $50m and $150m from Brunei Shell Petroleum for a pipeline replacement project offshore…
Middle East
OPEC+ Agrees September Oil Hike
OPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group…
Middle East
Iraqi Drilling Company Completes Rehabilitation of Two Oil Wells in West Qurna and Zubair Fields
According to a company statement received by the Iraqi News Agency (INA), the work was carried out in implementation of…
Middle East
BP to boost Egypt’s Mediterranean gas output
UK energy company BP is set to increase natural gas production from an existing well off Egypt’s Mediterranean coast as…
Middle East
Platts MOC Process Sees Physical Delivery of 500,000 Barrels of Oman Crude for July Loading
Participants in the Platts Middle East crude Market on Close assessment process have finalized the physical delivery of 500,000 barrels…
Middle East
Oil tops $100 as Middle East tensions rattle markets after Sarb rate decision
Oil prices surged above the psychologically significant $100 a barrel mark on Friday morning as escalating conflict in the Middle…
Middle East
Egypt Approves Oil and Gas Deals Including Perenco North Sinai Project
Egypt’s parliament approved four oil and gas exploration and development agreements on Wednesday, including a North Sinai project involving Franco-British…
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