Mubadala Acquires 15% Stake in Egypt’s Nargis Offshore Concession
Mubadala Energy, the Abu Dhabi-based international energy company, finalized the acquisition of a 15% stake in Egypt’s Nargis Offshore Concession…
Middle East
Head of Dubai-based ports giant quits after Epstein links revealed
The head of global ports operator DP World has left the company after mounting pressure over his links to convicted…
Middle East
Contracts
ABL awarded offshore gig at Egypt’s Kamose field
16 February 2026 – Energy and marine consultancy ABL has been appointed to provide marine warranty survey services to support…
Middle East
The Network
Evolve Sees Significant Growth and Global Impact in 2025
2025 has been a landmark year for Evolve, marked by rapid growth, global reach, and the delivery of impactful technology…
Middle East
Oil demand to hold above 100 million bpd through 2040, says ADNOC CEO
The head of Abu Dhabi National Oil Company (ADNOC) said global oil demand will remain above 100 million barrels per…
Middle East
Contracts
McDermott Awarded EPCI Contract for Al Nasr Field Development Project
McDermott has been awarded a major* contract by ADNOC for engineering, procurement, construction and installation (EPCI) services for the Nasr-115…
Middle East
Features
OGV Energy’s Middle East Oil & Gas Review
By Tsvetana Paraskova OPEC’s decision on near-term oil production levels and a new mechanism to assess quotas in the longer…
Middle East
Subsea
Wood Mackenzie: five subsurface themes shaping upstream exploration and development in 2026
Global upstream exploration spending is expected to dip below the US$20 billion annual average of the last five years as…
Middle East
Contracts
McDermott lines up major ADNOC offshore awards
McDermott International is set to secure multiple offshore engineering, procurement and construction (EPC) contracts from Abu Dhabi National Oil Company…
Middle East
The Network
Tenth anniversary closes with financial landmark achievement
Multi award-winning torque specialist EnerQuip brought its tenth anniversary celebrations to a close by announcing that it is on track…
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