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…
Middle East
$6.2bn gas investment reflects the UAE’s evolving energy model
Umm Shaif may not be a household name to many outside the energy sector, but this oil field about 150…
Middle East
Brent oil tops US$90 as US, Iran intensify attacks in Middle East
Oil prices jumped 3 percent on Monday, with Brent surpassing US$90 (HK$702) a barrel, as the United States and Iran…
Middle East
BP, ConocoPhillips Partner In Iraq’s Giant Oilfield
ConocoPhillips agreed to acquire a 42% stake in BP Plc’s development subsidiary covering four major oilfields in the Kirkuk region…
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