Middle East2 months agoOil Majors Reap $93 Billion Windfall From the Iran WarOil prices have soared in recent months as a result of the almost complete closure of the Strait of Hormuz,…
Middle East2 months agoIran attacked two UAE vessels in the Strait of Hormuz – Abu Dhabi National Oil CompanyTwo vessels belonging to Abu Dhabi’s national oil company were attacked in the Strait of Hormuz; there were no casualties.…
Middle East2 months agoSaudi offshore drilling recovery accelerates as rigs restartSaudi oil and gas drilling contractor Arabian Drilling said on Wednesday that all its suspended offshore rigs in the kingdom…
Middle East2 months agoADES resumes all suspended offshore rigs in Saudi ArabiaADES received resumption notices for all of its offshore rigs that had been temporarily suspended in Saudi Arabia. The resumptions…
Middle East2 months agoExxon Links New $80 Billion Kazakh Oil Venture to Feud EndExxonMobil Holdings Corp. has told Kazakhstan that a potential $80 billion joint investment to expand the Kashagan oil field is…
Middle East3 months agoSubsea7 lands up to $150m Shell pipeline job off BruneiSubsea7 has secured a contract worth between $50m and $150m from Brunei Shell Petroleum for a pipeline replacement project offshore…
Middle East3 months agoOPEC+ Agrees September Oil HikeOPEC+ approved an oil production quota increase on Sunday of around 188,000 barrels per day from September, the producer group…
Middle East3 months agoIraqi Drilling Company Completes Rehabilitation of Two Oil Wells in West Qurna and Zubair FieldsAccording to a company statement received by the Iraqi News Agency (INA), the work was carried out in implementation of…
Middle East3 months agoBP to boost Egypt’s Mediterranean gas outputUK energy company BP is set to increase natural gas production from an existing well off Egypt’s Mediterranean coast as…
Middle East3 months agoPlatts MOC Process Sees Physical Delivery of 500,000 Barrels of Oman Crude for July LoadingParticipants in the Platts Middle East crude Market on Close assessment process have finalized the physical delivery of 500,000 barrels…
