Middle East1 month agoAll the alternative routes for Middle East oil and gas to bypass the Strait of HormuzThe U.S.-Israeli war with Iran has disrupted shipping through the Strait of Hormuz, with only three vessels passing the waterway…
Middle East2 months agoOil prices plunge 11% after Iran says Strait of Hormuz is open for commercial vesselsThe S&P 500 and the Nasdaq both hit record highs. But questions remain about how the strait will be administered,…
Middle East2 months agoOil Prices Surge After U.S. Seizes Iranian Vessel Near HormuzOil prices climbed sharply in early Asian trade on Monday, as the U.S. Navy intercepted an Iranian vessel it accused…
Middle East2 months agoIEA Chief Says Oil, Gas Recovery Could Take Two Years After War DamageIt could take up to two years to restore a meaningful share of oil and gas production lost in the…
Middle East2 months agoSaipem wins $400 million Aramco offshore EPCI contracts at Safaniya fieldSaipem has been awarded two offshore contracts by Aramco worth a combined $400 million to support development work at the…
Middle East2 months agoIran Showing Signs of Capitulating Over Strait Of HormuzIran may halt its own oil shipments through the Strait of Hormuz for several days. Tehran is weighing a short-term…
Middle East2 months agoKuwait’s HEISCO reports formal award of $565mln KOC flowlines contractKuwait’s Heavy Engineering Industries & Shipbuilding Co. K.S.C (HEISCO) announced on Sunday that it has received a formal contract award…
Middle East2 months agoSaudi East–West crude pipeline back to full capacitySaudi Arabia has restored full pumping capacity on the 7mn b/d East–West crude pipeline and recovered production capacity lost at…
Middle East2 months agoBorr Drilling anticipates step-up in rig contracting gameBorr Drilling, an offshore drilling player with its corporate base in Bermuda, has shed light on operational and contracting activities…
Middle East2 months agoEnergean cleared to restart gas field off Israel after ceasefireIsrael’s Ministry of Energy and Infrastructure has allowed the restart of a second natural gas offshore field following the US…
