SLB wins seven-year KOC innovation contract focused on AI, production optimization
SLB has been awarded a seven-year contract by Kuwait Oil Company (KOC) under the Ahmadi Innovation Valley (AIV) initiative, supporting…
Middle East
Saipem to sell Saudi shallow-water drilling business to ADES for $285 mln
Italian energy contractor Saipem, has agreed to sell its shallow-water offshore drilling business in Saudi Arabia in a deal worth…
Middle East
TotalEnergies acquires 10% stake in Bab Gas Cap concession
ADNOC Onshore operates the Bab Gas Cap concession in Abu Dhabi in partnership with bp, CNPC, JODCO/INPEX, ZhenHua and GS…
Middle East
Dozens injured, 18 missing after blast during restart at giant Qatar LNG site
The blast rattled windows and was felt across central Doha, panicking residents more than 70 kilometres from Ras Laffan Fifty-four…
Middle East
Wood Secures Five-Year Long-Term Agreement With Saudi Aramco Covering Engineering, Design and Project Management Across Oil, Gas, Refining and Hydrogen
Wood has won a new five-year Long-Term Agreement with Saudi Aramco to deliver engineering, design and project management services across…
Middle East
Brent drops on prospects of more Iranian oil
Brent crude prices fell on Monday after U.S.-Iran talks in Switzerland ended with Iran announcing it had secured waivers for…
Middle East
80 Million Barrels of Crude Are Lined Up to Exit the Strait of Hormuz
Tankers carrying a total of 80 million barrels of crude are preparing to move through the Strait of Hormuz after…
Middle East
Three Saudi oil tankers transit Strait of Hormuz following U.S.-Iran accord
Three Saudi-flagged supertankers carrying around six million barrels of crude oil transited the Strait of Hormuz on Thursday, according to…
Middle East
Oil falls to 3-month low on Hormuz reopening hopes
Oil prices continued to decline on Wednesday, with the international benchmark Brent crude trading well below $80 per barrel for…
Middle East
ConocoPhillips poised to sign gas development deal with Syria
U.S. energy giant ConocoPhillips is expected to sign an agreement with Syria’s transitional government to develop gas fields and boost…
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