Middle East5 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 East5 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 East5 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 East5 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…
Middle East5 months agoOil Prices Rise as Iran Signals Hormuz ClosureIran has reportedly closed the Strait of Hormuz again, less than 24 hours after agreeing to a ceasefire deal with…
Middle East5 months agoEmpty ships and shut wells: Why the Iran war oil crisis is not over yetThe US-Israel war on Iran has removed hundreds of millions of barrels from oil markets. After 40 days of fighting,…
Middle East5 months agoTrump wants Strait of Hormuz open ‘without limitation, including tolls’ during Iran ceasefire: White HouseThe fragile ceasefire between the U.S. and Iran depends on the Strait of Hormuz being opened for ships “without limitation,…
Middle East5 months agoTrump-Iran agree to two-week ceasefire, plan to open Strait of HormuzPresident Donald Trump on Tuesday said he agreed to suspend planned attacks on Iranian infrastructure for two weeks, backing off…
Middle East5 months agoHormuz impact growing amid fears of ongoing Iranian controlAs the cost of crude oil continued to rise there are now fears that the threats to passage through the…
Middle East5 months agoEni Withdraws From Offshore Gas Exploration Consortium in IsraelEni S.p.A, an Italian integrated energy company, stepped away from a consortium that was seeking to explore natural gas offshore…
