McDermott awarded Middle East offshore EPCI contract

McDermott won a large contract from a Middle East customer for engineering, procurement, construction and installation services in...

ADNOC to explore downstream partnerships with OMV and Borealis

ADNOC agreed with Austria’s OMV and petrochemical company Borealis to explore new downstream sector partnerships...

TAQA posts 2018 profit jump on higher oil prices

Taqa reported a 2018 full-year profit of AED 398 million, more than double from the year before as oil and gas prices rose...

Genel posts 2018 loss on Miran write-down

Genel Energy reported a 2018 operating loss of US$254.6 million after a significant write down on Miran field assets...

Shearwater wins seismic contract off Turkey

Shearwater GeoServices said it was awarded a seismic acquisition and depth processing contract by Turkey’s state E&P company...

BP Oman renews Veolia Khazzan contract

BP said it has renewed a five-year contract with Veolia Middle East for a reverse osmosis raw water treatment plant in Oman’s...

ADNOC awards INPEX onshore exploration rights

ADNOC awarded exploration rights to Japan’s INPEX Corporation for the onshore block 4 that will see an investment of US$646...

Eni makes a new Egypt gas discovery

Eni announced a new gas discovery under evaluation in Egypt's Nour exploration prospect in offshore Nour North Sinai...

OPEC Feb output slips as Venezuela hit by crisis

OPEC’s February oil output eased slightly due to production cuts in Venezuela, Saudi Arabia, and Iraq, but these were offset by...

Eni farms out 30 pct in Tarfaya offshore Morocco

Eni agreed to farm out a 30 per cent participating interest in Tarfaya Offshore Shallow Petroleum Agreement, to an Arabian Gulf...