Saipem awarded Aramco’s offshore contracts worth $1.3 bln

Saipem wins two EPCI contracts worth about US$1.3 billion to develop Saudi Aramco’s offshore fields in Berri and Marjan...

OPEC Dec figures down as Saudi Arabia drops oil production

OPEC scaled back oil production in December ahead of an official reduction plan meant to bring down global inventories and prop up...

Gulf Keystone Petroleum delays production target on Shaikan

Gulf Keystone Petroleum pushes production target date to early 2020 as it faces a slight delay in kicking of a drilling campaign...

Genel sees production boost in 2019 as cash flows free

Genel Energy forecast a 2019 production rise as it plans three more wells at Taq Taq field, after generating material free cash...

Eni, OOCEP win Oman onshore production sharing deal

Eni and the state company Oman Oil Company Exploration and Production entered into an Exploration and Production Sharing Agreement...

Eni signs exploration agreements in Sharjah and Bahrain

Italy’s Eni said it signed onshore oil and gas exploration concessions in Sharjah, UAE and an offshore block in Bahrain.

ADNOC awards offshore blocks to Eni and PTTEP

ADNOC awarded two offshore blocks to a consortium led by Eni and PTTEP that will see US$230 million invested in exploration...

Tendeka wins Middle East contract to lift oil recovery

UK’s completions company Tendeka said it secured a multi-million-pound contract to boost oil recovery in Middle East.

Saudi Arabia reveals increased oil and gas reserves

Saudi Arabia announced an increase in its oil and gas reserves, revealing for the first time details about the world’s largest...

TechnipFMC, MMHE sign Saudi Aramco offshore deal

Technip FMC and Malaysian engineering partner MMHE signed a six-year offshore agreement with Saudi Aramco for developing offshore...