SDX Energy hits gas in Egypt

SDX Energy announced that it successfully flowed gas after drilling at its Sobhi discovery, on the South Disouq exploration...

Saudi Arabia’s price push for oil market dominance in Asia

Gavin Thompson Wood Mackenzie's Asia Pacific Vice Chair talks about Saudi Arabia’s price push for oil market dominance in Asia

Pharos decides against buying Shell's upstream assets in Egypt

Pharos Energy has announced that after evaluating Shell Egypt's upstream portfolio in the Western Desert it has decided against it...

Japanese firm to do feasibility study for petrochemical plant in KSA

JXTG Nippon Oil & Energy Corporation announced that it will conduct the feasibility study of a new Ethylidene Norbornene (ENB)...

SDX Energy hits more gas in Egypt

SDX Energy has found a commercial discovery of gas after drilling at the Sobhi well in the South Disouq exploration permit onshore...

Saipem awarded Egypt's first polybutadiene plant

Saipem has been awarded a contract worth US$150 million by Ethydco for the first polybutadiene-producing facility in Egypt

OPEC sees oil demand falling

OPEC in its monthly report said that demand for crude oil would drop to 20 million barrels per day in April, about one-fifth of...

ADNOC cancels contracts for the Dalma gas development project

Petrofac announced that its Petrofac Emirates joint venture with Sapura Energy has received notice of termination from ADNOC of...

Rig builder Lamprell to to reduce operations to one yard

Lamprell will consolidate its operations to one yard, down from three as part of plans to significantly reduce cost and improve...

APICORP posts 17 pct net income growth for 2019

The Arab Petroleum Investments Corporation (APICORP), a multilateral development financial institution, posted a 17 per cent...