Saudi oil reserves jump 12 pct in latest BP review

Saudi Arabia’s oil reserves were revised upwards by 12 per cent in BP’s new Statistical Review...

Sonatrach signs Portugal gas supply extension deal

Algeria’s Sonatrach agreed with Galp to extend by 10 years a contract to supply natural gas to Portugal...

ENOC secures $690 mln term loan from Chinese banks

ENOC Group said it has secured a five-year US$690 million term loan from a Chinese consortium of banks...

Siemens to boost Egypt’s power digitalisation

Siemens signed an agreement with the Egyptian Electricity Transmission Company (EETC) to supply the country’s first digital power...

Saudi signals deal near for production cuts extension

Saudi Arabia has recommended an extension of oil production cuts by OPEC and its allies at current levels to stabilise prices.

BP to sell mature oil assets in Egypt to Dragon Oil

BP said it agreed to sell its interests in Gulf of Suez oil concessions in Egypt to Dragon Oil, the Dubai-based oil and gas...

Deep Casing Tools secures Middle East supply contract

Deep Casing Tools, the Aberdeen-headquartered well technology business, secured a US$3 million Middle East contract to supply...

TransGlobe get Egypt South Ghazalat lease approval

TransGlobe Energy received an approval of a new development lease for Egypt’s onshore South Ghazalat concession...

ADES sees strong Q1 operational growth

ADES International sees strong operational performance in the first quarter as the company won new contracts and rig utilisation...

ENOC plans to add 50 retail service stations for Expo 2020

ENOC Group announced plans to add 62 retail and service stations to its network by 2020 to meet the requirements of Expo 2020...