
Italian oil and gas company Eni has made a gas discovery in its first exploration well in waters offshore Abu Dhabi.

KUFPEC has revealed its first operated offshore gas discovery, following a successful drilling campaign in the Anambas Block, off Indonesia.

Westwood Global Energy has revealed that frontier exploration drilling fell to the lowest level ever recorded by the company.

Energean expects an eventful year ahead as it is working to achieve several important milestones for its project located offshore Israel.

Abu Dhabi-based rig operator is now only 1 rig shy of 100 following an introduction of two more jack-up rigs to its fleet.

Global oil & gas investments will expand by $26 bln this year as the industry continues its recovery from the pandemic, Rystad Energy says.

Westwood Energy and its energy transition team gave us their views on the main trends that oil and gas firms should watch in 2022.

McDermott has confirmed a recent contract award with QatarEnergy, saying it is one of the largest single contracts McDermott has been awarded in its company history. The structures will be fabricated in a facility with low-carbon or renewable power as part of McDermott’s sustainability commitments.

Italian oil and gas company Eni has been awarded five new exploration licences by the Egyptian Ministry of Petroleum.

The market for FPSO units almost brushed off the pandemic’s effect in 2021 and is likely to continue apace in 2022, Rystad Energy says.

UAE’s state-owned energy giant ADNOC will be investing nearly $1 billion in the long-term development of the Umm Shaif field.

Saudi oil and gas giant Saudi Aramco has awarded a contract for an offshore project to UAE’s NPCC worth around $2.2 billion.

QatarEnergy has awarded a major EPCI contract for the offshore scope of its North Field Expansion Project to McDermott.

S&P Global Platts Analytics expects the Middle East to struggle to reach net-zero targets as emissions from oil & gas are expected to rise.