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French oil giant Total is set to reveal contract awards to oilfield equipment and services suppliers as part of its South Pars Phase 11 project development offshore Iran.
As part of Abu Dhabi’s first ever block licensing strategy and on behalf of the Supreme Petroleum Council, ADNOC has launched the details of the initial round of six geographical oil and gas blocks open for bidding.
ADNOC Drilling, an ADNOC subsidiary, on Monday marked the graduation of 333 Emiratis from its Drilling Training Center, as ADNOC evolves to seize the opportunities created by the technology transformation taking place in the oil and gas industry.
The most popular articles of the week
OMV is next in line to sign an agreement with UAE’s ADNOC for interest in the Middle Eastern company’s offshore oil fields.
The international offshore rig count for March 2018 dropped both sequentially and year-over-year, according to a Friday report by Baker Hughes, a GE company.
Following the news on Bahrain making its largest oil discovery ever, the country has also put a number to it –“at least 80 billion barrels.”
A consortium between India’s Larsen & Toubro and UK’s Subsea 7 has won a contract for three gas production deck modules by Saudi Aramco.
Wood Mackenzie in 2017 saw a significant recovery in upstream FIDs, with the number of project sanctions more than doubled compared to 2016. Woodmac expects a similar total this year – circa 30 major project FIDs – supported by continued prudence in industry spending.
Oil company Shell has decided to divest its stake in an offshore block in Palestine. The company, through its affiliate BG Great Britain Limited, has reached an agreement with Palestine Investment Fund (PIF) to divest its entire interest and operatorship in the Gaza Marine license. Gaza Marine licen
Bahrain has said it has made a huge oil discovery off the west coast of the country, “the largest oil discovery since 1932.”
Discussions between Dubai-based Gulf Navigation (GulfNav) and Singapore-based Atlantic Navigation for the sale of equity stake in Atlantic have come to naught.
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