MENA ///

KCA Deutag secures $460m of land drilling contracts in the Middle East, Africa and Europe

Global drilling and engineering contractor KCA Deutag announced that its land drilling operation has won new contracts worth approximately $460m in the Middle East, Africa and Europe.

Injazat and Lamprell collaborate to digitize the Middle East’s renewables and energy sectors

Injazat, a market leader in digital transformation and Lamprell, a leading provider of fabrication, engineering and contracting services to the offshore and onshore oil & gas and energy sector, have started collaborating to create and market innovative digital solutions focused on the oil and gas and renewables markets.

CGG expands Middle East presence with regional geoscience center in Abu Dhabi

CGG has established a Regional Geoscience Center in Abu Dhabi to deliver geophysical, geological and reservoir technology and support to clients across the Middle East.

Regional report: MENA

Ron Bitto, Contributing Editor

Leading producers plan to increase output, replace reserves

Qatar seeks Exxon, Shell, other "big players" for gas expansion

Qatar has invited Exxon Mobil Corp., Royal Dutch Shell Plc, Total SA, ConocoPhillips and other “big players” to submit bids to help expand its part of the world’s largest natural gas field, Energy Minister Saad Sherida Al-Kaabi said.

First oil

Kurt Abraham, World Oil

Another mixed outlook awaits the E&P sector

Saudis have few good options in talks with OPEC+ allies

Saudi Arabia is considering means to end the slump in oil prices, but the options available to them are scarce.

OPEC+ mission to buoy oil market enters make-or-break phase

The latest mission by OPEC and its partners to contain an oil glut is entering its most critical phase.

Aramco IPO bankers question whether deal is worth the effort

When Saudi Arabia announced plans to sell shares in its crown jewel Aramco, international bankers scrambled to get a piece of the action. Three years on, they’re questioning whether what could be the world’s biggest IPO is worth their time and effort.

Oil extends loss as U.S. and Iran signal return to negotiations

Oil extended losses below $60/bbl on the prospect of easing tensions between the U.S. and OPEC member Iran, and as Gulf of Mexico producers began resuming operations after a storm.

Sparrows Group secures approved supplier status from Saudi Aramco

Global specialist equipment and integrated engineering services company, Sparrows Group, has bolstered its position in Saudi Arabia after securing vendor approval status from the national oil company, Saudi Aramco.

McDermott wins FEED contract for Sohar LNG bunkering project in Oman

McDermott International, Inc., announced it has been awarded a sizeable contract by Total Oman E&P Development B.V. in partnership with Oman Oil Company S.O.A.C. to provide front-end engineering design (FEED) services for the Sohar LNG bunkering project in Oman.

Saudis pledge to keep doing OPEC's heavy lifting as shale surges

Saudi Arabia is fulfilling its pledge to make deeper cuts in oil output than the OPEC+ agreement on output requires, according to the first indication of the kingdom’s production since the supplier group extended curbs earlier this month.

McDermott awarded sizeable offshore engineering contract by Qatar Petroleum

McDermott International, Inc., announced it has been awarded a sizeable contract by Qatar Petroleum (QP) to carry out front-end engineering and design (FEED) work for offshore wellhead platforms, pipelines and cables associated with the North Field Expansion (NFE) project.

McDermott wins record EPCI mega-project for Marjan Package 1

McDermott International, Inc., has announced that it has been awarded a contract in excess of $3 billion for Package 1 of Saudi Aramco's Marjan Increment Development Mega-Project to provide engineering, procurement, construction and installation (EPCI) of the Gas-Oil Separation Plant (GOSP), in a consortium with China Offshore Oil Engineering Company (COOEC).

Aramco awards $18 billion in deals to boost capacity, despite OPEC pledge to restrict output

Saudi Aramco, the world’s largest crude exporter, awarded $18 billion in contracts to boost output capacity at two offshore oil fields even as the kingdom and its OPEC partners restrict production.

Oil and gas in the capitals

Dr. Anas Alhajji, Contributing Editor

Middle Eastern Oil: Is Trump making the situation worse?

Iran says seized oil tanker in Gibraltar wasn't sailing to Syria

Iran said an oil tanker that was seized by British forces near Gibraltar wasn’t destined for Syria.

Bombed oil tanker near Persian Gulf now shipping fuel to Iran

An oil tanker damaged in a bombing that was blamed on Iran is back in business. The ship’s first destination: Iran.

Libyan military leader says only Tripoli can sell nation's crude

Libya’s most powerful military leader said the state oil company in Tripoli has the sole right to sell the nation’s crude, a statement that might ultimately help stabilize production that has swung wildly for almost a decade because of ongoing conflict.