Saudi Arabia ///

ADNOC awards Japan's INPEX onshore exploration concession in block bid round

The Abu Dhabi National Oil Company (ADNOC) signed an agreement, awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s INPEX Corporation.

Saudis urge OPEC+ to stick with oil cuts as job not yet done

OPEC and its allies have much work ahead to balance global oil markets and are prepared to do what’s necessary in the second half, Saudi Energy Minister Khalid Al-Falih said.

Oil rises as Saudis are said to continue with deeper supply cut

Oil rose as Saudi Arabia was said to extend deep supply cuts into April.

Saudis hold firm on oil output cuts after Trump says "relax"

Saudi Arabia is leaning toward extending OPEC cuts into the second half of 2019, potentially pitting the group against U.S. President Donald Trump’s demand to keep prices down.

Aramco eyes LNG deals in next gas strategy

Saudi Aramco aims to become one of the world’s largest players in natural gas and the company is eyeing projects in Russia, Australia, America and Africa to kick-start a global business in the liquefied form of the fuel.

McDermott awarded substantial offshore EPCI contract from Saudi Aramco

McDermott International, Inc. has announced a substantial* contract award from Saudi Aramco for engineering, procurement, construction and installation (EPCI) services in the Marjan field, offshore Saudi Arabia.

Fluor awarded Halliburton chemicals project in Saudi Arabia

Fluor Corporation has announced that it was awarded the engineering, procurement and construction of the Halliburton Specialty Chemicals Manufacturing Reaction Plant located in the PlasChem Park, Jubail, Saudi Arabia. Fluor booked the undisclosed contract value in the fourth quarter of 2018.

ADES wins two onshore contracts in Saudi Arabia

ADES International Holding PLC, an oil & gas drilling and production services provider in the Middle East and North Africa, is pleased to announce that it has secured two onshore drilling contracts in the Kingdom of Saudi Arabia, following a competitive tender process.

The OPEC+ oil deal is standing on one wobbly leg

I know a little bit about standing on one leg; my daughter has encouraged me to learn to water ski. It’s not easy at my age, in England, in winter.

Aramco comes out to play on an empty playground

According to Khalid Al-Falih, Saudi Arabia’s energy and industry minister and chairman of Saudi Arabian Oil Co., “the world is going to be Saudi Aramco’s playground.” If it is, then that will be partly because some others have ceded ground.

Oil extends gain on Saudi output pledge, Trump trade flexibility

Oil climbed for a second day after Saudi Arabia pledged to deepen production cuts and U.S. President Donald Trump said he might extend a deadline for additional tariffs on China.

India’s PM Narendra Modi presents ADNOC Group CEO with “International Lifetime Achievement Award” at Petrotech 2019

His Excellency Dr. Sultan Ahmed Al Jaber, UAE minister of state and group CEO of the Abu Dhabi National Oil Company (ADNOC), was honored, today, with the “International Lifetime Achievement Award” for his outstanding contribution to the global energy industry.

Two competing forces are setting the price of oil

As winter keeps its grip on the northern hemisphere it is the oil bulls, not the bears, who have gone into hibernation. The price rally that greeted the new year has fizzled out as renewed concerns about demand growth outweigh the tightening of oil supply through OPEC cuts and U.S. sanctions.

ADNOC awards $1.36 billion contract for construction of Ghasha Concession Artificial Islands

The Abu Dhabi National Oil Company (ADNOC) announced, the award of a dredging, land reclamation and marine construction contract to build multiple artificial islands in the first phase of development of the Ghasha Concession.

WFW advises Foresight Group on delivery of third new-build jackup drilling rig

Watson Farley & Williams advised Foresight Group on the delivery arrangements relating to a LeTourneau Super 116E jackup drilling rig named Vivekanand 3.

How Donald Trump plays havoc with OPEC policy

If timing is everything, why does OPEC seem to keep getting it so wrong?

ADNOC awards OXY first onshore exploration block in Abu Dhabi

The Abu Dhabi National Oil Company (ADNOC) announced the signing of an agreement, awarding an onshore block – known as Onshore Block 3 – to U.S.

Wintershall has named new Middle East, Germany leaders

Helge Beuthan, currently V.P. for global subsurface evaluation, will take over the duties of Dr. Uwe Salge in Abu Dhabi on Feb. 1, 2019.

Oil surges to yearly high amid signs of lower Saudi shipments

Oil rose near $55/bbl, the highest since November, as a government report showed a steep drop in imports from Saudi Arabia.

Saudis pledge even deeper oil cuts in February under OPEC+ deal

Saudi Arabia will pump oil for six months at levels “well below” the voluntary production limit it accepted under OPEC’s oil-cuts accord, Energy Minister Khalid Al-Falih said.