MENA ///

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.

Trump attacks OPEC again, warning against high oil prices

President Trump resumed his attacks on OPEC, saying the world is too fragile to handle a price hike and urging the cartel to “relax and take it easy.”

Israel's chief geologist says latest bidding round offers changes and upgrades

The history of Israel’s gas and oil development can be subdivided into two distinct periods: 1955 to 1995, and 1999 to today. In the first period, roughly 450 wells were drilled onshore and offshore Israel.

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.

Tubacex and Senaat join forces to grow in the Middle East

Tubacex and Senaat, an industrial investment holding company owned by the Emirate of Abu Dhabi, have started a strategic partnership to support the development of energy projects in the Middle East.

Weir Oil & Gas awarded contract with Expro for repair of Powerchoke products

Weir Oil & Gas Dubai announced that it has signed a contract with Expro to provide authorized repairs, specifically for Expro’s PowerChokes product range.

BHGE strengthens presence in Qatar across fullstream operations

Baker Hughes, a GE company (BHGE), the world’s first fullstream oil and gas company, has signed a Memorandum of Understanding (MoU) with Qatar Petroleum (QP) to unlock new opportunities to expand its presence in the country and to support Qatar Petroleum’s Tawteen Program.

Qatar Petroleum launches energy sector localization program - Tawteen

His Excellency Sheikh Abdullah Bin Nasser Bin Khalifa Al-Thani, the Prime Minister and Interior Minister, launched Qatar Petroleum’s Localization Program for Services and Industries in the Energy Sector “Tawteen” – an initiative to enhance localizing the sector’s supply chain and expand the small and medium enterprises base.

KCA Deutag awarded drilling contracts in Middle East, Russia and Africa

Global drilling and engineering contractor KCA Deutag has announced that its land drilling operation has won new contracts and contract extensions worth approximately $110 million. These contracts are for onshore drilling in the Middle East, Russia and Africa.

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.

Shrinking demand may necessitate OPEC production cut extension

Even as OPEC begin implementing the output cuts they agreed in December, the world’s crude requirements are shrinking further, suggesting that they will need to extend the deal through the second half of the year.

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.

RSS design aimed at a growing scope of directional drilling demands

John Clegg, Weatherford

A novel rotary steerable system addresses maintenance, downhole motors, and hole geometry in a new light.

DEA awarded new license in the onshore Nile Delta

The Egyptian Natural Gas Holding Company (EGAS) has awarded one new license to DEA in its 2018 Bid Round. The East Damanhour exploration block (originally offered as Block 10) is covering 1,418 km2 and is located west of the Disouq development leases, where DEA is the operator with a licence share of 100%.

Neptune Energy awarded oil exploration license in Egypt

Neptune Energy has today been awarded an operated oil exploration license in the North West El Amal offshore concession in Egypt by the Egyptian General Petroleum Corporation.

World of oil and gas

Emily Querubin, World Oil

The Huizhou 32-5 oil field comprehensive adjustment/Huizhou 33-1 oil field joint development project reportedly started production.

SDX expands presence in Morocco with new licenses, seismic commitment

SDX Energy Inc., the North Africa focused oil and gas company, is pleased to announce that it has increased its presence in Morocco with the awards of the Moulay Bouchta Ouest and Lalla Mimouna Sud licenses.