KCA Deutag Bags Algeria Deals
15/11/2017 05:21 GMT

KCA Deutag’sland drilling operation was awarded new contracts for five rigs with a combined contract value of US$48 million, one of those contracts is out of Africa. The company’s operations in... More

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Minister Leads Bahrain at Abu Dhabi Oil Event
16/11/2017 05:54 GMT

Bahrain’s Oil Minister Shaikh Mohammed bin Khalifa Al-Khalifa is leading the Bahraini delegation at the Abu Dhabi International Petroleum Exhibition and Conference (Adipec) this week. Adipec is the... More

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Egypt to Stop LNG Imports in 2018
16/11/2017 09:13 GMT

Will Egypt see its import of LNG end in the near future? According to the country’s petroleum minister, Tarek El Molla, it will. The minister said that imports of LNG should end in 2018 and Egypt may... More

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Berlanga Pens Iran MoU
16/11/2017 08:53 GMT

National Iranian Oil Company (NIOC) and Singapore's Berlanga signed a memorandum of understanding (MoU) for the latter to start studies on development of Iran's Dalpari Oil Field. The deal was signed... More

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KCA Deutag Wins New Iraq Drilling Contracts
15/11/2017 09:54 GMT

UK-based drilling and engineering contractor KCA Deutag has announced that it has been awarded a one year contract for two rigs to carry out land drilling operations in Southern Iraq. Its T-210 rig... More

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Kuwait-Based Carrier to Get 25 A320neo Family Aircraft
15/11/2017 07:28 GMT

Golden Falcon Aviation, the exclusive aircraft provider of Kuwait-based Wataniya Airways, has signed a memorandum of understanding (MoU) for 25 Airbus A320neo Family aircraft at the Dubai Airshow... More

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Libyan NOC to Open US Purchase Office
16/11/2017 05:52 GMT

Libya's National Oil Corp plans to open a U.S. procurement office, its first international facility since a 2011 revolt left the country in disarray, to expand suppliers and convince the Trump... More

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Al Rumhy to lead Omani delegation at Abu Dhbai's ADIPEC
16/11/2017 10:48 GMT

Dr Mohammed Hamad al Rumhy, Oman’s Minister of Oil and Gas, is leading the Omani delegation at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) this week. ADIPEC is the... More

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Qatari-Tunisian Economic Forum to Strengthen Bilateral Trade Partnership
16/11/2017 09:09 GMT

The Qatari-Tunisian economic forum launched yesterday with the participation of a large number of Qatari and 130 of the most prominent Tunisian businessmen. The forum held with the aim of... More

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Saudi Arabia

Saudi Aramco Shines at Adipec Awards in Abu Dhabi
16/11/2017 10:56 GMT

Saudi Aramco was the most successful company at the Adipec Awards this year with the oil major’s projects winning two categories, and an Aramco employee being chosen the ‘Young Adipec Engineer’. The... More

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ADNOC Keen on Strengthening UAE’s Private Sector
16/11/2017 10:58 GMT

The Abu Dhabi National Oil Company (ADNOC) said today it aims to further strengthen collaboration with the UAE’s private sector through its new In-Country Value strategy. The strategy was introduced... More

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Yemeni Govt. to Prosecute Illegal Foreign Exchange Dealers
23/10/2017 08:47 GMT

The Saudi-backed government in Yemen has threatened to arrest foreign exchange dealers trading the rial illegally as part of its efforts to prevent a further decline in the value of the country’s... More

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General News

Oil, Gas to Stay Key Energy Source until 2040: OPEC
15/11/2017 08:36 GMT

Oil will remain the world’s largest source of energy over the next two decades, despite the increasing importance of renewables, predicts the latest edition of the OPEC World Oil Outlook. Released in... More

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