ADNOC has made a $6.2 billion final investment decision (FID) to develop the Umm Shaif Gas Cap project offshore Abu Dhabi with partners TotalEnergies, Eni and China National Petroleum Corporation (CNPC).The development is expected to produce more than 600 million standard cubic feet per day (scfd) of natural gas and associated gas liquids from 2030, equivalent to almost 10% of the UAE's current daily gas consumption…
ADNOC and XRG have signed a strategic collaboration agreement with Mitsui to explore opportunities across liquefied natural gas (LNG), crude oil, sulfur, shipping and chemicals, as well as international energy investments through XRG.The agreement…
Oman said it would keep the Strait of Hormuz open to shipping without imposing any tolls and had designated two temporary routes north and south of the existing shipping lane to facilitate the safe passage of vessels departing the region.In coordination with the International Maritime Organization…
McDermott International did not halt work on QatarEnergy’s massive North Field East expansion project during the Iran war, Chief Executive Michael McKelvy said on Tuesday, even as the conflict imposed operational constraints.McDermott is responsible…
McDermott has been selected by Aramco as one of 11 contractors under a long-term Project Management Consultancy (PMC) agreement supporting the delivery of energy, downstream, petrochemical and low-carbon projects across Saudi Arabia.The multi…
Cambodia said on Tuesday it had launched a compulsory conciliation process under international law aimed at resolving a long-running maritime boundary dispute with Thailand and had informed the United Nations and Bangkok.The move follows a Thai…
Bangladesh launched an international tender on Sunday for oil and gas exploration in 26 offshore blocks in the Bay of Bengal, offering more attractive terms to foreign companies as it seeks to tackle worsening domestic gas shortages and reduce reliance on costly LNG imports…
QatarEnergy has signed a memorandum of understanding (MoU) with TotalEnergies, ConocoPhillips and the Syrian Petroleum Company for cooperation in offshore oil and gas exploration in Syria.The agreement covers a technical review to assess the…
Astro Offshore has added a new ultra-deepwater multi-purpose support vessel (MPSV) to its fleet, strengthening its subsea capabilities and expanding into international markets.The vessel, Energy Savannah, which will be renamed Astro Atlas, is…
Rex International Holding, via its subsidiary Masirah Oil Limited, has announced that the drilling of three development wells at the Yumna field offshore Oman is now expected to begin in May 2026, later than previously planned.Masirah Oil, which operates Block 50 with a 100% interest…
Saudi Arabian oil and gas drilling contractor ADES International Holding has reported it expects 44% rise in its core earnings in 2026, despite having several of its offshore rigs in the Gulf region temporarily suspended due to ongoing regional tensions…
Arabian Drilling has reactivated two rigs that were recalled in the fourth quarter of 2025 and launched its first international offshore contract within the Gulf Cooperation Council region-based company.The Saudi Arabia-based contractor said…
Turkey said on Thursday it opposed Greece's 'unilateral activities' in energy fields south of Crete with a consortium led by U.S. major Chevron as a violation of international law and good neighbourly relations.Athens responded that its policies abide international law…
Petronas has signed a concession agreement with the Government of the Sultanate of Oman and OQ Exploration and Production Batinah Offshore (OQEP) for exploration activities in offshore Block 18, expanding its international upstream portfolio…
