Kuwait earmarks US$115bn for oil projects

Kuwait earmarks US$115bn for oil projects

Tuesday, 31 May 2016 04:23

Kuwait has...

Occidental Petroleum and Mubadala to handover oilfield to Bahrain government

Occidental Petroleum and Mubadala to handover oilfield to Bahrain government

Tuesday, 31 May 2016 01:44

Occidental Petroleum and Mubadala Development are pulling out of the joint partnership firm — Tatwee...

Saudi Arabia hits highest oil and gas output last year

Saudi Arabia hits highest oil and gas output last year

Sunday, 29 May 2016 04:08

Khalid al-Falih, Saudi Arabia’s energy, industry and mineral resources minister and Saudi Aramco cha...

Qatar’s offshore field attracts bids from Chevron, Shell and Total, among others

Qatar’s offshore field attracts bids from Chevron, Shell and Total, among others

Sunday, 29 May 2016 03:51

Chevron, Shell, Total, ConocoPhillips and Maersk Oil Qatar have submitted bids to operate Qatar’s bi...

Saudi Aramco consolidates its position in global energy markets

Saudi Aramco consolidates its position in global energy markets

Friday, 27 May 2016 09:07

Saudi Aramco has released its latest Annual Review, titled Energy is Opportunity, highlighting the c...

Oil prices hit US$50 for the first time in 2016

Oil prices hit US$50 for the first time in 2016

Friday, 27 May 2016 06:59

Oil prices hit US$50 a barrel on Thursday for the first time in seven months supply disruptions and ...

Iran still a "culprit" in low oil price scenario

Iran still a "culprit" in low oil price scenario

Thursday, 26 May 2016 14:11

By the end of June 2016, oil prices could be up to US$57 a barrel and US$73 by 31 December 2016, but...

Amec Foster Wheeler awarded KOC FEED contract

Amec Foster Wheeler awarded KOC FEED contract

Thursday, 26 May 2016 09:55

Amec Foster Wheeler has announced that it has been awarded a front end engineering design (FEED) con...

Bapco and Greenergy enter joint venture in Bahrain

Bapco and Greenergy enter joint venture in Bahrain

Monday, 23 May 2016 10:59

State-owned Bahrain Petroleum Company (Bapco) has announced a strategic joint venture with Greenergy...

FMC Technologies, Technip announce US$13bn merger

FMC Technologies, Technip announce US$13bn merger

Friday, 20 May 2016 07:16

Oil services companies, FMC Technologies and Technip have announced plans for US$13bn merger

Omnix/AVEVA partnership to focus on Saudi Arabia, Kuwait and Qatar

Omnix/AVEVA partnership to focus on Saudi Arabia, Kuwait and Qatar

Wednesday, 18 May 2016 09:27

Omnix International, the provider of technology enabled solutions to the Middle East and AVEVA, the ...

Iran’s return to oil market “stronger than expected”

Iran’s return to oil market “stronger than expected”

Tuesday, 17 May 2016 09:31

Iran had come back “much faster and stronger than anyone had expected” on the back of production inc...

ProSep to supply mixer units to Middle Eastern NOC

ProSep to supply mixer units to Middle Eastern NOC

Monday, 16 May 2016 11:02

ProSep will supply four injection mixer units to a Middle East NOC

Middle East sees growth in drilling

Middle East sees growth in drilling

Monday, 16 May 2016 09:20

The number of onshore wells drilled in the Middle East continues to rise, bucking the global trend, ...

Kuwait announces plans to raise oil production by 2020

Kuwait announces plans to raise oil production by 2020

Sunday, 15 May 2016 07:13

Kuwait is targeting an almost 50 per cent increase in oil production over the next four years in a b...

ADNOC reshuffles leadership

ADNOC reshuffles leadership

Friday, 13 May 2016 07:39

Abu Dhabi National Oil Company (ADNOC) has reshuffled its leadership, in the first major shakeup sin...

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