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The concession benefits from a highly strategic offshore location. (Image source: Adobe Stock)

Exploration & Production

Joint Oil Exploration, Exploitation and Petroleum Services Company (Joint Oil), a joint venture between Libya and Tunisia, has announced the opening of a new bid round on 7 September for development of the promising Zarat discovery and further exploration of the Joint Oil Block border acreage

Located in the prolific Gabes-Tripoli Basin of the central Mediterranean, this offshore acreage represents a premier opportunity for cross-border energy cooperation between Tunisia and Libya. Moyes & Co., a global upstream advisory firm, has been engaged to seek industry partners for two separate commercial packages:

Exploration: Further exploration of the Joint Oil Block for new plays, leads, and prospects under an Exploration and Production Sharing Agreement (EPSA). The area concerned spans 3,000 sq km in water depth of 80-120m, with seismic data covering 6,500km of 2D & 1,900km of 3D. Wells: Zohra-1 (1976), El Amal South 1 (1999), Besmah-1 (2002), El Amal North 1 (2002), Zarat North 1 (2010). Surrounding producing fields: El Bouri, El Jurf and Bihr El Salam in Libya; Hasdrubal, Ashtart, Miskar & Didon in Tunisia.

Development: Development of the Zarat Discovery — which straddles the Tunisia-Libya border— as a unitised oil and gas resource. This will be governed by a Development and Production Sharing Agreement (DPSA), Unitisation Agreement (UA), Unit Operating Agreement (UOA), and Operating Services Contract (OSC).

The bid round will close on 31 December 2026.

Credible companies with proven offshore exploration and development capability are invited to apply for access to the Virtual Data Room (VDR) managed by Moyes. Bids must be received by 8 January 2027. Winning bidders will be informed by 26 February 2027, with formal awards expected by 30 April 2027.

The bid round opportunity will be presented at the London Mediterranean, Middle East & Africa Scout Group (MMEA) on 9 September 2026 and at the World Energy Summit in London on 29-30 September 2026 where Joint Oil will also be present at a booth.

Strong potential

Joint Oil has highlighted the exceptional potential of the Joint Oil Block and the Zarat Discovery, strategically positioned along the southern margin of the Pelagian Basin within the geological extension of the Sabratha–Gabes Basin. 

The concession benefits from a highly strategic offshore location near several major producing fields across the Sabratha–Gabes Basin, including Al Jurf, Bahr Essalam, and Bouri offshore Libya, as well as Ashtart, Didon, and Miskar offshore Tunisia. This positioning enhances the project’s long-term value proposition through access to established regional infrastructure, operational synergies, and export pathways.

Bordered by active Libyan exploration zones and major offshore concessions, the Joint Oil Block and Zarat discovery further underscore the substantial untapped hydrocarbon potential of the shared Tunisian-Libyan offshore basin, reinforcing its attractiveness as a high-impact exploration and development opportunity for investors and strategic partners. Zarat is the largest discovery in offshore Tunisia since the Miskar discovery in 1975, and is the largest undeveloped field in offshore Tunisia. Contingent resources at Zarat attributable to the Joint Oil Block totals 158 mmboe.

Joint Oil is a joint venture between Libya and Tunisia through the national companies, the Tunisian Corporation of Petroleum Activities (ETAP) and Ola Energy Holdings Ltd. (OLA Energy). The company has managed hydrocarbon resources within the Tunisia-Libyan offshore acreage since 1988.

The signing between ADNOC and Bosch. (Image source: ADNOC)

Industry

ADNOC, XRG and Masdar have announced agreements with leading German companies, across energy, industry and advanced technology, potentially involving more than €5 billion of investment, combining the UAE’s expertise in energy and capital with Germany’s industrial and technological capabilities

The deals with RWE, Securing Energy for Europe (SEFE), MB Energy, Covestro, Siemens Energy, Siemens Industrial and Bosch Middle East span liquefied natural gas (LNG), gas, renewable energy, advanced materials and technology.

The agreements were signed during the state visit by UAE President His Highness Sheikh Mohamed bin Zayed Al Nahyan to the Federal Republic of Germany, when €40 billion in long-term investment in Germany was announced.

The agreements signed by ADNOC, XRG and Masdar include:
• ADNOC and RWE Supply & Trading GmbH Letter of Intent to progress LNG deliveries into Germany and Europe as well as Asia, supplied from ADNOC Gas’ and XRG’s growing LNG portfolio including Ruwais, Das, Rio Grande, Mozambique and Argentina, with supply commencing in the early 2030s.
• TA’ZIZ and Covestro are looking to progress a world-scale methylene diphenyl diisocyanate (MDI) value chain in Ruwais
• ADNOC, XRG and SEFE signed an agreement to explore cooperation in natural gas and LNG, spanning gas supply, infrastructure, logistics and portfolio optimisation, to support long-term energy security and market development in Europe.
• Covestro, Fertiglobe and MB Energy signed an MoU to collaborate on the development of low-carbon ammonia supply chains into Germany.
• In renewables, Masdar and RWE signed an MoU to consider joint participation in future German offshore wind auctions, while Masdar and Luxcara established a strategic partnership to explore joint investments in offshore wind and battery storage projects in Germany and wider Europe.
• ADNOC also signed Strategic Collaboration Agreements with Bosch Middle East, Siemens Energy and Siemens Industrial to explore collaboration on advanced technology and artificial intelligence.

The agreements build on existing investments by ADNOC, XRG and Masdar across Germany’s energy and industrial base. ADNOC also has 1.6 million tonnes per annum (MTPA) of long-term LNG supply agreements into the German market.

His Excellency Dr. Sultan Ahmed Al Jaber, ADNOC managing director and group CEO, Executive chairman of XRG, and Chairman of Masdar, said, “The UAE and Germany are building on decades of trusted partnership to advance economic growth and shared prosperity for the long-term. The additional €40 billion of intended long-term investments announced this week, together with the agreements ADNOC, XRG and Masdar signed today with our German partners, build on our investments across Germany’s energy and industrial landscape and mark another step forward in greater cooperation that will create new opportunities for both countries.”

In an interview with Bloomberg TV, UAE Minister of Foreign Trade Thani Al Zeyoudi said the €40 billon investment is about “reaffirming the long standing relationship and historical partnership” between the two countries.

“The 40 billion is just the beginning,” Al Zeyoudi said. “We’re going to shop around for the big opportunities that are going to bring this relationship to the next level.”

The UAE and other Gulf states are increasingly looking to broaden defense ties beyond Washington, as the Iran war drags on with no end in sight.

“The conflict is something we’re dealing with,” Al Zeyoudi said. “We’re maneuvering around the challenges and the impacts of the geopolitics and the region.”

The UAE is hoping that, by diversifying its international partners, it can pave the way to securing vital supply chains and potentially attracting production of equipment locally to bypass any export constraints, Bloomberg notes.

The agreements will expand the chemicals ecosystem. (Image source: ADNOC)

Petrochemicals

TA’ZIZ, a joint venture between ADNOC and ADQ, has signed long-term agreements spanning offtake, feedstock and sales across its chemicals portfolio, valued at US$28.5bn (AED104.6bn)

Signed at the Make it in the Emirates Forum, the agreements, valued at US$28.5bn, secure both global offtake and reliable local feedstocks, allowing for large-scale chemical production within the UAE and reinforcing TA’ZIZ’s role in building a fully integrated domestic chemicals ecosystem. The deals include sale agreements with ADNOC and Proman for methanol; Emirates Global Aluminium (EGA) for caustic soda; Mitsubishi Corporation for ethylene dichloride (EDC), vinyl chloride monomer (VCM) and caustic soda; Mitsui & Co. for EDC and caustic soda; Sanmar Group for EDC and VCM; Tricon for PVC, EDC and caustic soda; and Vinmar for EDC and polyvinyl chloride (PVC).

ADNOC Gas secured a 25-year feedstock agreement to supply natural gas to the TA'ZIZ methanol project valued at over $5 billion (AED18.4 billion). TA’ZIZ also agreed a 20 year salt supply agreement with Abu Dhabi based Sama Salt to support production at its PVC complex.

Mashal Saoud Al-Kindi, CEO of TA’ZIZ, said, “These long term agreements represent a defining milestone for TA’ZIZ and for the UAE’s industrial growth ambitions. By securing both global demand and reliable local feedstock, we are translating vision into delivery, anchoring world scale chemicals production, strengthening domestic value chains and creating enduring economic value, jobs and supply chain resilience for the UAE.”

Together, these agreements leverage local resources to secure a reliable and sustainable supply of critical raw materials, further strengthening domestic value chains and advancing the UAE’s industrial self sufficiency.

TA’ZIZ is a manufacturing, industrial services, logistics and utilities ecosystem that enables the production of transition fuels and new products across the chemicals value chain, supporting ADNOC’s ambition to become a top three global chemicals player as well as the UAE’s industrial development and economic diversification ambitions.

The TA’ZIZ Industrial Chemicals Zone is set to produce 4.7 million tonnes per annum (mtpa) of chemicals once construction is completed in 2028. This includes a 1 mtpa ammonia plant, a 1.8 mtpa methanol plant and 1.9 mtpa of marketable products from its integrated polyvinyl chloride (PVC) complex. The PVC complex, which produces PVC, ethylene dichloride (EDC), vinyl chloride monomer (VCM), and caustic soda, will be one of the world’s top three largest single site PVC complexes.

Also at the Make it at the Emirates Forum, TA’ZIZ and Alpha Dhabi Holding announced a strategic collaboration agreement for around US$10 bn (AED36.7bn) in capital investment in new industrial chemicals in the TA’ZIZ industrial chemicals ecosystem in Al Ruwais Industrial City, Al Dhafra region of Abu Dhabi.

The partnership could produce up to 14 new chemicals, delivering around 2.2mn tonnes per annum (mtpa) of additional chemical capacity in the TA’ZIZ industrial chemicals ecosystem in Al Ruwais Industrial City. The new chemicals, which include styrene and polystyrenes, acrylic acid and derivates, polyols, MDI, epoxy resins and linear alpha-olefins, are based on domestic demand and could substitute key products currently imported into the UAE, while strengthening local supply chain resilience. The partnership supports the UAE’s national industrial priorities, including the Make it in the Emirates (MIITE) initiative and the country’s industrial strategy, by strengthening domestic manufacturing capability and advancing self-sufficiency in strategically important chemical products.

Now that the focus has moved from what AI can do to how it can be leveraged to create value, oil and gas companies are accelerating the deployment of AI to transform their operations

ADNOC, for example, is deploying the first AI-enabled fully automated walking island rig, which enables faster and more consistent offshore well delivery, while TotalEnergies is deploying agentic AI solutions to improving the detection of fugitive emissions and target the highest-emitting equipment.

One of the undisputed leaders in AI deployment is Aramco. At LEAP 2026 in Riyadh, Ahmad O. Al-Khowaiter, the company's executive vice president Technology & Innovation, discussed how AI is changing the way the company works, explaining that Aramco looks at AI through three lenses: intelligence, trust and scale.

Intelligence

Aramco collects more than 10 billion plus data points from its operations every day, from wells, pipelines, refineries, terminals, and laboratories.

“But this data on its own does not create value,” stressed Ak-Khowaiter.

“That value comes from combining it with huge computing power and world class technical expertise to put into models which help our engineers, operators, and technologists make better decisions.

“This is why we are moving AI deeper into the core of our business.

“We are using it to enhance exploration, optimise production, improve reliability, accelerate engineering, strengthen maintenance, and even keep our people safe.

“It detects anomalies, recommends responses, and automates workflows, empowering our people to focus on higher-value decisions.”

Aramco’s in-house large language models process millions of requests a day and are estimated to have saved hundreds of thousands of working hours every year, he added.

Trust

In the age of agentic AI and autonomous operations, trust is more important than ever. Cyber security, digital ethics and governance all need to be part of the foundations of how AI is developed, deployed, and scaled, al Khowaiter stressed.

“Autonomous systems need strong guardrails.”

Secure cloud environments, resilient connectivity, digital ethics, and AI-enabled monitoring are a focus, with AI-enabled monitoring significantly reducing the time needed to resolve IT service issues.

“Furthermore, our CyberMind security system demonstrates how AI is strengthening cybersecurity at scale, automating millions of investigations while processing over a billion potential threats every year,” Al-Khowaiter said.

“It enhances our resilience, improves response times, and provides the secure digital foundation we need for the next generation of industrial AI to succeed.”

Scale

The real value of AI projects will come from scaling them across enterprises, industries, and ecosystems, Khowaiter said, noting that Aramco is no stranger to scale given it operates some of the largest and most complex industrial systems in the world

“We have the data and we have the infrastructure, but most importantly we have the people. Engineers, scientists, operators, geologists, and technologists who understand the difference between a promising model and a practical solution.

“That’s why AI is not replacing our industrial knowledge, it is amplifying it.”

Al-Khowaiter went on to stress Aramco’s leadership role in AI, with Aramco Ventures now having a portfolio that includes around 300 start-ups from around the world, while the TecShift initiative aims to attract early-stage start-ups from across the world to Dhahran, bringing them together with industrial partners to work on solving real world challenges.

Concluding, Al-Khowaiter said, “The future of industry will inevitably become more intelligent. But it must also be trusted and scalable. That is the opportunity we see at Aramco.

“Combining nearly a century of industrial expertise with cutting edge technology and world-class talent.

“Our innovation has moved to implementation, creating value not just for our company, but for the Kingdom and the world.”

See also: https://oilreviewmiddleeast.com/technical-focus/aramco-highlights-its-ai-leadership-at-world-economic-forum

Competence is a must for high-risk tasks. (Image source: Adobe Stock)

Webinar

How do complacency and human factors contribute to workplace injuries, and how can you prevent complacency-related injuries and incidents?

That is the subject of a webinar hosted by HSE Review in association with SafeStart, to take place on Wednesday 1st April 2026 at 2pm GST, which will shine a light on the neuroscience behind competence, complacency and human factors.

Safety professionals have known for years that “complacency is a silent killer.” They have also suspected that complacency was a contributing factor in almost every unintentional injury or incident. Unfortunately, from a neuroscience perspective, it is impossible to stop people from becoming complacent once they are competent. And for high-risks tasks in particular, competence is a must.

Even more unfortunately, many (most) companies do not know what to do to help their employees deal with complacency, which leads to mind not on task/risk.

In this session, participants will:
• Understand the neuroscience behind complacency and why it cannot be eliminated once competence is achieved
• Recognise the two stages of the complacency continuum and how human factors impact critical decision-making
• Learn practical skills to prevent complacency-related injuries, including attentive habits, looking for risk patterns in others, analysing close calls and small errors to prevent agonising over large ones, and using self-triggering skills, to deal with rushing, frustration and fatigue which, when combined with complacency, can cause fatalities
• Explore how concepts such as fail-safe can help compensate for complacency leading to mind not on task.

Register for the webinar here

Our speaker is Larry Wilson, a pioneer in the area of Human Factors in safety. He has been a safety consultant for over 25 years and has worked on-site with hundreds of companies worldwide. Larry is the author of SafeStart, an advanced safety and performance awareness programme, successfully implemented in more than 4,500 companies in 75 countries, with more than five million people trained. He is the moderator of the SafeConnection expert panels series and has authored and co-authored a number of books, the latest being “25 Years of Original Thought-Innovations in Safety, Human Error and Performance”. Larry is also an active keynote speaker at health and safety conferences around the globe (32 countries so far).

Participants are guaranteed an hour of engaging and thought-provoking interactive discussion and debate and will take away the understanding, skills and strategies to help prevent complacency-related injuries and incidents.

So don’t delay, register for the webinar here

SafeStart Trainer Certification – Global Training Series

Following strong demand last year and impact across global markets, we’re also launching the SafeStart Trainer Certification – Global Training Series, starting with Dubai on 7–8 April 2026.

This is a practical, human factors–based certification designed to help organisations reduce incidents, strengthen decision-making, and improve overall safety performance, on and off the job.

Find out more information and register here:

The new guidance addresses hydrogen-specific integrity and safety considerations. (Image source: Adobe Stock)

Energy Transition

DNV has published a recommended practice (RP) for offshore hydrogen pipelines, supporting safe design, operation and requalification of pipeline infrastructure for transporting hydrogen

DNV-RP-F123 Hydrogen pipeline systems addresses hydrogen-specific integrity and safety considerations. It supplements DNV’s established submarine pipeline standard, DNV-ST-F101 and adds additional guidance tailored to transporting hydrogen gas and hydrogen blends in pipeline systems. It is relevant for new pipeline developments as well as for the requalifying of existing offshore infrastructure for hydrogen transport, supporting broader efforts to scale hydrogen networks.

Hydrogen is expected to play an increasing role in cutting emissions from hard-to-decarbonise sectors. However the transportation of hydrogen by pipeline faces certain risks and considerations, such as embrittlement.

DNV-RP-F123 has been developed through the H2Pipe joint industry project (JIP), which ran from 2021 to 2026 and brought together 37 industry partners across operators, manufacturers, engineering companies and academic advisors to provide guidance for engineering projects and qualification work.

The next step is large-scale testing to validate data and advance existing standards. This phase will include full-scale pipe testing at DNV’s Spadeadam Research and Development Facility. The results will feed into the continued development of DNV-RP-F123 and future guidance.

“Hydrogen service fundamentally changes the integrity picture for pipeline systems,” explained Prajeev Rasiah, executive vice president and regional director for Northern Europe, Energy Systems at DNV, “it cannot be treated as a simple variant of natural gas. This recommended practice moves beyond theoretical study to provide an evidence-based framework for assessing hydrogen-specific risks in design, requalification, and operation. By closing the gaps around material suitability and safety margins, we are giving teams the technical clarity needed to move projects from the study phase into execution. This is particularly vital for requalifying existing infrastructure, where the guidance helps define exactly what must be tested or upgraded to ensure a safe reliable and sustainable transition.”

“The objective of the H2Pipe JIP is to build guidance grounded in shared data and real technical experience from testing,” added Philippe Darcis, chairman of the H2Pipe JIP Steering Committee and Pipeline Technology Senior Director at Tenaris. “The real value of the H2Pipe JIP is in turning years of shared data into credible, site-ready guidance that engineers can use to scale hydrogen infrastructure. This is a practical tool built to reduce the 'unknowns' that often stall investment. Because it was developed through industry-wide collaboration, it gives operators a robust basis for making decisions, allowing us to move forward with fewer assumptions and greater confidence in our safety and performance standards.”