The licensing round offers seven contract areas, including four shallow water offshore blocks and three onshore blocks and covering almost the entire emirate.
Exploration
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Bahrain announces major offshore oil and gas find to boost reserves
Kingdom reveals exciting new discovery which could “dwarf” current reserves and transform its production outlook.
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Oil & Gas and Refining & Petrochemicals Middle East 2018 Awards open for nominations
The ninth edition of the Oil & Gas Middle East and Refining & Petrochemicals Middle East Awards will take place on 12 September 2018 in Dubai, UAE.
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ADNOC signs key concession agreements with China’s CNPC for $1,175mn participation fees
Under the terms of the agreements, CNPC, through its majority-owned listed subsidiary PetroChina, has been granted a 10% interest in the Umm Shaif and Nasr concession and a 10% interest in the Lower Zakum concession.
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Saudi Aramco urges industry transformation at geosciences event
Held under the patronage of HRH Prince Khalifa bin Salman Al-Khalifa, Prime Minister of Bahrain, and sponsored by Saudi Aramco and other energy leaders, the bi-annual event addressed the theme, ‘Pushing the Technical Limits: Shaping the Energy Landscape’.
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Emerson, Total ink global pact for Paradigm E&P software solutions
The contract will help the global energy leader maximise performance of reservoir subsurface modelling and formation evaluation.
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Saudi Aramco CEO addresses future of oil at CERAWeek conference
In a special address before an audience of energy executives, experts, government officials and policymakers, Nasser noted that strong economic growth in the emerging and developing markets will continue to drive demand for hydrocarbons.
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Al Khafji Joint Operations awards SNC-Lavalin 5-year framework contract in Saudi Arabia
Al Khafji Joint Operations is responsible for oil and gas exploration, development and production in the offshore area close to the Saudi-Kuwait border, including the Khafji and Hout oilfields which have been in production since the 1960s.
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US rig count holding steady
Number of rigs seeking oil and gas in the US unchanged week-on-week.
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Saudi Aramco, Russia’s NOVATEK sign MoU to collaborate globally on natural gas projects
According to the MoU, Saudi Aramco and NOVATEK agreed to collaborate internationally on natural gas projects, including LNG supplies, development of LNG markets, gas exploration and production projects, as well as research and technology development.