Posted inNewsDRILLING & PRODUCTIONExploration & ProductionPeople

Digital drilling

Oil & Gas Middle East sat down with Miguel Sanchez, vice president, international operations at Nabors, to discuss his firm’s growth in the Middle East

Can you explain Nabors’ relationship and history with the Middle East region? Nabors® has over 35 years of experience in the Middle East. We began operations in Saudi Arabia and Yemen in 1990. Since 1999, we have worked in countries including Algeria, Bahrain, Kuwait, Oman, Iraq, Kurdistan, Jordan, and Qatar. Nabors has an extensive and […]

Posted inNewsExploration & ProductionProducts & Services

QatarEnergy awards North Field East EPC contract to Técnicas Reunidas, Wison Engineering

The JV was awarded a lump-sum contract for the expansion of the sulphur handling, storage, and loading facilities within Ras Laffan Industrial City

QatarEnergy announced Thursday the award of a major engineering, procurement, and construction (EPC) contract for the North Field Expansion (NFE) Project. A joint venture between Técnicas Reunidas S.A. (TR) and Wison Engineering has been selected as the EPC contractor and was awarded a lump-sum contract for the expansion of the sulphur handling, storage, and loading […]

Posted inNewsExplorationExploration & Production

UK-based Searcher announces partnership with Oman Energy Ministry

The agreement will see Searcher acquire several new seismic surveys and reprocess legacy seismic data both offshore and onshore in Oman.

Searcher, a UK-based data and service provider, announced Wednesday that it had entered into a partnership with Ministry of Energy and Minerals of Oman. The agreement will see Searcher acquire several new seismic surveys and reprocess legacy seismic data both offshore and onshore in Oman. “We are delighted to announce our strategic partnership with the […]

Posted inNewsExploration & Production

OPEC slashes 2022 oil demand growth forecast by 480,000 bpd

In its closely watched Monthly Oil Market Report (MOMR), the group now sees global oil demand growth this year at 3.67 million bpd

OPEC slashed on Tuesday its oil demand growth estimate for 2022 by nearly 500,000 barrels per day (bpd) on the back of lower expected global economic growth with the Russian war in Ukraine and the return of COVID lockdowns in China. In its closely watched Monthly Oil Market Report (MOMR), the group now sees global […]

Posted inNewsExploration & Production

Russian crude sanctions could be “catastrophic” for Europe’s diesel supply: Expert

Sanctions will hit consumers hardest

New sanctions over Russia’s invasion of Ukraine could be “catastrophic” for European products unless imports can be found from new refineries, an expert said Wednesday. Banning oil and product flows from Russia to Europe would create a seismic shock, with more than 55% of European imports of diesel and gasoil coming from Russia,” Rystad Energy’s […]

Posted inNewsExploration & Production

Developing the future of gas

Neil Gunnion, Country Head and Vice President, Operations, Qatar at McDermott speaks exclusively with Oil & Gas Middle East following the announcement that his firm will be responsible for the offshore scope of Qatar’s giant North Field Expansion Project

McDermott was awarded a major engineering, procurement, construction, and installation (EPCI) contract by Qatargas in January for the offshore scope of its North Field Expansion Project. The North Field Expansion Project will increase Qatar’s liquefied natural gas (LNG) production capacity significantly, from 77 million tons per annum to 126 million tons per annum. LNG is […]

Posted inNewsExploration & Production

Europe gas supply at risk as Russia’s rubles payment deadline approaches

Russia says it demands only rubles for its gas and will not ship gas for free

Russia’s insistence that its “unfriendly” nations pay in rubles for Russian natural gas risks disrupting European supplies as soon as this week as the deadline set by Putin for moving to ruble payments is drawing closer. Europe, which depends on Russian natural gas for more than one-third of its demand—with some countries, including the biggest […]

Load more