Owned and operated by Saudi Aramco, the field is being expanded under the Zuluf field development programme
Exploration & Production
Posted inEarnings
Arabian Drilling records $114 million profit post IPO
The company’s profits jumped 171% during the first nine months of 2022
Posted inEPC Contracts
EPC contractor Galfar’s JV secures $83.1 million contract from Shell Oman
The scope of work includes design and build and operation of the field operating base
Posted inExploration & Production
Eni, Sonatrach begin fast-track production at Algerian field
Italian major Eni announced yesterday the start-up of the HDLE/HDLS oil field in in the Berkine North Basin onshore Algeria, only six months after its discovery in March. HDLE/HDLS is currently producing 10,000 b/d. Production ramp up will be achieved through an accelerated development plan which envisages the drilling of new wells in 2023. According […]
Posted inExploration & Production
Top 5 oil and gas contracts in the Middle East: October 2022
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
Posted inExploration & Production
NPCC signs agreement with Al Gharbia Pipe Company
“NPCC will spare no efforts to support ADNOC achieve its gas self-sufficiency plans,” the company’s CEO said in a statement.
Posted inEPC Contracts
L&T secures major EPC contracts in Saudi Arabia
India’s top engineering and construction conglomerate Larsen & Toubro (L&T) has announced that its Power Transmission and Distribution business has secured multiple EPC orders in the current quarter to build transmission lines and substations in Saudi Arabia. The contract, which is in the range of $121.4 million to $303.6 million, will see L&T undertake engineering, […]
Posted inExploration & Production
QatarEnergy selects US major ConocoPhillips as third international partner for giant LNG project
QatarEnergy has selected ConocoPhillips as its third and final international partner in the North Field South (NFS) expansion project, which comprises two LNG mega trains with a combined capacity of 16 million tons per annum (MTPA). Earlier this month, the state-owned company announced partnerships with Shell and TotalEnergies. The partnership agreement was signed today by […]
Posted inExploration & Production
Saipem, KCA Deutag close first phase of $550 million acquisition
KCA Deutag has announced the completion of the largest phase of Saipem onshore drilling business acquisition announced earlier this year. This first phase encompasses Saudi Arabia, UAE and Africa, with Kuwait expected to follow later in Q4 2022. The acquisition of the Latin America business together with the rigs in Romania and Kazakhstan will complete […]
Posted inExploration & Production
China’s COSL secures $1.9 billion offshore contracts from Middle East company
China Oilfield Services Ltd (COSL) has has signed several long-term drilling rig service contracts with a “first-class international oil company in the Middle East,” with a total contract amount of approximately $1.9 billion, the company said. The contract marks “deepening cooperation between the company and international oil companies in various fields of oilfield exploration and […]
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