QatarEnergy announced today a light oil discovery in the Jonker-1X deep-water exploration well, which marks the company’s third recent discovery offshore Namibia. The well was drilled to a total depth of 6,168 meters in a water depth of 2,210 meters. The acquired data is being evaluated while further appraisal is planned to determine the size […]
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At least 19 feared dead after devastating fire at Pertamina’s fuel storage facility
At least 19 people, including two children, have died and more than 60 injured after a fire broke out on Friday evening at one of national oil company Pertamina’s fuel storage depots on Indonesia’s most populous island of Java, Upstream reported. Investigations are under way after the fatal blaze, which has also displaced some 650 […]
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Eni, ADNOC sign agreement for low-carbon projects
Eni’s CEO Claudio Descalzi and Dr Sultan Ahmed Al Jaber, group CEO of ADNOC, signed on March 4 an agreement for joint projects on energy transition, sustainability and decarbonisation. Through this agreement, Eni and ADNOC intend to explore potential opportunities in the areas of renewable energy, blue and green hydrogen, carbon capture and storage (CCS), […]
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Oil & Gas Middle East Awards 2023: Meet the winners and the highly commended!
The 2023 edition of the Oil & Gas Middle East Awards ended on an excellent note on the evening of March 2 at the Grosvenor House in Dubai. The event celebrated a total of 14 winners across upstream, midstream and downstream sectors, and individual categories who took home the beautiful crystal trophies loud and proud. […]
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Top 5 oil and gas contracts in the Middle East: February 2023
In case you missed the announcements, here is a list of the top five contracts secured for oil and gas projects in the region
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Saudi Arabia’s Shareek program outlines $51 billion projects
Saudi Arabia outlined plans for $51 billion of investments by local companies including Saudi Aramco and mining giant Maaden under a government incentive program as it seeks to accelerate a plan to diversify its economy away from oil. Speaking on the occasion, Amin Al-Nasser, CEO of Saudi Aramco, said, “The Shareek program accelerates the projects […]
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ADNOC Drilling signs $252 million contract for hybrid power land rigs
ADNOC Drilling Co has signed an agreement to purchase ten newbuild hybrid power land drilling rigs for a total of $252 million, the company said on March 2. The use of hybrid power solutions is an essential element of ADNOC Drilling’s “rigorous decarbonisation strategy,” the company noted. The rigs use a high capacity battery and […]
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