The price of Brent crude rose to $86.6 per barrel on the news of the output cut
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Iraq awards oil concessions to Crescent Petroleum
Iraq has awarded oil concessions to Crescent Petroleum and other Chinese companies as part of its fifth licensing round, Iraq’s Oil Minister Hayan Abdul Ghani was quoted on Thursday as saying. Sharjah-based Crescent Petroleum, the Middle East’s largest private upstream oil and gas company, was awarded three concessions covering the production and development of oil […]
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Oil & Gas Middle East Awards 2023: Early Bird offer closes on February 10
The Oil & Gas Middle East Awards 2023 will be held on March 2 at the Grosvenor House, Dubai. Table bookings are now open! While the anticipation builds for the shortlist announcement, we’re excited to announce that the Super Early Bird offer for table reservations is open until February 10. If you purchase your tickets before February […]
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Oil & Gas Middle East Awards 2023: Meet the Judges
Oil & Gas Middle East is excited to introduce its esteemed judging panel for the Oil & Gas Middle East Awards 2023, which brings together a wealth of expertise in the oil and gas sector. The 13th instalment of the event will gather executives from the upstream and downstream sectors in the Middle East to […]
Posted inDRILLING & PRODUCTION, Exploration & Production
Tethys Oil to invest $85 million in Oman oil and gas assets
Swedish energy firm Tethys Oil said it plans to invest between $85 to $95 million in the development of its upstream oil and gas assets in the Sultanate of Oman this year. The allocation is roughly on par with the company’s investments made across its sizable portfolio last year, the company said in a press […]
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Ceyhan oil terminal halts operations after powerful earthquake hits Turkey
Operations at Turkey’s oil terminal in Ceyhan halted after a major earthquake struck nearby early on Monday, Reuters reported, citing the Tribeca shipping agency. Officials said that an emergency meeting will take place on the issue. Turkey’s pipeline operator BOTAS said there were no damages on main pipelines. In a notice, Tribeca said ports in […]
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Oil & Gas Middle East Awards 2023: Shortlist revealed for all categories
The Oil & Gas Middle East Awards 2023 will be held on March 2 at the Grosvenor House, Dubai
Posted inPeople
Multi-billion oil and gas projects to create significant jobs in the Middle East
Strong outlook ahead for Middle East oil and gas jobs, according to a recruitment expert.
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Top 5 oil and gas contracts in the Middle East: January 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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ENOC to develop storage facility for oil and gas products
ENOC Group and Tanzania’s Ministry of Energy signed today a Memorandum of Understanding (MoU) to develop a national import gateway and world-class storage facility for oil and gas products to serve the country as well as the Eastern and Central Africa region, ENOC announced in a press release. The partnership is in line with the […]