Major onshore and offshore blocks across the emirate opened for new competitive bidding round.
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BP to develop second phase of Oman’s giant Khazzan gas field
Ghazeer development to bring Khazzan production to an estimated 1.5 billion cubic feet per day of gas.
Mubadala Petroleum signs Andaman I PSC in Indonesia
Mubadala Petroleum’s latest deal in Indonesia continues its ongoing focus on offshore opportunities in South East Asia.
Shell announces sale of interest in Mukhaizna field in Oman to Indian Oil Corporation for $329mn
Shell continues its global $30bn divestment strategy by offloading stake in Omani heavy oil asset.
Bahrain’s new oil find contains more than 80bn barrels
Island kingdom could potentially be sitting on a game-changing oil find that could transform its entire economic outlook.
Iraq to speed up oil contract bidding process
Oil Ministry to decide upon awarding new blocks within the next few weeks as key dates are brought forward.
RAK government launches petroleum licensing round, establishes RAK Petroleum Authority
The licensing round offers seven contract areas, including four shallow water offshore blocks and three onshore blocks and covering almost the entire emirate.
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.
Emerson hosts Collaboration Centre workshop on future projects at new Saudi HQ
Forum engages stakeholders in developing the Centre’s roadmap.
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.