[Editor’s note: The story was updated on June 2, 2023} Iraq is going full throttle in its oil and gas development and held a resumption ceremony for a project award to a Chinese firm to build a crude oil depot for export with a capacity of around 3.2 million barrels, Zawya reported, citing Iraqi officials. […]
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Posted inNews
UAE consortium to build multi-billion dollar desalination project
Together with ADNOC and TAQA, the Orascom Construction-led consortium will develop, own, and operate the plant
Posted inNews
ADNOC, TAQA award $2.4 billion massive water project
ADNOC and TAQA have awarded a strategic investment project worth up to $2.4 billion for a major desalination plant to support ADNOC’s onshore operations, a press statement has revealed. The project entails the development of a state-of-the-art seawater treatment facility and a transportation network that will serve the Bab and Bu Hasa fields in Abu […]
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Saipem secures $850 million offshore contracts
Saipem has been awarded two new offshore contracts worth $850 million, one for Engineering, Procurement, Construction and Installation (EPCI) project in the Black Sea and the other for decommissioning activities in the North Sea. The first contract has been awarded by Turkish Petroleum OTC for the second phase of Sakarya FEED and EPCI Project and […]
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Saudi Aramco’s $21 billion Marjan field project: Everything you need to know
The Marjan oil and gas field is located in the Arabian Gulf, off the eastern coast of Saudi Arabia. Owned and operated by Saudi Arabia’s state-owned oil and gas company Saudi Aramco, the offshore field is being expanded as part of the Marjan Crude Increment project. With a total budget of $21 billion, the project […]
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Nigeria needs $12 billion to clean up Shell, Eni oil spills
Africa’s largest economy Nigeria will require $12 billion to address the long-standing oil spills in southern Bayelsa state over a 12-year period, global newswire Reuters said, quoting a new report which specifically holds Shell and Eni accountable for the majority of the pollution. Bayelsa, a major oil-producing state in the Niger Delta, has been plagued […]
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Middle East oil producers and cybersecurity: Too big to fail?
Once dominating global headlines, cyber-attacks on oil majors across the GCC became less common in recent years, but not because hacker attacks became less. An agile, diversified investment into cyber defence is key to keeping e-viruses and trojan horses out. The “Masque of the Red Death” by American writer Edgar Allan Poe describes the desperate […]
Posted inEnergy Transition
Oman’s OQ eyes multi-billion clean energy projects
OQ Alternative Energy, the green energy arm of Oman’s OQ Group plans to develop renewable energy projects with a total capacity of around 2 gigawatt (GW) to support the clean energy needs of oil and gas companies, as well as industrial zones, according to a report by Oman Daily Observer. Top officials of the unit […]
Posted inDRILLING & PRODUCTION, Exploration & Production
ADNOC Drilling eyes major drilling growth in Abu Dhabi
In an exclusive interview with Oil & Gas Middle East, CEO of ADNOC Drilling Abdulrahman Abdulla Al Seiari, discusses the company’s fleet expansion, first-quarter results, and increased decarbonisation focus. Can you discuss what projects/plans are in the pipeline for ADNOC Drilling? The pipeline of opportunities in Abu Dhabi is vast and remains our number one […]
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Saipem consortium wins FEED contract for TotalEnergies’ LNG project
A consortium of Saipem, Daewoo Engineering & Construction and Tripatra Engineers and Constructors has secured the front-end engineering and design (FEED) contract for the upstream facilities of TotalEnergies’ Papua LNG project. Indonesian contractor Tripatra said the contract covers phase two of the FEED work including for the central processing facility and well pads for the […]