It will help expand the company’s presence in the region
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ADNOC and CNOOC agree to collaborate across oil and gas value chain
The pair will share knowledge, best practices and technologies for ultra-sour gas development and treatment
Libya NOC declares force majeure on Sharara crude oil loadings following Zawiya explosion
The state oil company’s chairman has said that the incident is being investigated
Iran seizes UK oil tanker in Strait of Hormuz
The Iranian Revolutionary Guard seized the vessel on Friday claiming that it violated maritime navigational regulations, an accusation which the UK refutes
Former Unaoil executive pleads guilty to corruption in Iraq bribery case, SFO says
This is the first conviction in the SFO’s probe into the company, and three other former employees face a criminal trial in six months
ADNOC could launch regional oil benchmark: Reuters
The national oil company has made a strong push to grow its downstream portfolio and trading operations
How oil and gas reduces risk of nation-state sponsored cyberattacks
Axel Hauer, director EMEA enterprise sales, IAMS at HID Global
Libya NOC to power Obari plant with gas instead of oil
The switch is supposed to increase efficiency while reducing emissions, and would save 15,000 barrels per day of oil which could be sold internationally
Oilfields Supply Center to invest $450mn in King Salman Energy Park
OSC will invest $450mn as an anchor tenant in SPARK, and is expected to boost localisation, SME development, job creation and economic growth