Kuwait’s Heavy Engineering Industries and Shipbuilding Co (HEISCO) announced in a statement that it has secured a five-year contract from Kuwait Oil Co (KOC) for the construction of flowlines and associated works in West Kuwait Area. The value of the contract is KWD 68.5 million ($223.7 million). Earlier during August 2022, HEISCO announces that the company submits […]
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‘Houston, we have a problem’: Al Jaber urges oil and gas sector to join climate fight
Dr Sultan Al Jaber, ADNOC’s group CEO, who was recently appointed as COP28 president-designate, urged energy leaders to “drive sustainable progress while holding back emissions.” “Houston, we have a problem,” Al Jaber said, borrowing a famous line from a US astronaut aboard a damaged spacecraft during the Apollo 13 mission in 1970. His remarks were […]
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Top 10 risks facing the oil and gas sector
Amid uncertainty and potential volatility coupled with rising and diminishing consumer demand, price fluctuations, and geopolitical tensions, here are the top ten risks faced by the oil and gas industry
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QatarEnergy strikes oil again in Namibia
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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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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Oil and gas sector top choice for energy workers: Report
Record energy prices and skills shortages are driving soaring salaries across the oil and gas sector. Oil and gas salaries have surged above pre-pandemic levels with more than half of the workforce expecting a further pay rise next year. Almost a third of oil and gas workers have been headhunted over six times in the […]
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NPCC joins Oil & Gas Middle East Awards as gold sponsor
National Petroleum Construction Co (NPCC) has partnered with Oil & Gas Middle East as the gold sponsor for the Oil & Gas Middle East Awards 2023, which are set to take place on March 2 at Grosvenor House, Dubai. The 13th installment of the event will gather executives from the upstream and downstream sectors in the Middle […]
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Oman’s Abraj Energy signs drilling deal with Chevron, Kuwait Gulf Oil Company
Abraj Energy Services said on Saturday it had signed a five-year ‘strategic partnership deal’ with Kuwait Gulf Oil Co and Saudi Arabian Chevron to extract and drill for oil in Kuwait. Global oil giant Chevron is a major player in Saudi Arabia’s energy market having a continuous upstream presence in the kingdom for more than […]
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Oil & Gas Middle East Awards: STATS Group joins as category sponsor
STATS Group has partnered with Oil & Gas Middle East as the category sponsor for the Oil & Gas Middle East Awards 2023, which are set to take place on March 2 at Grosvenor House, Dubai. The 13th installment of the event will gather executives from the upstream and downstream sectors in the Middle East to celebrate […]