ADNOC Drilling has confirmed the award of a five-year contract for the provision of Integrated Drilling Services (IDS) totaling $412 million from ADNOC Offshore commencing in the second quarter of 2023. ADNOC Drilling will provide IDS for the development of the Upper Zakum field, the largest producing field in ADNOC’s offshore portfolio. Account to ADNOC Drilling, […]
Exploration & Production
Posted inNews
QatarEnergy continues offshore exploration bonanza with Shell agreement
Qatar’s state-owned energy giant QatarEnergy has entered into an agreement with Shell to acquire a 40% working interest in the C-10 block located offshore Mauritania. This agreement is one of the several offshore exploration deals that Qatar has signed over the past few months. The C-10 block covers an area of about 11,500 square kilometers and is located approximately 50 kilometersoff the coast of Mauritania in water depths of approximately 50 to 2,000 meters. According to the […]
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Saipem secures $400 million contract offshore Ivory Coast
Saipem has announced today that it has been awarded by the joint venture of Eni Côte d’Ivoire Ltd and Petroci a drilling contract worth $400 million offshore the Ivory Coast. This value is to be considered gross of the leasing costs of the deep value driller vessel that will be used for the operations, Saipem […]
Posted inExploration & Production
Egypt set to launch three oil and gas project tenders
Egypt will announce three tenders this year for oil and gas exploration and production projects, the country’s Petroleum and Mineral Resources Minister Tarek El Molla said at the opening ceremony for the Egypt Petroleum Show on Sunday. “Egypt plans to hold three international tenders in 2023 for oil and gas exploration and production,” the Nile […]
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ADNOC awards $80 million contract for Hail and Ghasha gas development
A JV composed of Tecnimont, Technip Energies, and Samsung Engineering has secured the contract
Posted inExploration & Production
Aramco awards $173 million contract to Arabian Drilling
Arabian Drilling is the largest drilling rig contractor in the Kingdom in terms of the fleet size
Posted inExploration & Production
NESR secures wireline platform contract in Saudi Arabia
Within the expanded scope of the contract, NESR will provide advanced cased-hole and perforation services
Posted inExploration & Production
Taliban signs oil deal with Chinese company
According to the contract, the Chinese firm will invest up to $150 million a year, which will increase to $540 million in three years
Posted inUpstream, People
Abraj Energy CEO on Oman’s diverse drilling landscape
In an exclusive interview with Oil & Gas Middle East, Saif Al Hamhami, CEO of Oman-based Abraj Energy Services — a fully-owned subsidiary of OQ — talks about Oman’s drilling sector, the company’s new brand identity and its planned IPO next year. Oil & Gas Middle East: With an increasing focus on higher oil and […]
Posted inUpstream, News
Indonesia approves $3 billion investment for offshore gas block
Indonesia has approved the first plan of development for the Tuna offshore gas field with an investment of nearly $3 billion up to the start of production, Reuters reported on Monday, citing upstream oil and gas regulator SKK Migas. The Tuna field, located in the South China Sea between Indonesia and Vietnam, is expected to […]
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