The offense can lead to hefty fines and imprisonment for up to 10 years
oil and gas news
PIF eyes $1 billion IPO of Saudi driller ADES
PIF is considering hiring investment banks for a potential listing and is expected to make a decision as soon as this year
ADNOC Drilling reports $568 million profits driven by rig fleet expansion
The fleet utilisation supports the company’s nine-month revenue growth to reach $1.94 billion
Eni, TotalEnergies to launch offshore exploration following Israel-Lebanon agreement
In Lebanon, TotalEnergies is the operator of the exploration Block 9 alongside its partner Eni
Aramco, Pertamina sign hydrogen agreement
The MoU was signed in a ceremony that took place alongside the B20 Summit in Bali
Bechtel-lead coalition awarded decarbonisation contract
The feasibility study will assess options for total routine flaring recovery to the existing flare and compression systems at the ELNG facility
European contractor Wood launches engineering office in Doha
In 2021, Wood secured $580 million worth of contracts in the Middle East
Aramco’s giant Zuluf oilfield expansion: 5 facts you need to know
Owned and operated by Saudi Aramco, the field is being expanded under the Zuluf field development programme
Hire Emiratis or face $20,000 fines, UAE ministry warns
The move is in line with the government’s Nafis initiative, which was launched in 2021
How oilfield workers can reduce fatigue and improve productivity
Here’s a look at the latest trends in lightweight safety footwear and how new materials can lighten the load for oilfield workers