Iraq has invited foreign companies to bid for contracts to explore and develop natural gas reserves in 11 new blocks as the OPEC member seeks to produce much-needed natural gas for power stations and cut imports that weigh on the country’s budget, Reuters reported. Eight blocks are located in western Anbar province, one in the […]
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Posted inEnergy Transition, DRILLING & PRODUCTION, Exploration & Production
Halliburton wins completions contract for carbon capture project
Halliburton, the US-based energy major, has been granted a contract to carry out well completions on the HyNet North West carbon capture and storage initiative in the United Kingdom. This entails supplying completions, liners, and monitoring products and services for the project situated in Liverpool Bay. To fulfill this contract, Halliburton will manufacture and deliver […]
Posted inNews
Oman supports OPEC+ decision by extending production cuts until 2024
Oman’s Ministry of Energy and Minerals has announced its intention to extend its voluntary reduction of 40,000 barrels of oil per day until December 2024, according to media reports. This extension is being implemented as a precautionary measure, the state-owned Oman Observer said in a report. Oman, although not a member of OPEC, is one […]
Posted inNews
L&T announces major milestones for NEOM green hydrogen plant
The power transmission & distribution arm of Indian engineering major L&T has achieved important milestones for the power elements and grid packages of the world’s largest green hydrogen plant being built by NEOM Green Hydrogen Company. Supported by 23 local, regional, and international banking and financial institutions, the project has now achieved full financial close, […]
Posted inExploration & Production
Iraq invites bids for 13 oil and gas projects
OPEC member Iraq has invited bids from multinational oil exploration firms to develop oil and gas sites as a part of its new licensing round, online news portal Zawya wrote in a report. The reported cited a statement from the Iraq’s Oil Minister Hayan Abdel Ghani, which was carried by the local press, on Tuesday. […]
Posted inExploration & Production
QatarEnergy, CPChem award early site-works contract for the Ras Laffan Petrochemical project
Announced in 2019, the Ras Laffan Petrochemical Project is a joint venture between QatarEnergy and Chevron Phillips Chemical
Posted inNews
Adnoc finds new oil at Bu Hasa, Onshore Block 3 and Al Dhafra fields
The 500 million barrels of oil discovered from the exploration well in the Bu Hasa field has unlocked a new formation within the field, offering substantial additional premium-grade Murban oil resources
Posted inExploration & Production, News, Products & Services
NESR wins $300mn fracturing contract in Saudi Arabia
The contract is for a period of three years and can be extended up to another two years
Posted inNews
Saudi Arabia looks to position NEOM as a hydrogen leader
Discussions occurred at the World Hydrogen MENA conference, held in Dubai last month. It brought together more than 200 attendees for two days of panels and networking
At the first-ever conference devoted exclusively to carbon-free hydrogen in the Middle East and North Africa (MENA), participants looked in depth at the technical and financial complexities of getting major projects off the ground. They covered projects announced by various consortiums worldwide, all in early-stage development. An exception appeared in Saudi Arabia’s $5bn hydrogen-based ammonia […]
Posted inNews, Products & Services
US authorities warn energy companies of cyberattacks amid persistent threats
The warning was issued to all critical infrastructure organisations, but in particular to the energy sector
US government agencies came together earlier this week to warn that state-sponsored cyber-attacks on critical infrastructure remains a serious threat, highlighting that some hackers have developed malware allowing them to gain full system access. The advisory was issued by the Department of Energy (DOE), the Cybersecurity and Infrastructure Security Agency (CISA), the National Security Agency […]
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