ADNOC inked a 15-year Sales and Purchase Agreement (SPA) agreement with the Indian Oil Corporation Ltd (IndianOil), India’s leading integrated energy player, to deliver 1 million tons of liquefied natural gas (LNG) ann...
As Bahrain enters the final weeks of the sweltering summer season, the island kingdom is wrapping up its first ever summer of LNG imports. Five years after commissioning its $1bn LNG import terminal at the end of 2019, M...
Badr El Din Petroleum (BAPTECO) has produced an average of 53,000 barrels of oil equivalent per day (boe/d) this year, drilled 18 wells and carried out 79 well workover and recompletion operations with total investments ...
In a meeting with Mostafa Madbouly, Egypt’s Prime Minster, Karim Badawi, Minister of Petroleum and Mineral Resource, reviewed the expansion plans for various exploration and discovery activities, as well as the efforts...
Gulf of Suez Petroleum Company (GUPCO) invested $452m in FY 2024/25, maintained production level at around 57,000 barrels per day (bbl/d) and completed the first phase of the North Safa field, Abdul Wahab El-Maghawry, th...
Production from the Partitioned Neutral Zone (PNZ) has remained steady so far this year and is on course for a full-year average broadly in line with 2024 levels. The PNZ is managed jointly by Saudi Arabia and Kuwait, wi...
The volume of butane gas provided by the Petroleum Gas Company (Petrogas) during the fiscal year ending in July came at 3.674 million tons, the company’s Chairman, Mohamed Farahat noted during the general assembly chai...
Kuwait’s gas production set a new monthly record of 2.07bn cfd in June (see chart 1), and is well on track to beat last year’s annual record of 1.83bn cfd for the year as a whole. Production averaged 1.85bn cfd over ...
Baker Hughes, an energy technology company, won a long-term agreement for supplying services to bp for its Tangguh Liquefied Natural Gas (LNG) plant in Papua Barat, Indonesia. Under the 90-month deal, Baker Hughes will d...
The exploration activities in the North Lotus Deep-1 well in Western Desert yielded positive results and it will add about 1,835 barrels of crude oil per day (b/d) and 7 million cubic feet of natural gas daily (mcf/d), w...
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