Saudi Arabia has transformed over the past decade as the government has pursued the Vision 2030 reform program launched by Crown Prince Mohammed bin Salman Al Saud in 2016. The kingdom is racing ahead on many metrics, as...
Abu Dhabi state offtaker Ewec announced on 28 April that it is extending the lifetime of the Shuweihat-1 (S1) power plant. The facility is currently a gas-fired combined cycle cogeneration plant with the capacity to prod...
A curious paradox unfolded in the oil market this week: despite growing anxieties over a looming military conflict between the two nuclear-armed South Asian neighbors, crude oil prices experienced a significant decline...
Saudi Aramco and Nabors Drilling are considering monetizing their 50:50 Sanad Drilling JV through an IPO. Speaking on the firm’s Q1 earnings call on 30 April, Nabors CEO Anthony Petrello, described an IPO as “the obv...
This week saw two major Gulf NOCs sign new deals to boost their growing LNG trading portfolios. On 30 April, Adnoc Trading signed an agreement to supply India’s Hindustan Petroleum (HPCL) with volumes at the latter’s...
The Engineering for the Petroleum and Process Industries (ENPPI) organized an extensive meeting at the company’s headquarters on the occasion of the World Day for Safety and Health at Work. The event aligns with the st...
The fate of Egypt’s gas output has gone hand in hand with the country’s largest producer Zohr since the Eni-operated field’s late 2017 start-up. Zohr output initially soared to peak at 2.96bn cfd for 1Q 2021 but ha...
The IPR Energy Group (IPR) has announced another significant hydrocarbon discovery in the Yidma field (Yidma-12), located within the Yidma-Alamein concession in Egypt’s Western Desert. The well was drilled to a total d...
The Minister of Petroleum and Mineral Resources, Karim Badawi, said that the Ministry views its workforce as a cornerstone in achieving its strategy and meeting citizens’ needs for petroleum products and natural gas wh...
In recent years Oman’s oil and gas developments have moved ahead on two distinct tracks. Gas has raced ahead as IOC development of non-associated gas fields has enabled a series of gas-fed industrial projects. Meanwhil...
Hi! How can we help you? 👋