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Welcome to our Resource Center, your hub for the latest insights and updates in the MENA region. Explore our collection of blogs, discover funding deals, stay informed on government initiatives, and keep up with key business conferences

Top Government Initiatives in Oil & Gas

Read about all the government initiatives in Oil & Gas

Saudi Arabia

  •  October 30, 2024

Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) during Vie ..Read More

Aramco has signed a Collaboration Framework Agreement with Vietnam Oil and Gas Group (Petrovietnam) during Vietnamese Prime Minister H.E. Pham Minh Chinh's visit to Saudi Arabia. The agreement, formalized at the FII 8th Edition in Riyadh, aims to explore cooperation in the storage, supply, and trading of energy and petrochemical products, with a focus on optimizing operations and unlocking additional value.
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Saudi Arabia

  •  October 29, 2024

Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments pr ..Read More

Wood has secured an engineering services contract for Aramco’s Southern and Northern Areas gas increments project in Saudi Arabia, aimed at boosting natural gas production. The project will involve one million engineering hours, with Wood providing PMC services, Pre-FEED and FEED engineering for onshore gas facilities, and EPC contracting support. The seven-year project will engage over 400 employees across Saudi Arabia, the UK, and India.
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UAE

  •  October 29, 2024

Linde Engineering has partnered with NEXTCHEM to provide carbon capture technology for ADNOC’s Hail and Ghas ..Read More

Linde Engineering has partnered with NEXTCHEM to provide carbon capture technology for ADNOC’s Hail and Ghasha offshore gas project in the UAE. Linde’s HISORP® CC solution will capture and purify 1.5 million tonnes of CO2 annually, supporting ADNOC’s net-zero emissions goal. Powered by renewable energy, this technology achieves over 99% CO2 capture without increasing the carbon footprint, advancing ADNOC’s decarbonization efforts.
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Qatar

  •  October 27, 2024

Qatar Navigation Q.P.S.C. (Milaha) announces its subsidiary Halul Offshore Services Company W.L.L. has secured ..Read More

Qatar Navigation Q.P.S.C. (Milaha) announces its subsidiary Halul Offshore Services Company W.L.L. has secured a QAR 262 million EPCIC contract for the New Fiber Link Project with North Oil Company, enhancing connectivity in Qatar’s energy sector through a 140-km fiber cable system.
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MENA

  •  October 23, 2024

Weatherford Secures Multi-Year Contracts in Middle East Q3 2024 Results: Aramco, NOCs, and Kuwait Energy Tap S ..Read More

Weatherford Secures Multi-Year Contracts in Middle East Q3 2024 Results: Aramco, NOCs, and Kuwait Energy Tap Services Across Drilling, MPD, and Completions; Middle East Revenue Hits $542M, Rising 15% YoY with UAE and Saudi Arabia as Key Growth Drivers
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GCC

  •  October 19, 2024

SLB Secures Key Contracts in Gulf Countries Q3 2024: New JV with ADNOC for Unconventional Oil, LSTK Drilling w ..Read More

SLB Secures Key Contracts in Gulf Countries Q3 2024: New JV with ADNOC for Unconventional Oil, LSTK Drilling with KOC, and Integrated Well Services for Shell in Oman; Revenue Hits $3.30B, Up 1% QoQ and 16% YoY, Driven by Strong Sales Across the Region.
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UAE

  •  October 18, 2024

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir manag ..Read More

ADNOC deploys AIQ’s Advanced Reservoir 360 (AR360) solution on over 30 reservoirs, enhancing reservoir management and field development planning. Initially tested in 2024 at Bab and Umm Shaif fields, AR360 optimizes drilling and production, supporting ADNOC’s digital transformation and sustainability goals.
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MENA

  •  October 16, 2024

Weatherford International partners with Decahydron to innovate Natural Hydrogen extraction and CO₂ mineralis ..Read More

Weatherford International partners with Decahydron to innovate Natural Hydrogen extraction and CO₂ mineralisation in ultramafic rock formations across MENA. The collaboration, attended by dignitaries including HE Ahmed Al Kaabi, aims to advance the UAE’s National Hydrogen Strategy 2050 and support cleaner energy solutions.
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