ADNOC, UAE, signed a 15-year Sales and Purchase Agreement (SPA) with Osaka Gas, Japan, for up to 0.8 mtpa of L ..Read More

ADNOC, UAE, signed a 15-year Sales and Purchase Agreement (SPA) with Osaka Gas, Japan, for up to 0.8 mtpa of LNG from its Ruwais LNG project, set to begin operations in 2028. This marks ADNOC’s first long-term LNG agreement with Osaka Gas and the fourth for the Ruwais project, bringing total committed capacity to 8 mtpa out of 9.6 mtpa. The Ruwais plant, operating on clean power, will be one of the lowest-carbon intensity LNG facilities globally, enhancing ADNOC’s global LNG expansion strategy.
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Bapco Energies, Bahrain, signed an agreement with EOG Resources, U.S., to evaluate a promising gas exploration ..Read More

Bapco Energies, Bahrain, signed an agreement with EOG Resources, U.S., to evaluate a promising gas exploration prospect in the Kingdom, with drilling expected to begin in 2025. This collaboration, following high-level discussions in January 2025, aligns with Bahrain’s National Energy Strategy, leveraging advanced technologies and strategic partnerships to support sustainable economic growth and the country’s energy transition.
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QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Lt ..Read More

QatarEnergy signed a 20-year Sales and Purchase Agreement (SPA) with Guangzhou Guanggang Gases & Energy Co. Ltd (G-gas) to supply 100 million cubic feet per annum of helium to China, marking Qatar’s first direct long-term helium supply agreement with China. The helium will be sourced from Qatar’s Ras Laffan facilities, with capacity expected to double through North Field LNG expansion projects. This agreement strengthens QatarEnergy’s global partnerships and supports critical industries reliant on helium, including medical, technology, and space exploration sectors.
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SOHAR Port and Freezone has commenced dredging operations for the $1.6 billion Marsa LNG project, aiming to po ..Read More

SOHAR Port and Freezone has commenced dredging operations for the $1.6 billion Marsa LNG project, aiming to position SOHAR as the Middle East’s first LNG bunkering hub. Led by Boskalis’ advanced dredgers, the operation will remove 4 million cubic meters of material to develop key maritime infrastructure, ensuring completion by September 2025. Marsa LNG will produce 1 million metric tons of LNG annually, powered by a 300 MW solar plant, supporting Oman’s carbon neutrality goal by 2050 and reinforcing SOHAR’s role in sustainable maritime growth and global trade.
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vEnerMech secured a five-year contract extension with North Oil Company (NOC) to provide leak testing and flan ..Read More

vEnerMech secured a five-year contract extension with North Oil Company (NOC) to provide leak testing and flange management services at Qatar's Al Shaheen Oil Field, reinforcing their relationship since 2017. The contract includes bolt tensioning, torquing, pipe freezing, and training, leveraging EnerMech’s in-depth knowledge of NOC’s assets. CEO Chuck Davison and Regional Director Dan Collins highlighted the Qatar team’s expertise and commitment, positioning EnerMech for continued growth in the region.
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Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuw ..Read More

Baker Hughes signed an MoU with Kuwait Oil Company (KOC) to establish a research and development center in Kuwait, focusing on optimizing production using artificial lift, chemicals, and digital technology. The collaboration aims to address KOC’s technology challenges, develop national research capabilities, enhance local expertise, and promote economic growth and employment. Baker Hughes expressed pride in contributing to the progress of Kuwait’s oil and gas industry.
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Oman LNG signed a 10-year Sale and Purchase Agreement (SPA) with Switzerland-based Mercuria to supply 800,000 ..Read More

Oman LNG signed a 10-year Sale and Purchase Agreement (SPA) with Switzerland-based Mercuria to supply 800,000 metric tonnes of LNG annually on a Free on Board (FOB) basis, starting in April 2025. This partnership reinforces Oman LNG’s role in ensuring reliable global energy supplies and supports Oman’s economic growth. The agreement also strengthens Mercuria’s position in the LNG trading sector, enhancing its ability to meet rising global energy demands.
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ADNOC Gas UAE signed a 14-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil) ..Read More

ADNOC Gas UAE signed a 14-year Sales and Purchase Agreement (SPA) with Indian Oil Corporation Ltd (IndianOil) to export up to 1.2 million tonnes of LNG annually, valued between $7 billion to $9 billion, with deliveries starting in 2026. This agreement strengthens UAE-India energy ties and supports India’s goal to increase gas usage to 15% of its energy mix by 2030. The LNG will be supplied from ADNOC Gas’ Das Island facility, which has a production capacity of 6 mtpa and has shipped over 3,500 cargoes globally.
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