The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43 ..Read More

The Ministry of Energy and Minerals, Oman, announced new investment opportunities in Oil and Gas Blocks 36, 43A, and 66 in collaboration with OQ Exploration and Production (OQEP) and Scotiabank. The initiative aims to attract investments in Oman’s exploration and production sector. Awarding of the blocks is subject to signing necessary Concession Agreements and issuance of Royal Decrees by His Majesty The Sultan.
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• Oil & Gas

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azi ..Read More

Svitzer has signed a 9-year terminal towage contract with Oman LNG to provide four new 65-ton bollard pull azimuth stern drive tugs for berthing and unberthing at Qalhat LNG Terminal starting in 2026. The contract includes towage, firefighting, escort, pilot boarding, and dive support services. Svitzer, operating in Oman since 2005, strengthens its position with this agreement, aligning with its growth strategy.
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• Oil & Gas

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third ..Read More

Baker Hughes secured a contract to supply six gas compression trains and six propane compressors for the third expansion phase of Aramco’s Jafurah gas field in Saudi Arabia. Awarded by Tecnicas Reunidas, the order was booked in Q4 2024 and will leverage Baker Hughes' Dammam Center. This deal strengthens its long-standing partnership with Aramco, supporting Saudi Arabia’s energy development with advanced gas compression technology.
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• Oil & Gas

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s ..Read More

ADNOC Gas signed a $450 million, three-year LNG supply agreement with JERA Global Markets to support Japan’s energy needs. The LNG will be supplied from Das Island, which has a 6.0 mtpa production capacity and has been supplying Japan for 48 years. This deal strengthens UAE-Japan energy ties and aligns with both companies’ goals for energy security and a lower-carbon future.
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• Oil & Gas

ADNOC’s Shah Field has achieved an industry-leading carbon intensity of 0.1 kgCO2e/boe, making it one of the ..Read More

ADNOC’s Shah Field has achieved an industry-leading carbon intensity of 0.1 kgCO2e/boe, making it one of the world’s least carbon-intensive oil fields. Located 230 km south of Abu Dhabi, the field produces 70,000 barrels per day and leverages AI, digitalization, and clean energy to optimize efficiency and reduce emissions. ADNOC continues to innovate, using advanced technologies like liquid ejectors and AI-driven predictive analytics to enhance sustainability and operational performance.
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• Oil & Gas

KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling c ..Read More

KBR has been awarded a contract to support Saudi Aramco’s Master Expansion Program, enhancing gas handling capacity across the Shaybah field’s Gas-Oil Separation Plants (GOSPs) and related facilities through 2028. The project focuses on sustainability by integrating carbon-free energy, carbon capture, and resource optimization to support Saudi Aramco’s 2060 net-zero goals. KBR, with over four decades of presence in Saudi Arabia, continues to contribute to the Kingdom’s Vision 2030 in energy and infrastructure development.
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Kuwait Oil Company (KOC) has discovered a major hydrocarbon reserve at the Al-Jlaiaa offshore field, spanning ..Read More

Kuwait Oil Company (KOC) has discovered a major hydrocarbon reserve at the Al-Jlaiaa offshore field, spanning 74 sq. km. The field holds 800 million barrels of medium-density oil and 600 billion cubic feet of associated gas. This marks Kuwait’s second marine field discovery under the current exploration plan, following Al-Nokhatha in July 2024.
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• Oil & Gas

ADNOC Gas and EWEC have signed a $10 billion, 10-year strategic agreement to ensure a stable and flexible natu ..Read More

ADNOC Gas and EWEC have signed a $10 billion, 10-year strategic agreement to ensure a stable and flexible natural gas supply, supporting the UAE’s energy transition. Announced at Abu Dhabi Sustainability Week 2025, the partnership enhances renewable energy integration, energy security, and economic diversification, aligning with the UAE’s Net Zero by 2050 goals. The agreement reinforces ADNOC Gas’s commitment to lower-carbon energy solutions while enabling EWEC to drive a decarbonized water and electricity system.
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• Oil & Gas