The Italian giant, Eni, has commenced its drilling activities in Oman’s first deepwater exploration well in Block 52 offshore...

Agiba Petroleum Company and Pharaonic Petroleum Company (PHPC) both announced to boost their investments during Fiscal Year (FY) 2020/21,...

A summary of last week’s major macroeconomic updates and indicators brought to you on one page for your convenience....

Tunisia’s natural gas production dropped to reach 37,800 barrels per day (bbl\d), down from 70,000 bbl\d in 2010, according to...

Arabian Drilling Company awarded a contract to Siemens, under which Siemens is going to modernize a full drilling-drives package...

Lebanon is going to commence drilling activities for hydrocarbons in its waters within the last week of February, according...

Qatar Petroleum (QP) and Elengy signed a long-term agreement for liquified natural gas’s (LNG) receiving, storage and regasification services...

Kuwait’s National Petroleum Services (Napesco) was awarded a $25.4 million tender by Kuwait Gulf Oil Company (KGOC) and the Kuwait-based Saudi...

Saudi Aramco plans to invest $110 billion in developing unconventional gas reserves in Al-Jafoura field, as reported by the Saudi Press...

Khalda Petroleum Company’s – a joint venture (JV) between Egyptian General Petroleum Corporation (EGPC) and Apache -investments are expected to reach $792...