Higher E&P expenditure, financial durability of the companies and customers are likely to drive the oilfields services (OFS) market...

The Dubai Mercantile Exchange (DME) announced today that Oman’s Ministry of Oil and Gas has become the first customer...

Multi-million dollar contracts were signed by corporate entities, including small and medium enterprises (SMEs), in various fields during the...

Noble Energy (NBL) has agreed to sell its 47% stake in two undeveloped gas fields in the eastern Mediterranean...

Algeria will focus next year on maximizing output at its mature fields, and seek out foreign partners with the...

Nigeria exported 64.86 mmbbl, or 2.09 mmbbld, of oil including condensates in July, in comparison to 1.98 mmbbld in June,...

A source at EGPC told Egypt Oil & Gas that the local decline in the value of the dollar...

A government source informed Egypt Oil & Gas that the government has ruled out raising fuel prices, a decision...

German credit insurance agency Euler Hermes has agreed to underwrite a €4.1b loan to Egypt from a consortium of...

A day after reassuring the country that Eskom – South African electricity public utility – plans to avoid load...