Iraq’s Nasiriyah, Gharraf Gas Fields Project Nears Operational Phase

• Tuesday, 23rd December 2025
• by Fatma Ahmed

Iraq's Nasiriyah and Gharraf natural gas field investment project has entered an advanced implementation stage, with specialized equipment now fully delivered and on-site installation set to begin, according to a statement by the Ministry of Oil. The project is being developed in cooperation with US US-based energy services company, Baker Hughes, in line with directives from Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani Al-Sawad.

Russia Boosts Pipeline Gas Supplies to China by quarter in 2025

• Monday, 22nd December 2025
• by Fatma Ahmed

Russia’s pipeline gas shipments to China are set to increase by about 25% this year, according to a source familiar with the data, as Moscow continues to pivot its energy exports toward Asia and deepen ties with the world’s largest energy consumer.

APPO Appoints Ghazali New Secretary General

• Monday, 22nd December 2025
• by Samar Samir

Farid Ghazali has taken over as the new Secretary General of the African Petroleum Producers Organization (APPO) for a two-year term starting January 4, 2026, during handover ceremonies in Brazzaville, Congo, according to a statement by the Ministry of Petroleum and Mineral Resources(MoPMR).

Saipem Awarded $3.1 Bn Share in QatarEnergy LNG Offshore Compression Project

• Monday, 22nd December 2025
• by Fatma Ahmed

Saipem, the global engineering, in consortium with China’s Offshore Oil Engineering Co (COOEC), has been awarded a major offshore engineering, procurement, construction, and installation (EPCI) contract by QatarEnergy LNG for the COMP5 package of the North Field Production Sustainability (NFPS) Offshore Compression Complexes project.

Harbour Energy Acquire LLOG for $3.2Bn

• Monday, 22nd December 2025
• by Samar Samir

Harbour Energy has agreed to acquire US-based LLOG Exploration Company LLC in a $3.2 billion deal that will establish a major deepwater presence for the company in the US Gulf of America, according to a press release. The transaction is designed to lift production, extend reserves life, improve margins, and support higher free cash flow and shareholder returns later this decade. The acquisition consideration includes $2.7 billion in cash and $0.5 billion in new Harbour voting ordinary shares to be issued to LLOG Holdings LLC.

ADNOC Secures $2Bn S.Korean Financing to Fund Sustainable Projects

• Sunday, 21st December 2025
• by Fatma Ahmed

Abu Dhabi National Oil Company (ADNOC) has signed a $2 billion (AED 7.34 billion) green financing agreement backed by the Korea Trade Insurance Corporation (K-SURE) to support the development of lower-carbon projects across its operations.

ADNOC Finalizes Up to $11 Bn Financing Deal for Hail and Ghasha Gas Project

• Thursday, 18th December 2025
• by Fatma Ahmed

Abu Dhabi National Oil Company (ADNOC), the State-owned energy major, has signed a landmark structured financing transaction of up to $11 billion to monetize future midstream gas production from the Hail and Ghasha project, in partnership with Eni and Thailand’s PTTEP.

Baker Hughes Wins Major KOC Contact to Boost Kuwait Oil Output

• Thursday, 18th December 2025
• by Fatma Ahmed

Baker Hughes, one of the major innovators, has secured a significant multi-year contract from Kuwait Oil Company (KOC), the state-owned oil company, to deploy advanced artificial lift technologies aimed at enhancing production across Kuwait’s oil and gas fields.

India’s Russian Crude Imports Set to Top 1 mmbbl/d in December Despite Sanctions

• Wednesday, 17th December 2025
• by Fatma Ahmed

India’s imports of Russian crude oil are set to exceed 1 million barrels per day (mmbbl/d) in December, according to trade and refining sources, bucking earlier expectations of a sharp drop as refiners resume purchases from non-sanctioned suppliers offering steep discounts, Reuters reported.

Energy trade between India and Russia has remained resilient despite increased Western sanctions, following a recent meeting between Russian President Vladimir Putin and Indian Prime Minister Narendra Modi, where both leaders reaffirmed their commitment to continued cooperation.

Saudi Midad Energy Eyes $22bn Lukoil Overseas Portfolio

• Wednesday, 17th December 2025
• by Fatma Ahmed

Saudi Arabia’s Midad Energy has become a key contender to acquire the international assets of Russian oil major Lukoil. The assets, estimated to be worth around $22 billion, include oilfields, refineries, and thousands of fuel retail stations across global markets.