Lamprell has been selected by the UAE’s Sharjah National Oil Corporation (SNOC) to carry out an engineering, procurement, installation and commissioning contract (EPIC) at the Mahani gas and condensate field in Sharjah.
Kuwait and Saudi Arabia will suspend oil production from their joint Khafji oil field and shut down affiliated facilities for one month starting from June 1.
Saudi Arabia-founded Arabian Geophysical and Surveying Company (Argas), the largest seismic acquisition company in Mena, is to expand its business internationally.
Norway’s crude oil production rose by 4.5% month-on-month from March to 1.78 million barrels per day (bpd), beating official forecasts by 1.8%.
China’s crude oil imports are expected to increase by 2% in 2020 due to the drop in oil prices.
Angola has released its preliminary export schedule for July, showing that Angola is set to reduce exports for July by nearly 9% in comparison to June.
Russia’s gas major Gazprom has started a feasibility study for its Power of Siberia-2 pipeline project.
Energean Oil and Gas plc terminated its agreement with Neptune Energy for the acquisition of its Edison Exploration and Production’s (E&P) UK and Norwegian subsidiaries.
Iran’s Doroud and Arvand oil fields have been made available by the Iranian Offshore Oil Company for foreign investment.
Nigeria LNG Limited (NLNG) has paid over $13 billion to the Federal Government for feed-gas purchase since the inception of its operations.
