Kuwait Oil Tanker to Increase LNG Tankers
Kuwait Oil Tanker Company (KOTC) aims to expand its fleet by adding eight liquified natural gas (LNG), crude, and petroleum tankers to its fleet by early 2021.
News / International
Yemen’s Safer Oil Resumes Pumping Oil to Arabian Sea
Yemen’s Safer Oil company, owned by the internationally recognized government of Yemen, resumed pumping oil from its fields in Shabwa to a terminal on the Arabian Sea.
ADNOC Awards LUKOIL 5% in Ghasha Concession
The Abu Dhabi National Oil Company (ADNOC) has awarded a 5% stake to LUKOIL in Ghasha ultra-sour gas concession.
Algeria Passes New Energy Law
Algeria’s cabinet approved a new energy law that is expected to pump more investments in the vital hydrocarbon sector.
Kuwait Embraces New Oilfield Technology from Weatherford
The 2019 Kuwait Oil & Gas Show and Conference is welcoming Weatherford to showcase its best-in-market oilfield technologies for directional drilling, managed pressure drilling (MPD), single-trip completions, production optimization and automated connection integrity.
Energean Enters SPA to Sell Edison’s UK, Norwegian Subsidiaries to Neptune
Energean Oil and Gas plc has entered a conditional Sale and Purchase Agreement (SPA) to sell the UK and Norwegian subsidiaries of Edison Exploration and Production (E&P).
Iran Discovers New Gas Field with 19 tcf Reserves
Iran has discovered a new natural gas field in the southern province of Fars.
Oman’s Crude Oil Production Reaches 29.18 MM Barrels in September
Oman’s total production of crude oil and condensates reached around 29.18 million barrels, with a daily average of around 972,750 barrels in September.
Saudi Arabia, Russia to Bring Energy Market Stability: Putin
Russian President Vladimir Putin ensured that Russia is willing to cooperate with Saudi Arabia to bring stability to the global energy market.
KPC to Boost Oil Exports, Gas Production
Kuwait Petroleum Corporation (KPC) aims to boost its oil exports and increase gas production.
