Libyan Crude Output Marred by Security Concerns
The deteriorating security situation around Libya’s largest oil field, Sharara, has caused the country's crude oil output to fall once again.
News / International
KNPC to Meet Companies for Kuwait Solar Power Plant Project
The Kuwait National Petroleum Company (KNPC) will hold preliminary meetings with companies participating in the construction of the planned Al-Dibdibah solar power plant project.
Aramco, BAPCO Announce New Phase of Saudi-Bahrain Pipeline
Saudi Aramco and the Bahrain Petroleum Company (BAPCO) have commissioned the AB-4 pipeline, a new phase of the Saudi-Bahrain crude oil pipeline.
Iraqi Completes Repairs at Ajil Oilfield
Iraq has completed repairs at the Ajil oil field which was torched by Islamic State militants in 2015, the country's oil minister said on October 9.
NIOC-Owned North Sea Field Given US Sanctions Waiver
The US Office of Foreign Assets Control (OFAC) has issued a waiver that will allow the bypassing of US sanctions placed on the Rhum gas field in the UK’s North Sea, which is 50% owned by the National Iranian Oil Company (NIOC).
Eni, BP and NOC Sign Deal to Resume Libyan Exploration
Eni, BP, and the National Oil Company (NOC) have signed a Letter of Intent (LOI) for an Exploration and Production Sharing Agreement (ESPA) in Libya to boost in-country exploration and development activities.
Saudi Aramco, Total to Work on Petrochemical Facility at Jubail Refinery
Total and Saudi Aramco signed an agreement on October 8 for engineering studies on the construction of a petrochemicals complex at the Jubail Satorp refinery worth $5 billion.
Oman Announce Plans for Second Giant Solar Project
Oman Power and Water Procurement (OPWP) have opened a bidding round for a new utility-scale one gigawatt (GW) solar power plant in Oman’s Dhahirah governorate.
Saudi Aramco IPO by Early 2021: Crown Prince
Saudi Aramco's initial public offering (IPO) will take place by 2021, Crown Prince Mohammed bin Salman has said.
Baker Hughes Acquired 5% Stake in ANDOC Drilling for $550 million
Baker Hughes General Electric (BHGE), the world's second-largest services company, has purchased a 5% interest in the Abu Dhabi National Oil Company’s (ANDOC) drilling unit.
