Aramco to Invest $18b in Expansion in the Americas

• Sunday, 28th May 2017
• by Editorial Team

Saudi Aramco plans to spend $18b in the next five years to expand its operations in the Americas.

Iran’s NIOC Teams Up with PNOC, Tubacex

• Sunday, 28th May 2017
• by Editorial Team

Philippines's PNOC has teamed up with Iran's NIOC to explore possible investments in the Middle East and in a refinery in Mindanao.

Petrofac Resumes Gas Operations in Tunisia

• Sunday, 28th May 2017
• by Editorial Team

The British energy firm confirmed that work had resumed at the Chergui gas field concession on Kerkennah island in southeast Tunisia.

Kuwait Increases Oil Exports to China

• Thursday, 25th May 2017
• by Sarah Samir

Kuwait's crude oil exports to China increased by 37.5%.

Kuwait Urges Deepening OPEC Oil Cuts

• Thursday, 25th May 2017
• by Sarah Samir

OPEC and non-member oil producers could deepen output cuts or extend them for a year.

MENA Crude Weakens Following Omani Prompt Oil Offer

• Thursday, 25th May 2017
• by Sarah Samir

The Middle East crude market weakened for a second session as prompt oil sales by Oman weighed on the market.

CGG Extands Contract with Oman’s PDO

• Thursday, 25th May 2017
• by Editorial Team

CGG's contract was extended until 2021 for the provision of subsurface imaging technology.

Saudi Arabia Strenghen Ties With US

• Thursday, 25th May 2017
• by Editorial Team

US companies signed deals worth billions of dollars with Saudi Arabia’s oil and gas industry.

Iraq Mulls Largest Sovereign Oil-Hedging Deal

• Thursday, 25th May 2017
• by Editorial Team

Iraq is mulling an oil hedging program to lock in prices for future crude sales, potentially topping a similar deal run by Mexico.

Iran Discovers New Gas Field

• Thursday, 25th May 2017
• by Editorial Team

The field, called Sepand, has 1.5tcf of sweet gas, of which about 792bcf could be recoverable.