News / International
Aramco to Build $5b Marine Complex
Saudi Aramco is developing a marine complex andmaritime yard at Ras al-Khair on the kingdom's east coast, with investments of over $5.33b.
Cairn Energy to Drill 2 Well Offshore of Senegal
UK's Cairn Energy and Senegal joint venture partners have decided to drill two appraisal wells on the SNE oil field off Senegal in early 2017 using the Stena Drilling’s 2007-built drillship, Stena DrillMAX.
NIDC Drilled 141 Oil, Gas Wells
The National Iranian Drilling Company has completed drilling operations on 141 oil and gas wells both onshore and offshore.
ADNOC to Expand in Petchem, Offshore Technology
Abu Dhabi National Oil Company (ADNOC) to almost triple its annual petrochemical production. The company has also reached an agreement with Schlumberger in offshore drilling technology.
Israeli Gas Project Secured $1.75b Funding
Delek Drilling and Avner Oil Exploration, have signed commitment letters with HSBC and J.P. Morgan for up to $1.75b of financing.
Aramco to Increase Oil Supply to Asia
State oil giant Saudi Aramco has agreed to supply some customers in Asia with incremental crude that will load in January.
Sudapet to Solely Own Block B2
Sudan's Sudapet will become the sole owner of Block B2, located in the southern part of the country. This comes in line with the new production sharing agreement (PSA) and will take effect late November.
224 Firms Submitted Bids to Lift Nigerian Crude
The Nigerian National Petroleum Corporation (NNPC) has announced that 224 companies have submitted bids for the lifting and sale of crude oil during the upcoming 12-months calendar.
