offshore | Egypt Oil & Gas
ADNOC Secures $6.2 Bn FID For Umm Shaif Gas Cap Offshore Project
Abu Dhabi National Oil Company (ADNOC) has secured a $6.2 billion final investment decision (FID) to develop the offshore Umm Shaif Gas Cap project in Abu Dhabi, reinforcing the country’s energy security and its...
ExxonMobil to Invest $1 Billion in Nigeria
ExxonMobil and its partners will invest $1 billion in the Usan Infill Project offshore Nigeria, a development expected to add about 40,000 barrels per day (bbl/d) of crude oil production. ExxonMobil Nigeria Managing D...
Baker Hughes to Deploy Advanced Wireline Services in India
Baker Hughes, a leading energy technology company, announced that it has secured multiple contracts from India’s Oil and Natural Gas Corporation Limited (ONGC) to deliver advanced wireline services aimed at enha...
Maridive Returns to Black in Q1 2025 on Higher Revenues, Leaner Cost Base
Maridive & Oil Services reported a profit in the first quarter (Q1) of 2026, supported by higher revenues and lower costs. According to the unaudited standalone financial results approved by the Board of Directors...
TotalEnergies, QatarEnergy, ConocoPhillips to Evaluate Offshore Syria Block
TotalEnergies, the French energy major, alongside partners QatarEnergy, the Qatari state energy company, and ConocoPhillips, the US oil producer, have signed a Memorandum of Understanding (MoU) with the Syrian Petrole...
Egypt Makes New Offshore Oil Discovery in Gulf of Suez
The Ministry of Petroleum and Mineral Resources (MoPMR) announced a new oil discovery offshore the Gulf of Suez, following the successful drilling of the Northeast Ramadan Crystal exploration well (NER-1X). The well i...
PMS to Develop Phase Four of Kamose Gas Field Offshore North Sinai
Petroleum Marine Services (PMS) has been awarded the execution contract for the development of Phase Four of the Kamose offshore gas field in North Sinai. The scope of work includes the installation of three new offs...
ExxonMobil, QatarEnergy Explore Natural Gas Offshore Cyprus
ExxonMobil and Qatar Energy have commenced exploratory drilling for natural gas in a prospect named Electra, located west of Cyprus, as announced by Cyprus President Nikos Christodoulides on X. The drilling operations...
