The seminar held by the Iraqi Forum of Intellectuals and Academics – and which I talked about last week – had a good presentation about Iraq’s upstream oil developments. It was done by Faleh Alkhayat, form...
South Korea’s GS Energy said on Wednesday it had agreed to buy a stake worth 743 billion Korean won ($676 million) in a new 40-year onshore oil concession in Abu Dhabi, the latest move by import-dependent Asian ...
Saudi Aramco senior vice-president Amin al-Nasser has been named acting chief executive of the state oil giant until further notice, Aramco said on its website on Friday. Nasser has been serving as senior vice-preside...
In a strategic move to manage its concession portfolio, Loyz Energy Limited has entered into two binding memorandum of understanding (MOUs) with Sun Petrochemicals Private Limited (a leading manufacturer of petroleum ...
SpeedCast International Limited has signed a definitive agreement for the acquisition of Hermes Datacommunications International Ltd, a leading global provider of managed network services for the upstream oil and gas ...
Massive projects currently underway will take Bahrain towards sustainable energy security, Energy Minister Dr Abdulhussain Mirza has said. He was speaking at the opening of the 19th Middle East Oil and Gas Show and Co...
KrisEnergy Ltd. (“KrisEnergy” or the “Company”), an independent upstream oil and gas company, refers to the announcement dated 1 July 2014 in relation to the acquisition of Premier Oil Sumatra (North) B.V. (which hold...
While the UK has seen considerable growth in upstream spending recently, the dropping oil price could see this trend reversed. That’s according to analysts Wood Mackenzie’s annual UK upstream review. After years...