middle east

May 15, 2018
oil and gas news

The Glut Is Gone

OPEC said that the global oil supply surplus has nearly been eliminated, although the group is shifting its sights on lack of investment in upstream supply. […]
May 13, 2018

ADNOC announces AED165 billion investment plan to become leading downstream player

The Abu Dhabi National Oil Company, ADNOC, today unveiled plans to invest AED165 billion (US$45 billion) alongside partners, over the next five years, to become a […]
May 8, 2018

McDermott secures detailed design contract for QP’s North Field

McDermott has secured a detailed design contract from Qatar Petroleum (QP) covering the offshore jackets for the new North Field expansion project, located offshore Qatar. According […]
May 2, 2018
Iran oil news

One dead at Iranian gas field accident

One person is dead after a hydrogen sulfide leak was reported at an onshore processing unit tied to the South Pars gas field, the Iranian government […]
April 30, 2018

ADNOC awards OMV offshore oil concession stake

Abu Dhabi National Oil Company (ADNOC) said on Sunday it had signed a 40-year agreement with OMV, awarding the Austrian oil and gas group a 20 […]