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MEED   

Abu Dhabi announces new oil discoveries

Approximately 650 million barrels of onshore crude oil reserves have been discovered by Adnoc.

Oman LNG receives bids for framework agreement

The majority Omani government-owned LNG producer intends to appoint consultants to provide EPCm services for future projects.

Contractors submit Kuwait oil testing facility bids

The testing facility project was delayed several times during the tendering process.

Libya pre-qualifies companies for strategic oil projects

The project’s focus is the installation of two reverse osmosis water treatment plants, including the construction of the buildings.

Egypt oil well exceeds expectations

The latest positive announcement from United Oil & Gas comes days after London-based SDX Energy announced a new gas discovery from its SD-5X exploration well in the South Disouq gas field in Egypt.

Kuwait bars Russian supply chain access

Although no official announcement has been made by KPC, prospective bidders on oil and gas projects have been told to replace Russian vendors with service providers from other countries.

Abu Dhabi fund halts investments in Russia

The Abu Dhabi sovereign wealth fund owns assets worth $3bn in Russia, which represents less than 1% of its portfolio.

Qatar to acquire Egypt offshore block stake

Under the terms of the agreement, QatarEnergy will hold a 40% working interest in the North Marakia offshore block in Egypt’s Mediterranean Sea waters.

Turkish firm wins Qatar North Field East sub-contracts

Chiyoda and TechnipEnergies have awarded sub-contracts for the main onshore package of the North Field East LNG scheme.