New US tariffs and escalating global trade tensions have impacted vessel markets in the first half of 2025, depressing investment in some sectors while accelerating strategic orders in others, ...

Under the MoU signed by bp, the company will evaluate redevelopment opportunities in the mature giant Sarir and Messla oilfields in Libya’s Sirte basin, including the exploration potential of adjacent ...

Implementation involves scheduled tracer injection into the CO₂ stream with periodic CAT sample retrieval for laboratory analysis. The system's integrated architecture correlates surface measurements ...

SEB analyst Ole Hvalbye told Reuters that global oil benchmark Brent crude could gain US$3 to US$5 per barrel when markets ...

DUG has released the latest results from its elastic multi-parameter full waveform inversion (MP-FWI) imaging technology which it launched in 2022, since when more than 70 successful projects have ...

NesmaKent Energy Company (NKJV), a joint venture between Saudi Arabia’s Nesma & Partners (N&P) and global engineering company Kent, has won its first project management contract (PMC) from Aramco ...

Fossil fuel operations in the Middle East and North Africa emitted around 20 Mt of methane in 2024, nearly all from oil and gas operations, with Iraq, Iran and Algeria accounting for more than 30% of ...

Qatar Fertiliser Company (QAFCO) has awarded an EPC contract valued at around US$1.06bn for a blue ammonia train to a consortium of thyssenkrupp Uhde and Consolidated Contractors Company (CCC) The ...

ADNOC Drilling has been awarded a contract from ADNOC Offshore for a further three AI-enabled island rigs destined for the offshore Zakum development project, supporting ADNOC’s target to expand oil ...

Driven by rising seasonal demand and geopolitical uncertainty, global oil markets could see tighter balances this summer, despite a projected surplus of supply in 2025, according to Rystad Energy This ...

SAMSUNG E&A is set to construct the UAE’s first methanol plant in Al Ruwais Industrial City, Abu Dhabi This follows the award of an engineering, procurement and construction (EPC) contract award worth ...

Halliburton and Nabors Industries have through their combined solutions achieved the first fully automated surface and subsurface execution of rotary and slide drilling operations in Oman, resulting ...