Exploration & Production

KBR gets contract to develop Iraq oilfield

Iraq OilEnergy services company KBR Inc said it was awarded a contract by Basra Oil Company (BOC) to develop the Majnoon Oil Field in Basra

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Total and Sonatrach to launch engineering studies for a petrochemical project in Arzew

TOtal SonaAs part of the comprehensive partnership announced in 2017, Total has signed an agreement with Sonatrach to launch the engineering studies for a petrochemical project in Arzew, western Algeria

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TAQA reports 42 per cent jump in Q1 net income

Oil drillingAbu Dhabi National Energy Company PJSC (TAQA) reported a jump in net income for the first quarter on the back of climbing oil prices and cost cuts

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Aramco signs purchase agreements worth US$6.93bn

AramcoCoreAreaSaudi Aramco has awarded purchase agreements worth about US$6.93bn to 16 Saudi pressure vessel makers as part of its efforts to boost the domestic private sector and create jobs

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Eni discovers oil at Faghur Basin in Egyptian Western Desert

Eni Faghur BasinEni, a major oil and gas player in Africa, has made an oil discovery on the A-2X exploration prospect which is located in South West Meleiha license, in the Egyptian Western Desert, about 103Km North of the oasis of Siwa

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