Offshore Middle East News http://www.oedigital.com/regions/middle-east?format=feed Offshore Middle East News en-US Thu, 08 Jun 2023 03:47:43 -0400 https://www.oedigital.com/news/505681-adnoc-l-s-to-build-975m-artificial-island-for-lower-zakum-offshore-field ADNOC L&S to Build $975M Artificial Island for Lower Zakum Offshore Field ADNOC Offshore has awarded ADNOC Logistics and Services a $975-million contract to build an artificial island for an offshore oil field project in Abu Dhabi.According to ADNOC L&S… Thu, 08 Jun 2023 07:47:43 Z https://www.oedigital.com/news/505681-adnoc-l-s-to-build-975m-artificial-island-for-lower-zakum-offshore-field https://www.oedigital.com/news/505607-saudi-output-cut-unlikely-to-lift-oil-prices-to-high-80s-low-90s-citi-says Saudi Output Cut Unlikely to Lift Oil Prices to High $80s-low $90s, Citi Says Top crude exporter Saudi Arabia's one million barrel per day (bpd) oil output cut is unlikely to underpin a 'sustainable price increase' into the high $80s-low $90s… Tue, 06 Jun 2023 09:59:05 Z https://www.oedigital.com/news/505607-saudi-output-cut-unlikely-to-lift-oil-prices-to-high-80s-low-90s-citi-says https://www.oedigital.com/news/505576-ad-ports-and-crystal-offshore-sign-deal-to-set-up-offshore-rig-and-vessel-repair-base-in-abu-dhabi-s AD Ports and Crystal Offshore Sign Deal to Set Up Offshore Rig and Vessel Repair Base in Abu Dhabi's Khalifa Port Abu Dhabi-based AD Ports Group has signed a 25 years agreement with Singapore-based Crystal Offshore a logistics solution provider to the marine & offshore Industry… Mon, 05 Jun 2023 10:02:34 Z https://www.oedigital.com/news/505576-ad-ports-and-crystal-offshore-sign-deal-to-set-up-offshore-rig-and-vessel-repair-base-in-abu-dhabi-s https://www.oedigital.com/news/505570-brent-may-rise-toward-100-bbl-as-saudi-output-cut-could-worsen-supply-gap-analysts Brent May Rise Toward $100/bbl as Saudi Output Cut Could Worsen Supply Gap - Analysts A global shortfall in crude oil supply is set to deepen in the third quarter as the world's top exporter Saudi Arabia pledged extra output cuts from July in a move… Mon, 05 Jun 2023 08:38:11 Z https://www.oedigital.com/news/505570-brent-may-rise-toward-100-bbl-as-saudi-output-cut-could-worsen-supply-gap-analysts https://www.oedigital.com/news/505566-saudi-pledges-big-oil-cuts-in-july-as-opec-extends-deal-into-2024 Saudi Pledges Big Oil Cuts in July as OPEC+ Extends Deal into 2024 Saudi Arabia will make a deep cut to its output in July on top of a broader OPEC+ deal to limit supply into 2024 as the group seeks to boost flagging oil prices… Mon, 05 Jun 2023 06:56:56 Z https://www.oedigital.com/news/505566-saudi-pledges-big-oil-cuts-in-july-as-opec-extends-deal-into-2024 https://www.oedigital.com/news/505478-iraq-approves-416-9m-to-build-third-offshore-export-pipeline-dutch-firm-selected-for-the-job Iraq Approves $416.9M to Build Third Offshore Export Pipeline. Dutch Firm Selected for the Job The Iraqi cabinet approved on Tuesday $416.9 million for the construction of a third offshore export pipeline, it said in a statement.Iraq's state-run Basra Oil… Wed, 31 May 2023 10:45:11 Z https://www.oedigital.com/news/505478-iraq-approves-416-9m-to-build-third-offshore-export-pipeline-dutch-firm-selected-for-the-job https://www.oedigital.com/news/505448-qatarenergy-to-sign-long-term-asian-lng-supply-deal-on-thursday-source QatarEnergy to Sign Long-term Asian LNG Supply Deal on Thursday - Source QatarEnergy will sign a long-term liquefied natural gas (LNG) supply deal with an Asian entity on Thursday, a source with direct knowledge of the matter told Reuters… Tue, 30 May 2023 12:50:20 Z https://www.oedigital.com/news/505448-qatarenergy-to-sign-long-term-asian-lng-supply-deal-on-thursday-source https://www.oedigital.com/news/505345-us-eu-lawmakers-push-to-depose-uae-s-jaber-from-climate-talks US, EU Lawmakers Push to Depose UAE's Jaber from Climate Talks Over 100 members of the U.S. Congress and European Parliament called on Tuesday for Sultan al-Jaber to be removed as the designated head of the upcoming COP28 climate talks… Wed, 24 May 2023 13:35:27 Z https://www.oedigital.com/news/505345-us-eu-lawmakers-push-to-depose-uae-s-jaber-from-climate-talks https://www.oedigital.com/news/505196-aramco-names-presidents-for-upstream-and-downstream-businesses Aramco Names Presidents for Upstream and Downstream Businesses Saudi Arabian oil giant 2 Aramco on Thursday named Nasir al-Naimi and Mohammed Al Qahtani as presidents of its upstream and downstream businesses, respectively… Thu, 18 May 2023 07:42:44 Z https://www.oedigital.com/news/505196-aramco-names-presidents-for-upstream-and-downstream-businesses https://www.oedigital.com/news/505132-qatarenergy-awards-10b-epc-contract-to-technip-energies-led-joint-venture QatarEnergy Awards $10B EPC Contract to Technip Energies-led Joint Venture QatarEnergy has awarded Technip Energies-led joint venture with Consolidated Contractors Company (CCC), a $10 billion engineering, procurement, construction, and… Tue, 16 May 2023 13:20:51 Z https://www.oedigital.com/news/505132-qatarenergy-awards-10b-epc-contract-to-technip-energies-led-joint-venture https://www.oedigital.com/news/505123-cyprus-and-israel-discussing-offshore-gas-pipeline-link Cyprus and Israel Discussing Offshore Gas Pipeline Link Cyprus and Israel are in talks over the construction of a pipeline linking their offshore gas fields, Cyprus's energy minister said on Monday.But George Papanastasiou… Tue, 16 May 2023 09:16:52 Z https://www.oedigital.com/news/505123-cyprus-and-israel-discussing-offshore-gas-pipeline-link https://www.oedigital.com/news/505028-win-up-to-1-million-adnoc-launches-global-competition-to-reshape-energy-landscape Win Up to $1 Million: ADNOC Launches Global Competition to "Reshape Energy Landscape" Abu Dhabi-based oil and gas giant ADNOC on Thursday launched a global competition to find innovations that will 'reshape the global energy landscape.'The Decarbonization… Thu, 11 May 2023 10:06:52 Z https://www.oedigital.com/news/505028-win-up-to-1-million-adnoc-launches-global-competition-to-reshape-energy-landscape https://www.oedigital.com/news/504947-aramco-q1-profit-falls-19-to-31-9b Aramco Q1 Profit Falls 19% to $31.9B Saudi oil giant Aramco posted a first-quarter net profit of 119.54 billion riyals ($31.88 billion) on Tuesday, a fall of about 19% from the previous year.It said… Tue, 09 May 2023 10:28:54 Z https://www.oedigital.com/news/504947-aramco-q1-profit-falls-19-to-31-9b https://www.oedigital.com/news/504821-totalenergies-hires-semi-submersible-drilling-rig-for-lebanon-s-offshore-block-9 TotalEnergies Hires Semi-submersible Drilling Rig for Lebanon’s Offshore Block 9 French oil major TotalEnergies, in agreement with its partners ENI and QatarEnergy, announced on Tuesday that they signed a firm contract with Transocean to hire… Wed, 03 May 2023 06:30:58 Z https://www.oedigital.com/news/504821-totalenergies-hires-semi-submersible-drilling-rig-for-lebanon-s-offshore-block-9 https://www.oedigital.com/news/504690-petrofac-s-annual-operating-loss-widens-on-cost-overruns Petrofac's Annual Operating Loss Widens on Cost Overruns Oilfield services provider Petrofac on Thursday reported a steeper full-year operating loss, hit by cost overruns at its largest division amid contractual and commercial issues… Thu, 27 Apr 2023 09:11:44 Z https://www.oedigital.com/news/504690-petrofac-s-annual-operating-loss-widens-on-cost-overruns