Middle East

SOCAR and BP signed a new production sharing agreement (PSA) for the joint exploration and development of Block D230 in the North Absheron basin in the Azerbaijan sector of the Caspian…
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Petroliam Nasional Berhad (PETRONAS) and Saudi Aramco announced the formation of two joint ventures for the Refinery and Petrochemical Integrated Development (RAPID) project. The…
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Chevron Lummus Global (CLG) announced it has been awarded a contract by TOO Hill Resources (HILL) for the license and engineering design of a grassroots Lube Base Oil plant in Shymkent,…
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Jacobs Engineering Group Inc. has been awarded a contract for a pre-feasibility study, with the option of proceeding to a detailed feasibility study, for Kuwait Petroleum Corporation…
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Shell EP Middle East Holdings B.V. has agreed to sell the entire share capital of Shell Iraq B.V (SIBV), which holds its 19.6% stake in the West Qurna 1 oil field, for $406 million, to…
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The Abu Dhabi National Oil Company (ADNOC) signed agreements with Total of France, awarding them stakes in two of Abu Dhabi’s new offshore concessions. Under the terms of the…
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Xodus Group has delivered a decommissioning and abandonment study for wells, surface and subsea facilities in Tunisia on behalf of Thyna Petroleum Services (TPS). Xodus developed…
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The completion of the transaction is subject to the fulfillment of certain standard conditions, including all necessary authorizations from Egypt’s authorities. The Zohr super-giant…
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The Abu Dhabi National Oil Company (ADNOC) announced, today, its intention to move further downstream, as the company pivots to take full advantage of the rising demand for higher value…
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BP and SOCAR TURKEY ENERJI A.Ş (SOCAR Turkey) have entered into a licensing agreement for BP’s latest generation purified terephthalic acid (PTA) technology. SOCAR Turkey intends to…
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