Corporate
MENA has the world's largest upstream reserves. But tough terms and, in some countries, an outright ban on foreign operators, means it is often a difficult hunting ground for international oil firms. Total sees the advantage in low-cost barrels in Abu Dhabi, and underpriced (it reckons) Libya assets. Chinese and Russian firms are also expanding. But many US firms are pulling back, eyeing better returns in domestic shale.
Corporate
31 Oct, 2025
Featured
Adnoc Drilling: Record Results
Adnoc Drilling has revised upwards its financial guidance for 2025 as its accelerating unconventional drilling portfolio drives revenues and profits to new heights.
Adnoc Drilling Firms Up Guidance For Record Revenues, Profits This Year And Next ($mn)
Corporate
31 Oct, 2025
Top Story
Qatar Picks Up Egypt Offshore Block By Gaza
QatarEnergy’s newly acquired Egypt acreage lies on the maritime border with Gaza.
QatarEnergy Key East Mediterranean Assets
NEWS IN BRIEF
Morocco Plans To Phase Out Coal By 2040
31 Oct, 2025
Egypt To Launch Red Sea Offering
31 Oct, 2025
Eni Completes Final Zohr Sidetrack
31 Oct, 2025
Jordan Signs Up Kuwaiti Driller For 80 Risha Wells
31 Oct, 2025
Adnoc Sour Gas To Start In 2026, Says PTTEP
31 Oct, 2025
Qatar Signs 17-Year India LNG Deal
31 Oct, 2025
US China Suspend Port Fees Clash
31 Oct, 2025
Ratqa Steam Co-Generation Plans
31 Oct, 2025
SELECTED DATA
PTTEP’s Algeria Output Is Set To More Than Double, With Gas Becoming Dominant, With Purchase Of Touat Stake (‘000 b/d & boe/d^)
Egypt’s Zohr Gas Field: Output Has Dropped To 1.6bn cfd Ahead Of Development Drilling That Aims To Add 220mn cfd By Mid-2025 (bn cfd)
Turkmenistan Gas Exports: Heavily Reliant On China (bcm)
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