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
13 Jun, 2025
Featured
Adnoc Gas $5bn Contracts
Adnoc Gas has taken FID on the first phase of its much-anticipated Rich Gas Development, awarding contracts worth $5bn to three firms.
Adnoc Gas Midstream Processing Facilities
Corporate
20 Jun, 2025
Top Story
Adnoc’s XRG Heads $18.7bn Bid For Australian Gas Firm Santos
Adnoc’s XRG is leading a multi-billion-dollar bid for Australian LNG player Santos. Will Australia’s regulators permit takeover by a foreign state-owned firm?
Santos To Boost Gas-Focused Projects Above 300,000 boe/d by 2030 (‘000 boe/d)
NEWS IN BRIEF
Socar Finalizes 10% Tamar Entry
27 Jun, 2025
Opec Seminar To Host Ministers And Senior Executives
27 Jun, 2025
Kuwait Plans Bond Issue
27 Jun, 2025
World Bank Approves Syria Electricity Loan
27 Jun, 2025
Gulf Shipping Rates Normalize
27 Jun, 2025
Sharjah Adds 60MW Solar Plant
27 Jun, 2025
Oman Offshore Reserves Boost
27 Jun, 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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