News
Egypt starts its first global bid for oil and gas exploration through the digital portal

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources, gave the Egyptian Upstream Gateway “EUG” the signal to start the actual operation, via video conference.  ”...

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Japan’s Cosmo strengthens its partnership with ADNOC and the Abu Dhabi government in offshore exploration operations

The Abu Dhabi National Oil Company (ADNOC) announced the signing of an oil and gas exploration concession agreement, under which the Cosmo Offshore Exploration and Production Company Limited, a...

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Iraq: The Prime Minister stresses the importance of rationalizing the investment of financial resources obtained from the oil prices increase

Prime Minister Mustafa Al-Kazemi held a meeting with the Finance Committee to discuss the financial budget in light of recent price developments in the global market. At the meeting, Al-Kazemi...

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Strategic Partnership between Chemikuwait and Halliburton

Eng. Alaa Hassan, CEO of Chemikuwait for Chemical Industries (CKCI), has expressed her satisfaction at announcing a major achievement by the company. A strategic agreement was signed with Halliburton...

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Mubadala Petroleum wins a contract for oil and gas exploration in the Red Sea, Egypt

Engineer Tarek El Molla, Minister of Petroleum and Mineral Resources in Egypt, signed a concession agreement for oil and gas exploration in “Sector 4” in the deep waters of the Red Sea,...

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UAE: “Noor Abu Dhabi” project is an ambitious initiative to reduce carbon emissions and support the environmental system.

Dr. Abdullah Belhaif Al-Nuaimi, Minister of Climate Change and Environment, explained his country’s plan and new policy in the environmental field to ensure that the UAE is free of harmful...

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الكويت: إعادة هيكلة القطاع النفطي بدمج شركات القطاع النفطي في 4 كيانات بنهاية 2021

بسبب تداعيات جائحة فيروس كورونا علي أسواق النفط العالمية، والتزام الكويت بقرارات خفض الانتاج الصادرة عن...

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ليبيا: إنتاج النفط يتعافي تدريجيا ليبلغ 1.3 مليون برميل يوميا، واستمرار التحسن مرهون بالاستقرار والميزانية

في منتصف يناير 2021، صرح رئيس المؤسسة الوطنية الليبية للنفط مصطفي صنع الله أن إنتاج بلاده من النفط يمر الآن...

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Iraq to reduce oil production to compensate for exceeding quota last year

Iraq, which is the second largest producer in OPEC after the Kingdom of Saudi Arabia, plans to reduce oil production in January and February of this year 2021 in order to compensate for its excess of...

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Kuwait Oil Company achieves three new oil discoveries

According to what was published by the Kuwait News Agency, the Minister of Oil and Minister of Electricity and Water in the State of Kuwait, Dr. Muhammad Al-Faris, announced two new oil discoveries...

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