September - 2021

Contract awards set to rise following crude price gains

There was a 7% drop in oil and gas contract activity worldwide during 2Q 2021, according to GlobalData. There was a 7% drop in oil and...

Qatar Petroleum Awards Major EPC Deal for NFE Project

Qatar Petroleum has announced the award of a “major” engineering, procurement and construction (EPC) contract for its North Field...

Could we see $200/b oil

Global oil prices could soar to $200/b if no new investments are made in the oil and gas sector in the short-term, Oman's energy and...

Adnoc drives Penspen run of contract wins

Penspen has won a clutch of contracts worth $70 million in the Middle East and Africa, dominated by new agreements with Adnoc. The...

Oil and gas: a risky business

How can investors evaluate the changing oil and gas risk landscape? And what does it mean for valuations? Oil and gas faces an...

TAQA to conduct strategic review of its international oil and gas business

TAQA's latest strategy focuses on developing its utilities business in the UAE and internationally. Abu Dhabi National Energy Company...

CNOOC invites ‘alternative strategies’ for Buzzard, Scott and Golden Eagle EPC deal

CNOOC has invited early engagement on the lucrative EPC contract for its Buzzard, Scott and Golden Eagle assets in the North Sea. CNOOC...

UAE's ADNOC signs deals worth up to $1bn with top contractors

Abu Dhabi National Oil Company inks agreements for concept and front-end engineering design services for major projects. Abu Dhabi...

North Sea oil producers push UK to back 18 new projects

North Sea oil and gas producers are pushing the government to back up to 18 new fossil fuel projects in a major test of the UK’s...