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The two companies will jointly pursue exploration and production opportunities. (Image source: PETRONAS)

Exploration & Production

Malaysia’s PETRONAS has signed an MoU with OQ Exploration and Production New Ventures LLC (OQEP) a wholly-owned subsidiary of OQ Exploration and Production SAOG, to jointly pursue opportunities for oil and gas exploration and production across the Middle East and Southeast Asia

The collaboration will leverage PETRONAS’ international upstream expertise and OQEP’s regional knowledge, aiming to unlock new growth opportunities and accelerate value creation in diverse markets.

The agreement was signed at OQPE's headquarters in Oman by Mohd Redhani Abdul Rahman, vice president of International Assets of PETRONAS Upstream, and Mahmoud Al Hashmi, acting chief executive officer and chief operations officer of OQEP,. 

Redhani said, “This collaboration represents a meaningful step forward in our efforts to build a resilient and competitive upstream portfolio. By aligning our strengths with OQEP’s strategic direction, we are well-positioned to pursue impactful ventures in these regions.”

PETRONAS has been active in Oman since 2018 and currently holds participating interests in Block 61. This MoU builds upon the growing relationship between PETRONAS and OQEP, anchored on mutual respect and shared industry goals.

Oman's largest pure-play oil and gas exploration and production company and it is the only upstream oil and gas operator owned by the Government of Oman. OQEP currently ranks among the top three oil and gas producers and is also one of the largest holders of oil and gas reserves in Oman.

The system will enable the acquisition of detailed, high-resolution subsurface data in complex and challenging terrain. (Image source: STRYDE)

Industry

STRYDE’s Nimble Seismic System has been selected by DMT Group to acquire high-density seismic data for an onshore 3D oil and gas exploration project in the Kurdistan Region of Iraq (KRI)

Equipped with 31,000 nodes, the system will enable DMT to deploy and retrieve large volumes of nodes quickly, with minimal personnel, reduced health and safety risk, and less environmental footprint. It will enable the acquisition of detailed, high-resolution subsurface data in complex and challenging terrain. The seismic data gathered will be instrumental in reducing geological uncertainty, improving reservoir characterisation, and enhancing well placement strategies, ultimately supporting more informed and cost-efficient exploration and decisions in KRI’s evolving energy landscape.

“We’re excited to see our technology supporting another ambitious and strategically important exploration campaign in the Middle East,” said Mehdi Tascher, sales director at STRYDE.

“Achieving the resolution required for accurate subsurface imaging and confident exploration decisions relies on data density captured through nodes deployed in a dense receiver grid. Enabling this level of unrivalled seismic detail for DMT is exactly why STRYDE was created.”

“STRYDE’s system is a critical enabler for delivering the data density our client needs from this challenging area,” said Thorsten Mueller, Manager of DMT’s branch office in KRI.

“The small, lightweight nature of the nodes will allow us to efficiently deploy a high number of receivers in remote and difficult-to-access locations. Coupled with the STRYDE’s high-capacity node harvesting and data handling system, this means we can operate with greater agility, lower logistics overhead, and acquire the high-quality seismic data needed for our customer.”

Since entering the market in 2020, STRYDE has delivered more than one million land seismic nodes. This reflects not only STRYDE’s rapid growth but also a broader industry shift from traditional cabled systems to fully autonomous nodal technology, and from bulky, high-cost nodes to lightweight, affordable solutions that enable high-density seismic acquisition at scale.

The inauguration of the new plant. (Image source: Farabi Petrochemicals)

Petrochemicals

Farabi Petrochemicals Company has inaugurated its fourth integrated Linear Alkyl Benzene (LAB) plant in Saudi Arabia

The US$950mn state-of-the-art facility, located in Yanbu Industrial City, adds 120,000 metric tons per year of LAB capacity. Built adjacent to Aramco’s refineries, the plant leverages locally produced kerosene and benzene feedstocks, ensuring world-class integration, efficiency, and sustainability performance.

The new plant underlines Farabi’s commitment to Saudi Arabia’s Vision 2030 objectives of downstream diversification, localisation and GDP growth.

The company also signed a new Memorandum of Understanding (MoU) with Unilever to expand their 20-year strategic partnership. Unilever is the world’s largest buyer of LAB, a key ingredient in household and industrial cleaning products.

The expanded agreement aligns Farabi’s capacity growth with Unilever’s constantly growing global demand in home care products, supporting innovation and sustainable growth. Both companies expressed confidence that this deepened collaboration will generate long-term value and advance their shared sustainability goals.

Eng. Mohammed Al Wadaey, CEO of Farabi Petrochemicals Group, said, “Farabi Petrochemicals is proud to be the world’s largest producer of LAB and NP which is the result of consistent growth, product diversification, advanced industrial infrastructure and dedication of our talented employees. We actively support Vision 2030 driving economic diversification, creating job opportunities, contributing to Saudi Arabia’s position as a global industrial hub, while maintaining a positive impact in the environment.”

The report includes real-world case studies from the region.

Technology

A new CDE report, produced in association with Oil Review Middle East, highlights the benefits of soil washing technology for the remediation of hydrocarbon-contaminated land

Hydrocarbon-contaminated land poses a significant threat to ecosystems, economic development and human health. The Middle East region is one of the most affected, given the predominance of the oil and gas industry and contamination from legacy conflicts.

The new report, titled 'Restoring oil-contaminated land through washing technology' discusses the scale and impact of the problem and how advanced soil washing technology not only effectively restores contaminated land with relatively low carbon footprint and operating costs, but turns it into re-usable materials, converting waste into a valuable resource.

The Middle East therefore presents a significant opportunity for this technology, given governments and industries are increasingly prioritising sustainable construction, land remediation and circular economy practices.

The report includes real-world case studies from the region. In Kuwait, two CDE soil washing plants have to date processed more than eight million tonnes of oil-contaminated land, producing re-usable sand and aggregates with less than 1% residual contamination. While in Saudi Arabia a CDE plant converts oil-impacted waste into reusable materials, aligning with Vision 2030 circular economy objectives and sustainable construction initiatives.

Download the report, 'Restoring oil-contaminated land through washing technology'

The webinar will transform confined space inspections. (Image source: Flyability)

Webinar

Despite advances in digital technology, many oil and gas sites across the Middle East still rely on manual entry for tank and vessel inspections, resulting in days of downtime, high scaffolding costs and risk to human life

What if you could change all that with drone technology?

Inspections drones such as the Elios 3 are revolutionising the world of confined space inspections, improving safety, reducing downtime and enhancing operational efficiency.

Join us for an exclusive live webinar hosted by Flyability in association with Oil Review Middle East on ‘Transforming oil and gas operations with the Elios 3 drone’ on Tuesday 2 September at 2pm GST. Industrial experts will explain how drones such as the Elios 3 are transforming confined space inspections, and how you can integrate this technology into your operations seamlessly.

Key highlights:

Drone integration: learn how to safety and effectively implement drones in confined space
Safety and training: understand essential safety protocols and training strategies for your team
ROI: discover how to measure and achieve a strong return on investment with drone technology
Real world use cases: hear from the engineers using drone tech in the field on the impact Elios 3 is having on in oil and gas inspections.

Speakers and host:

Fabio Fata – senior sales manager, Flyability (moderator)
Eralp Koltuk – inspection lead engineer, Tüpraş
Danijel Jovanovic – director of operations, ZainTECH

Take your operations to the next level! Don’t miss out on gaining valuable insights into how drones can make inspections safer, faster and smarter .

From making inspections in hazardous confined spaces much safer to streamlining the whole process and providing valuable real-time data, you will get to see exactly how the Elios 3 is changing the game.

Register for the free webinar here.

Methane emissions reporting is improving, but more action is needed to reduce emissions. (Image source: Adobe Stock)

Energy Transition

Government and industry responses to UN Environment Programme (UNEP) satellite methane alerts rose from 1% to 12% cent in the past year, and oil and gas methane emissions reporting has improved, but action needs to accelerate to achieve the Global Methane Pledge goal of curbing methane emissions 30% by 2030, according to a new UNEP report

Atmospheric methane continues to be the second biggest driver of climate change after carbon dioxide, responsible for about one-third of the planet’s warming, and real-world data is a critical tool to track and reduce methane emissions.

The fifth edition of the UN Environment Programme’s (UNEP) International Methane Emissions Observatory (IMEO) publication, An Eye on Methane: From measurement to momentum, finds that member oil and gas companies of IMEO’s Oil and Gas Methane Partnership 2.0 (OGMP 2.0) are set to track one-third of emissions from global production using real-world measurements. The OGMP 2.0 is the world’s global standard for methane emissions measurement and mitigation in the oil and gas sector. Over the past five years, OGMP 2.0 membership has more than doubled to 153 companies in the countries, covering 42% of global oil and gas production.

One-third of global oil and gas production reports, or will soon report, emissions at OGMP 2.0’s Gold Standard – meaning emissions are tracked with real-world measurements. This positions a large amount of the global industry to effectively measure – and thus mitigate – emissions. One of the companies achieving 'Gold Standard reporting' in 2024 for having effectively achieved the highest levels of data quality is Eni. OGMP 2.0’s 2025 report recognized Eni for its continued progress, including identifying and quantifying emissions across non-operated assets, as well as training and technical assistance on the LDAR (Leak Detection and Repair) approach to fugitive emissions. LDAR training sessions were organised with the support of UNEP and delivered to National Oil Company (NOC) personnel.

The report highlights that while government and company responses to alerts from IMEO’s Methane Alert and Response System (MARS) have grown tenfold over the previous year, nearly 90% remain unanswered, necessitating an increase in response rates. Through MARS, UNEP has sent over 3,500 alerts about major emissions events across 33 countries. These alerts are based on satellite monitoring and artificial intelligence-supported analysis. IMEO has documented 25 cases of mitigation action in ten countries since MARS was launched in 2022, including across six new countries during the past year.

“Reducing methane emissions can quickly bend the curve on global warming, buying more time for long-term decarbonisation efforts, so it is encouraging that data-driven tools are helping the oil and gas industry to report on their emissions and set ambitious mitigation targets,” said Inger Andersen, executive director of UNEP. “But to keep the Paris Agreement targets within reach, the important progress on reporting must translate into cuts to emissions. Every company should join the Oil and Gas Methane Partnership 2.0, and both governments and operators must respond to satellite alerts – then they must act to reduce emissions.”