In 2014, Saudi Arabia discovered eight new oil and gas fields in the east of the country, state-owned company Saudi Aramco has announced
Exploration & Production
Qatar Petroleum invites bid for its biggest oil and gas field
Qatar Petroleum (QP) has invited international oil companies to compete for operating and developing Al-Shaheen oilfield from mid-2017, in a blow to the current operator of more than two decades Maersk Oil
Mazarine Energy hits oil onshore Tunisia
Mazarine Energy has announced the discovery of net oil-bearing reservoir onshore Zaafrane Permit in central Tunisia
Asian company acquires five per cent stake in Abu Dhabi oilfields
Japan’s Inpex Corporation has acquired a five per cent stake in developing onshore oilfields in Abu Dhabi, operated by Abu Dhabi Company for Onshore Oil Operations (ADCO)
ADNOC to invest US$25bn to increase offshore oil production
Abu Dhabi National Oil Company (ADNOC) plans to invest around US$25bn over the next five years in a bid to boost oil production from offshore fields