UAE’s Abu Dhabi National Oil Company (ADNOC) has signed a 40-year deal with South Korea’s GS Energy for selling a three per cent stake in an onshore oil concession to develop its biggest oilfields
Exploration & Production
Eight new oil and gas fields discovered in Saudi Arabia last year
In 2014, Saudi Arabia discovered eight new oil and gas fields in the east of the country, state-owned company Saudi Aramco has announced
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)