TAQA, Saudi Arabia’s industrialisation and energy services company, has announced that it will acquire Texas-based Schlumberger’s Middle East onshore drilling rigs business

Wood Mackenzie has stated that the LNG boom is back – predicting that capital spending on both the LNG plant and upstream infrastructure will total more than US$200bn in 2019-2025

Petrofac has won training solutions contracts with a combined value of more than US$30mn in Oman, the UAE and Iraq

The Trump administration on 22 April announced that it will not extend sanctions waivers it had granted to certain buyers of Iranian oil beyond 2 May as the USA aims to completely halt Iran’s oil exports

Planned and committed energy investments will amount to US$1 trillion in the MENA region over the next five years, according to the Arab Petroleum Investments Corporation (APICORP), a multilateral development bank