Tag: GAS

Energy, Oil & Gas

Intech lands I-field O&M deal for over 1,000 wells in Mideast

Intech, an industrial automation and digitalization technology company, has secured an intelligent field operations and maintenance (I-field O&M) contract covering more than 1,000 oil and water wells at an oil and gas production facility in the Middle East....

Energy, Oil & Gas

Libya attracts $20bn in investment, boosts 0&G output

Libya’s energy sector is rebounding, drawing global investment and focusing on production growth, gas monetisation, and partnerships. Oil output averaged 1.375 million bpd in 2025, with the government targeting 2 million bpd by 2030, supported by a $20 billion investment programme....

Energy, Oil & Gas

Dana Gas, Crescent Petroleum secure Chemchemal gas sales deal

Dana Gas and Crescent Petroleum, with Pearl Petroleum partners, signed long-term gas sales agreements to supply clean natural gas from the Chemchemal field to industrial users in Iraq’s Kurdistan Region. Cement and steel customers will buy up to 142 MMscf/d for 10 years starting 2027....

Energy, Oil & Gas

Global gas demand to accelerate from 2026 as LNG expands: IEA

The International Energy Agency (IEA) says rising LNG supply will help rebalance global gas markets in 2026, boosting demand growth after a 2025 slowdown. Tight supplies and high prices curbed consumption earlier, especially in Asia, before easing as LNG production rose nearly 7 per cent....

Energy, Oil & Gas

Qatar says watered-down EU rules open door to more gas deals

Qatar said the European Union’s (EU) push to ease some regulatory burdens is opening the door to further gas deals with companies in the region. Qatar plans to expand export capacity to 142 million tonnes per year by 2030 and has signed deals with Germany and France as Europeans seek to diversify their LNG sources....

Energy, Oil & Gas

Adnoc Gas seals $3bn LNG deal with Hindustan Petroleum

Adnoc Gas, a major unit of Abu National Oil Company (Adnoc) and its subsidiaries announced the signing of a sales and purchase agreement valued at between $2.5 billion - $3 billion for a period of 10 years with Hindustan Petroleum Corporation Limited (HPCL)....

Energy, Oil & Gas

SOCAR begins supplying Azerbaijani gas to Austria, Germany

Azerbaijan’s state energy company SOCAR has reached a new milestone in gas exports by selling significant volumes of gas to Southern and Central Europe via the Trans Adriatic Pipeline (TAP), part of the Southern Gas Corridor. From January 2026, Azerbaijani gas will be supplied to buyers in Austria and Germany through Italy....

Energy, Oil & Gas

Egypt announces new O&G discoveries

Egypt’s Ministry of Petroleum said oil and gas companies drilled multiple wells across the Western and Eastern Deserts and the Nile Delta, including five exploratory wells, expected to add about 47 million cubic feet of gas and 4,300 barrels per day to daily output....

Energy, Oil & Gas

Adnoc finalises strategic investment plan for SARB Deep Gas project

Abu Dhabi National Oil Company (Adnoc) has announced the Final Investment Decision (FID) for the SARB Deep Gas Development, a strategic project located offshore of UAE capital. The development will deliver 200 million standard cubic feet per day (scfd) of gas before the end of the decade. ...

Energy, Oil & Gas

Africa’s gas demand rises 60pc by 2050, FLNG offers solution

Floating liquefied natural gas (FLNG) is rapidly emerging as a cornerstone of Africa’s gas development strategy, as the continent prepares for a sharp rise in demand and seeks faster, more resilient pathways to market. According to the African Energy Chamber’s (AEC) State of African Energy 2026 Outlook, Africa’s natural gas demand is projected to increase by 60 per cent by 2050, underscoring the urgency of bringing new supply online efficiently and at scale....

Energy, Oil & Gas

Egypt to export gas, petroleum products to Syria

Egypt will export natural gas and petroleum products to Syria under two memoranda of understanding (MoU) signed by the countries’ petroleum ministries, the Ministry of Petroleum and Mineral Resources said....

Energy, Oil & Gas

Egypt's two new oil wells show promising production results

Egypt’s Ministry of Petroleum and Mineral Resources announced promising production results following the completion of drilling two new wells in the Western Desert, with initial tests showing a combined natural flow of about 1,650 barrels of crude oil and 19 million cubic feet of gas per day....

Energy, Oil & Gas

SLB wins 5-year Aramco gas field contract

SLB has secured a five-year Aramco contract to provide stimulation, well intervention, frac automation, and digital services for Saudi Arabia’s unconventional gas fields. As part of a multi-billion-dollar programme, it supports Saudi Arabia's energy diversification and global energy transition goals....

Energy, Oil & Gas

Dana Gas announces new onshore discovery in Egypt’s Nile Delta

Dana Gas announced a major gas discovery at the North El-Basant 1 well in Egypt’s onshore Nile Delta. Initial results estimate 15–25 bcf of reserves, with production expected to surpass 8 mmscfd once the well is linked to the national gas network....

Energy, Oil & Gas

BP, Woodside, Chevron are big winners at Gulf of Mexico O&G auction

BP, Woodside Energy and Chevron led the first US Gulf of Mexico oil and gas lease sale since 2023, securing top bids in an auction raising $279.4 million—about $100 million less than 2023—yet achieving the highest per-acre bids since 2017, according to Reuters analysis findings....

Energy, Oil & Gas

Nigerian firms lead responsible gas commercialisation at OML 17

The NNPC/Heirs Energies OML 17 Joint Venture advanced Nigeria’s gas commercialisation and environmental goals with the signing of Gas Flare Commercialisation Agreements under the Nigerian Gas Flare Commercialisation Programme (NGFCP) and approved Non-NGFCP frameworks....

Energy, Oil & Gas

Oman's IGC approves transfer of Ghazeer pipeline to OQ Gas Networks

The Integrated Gas Company (IGC), the national gas aggregator of Oman, has approved the transfer of the BP Block 61 Ghazeer Gas Export Pipeline (Phase 2) to OQ Gas Networks, following a comprehensive technical and commercial review of its proposal. ...

Energy, Oil & Gas

Equinor signs a 10-year gas supply deal for Czech Republic

Equinor and the Capital City of Prague’s gas and electricity company Pražská plynárenská have signed a long-term agreement for 10 years of gas supplies into the Czech Republic. Deliveries have started and will last until 2035....

Energy, Oil & Gas

Egypt announces new gas discovery in Western Desert

The Egyptian Ministry of Petroleum announced a new natural gas discovery in the Badr-15 area, yielding 16 million cubic feet per day. This find is expected to add approximately 15 billion cubic feet to reserves from the Lower Bahariya reservoir. ...