BP operates in Kuwait through an enhanced technical services agreement (ETSA) to help the Kuwait Oil Company (KOC) manage development of the giant 1.5mn b/d Burgan oil field. The British major was awarded a ten-year ETSA...

Iraq’s cabinet has endorsed the takeover of petroleum operations at the West Qurna 2 oilfield, one of the largest globally, following terms set out in the service contract with Russia’s Lukoil, as reported by Reuters...

US oil major Chevron is in discussions with the Trump administration to broaden a key authorization that would allow the company to increase crude oil exports from Venezuela, including shipments to its own refineries and...

Libya’s NOC says output of crude and condensate averaged 1.374mn b/d for 2025, celebrating a rebound after a turbulent decade and a half for the country’s lifeline oil and gas sector (MEES, 20 December 2024). While M...

Despite discovering gas fourteen years ago Cyprus has yet to produce a single molecule, and plans to gasify the island through the import of LNG could yet be binned. New Energy Minister Michael Damianos finds an in-tray ...

Egypt plans to drill 101 exploration wells this year though, as is usually the case with Cairo’s grandiose announcements, details and context are thin. This is broadly in line with 2025, when around 100 wells were dril...

Dana Gas, the Middle East’s largest private sector natural gas company, has received a $50 million payment from the Egyptian government, reducing overdue receivables, according to a press release issued by the company ...