Saudi Arabia
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The UAE will prioritize national interests and production flexibility, setting up implications for OPEC’s market power, oil, prices, and global supply dynamics.
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Hydraulic fracturing holds great potential in the region, but there are several key questions worth asking as efforts move forward.
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Missile attacks damage LNG trains and GTL assets, with QatarEnergy warning repairs could take years.
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Drone strikes, refinery shutdowns, tanker disruptions, and halted LNG production have heightened concerns about broader supply risks.
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The Middle East’s largest unconventional gas development officially begins production as Saudi Aramco targets 6 million BOE/D of gas and liquids capacity by 2030.
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While physical damage to energy infrastructure has so far been limited, analysts caution that a prolonged conflict could drive prices higher even as OPEC+ proceeds with planned incremental supply increases.
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The integrated field management services contract signals an evolution of KBR’s role at Majnoon from one of stabilizing production to a more complex and sophisticated role that takes responsibility for integrating full upstream operations.
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The award comes as a contract release purchase order under a long-term agreement that simplifies ongoing efforts to maintain mature field production in Saudi Arabia.
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The $100-billion project is widely considered the largest unconventional development outside of the US and is noted by Aramco as the largest nonassociated gas development in the kingdom.
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Operators from across the region met in Muscat to share how lessons from pilot programs are shaping cost, scale, and technology priorities across the region.
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