Oil and Gas

Oil prices drop to pre-conflict levels as Strait of Hormuz opens up

Brent crude dropped to $72.40 a barrel on 25 June, which was lower than its price on the day before the US-Iran conflict began, with the global benchmark paring losses on 26 June and trading around $73 a barrel
26 June 2026
OQ seeks revised commercial bids for Oman NGL project

OQ Group is overseeing a feed-to-EPC competition for the project, which involves building an NGL facility that will extract condensates in Saih Nihayda in central Oman and transport those volumes to Duqm for fractionation and export
26 June 2026
Seven bidders selected to participate in Algerian gas project tender

The project will develop four gas transmission network monitoring centres
26 June 2026

CGC submits lowest bid for Kuwait oil pipeline project

26 June 2026

Kuwait prepares to retender fuel depot project

26 June 2026

Tunisia tenders project to develop gas pipelines

26 June 2026

Luberef signs base oil supply deal with Indian company

26 June 2026

Aramco signs licensing agreements with local and US firms

26 June 2026

Saipem sells Saudi jack-up drilling business to ADES for $285m

26 June 2026

The price of permanent risk

Edmund O'Sullivan

25 June 2026

Oman awards concession agreement for offshore block

25 June 2026

Abu Dhabi awards Bab Gas Cap concession agreements

25 June 2026

Algeria tenders upstream oil project contract

25 June 2026

Algeria tenders contract for gas booster units

25 June 2026

Libya tenders gas treatment plant project

25 June 2026

MECC submits lowest bid on three Kuwaiti oil and gas contracts

25 June 2026

OQEP signs agreement with Indonesian state energy firm

24 June 2026

Contractors submit prices for Qatar offshore oil field expansion

24 June 2026

Gulf index extends growth streak into 15th month

24 June 2026

Libyan company given contract to finish Petrofac oil project

24 June 2026

Kuwait tenders oil manifold project

24 June 2026

Contractors concerned by Libyan budget delays

23 June 2026

Libya plans to distribute oil budget in July

23 June 2026

Contractors prepare bids for Jafurah fifth expansion phase

23 June 2026

Accident at QatarEnergy gas plant in Ras Laffan injures dozens

22 June 2026

Egypt signs gas deal with Harbour Energy

22 June 2026

Iran invites companies to register for Kharg Oil Terminal development

22 June 2026

The resurgence of the UAE’s east

22 June 2026

Kuwait tenders downstream maintenance contract

19 June 2026

ConocoPhillips signs Syria gas deal

19 June 2026

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