- DOHA, QATAR - Minister of State and Chairman of Qatar Free Zones Authority (QFZ) Dr. Ahmad bin Mohammed Al Sayed revealed that QFZ has attracted nearly 500 companies spanning diverse sectors with estimated investments at about US$1.3 billion (QR5 billion). The QFZ Chairman held a meeting with a delegation from...
Dragon Oil starts oil production
The Al Wasl field is its first oil discovery in Egypt.UAE opens field hospital in Chad to help Sudanese refugees
ABU DHABI, UAE - UAE Ambassador to the Republic of Chad Rashid Saeed Al Shamsi on Sunday opened a field hospital in Amdjarass city. The UAE built the hospital in Chad to support Sudanese refugees. The initiative is the result of joint cooperation between three humanitarian entities in the UAE...Kuwait calls for border talks with Iran over gas field
KUWAIT CITY, KUWAIT - Kuwait reinvited Iran on Monday to talks on their sea borders after Tehran said it was ready to start drilling in a disputed gas field in the resource-rich Gulf. Kuwait insisted it held "exclusive rights" to the maritime field along with Saudi Arabia, after the neighboring countries...UAE climate change ministry launches roadmap to plant 100m mangroves by 2030
ABU DHABI, UAE - UAE Ministry of Climate Change and Environment (MOCCAE) launched the roadmap for the National Carbon Sequestration Project, which aims to plant 100 million mangroves in the country by 2030. This is as part of its efforts to implement the UAE's strategic initiative to achieve Net...Saudi Arabia and Kuwait to jointly develop Al-Durra gas field
Riyadh, Saudi Arabia—Saudi Arabia has signed a memorandum of understanding (MoU) with Kuwait on Sunday to develop Al-Durra gas field shared between the two countries. President and CEO of Saudi Arabian Oil Company Eng. Ali Bin Saleh Al Ajmi signed the MoU for the Saudi side, while CEO Kuwait Gulf...TotalEnergies, ENI sign deal on Israel-Lebanon gas field
It comes after Lebanon and Israel said in October that they had struck an "historic" deal to resolve a maritime border dispute involving offshore gas fields after years of US-mediated talks.Lebanon approves sea border deal with Israel: President Michel Aoun
It comes after Israeli Prime Minister Yair Lapid on Wednesday said the agreement would make conflict with Lebanon's Iran-backed militant group Hezbollah less likely. The agreement between the countries that have remained technically at war since Israel's creation in 1948 was earlier applauded by world leaders, including US President Joe...Israel preparing to connect to gas field disputed by Lebanon
Israeli energy ministry's announcement comes less than 10 days after Energean announced it was "on track to deliver (the) first gas from the Karish development project within weeks." Israel says the Karish field is located entirely within its exclusive economic zone, but Lebanon insists that part of the field falls...ADNOC announces $548m contract for Lower Zakum field
Abu Dhabi National Oil Company (ADNOC) Monday announced the award of a US$548 million (AED2.01 billion) contract to build a new main gas line at its Lower Zakum field offshore of Abu Dhabi.American envoy hopeful on Lebanon-Israel maritime border talks
"I remain optimistic that we can make continuous progress as we have over the last several weeks and I look forward to coming back to the region and being able to make the final arrangements," said Amos Hochstein after meeting Lebanon's top leaders.Tension spikes between Lebanon and Israel over gas field
Hundreds of people and several lawmakers protested Saturday in southern Lebanon against Israel moving a gas production vessel into an offshore field partly claimed by Beirut. Lebanon's powerful Iran-backed Hezbollah group this week warned Energean against proceeding with its activities.Libya’s National Oil Corporation announces closure of Al-Fil oil field
Libya's National Oil Corporation announced Sunday the closure of production at a major oil field in the country's south, declaring a "force majeure". "On Saturday... the Al-Fil field was subjected to arbitrary closure attempts, due to the entry of a group of individuals and the prevention of the field's workers...KSA and Kuwait call on Iran to hold talks on divided gas field
Saudi Arabia and Kuwait have appealed to Iran to hold negotiations on demarcating the eastern boundary of the submerged Dorra natural gas field. Saudi Arabia and Kuwait affirmed their right to exploit the natural resources in the gas field.















