Africa’s drive to expand refining capacity is creating new investment opportunities for Gulf companies as governments seek to strengthen fuel security, support industrial growth and reduce dependence on imported petroleum products. Africa’s refining sector is entering a new phase as countries across the continent accelerate efforts to increase domestic processingContinue Reading
Tunisia-Libya Joint Oil has reopened an offshore bid round covering the Zarat development and a large exploration area in the Gabes-Tripoli Basin, creating new opportunities for international oil and gas companies to participate in North African upstream development. The Tunisia-Libya Joint Oil Exploration, Exploitation and Petroleum Services Company has launchedContinue Reading
Halliburton has secured an integrated services contract from bp for the first appraisal drilling campaign at the deepwater Bumerangue field offshore Brazil, combining drilling, evaluation, automation and digital technologies to support reservoir assessment and operational efficiency. The financial value of the contract was not disclosed. The agreement covers a rangeContinue Reading
Chevron has signed a production-sharing agreement with Libya’s National Oil Corporation (NOC) covering onshore Contract Area 106 in the Sirte Basin, formally advancing the US energy company’s return to Libya’s upstream oil sector. The agreement follows Chevron’s selection as the winning bidder for Contract Area 106 during Libya’s 2025 licensingContinue Reading
Kuwait Oil Company has given a key approval for a $381 million upstream oil project at the Al-Rawdatain field, advancing a development focused on water separation and associated production infrastructure. The project, valued at approximately KD117 million ($381 million), was previously tendered by Kuwait Oil Company (KOC), with India-based MeghaContinue Reading
KUWAIT CITY, August 25, 2026 — Kuwait has issued a tender for a cybersecurity contract covering its oil sector, highlighting the growing importance of protecting critical energy infrastructure as oil and gas operations become increasingly connected and dependent on digital systems. The tender is expected to support efforts to strengthenContinue Reading
Woodside Energy has abandoned its plans to spend $5 billion on clean energy projects by 2030, while also dropping its Scope 3 emissions target, as the Australian energy company refocuses its investment strategy on its core oil and gas operations. The decision was announced alongside a 7% increase in first-halfContinue Reading
AMETEK has launched its Grabner Vision Pro Series, a new analytical instrumentation platform designed to improve fuel and petrochemical testing through enhanced software, diagnostics and system architecture. The new series builds on more than 35 years of analytical technology development and is designed to support laboratories handling demanding fuel, petrochemicalContinue Reading
Emerson is showcasing a range of process control, subsea measurement and digital technologies designed to support more autonomous and data-driven operations across the upstream and midstream oil and gas sectors. The technologies are being demonstrated at ONS 2026 in Stavanger, Norway, with a focus on integrating industrial hardware, analytical softwareContinue Reading
Enemac has introduced a range of corrosion-resistant stainless steel shaft and safety couplings designed to support reliable power transmission and drivetrain protection in demanding offshore and marine environments. The coupling technologies are aimed at applications across offshore technology, marine research and the oil and gas industry, where equipment must operateContinue Reading
