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1. UK to seek clarity on Iraq oil budget cuts

   The UK Government’s Department for International Trade (DIT) is planning to contact Iraq’s Ministry of Oil and Basrah Oil Company…
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   2 Apr
2. Hail and Ghasha commercial bid date extended

   Abu Dhabi National Oil Company (Adnoc) has extended to 22 April the commercial bid submission date for the four main…
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   1 Apr
3. Iraq asks foreign oil firms to cut budgets

   Iraq’s state-run Basrah Oil Company (BOC) has asked four international oil companies to cut budgets by 30% and postpone payments…
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   1 Apr
4. Iraq declares Covid-19 a force majeure for all contracts

   Projects worth $291bn are likely to be affected by the government declaration. The Iraqi government has declared that the ongoing…
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   1 Apr
5. Adnoc seeks cost savings amid low oil prices

   The Covid-19 pandemic has impacted the commercial interests of energy producers such as Abu Dhabi National Oil Company (Adnoc). The…
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   26 Mar
6. Sinopec wins Duqm Refinery heavy lifting contract

   China’s Sinopec Heavy Lifting & Transportation Company (SLT) has been subcontracted to work on the first phase of the Duqm…
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   26 Mar
7. Libya oil facility project contracts have bid deadlines in April

   Contractors are preparing to bid on five separate oil facility project contracts in Libya, which are all being tendered by…
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   20 Mar
8. Egypt reduces energy prices for industrial users during Covid-19

   Egypt is reducing energy prices for industrial users as part of measures to soften the economic impact of the coronavirus…
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   20 Mar
9. Libya tenders oil facility project contracts

   Contractors are preparing to bid on five separate oil project contracts in Libya, which are all being tendered by the…
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   13 Mar
10. Companies to bid for Kuwait divided zone contract

    Contractors are preparing to bid for a five-year contract with state-owned Kuwait Gulf Oil Company (KGOC). KGOC is a subsidiary…
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    28 Feb