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ASRY receives the Ambassador of the United States

The Chairman of the Arab Shipbuilding and Repair Yard Company (ASRY), His Excellency Mr. Aymen bin Tawfeeq Almoayed, has recently received the U.S. Ambassador to the Kingdom of Bahrain, His...

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Libya resumes production at the Sharara field after ending a sit-in that began on January 3, 2024

The National Oil Corporation stated that the Sharara oil field has resumed production after protesters ended a sit-in that halted production since early this month, January 2024.   With its...

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The Kuwait Oil Tanker Company temporarily stops the passage of its ships in the Red Sea

The Kuwait Oil Tanker Company decided to temporarily stop the passage of its tankers in the Red Sea due to the development of events in the Red Sea and Gulf of Aden region. The temporary suspension...

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Iraq: The Ministry of Oil expects the gas platform to be ready for operation within the next two years

The Iraqi Ministry of Oil announced the imminent launch of the liquefied gas import platform, which will begin operating within two years. The platform will provide great flexibility in negotiating...

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Qatar to supply Bangladesh with liquefied natural gas on a long-term contract

QatarEnergy and Excelerate Energy (Excelerate) signed a long-term LNG sale and purchase agreement (SPA) for the supply of LNG from Qatar to Bangladesh. Pursuant to the agreement, Excelerate will...

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Qatar Energy is committed to LNG supplies despite the turmoil in the Red Sea

QatarEnergy confirms that Qatar’s LNG production continues uninterrupted, and its commitment to ensuring the reliable supply of LNG to its customers remains unwavering. While the ongoing...

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Kuwait intends to increase its oil production to 3 million B/D in 2025

The CEO of Kuwait Oil Company, Ahmed Jaber Al-Eidan, stated that Kuwait currently has oil production capacities exceeding 2.8 million barrels per day, and it is targeted to increase this to reach...

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Iraq is drilling new oil wells to expand crude oil production capabilities

Iraq is proceeding with ambitious plans to drill many new oil wells with the aim of increasing crude oil production capacities and securing Iraq’s position in the global oil market. Iraq is...

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Bahrain to build a huge solar energy project with a capacity of 72 megawatts

The Kingdom of Bahrain announced the signing of agreements for a new solar energy project aiming to generate 72 megawatts.   The project will contribute 28% of the total renewable energy that...

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UAE is intensifying efforts to organize the global environmental conference COP28 (November 30 - December 12, 2023)

The world is awaiting the Conference of the Parties to the United Nations Framework Convention on Climate Change (COP28), which will be held from November 30 to December 12 of this year in Expo City...

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