International

Kuwait has 9th largest oil reserves

These reserves amount to 53bln barrels

Sonatrach mulls new formulas to raise gas prices for European buyers - sources

Sonatrach is considering several options, including a partial link to spot price gas prices in contracts that have historically been linked to the price of Brent crude, the sources said

Mubadala Petroleum celebrates decade of growth

The company has continued to grow and now spans eleven markets and is making a significant contribution to energy transition

Shell completes sale of terminal in JAFZA to Tristar

The full ownership transfer of the terminal to Tristar Group will be effective from July 1, 2022

Saudi Steel Pipe signs $15.46mln supply contract with Aramco

Under the 12-month agreement, Saudi Steel Pipe will provide Aramco with oil and gas steel pipes

ExxonMobil Sells Interests in Montney and Duvernay Assets in Canada

XTO Energy Canada, which is jointly owned by Imperial and ExxonMobil Canada, is being sold by ExxonMobil Canadian affiliates, Imperial and ExxonMobil Canada, to Whitecap Resources Inc.

Schlumberger will not apply for Iraqi Kurdistan oil tenders

U.S. energy company Schlumberger has said it will not apply without Baghdad consent for any tenders in the oil and gas sector of Iraq Kurdistan region, according to a letter sent to the Iraqi oil minister and seen by Reuters.

US firm wins $30mln Kuwait oil consultancy deal

The US PetroTel Company has won an oil consultancy contract in Kuwait with a value of around 8.99 million dinars ($30million), a newspaper said on Monday.