Middle East: Saudis lead the charge
The kingdom should emerge as the region's first major shale gas producer. But not quickly
Saudi Arabia is seeking to tap a significant unconventional gas potential, estimated by US oilfield services firm Baker Hughes at 645 trillion cubic feet (cf), or more than double its conventional reserves of 284.8 trillion cf. But the kingdom's energy strategists are making slow progress in realising this potential. The big service players have all made a beeline for the kingdom. In 2010, Schlumberger, Halliburton and Baker Hughes were invited by the Saudis to share their shale gas expertise and all three have subsequently established research centres in the kingdom, attempting to match their technology to the specifics of Saudi geology. State oil company Saudi Aramco worked with Hallib
Also in this section
1 April 2026
Golden Pass’s startup offers QatarEnergy a timely boost but may also force a difficult choice between honouring disrupted contracts and capitalising on soaring spot LNG prices
1 April 2026
It is not a case of if or when, but the length and magnitude of economic damage from elevated oil prices
1 April 2026
The US-Iran conflict demonstrates the need for diversification in several senses of the word. It also exposes the limits of Washington applying pressure on major oil and gas producers it considers geopolitical adversaries
31 March 2026
Disappointing results in its bidding round are a reality check for Libya, and global exploration generally






