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Middle East


Sarens Transports and Installs Major Oil Rig in Iraq
Iraq >> 6/22/2017 - Maneuvering through narrow streets in the stifling heat, 24 Sarens employees and 5 police officers successfully delivered an oil rig to the North Rumaila Oil Field in southern Iraq. This super-giant o...
Iraq Oil Demand - June 2017
Iraq Oil Demand - June 2017 Iraq >> 6/21/2017 - Strong oil demand in the first four months of 2017 has been observed in Iraq; all main petroleum product categories registered double-digit percentage y-o-y growth, which was notably solid in crude di...
Abu Dhabi Fund Takes 5 percent Stake in Dana Gas
United Arab Emirates >> 6/19/2017 - Goldilocks Investment Co, an open-ended equity fund which is part of Abu Dhabi Financial Group, said it had bought 5 percent of Abu Dhabi-listed gas producer Dana Gas. ...
Qatargas and Shell Sign New LNG Agreement
Qatar >> 6/18/2017 - Qatargas, the World's Premier Liquefied Natural Gas Company, announced the signing of a new Sale and Purchase Agreement (SPA) with Shell. Under the terms of the agreement, Qatargas will deliver up to ...
Gulf Energy Maritime Signs US$75M Deal with Dubai Islamic Bank
United Arab Emirates >> 6/15/2017 - Gulf Energy Maritime (GEM), has signed an AED275 million ($75 million) with Dubai Islamic Bank (DIB). The agreement marks the first time GEM has raised funding of this kind through Islamic finance.
Asian Product Market - June 2017
Asian Product Market - June 2017 Oman >> 6/14/2017 - The Asian market weakened in May, pressured by the supply side amid expectations of increasing refinery runs following the end of peak maintenance season. A lack of export opportunities also weighed ...
Saudi Arabia, Bahrain, UAE and Egypt Cut Diplomatic Ties with Qatar
Qatar >> 6/14/2017 - Since Saudi Arabia, the United Arab Emirates, Bahrain and Egypt cut diplomatic ties with Qatar on Monday 5 June 2017, and moved to close off access to the Gulf country, there have been a few developme...
Petrofac Secures Five-year Training Agreement with Kuwait Oil Company
Kuwait >> 6/13/2017 - Petrofac has agreed a five-year relationship with Kuwait Oil Company (KOC) for the provision of specialist technical training and competency development services. ...
Qatar Petroleum and Shell Sign LNG Bunkering Agreement
Qatar >> 6/13/2017 - Qatar Petroleum’s Wave LNG Solutions and Shell Gas & Power Developments B.V. (Shell) signed a framework agreement to develop liquefied natural gas (LNG) marine fueling – or bunkering – infrastructure ...
McDermott Delivers First Jacket from Dammam Yard
Saudi Arabia >> 6/13/2017 - McDermott International, Inc. recently celebrated a major milestone with the load-out and installation of the first jacket fully fabricated by the Company at its recently opened Dammam fabrication yar...
Emerson, Saudi Aramco Sign Collaboration Deal on Digitisation
Saudi Arabia >> 6/12/2017 - Emerson signed a Memorandum of Understanding (MoU) with Saudi Aramco during the recently held Saudi-U.S. CEO Forum in Riyadh. The agreement signed by David N. Farr, Emerson’s chairman and chief execut...
Weir Oil & Gas Acquires KOP Surface Products with US$114M
United Arab Emirates >> 6/11/2017 - Weir Oil & Gas has entered into an agreement to acquire KOP Surface Products, a provider of advanced pressure control wellhead technologies, systems and services. KOP has a long history and leading ma...
Abu Dhabi Hosts The Maritime Standard Ship Finance & Trade Conference 2017
United Arab Emirates >> 6/11/2017 - The third annual The Maritime Standard Ship Finance and Trade Conference will take place on November 8th 2017 at the Sheraton Abu Dhabi Hotel and Resort. The event is expected to attract more than 150...
Petrofac Secures Framework Agreement with Petroleum Development Oman
Oman >> 6/8/2017 - Petrofac has secured a long-term Framework Agreement (FA) with Petroleum Development Oman (PDO) for the provision of Engineering, Procurement and Construction Management (EP+Cm) Support Services for m...
SABIC Wins the Best Polymer Producers Award 2017 for Polypropylene
Saudi Arabia >> 6/8/2017 - SABIC has been named a winner of the prestigious Best Polymer Producer Award in the category of Polypropylene at an award ceremony held in conjunction with the European Plastics Converters (EuPC) Annu...
Abu Dhabi Petroleum Port Eases Limits on Oil Tankers to and from Qatar
United Arab Emirates >> 6/7/2017 - Abu Dhabi petroleum port authorities have eased restrictions on oil tankers going to and from Qatar, according to industry sources and shipping circulars seen by Reuters. Abu Dhabi Petroleum Ports Aut...
Qatar has No Plan to Shut Dolphin Gas Pipeline to UAE Despite Rift
Qatar >> 6/6/2017 - Qatar has no plan to shut the Dolphin pipeline that transports natural gas to the United Arab Emirates despite the severing of diplomatic ties between the two Gulf Arab nations, officials in both coun...
Exxon Says Qatar LNG Not Affected by Arab States Tension
Qatar >> 6/6/2017 - Exxon Mobil Corp said that production and exports of liquefied natural gas from Qatar have not been affected by rising diplomatic tensions in the Middle East. Saudi Arabia, the United Arab Emirates, B...
PDO Signs Oman Energy R&D Protocol with Ministry, Research Council
Oman >> 6/5/2017 - The Research Council (TRC), The Ministry of Oil and Gas (MOG) and Petroleum Development Oman Company (PDO) signed the Oman Energy Industry-Academia R&D Protocol on 5 June 2017 in the Ministry of Oil a...
Alizz Islamic, Orpic Sign an Agreement for Petcoke Storage Facility
Oman >> 6/5/2017 - Alizz Islamic Bank signed an agreement with Oman Oil Refineries and Petroleum Industries Company - Orpic to provide Islamic financing facilities for the construction of a Petroleum Coke (petcoke) stor...
India's Petronet: No Impact on Qatar LNG as Saudi, Others Cut Ties
Qatar >> 6/5/2017 - India's Petronet LNG said it did not expect any impact on gas supplies from Qatar after Saudi Arabia, Egypt, the United Arab Emirates and Bahrain severed ties with the Gulf Arab state accusing it of s...
Qatar-UAE Gas Pipeline Operating Normally, No Impact from Political Tensions
Qatar >> 6/5/2017 - A natural gas pipeline from Qatar to the United Arab Emirates and Oman was operating normally despite a Gulf political dispute with Doha, two industry sources said. "The pipeline is still up and runni...
OPEC Member Countries Economy - May 2017
OPEC Member Countries Economy - May 2017 Saudi Arabia >> 6/5/2017 - Inflation in Saudi Arabia posted a negative reading in March, similar to the first two months of the year, as a result of the increasing baseline effect in some public goods and energy prices in 2016....
Dana Gas Appoints Advisers for $700 mln Sukuk Restructuring
United Arab Emirates >> 6/4/2017 - United Arab Emirates energy firm Dana Gas appointed Houlihan Lokey as financial adviser and Squire Patton Boggs as legal adviser for the restructuring of its $700 million sukuk maturing in October, so...
Rosneft and Kurdistan Agree to Expand Strategic Cooperation
Iraq >> 6/2/2017 - Rosneft and the Kurdistan Regional Government, as part of the XXI St. Petersburg International Economic Forum, signed a series of agreements on widening their cooperation in exploration and production...
Sadara Starts Commercial Production at Region's First PMDI Unit
Saudi Arabia >> 6/1/2017 - Sadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, today announced the production of commercial quantities of on-specification liquid Polymeric Methylene Diph...
Amec Foster Wheeler Wins Aramco Oilfield Development Contract
Saudi Arabia >> 6/1/2017 - Amec Foster Wheeler has been awarded a contract by Saudi Aramco, for facilities required as part of the integrated oil and gas expansion of the Marjan offshore and onshore oilfield in the Eastern prov...
Alexey Miller & Iraqi Oil Minister Discuss Badra Project
Iraq >> 5/31/2017 - A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Jabbar al-Luaibi, Minister of Oil of the Republic of Iraq, took place in St. Petersburg today. ...
Aramco Signs JV Deal with Lamprell, Bahri, and Hyundai to Build Shipyard
Aramco Signs JV Deal with Lamprell, Bahri, and Hyundai to Build Shipyard Saudi Arabia >> 5/31/2017 - Saudi Aramco signed a shareholder agreement with Lamprell plc (“Lamprell”), the National Shipping Company of Saudi Arabia (“Bahri”), and Hyundai Heavy Industries Co. Ltd (“HHI”) to enter into a joint ...
Iraq Discuss with Lukoil to Develop the Oil Sector in Iraq
Iraq >> 5/30/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil met with the CEO of Lukoil Russian company Mr. Katy Al-Juboori and his entourage. The two parties discussed during the meeting about developing the...
Putin, Saudi Prince to Meet After Extending Oil-Supply Curb Deal
Saudi Arabia >> 5/30/2017 - Russian President Vladimir Putin is to meet with Saudi Arabia’s Deputy Crown Prince Mohammed bin Salman in Moscow after the world’s biggest oil exporters reached a deal to prolong supply cuts for anot...
Yokogawa Wins Analyzer Package Order for Petrochemical Complex in Oman
Oman >> 5/29/2017 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea, has received an order to supply an analyzer package solution for the Liwa Plastics Industries Complex, which is be...
Marubeni Signs PPA for 1.18GW Sweihan Solar Plant in UAE
United Arab Emirates >> 5/29/2017 - Marubeni Corporation announces that Sweihan PV Power Company, owned by Marubeni (20%), JinkoSolar Holding Co., Ltd (20%) and Abu Dhabi Water and Electricity Authority (60%), signed a limited-recourse ...
Mina Abdullah Refinery under Maintenance
Kuwait >> 5/28/2017 - Mina Abdullah oil refinery is currently under full-scale maintenance due to proceed until June 6, said Mutlaq Rashed Nasser Al-Azmi, the Deputy Chief Executive Officer at the refinery. ...
Qatargas Receives Qatarization Award in the Energy and Industry Sector
Qatargas Receives Qatarization Award in the Energy and Industry Sector Qatar >> 5/28/2017 - Qatargas received the prestigious ‘Qatarization Crystal Award’ in recognition of its efforts in “Support for Training and Development” at the annual award ceremony held on the sidelines of the 17th Qa...
Eni Signs MoU with Oman Oil for Oil and Gas Cooperation
Oman >> 5/25/2017 - Oman Oil Company S.A.O.C. (OOC), the Sultanate’s investment arm in the energy related sectors, and the leading Italian integrated energy company Eni have finalized a Memorandum of Understanding (MoU) ...
GE's Saudi Joint Venture to Start Gas Turbine Production this Year
Saudi Arabia >> 5/25/2017 - General Electric's joint venture to manufacture gas turbines in Saudi Arabia will start production by the end of the year, the chief executive of its state-backed Saudi partner said. GE and Saudi indu...
Bee'ah, Masdar Ink JV Deal for First UAE Waste-to-Energy Plant
United Arab Emirates >> 5/25/2017 - Bee’ah, the country’s leading environmental management company, and Masdar, Abu Dhabi’s renewable energy company, have formally established the joint venture Emirates Waste to Energy Company (EWEC) to...
ADNOC, OMV Sign MoU for Downstream Businesses Opportunities
United Arab Emirates >> 5/25/2017 - His Highness Sheikh Mohammed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Deputy Supreme Commander of the UAE Armed Forces, and the Austrian Federal Chancellor H.E. Christian Kern witnessed toda...
KNPC Plans $1.3 bln Oil Products Storage Plant
Kuwait >> 5/24/2017 - Kuwait National Petroleum Co (KNPC) is considering building a large storage plant for oil products at a cost of 400 million Kuwaiti dinars ($1.32 billion), its chief executive said. ...
Kuwait National Petroleum Signs $6.25 bln Loan for Clean Fuels Project
Kuwait >> 5/24/2017 - Kuwait National Petroleum Co (KNPC) has signed a $6.25 billion loan with international lenders to back its planned Clean Fuels project, the company announced. The financing was backed by seven export ...
PDO Signs $35M Deals with Omani Firms
Oman >> 5/24/2017 - Petroleum Development Oman (PDO) has signed three contracts worth US$35 million with Omani firms for the supply and servicing of compressors. The deals are a further example of the Company’s commitmen...
Kuwait Says Agreement on Oil Output Cuts must Satisfy all Parties
Kuwait >> 5/23/2017 - Oil producers agree they need to do whatever is necessary to restore balance to the crude market but any decision on output cuts must satisfy all parties, Kuwait's oil minister told state news agency ...
CGG Wins Extension until 2021 for Oman Dedicated Center
Oman >> 5/23/2017 - CGG announced the extension, until the end of 2021, of its contract with Petroleum Development Oman (PDO) for the provision of subsurface imaging technology and services at its dedicated processing ce...
BP Khazzan project On Track for First Gas with the Completion of 50 Wells
Oman >> 5/23/2017 - BP has reached a significant milestone in the development of the Khazzan gas project with the successful drilling and completion of the fiftieth well at the large gas field in Block 61. This is the fi...
Proserv Middle East Secures Multiple Contract Awards
United Arab Emirates >> 5/23/2017 - Energy services company Proserv has recently been awarded a series of contracts worth a combined value of more than $11million USD for its production control new-build and after-market services in the...
Iraq Ministry of Oil Modifies the Contract of Developing Seeba Gas Field
Iraq >> 5/21/2017 - The ministry of oil "represented by the Basrah oil company" signed on an additional modification on the contract with the awarded companies to develop the Seeba gas field in Basrah governorate in the ...
PDO Plans to Award More Contracts to Local Community Firms
Oman >> 5/21/2017 - Oman’s national oil firm Petroleum Development Oman (PDO) plans to increase the number of contracts awarded to local community contracting companies (LCCs) as part of a larger initiative to strengthen...
Oman's Natural Gas Production, Imports Dropped in Jan-April Period
Oman >> 5/20/2017 - Oman’s natural gas production and imports edged down by 1 per cent to 13,532 million cubic metres (MNCM) for the first four months of 2017, compared with 13,670 MNCM in the same January to April perio...
Oman Oil Co to Divest Stake in Fuel Giant CLH
Oman >> 5/20/2017 - An international investment fund says it has agreed a deal to acquire state-owned energy investment firm Oman Oil Company’s 10 per cent stake in Compania Logistica de Hidrocarburos (CLH), which owns a...
Schlumberger Signs Memorandum of Understanding with Saudi Aramco
Saudi Arabia >> 5/20/2017 - Schlumberger signed a memorandum of understanding with Saudi Aramco to develop an In-Kingdom Total Value Add roadmap, in alignment with the Kingdom’s economic vision for 2030.
Aramco Signs $50B Agreements with US Companies during Trump's Visit
Aramco Signs $50B Agreements with US Companies during Trump's Visit Saudi Arabia >> 5/20/2017 - Saudi Aramco signed agreements with major U.S. companies which will pave way for the company to enhance its business synergy with the U.S. as well as attracting investments from its U.S. counterparts ...
McDermott and Saudi Aramco Sign MOU at the First Saudi-U.S. CEO Forum
Saudi Arabia >> 5/20/2017 - McDermott International, Inc. signed another memorandum of understanding (MOU) with Saudi Aramco to expand and develop the company’s physical and human capital within Saudi Arabia as part of Aramco’s ...
KBR Awarded FEED Contract for Oman LNG
KBR Awarded FEED  Contract for Oman LNG Oman >> 5/18/2017 - KBR, Inc. has been awarded a Front-End Engineering Design (FEED) and project management services contract for Oman Liquefied Natural Gas LLC (Oman LNG) in Qalhat, Oman. Oman LNG operates three liquefa...
Ramboll Awarded Pre-FEED Study for Al-Shaheen Field
Ramboll Awarded Pre-FEED Study for Al-Shaheen Field Qatar >> 5/18/2017 - Ramboll has been appointed by the North Oil Company (NOC) to carry out a pre-FEED study for three new wellhead platforms at the gigantic field Al-Shaheen, off the north-eastern coast of Qatar in the A...
Dana Gas Receives Partial Payment of $50M from the Egyptian Government
United Arab Emirates >> 5/18/2017 - Dana Gas has received an initial payment of US$ 50 million (AED 184 million) from the Egyptian Government as partial payment of its outstanding receivables. ...
Israeli Energy Firms Delek Drilling, Avner Oil to Finally Merge
Israel >> 5/17/2017 - Israel's Delek Drilling and Avner Oil, both units of conglomerate Delek Group), said on Wednesday they have completed a long-awaited merger and will begin trading next week as one company. ...
Saudi Aramco to Set up New Chemicals Unit
Saudi Arabia >> 5/17/2017 - Saudi Aramco plans to set up a new chemicals subsidiary, the company said in its official magazine, The Arabian Sun. "The Board... approved the creation of a new subsidiary to conduct the company's ch...
Saudi Arabia Oil Demand - May 2017
Saudi Arabia Oil Demand - May 2017 Saudi Arabia >> 5/16/2017 - In Saudi Arabia, March 2017 oil demand returned to a declining trend as oil demand dropped sharply by 0.24 tb/d or 10% y-o-y, with total oil demand reaching around 2.13 mb/d. On a cumulative basis fro...
Aramco Plans at Least 10 Energy Deals During Trump Visit
Saudi Arabia >> 5/16/2017 - Saudi Aramco plans to sign agreements with at least 10 companies including General Electric Co. and oil field-service businesses Schlumberger Ltd. and Halliburton Co. when President Donald Trump visit...
Zion Oil & Gas Raises Rig Derrick in Israel
Israel >> 5/15/2017 - With the raising of the derrick, Zion Oil & Gas, Inc will commence acceptance testing in preparation for spudding its Megiddo-Jezreel #1 well, onshore Israel. ...
Aramco Awards NPCC New Contract for Four Platforms and Pipelines
Saudi Arabia >> 5/15/2017 - Saudi Arabian Oil Company, Saudi Aramco, has awarded a new contract to National Petroleum Construction Company, NPCC, for four Offshore Platforms and associated Submarine Pipelines, Cables and Tie-ins...
Kingdom Opens Investment Chances to Korean Businesses
Saudi Arabia >> 5/15/2017 - Nearly 40 Korean companies and 100 participants recently attended the “Downstream Manufacturing Opportunities in Saudi Arabia” forum in Seoul, South Korea, as a way to promote investment opportunities...
Saudi Arabia, Russia Agree Oil Output Cuts until March 2018
Saudi Arabia >> 5/15/2017 - Saudi Arabia and Russia, the world's two top oil producers, agreed to extend oil output cuts for a further nine months until March 2018 to rein in a global crude glut, pushing up prices. ...
PDO’s Miraah Project to Begin Operations from August 2017
Oman >> 5/14/2017 - Oman’s Miraah solar thermal project is expected to begin its first phase operation from as early as August this year, according to a top official at Petroleum Development Oman (PDO). ...
Iraq Minister of Oil Meets with Algerian Minister of Energy
Iraq >> 5/11/2017 - Mr. Jabbar Ali Hussain Al-Luiebi the minister of oil praised the historic relations between the Iraqi & Algerian people. Mr. Al-Luiebi met with the Algerian minister of energy Mr. Nooraldeen Botarfa i...
Questerre Acquires Minority Interest in Red Leaf
Jordan >> 5/11/2017 - Questerre Energy Corporation (Questerre) has made a strategic investment in Red Leaf Resources, Inc. (Red Leaf). Through an agreement with one of the vendors, Whitehorn Resources Inc. (Whitehorn), Que...
DNO Reports Payment for Tawke Deliveries
Iraq >> 5/10/2017 - DNO ASA, the Norwegian oil and gas operator, today reported receipt of USD 41.40 million from the Kurdistan Regional Government as payment towards February 2017 crude oil deliveries to the export mark...
Getech to Support Lebanon's First Offshore Licensing Round
Lebanon >> 5/10/2017 - Getech announces an extension of its agreement to provide consultancy services to the Lebanese Petroleum Authority (LPA) through its wholly owned subsidiary, ERCL. ...
Polarcus Awarded Broadband 3D Project in Asia Pacific
United Arab Emirates >> 5/10/2017 - Polarcus Limited (Polarcus) has received a Letter of Award for a broadband 3D marine seismic project in Asia Pacific. The project is due to commence in Q3 2017 and will run for approximately one month...
EnerMech Launches JV with Khudairi Group
Iraq >> 5/9/2017 - UK-based EnerMech has launched a joint venture with the Khudairi Group in Iraq to target both the re-emerging oil and gas and large infrastructure sectors. The JV, with one of the country’s longest es...
Omani Cement Firms Form New Joint Venture
Oman >> 5/9/2017 - Two of Oman’s cement producers—Raysut Cement Company and Oman Cement Company—have formed a new cement firm. The new joint venture company, Alwasta Cement Company, proposes to set up a new cement proje...
Honeywell UOP and KFUPM Drive Economic Diversification in Saudi Arabia
Saudi Arabia >> 5/9/2017 - In support of Saudi Arabia’s ongoing efforts toward economic diversification and localization initiatives, Honeywell UOP and King Fahd University of Petroleum & Minerals (KFUPM) have unveiled the deta...
Aramco to Cut June Oil Supplies to Asia by about 7 mln barrels
Saudi Arabia >> 5/9/2017 - Saudi Aramco will cut oil supplies to Asia by about 7 million barrels in June, a source with direct knowledge of the matter said. ...
Honeywell UOP Signs Agreement to Provide Technology and Equipment for Jordanian Refinery
Jordan >> 5/8/2017 - Honeywell UOP announced today that it has signed an agreement with the Jordan Petroleum Refinery Company (JPRC) to facilitate a $1.6 billion expansion of its refinery in Zarqa, Jordan. This expansion ...
Gulf Drilling International Signs $925M Financing Facility with QIB
Gulf Drilling International Signs $925M Financing Facility with QIB Qatar >> 5/8/2017 - Qatar Islamic Bank (QIB), Qatar’s leading Islamic Bank, signs a US$ 925 million (QR 3.4 billion) structured Shari’a compliant financing facility with Gulf Drilling International Limited QSC (GDI). Thi...
Iraq Declares the Primary Statistics of Oil Exports for April 2017
Iraq >> 5/7/2017 - The ministry of oil declared the primary statistics of the exported Iraqi crude oil and the outcome for April 2017 according to SOMO Company. The oil exports for April was (97,574,813) barrels, while ...
PDO Awards $780M Key Contracts to Omani Firms
Oman >> 5/7/2017 - Petroleum Development Oman (PDO) has awarded two key contracts valued at around RO 300 mln to Omani businesses for work in the north of its operations in the Sultanate. ...
DNO Expands Investment at Tawke Field
Iraq >> 5/4/2017 - DNO ASA, the Norwegian oil and gas operator, expanded investments, including doubling of planned 2017 wells at the Tawke field in the Kurdistan region of Iraq, on the back of strong first quarter resu...
Iraq Exports First Shipment of Crude Oil to Egypt
Iraq >> 5/4/2017 - The ministry of oil declared the exportation of the first shipment of crude oil which was (2) million barrels to Egypt through the southern ports. ...
Qatargas Delivers Commissioning Cargo to New Chinese LNG Terminal
Qatar >> 5/3/2017 - Qatargas, the World’s Premier LNG Company, recently delivered the inaugural cargo of Liquefied Natural Gas (LNG) to China National Oil Corporation’s (CNOOC) Yuedong LNG terminal. The LNG cargo, delive...
Dana Gas to Start Restructuring Talks on Bond Due in October
United Arab Emirates >> 5/3/2017 - Dana Gas PJSC will ask bondholders to accept changed terms on $700 million of debt coming due in October as the energy producer based in the United Arab Emirates seeks to restructure debt for the seco...
KNPC, PIC Agree to Shift Key Oil Projects to KIPIC
Kuwait >> 5/2/2017 - Kuwait National Petroleum Company (KNPC) and the Petrochemicals Industries Company (PIC) signed agreements to transfer contracts of key projects to Kuwait Integrated Petrochemical Industries Company (...
Major Enhanced Oil Recovery Projects Still On track
Oman >> 5/2/2017 - Majority state-owned Petroleum Development Oman (PDO) says it still sees in excess of a quarter of crude oil production coming from Enhanced Oil Recovery (EOR) despite the relatively high capital cost...
Questerre Provides Update on its Jordan Oil Shale Project
Jordan >> 5/1/2017 - Questerre Energy Corporation (Questerre) reported on an essential test of mechanical rock properties for its oil shale in Jordan. ...
Orpic Starts Work on Natural Gas Extraction Unit in Fahud
Oman >> 4/29/2017 - Oman Oil Refineries and Petroleum Industries Company (Orpic) laid the foundation stone for its $688 million-natural gas liquids extraction plant in Fahud, which is part of the $6.4 billion-Liwa Plasti...
Qatar Petroleum Increases Qatar’s Petrochemical Industries Production
Qatar >> 4/29/2017 - In a move aimed at supporting Qatar’s petrochemical industry, Qatar Petroleum (QP) recently signed agreements to supply additional quantities of ethane, which is used as feedstock, to a number of subs...
U.A.E.'s Adnoc Will Cut Oil Sales to Buyers by 10% in June 2017
United Arab Emirates >> 4/29/2017 - The United Arab Emirates is cutting back supplies to customers in June as part of its agreement with OPEC to curb production. Abu Dhabi National Oil Co. will reduce sales by 10 percent, a company spok...
SNC-Lavalin Wins FEED Deal for Saudi Aramco Plant
SNC-Lavalin Wins FEED Deal for Saudi Aramco Plant Saudi Arabia >> 4/27/2017 - SNC-Lavalin was awarded a contract by Saudi Aramco for engineering and project management services for the Berri Increment Program. New facilities are proposed at Saudi Aramco’s existing plants at Abu...
Sadara Chemical Starts up Final Polyethylene Plant in Saudi Arabia
Saudi Arabia >> 4/27/2017 - Sadara Chemical Company (Sadara) announced the startup of its fourth and final polyethylene unit, the High Pressure Low Density Polyethylene (HP-LDPE) Train. This marks a significant milestone for the...
TechnipFMC Awarded an EPC Contract for SRP in Abu Dhabi
United Arab Emirates >> 4/27/2017 - TechnipFMC has been awarded by Zakum Development Company an Engineering, Procurement and Construction contract (EPC3 project) for a sulfate reduction plant on West Island located offshore Abu Dhabi, U...
Oman Oil Company Exploration & Production Signs Deal with Shell
Oman >> 4/26/2017 - Oman Oil Company Exploration and Production (OOCEP) and Shell Exploration have signed a Heads of Agreement (HoA) to collaborate on Oman Block 42. Under the agreement, an initial aerial study will be c...
Oman Upstream Oil and Gas Activity at High Levels
Oman >> 4/26/2017 - Notwithstanding a commitment to capping crude production in line with a global output reduction pledge reached by Opec and non-Opec producers, activity levels in Oman’s oil and gas sector will continu...
Saudi Arabia Foils Bombing Attempt on Aramco Fuel Distribution Terminal
Saudi Arabia >> 4/26/2017 - Saudi forces have foiled an attempt to blow up an Aramco fuel terminal in southern Saudi Arabia using a high-speed boat laden with explosives, the interior ministry said, and accused Yemen's Houthi gr...
Petrofac Enhances Iraq Presence with $70M in New Contracts
Iraq >> 4/25/2017 - Petrofac has secured a series of contract awards worth more than US$70 million for engineering, operations and maintenance services in Iraq. Petrofac’s Engineering and Production Services’ (EPS) East ...
Iraq Begins Final Expansion Phase at Halfaya Oil Field
Iraq >> 4/25/2017 - Iraq has launched the third and final phase of work to expand its southern Halfaya oil field, aiming to double its output capacity in 2018 to 400,000 barrels per day, a state-run oil company said. ...
Iraq Announces New Investment Refinery in Basrah / Faw
Iraq >> 4/24/2017 - The ministry of oil would like to announce for a new investment opportunity to build an investment refinery in Basra – Faw with a capacity of 300 thousand barrels / day. ...
Middle East Oil Supply - April 2017
Middle East Oil Supply - April 2017 Oman >> 4/24/2017 - The main non-OPEC oil producers in the Middle East – Oman, Bahrain, Syria and Yemen – are estimated to have produced 1.28 mb/d in 2016, unchanged from the last MOMR. Preliminary data analysis indicate...
Saudi Arabia to Offer 1 Gigawatt of Renewable Contracts in 2017
Saudi Arabia >> 4/24/2017 - Saudi Arabia will offer as much as 1 gigawatt of contracts to buy renewable electricity by the fourth quarter of this year, a government official said, putting more detail on a program designed to sti...
Petronas in Deals to Boost Cooperation with Saudi Arabia
Saudi Arabia >> 4/23/2017 - MALAYSIA’s leading oil and gas giant, Petronas, recently sealed multiple agreements with the Kingdom of Saudi Arabia. The company inked an agreement with Saudi Arabia’s Unified Lubricants Company (ULC...

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