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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...
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...
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...
Orpic’s Muscat Sohar Product Pipeline Achieves Major Safety Milestone
Oman >> 4/22/2017 - Muscat-Sohar Pipeline project (MSPP) has achieved an important safety milestone by recording 10 million human hours without Lost Time Injury (LTI). This project is one of the most important strategic ...
Gas Commitment to Determine $2.3b Duqm Methanol Project
Oman >> 4/22/2017 -  A proposal to set up a $2.3 billion-greenfield methanol project by Mingyuan Holdings Group Co. Ltd in Duqm will depend on the Sultanate’s commitment to supply natural gas as feedstock. ...
Siemens Expands Open Cycle Power Plant in Kuwait with Steam Turbine
Kuwait >> 4/19/2017 - Siemens has received an order to deliver an industrial steam turbine package to expand the Az Zour South 3 open cycle gas turbine power plant to a combined cycle power plant. The plant is located in K...
UAE'S TAQA might Sell Some North American Oil & Gas Assets
United Arab Emirates >> 4/19/2017 - Abu Dhabi National Energy Company (TAQA) might sell some of its oil and gas interests in North America to raise capital for its core business, its chief operating officer told Reuters. The loss-making...
Iraq Plans Three Gas Processing Plants to Reduce Flaring
Iraq >> 4/18/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil confirmed that the priority of the ministry is to make the appropriate plans to invest the associated gas with the oil operations in Iraq and stop ...
Amec Foster Wheeler Wins Contract with China’s GPEC for Oil Shale Fired CFB Boilers
Jordan >> 4/18/2017 - Amec Foster Wheeler has been awarded a new contract by China Energy Engineering Group Guangdong Power Engineering Co., Ltd. (“GPEC”), for the design and supply of two circulating fluidized-bed (CFB) s...
GE to Supply Power Generation Equipment for Sabiya Power Plant in Kuwait
Kuwait >> 4/18/2017 - GE will supply a steam turbine generator set and two heat recovery steam generators (HRSG), along with associated engineering and other services for the Kuwaiti Ministry of Electricity’s Sabiya Power ...
DNO Investment in Oman Block 8 Tops $100 million
Oman >> 4/18/2017 - Norwegian oil and gas firm DNO has ploughed in excess of $100 million in Block 8 since it acquired operatorship of the concession offshore Oman’s Musandam peninsula in 2012 — a figure set to rise as t...
Bahrain National Gas Expansion Co Raises $515 mln Loan
Bahrain >> 4/17/2017 - Bahrain National Gas Expansion Co, a subsidiary of the country's National Oil and Gas Authority, signed a $515 million syndicated loan that will back part of the expansion of its gas processing facili...
Iraq Completes Repairs at Basra Oil Jetty, Loading Operations Resume
Iraq >> 4/17/2017 - Repair work at a Basra oil jetty damaged by a tanker collision last month were completed, two officials at state-run South Oil Company told Reuters. ...
Saudi Arabia Pushes ahead with Renewable Drive to Diversify Energy Mix
Saudi Arabia >> 4/17/2017 - Saudi Arabia aims to produce 10 percent of its power from renewable sources in the next six years as it pushes ahead with a multi-billion-dollar plan to diversify its energy mix and free up more crude...
GPIC, GE Oil & Gas Sign Long-term Bilateral Deal
Bahrain >> 4/16/2017 - The Gulf Petrochemical Industries Company (GPIC) has signed a long-term bilateral agreement with GE Oil & Gas to enhance efficiency its major plant operations and support and supervise periodic mainte...
The Maritime Standard Tanker Conference 2017 - Date & Location Confirmed
United Arab Emirates >> 4/16/2017 - A high level group of expert speakers and panelists is being assembled by The Maritime Standard, and will include representatives from leading tanker owners and managers, port operators, trade organis...
Yokogawa Wins Kuwait Desalination Plant Control System Order
Kuwait >> 4/13/2017 - Yokogawa Electric Corporation announces that its subsidiary, Yokogawa Electric Korea, has received an order from Doosan Heavy Industries & Construction Co., Ltd., a major South Korean plant constructi...
Lukoil Completes 3D Seismic Acquisition at West Qurna-2
Iraq >> 4/12/2017 - LUKOIL has completed a field 3D seismic survey at West Qurna-2 field in Iraq. The survey covered an area of about 450 square kilometers. The Company has fulfilled all of its contractual obligations to...
Lebanon Extended Deadline of the Second Prequalification Round
Lebanon >> 4/12/2017 - The deadline of announcement of the results of the second prequalification round in relation to the first licensing round in the Lebanese Offshore determined in the announcement of the prequalificatio...
Asian Product Market - March 2017
Asian Product Market - March 2017 Oman >> 4/12/2017 - The Asian market got support from expectations of a more balanced market in the lead up to the onset of the regional maintenance season. This occurred amid stronger middle distillates demand fuelling ...
Siemens to Set up Global Logistics HQ in Dubai
United Arab Emirates >> 4/12/2017 - Highlighting the importance of Dubai as a strategic logistics hub between East and West, North and South, Siemens has announced plans to set up its global logistics headquarters including its portfoli...
Topaz Energy and Marine Announces Senior Executive Appointments
United Arab Emirates >> 4/11/2017 - Topaz Energy and Marine, a leading offshore support vessel company, announced the appointments of Mr. Martin Helweg as Chief Operating Officer (COO) and Mr. Hicham Hachkal as Human Resources Director ...
Oman to Seek $5b Bank Finance for $7b Duqm Refinery Project
Oman >> 4/10/2017 - Duqm Refinery, a 50:50 joint venture between the Sultanate’s state-owned Oman Oil Company and Kuwait Petroleum International, is seeking 65 per cent of its $7 billion capital expenditure for building ...
Feasibility Study on Petrochemical Complex will be Ready within Few Months
Oman >> 4/10/2017 - A feasibility study for building a petrochemical complex, which will be a downstream venture of Duqm Refinery, will be completed within months, said Yusuf Al Jahdami, project director at Duqm refinery...
Aramco Board to Meet in Shanghai as it Seeks Chinese Investors for IPO
Saudi Arabia >> 4/10/2017 - Saudi Aramco's board will meet in China in May for the first time in seven years, industry sources said, as the state-owned energy firm seeks to lure Chinese and Asian investors to its giant share off...
Bids for Phase 1 of Oman’s Ras Markaz Crude Terminal due Next Month
Oman >> 4/9/2017 - Bids for the first phase of an ambitious crude oil storage park at Ras Markaz on Oman’s southeastern coast are due in next month, according to a key official associated with the giant scheme. Oman Tan...
Oman Block 44 Acquisition by ARA Completed
Oman >> 4/8/2017 - ARA Petroleum, a new entrant to Oman’s burgeoning upstream Exploration & Production (E&P) industry, has confirmed that its acquisition of the 100 per cent interest of PTTEP Oman Company Limited in Blo...
Polarcus Awarded Broadband 3D Project in Asia Pacific
United Arab Emirates >> 4/7/2017 - Polarcus Limited has received a contract award for a broadband 3D marine seismic project in the Asia Pacific region. The project is due to commence in Q2 2017 and will run for approximately two months...
First Shipment of CNPC's Equity Oil Sets Sail from UAE to China
United Arab Emirates >> 4/7/2017 - On April 3, the New Constant oil tanker with 1 million barrels of CNPC's equity oil set sail from Port Fujairah in UAE to China. This indicates that the onshore oilfield concession project of Abu Dhab...
Air Liquide to Build a €20M Nitrogen Plant for Oman’s Orpic
Air Liquide to Build a €20M Nitrogen Plant for Oman’s Orpic Oman >> 4/6/2017 - Air Liquide and Oman Oil Refineries and Petroleum Industries Company (Orpic), Oman’s national refining company, recently signed a long term agreement for the supply of nitrogen to the Liwa Plastics In...
Oman Shipping Moots Floating Storage LNG Regasification
Oman >> 4/5/2017 - Wholly government-owned Oman Shipping Company (OSC) is mooting the possible use of a Floating Storage Regasification Unit (FSRU) to supply imported liquefied natural gas (LNG) to consumers in the Sult...
Oman Oil Plans Massive Petrochem Scheme at Duqm
Oman >> 4/4/2017 - Oman Oil Duqm Development Company, one of the verticals of the wholly government owned strategic investment group Oman Oil Company, has unveiled plans for the establishment of a mammoth petrochemicals...
Orpic to Promote Polymer-based Downstream Sector
Oman >> 4/4/2017 - Orpic, the nation’s refining and petrochemicals flagship, has set up a dedicated unit to market the prodigious volumes of polymers that will come on stream when its $6.4 billion Liwa Plastics Industri...
Saudi Arabia to Switch Crude Oil Pricing for European Refiners
Saudi Arabia >> 4/4/2017 - Saudi Arabia is to tweak the benchmark it uses to sell its crude in Europe, in a concession to refiners in the region that have long complained about their ability to hedge using the current measure. ...
Bahrain's Bapco Starts Talks with Contractors on Sitra Expansion Bids
Bahrain >> 4/3/2017 - State-run Bahrain Petroleum Co (Bapco) has started two weeks of negotiations with international contractors to clarify bids to expand the Sitra oil refinery, estimated to cost around $5 billion. ...
Iraq, Lukoil's Trading Arm to Form Marketing Venture
Iraq >> 4/3/2017 - Iraq's state-oil marketer SOMO and the trading arm of Russia's Lukoil have agreed to form a joint crude marketing venture, the Iraqi Oil Ministry website reported. The venture between SOMO and Litasco...
Mediterranean Gas Pipeline Could be Built by 2025
Israel >> 4/3/2017 - European and Israeli governments gave their support to moving forward with a Mediterranean pipeline project to carry natural gas from Israel to Europe, setting a target date of 2025 for completion. ...
OOCEP Uncovers 430m boe of New Oil and Gas Discoveries in 2016
Oman >> 4/3/2017 - Oman Oil Company Exploration and Production (OOCEP), the upstream arm of the government-owned energy investment firm Oman Oil Company (OOC), has announced additional potential discoveries totalling in...
Qatar Restarts Development of World's Biggest Gas Field
Qatar >> 4/3/2017 - Qatar Petroleum announced its intention to develop a new gas project in the southern sector of the North Field and that it will commence work on the project’s details over the next few months. ...
Saudi Arabia Oil Demand - March 2017
Saudi Arabia Oil Demand - March 2017 Saudi Arabia >> 4/3/2017 - In Saudi Arabia, January 2017 oil consumption continued to fall on the back of slower-than-anticipated requirements in the electricity and construction sectors. Oil demand declined by 0.18 mb/d from J...
BP & DuPont JV, Butamax® Takes Next Step in Commercialization of Bio-isobutanol
United Arab Emirates >> 4/3/2017 - Butamax Advanced Biofuels LLC, a 50/50 joint venture between BP and DuPont, combining expertise in fuels with industrial biotechnology, today announced the acquisition of Nesika Energy, LLC and its st...
Abu Dhabi National Energy Co (TAQA) Considering Formosa Bond, Sukuk
United Arab Emirates >> 4/3/2017 - Abu Dhabi National Energy Co (TAQA) is considering debt funding options including a formosa bond, sukuk and bank loans, the company's spokesman said. TAQA will raise the funding to cover debt maturiti...
Saudi Aramco Signs MoUs with ADNOC, Masdar
Saudi Arabia >> 4/2/2017 - Saudi Arabian Oil Company (Saudi Aramco) signed two separate Memorandums of Understanding with Abu Dhabi National Oil Company (ADNOC) and with Masdar, Abu Dhabi’s renewable energy company, covering en...
Oman, Kuwait to Sign Deal for Duqm Refinery
Oman >> 4/1/2017 - Kuwait will sign a partnership agreement with Oman for Duqm refinery near the port in the Al Wusta region on April 10, Kuwait's oil minister said. The 230,000 barrel per day facility is part of the va...
Oman in Bid for International Gas Union Presidency
Oman >> 3/31/2017 - The Sultanate has announced its maiden bid for the presidency of the International Gas Union (IGU) — a much coveted position it is competing for jointly with Egypt. ...
ViZn Energy Systems Selected to Provide Commercial-Scale Flow Battery in Central America
United Arab Emirates >> 3/31/2017 - ViZn Energy Systems Inc. (ViZn), a leading provider of energy storage systems for utility, commercial and industrial (C&I), and microgrid applications, has been selected to provide a 200kW (four hour)...
CGG Awarded Multi-year Integrated Geoscience Study by KGOC
Kuwait >> 3/30/2017 - CGG has been awarded a multi-year integrated geoscience study by Kuwait Gulf Oil Company (KGOC) to identify resource growth potential in the onshore Partitioned Zone (PZ). The geoscience study will be...
Saudi Aramco Formally Appoints Banks to Advise on Share Sale
Saudi Arabia >> 3/30/2017 - Saudi Aramco has formally appointed JPMorgan Chase & Co (JPM.N), Morgan Stanley (MS.N) and HSBC (HSBA.L) as international financial advisers for its initial public offering, sources familiar with the ...
Iraq Declares Extinguishing of Last Well in Qayara
Iraq >> 3/29/2017 - Mr. Jabbar Ali Hussein Al-Luiebi the minister of oil declared the extinguishing of the well No.42 in Qayara field in Ninawa governorate, which was the last flaming remaining oil well in the north of I...
KNPC Inks $88M Deal with HOTECC
Kuwait >> 3/29/2017 - Kuwait National Petroleum Company (KNPC) signed a KD 27.894 million (approx. USD 88 million) contract deal with HOT Engineering & Construction Company (HOTECC) to seek support services for the environ...
Long-operating Shuaiba Refinery Shuts down in April 2017
Kuwait >> 3/29/2017 - The long-operating Shuaiba refinery will shut down on April first after years of contributing to Kuwait's economic welfare and progress. An event will initiate the closure process. The refinery, owned...
Lukoil Applies Innovative Core Examination Technologies at West Qurna-2
Iraq >> 3/28/2017 - LUKOIL has applied innovative technologies for examination of core samples of the West Qurna-2 field. The company performed capillarimetric survey in oil-water reservoir conditions paired with mercury...
Genel Slashes Reserves Estimate for Iraqi Kurdistan Field Again
Iraq >> 3/28/2017 - Gross 2P reserves for the Taq Taq field as of 28 February 2017 are estimated by McDaniel at 59 MMbbls, compared to 172 MMbbls at 31 December 2015. Cumulative oil production from the Taq Taq field to 2...
Petrofac Awarded US$1.3B EPC Contract in Kuwait
Petrofac Awarded US$1.3B EPC Contract in Kuwait Kuwait >> 3/28/2017 - Petrofac has been awarded a contract for Kuwait Oil Company’s (KOC) gathering centre project, GC 32, located in the Burgan oil field, south east of Kuwait. ...
Saudi Arabia Sweetens Huge Aramco IPO with Tax Cut
Saudi Arabia >> 3/28/2017 - Saudi Arabia's government has cut the income tax paid by national oil giant Saudi Aramco to smooth the company's initial public offer of shares next year, which is expected to be the world's largest e...
5-Millionth Tonne of Oil Produced at Gazprom Neft's Badra Oil Field
Iraq >> 3/27/2017 - Gazprom Neft Badra, a subsidiary of Gazprom Neft, has produced the five-millionth tonne of oil at its Badra field, Iraq. Thanks to the application of cutting-edge production and transportation technol...
China's Sinopec Invited by KSA to Invest in Aramco
Saudi Arabia >> 3/27/2017 - China Petroleum & Chemical Corp. said it was invited to invest in Saudi Arabian Oil Co. as part of what could be the world’s biggest-ever initial public offering. ...
Take Your Field Service Management (FSM) to Another Level
United Arab Emirates >> 3/27/2017 - A modern Field Service Management (FSM) system provides the needed visibility, planning, and execution to achieve the key goals for a field service organization. The major forces driving this market i...
First Microfactory Launched in UAE
United Arab Emirates >> 3/27/2017 - Mubadala Development Company (Mubadala), the Abu Dhabi-based investment and development company, the Dubai Future Foundation and GE Additive are uniting their collective expertise behind the establish...
Canada’s APEX Sets Sights on Block 36 Prospects
Oman >> 3/26/2017 - Canada-based upstream energy firm Allied Petroleum Exploration Inc (APEX), whose 100 per cent interest in Block 36 in southwest Oman was endorsed by Royal Decree 15/2017 issued last week, says it has ...
Oman to Cut Crude Supplies to Asia by 15 pct from June
Oman >> 3/24/2017 - Non-OPEC producer Oman has notified its term customers in Asia that it will reduce supplies by 15 percent from June to meet local demand and as part of its commitment to cut output under a producers' ...
Saudi Exports to U.S. to Fall by 300,000 barrels per day in March
Saudi Arabia >> 3/24/2017 - Saudi Arabia's crude exports to the United States in March will fall by around 300,000 barrels per day from February, in line with OPEC's agreement to reduce supply, a Saudi energy ministry official s...
Hempel Inaugurates New Factory in Kuwait
Kuwait >> 3/23/2017 - Hempel inaugurated a new factory in Mina Abdullah in Kuwait on 22 March. Built to ISO 9000 quality management guidelines, the new factory will meet growing demand for Hempel coatings in the region.
Local Firm Wins Oman Sebacic Acid Project Contract
Oman >> 3/22/2017 - Local contracting firm Al Duqm Global Construction has been awarded the main contract to undertake the construction of Oman’s first sebacic acid plant at the Duqm Special Economic Zone (SEZ). Total in...
China's SASAC, Saudi Aramco Discuss Oil, Engineering Cooperation
Saudi Arabia >> 3/22/2017 - A top official of China's state assets regulator met with Saudi Aramco's chief executive last week for discussions over cooperations in the oil, engineering and power sectors, according to a statement...
Aramco Plans $2B Bond Debut
Saudi Arabia >> 3/22/2017 - Saudi Arabian Oil Co. (Saudi Aramco ) is seeking to raise about $2 billion in its debut bond sale, the first step of a plan by the energy giant to tap markets for $10 billion, according to people fami...
Gas Talks With Turkey May Wrap Up in Summer
Israel >> 3/21/2017 - Talks between government officials on building a natural gas pipeline from Israel to Turkey may conclude as early as this summer, Israeli Energy Minister Yuval Steinitz said. ...
Marlink to Build New Internet Service for Iraqi Oil & Gas Companies
Iraq >> 3/20/2017 - Global satcom specialist Marlink, UK-based service integrator Defaultroute and Iraqi Internet service provider Abr Al Manara have joined forces to deliver a groundbreaking hybrid digital connectivity ...
Saudi Aramco Launches Center for Contractors and Suppliers Relations
Saudi Arabia >> 3/20/2017 - Saudi Aramco launched a contractors and suppliers relations center in the Chamber of Commerce and Industry in Riyadh to facilitate the registration process and help contractors reach the company. ...
Beijing, Saudi Arabia Agree to More Oil Cooperation
Saudi Arabia >> 3/18/2017 - China and Saudi Arabia will increase their cooperation in the oil sector, including in Saudi oil exports to China, the two countries said in a joint communique issued at the end of Saudi Arabian King ...
Masirah Oil Spuds Exploration Well in Block 50 Oman
Oman >> 3/17/2017 - Masirah Oil Limited (“Masirah”) and its partners announced that the drilling of exploration well Karamah#1 in Block 50 Oman has started on 17 March 2017. ...
Saudi Oil Minister Says Output Cuts May be Extended if Necessary
Saudi Arabia >> 3/17/2017 - A deal to cut oil output by the Organization of the Petroleum Exporting Countries could be extended if inventories remain above average, Saudi Energy Minister Khalid al-Falih said in an interview with...
Magseis, BGP Awarded Red Sea Contract Extension
Saudi Arabia >> 3/17/2017 - Magseis has, together with its partner BGP, been awarded an extension to the ongoing contract with BGP Arabia and Saudi Aramco to acquire additional ocean bottom seismic data block in the Red Sea. The...
Iraq's Talks with Exxon to Develop New Southern Fields in Progress
Iraq >> 3/15/2017 - Iraq's talks with U.S. oil major Exxon Mobil Corp to develop two small southern oilfields are progressing well, the head of state-run South Oil Co. said. ...
Iraq Plans to Boost Crude Oil Production and Exports in 2017
Iraq >> 3/15/2017 - Iraq pumped 4.57 million barrels a day of oil in February and plans to boost output later in the year even as the OPEC member reaffirmed its commitment to the group’s decision to cut production to cou...
Bilfinger Wins €200M Contract Extension in Oman as Part of JV
Oman >> 3/15/2017 - Bilfinger has secured a multi-million euro framework contract extension for engineering and maintenance services in Oman as part of a joint venture. The longstanding successful cooperation with oil an...
Oman Refiner Said to Hire Credit Agricole for $6 Billion Project
Oman >> 3/15/2017 - Oman’s Duqm Refinery & Petrochemical Co. hired Credit Agricole SA to advise on fundraising for its $6 billion project, according to two people with knowledge of the plan. ...
Saudi Aramco to Resume Oil Product Shipments to Egypt Soon
Saudi Arabia >> 3/15/2017 - Saudi Arabian state oil company Aramco will resume oil product shipments to Egypt some six months after halting them suddenly, the Egyptian Petroleum Ministry said, signaling a potential thaw in relat...
Wartsila to Supply 38 MW Power Plant to Saudi Arabia
Saudi Arabia >> 3/15/2017 - The technology group Wartsila will supply a 38 MW power plant to a Saudi Arabian customer. The turn-key engineering, procurement and construction (EPC) order includes four Wartsila 32TS engines. The o...
PGNIG Signed a Strategic Agreement with Qatargas
Qatar >> 3/14/2017 - Polish Oil and Gas Company (PGNiG) signed a side agreement to the existing Sale and Purchase Agreement (SPA) with Qatargas, the World’s Premier Liquefied Natural Gas Company. ...
Petsec Energy to Supply Oil Tanker Loading Equipment in Yemen
Yemen >> 3/14/2017 - Petsec Energy announces the execution of a contract for the manufacture and delivery of oil tanker loading equipment to be installed at the An Nagyah Central Processing Facility (CPF) within the Compa...
Kuwait Willing to Extend OPEC Deal
Kuwait >> 3/13/2017 - Kuwait will support the extension of a global deal to cut oil supply beyond June, the country's oil minister said on Monday as the market needs more time to rebalance. ...
NDT CCS Acquires Majority Stake in Omani Firm
Oman >> 3/12/2017 - Investcorp’s portfolio company, NDT Corrosion Control Services Co. (NDT CCS), announced the acquisition of a majority stake in Hi-Tech Inspection Services, Oman’s largest provider of industrial non-de...
SMC Awards SNC-Lavalin EPC Contract for Ammonia Plant Construction
Oman >> 3/12/2017 - Salalah Methanol Company (SMC), a wholly owned subsidiary of Oman Oil Company (OOC), has awarded SNC-LAVALIN, a contract for the engineering, procurement and construction (EPC) of a 1,000 metric tons ...
Amec FW Wins PIC Refinery-petchem Integration Deal
Kuwait >> 3/10/2017 - Amec Foster Wheeler awarded a contract by Petrochemical Industries Company K.S.C. (PIC), a subsidiary of the Kuwait Petroleum Company (KPC), for the integration project between its Olefins III, Aromat...
Gazprom Neft Commissions Three New Wells at Badra Field in Iraq
Iraq >> 3/9/2017 - Gazprom Neft Badra — a subsidiary of Gazprom Neft — has commissioned three new production wells (BD-2, P-14 and P-10) at the Badra field in Iraq. Total production across all three wells is running at ...
Iraq Announces Increase in Kirkuk Oil Refinery Capacity
Iraq >> 3/8/2017 - Iraq has added a processing unit to the Kirkuk oil refinery, increasing the plant's capacity by 10,000 barrels per day, the oil ministry said in a statement. ...
SEZAD and PDO Sign MoU to Train Jobseekers
Oman >> 3/8/2017 - The Special Economic Zone Authority in Duqm (SEZAD) and Petroleum Development Oman (PDO) signed a Memorandum of Understanding (MoU) that provides for the development of a joint mechanism for co-operat...
McDermott Signs MOU with Saudi Aramco to Construct New Marine Complex
Saudi Arabia >> 3/8/2017 - McDermott International, Inc. plans to construct offshore production solutions in Saudi Arabia. McDermott signed a memorandum of understanding with Saudi Aramco for a long-term land lease at the new m...
DNO Reports Payment for Tawke Deliveries
Iraq >> 3/7/2017 - DNO ASA, the Norwegian oil and gas operator, reported receipt of USD 43.79 million from the Kurdistan Regional Government as payment towards December 2016 crude oil deliveries to the export market fro...
SNC-Lavalin Awarded Five-year Commissioning Framework Agreement by PDO
Oman >> 3/7/2017 - SNC-Lavalin announces that its wholly owned subsidary Kentz Overseas Company WLL has been awarded a five-year commissioning support services framework agreement by Petroleum Development Oman (PDO). Un...
Burning Less Oil at Home will Help Saudi Exports and Aramco IPO
Saudi Arabia >> 3/7/2017 - Saudi Arabia is likely to reduce the amount of oil it burns to generate power this summer as the kingdom hikes domestic energy pricoiles and uses more natural gas in power stations, industry sources s...
The Kingdom Fights Back Against Cyber Crime
Saudi Arabia >> 3/7/2017 - Cyber-Crime is not a new phenomenon, but it’s hitting the headlines as never before, with organization across GCC suffering high profile and damaging reaches. The growing frequency and sophistication ...
StocExpo Middle East Africa Promises Strong Conference Programme & Busy Exhibition
United Arab Emirates >> 3/6/2017 - Top regional oil companies, tank terminal operators, traders, financiers and regulatorsare confirmed to speak at StocExpo Middle East Africa, the region’s leading exhibition and conferenceto be held a...
ADNOC Distribution Opens Two New Marine Services Stations
United Arab Emirates >> 3/5/2017 - In line with the initiatives of His Highness Sheikh Khalifa bin Zayed Al Nahyan, President of the UAE, to ensure the highest quality of life for the people of the UAE and support the country’s sustain...
Wood Group Begins Detailed Engineering of Leviathan
Israel >> 3/2/2017 - Wood Group recently completed the seven month front end engineering design (FEED) for Noble Energy’s Leviathan Field Development Project in the Eastern Mediterranean Sea and has started the detailed e...
Cape Signs Five-year Contract with QAPCO
Qatar >> 3/2/2017 - Cape plc (CIU.LN), an international leader in the provision of critical industrial services to the energy and natural resources sectors, announces its Qatar operations have been awarded a five-year fr...

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