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Middle East


Shearwater GeoServices Awarded Projects Equivalent to 8 Vessel Months in the Arabian Sea
Oman >> 12/11/2018 - Eni Oman in partnership with Oman Oil Company Exploration and Production has awarded Shearwater GeoServices a seismic survey in Block 52, offshore Oman. The survey, due to commence later this year, wi...
Iraqi Oil Minister Expects Prices to Rise Over Time
Iraq >> 12/10/2018 - Iraqi Oil Minister Thamer Ghadhban said he expected the fall in oil prices to stop and for prices to rise over time, adding that if OPEC had not cut production, prices would have dropped to $45-50 per...
Kuwait Petroleum Aims to Produce 85,000 bpd of Heavy Crude by 2020/21
Kuwait >> 12/10/2018 - Kuwait Petroleum Corp. aims to produce 85,000 barrels of heavy crude oil a day by 2020/21, and 110,000 barrels per day by 2030/31, according to the text of a speech given by its CEO on Monday, seen by...
Tethys Oil Launches Seismic Campaign on Block 49
Oman >> 12/10/2018 - Following the successful reprocessing of older 2D seismic data, Tethys Oil has launched a new seismic campaign on Block 49. A total of 250 km2 of 3D and 315 km of 2D seismic data will be acquired in t...
Australia Overtakes Qatar as World’s Biggest LNG Exporter
Qatar >> 12/10/2018 - Australia overtook Qatar as the world’s largest exporter of liquefied natural gas (LNG) for the first time in November, data from Refinitiv Eikon showed. ...
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession
ADNOC Awards China ZhenHua Oil a 4% Interest in Its Onshore Concession United Arab Emirates >> 12/9/2018 - The Abu Dhabi National Oil Company (ADNOC) announced the four percent stake in its onshore concession, previously held by CEFC China Energy Company Limited (CEFC China), has been acquired by North Pet...
Adnoc, Inpex Sign MOU on LNG Bunkering Partnership
United Arab Emirates >> 12/6/2018 - Inpex Corporation (INPEX), has signed a Memorandum of Understanding (MOU) with ADNOC Logistics & Services on LNG bunkering partnership in United Arab Emirates. Under the MOU, INPEX and ADNOC L&S, a wh...
$4.6 billion Financing Signed for Duqm Refinery
Oman >> 12/5/2018 - Duqm Refinery announced its project’s financial close at a gala dinner held at the Intercontinental Hotel Muscat. Achieving a multi-source project financing for the Duqm Refinery project was a major m...
Duqm Refinery Appoints Al Huthaili as New CEO
Oman >> 12/5/2018 - The Board of Directors of Duqm Refinery recently announced the appointment of Dr Salim Al Huthaili as a Chief Executive Officer of Duqm Refinery. ...
Aramco Awards BHGE Major Well Services Contract for Conventional Fields
Saudi Arabia >> 12/4/2018 - Baker Hughes, a GE company has been awarded a major stimulation and well-testing contract by Saudi Aramco to be a partner in optimizing production from new and existing wells across conventional field...
Oil Firms Chosen to Expand Qatar's North Field Gas Reservoir to be Named Mid-2019
Qatar >> 12/3/2018 - The oil companies that Qatar selects to expand its north field natural gas reservoir will be announced in mid-2019, the country’s energy minister Saad al-Kaabi said. ...
Qatar to Withdraw from OPEC in January 2019
Qatar to Withdraw from OPEC in January 2019 Qatar >> 12/3/2018 - The OPEC Secretary General, His Excellency Mohammad Sanusi Barkindo, has today received a letter from the State of Qatar giving notice of its intention to withdraw from its Membership of OPEC, pursuan...
ADES Acquires 11 Onshore Drilling Rigs in the KSA
Saudi Arabia >> 12/3/2018 - ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has completed the acquisition of eleven onshore rigs from Wea...
Oman to Offer Six New Oil Blocks for Investment
Oman >> 12/2/2018 - Oman has announced plans to offer six new oil and gas blocks for investment as part of the 2019 Licensing Round due to be unveiled in the first quarter of next year. The new blocks — distributed acros...
Iraq's Basra Gas Co Output to Reach 1,050 mcf/d by End-2018
Iraq >> 11/29/2018 - Output from Iraq’s Basra Gas Company (BGC) is expected to reach 1,050 million standard cubic feet per day (mcf/d) by the end of 2018, an increase of 150 million mcf/d from current levels, the oil mini...
Kuwait Renews Gas Oil Supply Contract with Lebanon
Kuwait >> 11/29/2018 - Kuwait Petroleum Corporation has renewed its contract with Lebanon’s energy ministry to supply Lebanon’s state electricity company with gas oil for a year at international market prices, Kuwait News A...
Weir Signs $4M Deal with Major International Oil Company in Iraq
Iraq >> 11/28/2018 - Weir Oil & Gas Dubai has signed a multi-year contract in Iraq totaling more than $4 million USD with a major international oil company. The contract secures the provision of Weir Oil & Gas workshop se...
Sapura Energy to Join Saudi Aramco’s Long-term Agreement Programme
Saudi Arabia >> 11/28/2018 - Sapura Energy Berhad (Sapura Energy) marked a significant milestone in its growth strategy when its wholly-owned subsidiaries, Sapura Fabrication Sdn Bhd and Sapura Saudi Arabia, were selected to join...
Iraq Approves $156.74M Drilling Deal for West Qurna 2 Oilfield
Iraq >> 11/27/2018 - Iraq has approved a $165.74 million drilling deal with China’s Bohai Drilling Engineering Co. for the West Qurna Two oilfield, two Iraqi oil officials said. ...
Energean Announces First Steel Cut on Karish & Tanin FPSO
Israel >> 11/27/2018 - Energean Oil and Gas plc (ENOG) is pleased to announce that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel at the COSCO yard in Zhoushan, China, o...
BHGE Recognized for Localization Efforts in Saudi Arabia
BHGE Recognized for Localization Efforts in Saudi Arabia Saudi Arabia >> 11/26/2018 - Baker Hughes, a GE company received recognition for its localization efforts and announced a series of agreements at Saudi Aramco’s In-Kingdom Total Value Add (IKTVA) Forum. The agreements are in line...
Boskalis, Lamprell Awarded Long-term Deal with Saudi Aramco
Boskalis, Lamprell Awarded Long-term Deal with Saudi Aramco Saudi Arabia >> 11/26/2018 - Lamprell with its partners has been selected as a contractor on Saudi Aramco's Long Term Agreement for Offshore Facilities (LTA) programme. ...
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers
Saudi Aramco Signs Deals Worth $27.5 Billion with Suppliers Saudi Arabia >> 11/26/2018 - Saudi Aramco hosted its 4th IKTVA Forum & Exhibition this week at the Dhahran Expo Center in Dammam, attracting more than 1,000 local and international energy-sector service and equipment suppliers, m...
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall
ADNOC Awards 10% Stake in Mega Ghasha Gas Project to Wintershall United Arab Emirates >> 11/26/2018 - The Abu Dhabi Government and the Abu Dhabi National Oil Company (ADNOC) have added Wintershall Holding GmbH to the Ghasha ultra-sour gas mega project with a 10 per cent stake. The Ghasha Concession co...
ADNOC Inaugurates New Taweelah Gas Compression Plant
ADNOC Inaugurates New Taweelah Gas Compression Plant United Arab Emirates >> 11/25/2018 - The Abu Dhabi National Oil Company (ADNOC) inaugurated its technologically advanced Taweelah Gas Compression Plant, which will ensure uninterrupted gas supplies to major Abu Dhabi industries and the N...
Dana Gas Announces 30% Increase in Kurdistan Production Capacity
Iraq >> 11/21/2018 - Dana Gas, the Middle East's leading publicly-listed regional natural gas company, and its partner Crescent Petroleum, have announced achievement of a 30% increase in production capacity at the Khor Mo...
Subtech Group Wins Subsea Contracts in Middle East
Saudi Arabia >> 11/21/2018 - Subtech Group, part of James Fisher and Sons plc, has been awarded multi-million dollar contracts with a major oil and gas contractor, supporting a number of offshore and subsea projects across the Mi...
Polarcus Awarded High Resolution 3D Project
United Arab Emirates >> 11/21/2018 - Polarcus Limited announces that an award has been received to perform a high resolution 3D marine seismic acquisition project in North America. The project duration is approximately 45 days and is exp...
Zion Oil & Gas Announces Operational Update
Israel >> 11/20/2018 - Zion Oil & Gas, Inc. (ZN) announces that it has completed the testing program of its primary zones located within the Jurassic and Cretaceous-age Formations of the Megiddo-Jezreel #1 (MJ #1) well. ...
KOC Signs $1.3 billion Contracts to Buy over 86 Drilling Rigs
Kuwait >> 11/19/2018 - Kuwait Oil Company (KOC) recently signed contracts to buy over 86 drilling rigs, which is the largest order in KOC’s history with a total value of $1.3 billion, company CEO Jamal Jaafar said. He also ...
TechnipFMC Breaks Ground on New Manufacturing, Aftermarket & Training Facility in Saudi Arabia
Saudi Arabia >> 11/19/2018 - TechnipFMC has broken ground on its new state-of-the-art manufacturing, aftermarket and training facility in Dhahran in the eastern region of Saudi Arabia. ...
ShaMaran Acquires Larger Stake in Atrush Block
Iraq >> 11/18/2018 - ShaMaran Petroleum Corp. refers to the agreement announced on June 4, 2018 whereby the Company’s wholly owned subsidiary, General Exploration Partners, Inc. (“GEP”), agreed in a sale and purchase agre...
Energean Oil and Gas Announces Operational Update
Israel >> 11/15/2018 - Energean Oil and Gas plc (ENOG) is pleased to issue the following Trading Update for the period from 1 July to 13 November 2018. The Group will publish a Trading Statement and Operational Update on 16...
ADNOC & Mubadala to Jointly Explore Global Investment and Growth Opportunities
United Arab Emirates >> 11/14/2018 - The Abu Dhabi National Oil Company (ADNOC) and Mubadala Investment Company (Mubadala) signed a framework agreement to explore together potential global growth opportunities that build on Mubadala’s di...
Wood Awarded Contract Extension for Upper Zakum Oil Field Project
United Arab Emirates >> 11/13/2018 - Wood has secured a multimillion dollar contract extension from ADNOC Offshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC), for services to the UZ750 mega project offshore Abu Dhabi. ...
ADNOC Signs Hail, Ghasha and Dalma Ultra-Sour Gas Concession with Eni
United Arab Emirates >> 11/13/2018 - The Abu Dhabi government and the Abu Dhabi National Oil Company (ADNOC) have signed the first of a series of concession agreements with Italy’s multinational oil and gas company, ENI, awarding it a 25...
Saudi Aramco & ADNOC Sign Framework Agreement
Saudi Aramco & ADNOC Sign Framework Agreement Saudi Arabia >> 11/12/2018 - Saudi Aramco and the Abu Dhabi National Oil Company (ADNOC) signed a framework agreement to explore opportunities for collaboration in the Natural Gas and Liquefied Natural Gas (LNG) sector.

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Wood Secures USD53 million of Contracts Supporting ADNOC Onshore
United Arab Emirates >> 11/12/2018 - Wood has been awarded three new call-off contracts totaling $53 million by ADNOC Onshore, a subsidiary of Abu Dhabi National Oil Company (ADNOC). ...
ABB Wins $79M Order for Bab Onshore Project in Abu Dhabi
United Arab Emirates >> 11/12/2018 - ABB has been awarded an integrated automation, electrification and telecommunication order in Q2 2018, valued at US$79 million, for the upgrade of the Bab Onshore Field in Abu Dhabi, by China Petroleu...
Arabtec Unit Wins $142mn Contract from Tecnicas Reunidas
United Arab Emirates >> 11/12/2018 - ADNOC ONSHORE has issued a Letter of Award (LOA) to Tecnicas Reunidas for the execution of the facilities for the Bu Hasa Integrated Field Development Project in UAE.

ADNOC ONSHORE ha...
ADNOC Grants Total 40% Stake in Unconventional Gas Concession
ADNOC Grants Total 40% Stake in Unconventional Gas Concession United Arab Emirates >> 11/11/2018 - On behalf of the Abu Dhabi government, the Abu Dhabi National Oil Company (ADNOC) has signed an agreement with French oil and gas major Total, granting it a 40% stake in the Ruwais Diyab Unconventiona...
Reach Subsea Awarded Contract for the Newbuild Subsea Vessel
United Arab Emirates >> 11/8/2018 - Reach Subsea and MMT have over the last year been awarded several important frame agreements for Survey, IMR and light construction within both the oil & gas and renewable sector. With this backdrop o...
SABIC Awards Framework Agreement to WorleyParsons for EPCM Services
SABIC Awards Framework Agreement to WorleyParsons for EPCM Services Saudi Arabia >> 11/7/2018 - WorleyParsons has been awarded a five-year framework agreement by Saudi Basic Industries Corporation (SABIC), for the provision of engineering, procurement and construction management (EPCM) services....
PetroChina Agrees 2019 Annual Crude Supply Deals with Saudi Aramco, Kuwait
Saudi Arabia >> 11/7/2018 - Chinese oil major PetroChina inked 2019 annual crude supply deals with state-owned producers Saudi Aramco and Kuwait Petroleum Corp on Wednesday at a public signing ceremony during the China Internati...
Kuwait's Fifth Refinery to Cost $5-$6Bln
Kuwait >> 11/6/2018 - Kuwait's fifth refinery will cost $5 bln to $6 bln, Hatem Al-Awadhi, Kuwait Integrated Petroleum Industries Company (KIPIC)Hatem Al-Awadhi said in remarks carried by al-Qabas newspaper. ...
Oman Gas Signs Loan Agreement with Domestic, International Banks
Oman >> 11/6/2018 - State-owned Oman Gas Co. has signed a financing agreement with a group of seven local and international banks, the firm stated on Twitter, without giving details on the size of the financing. ...
MHPS Renews Its Long-Term Service Agreement for the Ras Laffan C IWPP
MHPS Renews Its Long-Term Service Agreement for the Ras Laffan C IWPP Qatar >> 11/6/2018 - Mitsubishi Hitachi Power Systems, Ltd. (MHPS) has concluded a second Long-Term Service Agreement (LTSA) for the Ras Laffan C Independent water and Power Project (IWPP) in Ras Laffan Industrial City, T...
Jumbo Won Transportation & Installation Contract for the Leviathan Development
Israel >> 11/5/2018 - Technip is preparing for a project including a subsea production system connecting high-rate subsea wells to a fixed platform located approximately 10km offshore Israel. ...
Occidental Petroleum Takes $196M Charge on ISND Exit
Oman >> 11/5/2018 - Occidental Petroleum Corporation announced net income for the third quarter of 2018 of $1.9 billion, or $2.44 per diluted share, which included an after-tax gain on the sale of domestic midstream asse...
Israel’s 2nd Offshore Bid Round
Israel >> 11/4/2018 - Israel announces the launching of its second bid round to grant exploration licenses for natural gas and oil in Israel’s economic waters in the Eastern Mediterranean. The upcoming bid round is pursuan...
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan
Supreme Petroleum Council Approves ADNOC’s 2019-2023 Business Plan United Arab Emirates >> 11/4/2018 - Abu Dhabi’s Supreme Petroleum Council (SPC) approved the Abu Dhabi National Oil Company’s (ADNOC) new integrated gas strategy and plans to increase its oil production capacity to 4 million barrels per...
ADES Completes Acquisition of Drilling Operations from Weatherford in Kuwait
Kuwait >> 11/1/2018 - ADES International Holding Ltd., a leading oil & gas drilling and production services provider in the Middle East and North Africa (MENA), has completed the acquisition of twelve onshore rigs from Wea...
Polarcus Awarded 3D Project in West Africa
United Arab Emirates >> 11/1/2018 - Polarcus Limited has received an award for a 3D marine seismic acquisition project in West Africa. The award comprises two surveys of approximately three months each, with the first survey expected to...
Bahrain's Oil Company Targets $1 bln through Dual-tranche Bond
Bahrain >> 10/31/2018 - Bahrain’s state-owned oil company Nogaholding plans to raise $1 billion through a dual-tranche U.S. dollar-denominated bond, a document by one of the banks leading the transaction showed.
Iraq Shuts Kirkuk Pumping Station due to Crack, Exports Unaffected
Iraq >> 10/31/2018 - Iraq has shut a 12,000 barrels per day (bpd) oil pumping station in its Kirkuk oilfield due to a crack in a key crude pipeline, two officials with the North Oil Company said. ...
Oxy Oman Signs Three Contracts with Local Firms
Oman >> 10/31/2018 - As part of its in-country value (ICV) strategy to support locally manufactured materials and maximise expenditure on goods and services made in Oman, Occidental Oman (Oxy Oman) signed a new contract w...
Total Reaffirms Plans for LNG Bunkering Scheme
Oman >> 10/30/2018 - Global energy giant Total envisions a significant place for Oman in its expanding portfolio of LNG related investments that provide liquefied natural gas as bunker fuel for merchant ships, particularl...
ADNOC Sour Gas Installs Remelter Facility at Shah Sulfur Granulation Station
United Arab Emirates >> 10/30/2018 - ADNOC Sour Gas has successfully installed a Sulfur Remelter facility, at its Shah Sulfur granulation station, to maximize Sulfur recovery otherwise lost during normal transportation operations. ...
PDO Awards Contract for Giant Solar Plant
Oman >> 10/29/2018 - Petroleum Development Oman (PDO) has awarded a contract to build a landmark 100 megawatt solar photovoltaic plant, which is part of an Independent Power Producer (IPP) project, to a joint Japanese-Oma...
QP to Allocate Free QAMCO Shares for Qataris Covered by Security Law
Qatar >> 10/28/2018 - Qatar Petroleum will allocate 750 free shares in Qatar Aluminium Manufacturing Company "QAMCO" (under incorporation) to all registered Qatari beneficiaries covered by the Social Security Law. ...
Iraq to Halt Kirkuk Oil Exports to Iran, May Resume them to Turkey
Iraq >> 10/26/2018 - Iraq will stop trucking crude from its northern Kirkuk oilfield to Iran in November to comply with sanctions imposed on its neighbor by the United States, five sources familiar with Iraqi oil export o...
ADNOC to Fill up Mangalore Oil Reserves in November 2018
United Arab Emirates >> 10/26/2018 - The Abu Dhabi National Oil Company (ADNOC) is expected to fill up storage tanks that it has contracted from the Indian government in the first week of November, senior Indian oil officials said. ...
Fugro Supports Qatargas’ LNG Operations with Inspection Services Contract
Qatar >> 10/25/2018 - Fugro is providing Qatargas Operating Company Limited (Qatargas) with underwater inspection, geotechnical and geophysical services for its offshore operations in Qatar under a new 5-year call off cont...
Aramco Signs 15 MOUs at the FII Forum Worth $34B
Aramco Signs 15 MOUs at the FII Forum Worth $34B Saudi Arabia >> 10/23/2018 - At the highly impactful Future Investment Initiative (FII) forum in Riyadh, Saudi Aramco signed 15 Memoranda of Understanding (MoUs) and strategic and commercial collaborations valued at more than US...
Enppi & Petrojet Accomplish 60% of Natural Gas Network Expansion
Jordan >> 10/22/2018 - Egypt's Enppi and Petrojet companies accomplished 60 percent of a project for expanding the natural gas network in Jordan. ...
Seabed Geosolutions Wins Red Sea Bottom Node Survey Contract
Saudi Arabia >> 10/22/2018 - Seabed Geosolutions (Seabed) and its partner have been awarded a 3D ocean bottom node survey in the Red Sea. The S-79 project will require the acquisition and processing of high quality 3D data over a...
Ma’aden Awarded Daelim a $892M EPC Contract to Build Ammonia Plant
Ma’aden Awarded Daelim a $892M EPC Contract to Build Ammonia Plant Saudi Arabia >> 10/22/2018 - The Saudi Arabian Mining Company (Ma’aden) has awarded Daelim with a 3.35 billion Saudi Riyal (USD 892 million) engineering, procurement and construction contract to build the first plant in the compa...
Petronas Buys 10 Percent Stake in Oman's Al Khazzan Field
Oman >> 10/21/2018 - Malaysia’s Petroliam Nasional Berhad (Petronas) said its subsidiary would buy a 10 percent stake in Oman’s Al Khazzan gas field, following a bidding exercise held by the exploration arm of state-owned...
Yanbu' South Terminal Boosts Export Capacity
Saudi Arabia >> 10/17/2018 - The commissioning of Yanbu South Terminal (YST) marked the addition of 3 million barrels per day to the West Coast export capacity when the first VLCC was loaded on October 12, 2018. Yanbu South Termi...
Energean Announces Timing of Secondary Listing on Tel Aviv Stock Exchange
Israel >> 10/16/2018 - Energean Oil and Gas plc (ENOG) expects the process for its Secondary Listing on the Tel Aviv Stock Exchange to complete on 29 October 2018. Energean expects to become a constituent of the TA-90 and T...
Gulf Marine Announces New Contract Award for Small Class Vessel
United Arab Emirates >> 10/16/2018 - Gulf Marine Services (GMS), the leading provider of advanced self-propelled self-elevating support vessels serving the offshore oil, gas and renewable energy sectors, is pleased to announce a new cont...
Bottom of the Barrel Technology – A key Solution for Middle East Refiners
Bottom of the Barrel Technology – A key Solution for Middle East Refiners Bahrain >> 10/15/2018 - Residue Upgrading is increasingly recognised as a key solution to the pressing challenge of meeting the growing market for cleaner fuels, the gradual substitution of heavier feedstock and the decreasi...
ADNOC Aims to Deepen Energy Partnership Opportunities with India
United Arab Emirates >> 10/15/2018 - His Excellency Dr. Sultan Ahmed Al Jaber, UAE Minister of State and Group CEO of the Abu Dhabi National Oil Company (ADNOC), met, with His Excellency Narendra Modi, Prime Minister of India, at an invi...
Qatar Petroleum to Manage & Operate ISND Offshore Field Next Year
Qatar Petroleum to Manage & Operate ISND Offshore Field Next Year Qatar >> 10/14/2018 - Qatar Petroleum announced that it will manage and operate the Idd El-Shargi North Dome (ISND) field following the expiry of the Development & Production Sharing Agreement (DPSA) with Occidental Petrol...
ADNOC Sour Gas Constructing New Sulphur Pipeline for its Shah Sour Gas Field
United Arab Emirates >> 10/14/2018 - ADNOC Sour Gas, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), has confirmed work is on track to construct a new Sulfur pipeline, to carry molten Sulfur produced by its Shah field sour ga...
Genel Provides Update on Tawke PSC
Iraq >> 10/9/2018 - Genel Energy plc notes that DNO ASA, as operator of the Tawke PSC (Genel 25% working interest), has issued an update on licence activity: ...
Aramco & BAPCO Announce New Phase of Saudi-Bahrain Pipeline
Saudi Arabia >> 10/9/2018 - Saudi Aramco and Bahrain’s BAPCO have announced the commissioning of the AB-4 pipeline, a new phase of Saudi-Bahrain crude oil pipeline, the Saudi company said. ...
Petrofac Secures $50m Contract Extension in Iraq
Iraq >> 10/8/2018 - Petrofac’s Engineering & Production Services (EPS) East business has secured a four-year renewal of a contract for maintenance management services for an international oil company client in Iraq. ...
Aramco & Total Launch Engineering Studies to Build Giant Petrochemical Complex
Aramco & Total Launch Engineering Studies to Build Giant Petrochemical Complex Saudi Arabia >> 10/8/2018 - Amin H. Nasser, President and Chief Executive Officer of Saudi Aramco and Patrick Pouyanne, Chairman and Chief Executive Officer of Total, signed in Dhahran the joint development agreement for the fro...
ADNOC and BHGE Form a Strategic Partnership
United Arab Emirates >> 10/8/2018 - Abu Dhabi National Oil Company (ADNOC or the Group) and Baker Hughes, a GE company signed a strategic partnership agreement, that will enable and support the growth and development of ADNOC’s subsidia...
Qatar Petroleum Concludes Two 5Y Naphtha Sale Agreements with Japan
Qatar >> 10/3/2018 - Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded two 5-year sales agreement to supply Japan’s Marubeni Corporation an annual tota...
Pragma & Aramco Collaborate to Develop Extreme Expansion Technology
Saudi Arabia >> 10/3/2018 - Pragma Well Technology Ltd, a FrontRow Energy Technology Group company focused on advanced production technologies, has secured a contract with Saudi Aramco worth over $700,000. ...
Rex on Track to Achieve Production in Oman Block in 2019
Oman >> 10/2/2018 - Rex International Holding Limited was looking to farm-out a substantial equity interest in Block 50 Oman (in which it holds a 92.65 per cent indirect stake), is now considering to maintain a high equi...
Teekay LNG Storage Vessel Ready for Working Life in Bahrain
Bahrain >> 10/1/2018 - Teekay LNG’s first Floating Storage Unit (FSU) has been successfully delivered to charterer Bahrain LNG. The vessel delivered from the yard at the end of August, before going on hire on 19 September, ...
Aramco & China University of Petroleum Ink Deal to Further Strategic Collaboration
Saudi Arabia >> 9/30/2018 - Saudi Aramco recently signed a Memorandum of Understanding (MoU) with China University of Petroleum in Beijing (CUPB) to enhance their partnership and closer collaboration. The MoU is intended to expl...
MAPNA Group Synchronizes Fourth Unit of Rumaila Plant to the Iraqi Power Grid
Iraq >> 9/29/2018 - MAPNA Group synchronized the fourth unit of Rumaila Combined Cycle Power Plant to the Iraqi national grid on Thursday, September 27, 2018. ...
OMV Started Production in Abu Dhabi
United Arab Emirates >> 9/27/2018 - The production start-up of the Umm Lulu and SARB (Satah Al Razboot) fields shows an initial capacity of 50,000 barrels per day (10,000 barrels per day net to OMV), which will increase to 129,000 barre...
Qatar Petroleum Increases LNG Production to 110 Million Tons Annually
Qatar >> 9/26/2018 - Qatar Petroleum announced its decision to increase the capacity of Qatar’s LNG expansion project, which was announced last year, by adding a fourth liquefaction train. When the project is completed, Q...
ADNOC Awards $860M EPC Contract for Phase 2 of Integrated Gas Development Expansion Project
ADNOC Awards $860M EPC Contract for Phase 2 of Integrated Gas Development Expansion Project United Arab Emirates >> 9/26/2018 - ADNOC LNG, a subsidiary of the Abu Dhabi National Oil Company (ADNOC), signed, the Engineering, Procurement and Construction (EPC) contract for the second phase of the Integrated Gas Development Expan...
United Energy to Buy Kuwait Energy for $651M
Kuwait >> 9/24/2018 - United Energy Group said it would buy Kuwait Energy (IPO-KEC.L) for up to $651 million as the Hong Kong-listed upstream oil and gas company aims to enter the Middle East and North Africa markets. ...
KOC’s Increase in Natural Gas, Oil Contributes to Meeting Needs
Kuwait >> 9/19/2018 - Increasing free natural gas and light oil by Kuwait Oil Company (KOC) will help contribute to meeting the country’s pressing need of gas and reaching new global commercial markets, said Minister of Oi...
ADNOC's Ruwais Unit Reaches Full Production of Polymer-grade Propylene
United Arab Emirates >> 9/19/2018 - Abu Dhabi’s National Oil Company (ADNOC) has reached full production of polymer-grade propylene from its newly commissioned Ruwais-based Propane Dehydrogenation (PDH) unit, the firm said in a statemen...
Duqm Refinery Launches ICV Forum
Oman >> 9/18/2018 - Duqm Refinery launched its In-Country Value (ICV) Programme Opportunities Forum at the Crowne Plaza Hotel in Duqm. The launch of the programme coincides with the beginning of construction of the refin...
Saudi Aramco to Spend over $133b on Drilling over Next Decade
Saudi Arabia >> 9/17/2018 - State oil giant Saudi Aramco will spend more than 500 billion riyals ($133 billion) on oil and gas drilling over the next decade, a senior company executive said on Monday. ...
UAE's Brooge Petroleum Plans to Float 40 pct in London IPO
United Arab Emirates >> 9/16/2018 - The United Arab Emirates Brooge Petroleum & Gas Investment Co. plans to float 40 percent of its capital on the London Stock Exchange in October, BPGIC Chief Executive Officer Nicolaas Paardenkooper sa...
MoU with Schneider Electric Focuses on 4th Industrial Revolution Solutions
Saudi Arabia >> 9/13/2018 - Saudi Aramco and Schneider Electric Saudi Arabia have signed a Memorandum of Understanding (MoU) regarding the Fourth Industrial Revolution. ...
Qatar Petroleum Signs 3Y Naphtha Feedstock Sale Agreement with India
Qatar >> 9/12/2018 - Qatar Petroleum, for and on behalf of Qatar Petroleum for the Sale of Petroleum Products Company (QPSPP), has concluded a 3-year sale agreement to supply India’s Haldia Petrochemicals Ltd. (HPL) in We...
Aramco Awards China Harbour Engineering Arabia a Contract to Construct 2 Drilling Islands
Saudi Arabia >> 9/11/2018 - Saudi Aramco has awarded a contract to China Harbour Engineering Arabia for the construction of two drilling islands under the company’sBerri Increment Program (BIP). ...
SABIC Announces Latest Updates on Its Acquisition of Shares in Swiss Clariant AG
Saudi Arabia >> 9/11/2018 - With reference to the announcement made by SABIC on Tadawul on January 25, 2018 regarding the acquisition of a 24.99% equity interest in Swiss Clariant AG, SABIC would like to announce that all regula...
Gulf Keystone Announces 2018 Half Year Results
Iraq >> 9/10/2018 - Gulf Keystone Petroleum, a leading independent operator and producer in the Kurdistan Region of Iraq (Kurdistan or Kurdistan Region) announces its results for the half year ended 30 June 2018. ...

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