Thursday 27 July 2017

Adipec Awards open for nominations

The prestigious Adipec 2017 Awards are now open for nominations, with five categories focused on issues crucial to the progress and resilience of the energy sector. The Adipec Awards celebrate excellence and are a highly coveted accomplishment within the world of oil and gas, sai


DGC’s 445 MW power plant to kick off operations in January

Oman-based Dhofar Generation Company (DGC) will start generating power from a new natural gas-fired 445-MW plant (Salalah II) in January 2018, a report said. A consortium consisting of Japan’s Mitsui & Co, Saudi Arabia’s Acwa Power and Dhofar International Develop


Sadara brings Saudi Arabia’s first polyols plant on-stream

Sadara Chemical Company (Sadara), the largest chemical complex ever built in a single phase, has successfully started up the kingdom’s first polyols plant.    This manufacturing facility produces specialty chemicals that go into the production of poly


UAE move on oil supply a model, says minister

Abu Dhabi National Oil Company's (Adnoc) decision to cut crude allocations by 10 per cent for September can become a model for other national oil companies inside and outside Opec to achieve market stability, said Suhail bin Mohammed Faraj Faris Al Mazrouei, UAE's Minister of Energy.


Kuwait seeks to set up energy trading venture says report

Opec member Kuwait plans to start trading energy and not just producing it, joining other Middle Eastern producers eager to claw back some of the profit traders like Vitol Group and Glencore earn by buying and selling the region’s oil.   State-run Kuwait P


Petrofac wins $100m new contracts in Iraq

Petrofac, a leading provider of oilfield services, has secured a contract extension and a new award with a combined value of more than $100 million for construction management, engineering, commissioning and start-up services for two international oil companies (IOCs) in Iraq. Th


Iran’s NIDC drills 54 oil wells during March-July

National Iranian Drilling Company (NIDC) drilled one exploration, 22 development and appraisal and 31 workover wells in the four-month period from mid-March to mid-July, said a top official. "Of this figure, 40 wells were located in the operational territory of National Iran


Basrah Heavy cargo sold at $1.37 premium on DME

Dubai Mercantile Exchange hosted its latest auction on Wednesday, on behalf of Iraq’s National Oil Company (Somo). The 2-million barrel cargo of Basrah Heavy was awarded at a premium of $1.37 per barrel over the September Basrah Heavy Official Selling Price (OSP).  28 compan


Abu Dhabi group to set up $150m Vietnam petchem JV

Abu Dhabi-based Baron Point Petroleum Services Company (Baron Point Petroleum) has reached an agreement with national oil and gas company PetroVietnam Oil Corporation (PV Oil) to set up a joint venture that will finance, build and operate petroleum product pipelines and storage space in the cou


SNC-Lavalin wins Guinea refinery deal

SNC-Lavalin has been awarded a contract by Brahms Oil Refineries Limited to undertake a front-end engineering design (Feed) conversion to EPC contract for a 10,000 barrel per day crude oil refinery in Kamsar, Guinea. The Feed will provide a budget cost estimate to obtain a final

 1 2 3 4 > 

calendarCalendar of Events