Wednesday 27 March 2019

Compliance with oil production cuts improving: JMMC

The Joint Ministerial Monitoring Committee (JMMC) of oil producers that convened in Baku, the Republic of Azerbaijan on Monday reported a sizable improvement in compliance with production cuts implemented at the start of this year. It also recommended during its 13th meeting that


Veolia wins contract renewal for BP Oman water plant

Veolia, a leading designer and provider of water, waste and energy management solutions, said it has received a five-year contract renewal from oil giant BP for a reverse osmosis (RO) raw water treatment plant at the Khazzan tight gas field in Oman. A global leader in optimised r


BP Oman renews Veolia contract for raw water treatment

BP has renewed Veolia Middle East’s five-year contract for a reverse osmosis raw water treatment plant in Oman’s Khazzan tight gas field.   Veolia, the global leader in optimised resource management, will continue to handle operations and maintenance


Jumbo wins decommissioning work in North Sea

Jumbo has been awarded an offshore decommissioning project in the North Sea by Taqa Energy BV, involving the removal, transportation and disposal of three subsea protection domes and piles.   The removal operation will take place in the offshore series of fields


Adnoc awards Inpex onshore exploration rights

The Abu Dhabi National Oil Company (Adnoc), a leading global energy and petrochemicals group, has signed an agreement awarding the exploration rights for Abu Dhabi Onshore Block 4 to Japan’s Inpex Corporation. A wholly-owned Inpex subsidiary, Jodco Exploration Limited, will


Saudi energy park developer names new CEO

Saudi-based Energy City Development Company, the owner and developer of King Salman Energy Park (Spark), has appointed Saif S AlQahtani as its new president and chief executive officer following the approval from the company board. During the first board meeting held under the ch


US Chiller Services wins Adnoc plants maintenance contract

US Chiller Services (USCS) said it has secured a major contract from Abu Dhabi National Oil Company (Adnoc) to provide comprehensive operation and maintenance services to three of the company's district cooling plants located at Ruwais City in the UAE emirate. As per the deal


Dana Gas buys back $133m sukuk

UAE-based Dana Gas, a leading natural gas company has now bought back a total of$133 million Sukuk in connection with Dana Gas’s 4 per cent Nile Delta Sukuk Ltd Certificates issued by Nile Delta Sukuk Ltd. The buyback has reduced the size of the Sukuk from $530 million to $


Emerson joins forces with top energy group Repsol

Emerson, a global engineering and technology company, and Repsol, a leading energy company, said they have established a strategic alliance to deliver advanced subsurface geophysical technologies to significantly reduce the time to prospect and produce first oil.   


Dewa's schemes net $326m in water, power savings

Dubai Electricity and Water Authority (Dewa) has announced that its conservation programmes and initiatives over the past 10 years have achieved significant savings in electricity and water use within various stakeholder groups.   Cumulative savings between 2009

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