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Sabic signs deal for 38,000 cbm gas carrier Picture for illustrative purpose only.

Sabic signs deal for 38,000 cbm gas carrier

Vessel will be delivered by Ocean Yield ASA to Sabic's Houston base in December

 •   ExxonMobil still evaluating US JV with Sabic
 •   Sabic to sell stake in Ibn Al-Baytar to Safco
 •   SABIC sells polymershapes unit to US firm


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Iran launches projects in Gulf to raise gas output

Iran launches projects in Gulf to raise gas output

President Hassan Rouhani has recently inaugurated five new projects, which officials said would put Iran on an equal footing with Qatar in exploiting the shared offshore gas field
 
South Pars deal with Total to be signed soon: NIOC

South Pars deal with Total to be signed soon: NIOC

In November, Total signed a preliminary agreement, worth $4.8bn, as the head of an energy consortium to develop Phase 11 of the giant South Pars field in the Gulf's waters that Iran shares with Qatar
 
Emerson donates reservoir software to universities

Emerson donates reservoir software to universities

The software donation will enable petroleum engineering students at GEU and MIT to access the latest software modules relating to seismic interpretation, well log interpretation and correlation, mapping and geomodelling, and gridding.
 
Lebanon on track with first licensing round: Chbat

Lebanon on track with first licensing round: Chbat

Wisam Chbat, chairman of the Lebanese Petroleum Administration, has provided details of the government's efforts to structure and develop the nascent oil and gas industry, in an interview to the organisers of the Lebanon International Oil and Gas Summit
 

 

QP, ExxonMobil to explore for oil & gas in Cyprus

QP, ExxonMobil to explore for oil & gas in Cyprus

Qatar Petroleum (QP) and ExxonMobil will start drilling for oil and gas off the southern coast of Cyprus in 2018
 
Qatar lifts moratorium on North Dome gas field

Qatar lifts moratorium on North Dome gas field

The development in the southern section of the North Field will have a capacity of 2bn cubic feet per day, or 400,000 barrels of oil equivalent, and increase production of the field by about 10%, when it starts production in five to seven years: QP CEO
 
Cyprus cabinet approves QP offshore block deals

Cyprus cabinet approves QP offshore block deals

Eni and Total are in a consortium for one of the blocks, while ExxonMobil and Qatar have joined up for another. Eni will be on its own in a third block
 
Lebanon to lure oil & gas investments in May event

Lebanon to lure oil & gas investments in May event

The challenges and the road ahead for companies investing in Lebanon's oil and gas industry will also be deliberated upon during the 3rd edition of the Lebanon International Oil & Gas (LIOG) Summit on the 9th and 10th of May in Beirut
 
Adnoc, SBGS rescue rare dugong from fishing net

Adnoc, SBGS rescue rare dugong from fishing net

In a three-hour long rescue operation, the team set the 1.5m long marine mammal free after the fishing net, with multiple attached floats, had become entangled around the Dugong's tail, preventing it from diving and grazing on sea grasses
 
Nakilat, Shell LNG tanker damaged off UAE

Nakilat, Shell LNG tanker damaged off UAE

Sitting empty off the UAE port of Fujairah, a busy anchorage point on the Gulf of Oman, the tanker was struck by the Jag Laadki operated by India's Great Eastern Shipping Company
 
Total in talks to buy Iranian LNG project: Sources

Total in talks to buy Iranian LNG project: Sources

Total was in the running for a stake in Iran's LNG, alongside several other oil majors, but any deal was still some way off, Reuters’ sources confirmed
 
Algeria, Exxon discuss joint offshore oil drilling

Algeria, Exxon discuss joint offshore oil drilling

With lower oil prices forcing the company to focus on developing mature wells in the Sahara Desert, offshore rigs could open up new growth opportunities
 
Lebanon to begin offshore gas licensing round

Lebanon to begin offshore gas licensing round

After Israel expressed concern over three of the five maritime blocks 8, 9 and 10 due to their proximity to its maritime borders, Lebanon's Army asked UNIFIL to demarcate the two countries' maritime borders as they did with the Blue Line.
 
Qatari al-Shaheen crude loading delays: Sources

Qatari al-Shaheen crude loading delays: Sources

QP announced that Total will soon take over operations of Al-Shaheen, whose supplies have become erratic since late last year with exports falling in September-October and January due to maintenance work
 
PetroSaudi, PDVSA arbitration decision in Q4

PetroSaudi, PDVSA arbitration decision in Q4

PetroSaudi International, the parent company of PetroSaudi Oil Services Ltd, did not immediately respond to a request for comment, according to Reuters
 




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