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Egypt pays $350mn to BG Group Dana Gas will invest $270mn in Egypt's main gasfield after receiving payments back.

Egypt pays $350mn to BG Group

The amount has been given as part of a deal to repay Egypt's dept

 •   Egypt seeks $1.5bn loan to repay oil and gas debts
 •   BP Egypt starts drilling Atoll-1 well
 •   Egypt's top refinery hopes to start exporting


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McDermott bags Saudi Aramco offshore contract

McDermott bags Saudi Aramco offshore contract

Deal includes initial work for a significant power supply system replacement
 
McDermott awarded EPC contract by Qatar Petroleum

McDermott awarded EPC contract by Qatar Petroleum

Work is expected to start in the second quarter of 2016
 
HB Rentals set for contracts peak in Q2, 2015

HB Rentals set for contracts peak in Q2, 2015

Company's MENA head expects next three to four years to be very busy
 
UK oil industry faces uncertainties

UK oil industry faces uncertainties

Rising costs, taxes and regulation all taking a toll
 

 

Arabtec wins $253mn of Saudi oil and gas contracts

Arabtec wins $253mn of Saudi oil and gas contracts

Projects include upgrading liquefied gas and refinery facilities for Saudi Aramco
 
Fujairah oil terminal receives first cargo

Fujairah oil terminal receives first cargo

Facility loaded about 45,000 metric tonnes of light distillates on Wednesday
 
L&T commissions $400mn ADMA-OPCO projects

L&T commissions $400mn ADMA-OPCO projects

Modifications were made to platforms in Umm Lulu and Nasr fields to improve production
 
Saudi Arabia round-up

Saudi Arabia round-up

All the week's biggest oil and gas stories from the Kingdom
 
ADGAS awards $500mn EPC contracts

ADGAS awards $500mn EPC contracts

Consortium of Maire Tecnimont and Archirodon to execute construction work on Abu Dhabi Das Island
 
World's biggest gas field to be developed by 2017

World's biggest gas field to be developed by 2017

South Pars is jointly operated by Qatar Petroleum and NIOC
 
Aramco explores Red Sea for gas with seismic study

Aramco explores Red Sea for gas with seismic study

Survey will produce 3D images of sea floor and potential fuel deposits
 
ABB wins FLNG supply contract worth $50mn

ABB wins FLNG supply contract worth $50mn

Firm will supply systems for new Petronas facility
 
Saipem wins Kashagan field contract

Saipem wins Kashagan field contract

Contract awarded by North Caspian Operating Company is worth $1.8bn
 
Abu Dhabi Nasr oilfield comes online

Abu Dhabi Nasr oilfield comes online

Production is estimated to reach 65,000 barrels per day by 2018
 
HB Rentals opens Abu Dhabi facility

HB Rentals opens Abu Dhabi facility

Firm provides offshore accommodation services
 




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