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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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Nakilat transitions LNG Al Ghuwairiya to in-house

Nakilat transitions LNG Al Ghuwairiya to in-house

With a cargo carrying capacity of 263,300 cubic meters, Al Ghuwairiya is wholly-owned by Nakilat and chartered by Qatargas
 
Qatar Navigation's purchase of Al Shaheen delayed

Qatar Navigation's purchase of Al Shaheen delayed

The reason for the delay was the ongoing merger talks between Baker Hughes and GE's oil and gas division
 
Petrojet scoops $90mn Duqm gas pipeline contract

Petrojet scoops $90mn Duqm gas pipeline contract

The company said it has been contracted by OGC, a wholly owned subsidiary of Oman Oil Company SAOC (OOC), to build the 221-km pipeline at a cost of around $90mn
 
Eni to cut stake in Egypt's Zohr gas field to 50%

Eni to cut stake in Egypt's Zohr gas field to 50%

Eni, whose cash flow fell 19% in the third quarter, is committed to selling $5.30bn of assets in the next two years to help fund investments
 

 

BP buys stake in Eni's Zohr gas field in Egypt

BP buys stake in Eni's Zohr gas field in Egypt

The deal gives Eni much-needed cash as part of its 5bn euro divestment plan to continue investing and paying dividends despite weak oil prices
 
Rowan, Aramco JV to operate offshore drilling rigs

Rowan, Aramco JV to operate offshore drilling rigs

The two companies would contribute $25mn as working capital
 
Qatar Shell awards WorleyParsons with EPC contract

Qatar Shell awards WorleyParsons with EPC contract

Under the contract, WorleyParsons will provide EPCm services primarily for a portfolio of brownfield projects
 
Libya's Abu Tifl field back to operation

Libya's Abu Tifl field back to operation

Abu Tifl was shut for two years because of protests by local residents and blockades at eastern ports that were recently lifted.
 
Wintershall starts 1st offshore well for Shuwaihat

Wintershall starts 1st offshore well for Shuwaihat

In order to establish a supply base, Wintershall opted for an individual solution rather than for the common trail and developed the local "Mugharraq" port for its operations.
 
Saipem signs $1bn contract with Aramco

Saipem signs $1bn contract with Aramco

Saipem awarded contracts by Saudi Aramco including two EPIC
 
Schlumberger licenses ADNOC offshore drilling

Schlumberger licenses ADNOC offshore drilling

The licensing agreement was signed today at ADIPEC 2016 by ADNOC's director of exploration, development and production, and Schlumberger’s general manager and vice president
 
Total signs energy deal with Iran despite Trump

Total signs energy deal with Iran despite Trump

The agreement was signed this week with NIOC for the Phase 11 development of South Pars in the Gulf, which extends into Qatari waters where it is known as the North field.
 
Qatar Petroleum forms dedicated LNG marketing arm

Qatar Petroleum forms dedicated LNG marketing arm

The newly established Ocean LNG Limited will market Qatari LNG worldwide
 
Iraq offers oilfields under new contract terms

Iraq offers oilfields under new contract terms

The new invitation to tender allows oil companies to 'submit their own proposals for contractual, commercial and financial terms and conditions', a clear shift from the service contracts used for the country's giant southern fields.
 
BP's Khazzan gas project phase 1 in Oman 80% ready

BP's Khazzan gas project phase 1 in Oman 80% ready

The massive project is located 350km south of Muscat, and BP claims the completed development will eventually contribute roughly a third of Oman's natural gas supply
 




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